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Technology

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. […]
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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 […]
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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 […]
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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 […]
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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 […]
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South Korea’s IPTV service revenue to grow at CAGR of 4.4% between 2019 and 2024, says GlobalData

South Korea’s Internet Protocol television (IPTV) revenue is set to grow at a compound annual growth rate (CAGR) of 4.4% for the period 2019-2024, according to GlobalData, a leading data and analytics company. An analysis of GlobalData’s Asia-Pacific Fixed Communications and Pay-TV Forecast Packs reveal that South Korea’s IPTV service revenue will reach US$ 3.8bn. […]
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ICT spending in India will reach US$144bn in 2023, says GlobalData

Driven by the increased adoption of IT services across various verticals, the overall information and communications technology (ICT) spending in India is estimated to grow at a compound annual growth rate (CAGR) of 7.2% from around US$101bn in 2018 to US$144bn in 2023, says GlobalData, a leading data and analytics company. The services segment is […]
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