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Technology

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, […]
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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 […]
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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 […]
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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 […]
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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 […]
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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 […]
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Despite decline in 2020 due to COVID-19, China’s mobile service revenue set to register 1.5% CAGR over 2019-2024, forecasts GlobalData

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 […]
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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 […]
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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 […]
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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 […]
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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 […]
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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 […]
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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 […]
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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 […]
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