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The telecom and pay-TV services revenue in Thailand is expected to increase at a compound annual growth rate (CAGR) of 2.8% from $9.8bn in 2024 to $11.2bn in 2029, primarily driven by the mobile broadband segment, forecasts GlobalData, a leading data and analytics company. GlobalData’s Thailand Telecom Operators Country Intelligence Report reveals that mobile voice service […]
South Korea telecom and pay-TV services revenue to increase at 1.9% CAGR over 2024-29, forecasts GlobalData
The telecom and pay-TV services revenue in South Korea is expected to increase at a compound annual growth rate (CAGR) of 1.9% over the forecast period 2024-2029 from $32.3bn in 2024 to $35.4bn in 2029, supported by strong growth in the mobile broadband segment, forecasts GlobalData, a leading data and analytics company. GlobalData’s “South Korea Telecom […]
Enterprise ICT market revenue in Vietnam to witness 16% CAGR over 2023-2028, forecasts GlobalData
The enterprise ICT revenue opportunity in Vietnam is projected to increase at a compound annual growth rate (CAGR) of 16%, driven by the acceleration in enterprise digital transformation efforts, especially in banking, financial services and insurance (BFSI) segment – the largest end-use market for ICT in the country, according to GlobalData, a leading data and […]
Enterprise ICT market revenue in Philippines to register 10.9% CAGR over 2023-2028, forecasts GlobalData
The enterprise ICT market in the Philippines is projected to grow at a compound annual growth rate (CAGR) of 10.9%, mainly led by IT services, more specifically cloud computing and BPO service segments, forecasts GlobalData, a leading data and analytics company. GlobalData’s Philippines Enterprise ICT Country Intelligence Report shows that the ICT market size in […]
Telecom and pay-TV services revenue in New Zealand to grow at 1.5% over 2024-2029, forecasts GlobalData
The total telecom and pay-TV services revenue in New Zealand is expected to see a marginal yet consistent increase from $3.2 billion in 2024 to $3.4 billion in 2029, a compound annual growth rate (CAGR) of 1.5%. This will be supported by revenue growth in the mobile data, fixed voice and fixed broadband segments, says […]
RingCentral raises reputation with RingCentral AI Assistant, says GlobalData
RingCentral’s latest addition to its RingEX team collaboration and communication platform is a personal assistant driven by artificial intelligence (AI) called RingCentral AI Assistant. RingCentral AI Assistant can generate real-time call notes and summaries; draft, refine, and translate text messages across six languages; catch up users on group chats; define meeting action items; and create […]
Google leads right-to-repair legislation, sets new standard for consumer advocacy, reveals GlobalData
Google is at the forefront of the right-to-repair movement, driving key legislative changes that set a new standard for consumer advocacy and sustainability. With its active support leading to legislative wins in states like Oregon and Colorado, Google is reshaping the consumer electronics landscape, promoting repairability, transparency, and longer product lifecycles, while encouraging broader industry […]
Zendesk Talk Partner Edition for RingEX appealing but not game-changing, says GlobalData
RingCentral’s brand-new addition to its contact center capabilities is Zendesk Talk Partner Edition for RingEX, which integrates Zendesk’s customer contact platform with RingCentral’s RingEX employee communications platform. The offer leverages artificial intelligence (AI) to provide greater detail and insight regarding customer calls. While the new launch marks progress for RingCentral on the contact center front, […]
Singapore ICT market revenue to grow at 16.3% CAGR over 2023-2028, forecasts GlobalData
The enterprise information and communications technology (ICT) market in Singapore is expected to grow at a compound annual growth rate (CAGR) of 16.3%, driven by a vibrant tech ecosystem with thriving startup scenario, well developed communications infrastructure, and positive IT investment sentiment among enterprises in the country, forecasts GlobalData, a leading data and analytics company. […]
Enterprise ICT market revenue in Australia to witness 12% CAGR over 2023-2028, forecasts GlobalData
The enterprise ICT market in Australia is anticipated to grow at a compound annual growth rate (CAGR) of 12%. This growth is driven by the ongoing digital transformation and technology modernization initiatives among the businesses and the government’s efforts to accelerate digitalization in the country, according to GlobalData, a leading data and analytics company. GlobalData’s […]
UK FTTP altnets struggle amid fierce competition and market consolidation pressures, says GlobalData
The UK’s fiber-to-the-premises (FTTP) alternative network (altnet) providers face mounting challenges in competing with established telecom players. Despite substantial investments in infrastructure, many altnet operators struggle to achieve profitability, with limited market penetration and insufficient customer acquisition. As dominant providers strengthen their positions, market consolidation appears inevitable for these emerging challengers, says GlobalData, a leading […]
5G service expansions to drive APAC mobile broadband market during 2024-2029, forecasts GlobalData
The total mobile broadband services revenue in the Asia-Pacific (APAC) region is expected to grow at a compound annual growth rate (CAGR) of 5.2% from $229.6 billion in 2024 to $296.2 billion in 2029, mainly driven by the growing availability and adoption of 5G services across several countries, according to GlobalData, a leading data and […]
Indonesia ICT market revenue to increase at 16.3% CAGR over 2023-28, forecasts GlobalData
The enterprise information and communication technology (ICT) revenue opportunity in Indonesia is forecast to increase at a compound annual growth rate (CAGR) of 16.3% between 2023 and 2028, mainly led by a high proportion of revenue contributions from cloud computing, Internet of Things (IoT), and artificial intelligence (AI) solution areas and strong demand from manufacturing, […]
Enterprise ICT market revenue in South Korea to witness 7.2% CAGR over 2023-2028, forecasts GlobalData
The enterprise ICT revenue opportunity in South Korea is forecast to increase at a compound annual growth rate (CAGR) of 7.2% between 2023 and 2028. The country’s high-speed internet connectivity with next-generation networks available to enterprises, positive ICT investment sentiment, and evolving application areas for emerging technologies like Internet of Things (IoT) and artificial intelligence […]
China enterprise ICT market revenue to increase at 10.2% CAGR over 2023-28, forecasts GlobalData
The Chinese government initiatives under the 14th Five-Year Plan and Vision 2025, coupled with robust 5G infrastructure and accelerated digital transformation in key sectors, will drive the total enterprise information and communication technology (ICT) market revenue in the country to grow at a compounded annual growth rate (CAGR) of 10.2% during 2023-28, according to GlobalData, […]
Fiber lines to drive fixed broadband services market in Asia-Pacific through 2029, forecasts GlobalData
The total fixed broadband service revenue in Asia-Pacific (APAC) is expected to increase at a compound annual growth rate (CAGR) of 4.6% over the forecast period 2024-2029 from $334.5 billion in 2024 to $340.5 billion in 2029. This growth will be primarily driven by the expansion of fiber-optic networks, with fiber broadband set to account for […]
Nvidia’s AI-driven triumph over Intel powered by strategic innovations, reveals GlobalData’s Technology Foresights
In a historic shift, Nvidia has taken Intel’s coveted spot on the Dow Jones Industrial Average. For over two decades, Intel held its ground in this prestigious index after joining in 1999 alongside tech giant Microsoft and others. However, the advent of artificial intelligence (AI) revolution, set in motion a few years ago by the […]
Cisco deepens AI innovations to transform itself, says GlobalData
Cisco recently unveiled a wide variety of new and upcoming platform enhancements powered by artificial intelligence (AI) at its annual “WebexOne” showcase event. Cisco has long been a leader in the use of AI, but the WebexOne 2024 event made it clear that the association has deepened, says GlobalData, a leading data and analytics company. […]
COP29: Enterprise tech service providers can’t expect much but should continue to lead in sustainability efforts, says GlobalData
Previous United Nations Conference of the Parties (COP) events indicate that they are increasingly less impactful, but that enterprise communications service providers should continue to lead the way in addressing sustainability challenges, according to analysis conducted by GlobalData, a leading data and analytics company. Robert Pritchard, Principal Analyst, Enterprise Technology & Services at GlobalData, says: […]
Apple’s $1.5 billion deal with Globalstar will change direct-to-device satellite game, says GlobalData
Following the news that Apple plans to invest $1.1 billion in satellite communications company Globalstar alongside a further $400 million for a 20% equity stake in the business; Emma Mohr-McClune, Chief Analyst, Technology at GlobalData, offers her view: “According to GlobalData, this prospective deal packs a competitive punch for virtually all corners of the connectivity […]