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Real estate companies have started using advanced technologies like virtual tours, artificial intelligence-enabled customer engagement, digital bookings and online payments in order to draw customers and drive sales amidst the COVID-19 crisis, says GlobalData, a leading data and analytics company COVID-19 outbreak has had a significant impact on the real estate sector in India. The […]
COVID-19 impacts Chinese telcos resulting in 3.7% decline in 2020 revenues, says GlobalData
The revenues for the total Chinese telecom and pay-TV services in 2020 will reach US$220bn, which is a drop of 9%. Due to COVID-19 impact, the overall Chinese telecom and pay-TV service revenues will decline by 3.7% Year-on-Year in 2020, according to the forecasts by GlobalData, a leading data and analytics company. However, once […]
Indonesia’s pay-TV service revenues set to decline at 3.9% CAGR over 2019-2024, forecasts GlobalData
Despite steady growth in the overall subscriptions, the total pay-TV service revenues in Indonesia will decline by a compound annual growth rate (CAGR) of 3.9% between 2019 and 2024, according to GlobalData, a leading data and analytics company. GlobalData’s Indonesia Telecom Operators Country Intelligence Report forecasts that decline in pay-TV revenues in Indonesia is primarily […]
Employees will want to work at home more frequently post-COVID-19, says GlobalData
The pandemic has given businesses an unprecedented opportunity to implement profound and long-lasting changes to the way people work. Remote working will be a lasting legacy of the crisis as companies were forced to invest heavily in remote working tools during lockdowns. Now, it is unequivocal, employees do not want to return, as reflected in […]
Despite COVID-19, enterprises in China set to increase ICT budget on digital transformation, says GlobalData
Despite the negative impact of COVID-19, most enterprises in China are expected to increase their share of ICT spending on digital transformation in 2020, according to the latest ICT decision makers’ survey* from GlobalData, a leading data and analytics company. GlobalData’s Enterprise ICT Investment Trends in China 2020 Report highlights that the enterprises from China […]
Telco B2C innovation unhampered by COVID-19, says GlobalData
There is no evidence of significant disruption to telco innovation projects due to COVID-19. If anything, the crisis is only serving to underscore the logic of digital transformation, which is accelerating telco ambition to go further, faster. Consequently, the short to mid-term prospects for telco innovation look good – arguably ‘improved’, says GlobalData, a leading […]
Mixer’s demise was inevitable but Microsoft will continue to challenge Amazon and Google, says GlobalData
Following the news that Microsoft is closing its Mixer game streaming platform and partnering with Facebook Gaming; Rupantar Guha, Senior Analyst of Thematic Research at GlobalData, a leading data and analytics company, offers his view: “Microsoft’s decision to close Mixer is a surprise but was inevitable as the platform was struggling due to limited content […]
Notwithstanding COVID-19, Indonesia’s mobile service revenue set to register 1.8% CAGR over 2019-2024, forecasts GlobalData
The total mobile services revenue in Indonesia is set to increase at a compound annual growth rate (CAGR) of 1.8% from US$10.1bn in 2019 to US$11.1bn in 2024, supported by healthy growth in mobile data service revenues, according to GlobalData, a leading data and analytics company. GlobalData’s Indonesia Telecom Operators Country Intelligence Report forecasts that […]
Enterprise ICT budget in Australia to decline in 2020 due to COVID-19, says GlobalData
Majority of the enterprises in Australia are expected to see their proposed ICT budgets for the year 2020 decline following the COVID-19 outbreak, according to the latest enterprise ICT decision makers’ survey* from GlobalData, a leading data and analytics company. GlobalData’s Enterprise ICT Investment Trends in Australia 2020 Report reveals that about 33.3% of the […]
Indonesia’s fixed communications services market revenue to grow at 12.6% CAGR over 2019-2024, forecasts GlobalData
The total fixed communications service revenue in Indonesia is forecast to increase at a compounded annual growth rate (CAGR) of 12.6% from US$2.7bn in 2019 to US$4.9bn in 2024, driven by the strong growth in fixed broadband service subscriptions, according to GlobalData, a leading data and analytics company. GlobalData’s Indonesia Telecom Operators Country Intelligence Report […]
No end in sight to IT vendor layoffs, pay cuts and furloughs, says GlobalData
There has been widespread evidence of layoffs, pay cuts and furloughs at IT vendors, and there is more economic pain on the horizon, says GlobalData, a leading data and analytics company. GlobalData reports that, as of the end of May, the number of active jobs in the technology and telecommunications field was down 36.2% as […]
BT adapts to new working culture with second broadband line
BT is tapping into a whole new service opportunity, offering a second fixed broadband connection into the home for households that have unexpectedly become the new epicenter for work, school, and play. According to GlobalData’s UK Fixed Market Share Forecast, BT continues to lead the broadband market with a 35% subscriber share in 2020. Natasha […]
Social media giants face uncertain future as COVID-19 bites, says GlobalData
Many of the world’s largest social media companies face an uncertain future due to declining ad revenues, says GlobalData, a leading data and analytics company. GlobalData’s latest report, COVID-19 impact on Social Media, reveals that the use of social media has increased significantly during the global lockdown instituted in response to the pandemic. However, overall […]
Telecom wholesale market to remain stable in 2020
The COVID-19 pandemic had a limited impact on service providers’ Q1 2020 results. In fact, some telcos have seen growth in voice and data traffic as a result of increased demand for bandwidth and connectivity, according to GlobalData, a leading data and analytics company. Rajesh Muru, Principal Analyst at GlobalData, comments: “Key contributing factors that […]
Sony’s leadership in gaming services will help it control next-generation console market, says GlobalData
Following the first reveal of Sony’s next-generation PlayStation 5 console; Rupantar Guha, Senior Analyst of Thematic Research at GlobalData, a leading data and analytics company, shares his views: “The next-generation gaming consoles will increasingly pivot around added-value services. With limited differentiation in hardware, both Sony and Microsoft will need to focus on platform-exclusive titles, subscriptions […]
COVID-19 will further drive robotic process automation uptake amongst enterprises in APAC, says GlobalData
Amidst the growing concerns due to the COVID-19 pandemic, enterprises are compelled to operate with limited staff, provide undisrupted services to their clients and maintain current business operations as in a normal scenario. Against this backdrop, the adoption of robotic process automation (RPA) amongst enterprises in the Asia-Pacific (APAC) region is estimated to grow further, […]
COVID-19 advances business continuity planning to a data science, says GlobalData
Traditional business continuity planning (BCP) has shifted away from an era of subjectivity and ‘trial and error’ to one that is driven by the science of data and machine learning algorithms. In this new system, risks will be more accurately identified, scored, weighted and mapped to a known vulnerability in near real-time. Processes will be […]
TV streaming accounts will surpass 1 billion globally in 2020, says GlobalData
The number of online TV streaming accounts will reach 1.1 billion in 2020, surpassing traditional pay TV accounts for the first time, says GlobalData, a leading data and analytics company. According to the company’s latest report, Thematic Research: Internet TV, this marks a watershed moment in the history of TV consumption and illustrates how the […]
APAC set to emerge as epicenter for artificial intelligence growth, says GlobalData
Supportive government framework and policies are expected to enable the Asia-Pacific (APAC) region to emerge as the global epicenter for the growth of artificial intelligence (AI), says GlobalData, a leading data and analytics company. Several countries across the region are focusing on leveraging AI, enhancing productivity and competitiveness. Though the key objectives of different government […]
5G Massive MIMO market growing quickly in 2020, dominated by high-performance need
The number of 5G Massive MIMO (Multiple-Input, Multiple-Output) radio products on the market is growing rapidly in 2020 and is dominated by high-performance products, says GlobalData, a leading data and analytics company. Massive MIMO, which uses radios with large arrays of antennas to increase the performance of mobile access networks, is an important technology for […]