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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 […]
Revenue from IoT related services will total $96bn in APAC by 2023, says GlobalData
The marketplace for Internet of Things (IoT) related services, which includes connectivity, devices and software and related services, is projected to exceed $96.3bn in sales by 2023, growing at a compound annual growth rate (CAGR) of 22.4% between 2018 and 2023, according to GlobalData, a leading data and analytics company. GlobalData’s research reveals that the […]
South Korea’s mobile data revenue to surpass US$15bn in 2024, says GlobalData
Favorable regulatory landscape, increasing machine to machine (M2M) and smartphone subscriptions, and the upcoming 5G technology are set to drive South Korea’s total mobile data revenue from US$13.9bn in 2019 to US$15.5bn in 2024, according to GlobalData, a leading data and analytics company. According to GlobalData’s Asia-Pacific Mobile Broadband Forecast Pack, the total number of […]
China to account for one-third of APAC cloud computing market by 2023, says GlobalData
With the increasing presence of ‘hyper-scale’ cloud providers in big data, analytics, artificial intelligence (AI) and Internet of Things (IoT), cloud has emerged as a compelling proposition for the enterprises and governments alike. Against this back drop, China is forecast to account for nearly one-third of the overall Asia-Pacific (APAC) cloud computing market by 2023, […]
APAC networking market revenue to reach US$145bn by 2023, says GlobalData
The enterprises in the Asia-Pacific (APAC) region continue to focus on digital transformation and increased collaboration amongst their workforce. Against this back drop, the overall network revenue in the APAC region is estimated to grow at a compound annual growth rate (CAGR) of 7.8% between 2018 and 2023 to reach US$145bn, says GlobalData, a leading […]
Mobile data to drive New Zealand telecom market through 2024, says GlobalData
Favorable regulatory environment and growing demand for mobile data is expected to drive the telecommunications market in New Zealand between 2019 and 2024, says GlobalData, a leading data and analytics company. Sree Venkatesh, Senior Analyst in Telecoms Market Data & Intelligence at GlobalData, says: “Fueled by growing popularity for smartphones, Internet of Things (IoT), machine-to-machine […]
Partnering with OTT players will help pay-TV businesses to improve profitability, says GlobalData
The amalgamation of over-the-top (OTT) content into pay-TV offerings will help pay-TV businesses to enhance their service proposition and drive revenue in the coming years, says GlobalData, a leading data and analytics company. According to GlobalData pay-TV Forecast Pack, the adoption rate of OTT video platforms is increasing across all geographies and has built pressure […]
Total mobile service revenue in China set to reach US$165bn in 2024, says GlobalData
Increase in the demand for mobile Internet connectivity and growing unique subscriber base is set to drive the total mobile service revenue in China from US$153bn in 2019 to US$165bn by the end of 2024, says GlobalData, a leading data and analytics company. According to GlobalData’s Asia-Pacific Mobile Broadband Forecast Pack, the total mobile subscribers […]
APAC security offerings market revenue to reach US$54.1bn by 2023, says GlobalData
With enterprises of different industry verticals facing information security concerns, the organizations in the Asia-Pacific (APAC) region will continue to invest aggressively to further strengthen their existing security infrastructure. As a result, the APAC security offerings market is expected to grow at a compound annual growth rate (CAGR) of 9.5% between 2018 and 2023 to […]
US telecom and pay-TV service revenue to rise to US$419.4bn by 2024, says GlobalData
Total telecommunications and pay-TV service revenue will reach US$404.5bn by the end of 2019, representing a 0.5% decline over 2018, says GlobalData, a leading data and analytics company. Ivan Maldonado, Technology Analyst at GlobalData, comments: “Despite this decline, which is mainly due to declining revenues from mobile and fixed-voice data communications, total service revenue is […]