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Data and content management revenue in the Asia-Pacific (APAC) region is expected to grow at a compound annual growth rate (CAGR) of 1.8% over the period 2019-2024, driven by the rise in enterprises’ need to organize, categorize and structure the content in a meaningful manner, says GlobalData, a leading data and analytics company. The growth […]
Smarter hearables to overcome COVID-19 slowdowns on path towards becoming $146bn industry, says GlobalData
While lockdowns in China in early 2020 damaged the number of shipments of hearables technology and delayed production, adoption of this technology by consumers has remained strong. This was driven by increased digital media consumption, the widespread shift to home-working and the popularity of virtual fitness coaching. As hearables manufacturers continue to add more artificial intelligence […]
Vietnam mobile data service revenue set to grow at 2.5% CAGR between 2020 and 2025, says GlobalData
Mobile data service revenue in Vietnam is expected to rise from US$1.3bn in 2020 to US$1.5bn in 2025, at a compound annual growth rate (CAGR) of 2.5%, driven by increase in smartphone penetration along with increase in the demand for mobile data usage, according to GlobalData, a leading data and analytics company. According to GlobalData’s […]
Cloud computing revenue in India to exceed US$16bn in 2024, says GlobalData
Rising adoption of emerging technologies like big data, Internet of Things (IoT), artificial intelligence (AI), augmented reality (AR) and virtual reality (VR), along with enterprises’ focus on cost reduction and operation scalability is expected to boost the cloud adoption in India. As a result, the overall spending on cloud computing in India is set to […]
Colocation services market in Asia-Pacific to reach US$9.7bn in 2024, forecasts GlobalData
Colocation services in the Asia-Pacific (APAC) region have witnessed significant growth with increased investment from global and local vendors that cater to the enterprise data center requirements. Amidst this backdrop, the colocation services market in the region is estimated to reach US$9.7bn in 2024, forecasts GlobalData, a leading data and analytics company. Sunil Kumar Verma, […]
Cloud and digital offerings come to rescue Indian IT vendors amid COVID-19, says GlobalData
Majority of the technology vendors continue to struggle with the impact of COVID-19 pandemic. Despite this, leading Indian IT vendors continue to shine through the crisis, driven by their cloud and digital transformation offerings, says GlobalData, a leading data and analytics company. Leading technology vendors continue to offer added offerings in the digital space to […]
Two key goals for Biden presidency: driving big tech regulation and ensuring US stays ahead of China in advanced technologies
Following the election of Joe Biden as US president-elect, David Bicknell, Principal Analyst, Thematic Research at GlobalData, offers his view on the implications of a change in US administration on the technology sector: “Tech regulation will be a key theme of a Joe Biden presidency. When he is inaugurated in January next year, Biden’s four-year term offers a unique opportunity to build on the broader political consensus that something needs to be done to rein in big tech – especially in areas such as antitrust and misinformation. “The presidential […]
Mubadala taking minority stake of G42 will help develop Arab region’s digital transition
Following the news that Abu Dhabi-based sovereign investment firm Mubadala will take a minority stake in Group42 (G42), the artificial intelligence (AI) and cloud computing company founded in the emirate in 2018; Jennifer Aguinaldo, Energy & Technology Editor at MEED, part of GlobalData, offers her view: “The integration of Mubadala-owned Injazat and Khazna into the rapidly expanding […]
Job postings show conscious effort to tackle misinformation and fake news amid US election
Companies such as Facebook, Alphabet (Google), Twitter and Amazon are actively advertising to hire personnel to tackle new-age cyber propaganda, including ‘fake news’, ‘election interference’, and ‘disinformation’, according to GlobalData, a leading data and analytics company. The firm’s Job Analytics platform highlights the addition of 150 such jobs posted between January and October 2020. Most of these were junior and mid-level positions related to optimizing existing products and services in providing accurate and relevant information. Ajay Thalluri, Business Fundamentals Analyst at GlobalData, […]
Microsoft and Salesforce are ranked leaders in fiercely competitive low-code space, says GlobalData
Microsoft and Salesforce have been ranked by GlobalData as leaders in the low-code market segment after causing a tectonic shift in this market with the automation capabilities within its Power Platform. The low-code market segment has become fiercely competitive, and Microsoft’s Power Automate is expected, in itself, to be highly competitive when coupled with Azure’s […]
US election outcome has numerous implications for tech industry
The outcome of the Presidential and Congressional elections in the US has serious repercussions for the technology industry that will reverberate not just in the US but globally, according to GlobalData, a leading data and analytics company. These repercussions run across multiple areas, including immigration policies governing highly skilled tech employees; potential regulations against Webscales like Facebook and Google; R&D funding priorities; and data privacy regulations. In addition, the election results could […]
Open RAN radio unit vendor landscape witnesses rapid growth
The number of equipment vendors offering radio units for mobile networks is growing rapidly, according to GlobalData, a leading data and analytics company, with at least 20 companies offering these products globally and more expected in 2021. New entrants have been lured to this market space – part of the radio access network (RAN) that […]
Pay-TV services revenue in Philippines to grow at 4.0% CAGR over next five years, forecasts GlobalData
Having been fairly resilient against the COVID-19 crisis in 2020, pay-TV services market in the Philippines will see its revenue increase from US$451.1m in 2020 to US$550.0m in 2025 at a compound annual growth rate (CAGR) of 4.0%, mainly driven by DTH and IPTV segments, according to GlobalData, a leading data and analytics company. GlobalData’s […]
T-Mobile’s TVision will not disrupt pay-TV market but will gain fans
Following the recent news that T-Mobile US will begin offering TVision to its postpaid wireless subscribers on November 1, Tammy Parker, Senior Analyst at GlobalData, a leading data and analytics company, offers her views on the new service: “The arrival of yet another streaming TV option in the US market is unwelcome news for cable […]
Philippines mobile service revenue to register 6.2% CAGR over 2020-2025, forecasts GlobalData
The total mobile services revenue in the Philippines is set to increase at a compound annual growth rate (CAGR) of 6.2% from US$3.7bn in 2020 to US$5.0bn in 2025, mainly led by the considerable growth in mobile broadband service revenues, according to GlobalData, a leading data and analytics company. GlobalData’s Philippines Telecom Operators Country Intelligence […]
Fixed broadband to drive fixed communication market growth over 2020-2025 in the Philippines, forecasts GlobalData
The fixed communications services market in the Philippines will remain fairly resilient against the COVID-19 crisis in 2020 and its revenue is poised increase at a compounded annual growth rate (CAGR) of 15.9% to reach US$6.0bn in 2025, mainly driven by the strong growth in fixed broadband segment, according to GlobalData, a leading data and […]
Businesses turn to cybersecurity and cloud computing to overcome COVID-19 challenges
According to a survey by GlobalData of more than 1,700 senior executives, Internet of Things (IoT), 5G, artificial intelligence (AI), augmented reality (AR), blockchain, automation, cybersecurity and cloud computing were identified as technologies that would play a critical role in keeping operations running during this period of unprecedented disruption. Of these, cybersecurity and cloud computing came out on top with a respective 52% and 48% of respondents saying these would play a […]
Quibi offered something no one wanted
Following the news that streaming service Quibi is shutting down; Tammy Parker, Senior Analyst at GlobalData, a leading data and analytics company, offers her view on the service’s missteps: “Quibi is the quintessential financial black hole, which is something founder Jeffrey Katzenberg and CEO Meg Whitman finally accepted. What is curious is how long it took for them to acknowledge […]
COVID-19 did not kill Quibi, but incompetence and overconfidence did
Following today’s news that Quibi is ceasing operations, here is some further commentary from GlobalData’s Thematic Research team: After just six months in operation, Quibi has announced that it is shutting down. Its executives have laid the blame at the door of COVID-19, but that is an obvious excuse. The company failed because of a limited product offering and […]
Apple’s iPhone 12 announcement will result in an aggressive holiday selling season
Following the news that Apple has introduced iPhones with 5G technology, Lynnette Luna, Principal Analyst at GlobalData, a leading data and analytics company, offers her view on Apple’s iPhone 12 announcement: “Carriers that have rolled out 5G have been waiting for this moment. As a result, we can expect a particularly aggressive holiday selling season […]