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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 […]
Managed security services to reach US$20.2bn in APAC by 2023, says GlobalData
In the current age of digitalization, enterprises continue to focus on the critical data assets’ protection against breaches and intrusions. The market of data and security management services, known as managed security services (MSS), is expected to reach US$20.2bn in the Asia-Pacific (APAC) region by 2023 year-end, says GlobalData, a leading data and analytics company. […]
India’s IT services vendors wary of making long-term commitment to single vendors, finds GlobalData
The evolving digital economy is eventually leading to smaller and shorter deals for IT services vendors in India, a reflection of the fact that enterprises have become conscious of the need to be agile and are thus increasingly becoming wary of making a long-term commitment to a single vendor, says GlobalData, a leading data and […]
SVoD subscriptions in North America to expand at 9% CAGR between 2019 and 2023, says GlobalData
North America’s video on demand (SVoD) market will close 2019 with an estimated 147 million SVoD subscriptions, expanding at a compound annual growth rate (CAGR) of 9% through 2023, according to GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘OTT Video Content, Pricing and Market Opportunity in the Americas’, reveals that the US market, which […]
APAC to register highest growth in global telecom and pay-TV market between 2019 and 2024, says GlobalData
The Asia-Pacific (APAC) region is poised to witness the highest growth in the global telecom and pay-TV market between 2019 and 2024 due to conducive telecom policies and rapid mobile and fibre network roll-outs, according to GlobalData, a leading data and analytics company. An analysis of GlobalData’s Mobile and Fixed Broadband Forecast Packs reveals that […]
Public cloud services to drive cloud computing revenue during 2018-23 in APAC, says GlobalData
With technologies contributing immensely to the strategic business innovation initiatives and cost-efficiency synergies amongst the enterprises, public cloud services are expected to be the major revenue generator of cloud computing in the Asia-Pacific (APAC) region during 2018-2023, says GlobalData, a leading data and analytics company. According to GlobalData’s Market Opportunity Forecasts Model, the public and […]
Cloud computing market revenue to exceed US$250bn in APAC by 2023, says GlobalData
Cloud computing continues to be the catalyst for growth of IT vendors globally. Being one of the most scalable and best supporting technologies, the cloud computing market revenue in the Asia-Pacific (APAC) region is expected to reach US$256bn during the outlook period 2018-2023, says GlobalData, a leading data and analytics company. According to GlobalData’s Market […]
Brazilian telecom operators to add 4.9 million subscriptions over the next five years, says GlobalData
The number of fixed broadband access lines in Brazil will grow from an estimated 31.8 million in 2019 to 36.7 million by 2024, growing at a compound annual growth rate (CAGR) of 2.9%, according to GlobalData, a leading data and analytics company. The company’s latest report, ‘Brazil Telecom Operators – Country Intelligence Report’ reveals that […]
More CCG mergers to come on the back of the NHS’s long-term plan
The NHS’s long-term plan (LTP) released earlier this year aims to have every part of England covered by an integrated care system (ICS) by April 2021. This has led to a slew of mergers between clinical commissioning groups (CCGs), which are responsible for the planning and commissioning of healthcare services for their local areas. It […]
GlobalData presents top 25 global technology companies by market capitalization in Q3 2019
Majority (15) of the companies in the GlobalData’s list of top 25 publicly traded global technology* companies by market capitalization (M Cap) reported quarter-on-quarter (QoQ) growth in the third quarter (Q3) ended 30 September 2019, with Dutch semiconductor company ASML reporting 18.7% growth during the period, according to GlobalData, a leading data and analytics company. […]
Telecom industry’s first 5G core competitive analysis published by GlobalData reveals it is a close race
The telecommunications industry’s first Competitive Landscape Assessment of 5G Mobile Core (5GC) infrastructure solutions space has been researched and published by GlobalData, a leading data and analytics company. The company’s report, ‘5G Mobile Core: Competitive Landscape Assessment’, evaluates the 5G mobile core portfolios of five key vendors: Cisco, Ericsson, Huawei, Nokia, and ZTE. It examines […]