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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 […]
COVID-19 pandemic to foster enterprise VPN adoption in India, says GlobalData
COVID-19 has changed the dynamics of the IT environment in India and has provided an evolutionary roadmap for the future digital workplace. The pandemic has brought forward the necessity of remote working, which has increased the demand for bandwidth requirement with minimal downtime through virtual private networks (VPN) and remote accessing capabilities for enterprises. With […]
Cloud-based offerings outshine traditional products amid current COVID-19 scenario in APAC, says GlobalData
The COVID-19 pandemic has accelerated the demand for digital technologies to ensure resilient enterprise business operations. Subsequently, a surge in demand across the Asia-Pacific (APAC) region has resulted in cloud-based offerings outshining traditional products, says GlobalData, a leading data and analytics company. Anshuma Singh, Technology Analyst at GlobalData, comments: “Key verticals like banking and financial, […]
Repurposing product offerings for business continuity and digital transformation vital for technology vendors in APAC, says GlobalData
The current COVID-19 pandemic will eventually result in an increased transition towards digitalization, with enterprises working towards reducing risks and ensuring business continuity for their operations. Against this backdrop, technology vendors in the Asia-Pacific (APAC) region with new product propositions for business continuity can make a faster recovery, says GlobalData, a leading data and analytics […]
Slack’s lukewarm growth crushes expectations it would profit from increased working from home, says GlobalData
Following the announcement of Slack’s results for the first quarter of fiscal year 2021; Laura Petrone, Senior Analyst at GlobalData, a leading data and analytics company, offers her view: “Despite the rapid adoption of remote working tools during lockdowns, the much expected surge in demand for the Slack platform, which is designed to increase virtual […]
Big tech companies bet on digital platforms to successfully steer through COVID-19 crisis, says GlobalData
Despite the COVID-19 crisis, tech giants Facebook, Apple, Microsoft, Google and Amazon (FAMGA) have reported revenue growth in the first quarter (Q1) of 2020 even while small and medium enterprises struggled to navigate through the difficult times. Given that consumers would continue to spend more time online during the pandemic-induced lockdown in some form through […]
Enterprise cloud spending will surpass $590bn by 2024, says GlobalData
Enterprise spending on cloud services and infrastructure will grow to $591.4bn by 2024, up from $398.0bn in 2020 at a compound annual growth rate (CAGR) of 8%, says GlobalData, a leading data and analytics company. According to the company’s latest report, ‘Thematic Research: Cloud Computing’, cloud computing’s importance has grown significantly in recent years. The […]
Telecoms operators that fail to digitize their business will face a challenging year
Harsh economic times resulting from COVID-19 will make 2020 a challenging year for telecom operators. Post-crisis, consumer and enterprise telecom service appetites and habits will not go back to pre-crisis levels. According to GlobalData, a leading data and analytics company, consumers of all ages have had to become more digitally-literate, which means telecom services companies will […]
UK smart cities need to advance in response to COVID-19, says GlobalData
Many of the short-term fixes and even long-term cures envisaged for the illness of urban and wider society so vividly and exposed by the COVID-19 pandemic lie, at least in part and sometimes almost completely with ICT. With 50% of the world’s population living in cities and 70% projected by 2050, it is now more […]
Zoom’s stellar growth is propelling it towards becoming a $100bn company, says GlobalData
Following the announcement of Zoom’s results for the first quarter of fiscal 2021; David Bicknell, Principal Analyst in the Thematic Research Team at GlobalData, a leading data and analytics company, offers his view: “Zoom’s videoconferencing made it a poster child of the pandemic and its current rate of growth will propel it towards a valuation […]
China’s fixed communications services market revenue to grow at 1.7% CAGR over 2019-2024, forecasts GlobalData
The total fixed communications services revenue in China is forecast to increase at a compounded annual growth rate (CAGR) of 1.7% from US$76.4bn in 2019 to US$83.2bn in 2024, primarily driven by the growth in fixed broadband segment, according to GlobalData, a leading data and analytics company. GlobalData’s China Telecom Operators Country Intelligence Report predicts […]