While virtual reality (VR) is set to see significant growth in the next ten years, with GlobalData estimating it will become a $51 billion (€44bn) industry by 2030, the technology is still not a ‘mainstream success’. The data and analytics company notes that VR’s important role in the future of work and its part in […]

Pay-TV service revenue in Thailand is expected to grow at a healthy compound annual growth rate (CAGR) of 8.5 per cent from $734 million in 2021 to $1.1 billion in 2026, supported by growing DTH, cable TV and IPTV subscriptions, according to GlobalData, a data and analytics company. GlobalData’s Thailand pay-TV Forecast Model indicates that […]

The total pay-TV service revenue in Taiwan is expected to decline at a compound annual growth rate (CAGR) of 0.5 per cent from $1.18 billion in 2020 to $1.15 billion in 2025 due to the accelerated cord cutting trend in the country and falling pay-TV average revenue per user (ARPU), according to GlobalData, a data […]

The total number of 5G subscribers in Africa and the Middle East (AME) will reach 10.4 million by 2021, with the majority of 5G networks being in the Gulf Cooperation Council (GCC) countries, Israel, and South Africa, forecasts GlobalData. According to the data and analytics company, 7.58 million 5G subscribers will be added in 2021, […]

The household penetration of SVoD services in Malaysia is expected to increase from 12 per cent in 2020 to about 27 per cent in 2025, driven by considerable rise in the adoption of OTT video service platforms, according to GlobalData, a data and analytics company. GlobalData’s Malaysia SVOD Forecast reveals that the SVoD subscriptions in […]

The SVoD service revenue in India is expected to grow at a robust compounded annual growth rate (CAGR) of 15.9 per cent from $0.9 billion (€0.76bn) in 2020 to $1.9 billion in 2025 in line with increasing demand for various OTT video service platforms in the country, according to data and analytics company GlobalData. GlobalData’s […]

Augmented reality (AR), a popular tool for entertainment, is expected to one day replace smartphones, according to GlobalData. The data and analytics company notes that within the next ten years, AR will be a $152 billion (€128.1bn) industry – a huge 22-fold growth. With metaverse megatheme looming and the tech’s part to play in the […]

Rapid acceleration in innovation in virtual and augmented reality (VAR) space is quickly bridging the digital and physical worlds to deliver tangible and significant applications across diverse industries. GlobalData, a data and analytics company, identifies VAR as a leading innovation driven technology and has picked top startups in VAR space with high probability of becoming […]

The total pay-TV services revenue in China is set to decline at a compound annual growth rate (CAGR) of 0.5 per cent from $32.9 billion (€27.8bn) in 2020 to $32.1 billion in 2025, due to the growing preference for OTT video streaming services and falling pay-TV average revenue per user (ARPU), according to GlobalData, a […]