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Following the news that Meta has opened its virtual reality (VR) social platform Horizon Worlds to the mass market; Emma Mohr-McClune, Technology Service Director at GlobalData, a leading data and analytics company, comments: “It’s difficult to exaggerate what’s at stake here for Meta, the company formerly known as Facebook. ‘The metaverse’ is now one of […]
8×8’s acquisition of Fuze the latest in communications tech M&A trend as businesses try to stay connected, says GloalData
Unified Communications-as-a-Service (UCaaS) vendor 8×8’s acquisition $250 million acquisition of its competitor Fuze is the latest in a flurry of M&A activity in the collaboration and customer contact market. Gary Barton, Principal Enterprise Technology and Services Analyst at GlobalData, a leading data and analytics company, offers his view: “The pandemic and the move to hybrid […]
EU Council’s agreement to redefine internet regulation is just in time for the metaverse, says GlobalData
Following the news that the EU Council has formally adopted both the draft Digital Services Act (DSA) and a Digital Markets Act (DMA), which will allow for better control over the spread of counterfeit goods, hate speech, cyber threats, disinformation and unfair digital services competition within member states; Emma Mohr-McClune, Technology Service Director at GlobalData, […]
Data center and hosting spending in Singapore to increase at 6.1% CAGR over 2020-2025, forecasts GlobalData
The total addressable market size of data center and hosting services in Singapore, in terms of spending opportunity, is set to increase at a compound annual growth rate (CAGR) of 6.1% between 2020 and 2025, driven by rising adoption of cloud technology and shift towards remote working models across enterprises, forecasts GlobalData, a leading data […]
Verizon’s TracFone acquisition should amp up competitive fervor in prepaid sector, says GlobalData
Following today’s news (23 November) that Verizon has completed its acquisition of TracFone; Tammy Parker, Principal Analyst at GlobalData, a leading data and analytics company, offers her view: “The TracFone acquisition fills a significant gap in Verizon’s consumer wireless services portfolio, and provides Verizon with massive scale as it gains the largest US prepaid services […]
Data and analytics market in China to increase at 10.2% CAGR over 2020-2025, forecasts GlobalData
Data and analytics market in China, in terms of enterprise spending opportunity, is expected to increase at a CAGR of 10.2% over 2020-2025, boosted by the acceleration in enterprise digital transformation efforts in the country, and growing demand for business intelligence, data discovery tools, and big data platforms, says GlobalData, a leading data and analytics […]
Enterprise spending on data center and hosting services in China to grow at 6.8% CAGR through 2025, forecasts GlobalData
The total addressable market size of the data center and hosting services in China, in terms of enterprise spending opportunity, is set to increase at a CAGR of 6.8% between 2020 and 2025, driven by rising demand for storage and computing power among enterprises that can support technology infrastructure upgrades and online/digital service implementations, says […]
Partnership between Meta And Microsoft nourishes the emerging movement towards integration says GlobalData
Meta (formerly Facebook) and Microsoft announced a partnership to integrate Workplace and Teams, their respective team collaboration platforms. Beginning immediately, access to Workplace content will be available within Teams. In December, Microsoft Teams will be available on the Meta Portal (Facebook Portal) device, allowing video calling in Teams. In early 2022, Teams video meetings will […]
Japan SVOD services market revenue to reach US$6.3bn in 2025, forecasts GlobalData
The subscription video on demand (SVOD) service revenue in Japan is expected to increase at a robust compounded annual growth rate (CAGR) of 17.7% from US$2.8bn in 2020 to US$6.3bn in 2025, driven by increasing SVOD subscriptions and steady rise in average monthly revenue per SVOD household, according to GlobalData, a leading data and analytics […]
Black Friday 2021: Free 5G phones and other incentives will boost holiday shopping for US retailers, says GlobalData
During the Black Friday holiday shopping period, GlobalData predicts US retailers, manufacturers and carriers will heavily promote tablets and hot spots in offers designed to increase line count. The leading data and analytics company notes that giftable incentives will be bundled with phone purchases, while Apple AirPods, Google Pixel Buds, Samsung Galaxy Buds+ and smart […]
UK enterprise telecoms market sees upsurge in competition, says GlobalData
Already highly competitive, the addition of well-funded alternative network and service providers is great news for UK enterprises. Robert Pritchard, Senior Analyst at GlobalData, a leading data and analytics company, offers his view: “The UK enterprise telecoms market is arguably the most competitive in the world, having been one of the first to open up […]
Edge computing will be a $17.8bn business by 2025, says GlobalData
The sale of edge computing products, services and solutions will grow to reach US$17.8bn in 2025, up from an estimated US$8bn in 2019, at a compound annual growth (CAGR) rate of 15.6%, according to GlobalData. The leading data and analytics company notes that growth will be driven by the market becoming more diverse and competitive. […]
Enterprise server spending in Malaysia to grow at 7.6% CAGR over 2020-2025, forecasts GlobalData
The overall addressable market for enterprise servers in Malaysia is expected to grow at a CAGR of 7.6% between 2020-2025, driven by the ongoing expansion of data center capabilities by leading vendors coupled with high-speed computing by the enterprises, forecasts GlobalData, a leading data and analytics company. Sunil Kumar Verma, Lead ICT Analyst at GlobalData, […]
Enterprise server spending in Singapore to increase at 6.4% CAGR over 2020-2025, forecasts GlobalData
The total addressable market size of servers in Singapore, in terms of enterprise spending opportunity, is poised to grow at a CAGR of 6.4% to reach US$1.5bn in 2025 mainly driven by the ongoing digital transformation and IT modernization efforts of enterprises, says GlobalData, a leading data and analytics company. According to GlobalData ‘Market Opportunity […]
Enterprise security spending in Australia to increase at 6.7% CAGR over 2020-2025, reveals GlobalData
The total addressable market size of IT security in Australia, in terms of enterprise spending, is set to grow at a CAGR of 6.7% to reach US$3.5bn in 2025, led by continued rise in enterprise managed security service investments, and rising demand for identity & access management, security intelligence & management and endpoint security platforms, […]
Comcast’s 3 Gbps home broadband service highlights fiber’s growing importance; US fiber lines will grow at 10.8% CAGR through 2026, says GlobalData
GlobalData expects the number of US fiber lines will grow at a robust compound annual growth rate (CAGR) of 10.8% and reach 28.2 million lines by year-end 2026 Cable’s share of total US fixed-broadband subscriptions will decline to 67.1% by year-end 2026 US fixed-broadband lines will increase from 103.1 million in 2021 to 112.3 million […]
Australia enterprise mobility market to reach US$1.4bn in 2025, forecasts GlobalData
The total addressable market size of the enterprise mobility in Australia, in terms of spending opportunity, is set to reach US$1.4bn in 2025 with enterprises proactively allowing employees to use mobile devices for remote work and investing in mobility solutions that can secure all the content and applications accessed beyond the corporate boundary walls, forecasts […]
Fixed voice to drag down Thailand fixed communications services revenue through 2026, forecasts GlobalData
The total fixed communications services revenue in Thailand is set to decline from US$5.0bn in 2021 to US$4.5bn in 2026 with the continued drop in fixed voice service revenue failing to offset the steady growth in fixed broadband service revenues, according to GlobalData, a leading data and analytics company An analysis of GlobalData’s Thailand Fixed […]
US firms’ crypto sentiments were higher than Chinese counterparts in Q3 2021, says GlobalData
US companies’ sentiments around cryptocurrencies overtook Chinese companies in Q2 2021, following the Mainland Government’s crackdown. While sentiments for both US and Chinese firms declined in Q3 2021 as companies were left reeling from the clampdown, US companies’ sentiments remained higher than their Chinese counterparts, according to GlobalData, a leading data and analytics company. Rinaldo […]
Thailand pay-TV services market revenue to reach US$1.1bn in 2026, forecasts GlobalData
Pay-TV service revenue in Thailand is expected to grow at a healthy compound annual growth rate (CAGR) of 8.5% from US$734m in 2021 to US$1.1bn in 2026, supported by growing direct-to-home (DTH), Cable TV and Internet-protocol-television (IPTV) subscriptions, according to GlobalData, a leading data and analytics company. GlobalData’s Thailand pay-TV Forecast Model indicates that both […]