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.
Pay TV provider Sky’s launch of Sky Connect B2B gives the company the potential to become a force in the small and medium-sized enterprise (SME) market, according to one analyst firm.
The days of watching F1 on any free-to-air network are numbered, if the analysis from analyst firm GlobalData is correct, with an estimate loss of US $246.49m from ticket sales a worst-case scenario.
The mergers and acquisition (M&A) deal-making landscape of the 2016-2020 artificial intelligence (AI) tech space was dominated by US tech giants Apple, Google, Microsoft and Facebook, according to the deals database by GlobalData.
Singapore’s fixed communications service revenue is expected to decline at a compounded annual growth rate (CAGR) of 0.7% from US$1.7 billion in 2020 to US$1.6 billion in 2025 as any growth in the fixed broadband service revenues will fail to offset the continued decline in fixed voice service revenues, according to data and anaytics firm GlobalData.
Pay-TV service revenue in Australia and the wider Asia-Pacific region is set to drop from US$61.6 bilion in 2020 to US$60.8 billion in 2025 due to a slowdown in pay-TV household penetration, continued decline in Cable TV subscriptions and fall in average spend per pay-TV account.
The total fixed communications services revenue in Australia is expected to increase at a sluggish compound annual growth rate (CAGR) of 0.7% from US$9.9bn in 2020 to US$10.2bn in 2025, supported by the growth in fixed broadband segment, according to data and analytics firm GlobalData.
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