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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. […]
Windows 7’s end of life offers big opportunity for Microsoft and PC manufacturers in Asia, says GlobalData
With Windows 7 all set to fade into oblivion as an unsupported and vulnerable operating system (OS) to security risks on 14 January 2020, Windows 10 provides a big opportunity for Microsoft and PC manufacturers in Asia, says GlobalData, a leading data and analytics company. According to GlobalData, the market for new PCs in Asia […]
Asia-Pacific will lead 5G technology adoption by 2024, says GlobalData
Asia-Pacific (APAC) will be the leading region in terms of 5G technology adoption with 1.14 billion subscribers, accounting for 65% of global 5G subscriptions by 2024, says GlobalData, a leading data and analytics company. An analysis of GlobalData’s Asia Pacific Mobile Broadband Forecast Pack reveals that APAC will be the largest region followed by North […]
M2M/IoT connections in Australia to grow at CAGR of 11% between 2019 and 2024, says GlobalData
Smart homes, autonomous vehicles, smart cities, industrial Internet of Things (IoT) and smart healthcare are set to drive the growth of machine to machine (M2M)/IoT connections at a compound annual growth rate (CAGR) of 11% between 2019 and 2024 in Australia, according to GlobalData, a leading data and analytics company. An analysis of GlobalData Fixed […]
Technological innovations to shape UK health and social care in 2020
Last year was an eventful year in the world of UK health and social care, capped off with a Conservative general election win that sets to shape the industry amidst the looming uncertainty of Brexit. As we enter a new decade, 2020 is poised to be even more eventful with the structural landscape shifting, technological […]
Data center and hosting services poised to be attractive revenue opportunity in India, says GlobalData
The data center and hosting services market in India is estimated to grow at a compound annual growth rate (CAGR) of 5.5% between 2018 2023 to reach US$2.5bn, says GlobalData, a leading data and analytics company. According to GlobalData’s Market Opportunity Forecasts Model, the growth will primarily come from application hosting and data center services, […]
India to become US$2.3bn revenue market for CRM offerings in 2023, says GlobalData
The overall spending on customer relationship management (CRM) in India is set to reach about US$2.3bn in 2023, says GlobalData, a leading data and analyst firm. According to GlobalData’s Market Opportunity Forecasts Model, the spending on CRM BPO services will account for a major portion (three-fourths) of the revenue while CRM applications will account for […]
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 […]
Xerox inches closer to completing HP acquisition following funding commitment
Following the news that Xerox Holdings Corporation has received US$24bn funding commitments for the acquisition of HP; Aurojyoti Bose, Lead Analyst at GlobalData, a leading data and analytics company, offers his view: “After months of uncertainty, Xerox has moved towards its acquisition bid for HP. Xerox has confirmed US$24bn funding commitments from Citi, Mizuho and […]
IoT revenue to more than double in Middle East and Africa by 2023, says GlobalData
Interest in the Internet of Things (IoT) is gaining momentum in Africa and the Middle East (AME) region. Stakeholders are exploring and identifying key areas of growth despite IoT still being in early stages of uptake throughout a number of verticals, says GlobalData, a leading data and analytics company. The company’s latest report, ‘Telco IoT […]
Decline in mobile and fixed voice revenue to drag South Korea’s telecom & pay-TV market growth during 2019-2024, says GlobalData
The total telecom and pay-TV services revenue in South Korea is expected to decline at a compound annual growth rate (CAGR) of 0.3% in between 2019 and 2024. Growth in mobile data, fixed broadband and pay-TV segments’ revenues will however fail to offset steady decline in revenues from mobile voice, messaging and fixed voice segments, […]
Fixed and mobile broadband to drive Singapore telecom growth between 2019 and 2024, says GlobalData
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 […]
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 […]
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 […]
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 […]