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Australia will witness the fastest compound annual growth rate (CAGR) of 15.4% in terms of mobile service revenues in the Asia-Pacific (APAC) region between 2020 and 2025, according to GlobalData, a leading data and analytics company. An analysis of GlobalData’s Asia-Pacific Mobile Communication Forecast Model reveals that as 5G service adoption starts growing in Australia […]
Deal activity in AI space showcased growth during 2016-2020 despite fluctuating Y-o-Y trend, says GlobalData
Venture capital (VC) funding and mergers and acquisitions (M&A) activity in the artificial intelligence (AI) space showcased a fluctuating trend during 2016-2020. However, despite the fluctuation in deal activity, there is a significant growth in 2020’s deal volume and value compared with 2016, according to GlobalData, a leading and data analytics company. VC funding deal […]
Australia pay-TV market revenue to decline at 2.6% CAGR over next five years, forecasts GlobalData
The total pay-TV services revenue in Australia is set to decline at a compound annual growth rate (CAGR) of 2.6% from US$2.4bn in 2020 to US$2.1bn in 2025 due to continued drop in Cable TV and DTH subscriptions and revenue, reveals GlobalData, a leading data and analytics company. According to GlobalData’s Australia Pay-TV Forecast Model, […]
Australia’s mobile services market to grow at 15.4% CAGR over 2020-2025, forecasts GlobalData
Following a decline in 2020 due to the COVID-19 pandemic, mobile services revenue in Australia is expected to maintain a compound annual growth rate (CAGR) of 15.4% and reach US$14.9bn in 2025, supported by strong growth in mobile data service revenue, according to GlobalData, a leading data and analytics company. An analysis of GlobalData’s Australia […]
Fiber segment to drive Australia’s fixed broadband service revenue over next five years, forecasts GlobalData
The total fixed communications services revenue in Australia is expected to increase at a sluggish compound annual growth rate (CAGR) of 0.7% from US$9.9bn in 2020 to US$10.2bn in 2025, supported by the growth in fixed broadband segment, according to GlobalData, a leading data and analytics company. An analysis of GlobalData’s Australia Fixed Communication Model […]
Asia-Pacific pay-TV services market revenue to see US$809m erosion over next five years, forecasts GlobalData
Pay-TV service revenue in Asia-Pacific is set to drop from US$61.6bn in 2020 to US$60.8bn in 2025 due to slowdown in pay-TV household penetration, continued decline in Cable TV subscriptions and fall in average spend per pay-TV account in the region, according to GlobalData, a leading data and analytics company. An analysis of GlobalData’s Asia-Pacific […]
AT&T’s sale of 30% stake in pay-TV unit portends more market shifts, says GlobalData
Following yesterday’s (25 February) news that AT&T has agreed to sell a 30% stake in its pay-TV unit to private-equity firm TPG Capital for US$1.8bn in cash, with the two companies establishing a new company named DIRECTV; Tammy Parker, Senior Analyst at GlobalData, a leading data and analytics company, offers her view: “AT&T’s tremendous debt […]
Telco banking offers build on brand identity and rides wave of digitalization, says GlobalData
Telcos are the new banks, as telecom service providers in Europe and the US continue venturing into the financial sector. Though mature telco banking endeavors are rare, some operators have identified banking as an opportune avenue for diversification, with differing methods and modes of approach, says GlobalData, a leading data and analytics company. According to […]
Emerging countries to support overall fixed communications market growth in APAC over 2020-2025, says GlobalData
Fixed communications service revenue in Asia-Pacific (APAC) is set to increase at a compound annual growth rate (CAGR) of 1.6% to reach US$209.4bn in 2025, supported by the growing fixed broadband service adoption, particularly in the emerging markets of the region, according to GlobalData, a leading data and analytics company. An analysis of GlobalData’s APAC […]
Mobile services market in Bangladesh to grow at 2.2% CAGR over 2020-2025, forecasts GlobalData
Bangladesh mobile service revenue is poised to grow from US$2.9bn in 2020 to US$3.2bn in 2025 at a compounded annual growth rate (CAGR) of 2.2%, mainly supported by the rising adoption of mobile data services, according to GlobalData, a leading data and analytics company. According to GlobalData’s Bangladesh Mobile Broadband Forecast Pack, mobile voice revenue […]
Mandatory bargaining code does little benefit for Australians, says GlobalData
In response to the Australian Parliament’s Treasury Laws Amendment (News Media and Digital Platforms Mandatory Bargaining Code) Bill, which went into effect on 17 February 2021, Facebook has decided to pull all content and links from designated Australian news sources from its platforms. Against this backdrop, Australia is relatively a small market for big companies […]
Cloud gaming to fundamentally disrupt the distribution, consumption and monetization of games, says GlobalData
Even though cloud gaming only represented 1% of video games industry revenue in 2020, the technology is expected to fundamentally change the space over the next ten years growing at a compound annual growth rate of 40% to 2030. In a recent GlobalData webinar, ‘Cloud Gaming: Fundamentally Changing the Video Games Industry’, Associate Project Manager […]
The 5G iPhone 12 supercycle will continue in 2021, says GlobalData
Apple’s 5G iPhone 12 has been a huge success across the globe, especially in China, which saw the biggest boom in demand during Q4 2020. The 5G iPhone’s supercycle will continue well into 2021 across regions, says GlobalData, a leading data and analytics company. Anisha Bhatia, Senior Analyst at GlobalData, comments: “China is a mature […]
Enterprise cloud spending in Philippines to reach US$2.6bn in 2024, says GlobalData
Digital transformation, increased cloud usage, edge computing and growing international connectivity offer opportunity for Philippine vendors to work with hyperscale providers to grow cloud revenues in the country. Against this backdrop, the enterprise spending on cloud services will grow from US$1.8bn in 2020 to US$2.6bn in 2024, says GlobalData, a leading data and analytics company. […]
Institutional adoption of bitcoin may prop up its price and see currency used as digital gold, says GlobalData
Following moves by firms such as Tesla, Visa and Mastercard to incorporate bitcoin into their payments infrastructure, institutional banks appear to be getting in on the bitcoin act, according GlobalData, a leading data and analytics company. This marks the beginning of a new era for bitcoin – a distinct shift away from a cryptocurrency driven […]
Fixed broadband to drive China’s fixed communication services revenue at 2.5% CAGR during 2020-2025, forecasts GlobalData
The total fixed communications services revenue in China is expected to increase at a compounded annual growth rate (CAGR) of 2.5% from US$95.2bn in 2020 to US$107.5bn in 2025, supported by the growth in fixed broadband segment, according to GlobalData, a leading data and analytics company. An analysis of GlobalData’s China Fixed Communication Model indicates […]
5G investments to boost China’s mobile services market over 2020-2025, reveals GlobalData
Following an year-on-year decline of 1.9% in 2020 due to the impact of COVID-19 disruptions, the total mobile services revenue in China is poised to grow at a compound annual growth rate (CAGR) of 7.6% from US$124.8bn in 2020 to US$180.0bn in 2025, supported by anticipated growth in the adoption of higher average revenue per […]
Competition from pure play OTT players to drive down China’s pay-TV market revenue over next five years, forecasts GlobalData
Intense competition from pure play over-the-top (OTT) video streaming services such as iQiyii and steady drop in the overall pay-TV average revenue per user (ARPU) are set to bring down the overall pay-TV services revenue in China from US$32.9bn in 2020 to US$31.9bn in 2025, according to GlobalData, a leading data and analytics company. An […]
Electronic Arts’ acquisition of Glu Mobile highlights importance of mobile gaming, says GlobalData
Following the news that Electronic Art (EA) has acquired Glu Mobile; Rupantar Guha, Associate Project Manager for Thematic Research at GlobalData, a leading data and analytics company, offers his view: “EA’s acquisition of Glu Mobile is further proof of the growing importance of mobile gaming to leading game publishers. In fact, mobile gaming is the […]
Cloud gaming will fundamentally change the video games industry, says GlobalData
Cloud gaming will fundamentally change the video games industry over the next ten years, according to data and analytics company GlobalData, bidding farewell to traditional disk-based PC and console games and hefty downloads in the process. Just as video and audio streaming has reshaped the music, film and TV markets, cloud gaming is expected to […]