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Malaysia’s mobile service revenue is poised to increase at a compound annual growth rate (CAGR) of 2.8% from $5.6 billion in 2022 to $6.5 billion in 2027, mainly driven by the mobile data segment, which is well supported by the growing availability and adoption of 5G services, according to GlobalData, a leading data and analytics […]
Asia-Pacific helps Netflix reverse subscriber loss in Q3, says GlobalData
Following the release of Q3 2022 financial results by streaming giant Netflix; Pradeepthi Kantipudi, Telecom Analyst at GlobalData, a leading data and analytics company, offers her view: “The Asia-Pacific (APAC) region once again led the subscriber growth for the Netflix with an addition of 1.43 million paid membership subscriptions for the third quarter of 2022 […]
Mobile operators see major opportunity in private cellular networks, says GlobalData
After several years of chasing the opportunity to offer private cellular networks to businesses and public sector organizations, mobile operators are reporting positive traction, says GlobalData. In its 2022 Global ICT Investment Survey, the leading data and analytics company found that 82% of the 1,400 enterprises surveyed are planning to add private cellular networks to […]
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 […]
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, […]
Japan multi-play service revenue to increase at 7% CAGR over 2021-2026, forecasts GlobalData
The total multi-play service revenue in Japan is set to increase at a compound annual growth rate (CAGR) of 7% from $32.5 billion in 2021 to $45.6 billion in 2026, driven by strong demand for blended services and growing number of multi-play households in the country, according to GlobalData, a leading data and analytics company. […]
Automation, AI at heart of next generation telco services, says GlobalData
The COVID-19 pandemic has highlighted the necessity of end-to-end automation of more complex business processes as enterprises seek to reduce dependency on human workforce. Artificial intelligence (AI) enables enhanced automation, quicker reaction to data sets, and a multitude of use cases in several consumer and corporate areas. When used well, AI and automation can not […]
Japan fixed communication services revenue to grow at 2.5% CAGR during 2021-2026, forecasts GlobalData
The total fixed communication services revenue in Japan is expected to increase at a compound annual growth rate (CAGR) of 2.5% from $35.3 billion in 2021 to $40 billion in 2026, driven by the growth in both fixed voice and fixed broadband segments, forecasts GlobalData, a leading data and analytics company. GlobalData’s Japan Fixed Communications […]
Netflix hastens Basic with Ads plan launch to take on Disney+, says GlobalData
Following news that Netflix is launching “Basic with Ads”, a lower-priced, ad-supported subscription plan across 12 markets worldwide in November; Tammy Parker, Principal Analyst at GlobalData, offers her view: “Netflix is taking a measured approach to its new ad-supported video-on-demand (AVOD) service, with the US version priced at $6.99 per month, which is $3 less […]
Mobile service revenue in Japan to increase at 5.1% CAGR over 2021-2026, forecasts GlobalData
The overall mobile services revenue in Japan is poised to register a compound annual growth rate (CAGR) of 5.1% from $72.7 billion in 2021 to $93 billion in 2026, supported by growth in smartphone subscriptions and mobile data service revenues, according to GlobalData, a leading data and analytics company. GlobalData’s Japan Mobile Broadband Forecast Model […]
Rapidly growing M&A activity will propel metaverse market to record CAGR of 39.8% during 2022 to 2030, says GlobalData
The metaverse market will register a compound annual growth rate (CAGR) of 39.8% during the 2022-30 forecast period, driven by rapidly growing mergers and acquisitions (M&A) activity in the sector, says GlobalData, a leading data and analytics company. GlobalData’s latest report, “Metaverse Market Size, Share, Trends, Analysis and Forecasts, 2022-2030 reveals that M&A deals have […]
Quest Pro is Meta’s experimental attempt to go beyond virtual reality gaming, says GlobalData
Following the news that Meta has unveiled a new Quest Pro virtual reality (VR) headset; Anisha Bhatia, Senior Analyst at GlobalData, a leading data and analytics company, offers her view: “VR headsets are bulky and clunky. But Meta Quest Pro is innovative, with its battery on a back mount, reducing the bulkiness of the headset […]
Singapore enterprises raise ICT budgets for 2022, driven by institutional support for digital economy, finds GlobalData survey
Encouraged by the government measures supporting growth in the digital economy along with continued efforts at digitalizing their own business operations, more than a third of enterprises in Singapore have significantly increased their ICT budgets in 2022 compared to 2021, reveals GlobalData, a leading data and analytics company. GlobalData’s Singapore enterprise ICT investment trends report, […]
US enterprises increase their ICT budget for 2022 with a focus on disruptive technologies and cybersecurity, finds GlobalData
According to a survey by GlobalData*, 86% of US enterprises have increased their ICT budget in 2022, compared with 2021. The leading data and analytics company highlights that such investment was enabled by strong economic rebound in 2021, and will help these companies continue and develop the digitalization measures they used to overcome the COVID-19 […]
Vodafone/3 merger talks confirmed: goal of establishing the UK’s largest mobile base faces hurdles, says GlobalData
Following the news that Vodafone has finally confirmed that it has been in talks with CK Hutchison, owner of Three UK, to bring together their UK businesses to create the country’s largest mobile operator with about 27 million subscribers; Emma Mohr-McClune, Service Director of Consumer at GlobalData, a leading data and analytics company, offers her […]
Metaverse market to register CAGR of 39.8% to reach $996bn in 2030, forecasts GlobalData
The metaverse market will record a compound annual growth rate (CAGR) of 39.8% to reach $996 billion in 2030, as companies across the globe, including those in non-tech sectors, increasingly invest in the technology for better engagement with customers, brand awareness expansion, and identification of new revenue streams, says GlobalData, a leading data and analytics […]
Google’s new Pixel Watch offers little more than a beautiful, sleek design, says GlobalData
Following Google’s announcement of the new Pixel Watch at the recent Made By Google event;Ardit Ballhysa, Technology Analyst at GlobalData, a leading data and analytics company, offers his view: “Despite the investments Google has poured into developing the Pixel Watch, such as purchasing Fitbit for $2.1 billion, refining Wear OS over the years, and actually […]
Most retail enterprises see increased ICT budgets in 2022 with a focus on improving internal as well as customer communication, finds GlobalData survey
Approximately 83% of enterprises* in the retail sector have seen an increase in their enterprise ICT budget in 2022 compared to 2021, driven by the increasing adoption of digital technologies for streamlining supply chains and improving customers’ experiences, found GlobalData, a leading data and analytics company. GlobalData’s report, ‘Enterprise ICT Investment Trends Retail’, which is […]
New features focusing on productivity place Slack in an enviable position, says GlobalData
Following Slack’s introduction of a variety of features on its flagship collaboration platform at Dreamforce 2022; Gregg Willsky, Principal Technology Analyst at GlobalData, a leading data and analytics company, offers his view on how these features will help companies become more productive: “By focusing specifically on productivity, Slack has a competitive advantage. Every business places […]
Japan subscription video on demand revenue to grow at 10.1% CAGR during 2022-2027, forecasts GlobalData
The subscription video on demand (SVoD) service revenue in Japan is expected to increase at a compound annual growth rate (CAGR) of 10.1% from $4.5 billion in 2022 to $7.3 billion in 2027, driven by the strong growth in SVoD subscriptions and unique SVoD households, and a steady rise in the average monthly revenue per […]