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The total telecom and pay-TV services revenue in Singapore is expected to increase at a compound annual growth rate (CAGR) of 3.0% between 2019 and 2024, supported by revenue growth in mobile data and fixed broadband segments, according to GlobalData, a leading data and analytics company. GlobalData’s Singapore Telecom Operators Country Intelligence Report predicts that […]
Successful fundraising paves way for Ruangguru to become edtech leader in Southeast Asia, says GlobalData
Following the news that Indonesia-based education technology (edtech) startup Ruangguru raised US$150m in Series C funding; Aurojyoti Bose, Lead Analyst at GlobalData, a leading data and analytics company, offers his view: “Edtech is a hotbed for innovation in emerging countries and investors are seeing it as a promising area. However, only a few edtech companies […]
APAC business process applications market will surpass US$93bn in 2023, says GlobalData
The IT market globally continues to witness growth, resulting in the development of application packages to cater to the growing demands of the enterprises. As a result, the Asia-Pacific (APAC) business process applications market revenue is estimated to reach US$93.2bn by 2023, says GlobalData, a leading data and analytics company. According to GlobalData’s Market Opportunity […]
5G radios more than doubled in 2019, says GlobalData
The number of mobile-network radio units supporting 5G on the market more than doubled in 2019, according to GlobalData, a leading data and analytics company. In aggregate, the number of 5G radio units offered by the market’s five leading vendors – Ericsson, Huawei, Nokia, Samsung and ZTE – grew 112% in 2019, from 272 products […]
IT contracts worth US$48.5bn up for renewal in APAC over next five years, says GlobalData
As more than 1,400 information technology (IT) contracts worth an estimated US$48.5bn in the Asia-Pacific (APAC) region are set to expire between 2020 and 2024, both clients and vendors should adopt a collaborative approach to share risk outcomes, suggests GlobalData, a leading data and analytics company. An analysis of GlobalData’s ‘IT Services Contracts Database’ reveals […]
Managed mobility to be prime driver of enterprise mobility in APAC over next four years, says GlobalData
Technological advancements in the connectivity solutions continue to eliminate accessibility barriers between individuals and enterprises within a broader existing digital ecosystem. The influx of connected devices has resulted in increased complexities for enterprises to manage devices connected to their network. As a result, managed mobility is expected be a major revenue driver for the overall […]
Affordable 5G phones will soon be a reality
Currently, 5G phones on the US market are priced at a premium; a majority cost over $1,000. However, this is set to change as chipmakers roll out technology that will allow for cheaper 5G phones, taking the technology closer to mainstream support in 2020, says GlobalData, a leading data and analytics company. Along with evolving network […]
China and low-end servers to continue their supremacy in APAC server market, says GlobalData
The Asia-Pacific (APAC) region has emerged as the preferred outsourcing destination for the global enterprises. Amidst this background, low-end servers and China, backed by the presence of regional server giants, will dominate the APAC server market through 2023, says GlobalData, a leading data and analytics company. According to GlobalData’s Market Opportunity Forecasts Model, China will continue […]
APAC to account for one-third of global server market in 2023, says GlobalData
The Asia-Pacific (APAC) server market is poised to grow at a compound annual growth rate (CAGR) of 6.1% between 2018 and 2023, and account for nearly one-third of global market, says GlobalData, a leading data and analytics company. According to GlobalData’s Market Opportunity Forecasts Model, APAC is set to be the largest region with US$33.8bn server […]
APAC to drive global virtual reality market through 2030, says GlobalData
As enterprises in the Asia-Pacific (APAC) region are keen on embracing emerging technologies like augmented reality (AR) and virtual reality (VR), the region is set to drive the global VR market between 2018 and 2030, says GlobalData, a leading data and analytics company. GlobalData’s Market Opportunity Forecasts Model on VR reveals that the global VR […]
China to lead data center and hosting market growth in APAC through 2023, says GlobalData
China is set to lead the Asia-Pacific (APAC) data center and hosting market with 36% share in the region’s overall estimated revenue in 2023, says GlobalData, a leading data and analytics company. According to GlobalData’s Market Opportunity Forecasts Model, the data center and hosting market revenue in China is estimated to reach US$11.5bn in 2023. […]
APAC to emerge as second largest data center and hosting market by 2023, says GlobalData
With a significant number of companies expanding to serve their global client base, the Asia-Pacific (APAC) region is set to witness a strong growth in terms of data center and hosting services revenue. Against this backdrop, the market is estimated to reach around US$32bn by 2023, behind only to North America, says GlobalData, a leading […]
Cisco ‘Internet for the Future’ is a potential game changer
Following Cisco’s ‘Internet for the Future’ announcement; Glen Hunt, Principal Analyst at GlobalData, a leading data and analytics company, offers his view on Cisco’s announcement and its effects on Cisco, its customers, and the market: “Cisco’s “Internet for the Future” strategy is backed up by a combination of new high-performance silicon, a cloud friendly operating […]
APAC to become highest mobility revenue contributing region globally in 2023, says GlobalData
Mobility services are poised to emerge as a dominant and strategic element for enterprises in the Asia-Pacific (APAC) region. As a result, APAC is estimated to have the highest mobility spending among all the regions in 2023, says GlobalData, a leading data and analytics company. According to GlobalData’s Market Opportunity Forecasts Model, enterprise mobility services […]
Human resources BPO to drive the overall BPO market growth in APAC by 2023, says GlobalData
Human resources business process outsourcing (HR BPO) will emerge as the largest segment with nearly 32% share and drive the overall BPO market in the Asia-Pacific (APAC) region by 2023, says GlobalData, a leading data and analytics company. According to GlobalData’s Market Opportunity Forecasts Model, HR BPO segment in the APAC region is set to […]
APAC business process outsourcing market set to grow at CAGR of 10% between 2018 and 2023, says GlobalData
Asia-Pacific (APAC) continues to be a vibrant market for business process outsourcing (BPO) space, owing to the increasing number of contact centers in the region. Against this backdrop, the overall BPO market in the region is estimated to grow at a compound annual growth rate (CAGR) of 10% between 2018 and 2023 to reach US$120.4bn, […]
China, Japan and India potential markets for networking vendors in APAC through 2023, says GlobalData
China, Japan and India are the potential markets for revenue opportunity in the Asia-Pacific (APAC) region for networking vendors through 2023, says GlobalData, a leading data and analytics company. According to GlobalData’s Market Opportunity Forecasts Model, China along with Japan and India will account for nearly 72% of the overall networking revenue, whereas China alone […]
Fixed broadband service revenue in Latin America to reach US$28.1bn in 2024 in Latin America, says GlobalData
Total fixed service revenue will reach US$35.3bn by the end of 2019, representing flat growth over 2018 due to ongoing fixed-voice revenue losses. Over the next five years, fixed broadband service revenue will grow at a CAGR of 4.3%, from US$22.8bn in 2019 to US$28.1bn in 2024. Growth will be mainly driven by the increased […]
Kubernetes threatens to outshine app platforms players’ dominance in app modernization solutions in 2020, says GlobalData
Kubernetes is the new DevOps, handily helping infrastructure vendors guide enterprises into new containerization opportunities through operational provisioning, a role which threatens to outshine app platforms players’ dominance in app modernization solutions, says GlobalData, a leading data and analytics company. Under Kubernetes’ growing prominence and the technology’s emphasis on easing operational provisioning associated with microservices […]
Malaysia’s mobile data traffic will grow at CAGR of 10.18% between 2019 and 2024, forecasts GlobalData
Malaysia’s mobile data traffic is projected to grow at a compound annual growth rate (CAGR) of 10.18% from 4.6 million terabyte (TB) in 2019 to 7.5 million TB by the end of 2024 due to increase in smartphone subscriptions and rise in data consumption led by 4G subscribers, forecasts GlobalData, a leading data and analytics […]