Displaying items by tag: Globaldata

Global technology firm Broadcom has announced it will be acquiring VMware for about US$61 billion (A$85.9 billion) in a cash and stock transaction, and assuming US$8 billion of the latter's net debt.

Despite the anticipated growth in 5G service adoption, the total mobile service revenue in Singapore is expected to increase at a sluggish compounded annual growth rate (CAGR) of 0.8% from US$1.7bn in 2021 to US$1.8bn in 2026, with mobile subscription penetration of population hitting saturation and total mobile subscriptions too expected to decline over the forecast period, forecasts data and analytics company GlobalData.

Mobile communications services revenue in Asia Pacific is poised to grow at a CAGR of 4.4% from US$320 billion in 2021 to US$398.4 billion in 2026, forecasts data and analytics company GlobalData.

The new space race focuses on satellite Internet with a promise of higher speed and lower latency for industrial and business-oriented communication applications.

The 5G service has been gaining strong ground in the Asia-Pacific (APAC) region, with its subscriptions expected to increase at an impressive compound annual growth rate (CAGR) of 25.5% over the forecast period of 2021-2026, according to GlobalData.

The total addressable market size for data centers and hosting services in Malaysia, in terms of enterprise spending opportunity, is forecast to increase at a CAGR of 5% over 2020-2025, with more and more businesses in the country adopting cloud-based services and accelerating their digital transformation efforts.

Multiplay service revenue in Asia Pacific is estimated to grow at a compound annual growth rate of 3.2% from US$235.4 billion to US$275.3 billion by 2025 driven by the rise of multiplay households in the region and growth in average monthly multiplay household spending, according to data and analytics company GlobalData.

New Zealand’s card payments market is expected to rebound strongly in 2021 registering 10.3% growth, supported by the economic revival, rising consumer spending, and growing preference for contactless payments, according to a new forecast by analyst firm GlobalData.

The market size of enterprise mobility in Australia, in terms of spending opportunity, is set to reach US$1.4 billion in 2025, forecasts data and analytics company GlobalData.

Mobile services revenue in New Zealand is expected to reach US$1.9 billion in 2026 with a marginal compound annual growth rate (CAGR) of 1.8% over 2021-2026, supported by growth in smartphone subscriptions and mobile data service revenues, according to a new forecast by analyst firm GlobalData.

Global payments provider Square is set to buy Australia’s buy now pay later platform Afterpay in a deal which values the company at $39 billion.

e-commerce sales in the Indian market are forecast to reach US$120.1 billion - or 8.8 trillion rupee - in 2025, with the country witnessing high growth in the past few years, according to one global data and analytics firm.

Financial roadblocks may hinder India’s progress to widespread 5G adoption. Data analytics company GlobalData estimates that 5G penetration globally will be 38% by 2025, but only 12% of the Indian population will be enjoying the said service.

Analyst firm GlobalData attributes the mobile gaming market’s growth to the maturity of streaming, cloud gaming services, and mobile esports. The firm says that more companies are moving into mobile game publishing.

The global internet of things (IoT) market by revenue will be worth $1.1 trillion by 2024, with much of the growth coming from wearables, according to GlobalData.

With Elon Musk able to influence the price of various cryptocurrencies up or down based on what he tweets, concern is growing, for with great power comes great responsibility, and no-one really knows how responsible Musk is, or isn’t.

The demand for fast and secure digital transactions is growing fast in Asia Pacific amidst the Covid-19 pandemic, and the payment segment is viewed as a “lucrative investment” avenue for investors, according to GlobalData. Investors are funding these businesses to get a slice of the market.

GlobalData’s deals database say that cloud deal activity in Q1 2021 rose by 17.30%, recording 295 deals more than the 251.50 deals in the last four-quarter average. This was strengthened by the US$2.5 billion acquisition of Itiviti.

The mobile data service revenues will grow at a 7.1% CAGR over 2020-2025 driven by the projected rise in the adoption of 5G services, which yield higher average revenue per user (ARPU), according to GlobalData.

The rising demand for high-speed Internet services to support work from home commitments has pushed the Indian government to expand “fibre optic infrastructure across the country”, and will further drive a market growth at a compound annual growth rate of 7.1% from 2020-2025, according to GlobalData. Along with this initiative, it also plans to establish internet connectivity to 600, 000 Indian villages by 2023.