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GlobalData
GlobalData

Technology

China will dominate APAC cloud computing market revenue over next five years, forecasts GlobalData

China will continue to dominate the Asia-Pacific (APAC) cloud computing market during the period 2019-2024 with one-third revenue market share, says GlobalData, a leading data and analytics company. According to GlobalData’s Market Opportunity Forecasts Model, the cloud computing market revenue in China is estimated to grow at a compound annual growth rate (CAGR) of 7.2% […]
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FinTechs to provide significant boost to cloud computing revenue in Asia-Pacific, says GlobalData

Enterprises in the banking, financial services and insurance (BFSI) sector are increasingly adopting cloud-based solutions to minimize risk, maximize output and offer innovative service delivery methodologies to customers. As a result, the cloud computing market in Asia-Pacific is estimated to grow at a compound annual growth rate (CAGR) of 7.7% to reach US$191.8bn in 2024, […]
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Application management revenue in Asia-Pacific to reach US$21.5bn in 2024, says GlobalData

An increasing number of enterprises are adopting innovative strategies such as digital sales, marketing and services tools to have a differential competitive advantage. These efforts are expected to result in the increased demand for services related to enterprise applications. Against this backdrop, application management revenue across Asia-Pacific (APAC) is estimated to reach US$21.5bn in 2024, […]
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Operational efficiency and cost reduction key to robotic process automation adoption by enterprises across APAC, says GlobalData

Enterprises globally are striving to identify and adopt processes to accelerate operational productivity, reduce operating expenses and enhance efficiency with an end-objective of becoming human-independent. Performing repetitive tasks with minimal human interference and high efficacy rates will be the prime factors for the adoption of robotic process automation (RPA) amongst enterprises across the Asia-Pacific (APAC) […]
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Rapid growth and mid-band 5G auction results reinforce cable MVNOs’ growing challenge, says GlobalData

US cable companies operating as mobile virtual network operators (MVNOs) are proving their competitive spirit, scoring more than one million wireless retail customer net additions during the first half of 2020 – 25% more than the postpaid phone net additions reported by the three nationwide wireless operators, says GlobalData, a leading data and analytics company. […]
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Zoom’s sentiments rebound on historic gains, says GlobalData

Zoom’s sentiments have rebounded in Q2, driven by its skyrocketing revenue growth after facing declines due to privacy concerns. The company’s coherent strategies on end-to-end (E2E) encryption are paying off as the flagship conferencing app developer generated more revenue in Q2 2020 (fiscal Q2 2021 for Zoom: ended July 2020) than in the entirety of […]
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Australia’s enterprise storage revenue will maintain 5.7% CAGR between 2019 and 2024, says GlobalData

Following a decline in 2020, enterprise storage revenue in Australia will stage a quick recovery in 2021 and post 5.7% CAGR over the forecast period 2019-2024, driven by the need among enterprises for efficient storage power to support their digital transformation initiatives, according to GlobalData, a leading data and analytics company. GlobalData forecasts enterprise storage […]
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