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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. […]
New Digital Regulation Cooperation Forum must act quickly to establish its credentials, says GlobalData
Following the news (Wednesday 1 July) that The Competition and Markets Authority (CMA), Information Commissioner’s Office (ICO) and Ofcom have set up the Digital Regulation Co-operation Forum (DRCF) to ensure online services work better for consumers and businesses in the UK; David Bicknell, Principal Analyst in the Thematic Research Team at GlobalData, a leading data […]
Framework agreements need to be more transparent and centrally aggregated, says GlobalData
The vast landscape of frameworks and their providers is making it difficult for ICT suppliers to identify the most appropriate and lucrative opportunities available. Frameworks need to be more transparent and centrally aggregated, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘UK Health & Social Care – Frameworks Analysis’, estimates that, within the […]
HS2 offers major new target for UK ICT suppliers, says GlobalData
High Speed 2 (HS2) is establishing itself as a major new opportunity for ICT suppliers in the public sector transportation space, with contract awards already totalling £22.8m this year and over £1bn in tenders and pre-tenders up for grabs in the near term. The scale of HS2’s procurement looks set to position it as the […]
Telco B2C telemedicine services on showcase during COVID-19
The lockdown and physical distancing restrictions of the ongoing COVID-19 pandemic have created an international showcase opportunity for the telemedicine industry. Telecommunication service companies (Telcos) are launching new services to directly address the public’s need for virtual doctor consultations during the lockdown period with other services adjusted or streamlined to help in the diagnosis and treatment […]
COVID-19 to affect enterprise ICT spending in India, says GlobalData
With enterprises in India looking to contain costs, defer all capital expenditure on non-critical ICT spending and hold-off their long-term digital transformation initiatives until at least next year amid the COVID-19 pandemic scenario, the market for the information and communications technology (ICT) services – hardware, in particular, is set to fall in 2020, according to […]
Spending on cybersecurity will fall in 2020 but recover quickly
Spending on cybersecurity will fall in 2020 as a result of the economic impact of COVID-19, but the industry will recover to be worth nearly $238bn by 2030, having grown at a compound annual growth rate (CAGR) of 6% between 2019 and 2030, says GlobalData, a leading data and analytics company. The company’s latest report, […]
COVID-19 not only reason for Apple and Huawei’s decelerating phone revenue growth, says Globaldata
While supply chain disruptions and retail store closures due to COVID-19 lockdowns in early 2020 have impacted smartphone revenues, other factors such as post-holiday seasonality, slowing phone upgrade rates and geopolitics have played a part on their bottom line, says GlobalData, a leading data and analytics company. Anisha Bhatia, Senior Analyst at GlobalData, comments: “The […]
COVID-19 had some impact but other issues hound HBO Max and Quibi, says GlobalData
Pandemic or no pandemic, HBO Max and Quibi were committed to launch in Q2 2020. At first glance, this should have been the perfect time to showcase a new streaming service to customers who were in lockdown. However, the streaming platforms had other issues, besides COVID-19 challenges, which led them being ill-prepared for launch, says […]
Malaysia’s enterprises need to recalibrate business models for ICT market recovery in post COVID-19 scenario, says GlobalData
Malaysia’s ICT spending for 2020 is expected to decline by 8.3% as opposed to the 8.2% growth expected before the COVID-19 outbreak. Against this backdrop, the enterprises in the country need to adopt new digital technologies and re-evaluate their business models to regain the lost ground in the post COVID-19 world, suggests GlobalData, a leading […]
Enterprise ICT budget in India to take hit in 2020 due to COVID-19, says GlobalData
Most of the enterprises across industries in India are expected to see their proposed ICT budgets for 2020 decline in the aftermath of COVID-19 outbreak, according to the latest enterprise ICT decision makers’ survey 2020* from GlobalData, a leading data and analytics company. GlobalData’s, Enterprise ICT Investment Trends in India 2020 Report, reveals that about […]