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Despite the anticipated decline of 5.6% in total value in 2020, the enterprise mobility market in Singapore will maintain a compounded annual growth rate (CAGR) of 8.2% over the 2019-2024 period, driven by the rising adoption of remote working and bring-your-own-device (BYOD) strategies across enterprises, says GlobalData, a leading data and analytics company. The uncertainty […]
Communication and collaboration software market in China registers 15.2% growth in 2020 amidst COVID-19, reveals GlobalData
While the overall enterprise ICT market value in China declined in 2020 due to the COVID-19 crisis, the communications and collaboration software market bucked the trend and registered year-on-year growth of 15.2%, reveals GlobalData, a leading data and analytics company. According to GlobalData, the communications and collaboration software market size in the country increased from […]
Falling IPTV subscriptions to affect pay-TV services revenue in Singapore over next five years, forecasts GlobalData
The total pay-TV service revenues in Singapore will decline by a compound annual growth rate (CAGR) of 1.4% during 2020-2025 due to falling Internet Protocol television (IPTV) subscriptions, according to GlobalData, a leading data and analytics company. GlobalData’s Singapore Telecom Operators Country Intelligence Report reveals IPTV subscriptions in the country will decline at a CAGR […]
South Korea’s pay-TV services market to reach US$7.2bn in 2025, forecasts GlobalData
Pay-TV services market in South Korea is expected to reach US$7.2bn in 2025, mainly driven by the subscription growth in Internet Protocol television (IPTV) service and growth in overall pay-TV average revenue per user (ARPU). The market is forecast to grow at a compounded annual growth rate (CAGR) of 2.5% between 2020 and 2025, according […]
Singapore’s mobile services revenue to nosedive by 18% in 2020, forecasts GlobalData
Continuing its downward trend from the last three years, Singapore’s mobile services revenue is expected to decline by 18% in 2020 due to the adverse impact of COVID-19 pandemic on the mobile subscription growth and partly due to the competition induced decline in mobile tariffs, according to GlobalData, a leading data and analytics company. GlobalData’s […]
South Korea mobile service revenue to register 4.2% CAGR over 2020-2025, forecasts GlobalData
Following a 1.4% decline in 2020 primarily due to the impact of the COVID-19 pandemic, the total mobile services revenue in South Korea will recover in 2021 and reach US$25.2bn in 2025. It is set to grow at a compound annual growth rate (CAGR) of 4.2% between 2020-2025, driven by the steady growth in both […]
Fixed voice to pulldown fixed services revenue in Singapore over next five years, forecasts GlobalData
The total fixed communications services revenue in Singapore is set to decline at a compounded annual growth rate (CAGR) of 1.0% during 2020-2025 to reach US$1.4bn in 2025, primarily due to steady drop in revenue contribution from fixed voice services segment, according to GlobalData, a leading data and analytics company. GlobalData’s Singapore Telecom Operators Country […]
Fixed broadband to drive fixed communication market growth in South Korea over next five years, forecasts GlobalData
The fixed communications services market in South Korea is expected to reach US$6.2bn in 2025, recording a compounded annual growth rate (CAGR) of 1.2% between 2020 and 2025, mainly driven by growth in fixed broadband segment, according to GlobalData, a leading data and analytics company. GlobalData’s South Korea Telecom Operators Country Intelligence Report forecasts that […]
‘Supply’ and ‘shortage’ discussions up 180% in Sony and Microsoft’s filings
Microsoft and Sony have certainly taken note of the console shortage issue for the PlayStation 5 (PS5) and Xbox Series X, with mentions of ‘supply’ and ‘shortage’ grown by over 180% in both console manufacturers’ 2020* filings, which GlobalData, a leading data and analytics company, notes is a staggering change. Rinaldo Pereira, Senior Business Fundamentals Analyst at GlobalData, says: “Mentions of ‘supply’ and ‘shortage’ grew from 72 in 2019 to 203 in 2020. The sudden rise in discussions show […]
Era of software-defined everything is apparent as value within data centers shifts from hardware to software
* Traditional data center architecture has failed to keep up with the data revolution. * Underlying hardware is becoming less relevant, as the focus shifts to a virtualized software layer. This software allows for centralized control and reduces human intervention. As data pervades all aspects of our lives, we are moving into an era that can only be described as software-defined everything (SDE), where the value within data networks shifts decisively from hardware to software. Traditional data center architecture has failed to keep up with the data revolution, and SDE will overcome the problems, according to GlobalData, a leading data and analytics company. Swati Verma, Associate Project […]
Roku’s hiring rallies for strong business performance, finds GlobalData
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 […]