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The total mobile services revenue in China is set to increase at a compound annual growth rate (CAGR) of 1.5% from US$127.4bn in 2019 to US$137.1bn in 2024, supported by healthy growth in mobile data service revenues, according to GlobalData, a leading data and analytics company. GlobalData’s China Telecom Operators Country Intelligence Report forecasts that […]
Pay-TV services revenue in China to decline at 1.2% CAGR over next five years, forecasts GlobalData
The total pay-TV services revenue in China is set to decline at a compound annual growth rate (CAGR) of 1.2% between 2019 and 2024, from US$24.8 billion in 2019 to US$23.3 billion in 2024, due to growing substitution with over-the-top (OTT) video services and falling pay-TV average revenue per user (ARPU), according to GlobalData, a […]
Russian telecom services take a 4% hit on revenue in 2020 amid COVID-19 crisis
Russia’s telecoms market is expected to stay relatively resilient. Taking into consideration the impact of COVID-19 and other market dynamics, GlobalData’s latest forecast reveals that the total telecoms service revenue in Russia will decline by 4% compared to 2019. This represents a three percentage point downward revision to the company’s pre-COVD-19 baseline forecast, which saw only […]
US operators endeavor to generate interest in 5G post-COVID-19
US carriers are hoping the second half of 2020 will give them an opportunity to sell 5G services as the technology and coverage improves, says GlobalData, a leading data and analytics company. Lynnette Luna, Principal Analyst at GlobalData, comments: “5G technology is the revenue opportunity of the next decade, and carriers are in a race to increase […]
Technology vendors target edge computing opportunities with innovative solutions, strategies and business models, says GlobalData
According to GlobalData’s new Competitive Landscape Assessment for Edge Computing Infrastructure, businesses, government and other organizations will invest in edge computing in order to harness several benefits. These include its ability to support a host of new digital applications that rely on high levels of performance such as video analytics, autonomous driverless vehicles, and immersive […]
India’s smart cities playing big role in technology led battle against COVID-19, says GlobalData
As seen in many countries across the globe, smart cities in India too have been playing a major role and leading the way in the country’s battle against the COVID-19 pandemic, says GlobalData, a leading data and analytics company. Sandeep Kolakotla, Technology Analyst at GlobalData, says: “Despite delays in the country’s smart city projects due […]
AI-enabled tools’ ability to test COVID-19 should be used with precaution
COVID-19 has led to inundated doctors using inadequately tested artificial intelligence (AI) tools. While AI-enabled tools can detect the virus quicker than traditional tests, inadequately-tested tools could cause undue harm to patients, says GlobalData a leading data and analytics company. AI technologies are increasingly being used to predict and diagnose COVID-19 and hospitals are keen to […]
COVID-19 could change the ways tech companies work forever
Following the news that Facebook expects 50% of its workforce will work remotely within the next five to ten years; David Bicknell, Principal Analyst in the Thematic Research Team at GlobalData, a leading data and analytics company, offers his view: “COVID-19 has forced many tech companies to turn their working strategy upside down and embrace […]
HBO Max’s content comes at a steep price, says GlobalData
Following the launch of HBO Max; Danyaal Rashid, Thematic Analyst at GlobalData, a leading data and analytics company, offers his view: “HBO Max is launching at a time when the subscription video on demand (SVOD) market is becoming increasingly saturated. New services from Disney, Apple and NBCUniversal (Peacock) have all been released in the past […]
Quibi is running out of time to sway initial users
Following the news that Quibi has started providing Apple AirPlay support for casting to TVs; Tammy Parker, Senior Analyst at GlobalData, a leading data and analytics company, offers her view on Quibi’s evolving strategy: “Because the 90-day free trials that Quibi offered when it launched in April will start expiring in July, the company urgently […]
Carriers increasingly eschew the home visit, a trend that will remain post-COVID-19
There was already a growing trend toward carriers encouraging self-installation of modems and new cable set-top boxes Pre-COVID-19, but this is now becoming a requirement, says GlobalData, a leading data and analytics company. Tammy Parker, Senior Analyst at GlobalData, comments: “Service providers should aim to make all in-home installations and repairs self-service as much as […]
COVID-19 is disrupting smartphone sales and supply chains
Consumer spending in the telecom sector will remain inhibited for some time and a supply and output slump will cause delivery backlogs for popular smartphones even as supply chains restart, says GlobalData, a leading data and analytics company. Anisha Bhatia, Senior Technology Analyst at GlobalData, comments: “In the short term, the financial impact and ripple […]
Better prospects await India’s online grocery retailers post-COVID-19 lockdown, says GlobalData
While the initial days of lockdown enforced in India in response to COVID-19 crisis sent the Indian online food and grocery retailers into disarray, they were able to quickly turn things around and convert the situation into one of immense growth opportunity, says GlobalData, a leading data and analytics company. The nationwide lockdown, which came […]
Facebook’s Shops is another step towards becoming next WeChat
Facebook’ latest ecommerce venture, Shops, will be a lifeline for many small businesses hit by COVID-19. It also serves as a clear indication of the company’s future plans, says GlobalData, a leading data and analytics company. Luke Gowland, Thematic Analyst at GlobalData, comments: “The future of apps is integration, and Tencent’s WeChat in China is […]
Take-Two Interactive has major hurdles to overcome post-COVID-19
Following the announcement of Take-Two Interactive’s results for the fourth quarter of fiscal 2020 Rupantar Guha, Senior Analyst for Thematic Research at GlobalData, a leading data and analytics company, offers his view: “Take-Two Interactive has benefited from the rise in gaming activity caused by COVID-19 lockdowns around the world. To safeguard its long-term growth, Take-Two […]
Telecom service providers in New Zealand finding ways to tackle COVID-19 impact, says GlobalData
The number of confirmed COVID-19 cases in New Zealand crossed 1,150 as on 19 May 2020. The country has taken stringent measures, including one-month national lockdown, which started on 25 March 2020, to curb the pandemic. The telecommunications service providers in New Zealand are effectively tackling the situation and providing maximum support to their customers […]
EdTech to remain key technology theme for India’s education sector even after COVID-19 crisis, says GlobalData
With the country expected to maintain self-isolation and social distancing practices well into the month of June 2020, when the new academic year starts for millions of students, and a few months thereafter, India’s education sector is expected to witness continued rise in the adoption of EdTech solutions, says GlobalData, a leading data and analytics […]
Competition in India’s video conferencing market to heat up as Reliance Jio plans official rollout of JioMeet, says GlobalData
Reliance Jio’s plans to officially roll out of its video conferencing platform, JioMeet, is expected to heat up the competition in the Indian video conferencing market, which has already seen Zoom, Google Meet, and Microsoft Teams gain immense popularity in recent months due to the COVID-19 induced lockdown in the country, says GlobalData, a leading […]
All is not lost for China’s start-ups focusing on frontier-tech amid COVID-19 crisis, says GlobalData
Despite a considerable drop in the overall investment activity due to the COVID-19 crisis, the Chinese start-up ecosystem remained relatively resilient, with start-ups focusing on frontier technologies (frontier-tech) such as autonomous driving, enterprise AI and space exploration managing to attract investor attention, says GlobalData, a leading data and analytics company. The pandemic has brought many […]
Microsoft’s plan to build regional datacenter will boost New Zealand’s digital economy, says GlobalData
Being one of the few countries to fight off the COVID-19 pandemic successfully, New Zealand remains an attractive market for datacenter investments in Asia-Pacific, and the recent announcement by Microsoft around its plans to build a regional datacenter underpins the country’s emerging digital potential, says GlobalData, a leading data and analytics company. By establishing its […]