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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 […]
India’s Union Budget 2020 provides strong initiatives for technology sector to remain on track for US$5 trillion economy by 2025, says GlobalData
The Indian Union Budget 2020 presented by the country’s Finance Minister Nirmala Sitharaman delivers a host of initiatives to boost the growth of the technology sector, which is a key component of the Narendra Modi government’s target of turning India into a US$5 trillion economy by 2025, says GlobalData, a leading data and analytics company. […]
Coronavirus outbreak can drastically impact the technology road map for 2020, says GlobalData
The coronavirus outbreak is now entering a crucial phase with the WHO declaring it as a global health emergency. While the economic impact of the outbreak will be dependent on how long it ultimately lasts, its impact on technology markets across the world is already beginning to come to the fore, says GlobalData, a leading […]
UK attempts to find middle ground over ‘high-risk vendor’ concerns
Following the UK’s decision to impose new restrictions on ‘high-risk vendors’; Glen Hunt, Principal Analyst at GlobalData, a leading data and analytics company, offers his view: “The pronouncement by the UK Government marks an uneasy compromise over how to deal with ‘high-risk vendors’ (HRVs) participating in the country’s future 5G networks. “The deal attempts to address pressure from the US Government to impose an outright ban by keeping vendors such as Huawei from […]
Huawei’s UK ambitions have been clear since 2003, says GlobalData
Huawei, at the centre of controversy over the UK’s 5G network, has not become a leading telecom equipment provider to the UK overnight. It has been steadily increasing its involvement in UK technology infrastructure for nearly 20 years. David Bicknell, principal analyst for the GlobalData Thematic Research Team, comments: “Huawei’s importance to the UK’s critical […]
Hybrid cloud services to drive APAC enterprise cloud services revenue to US$256bn by 2023, says GlobalData
The marketplace for enterprise cloud computing related services in Asia-Pacific (APAC) is forecast to grow at a compound annual growth rate (CAGR) of 19% from US$107.6bn in 2018 to US$256.4bn in 2023, according to GlobalData, a leading data and analytics company. The company’s latest report, ‘Cloud Computing in Asia Pacific: Telco Cloud Offers, Best Practices […]
Sustainability is the top theme for 2020
In 2020, sustainability will be the most important theme discussed in corporate boardrooms worldwide, according to GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Sustainability – Thematic Research’, states that public anger at the lack of action on climate change, corruption, income inequality, tax avoidance, and other social ills makes it harder for chief […]
Thailand mobile services revenue to grow at CAGR of 1.9% during 2019-2024, says GlobalData.
The total mobile services revenue in Thailand is expected to increase at a sluggish compound annual growth rate (CAGR) of 1.9% during 2019-2024, supported by the revenue growth in mobile data segments which will offset the decline in revenues from mobile voice and messaging segments, according to GlobalData, a leading data and analytics company. GlobalData’s […]
New Zealand’s mobile service revenue set to reach US$1.7bn in 2024, says GlobalData
New Zealand’s mobile service revenue is forecast to grow at a modest compound annual growth interest rate (CAGR) of 2.7% from US$1.57bn in 2019 to US$1.7bn by 2024, primarily driven by increasing smartphone subscriptions, mobile data revenue and machine to machine (M2M)/Internet of Things (IoT) subscriptions, says GlobalData, a leading data and analytics company. According […]
Total telecom service revenue in Hong Kong set to reach US$5.7bn in 2024, says GlobalData
Growth in mobile data consumption and expansion of fixed broadband network coverage will drive the total telecom service revenue in Hong Kong to US$5.7bn by the end of 2024, says GlobalData, a leading data and analytics company. According to GlobalData’s Asia-Pacific Mobile Broadband Forecast Pack, the mobile data service revenue will account for major share […]