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The total telecom and pay-TV services revenue ($US) in the Philippines is set to grow at a compound annual growth rate (CAGR) of 4.09% between 2019 and 2024, mainly supported by the rising adoption of mobile data and fixed broadband, says GlobalData, a leading data and analytics company. According to GlobalData’s Fixed Communications, Mobile Broadband […]
Companies are still failing to take adequate steps against cyber threats
The last week has seen cyber hacks or data breaches at Tesco, Boots, and Virgin Media hit the headlines. The breaches follow a continued pattern of organizations failing to take the necessary steps to thwart cyberattacks and to adequately protect their customers’ data. In the case of Boots and Tesco, hackers targeted customer loyalty accounts. […]
ICT spending in Bahrain to reach US$2.1bn by 2024
IT spending in Bahrain is estimated to grow at a compound annual growth rate (CAGR) of 8.6% from US$1.4bn in 2019 to US$2.1bn in 2024, driven by liberal business policy and advanced infrastructure, says GlobalData, a leading data and analytics company. Energy and BFSI will be the sectors witnessing the fastest growth during the period, […]
Singapore pay-TV revenues to decline at 2.5% CAGR due to increasing adoption of OTT services, says GlobalData
The total pay-TV revenues in Singapore are expected to decline at a compound annual growth rate (CAGR) of 2.5% from US$339m in 2019 to US$298.6m in 2024, due to the falling cable and Internet Protocol television (IPTV) subscriptions as the adoption of over-the-top (OTT) services for video content continues to increase in the country, according […]
Singapore’s fixed market revenue to grow at 2.5% CAGR between 2019 and 2024, says GlobalData
The total fixed services revenue in Singapore is expected to increase at a compound annual growth rate (CAGR) of 2.5% from US$1.4bn in 2019 to US$1.6bn in 2024, driven by revenue growth in the fixed broadband segment on the back of steady rise in the adoption of fiber-to-the-home (FTTH) subscriptions and growing broadband average revenue […]
Thailand’s pay-TV services revenues to decline marginally between 2019 and 2024, says GlobalData
The total pay-TV services revenue in Thailand is expected to decline at a compound annual growth rate (CAGR) of 0.2% between 2019 and 2024, due to the declining pay-TV average revenue per user (ARPU), significant drop in cable subscriptions and growing substitution to on-demand content and video applications, according to GlobalData, leading data and analytics […]
Battle for supremacy set to intensify with APAC countries joining quantum computing bandwagon, says GlobalData
Investments in quantum computing so far have been primarily led by the US and a few other European countries such as the UK, the Netherlands and France. However, with a host of countries from the Asia-Pacific (APAC) region showing keen interest and pledging significant investments, the quest for quantum computing supremacy is set to gather […]
Tech giants eye SME segment to tap India’s cloud services market, says GlobalData
The recent partnerships announced by global tech giants Microsoft and Google with Indian telcos Bharti Airtel (Airtel) and Reliance Jio Infocomm Limited (Jio), respectively, to offer cloud services to small and medium enterprises (SMEs) indicate a strong inclination of technology firms to tap the growing Indian cloud services market, says GlobalData, a leading data and […]
Salesforce further strengthens its vertical-specific CRM capabilities through Vlocity acquisition
Following the news that Salesforce has acquired Vlocity in an all-cash deal worth US$1.33bn, Sunil Kumar Verma, Lead ICT Analyst at GlobalData, a leading data and analytics company, offers his view: “Salesforce will be able to leverage Vlocity’s capabilities to further strengthen its platform offerings and enhance its presence across key industry verticals, where Vlocity has its customer base. “Indeed, Vlocity has a strong presence across several verticals, which include energy, health, insurance, utility, government organizations, […]
Tech, media and telecoms predictions for 2020
Leading data and analytics company GlobalData has revealed its predictions for 2020 across the technology, media and telecoms (TMT) industry. The company’s latest thematic research report, ‘TMT Predictions 2020’, identifies the top 20 themes impacting the TMT sector this year and, for each theme, offers a series of predictions and identifies the likely winners and losers. […]
RSA cyber conference must tackle growing network risks
The RSA cybersecurity conference, which started in San Francisco yesterday, will discuss the growing number and increasing complexity of threats impacting organizations. High on the agenda will be the security of industrial information technology (IT) and operational technology (OT) networks after news of a ransomware attack on a US natural gas compression facility raised concerns […]
Singapore M2M/IoT revenue expected to grow at CAGR of 14.78%, forecasts GlobalData
Revenue from machine-to-machine (M2M)/Internet of Things (IoT) in Singapore is set to grow at a compound annual growth rate (CAGR) of 14.78% between 2019 and 2024, according to GlobalData, a leading data and analytics company. The M2M/IoT penetration of the population is expected to grow from 15.10% in 2019 to 16.84% by the end of […]
Apple lowering revenue guidance due to coronavirus is no reason to panic, says GlobalData
Following the news that Apple does not expect to meet its revenue guidance for the March quarter; Lynnette Luna, Principal Analyst at GlobalData, a leading data and analytics company, offers her view on Apple’s current challenges: “Apple lowered its revenue guidance because of the coronavirus’s impact on both production and sales in China, where most […]
India’s banking sector to see increased use of blockchain technology in 2020 and beyond, says GlobalData
With several leading banks proactively investing in blockchain platforms as part of their digital transformation initiatives, the Indian banking sector is set to witness growth in the mainstream use of blockchain technology in 2020 and beyond, says GlobalData, a leading data and analytics company. ICICI Bank, Axis Bank and Yes Bank, which have been at […]
Problems are opportunities for communications and collaboration vendors in China amidst coronavirus outbreak, says GlobalData
While the Chinese Government continues to scuffle with the coronavirus outbreak and find a remedy, the situation has provided a formidable product pitching background for the leading technology vendors offering communications and collaboration services, says GlobalData, a leading data and analytics company. All the sectors are currently feeling the impact of the coronavirus, with manufacturing […]
HP will attempt to prove to shareholders there is no need for takeover, says GlobalData
Following the news that Xerox Holdings Corporation is raising its offer to US$24 per share to acquire HP; Aurojyoti Bose, Lead Analyst at GlobalData, a leading data and analytics company, offers his view: “Following months of HP’s repeated rejections of any buy-out offers, Xerox has announced raising its takeover offer in a new move to […]
Government’s broadband initiatives to drive New Zealand’s fixed market revenue between 2019 and 2024, says GlobalData
The total fixed services revenue in New Zealand is expected to increase at a sluggish compound annual growth rate (CAGR) of 0.8% during 2019-2024, according to GlobalData, a leading data and analytics company. The revenue growth in the fixed broadband segment will be driven by steady adoption of fiber-to-the-home (FTTH) Ultra-Fast Broadband services, which will […]
Thailand’s fixed telecom services market to grow at CAGR of 5.6% between 2019 and 2024, says GlobalData
The total fixed telecom services revenue in Thailand is expected to grow at a compounded annual growth rate (CAGR) of 5.6% between 2019 and 2024, led by growth in the fixed broadband service segment, according to GlobalData, a leading data and analytics company. GlobalData’s Thailand Telecom Operators Country Intelligence Report predicts that while fixed voice […]
Mobile data services segment will drive New Zealand’s telecom market over next five years, says GlobalData
Widespread penetration of smartphones and steady rise in the adoption of 4G services, particularly for high-bandwidth mobile video and social media content, will continue to boost New Zealand’s telecom market between 2019 and 2024, according to GlobalData, a leading data and analytics company. GlobalData’s New Zealand Telecom Operators Country Intelligence Report predicts that while mobile […]
Tech sector must get used to reality of new EU relationship
The tech sector will have to get used to more trade friction as a result of Britain’s changing relationship with the EU, according to GlobalData, a leading data and analytics company. David Bicknell, principal analyst for GlobalData’s Thematic Research team, said: “The UK tech sector, which would have preferred close alignment with the EU, will have to get used to the post-Brexit political reality. On paper, nothing will change in 2020, but there will be uncertainty as tech companies fret about whether […]