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Now would be a good time for IT service providers (ITSP) to promote the digital transformation initiatives that they have been endorsing for a while, says GlobalData, a leading data and analytics company. Rena Bhattacharyya, Service Director at GlobalData, comments: “At the onset of the crisis, most ITSPs made the appropriate and generic statements that […]
COVID-19 has brought cloud services to the forefront, says GlobalData
An unplanned, widespread move to home-working would have brought businesses to a grinding halt had large investments in cloud computing not been made over the last ten years, says GlobalData, a leading data and analytics company. The company’s latest report, COVID-19 Impact on Cloud Services, reveals that the investment could now pay an unexpected dividend […]
Mobile data revenue in Vietnam to grow at 5.9% CAGR over 2019-2024, says GlobalData
Mobile data services revenue in Vietnam is poised to grow at a compound annual growth rate (CAGR) of 5.9% between 2019 and 2024, driven by steady rise in mobile Internet subscriptions, growing consumption of mobile data services and the subsequent increase in average revenue per user (ARPU) from data, according to GlobalData, a leading data […]
Investment in key themes is driving Activision Blizzard’s revenue growth, says GlobalData
Following the news that Activision Blizzard reported 21% revenue growth in Q1 2020; Rupantar Guha, Senior Analyst for Thematic Research at GlobalData, a leading data and analytics company, offers his view: “Activision Blizzard’s strong performance in Q1 2020 is a reflection of its leadership position in key themes impacting the gaming industry, including game development, […]
Interest in esports is booming amid COVID-19, says GlobalData
Esports is the fastest growing theme in the gaming sector. These organized multiplayer video game competitions have enjoyed spectacular growth over the last decade, with thousands of fans filling stadiums to watch live events and millions following them on streaming platforms. Although esports currently caters to a niche audience – almost 10% of the global […]
Big Tech to take an ever-larger piece of the cloud computing pie, says GlobalData
Big tech cloud vendors have seen a week of positive results, with companies such as Microsoft, Amazon and Google reporting cloud revenue increases of over 30%. As the virus accelerates cloud adoption, it is big tech that will reap the benefits at the expense of smaller providers, says GlobalData, a leading data and analytics company. […]
COVID-19 may trigger renewed anti-trust scrutiny of Amazon
COVID-19 has highlighted Amazon’s crucial role in delivering critical supplies, but it has also brought attention to ecommerce giant’s competitive conduct into the spotlight, says GlobalData, a leading data and analytics company. It has been claimed that Amazon’s algorithms were favouring certain own-brand products over those from third-party sellers, Laura Petrone, Senior Analyst at GlobalData, […]
Pay-TV revenues in Vietnam to decline at 3.4% CAGR over 2019-2024, says GlobalData
The total pay-TV service revenues in Vietnam is projected to decline at a compound annual growth rate (CAGR) of 3.4% between 2019 and 2024, primarily due to steady drop in cable and direct-to-home (DTH) subscriptions along with falling average revenue per user (ARPU) levels over the forecast period, according to GlobalData, a leading data and […]
Nintendo will struggle to escape COVID-19 woes, says GlobalData
Following today’s earnings results for Nintendo; Rupantar Guha, Senior Analyst for Thematic Research at GlobalData, a leading data and analytics company, offers his view: “While Nintendo’s results for the three months to the end of March were good, its outlook is uncertain because of delays to software development and console production. This uncertainty is reflected […]
Fixed broadband segment to drive Vietnam’s fixed service market revenue over next five years, says GlobalData
The total fixed services revenue in Vietnam is expected to grow at a compound annual growth rate (CAGR) of 0.9% from US$1.5bn in 2019 to US$1.6bn in 2024, supported by the steady rise in the adoption of fixed broadband services, according to GlobalData, a leading data and analytics company. GlobalData’s Vietnam Telecom Operators Country Intelligence […]
Disney’s streaming gains do not save it from COVID-19 woes, says GlobalData
Following the announcement of Disney’s earnings; Danyaal Rashid, Thematic Analyst at GlobalData, a leading data and analytics company, offers his view on the impact of COVID-19 on Disney: “Disney’s streaming business is performing at an all-time high but the company is being held back by its physical assets as a consequence of COVID-19. GlobalData has, […]
Fitbit a data privacy nightmare for the White House
As news that Fitbit has held discussions with the White House to discuss how its devices and user data could be used for social distancing and coronavirus symptom trackers to help monitor public health; Oliver Lockett, Analyst at GlobalData, a leading data and analytics company, offers his view: “If agreed, Fitbit’s deal with the US […]
APAC pay-TV penetration to stagnate through 2024 due to cord-cutting in developed markets, says GlobalData
Healthy subscription growth across emerging markets will be offset by slower growth or decline in pay-TV subscriptions in developed markets, causing household pay-TV penetration in the entire Asia-Pacific (APAC) region to stagnate at 66% through 2019-2024, says GlobalData, a leading data and analytics company. Emerging APAC markets like Indonesia, the Philippines and Thailand with low […]
COVID-19 drives digital transformation for ASEAN enterprises
COVID-19 is driving digital transformation for enterprises in the Southeast Asia region (ASEAN) and will open up wider opportunities for carriers and service providers, says GlobalData, a leading data and analytics company. Alfie Amir, Senior Analyst at GlobalData, comments: “A large majority of ASEAN enterprises still rely on traditional information communication technology (ICT) such as […]
Telefónica tie-up with Virgin Media would signal seismic shift in UK multiplay market
Following the news that Telefónica has confirmed the current discussions with Liberty Global regarding a potential integration of their respective UK telecommunications businesses, O2 UK and Virgin Media; Natasha Rybak, Principal Analyst at GlobalData, a leading data and analytics company, offers her view on the potential merger’s impact on the UK multiplay market; “Telefónica’s talks […]
Banks will weather COVID-19 storm with robust, agile IT, says GlobalData
It is essential that banks continue to develop a supporting IT infrastructure that maximizes agility and flexibility, as well as taking advantage of online banking if they are to weather the COVID-19 storm, says GlobalData, a leading data and analytics company. Chris Drake, Principal Analyst at GlobalData, comments: “Several major banks have recently announced plans […]
COVID-19 will have a neutral impact on Spotify’s performance over the next 12 months
Following the news that Spotify has gained six million subscribers in the first quarter of 2020; Wafaa Hassan, Thematic Analyst at GlobalData, a leading data and analytics company, offers her view: “Spotify increased monthly active users by 31% in the first three months of 2020, but it faces challenges ahead due to the COVID-19 crisis. […]
US wireless networks offer plans to lure key workers from rivals during COVID-19 pandemic
Wireless operators in the US are attempting to poach rivals’ customers via highly targeted offers that resonate particularly well amid the current COVID-19 pandemic, says GlobalData, a leading data and analytics company. Tammy Parker, Senior Analyst at GlobalData, comments: “With typical shopping behaviors – and likewise typical network switching behaviors – being disrupted due to […]
COVID-19 will make 2020 a tough year for application software companies, says GlobalData
Application software companies will have a tough 2020 as the COVID-19 pandemic slows the licensing of software products, says GlobalData, a leading data and analytics company. The company’s latest report, COVID-19 Impact on Application Software, reveals that the continued fallout from the pandemic will undermine companies’ and industries’ propensity to buy, delay product launches, and […]
For component makers, recovery from COVID-19 is likely to be some way off
The disruption caused by COVID-19 on component makers mean it will be a challenging environment for consumer electronics and the automotive industry for the rest of 2020, says GlobalData, a leading data and analytics company. GlobalData’s recent report, ‘COVID-19 Impact on Component Makers – Thematic Research‘, reveals that economic shutdowns, starting in China and subsequently […]