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The outbreak of COVID-19 pandemic has led to reduced consumer spending in consumer electronics devices, resulting in the low adoption of smartwatches in 2020. However, the addition of advanced features such as social distancing warning alarm, body temperature monitoring, oxygen saturation (SpO2) monitoring and handwashing timer is bound to drive smartwatch adoption in the Asia-Pacific […]
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) […]
Smart glasses will be a $2bn market by 2030, says GlobalData
The global smart glasses market is expected to take off by 2030, with forecasts estimating the market will be worth $2.3bn. The market will expand at a compound annual growth rate (CAGR) of 18% over the next 11 years, having generated $374m in 2019, according to GlobalData, a leading data and analytics company. The majority […]
Two-thirds of UK public sector organizations optimistic about post-COVID IT future, says GlobalData
The COVID-19 pandemic has had a significant impact on the UK public sector in the space of just a few months, and the role of IT departments has become even more critical as digital priorities have shifted substantially to deal with the immediate effects of the ‘new normal’. Despite the initial disruption, IT suppliers should […]
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. […]
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 […]
China’s enterprise mobility market revenue to register 6.7% CAGR over 2019-2024, says GlobalData
As an immediate impact of the COVID-19 crisis on enterprise ICT spending in the country, enterprise mobility revenue in China will drop from US$3bn in 2019 to US$2.8bn in 2020 but will maintain a compound annual growth rate (CAGR) of 6.7% between 2019 and 2024, driven by a steady rise in the enterprise adoption of […]
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 […]
Amazon’s FAA designation a win but company still has hurdles to jump until drone delivery a reality, says GlobalData
The FAA’s designation of Amazon Prime Air as an ‘air carrier’ is the latest development in the company’s seven-year drones saga. It paves the way for the company to start drone deliveries within the US and is a major step towards Amazon’s dream of using drones to deliver to customers within 30 minutes of an […]
Communication and collaboration software revenue in Australia to grow 20% in 2020 amidst COVID-19 crisis, says GlobalData
While enterprise spending on most of the ICT solutions in Australia is set to decline in 2020 due to the COVID-19 crisis, communications and collaboration software market will buck the trend and register a Y-o-Y growth of 20%, according to GlobalData, a leading data and analytics company. An analysis of GlobalData’s revised market opportunity forecasts for […]
Cross-industry collaboration key to deliver new age fintech services to MSMEs in ASEAN, says GlobalData
Traditional banking institutions are unable to meet the financial needs of MSMEs across the Association of Southeast Asian Nations (ASEAN) as the market is fragmented. As a result, the market participants should collaborate across industries to help bridge this gap and deliver a new generation of financial and technology services, says GlobalData, a leading data […]
Jio Platforms’ success gives hope to struggling Indian IT vendors impacted by COVID-19, says GlobalData
Challenges faced by Indian IT vendors are in stark contrast to global counterparts Indian tech companies have traditionally been IT services giants Interest in Jio Platforms will augur well for other Indian tech companies Global technology companies have seen a rapid increase in their valuation over the past six months – with the most notable […]
Vocus poised to become number-two network operator by 2021, predicts GlobalData
Vocus, at current momentum, could become the second largest network operator by 2021 The telco industry globally is facing headwinds and disruption from multiple fronts Vocus is regaining investor confidence through strong focus on enterprise segment and strategic partnerships Vocus is one of the telcos that have grown rapidly through merger and acquisitions (M&A) to […]
Most US employees see themselves working with technology, rather than being replaced by it, according to a recent survey on the future of work by GlobalData
· Technology will support US workers rather than replace them as respondents say only part of their job can be performed by machines. · 79% of US workers say technology will change the way they do their job over the next three years. · 37% of respondents think AI will impact their job over the […]
Mobile data to sustain growth in overall mobile services revenue in Myanmar over 2020-2025, forecasts GlobalData
The mobile services revenues in Myanmar are set to grow at a sluggish compound annual growth rate (CAGR) of 0.5% from US$2.1bn in 2020 to US$2.2bn in 2025, supported by growth in mobile data segment, according to GlobalData, a leading data and analytics company. GlobalData’s Myanmar Telecom Operators Country Intelligence Report highlights that mobile data […]
Major technology companies came under bottom-line pressure in 2019, according to study by GlobalData
Strong demand for cloud computing solutions and a significant uptick of online advertisement revenue helped cloud and internet-based solutions providers such as Amazon, Apple, Samsung Electronics, Hon Hai Precision, Alphabet and Microsoft to lead GlobalData’s list of top 25 publicly-traded global technology companies by revenue in 2019. Of the top 25, 19 companies reported year-on-year […]
Myanmar’s fixed communications services market revenue to grow at 7% CAGR over 2020-2025, forecasts GlobalData
The fixed communication services market in Myanmar will remain fairly resilient against COVID-19 crisis in 2020 and go on to register a compounded annual growth rate (CAGR) of 7% from US$144.7m in 2020 to US$203m in 2025, driven by growing revenues from the fixed voice and broadband services, according to GlobalData, a leading data and […]
Data segment to drive mobile service revenues in Japan between 2019 and 2024, forecasts GlobalData
The mobile services revenue in Japan is set to grow at a compound annual growth rate (CAGR) of 6.8% from US$73.7bn in 2019 to US$95.4bn in 2024, primarily driven by the mobile data segment, according to the revised forecasts from GlobalData, a leading data and analytics company. GlobalData’s Japan Telecom Operators Country Intelligence Report highlights […]
SD-WAN gaining momentum in Australia but enterprises need long-term network strategy, says GlobalData
Nearly 60% of enterprises already implemented SD-WAN in Australia As businesses accelerate the migration to the cloud, the underlying network will play an important role Software-defined Wide Area Network (SD-WAN) has taken off quicker in Australia than some other markets partly due to the migration of last-mile access to the National Broadband Network (NBN). However, […]
Intel’s stumble in leading-edge chips race gives rivals an opportunity to catch up, says GlobalData
Intel has fallen behind in its ability to make commercially ready, leading-edge chips in sufficient volumes, opening the door to its main rivals, AMD and Nvidia, says GlobalData, a leading data and analytics company. Intel’s recent bombshell that it has stumbled – yet again – in the production of its 7-nanometer (nm) parts was a […]