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GlobalData

Technology

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 […]
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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 […]
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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 […]
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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 […]
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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 […]
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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. […]
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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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