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GlobalData
GlobalData

Technology

Autumn Statement signals return of Austerity for UK public sector organisations, meaning tough decisions on ICT spending priorities in 2023, says GlobalData

This year’s Autumn Statement on 17 November 2022 is significant due to the recent turmoil resulting from September’s ‘Mini-Budget’. With most decisions from the latter now rolled back, the Statement aims to repair the nation’s fiscal credibility and fill a black hole of £55 billion. Cuts of at least £35 billion are planned, meaning most […]
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Field robot sales will hit $11 billion by 2030, says GlobalData

The global agricultural sector is tackling a multitude of challenges, from climate change to population growth, and the growing demand for food. Robotics offer a much-needed solution, providing answers from vertical farms to drones. This has catalyzed the demand for field robots, which reached sales of $1.1 billion in 2020 and will hit $11 billion […]
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The service robotics industry will reach $216bn in 2030, transforming the travel and tourism industry, but human staff will not be replaced, says GlobalData

The service robotics industry is set to register a compound annual growth rate (CAGR) of 21.5% to reach $216 billion in 2030, driven by investments across consumer facing industries, including travel and tourism. The overall robotics industry is set to grow from $70 billion in 2022 to $568 billion in 2030, says GlobalData, a leading […]
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Fixed communications services revenue in Malaysia to increase at 2.5% CAGR between 2022-2027, forecasts GlobalData

The fixed communications service revenue in Malaysia is set to increase at a  compound annual growth rate (CAGR) of 2.5% from $1.8 billion in 2021 to $2.1 billion in 2026 primarily led by the fixed broadband service segment, says GlobalData, a leading data and analytics company. GlobalData’s Malaysia Fixed Communications Forecast (Q2 2022) reveals that […]
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Sales of new Apple TV 4K will remain low as it fails to compete with rivals’ similar and cheaper devices, says GlobalData

Following Apple’s recent announcement of the new Apple TV 4K; Ardit Ballhysa, Technology Analyst at GlobalData, a leading data and analytics company, offers his view: “Compared to rival offerings, Apple’s TV lineup is lacking in diversification as it does not have its own competitively priced streaming stick, which would better compete with its competitors. By not […]
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Institutional push for digital leadership drives China businesses to ramp up ICT spending in 2022, reveals GlobalData

The government initiatives to boost digital economy and digital leadership through the expansion of information and communications technology (ICT) infrastructure and regulatory support mechanisms are driving China’s enterprises to increase their ICT spending in 2022, finds GlobalData, a leading data and analytics company. GlobalData’s recent ICT customer insight survey* reveals that about 47% of respondents, […]
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