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Despite COVID-19 resulting in revenue pressures from slowing sales and consumer demand for new products, many major carriers say they still have the cash flow to move ahead with 5G deployments, says GlobalData, a leading data and analytics company. Lynnette Luna, Principal Analyst at GlobalData, comments: “No one can say for sure what impact the […]
COVID-19 offers short-term positive effect on gaming sector but is not a complete win for Sony, Microsoft and Nintendo
COVID-19 will have a short-lived positive impact on gaming, but not all companies will benefit. Sony is the most exposed, because games such as The Last of Us Part II and Iron Man VR have been delayed indefinitely, and the upcoming PS5 is expected to miss the holiday season in 2020, says GlobalData, a leading […]
Asia-Pacific region to be prime growth driver of global battery electric vehicles by 2030, says GlobalData
Despite the decline in passenger car sales across the globe owing to the coronavirus (Covid-19) outbreak, the Asia-Pacific (APAC) region is expected to lead the global battery electric vehicles (BEV) market over the next decade, says GlobalData, a leading data and analytics company. GlobalData’s Market Opportunity Forecasts Model estimates that despite the Covid-19 outbreak, the […]
COVID-19 is intensifying competition between collaboration specialists and tech giants
The COVID-19 pandemic has caused worldwide lockdowns, forcing millions of people to work remotely. Smaller companies providing collaborative tools are increasingly finding themselves battling the giants of the tech industry for prime position in a highly lucrative market, says GlobalData, a leading data and analytics company. Ella Benson Easton, Thematic Analyst at GlobalData, comments: “The […]
Microsoft 365 looks to monetize huge Windows 10 userbase in Asia, says GlobalData
Microsoft seems to have decided the way forward to monetize its massive userbase of one billion devices running on Windows 10, of which nearly 33% are estimated to be from the Asia-Pacific region. With employees undertaking remote working for an extended period owing to the coronavirus (Covid-19) outbreak, the Redmond giant is now betting on […]
Covid-19 underscores need for contact center resilency, says GlobalData
Coronavirus (Covid-19) has created many operational issues for businesses across the Asia-Pacific (APAC) region. While many B2C businesses across sectors such as retail, tourism, and transportation are struggling to stay afloat, they cannot ignore their customers during the crisis. Against this backdrop, the pandemic has underscored the need for contact center resiliency to be part […]
Orange Business Services shares top spot with NTT in APAC telecom cloud market, says GlobalData
Orange Business Services (OBS) has joined NTT Ltd as the co-leaders in the Asian telecom cloud market driven by its strong professional service capabilities combined with the continuous enhancements of its cloud portfolio and wide partner ecosystem, says GlobalData, a leading data and analytics company. According to GlobalData’s recent report, ‘Telco Cloud Services (Asia) Competitive […]
UK needs centralized pool of data to become life sciences leader
Becoming a global leader in life sciences has long been an ambition of Prime Minister Boris Johnson. The reasons behind his belief that this is possible include the vast amount of NHS clinical data, the sheer genetic diversity of the country and the academic powerhouses located both in and around the nation’s capital. Whilst the […]
Telcos expand insurance offerings due to COVID-19
Telco operators are offering new commerce services, primarily relating to insurance, in response to COVID-19, says GlobalData, a leading data and analytics company. Natasha Rybak, Principal Analyst at GlobalData, comments: “Many mobile operators with an interest in commerce are already leveraging insurance provisioning as an avenue for new revenue generation, customer relationship development and non-core business diversification.” The coronavirus pandemic can […]
3D printing playing vital role in fight against COVID-19
The 3D-printing industry is at the forefront of the manufacturing effort against COVID-19, says GlobalData, a leading data and analytics company. 3D-printing companies around the world, from start-ups to industrial giants, are creating urgently-needed parts, including face masks, hands-free door openers and valves for ventilators. They are even making 3D-printed micro-homes for quarantined coronavirus patients in China. The manufacturing effort by the 3D printing industry has resulted in GlobalData awarding […]
Tech rivals collaborate on blockchain to combat COVID-19
In response to COVID-19, technology companies have ramped up collaborations on innovative technologies such as blockchain, says GlobalData, a leading data and analytics company. Charlotte Dunlap, Principal Analyst at GlobalData, comments: “The industry can no longer afford to wait several years for new market segments such as blockchain to take off.” The dire nature of […]
Consumer electronics production and shipping is vital, says GlobalData
When COVID-19 broke out in China, the country was quick to slow down its production, eventually ceasing all manufacturing as the country went into lockdown. This had a drastic effect on supply chains across the world, as many industries, including the consumer electronic sector, are heavily reliant on components that are manufactured in China and could no longer access these […]
COVID-19 has stunted chip demand
In the space of three months, the backdrop for the semiconductor sector has changed, but long-term issues remain and must be solved, says GlobalData, a leading data and analytics company. David Bicknell, Principal Analyst, Thematic Research at GlobalData, comments: “The COVID-19 pandemic will shrink worldwide end-user demand for everyday products powered by semiconductors. COVID-19’s impact also means much of the industry is […]
Artificial intelligence revenue in APAC to surpass US$29bn in 2024, says GlobalData
Governments across the Asia-Pacific (APAC) region are attempting to benefit from the wave of digital disruption by leveraging artificial intelligence (AI) capabilities. Against this backdrop, supportive government policies are expected to drive the AI platform revenues in APAC to US$29.3bn in 2024, says GlobalData, a leading data and analytics company. An analysis of GlobalData’s Market […]
COVID-19 crisis will make drones an everyday technology
The use of drones in response to COVID-19 will make technology part and parcel of today’s society, says GlobalData, a leading data and analytics company. Drones are already being used around the world as a law enforcement tool to order public back to their homes and disinfect public places. They are also starting to be […]
Slack and Zoom become essential business tools during COVID-19 crisis, says GlobalData
The unprecedented numbers of employees now working from home as a result of the COVID-19 pandemic has caused a 20 times increase in Zoom meetings since January 2020, demonstrating how collaboration software is now a crucial tool for business, says GlobalData, a leading data and analytics company. The coronavirus crisis has propelled collaboration software companies, […]
Social media attempts to tackle COVID-19 fake news on messaging platforms, says GlobalData
Amid the COVID-19 pandemic, billions of people around the world are relying on social media and messaging platforms to stay connected. Big tech has also donated millions of dollars in relief efforts and teamed up with medical organizations to disseminate accurate medical information about COVID-19. Services such as Facebook, once under fire for collecting personal […]
WeWork debacle portends a crisis for tech unicorns, says GlobalData
Last week, GlobalData predicted SoftBank would turn off WeWork’s funding. Following the announcement that WeWork is taking its biggest investor to court, after SoftBank withdrew a $3bn capital injection; Oliver Lockett, Thematic Analyst at GlobalData, a leading data and analytics company, offers his view on the company’s current challenges: “Many companies will not survive the COVID-19 shakedown. […]
Industrial automation is paying the price for failing to think big and invest bigger
The industrial automation sector was not in a great place before COVID-19 struck, having been slowed by flat capital expenditure and declining industrial production, says GlobalData, a leading data and analytics company. The virus has since closed factory after factory worldwide with workers sent home. The reality is that despite much hype over the years, advanced […]
GlobalData sees blockchain use cases emerging from communication service providers
Blockchain holds promise as an enabler for service providers for a wide range of internal and external (customer-facing) use cases, ranging from Internet of Things (IoT) and mobile device security, to payments, supply chain management, asset tracking and logistics. Retail, manufacturing and healthcare companies are the most likely industries to take advantage of these capabilities, but there are many companies that can benefit from the […]