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With a significant increase in active accounts, streaming hours and higher advertising revenues, connected TV company Roku’s strong business performance has also triggered a jump in hiring activity. The company has seen a rapid rise in hiring with around 600 jobs posted since February 2020, according to the Jobs Analytics database by leading data and […]
Companies need to begin digital transformation now to survive in the new world
Amid the slow recovery of COVID-19, it may be tempting for companies to stick with what is comfortable and delay ambitious digital transformation projects until more stable times. However, leading data and analytics company GlobalData notes that this would be a mistake. History shows that companies that tech-enable their businesses during a recession tend to […]
5G to drive Thailand mobile communications market during 2020-2025, forecasts GlobalData
5G mobile subscriptions are expected to drive the mobile communications market in Thailand by 2025, fuelled by growing demand for high-speed data transmission and low latency network. The demand for digital solutions in sectors such as healthcare, education, retail and tourism will drive the development of 5G in Thailand augmented by new normal after COVID-19, […]
5G to drive China mobile communication services revenue at 3.7% CAGR during 2020-2025, forecasts GlobalData
The total mobile services revenue in China is set to increase from US$119.1bn in 2020 to US$142.8bn in 2025, at a compounded annual growth rate (CAGR) of 3.7%, supported by 5G infrastructure, increase in mobile data consumption and rising data average revenue per user (ARPU), according to GlobalData, a leading data and analytics company. GlobalData’s China […]
Fiber segment to drive Vietnam’s fixed broadband service revenue over next five years, forecasts GlobalData
Vietnam’s fixed broadband service revenue is expected to rise from US$1.36bn in 2020 to US$1.48bn in 2025, at a compound annual growth rate (CAGR) of 1.8%, driven by increase in fiber optics connections across residential and business segments, according to GlobalData, a leading data and analytics company. According to GlobalData’s Vietnam Fixed Communications Forecast Pack, […]
Pay-TV services revenue in New Zealand to decline at 3.1% CAGR over next five years, forecasts GlobalData
Despite the steady growth in overall subscriptions, the total pay-TV services revenue in New Zealand will decline by a compound annual growth rate (CAGR) of 3.1% between 2020 and 2025, according to GlobalData, a leading data and analytics company. GlobalData’s New Zealand Telecom Operators Country Intelligence Report reveals that the overall pay-TV service revenue will […]
New Zealand mobile service revenue to register 5.5% CAGR over 2020-2025, forecasts GlobalData
Following a decline in 2020 primarily due to the impact of the COVID-19 crisis, mobile services revenue in New Zealand is expected to recover next year. It is set to grow at a compound annual growth rate (CAGR) of 5.5% between 2020-2025 and reach US$1.8bn supported by growth in both mobile data as well as […]
Fixed broadband to drive overall fixed services revenues growth in New Zealand over 2020-2025, forecasts GlobalData
Following a marginal decline in 2020 due the COVID-19 outbreak, the total fixed communications services revenue in New Zealand is expected to increase at a compounded annual growth rate (CAGR) of 3.8% during 2020-2025, to reach US$1.3bn in 2025, primarily driven by the growth in fixed broadband segment, according to GlobalData, a leading data and […]
Consulting services revenue in Asia-Pacific to surpass US$106bn in 2024, forecasts GlobalData
Enterprises in the Asia-Pacific (APAC) region continue to leverage IT consulting for better understanding, analysis, management, implementation and deployment of technologies for agile business strategy. Against this backdrop, consulting services market in the region is set to grow at a compound annual growth rate (CAGR) of 2.8% between 2019 and 2024 to reach US$106.4bn in […]
Impatient regulators will hold Big Tech responsible for misinformation
Big Tech stands accused of distorting the information we consume in ways that are bad for us both individually and collectively. Online platforms have begun to self-regulate, but these attempts will not appease regulators and Big Tech will increasingly be held responsible for what they publish, says GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Misinformation – Thematic Research’, states that misinformation is not a new phenomenon, but the technology behind it […]
T-Mobile’s shuttering of TVision home is a crucial step toward 5G bundle competition
Following recent news that T-Mobile US will shutter its TVision Home IPTV service on December 30, 2020; Tammy Parker, Senior Analyst at GlobalData, a leading data and analytics company, offers her view: “T-Mobile’s move to shut down its TVision Home IPTV service, following the launch of its similarly named TVision internet-based streaming TV service, is necessary to eliminate market confusion and smooth the way for T-Mobile’s planned double- and triple-play bundles of services. “Though TVision Home gave T-Mobile an entry into the pay-TV market, […]
FAANG’s anti-trust woes continue as sentiment growth slows
FAANG’s sentiment growth slowed in Q3 2020 compared to Q2 2020 as anti-competitive lawsuits continue to be a thorn in the side for big tech companies, says GlobalData, a leading data and analytics company. GlobalData’s Filing Analytics tool identified that mentions of anti-trust and related keywords grew by over 100% in Q1-Q3 2020 for all company filings compared to the same period last year. […]
Messaging security services revenue in APAC will reach US$1.5bn in 2024, says GlobalData
Increasing expenditure by the emerging economies on security infrastructure is expected to boost the messaging security market in the Asia-Pacific (APAC) region to US$1.5bn in 2024, says GlobalData, a leading data and analytics company. An analysis of GlobalData’s Market Opportunity Forecast Model reveals that messaging security revenue is estimated to witness a compound annual growth […]
Security offerings revenue in India will reach US$4bn in 2024, forecasts GlobalData
The ongoing impact of COVID-19 pandemic, which has disrupted the traditional business operation landscape, has forced the enterprises to adopt a proactive rather than a reactive approach to address the potential security threats. As a result, security offerings’ revenue in India is estimated to grow at a compound annual growth rate (CAGR) of 3% during […]
Smart glasses adoption by APAC enterprises to grow amidst COVID-19 pandemic, says GlobalData
Smart glasses shipments are likely to have a muted adoption in 2020, owing to the COVID-19 pandemic. However, the enterprises in the Asia-Pacific (APAC) region are more likely to adopt smart glasses in their production lines and warehouse logistics for remote assistance to continue the operations by maintaining social distancing, says GlobalData, a leading data […]
Network security revenue in APAC will reach US$1.4bn in 2024, says GlobalData
The rising threat of data breaches among enterprises has raised the issue of securing enterprise networks. As a result, the network security revenue in the Asia-Pacific (APAC) region is estimated to reach US$1.4bn in 2024, says GlobalData, a leading data and analytics company. The overall network security spending in the region is expected to grow […]
European Telcos stop the lockdown freebies and focus on driving customers to digital services and channels, says GlobalData
The first round of COVID-19 lockdowns in Europe saw an immediate, high-profile and fairly universal response from European telcos announcing free consumer service benefits ranging from additional mobile data boosters to bonus family entertainment content. However, the second wave has, so far, seen very little such activity – with telcos instead encouraging customers to self-service […]
Network access control revenue in APAC will reach US$709m in 2024, says GlobalData
Rising adoption of new network architectures such as private, public and hybrid clouds by enterprises to improve agility and business outcomes has boosted the need to secure these structures. As a result, the network access control revenue in the Asia-Pacific (APAC) region is estimated to reach US$709m in 2024, says GlobalData, a leading data and […]
Governments across APAC rely on smart city technologies to fight COVID-19, says GlobalData
Countries across the Asia-Pacific (APAC) region are implementing smart city technologies such as smart surveillance along with data hub system for advanced contact tracing of COVID-19 infected citizens, says GlobalData, a leading data and analytics company. Manish Chaurasiya, Senior Technology Analyst at GlobalData, comments: “Though the spread of COVID-19 has hindered the roll-out of large-scale […]
Safety and social distancing norms will drive smart clothing adoption in APAC, says GlobalData
Social distancing has become crucial in preventing the spread of contagious illnesses. Against this backdrop, advanced smart COVID-19 features such as social distancing sensors, sanitization pockets, anti-viral finish, thermometer and an in-built mask are bound to drive smart clothing adoption across the Asia-Pacific (APAC) region over the next two years, says GlobalData, a leading data […]