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Following the news that Microsoft has led an initiative to take down a ransomware threat from Trickbot malware ahead of the forthcoming US elections, David Bicknell, Principal analyst in Technology Thematic Research at GlobalData, a leading data and analytics company, offers his view on the development: “Microsoft’s move to take down the Trickbot botnet is welcome, but it is just a skirmish in the continual battle against cyber threats. “The fact that Microsoft and other organizations decided to take coordinated action to shut down Trickbot now, four years after it was first spotted, highlights widespread fears that a ransomware attack […]
Mobile data to drive mobile services revenue in Asia-Pacific at 4.9% CAGR through 2025, forecasts GlobalData
The total mobile services revenue in the Asia-Pacific (APAC) region will increase from US$307.4bn in 2020 to US$390.9bn in 2025 at a compounded annual growth rate (CAGR) of 4.9%, supported by steady growth in mobile subscriptions and increase in aggregate mobile services average revenue per user (ARPU), according to GlobalData, a leading data and analytics […]
Salesforce is adapting to new digital environment amid COVID-19 pandemic
Technology-based companies are cutting costs and investing in growth areas in line with the new digital normal, and, as per this industry trend, hiring remained conservative for Salesforce between May and July. However, the company has had an upward trend in job postings since mid-August, indicating a revival of recruitment, according to GlobalData, a leading […]
India’s enterprise networking market to grow at 5.2% CAGR over next five years, says GlobalData
Following a temporary decline in 2020, the enterprise networking market in India will recover in 2021 and post a compound annual growth rate (CAGR) of 5.2% in its market value between 2019 and 2024, says GlobalData, a leading data and analytics company. GlobalData forecasts the enterprise networking market in India to drop from US$8.42bn in […]
Despite temporary decline, Japan’s enterprise servers market to stage quick recovery in 2021, forecasts GlobalData
Following a temporary decline in 2020, the enterprise servers market in Japan will stage a quick recovery in 2021 and maintain a steady compound annual growth rate (CAGR) of 2.3% in its market value between 2019 and 2024, says GlobalData, a leading data and analytics company. GlobalData forecasts the enterprise servers market in Japan to […]
Government investment to aid post-COVID-19 recovery of ICT market in Singapore, says GlobalData
In an attempt to revive the COVID-19 hit economy by creating new business and employment opportunities, Singapore has pledged to continue investing in innovation and technology. The move will help revive the growth of the information and communications technology (ICT) market in 2021 following a brief slowdown in 2020, says GlobalData, a leading data and […]
Government investment to aid post-COVID-19 recovery of ICT market in Singapore
In an attempt to revive the COVID-19 hit economy by creating new business and employment opportunities, Singapore has pledged to continue investing in innovation and technology. The move will help revive the growth of the information and communications technology (ICT) market in 2021 following a brief slowdown in 2020, says GlobalData, a leading data and analytics company. GlobalData forecasts the enterprise ICT market value in Singapore to grow by 3% in 2021, following a 6% decline in 2020 as a result of the COVID-19 crisis and […]
BPO market in India to decline by 9% in 2020 due to COVID-19 disruptions, says GlobalData
The Indian business process outsourcing (BPO) market will witness 9% decline in value this year due to disruptions caused by COVID-19 related restrictions and the challenges faced by service providers in moving their operations to work-from-home environment, says GlobalData, a leading data and analytics company. GlobalData forecasts BPO services market size in India to drop […]
Slack’s sentiments tumble in Q2 2020 despite growth in metrics
Slack Technologies (Slack) witnessed sentiments decline by 12% in Q2 2020 (quarter ended in July 2020) compared to Q1 2020. The dip was primarily driven by a weaker-than-expected financial performance, says GlobalData, a leading data and analytics company. Sentiment scores for Slack hit a 12-month low after its latest earnings release. In Q2 2020, the […]
Managed mobility services market in Asia-Pacific to reach US$3.8bn in 2024, forecasts GlobalData
The need to access applications amidst the growing complexity of the connected devices’ ecosystem for improved business outcome in the current COVID-19 situation is expected to drive the managed mobility services market in the Asia-Pacific (APAC) region to US$3.8bn in 2024, says GlobalData, a leading data and analytics company. Sunil Kumar Verma, Lead ICT Analyst […]
Switch to OTT platforms to negatively affect pay-TV service revenues in Hong Kong in 2020, says GlobalData
Shift in viewership from traditional pay-TV services to OTT-based video streaming platforms seen during the COVID-19 led lockdown period will negatively impact pay-TV service revenues in Hong Kong during 2020, according to GlobalData, a leading data and analytics company. GlobalData’s Hong Kong Telecom Operators Country Intelligence Report reveals that the total pay-TV services revenue in […]
Hong Kong’s fixed services market revenue to decline by 1.7% CAGR over 2020-2025, forecasts GlobalData
The fixed communication services market revenue in Hong Kong will decline at a compound annual growth rate (CAGR) of 1.7% from US$1.9bn in 2020 to US$1.7bn in 2025, due to a steady decline in revenues from fixed voice and fixed broadband services, according to GlobalData, a leading data and analytics company. GlobalData’s Hong Kong Telecom […]
M2M/IoT and mobile Internet to drive highly saturated mobile market growth in Hong Kong, forecasts GlobalData
The highly saturated mobile services market in Hong Kong will see a further rise in mobile subscription penetration from 243.2% in 2020 to 267.1% by 2025-end, led by growing penetration of machine-to-machine (M2M)/Internet of things (IoT) services and rising mobile Internet subscriptions on the back of 5G network expansion, according to GlobalData, a leading data and […]
Growing security risks to drive APAC managed security services revenue to US$17bn in 2024, forecasts GlobalData
Growing security risks and incidents of ransomware have been forcing enterprises across the Asia-Pacific (APAC) region to search for trusted and competent security services providers. Against this backdrop, managed security services (MSS) revenue in the region is estimated to reach US$17bn in 2024, according to GlobalData, a leading data and analytics company. Rohit Sharma, Senior […]
Infrastructure as a service revenue in Asia-Pacific to grow at 11.2% during 2019-2024, forecasts GlobalData
The Asia-Pacific (APAC) region continues to be a vibrant market for infrastructure as a service (IaaS) space, owing to the growing demand for the cloud infrastructure services among enterprises. As a result, the overall IaaS revenue in the APAC region is estimated to grow at a compound annual growth rate (CAGR) of 11.2% during 2019-2024 […]
Fixed broadband to drive fixed communication market growth over 2020-2025 in India, forecasts GlobalData
The total fixed communication services market in India will remain fairly resilient during the COVID-19 crisis in 2020 and the segment’s revenues are poised to grow at a compounded annual growth rate (CAGR) of 4.6% from US$6.1bn in 2020 to US$7.7bn in 2025, driven by growth in fixed broadband services segment, according to GlobalData, a […]
India’s pay-TV market to grow at sluggish 0.7% CAGR over 2020-2025 due to user substitution to OTT platforms, forecasts GlobalData
The total pay-TV services revenue in India is expected to grow at a lethargic compound annual growth rate (CAGR) of 0.7% from US$3.19bn in 2020 to US$3.30bn in 2025 due to growing user substitution to OTT platforms, according to GlobalData, a leading data and analytics company. GlobalData’s India Telecom Operators Country Intelligence Report reveals that […]
India’s mobile subscription penetration to cross 100% in 2023 driven by growing smartphone adoption, forecasts GlobalData
Mobile subscription penetration in India is set to cross 100% mark in 2023 from 88.3% in 2020, driven by growing smartphone adoption and increasing coverage of 4G- long-term evolution (LTE) services across remote areas, according to GlobalData, a leading data and analytics company. GlobalData’s India Telecom Operators Country Intelligence Report reveals that the impact of […]
Poland will prove Iliad’s most challenging acquisition market to date
Following the news that Iliad has made a $4.2bn bid for Play; Emma Mohr-McClune, Global Consumer Platforms, Services and Devices Analyst at GlobalData, offers her view on the acquisition: “On the face of it, a tie-up between Iliad and Play appears to present the perfect meeting of minds. Both are disruptive price aggressors with a […]
Microsoft’s acquisition of Zenimax is another step towards its domination of the games console market, says GlobalData
Following the news that Microsoft has acquired Zenimax for $7.5bn; Rupantar Guha, Associate Project Manager for Thematic Research at GlobalData, a leading data and analytics company, offers his view: “Microsoft’s $7.5bn Zenimax acquisition demonstrates how the company wants to dominate the games console market, which will be worth $60bn by 2025, according to GlobalData forecasts. […]