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Unmanned aerial vehicles (UAVs) commonly known as drones are fast proving to be a necessary tool for frontline government agencies in fighting against the COVID-19 pandemic in India. The recent efforts by the Ministry of Civil Aviation (MoCA) to provide fast-track conditional exemptions to such agencies for drone operations opens up avenues for usage of […]
Big five European telco Q1 results demonstrate early crisis stage resilience in B2C market
Q1 results for Vodafone, Telefonica, Deutsche Telekom, Orange and BT indicate an encouraging degree of business resilience in the European telecommunications industry at large, with few surprises in the B2C market, says GlobalData, a leading data and analytics company. While all five telcos flagged losses in roaming revenues due to lockdown measures implemented in the final […]
Vodafone expects SME hit but looks to automation, 5G, and IoT to respond to COVID-19 crisis
Following the announcement of Vodafone’s FY2019/20 financial results and COVID-19 guidance; Gary Barton, Principal Analyst atGlobalData, a leading data and analytics company, offers his view: “Vodafone’s increase in momentum is, in most European markets, a slowing in decline of service revenues rather than increased organic revenue growth. The upside is that the provider can point […]
Companies will abandon IT projects to cut costs
Companies will axe IT projects throughout the remainder of 2020 and into 2021 as the recession bites, says GlobalData, a leading data and analytics company. The company’s latest report, ‘COVID-19 Impact on IT infrastructure Equipment’, reveals that there will be a long-term need for IT infrastructure such as data centers, cloud IT and networking to […]
COVID-19 offers Reliance an opportunity to become India’s national champion
Following the news that General Atlantic has paid US$870m for a 1% stake in Reliance Jio Platforms, the telecoms subsidiary of India-based Reliance Industries; Laura Petrone, Senior Analyst atGlobalData, a leading data and analytics company, offers her view: “Amid the global pandemic, foreign investors see Reliance as one of the most appealing companies in the […]
Collaboration software vendors must get used to the spotlight
Following Zoom’s service outage yesterday; David Bicknell, Principal Analyst in the Thematic Research Team at GlobalData, a leading data and analytics company, offers his view: “The pandemic has done more for video conferencing than any marketing campaign ever could. In these days of social distancing and enforced home-working, platforms such as Zoom have become a […]
Cancelled sporting events due to COVID-19 boosts esports content and introduces licensing issues
While the cancellation of most major sporting events due to COVID-19 has led to uncomfortable negotiations regarding licensing rights, it has also provided an opportunity for esports, says GlobalData, a leading data and analytics company. Tammy Parker, Senior Analyst at GlobalData, comments: “Content rights holders and pay-TV providers must sort out license fee issues due […]
NextVR acquisition will help Apple expand its iOS ecosystem beyond the iPhone
Following the news that Apple has acquired VR streaming company NextVR; Rupantar Guha, Senior Analyst for Thematic Research at GlobalData, a leading data and analytics company, offers his view: “Apple’s acquisition of NextVR comes as something of a surprise because the company has often been critical of virtual reality (VR) while endorsing augmented reality (AR). […]
Global market for edge computing to see significant growth through 2024
Global sales of edge computing infrastructure and services will grow at a compound annual growth rate (CAGR) of 22.7% between 2019 and 2024, with total sales expected to reach US$ 19.3bn in 2024, according to GlobalData’s new Market Opportunity Forecasts for Edge Computing*. Chris Drake, Principal Analyst at GlobalData, comments: “The vertical industries that will […]
IPTV subscriptions to grow at 21.9% CAGR in New Zealand with increasing adoption of broadband services, says GlobalData
The total Internet Protocol television (IPTV) subscriptions in New Zealand is expected to grow at a robust compound annual growth rate (CAGR) of 21.9% from 165,900 in 2019 to 447,000 in 2024, driven by the improving broadband penetration in the country which supports delivery of IPTV service, according to GlobalData, a leading data and analytics […]
Cyber security training essential for remote workers
Following research that shows employees are failing to get adequate guidance from their employers about remaining cyber-secure when working from home; David Bicknell, Principal Analyst in the Thematic Research Team at GlobalData, a leading data and analytics company, offers his view: “Cybersecurity is as much a boardroom issue as COVID-19. A major cyber breach constitutes […]
COVID-19 provides opportunity for robotic firms to shine
Following the news that a robotic dog developed by Boston Dynamics is enforcing social distancing at Bishan-Ang Mo Kio Park in Singapore; Wafaa Hassan, Thematic Analyst atGlobalData, a leading data and analytics company, offers her view: “COVID-19 has created new opportunities for the robotics industry. Companies can demonstrate the capabilities of their products by performing […]
AMC acquisition will make little sense for Amazon
Following the recent announcement that Amazon is looking to buy cinema firm AMC; Danyaal Rashid, Thematic Analyst at GlobalData, a leading data and analytics company, offers his view: “The cinema industry is ripe for consolidation, with defensive mergers allowing incumbents to maintain their hold on a shrinking market. Despite this, Amazon’s reported approach to purchase […]
Metaswitch acquisition continues to expand Microsoft’s telecom ecosystem focus, says GlobalData
Following the news that Microsoft will acquire Metaswitch Networks; John Byrne, Service Director, Telecom Technology & Software at GlobalData, a leading data and analytics company, offers his view on the acquisition: “Microsoft has made it clear, through a host of acquisitions and alliances, that the long term goal is to solidify Azure as the underlying platform […]
UK SVoD market to grow 100% over next five years, says GlobalData
The UK’s solid growth in subscription video on demand (SVoD) adoption is set to continue over the next five years, according to GlobalData, a leading data and analytics company. The total number of SVoD subscriptions is expected to double between 2019 and the end of 2024, rising from 22.4 million to 44.6 million. Total market […]
Mobile subscriptions in Philippines to witness moderate growth in 2020, says GlobalData
The highly saturated mobile telecom market in the Philippines is forecast to witness moderate growth in the percentage of mobile subscriptions in 2020 due to the coronavirus (COVID-19) outbreak, according to GlobalData, a leading data and analytics company. Hrushikesh Mahananda, Senior Analyst of Telecoms Market Data and Intelligence at GlobalData, says: “The percentage of […]
As global retail spend falls, strong ecosystems will provide ecommerce giants with a competitive advantage, says GlobalData
The ecosystems of leading ecommerce players like Amazon, Alibaba, Netflix, and Tencent will enable these companies to drive their growth through the COVID-19 pandemic, says GlobalData. GlobalData’s recent report, COVID-19 impact on Ecommerce reveals that the UK online food and grocery market is expected to grow nearly 20% in 2020 to £13.2bn as supermarkets experience unprecedented demand for home […]
Securing spectrum for 5G rollout amid COVID-19 pandemic is crucial in Asia-Pacific, says GlobalData
2020 was expected to be the year of 5G. With leading carriers across the Asia-Pacific region already launched the fifth generation technology in 2019, the rollout of 5G was ramping up and new 5G-ready devices were in the product pipelines of major manufacturers. However, like many other segments of the economy, the coronavirus (COVID-19) pandemic […]
COVID-19 has given Tencent’s gaming revenue a boost
Following today’s news on Tencent’s first quarter 2020 earnings results; Rupantar Guha, Senior Analyst for Thematic Research at GlobalData, a leading data and analytics company, offers his view: “Tencent’s gaming division is thriving despite the COVID-19 crisis, posting impressive revenue growth in Q1 2020. Tencent sits at the top of GlobalData’s gaming software thematic scorecard, […]
Sentiments decline for FAANG, yet Netflix has a silver lining
A slip in net income and revenue driven by lockdowns during the quarter affected most of FAANG’s sentiments, says GlobalData, a leading data and analytics company. According to Globaldata’s Filing Analytics platform, sentiment scores for Facebook, Amazon and Google declined by more than 20% in Q1 2020 (compared to Q4 2019), while Netflix, witnessed only […]