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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 […]
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 […]
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 […]
Antitrust regulation tip of the iceberg for big tech, says GlobalData
The US Congress anti-trust committee held a five-hour hearing on the market power of big tech companies this week. However, antitrust is just the tip of the iceberg, according to GlobalData, as regulators are expected to come after big tech companies in ten different areas – with antitrust, misinformation and data privacy the most urgent […]
Morgan Stanley and EY were top financial advisers by value and volume in global ICT sector in H1 2020
Morgan Stanley and Ernst & Young (EY) were the top mergers and acquisitions (M&A) financial advisers in the global information and communications technology (ICT) sector in the first half (H1) of 2020 based on deal value and volume, respectively. Morgan Stanley advised on 30 deals worth US$39.6bn, which was the highest among all advisers. EY […]
South Korea turns to AI and 5G to revive economy from COVID-19 induced slump, says GlobalData
South Korea announced a project ‘New Deal’ in June 2020 to revive the country’s economy by focusing on digitalization. Technologies such as 5G network and artificial intelligence (AI) are set to become the key players in supporting Korea’s economic recovery plan and placing the country among the leading technology countries post-COVID-19, says GlobalData, a leading […]
Enterprise ICT budget in Malaysia to be affected by COVID-19 in 2020, forecasts GlobalData
Most of the enterprises cutting across industries in Malaysia are expected to witness a decline in their proposed ICT budgets for 2020 in the aftermath of COVID-19 pandemic, according to the latest Enterprise ICT Decision Makers’ Survey 2020* by GlobalData, a leading data and analytics company. GlobalData’s ‘Malaysia Enterprise ICT Investment Trends 2020’ reveals that […]
ICT market in Philippines to continue to grow in 2020 notwithstanding COVID-19, forecasts GlobalData
The Information & Communications Technology (ICT) market in the Philippines is set to continue to grow in 2020 driven by wider digital transformation initiatives taken by local enterprises and growing customers’ needs despite COVID-19 crisis, says GlobalData, a leading data and analytics company. The company’s latest report, ‘Enterprise ICT Investment Trends 2020 Philippines’, reveals that […]
Despite COVID-19, enterprises in Hong Kong set to increase ICT budget on digital transformation, says GlobalData
Despite the negative impact of COVID-19, most of the enterprises in Hong Kong are expected to increase their share of ICT spending on digital transformation in 2020, according to the latest ICT decision makers’ survey* by GlobalData, a leading data and analytics company. GlobalData’s ‘Hong Kong Enterprise ICT Investment Trends 2020’ reveals that the enterprises […]
COVID-19 polarises the market for TMT IPOs, says GlobalData
The four themes that generated the highest IPO returns for investors* were cybersecurity, collaboration tools, big data and cloud technology. By contrast, the themes that generated negative investor returns included batteries, edtech, 3D printing, and blockchain, says GlobalData, a leading data and analytics company. The company’s latest report, ‘Thematic Research: IPOs in TMT’, reviews the […]
Sentiment growth in technology sector driven by Jabil, while cloud was top theme for June 2020
Jabil had the highest sentiment score growth for June 2020, while cloud technology had the highest earnings transcript mentions during the month, according to GlobalData, a leading data and analytics company. Sectorial sentiment growth was influenced by Jabil, which saw the most growth at 41% in June 2020 (fiscal Q3 2020 earnings transcript) compared to […]
Despite COVID-19, Pay-TV services revenue in Japan to grow at 1.9% CAGR over next five years, forecasts GlobalData
Japan’s total pay-TV services revenue is set to register a compound annual growth rate (CAGR) of 1.9% during 2019-2024, increasing from US$8.9bn in 2019 to US$9.8bn in 2024, according to revised pay-TV forecasts from GlobalData, a leading data and analytics company. GlobalData’s Japan Telecom Operators Country Intelligence Report indicates that the overall growth in the […]
Fixed broadband segment to drive growth of overall fixed communication revenues in Japan over 2019-2024, says GlobalData
Higher than anticipated growth in fixed broadband revenues will help the overall fixed communication services market in Japan to post revenues of US$47bn in 2020 amidst the COVID-19 crisis, which is expected to reach US$48bn by 2024, according to revised forecasts from GlobalData, a leading data and analytics company. GlobalData’s Japan Telecom Operators Country Intelligence […]