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The total addressable market size of enterprise security in Singapore, in terms of spending opportunity, is poised to reach about US$2.2bn in 2025, mainly led by the huge demand for managed security services, identity & access management and endpoint security platforms, says GlobalData, a leading data and analytics company. ‘GlobalData Market Opportunity Forecasts to 2025: […]
Enterprise networking spend in Singapore to increase at 6.6% CAGR over 2020-2025, forecasts GlobalData
Enterprise spending on networking infrastructure is expected to increase at a compounded annual growth rate (CAGR) of 6.6% between 2020 and 2025, driven by the IT modernization efforts to support the ongoing digital transformation initiatives, says GlobalData, a leading data and analytics company. Pragyan Tarasia, Senior Research Analyst at GlobalData, comments: “Given the importance of […]
Australia mobile service revenue to grow at 3.9% CAGR over 2021-2026, forecasts GlobalData
The overall mobile service revenue in Australia is expected to maintain a compound annual growth rate (CAGR) of 3.9% and reach US$11bn in 2026, supported by healthy growth in mobile data service revenue, according to GlobalData, a leading data and analytics company. An analysis of GlobalData’s Australia Mobile Broadband Forecast Model (Q2-2021) reveals that the […]
Enterprise spending on BPO services in India to increase at 5.8% CAGR over 2020-2025, forecasts GlobalData
The total addressable market size of business process outsourcing (BPO) services in India, in terms of spending opportunity, is set to grow at a compound annual growth rate (CAGR) of 5.8% between 2020 and 2025, driven by huge enterprise push for outsourcing knowledge-based and vertical-specific processes, says GlobalData, a leading data and analytics company. Pragyan […]
Enterprise spending on communications and collaboration in Singapore to increase at 6.6% CAGR over 2020-2025, forecasts GlobalData
The total addressable market size of communications and collaboration (C&C) infrastructure in Singapore, in terms of enterprise spending opportunity, is set to increase at a compound annual growth rate (CAGR) of 6.6% between 2020 and 2025, supported by growing demand for conferencing services, communication platforms, and enterprise social networking and collaboration tools across enterprises, says […]
Enterprise server spending in South Korea to increase at 5% CAGR over 2020-2025, forecasts GlobalData
The total addressable market size of servers in South Korea, in terms of enterprise spending opportunity, is poised to grow at a compound annual growth rate (CAGR) of 5% between 2020 and 2025, driven by the acceleration in digital transformation initiatives among enterprises in the country, and the subsequent rise in their demand for high […]
Enterprise storage spending in China to reach US$15.7bn in 2025, forecasts GlobalData
The total addressable market size of enterprise storage in China, in terms of spending opportunity, is poised to reach US$15.7bn in 2025, driven by the growing demand for secured, enhanced and faster storage solutions among the enterprises shifting towards digital infrastructure, says GlobalData, a leading data and analytics company. GlobalData Market Opportunity Forecasts to 2025: […]
Enterprise security spending in South Korea to reach US$2bn in 2025, forecasts GlobalData
The total addressable market size of enterprise security in South Korea, in terms of spending opportunity, is poised to reach US$2bn in 2025 as the need to secure vital information assets against security breaches becomes crucial for enterprises shifting towards digital infrastructure, says GlobalData, a leading data and analytics company. According to GlobalData Market Opportunity […]
AME telecom operators to add 7.58 million 5G subscribers in 2021 due to expanding coverage of 5G networks, says GlobalData
The total number of 5G subscribers in Africa and the Middle East (AME) will reach 10.4 million by 2021, with the majority of 5G networks being in the Gulf Cooperation Council (GCC) countries, Israel, and South Africa, says GlobalData. According to the leading data and analytics company, 7.58 million 5G subscribers will be added in 2021, […]
Enterprise server spending in Australia to increase at 6.3% CAGR over 2020-2025, forecasts GlobalData
The total addressable market size of enterprise servers in Australia, in terms of spending opportunity, is poised grow at a compound annual growth rate (CAGR) of 6.3% to reach US$1.3bn in 2025, led by the ongoing enterprise digital transformation initiatives and IT modernization efforts, says GlobalData, a leading data and analytics company. GlobalData’s latest report, […]
Philippines mobile services revenues to grow at 5.6% CAGR over 2021-2026, forecasts GlobalData
The total mobile services revenue in the Philippines is set to increase at a compounded annual growth rate (CAGR) of 5.6% from US$4.1bn in 2021 to US$5.4bn in 2026, mainly due to the rising adoption of mobile data services, according to GlobalData, a leading data and analytics company. According to Global Data’s Philippines Mobile Broadband […]
Fixed communications service revenue in Philippines to grow at 5% CAGR over 2021-2026, forecasts GlobalData
The total fixed communications service revenue in the Philippines is expected to increase at a compounded annual growth rate (CAGR) of 5.0% from US$3.6bn in 2021 to US$4.7bn in 2026, mainly driven by the strong growth in fixed broadband segment according to GlobalData, a leading data and analytics company. An analysis of GlobalData’s Philippines Fixed […]
US indirect channel for enterprise services a vital and vibrant market, says GloalData
The US indirect channel market is a cost-effective route for maximizing market penetration, according to leading data and analytics company GlobalData, which notes it is ever growing in complexity. Robert Pritchard, Senior Analyst at GlobalData, comments: “Often seen as the poor relation of direct sales in the communications market, third-party channels to market are alive […]
Malaysia’s SVOD household penetration to reach 27% in 2025, says GlobalData
The household penetration of subscription video on demand (SVOD) services in Malaysia is expected to increase from 12% in 2020 to about 27% in 2025, driven by considerable rise in the adoption of over-the-top (OTT) video service platforms, according to GlobalData, a leading data and analytics company. GlobalData’s Malaysia Subscription Video on Demand (SVOD) Forecast […]
US start-ups raked in US$219.3bn VC funding during first eight months of 2021
US-based startups raised the highest venture capital (VC) funding during January-August 2021 globally. A total of 8,832 VC funding deals were announced in the US during January-August 2021, while the disclosed funding value of these deals stood at US$219.3bn, according to GlobalData, a leading data and analytics company. VC funding activity in 2021 so far […]
Play’s acquisition of UPC Poland will strengthen its convergence strategy, says GlobalData
Following the news that iliad Group’s Polish telecom operator, Play, will acquire Liberty Global’s UPC Poland telco for PLN7.0bn ($1.8bn); Madison Galati, Telecoms Market Data & Intelligence Analyst at GlobalData, a leading data and analytics company, offers her view: “The acquisition of UPC Poland will strengthen Play’s standing in the fixed broadband segment, allowing Play to […]
India’s SVOD services market revenue to reach US$1.9bn in 2025, forecasts GlobalData
The subscription video on demand (SVOD) service revenue in India is expected to grow at a robust compounded annual growth rate (CAGR) of 15.9% from US$0.9bn in 2020 to US$1.9bn in 2025 in line with increasing demand for various over-the-top (OTT) video service platforms in the country, according to GlobalData, a leading data and analytics […]
Observability market to consolidate into automation solutions in 2022, says GlobalData
Accelerated digitalization is steering operations teams towards new observability stacks to oversee an increasingly diverse and distributed IT portfolio, according to GlobalData. The leading data and analytics company notes that companies are overwhelmed with the move from monolithic apps to microservices where various service components within a single app must be secured and managed. According […]
The robotics industry will pass the $500bn mark in 2030
Robots have not taken over the world yet, but there will definitely be a lot more of them by the end of the decade. GlobalData, a leading data and analytics company, forecasts that the robotics industry will pass the $500bn mark in 2030, after a decade of growing at double-digit rates. That is an impressive […]
High-speed data allotments and data-only plans will continue dominating prepaid wireless trends, says GlobalData
The COVID-19 pandemic and ongoing societal changes have altered the competitive landscape for US prepaid wireless carriers, making high-speed data allotments a key theme and this trend is expected to continue with year-end holiday shopping, says GlobalData, a leading data and analytics company. Jamie Huff, Pricing Lead at GlobalData, comments: “Larger high-speed data allotments continue […]