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The COVID-19 pandemic has given businesses an unprecedented opportunity to implement profound changes to the way we work, according to GlobalData, a leading data and analytics company. GlobalData’s latest report, Future of Work – Thematic Research, states that the pandemic will leave a lasting legacy, from digitizing processes and re-shaping supply chains to redesigning offices. Laura Petrone, […]
COVID-19 to affect enterprise ICT spending in New Zealand, says GlobalData
ICT spending in New Zealand is estimated to register a 6.3% year-on-year decline to reach US$9.5bn in 2020, against the initial estimated growth of 9.6% before the COVID-19 outbreak, according to GlobalData, a leading data and analytics company. An analysis of GlobalData’s Market Opportunity Forecasts Model reveals that ICT spending across all infrastructure segments, which […]
Government and healthcare to lead ICT spending in Japan, despite overall decline amidst COVID-19 pandemic, says GlobalData
The government efforts to maintain the healthcare infrastructure to combat the COVID-19 pandemic will see the government and healthcare verticals leading the ICT spending in Japan, despite the decline in the overall ICT spending in the country, says GlobalData, a leading data and analytics company. An analysis of GlobalData’s Market Opportunity Forecasts Model reveals that […]
Analog’s $20bn Maxim deal another example of semiconductor sector shakeout, says GlobalData
The global semiconductor industry has too much capacity, too many players and has had declining revenues since the end of 2018. Market prospects are bleak for the next two years and the recent acquisition of Maxim Integrated by Analog Devices is the latest example of the industry’s shakeout, says GlobalData, a leading data and analytics […]
Communication vertical to be silver lining despite decline in overall ICT spending in Singapore, says GlobalData
Even as Singapore’s ICT spending is expected to decline as opposed to the growth expected before the COVID-19 outbreak, communications sector will be the silver lining with an increase of 6.0% in ICT spending, says GlobalData, a leading data and analytics company. An analysis of GlobalData’s Market Opportunity Forecasts model reveals that the COVID-19 outbreak […]
ICT spending in South Korea to drop by 5.4% in 2020, owing to COVID-19 pandemic, says GlobalData
With the COVID-19 pandemic having engulfed almost the entire globe, South Korea too is estimated to witness a 5.4% decline in the overall ICT spending in 2020, according to GlobalData, a leading data and analytics company. An analysis of GlobalData’s Market Opportunity Forecasts Model reveals that ICT spending in South Korea is estimated to register […]
Launch of new $600 videoconferencing device shows Zoom believes remote working is here to stay
Following Zoom’s announcement of its new dedicated device for videoconferencing, David Bicknell, Principal Analyst, Thematic Research at GlobalData, a leading data and analytics company, offers his view: “The COVID-19 pandemic has changed the way we work and many people would like to make that change permanent. In a recent GlobalData survey, nearly a quarter of […]
Mobility, cloud technologies present opportunities for vendors in Indonesia’s ICT market in 2020, says GlobalData
At a time when Indonesia’s ICT spending for 2020 is expected to decline by 7.1% as opposed to the 7.5% growth expected before the COVID-19 outbreak, mobility and cloud technologies are set to present opportunities for vendors, says GlobalData, a leading data and analytics company. An analysis of GlobalData’s Market Opportunity Forecasts Model reveals that […]
Malaysia’s mobile services revenue to stagnate over next four years courtesy COVID-19, forecasts GlobalData
The mobile services revenue in Malaysia is poised to grow at a sluggish compound annual growth rate (CAGR) of 0.1% during 2019-2024, from US$5.1bn in 2019 to US$5.4bn in 2024, after registering a major drop in the market revenues in 2020 due to the COVID-19 outbreak, according to GlobalData, a leading data and analytics company. […]
Australia’s ICT spending set to decline by 5.9% in 2020 due to COVID-19, forecasts GlobalData
Australia’s ICT spending is expected to decline by 5.9% in 2020 as opposed to the 9.4% growth forecasted before the COVID-19 outbreak, says GlobalData, a leading data and analytics company. An analysis of GlobalData’s Market Opportunity Forecasts Model reveals that spending on hardware is expected to fall by 6.8% in 2020 as against the growth […]
China’s ICT spending in 2020 set to decline by 7.6% owing to the COVID-19 pandemic, says Global Data
China’s ICT spending for 2020 is expected to register a decline of 7.6%, against the estimated positive growth rate of 7.2% before the COVID-19 outbreak, says GlobalData, a leading data and analytics company. While China’s domestic ICT spending had grown by 8.0% in 2019, the COVID-19 outbreak will lead to a decrease in ICT spending […]
Malaysia’s pay-TV services revenue to register sluggish growth over next five years, forecasts GlobalData
The total pay-TV services revenue in Malaysia is forecast to grow at a sluggish pace from US$1.07bn in 2019 to US$1.08bn in 2024, reflecting a compound annual growth rate (CAGR) of a marginal 0.2%, supported by a steady rise in the adoption of DTH and IPTV services, according to GlobalData, a leading data and analytics […]
Malaysia’s fixed communications services market revenue set to increase at 3.9% CAGR over 2019-2024, forecasts GlobalData
Following a marginal decrease in 2020 mainly as a knee-jerk reaction to the COVID-19 crisis, the total fixed communications services revenue in Malaysia is forecast to grow at a compounded annual growth rate (CAGR) of 3.9% from US$2.2bn in 2019 to US$2.6bn in 2024, driven by growing revenues from the fixed broadband services segment, according […]
Fixed communications services revenue in Australia to witness growth over next four years despite COVID-19 impact, forecasts GlobalData
The total fixed communications services revenue in Australia is expected to increase at a compounded annual growth rate (CAGR) of 1.3% from US$9.5bn in 2019 to US$10.1bn in 2024, driven by the growth in revenues from the fixed broadband segment, according to GlobalData, a leading data and analytics company. GlobalData’s Australia Telecom Operators Country Intelligence […]
COVID-19 will accelerate pay-TV services revenue decline in Australia, forecasts GlobalData
The total pay-TV services revenue in Australia is set to decline at a compound annual growth rate (CAGR) of 3.2% from US$2.6bn in 2019 to US$2.2bn in 2024 due to the declining cable and direct-to-Home (DTH) TV subscriptions and falling pay-TV average revenue per user (ARPU), according to GlobalData, a leading data and analytics company. […]
Despite COVID-19, mobile service revenue in Australia to register 3.7% CAGR over 2019-2024, forecasts GlobalData
Despite a decline in 2020 due COVID-19 pandemic, the mobile services revenue in Australia will increase at a compound annual growth rate (CAGR) of 3.7% from US$9.7bn in 2019 to US$11.6bn by 2024, driven by steady rise in mobile Internet subscriptions, increase in mobile data consumption, and growth in mobile data average revenue per subscriber (ARPS), according […]
Race for Warner Bros gaming unit will focus on next-generation themes, says GlobalData
Following reports that AT&T is considering selling its Warner Bros. Interactive Entertainment gaming division; Rupantar Guha, Senior Analyst for Thematic Research at GlobalData, a leading data and analytics company, offers his view: “Licenses to develop games based on the DC Comics and Harry Potter franchises are the main prize for potential bidders Activision Blizzard, Electronic […]
WiFi connectivity has been key ingredient for cable MVNOs during COVID-19
Cable companies’ mobile virtual network operators (MVNO) continued luring customers from their larger mobile network operator rivals during Q1 2020, as COVID-19’s impact highlighted the logic behind their WiFi-centric business models. However, the ongoing pandemic threatens to slow their trajectory, says GlobalData, a leading data and analytics company. A recent report by GlobalData analyses three cable […]
Interest in AR/VR grows during COVID-19 pandemic but market needs to evolve, says GlobalData
The virtual reality (VR)/augmented reality (AR) market—collectively known as extended reality (XR)—has been on the cusp of becoming the next mainstream platform, but it has remained niche for many years thanks to technological limitations and scant content. However, the COVID-19 global pandemic appears to have changed the technology’s fortunes—at least in the short-term—as homebound people […]
Smartwatch revenues to hit $64bn by 2030 but the search for killer use case goes on, says GlobalData
Smartwatches will become a $64bn industry by 2030, having grown at a compound annual growth rate (CAGR) of 13% between 2019 and 2030. The growth is mostly attributable to the addition of features such as cellular connectivity, health and fitness monitoring, and interoperability with other connected devices, says GlobalData, a leading data and analytics company. […]