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GlobalData

Technology

COVID-19 leaves consumer electronics at the mercy of supply chains and dampened demand

The coronavirus (COVID-19) is by far the most significant theme to affect the technology industry in 2020. It will put incredible strain on the world economy, which will be effectively halted for three months or more. Many companies will not survive this initial phase. Almost all others will suffer significant drop in revenues, says GlobalData, a leading data and analytics company. GlobalData published a fully revised report, […]
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Coronavirus offers telcos’ time to shine, but represents significant operational challenges, says GlobalData

The coronavirus (COVID-19) is by far the most significant theme to affect the technology industry in 2020, however, the telecom sector is reasonably insulated from the crisis as reliable connectivity becomes the critical commodity for home-working, home-schooling and local and national crisis management systems. As standard regulation and business practices give way to national emergency […]
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Apple falls from No. 4 to No. 14 in GlobalData’s consumer electronics thematic scorecard because of COVID-19

As the world enters lockdown, there will be many consequences for the tech, media and telecoms (TMT) industry. Some will fare relatively well in the short term, for example collaboration software vendors and cloud services providers. Others – particularly IT infrastructure companies – may bounce back after overcoming short-term supply chain issues. But some sectors […]
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Portugal’s telecom regulator to auction frequency bands for 5G before June

With Portugal’s regulator ANACOM planning to allocate 5G spectrums in 2020 and major mobile network operators (MNOs) such as NOS and Vodafone Portugal already engaged in technical trials, GlobalData, a leading data and analytics company, expects commercial 5G to launch in 2020. GlobalData’s report, ‘Portugal Mobile Broadband Forecast’, reveals that Portugal’s mobile 5G subscriptions will […]
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Vocus partners with Zoom as demand for remote working soars due to Covid-19, says GlobalData

Australia-based specialist fiber and network solutions provider Vocus’ partnership with unified communications platform vendor Zoom Video Communications is timely as demand for video and team collaboration tools is strong due to companies implementing remote working to cope with the Covid-19 situation, says GlobalData, a leading data and analytics company. Reportedly, Vocus agreed to resell Zoom […]
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Global coronavirus crisis could alter data privacy, says GlobalData

Following the news that the US Government is in talks with tech companies such as Facebook and Google about how to use smartphone location data to combat the novel coronavirus (COVID-19); Lynnette Luna, Principal Analyst at GlobalData, a leading data and analytics company, offers her view: “Big tech companies have been under fire for their monetization […]
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ICT spending in Malaysia to reach US$25.2bn 2023, says GlobalData

The information and communication technology (ICT) market in Malaysia is set to grow at a compound annual growth rate (CAGR) of 8.9% between 2019 and 2023.This growth from 2018 US$16.5bn to US$25.2bn in 2023, will mainly be supported by the rising adoption of ‘client computing’ and ‘cloud computing’, says GlobalData, a leading data and analytics […]
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ICT spending in Saudi Arabia will reach US$46.6bn by 2023

ICT spending in Saudi Arabia is set to grow at a compound annual growth rate (CAGR) of 9.2% between 2019 and 2024, to reach US$46.6bn, says GlobalData, a leading data and analytics company. The growth in ICT spending will be primarily driven by increased spending by enterprises in client computing and cloud computing technologies during the […]
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ICT spending in UAE will reach US$23bn by 2024, says GlobalData

The United Arab Emirates (UAE) continues to be among the most attractive ICT markets in the Middle East, driven by digitalization initiatives and aided by the increased adoption of leading technologies such as cloud, big data analytics, internet of things (IoT) and artificial intelligence (AI). As a result, ICT spending in the UAE is estimated […]
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ICT spending in Kuwait will reach US$10.1bn by 2024

ICT spending in Kuwait is estimated to grow at a compound annual growth rate (CAGR) of 10.2% between 2019 and 2024, reaching US$10.1bn by 2024. Growth will be driven by the increasing adoption of advanced technologies including artificial intelligence (AI), big data, cloud computing and Internet of Things (IoT), according to GlobalData, a leading data and analytics company. Anshuma Singh, Technology Analyst at GlobalData, comments: “Kuwait Government’s continued emphasis on the digital transformation of both public […]
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ICT spending in Qatar will reach US$9bn in 2024

ICT spending in Qatar is set to grow at a compound annual growth rate (CAGR) of 9.2% during the period 2019-2024, to reach US$9bn by 2024. Growth will be moved forward by the development of large-scale, infrastructure-driven and government-led projects in the transportation, energy and construction sectors, says GlobalData, a leading data and analytics company. GlobalData predicts […]
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ICT spending in Oman will reach US$5.6bn in 2024

ICT spending in Oman is estimated to grow at a compound annual growth rate (CAGR) of 11.3% from around US$3.2bn in 2019 to US$5.6bn in 2024. Growth will be driven by e-governance and related supporting framework policies, as well as a rise in e-commerce and on-going developments in cloud services, says GlobalData, a leading data […]
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Dorsey’s deal a test of Twitter’s character

A deal between Twitter CEO Jack Dorsey and rebel investment firms Silver Lake and Elliot Management has saved Dorsey’s position at the company. It follows Dorsey’s decision to reconsider plans to move temporarily to Africa to explore investment opportunities. Oliver Lockett, Analyst in the Thematic Research Team at GlobalData, a leading data and analytics company, […]
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