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GlobalData

Technology

Cost of living crisis and trade wars are just some of the factors that are deglobalizing the sustainability agenda, says GlobalData

The war in Ukraine, the global cost of living crisis, and the rise of trade wars are deglobalizing the sustainability agenda, according to GlobalData, a leading data and analytics company. Robert Pritchard, Senior Analyst for Enterprise Technology and Services at GlobalData, said: “Compared with COP26, COP27 was a disappointment, but it must be viewed in […]
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Fixed broadband service revenue in Taiwan to increase at 4.3% CAGR over 2022-2027, forecasts GlobalData

Taiwan’s fixed broadband service revenue is poised to increase at a compound annual growth rate (CAGR) of 4.3% from $1 billion in 2022 to $1.3 billion in 2027, mainly driven by the continued rise in cable and fiber-optic broadband subscriptions, according to GlobalData, a leading data and analytics company. GlobalData’s Taiwan Fixed Communications Forecast (Q3-2022) […]
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Enterprise ICT revenue in China to grow at 8.5% CAGR over 2021-2026, forecasts GlobalData

The enterprise ICT revenue opportunity in China is expected to increase at a compound annual growth rate (CAGR) of 8.5% between 2021 and 2026. The ongoing government initiatives prioritizing industrial digitalization and acceleration of digital transformation activities across large enterprises and SMEs provide a promising ground for the ICT market growth in the country, forecasts […]
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Philippines fixed communication service revenue to grow at 2.7% CAGR over 2022-2027, forecasts GlobalData

The total fixed communication services revenue in the Philippines is expected to increase at a compounded annual growth rate (CAGR) of 2.7% from $5.2 billion in 2022 to $6 billion in 2027, mainly driven by the strong growth in fixed broadband segment, forecasts GlobalData, a leading data and analytics company. GlobalData’s Philippines Fixed Communications Forecast […]
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Enterprise ICT revenue opportunity in India to grow at 9.3% CAGR over 2021-2026, forecasts GlobalData

The enterprise ICT revenue opportunity in India is forecast to increase at a compound annual growth rate (CAGR) of 9.3% between 2021 and 2026. This can be attributed to the persistent technology centric innovations by enterprises coupled with government supported digital programs accelerating digital transformation in India, says GlobalData, a leading data and analytics company. […]
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UK Autumn Statement protects healthcare and education, but will result in tough choices on priorities for public sector’s £19 billion annual ICT spend, says GlobalData

Following UK Chancellor Jeremy Hunt’s announcement of a mixture of tax rises and cuts to UK public spending totalling £55 billion as part of the 2022 Autumn Statement; Robert Stoneman, Service Director at GlobalData, a leading data and analytics company, offers his view: “This has laid bare stark divisions in public spending, where moving forward […]
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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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