increase at 5.8 per cent CAGR over 2020-2025. The total addressable market size of business process outsourcing (BPO) services in India, in terms of spending opportunity, is set to grow at a compound annual growth rate (CAGR) of 5.8 per cent between 2020 and 2025, driven by huge enterprise push…
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Companies have growing commitments to environmental, social and governance . The attitudes of both employees and employers towards hybrid working – a style of working that allows for a more balanced home-office work pattern – have fundamentally changed due to the pandemic, according to GlobalData. The leading data and analytics company…
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Organisational-led initiatives, user experience and security top drivers. The accelerated cloud adoption in the last 18 months across the Association of Southeast Asian Nations (ASEAN) region is changing enterprises’ buying behaviour and solution criteria when considering new cloud services, says GlobalData, a leading data and analytics company. ‘2021 ASEAN Cloud…
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There will be 3.9 billion 5G mobile subscriptions globally by the end of 2026. While 5G is being widely deployed on a global basis, we haven’t even begun to see the full potential of this technology, according to GlobalData. The leading data and analytics company notes that 5G is yet…
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Managed services buying criteria evolves. The rapid deployments of new technologies to enable remote working in the wake of the COVID-19 pandemic is creating new challenges for enterprises across the Association of Southeast Asian Nations (ASEAN) and changing their buying criteria in managed services. In analyst firm GlobalData’s recently released…
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High performance computing emerges. A confluence of developments including growing volumes of data generated by Internet of Things (IoT) sensors, and the emergence of new content and data-rich applications, some of which are incorporating the use of artificial intelligence (AI), is set to drive demand for higher performance computing solutions…
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Forecasted at 6.2 per cent CAGR through 2025. Mobile service revenue in Japan is expected to grow at a compound annual growth rate (CAGR) of 6.2 per cent from US$72.4bn in 2020 to US$98.0bn in 2025, supported by growth in mobile data service revenues, according to GlobalData, a leading data…
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Strong business growth in pandemic-hit year. Despite the COVID-19 pandemic, 15 of the top 25 technology companies by revenue reported a year-on-year (YoY) rise in revenue, with 28 per cent seeing double-digit growth. About 50 per cent of the top 25 technology companies by revenue recorded double-digit growth in their…
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Portable location trackers catch on. The recent buzz around bluetooth-enabled location trackers, largely due to Apple’s Airtags, has placed this technology in the spotlight, notes analyst firm GlobalData. Customers now need to be made aware of what private data these devices can gather and share because the buzz is likely…
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A COVID-19 driven new digital transformation wave will fuel higher growth across all IoT markets. The global internet of things (IoT) market by revenue will be worth US$1.1 trillion by 2024, with much of the growth coming from wearables, reported analyst firm GlobalData. In its latest report, ‘Thematic Research: Internet…
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