Continued rise in security breach incidents at enterprises. The total addressable market size of enterprise security in Singapore, in terms of spending opportunity, is poised to reach about US$2.2bn in 2025, mainly led by the huge demand for managed security services, identity & access management and endpoint security platforms, says…
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Key example of this in the telecoms sector. It is becoming evident that addressing environmental, social and governance (ESG) issues is not only beneficial to the planet and society, but also makes commercial sense. Robert Pritchard, Senior Technology Analyst at GlobalData, highlights a key example of this in the telecoms sector.…
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Mobile revenue to also grow. The total fixed communications service revenue in the Philippines is expected to increase at a compounded annual growth rate (CAGR) of 5.0 per cent from $US3.6bn in 2021 to $US4.7bn in 2026, mainly driven by the strong growth in fixed broadband segment according to GlobalData,…
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South Korea, China and Australia increase server spending. The total addressable market size of servers in South Korea, in terms of enterprise spending opportunity, is poised to grow at a compound annual growth rate (CAGR) of 5 per cent between 2020 and 2025, driven by the acceleration in digital transformation…
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The maturity of enterprise IT requires a robust security strategy is proving to be that much more challenging. Cyberattacks have become more daring and sophisticated – but businesses still on the back foot in their cyber defences as a result of remote working – cybersecurity companies must show they can…
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Huge uptake in observability, low-code, cybersecurity, and edge computing is expected for this year. In 2021, finding innovative ways to accelerate time to value from cloud investments will be more critical than ever, state GlobalData. Enterprises need to pick and choose those key cloud services most relevant to supporting app…
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Mobile messaging revenue will witness significant downside. The total mobile services revenue in China is set to increase from US$119.1bn in 2020 to US$142.8bn in 2025, at a compounded annual growth rate (CAGR) of 3.7 per cent. This growth will be supported by 5G infrastructure, increase in mobile data consumption…
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New technology executive hires for communications service provider in Malaysia. Malaysian communications company Maxis has announced its Chief Technology and Information Officer (CTIO), Morten Bangsgaard resigned from his position and will be leaving Maxis at the end of the year, to pursue a new opportunity elsewhere. Morten has held the…
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Practical uses of AI will be front and centre to businesses. Global artificial intelligence (AI) platform revenue will reach US$52bn by 2024, up from US$28bn in 2019 as spending on AI will rise as businesses seek to accelerate digital transformation and development, notes GlobalData, a data and analytics company. GlobalData’s…
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Traditional technology spend is down, but digital transformation and remote working drive Cloud and collaboration tools. The global pandemic is still impacting ICT budgets in Asia Pacific region. According to analyst firm GlobalData Asia Pacific countries are seeing a decline of seven per cent to five per cent in ICT…
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