Multi-play service revenue in China is set to increase at a compound annual growth rate (CAGR) of 1 per cent from $172.7 billion (€159.4bn) in 2023 to $181.5 billion in 2028. With a focus on triple-play and quad-play service bundles, telecom operators leverage robust fixed network infrastructure to promote high-speed internet services, according to GlobalData, […]

The total mobile service revenue in Australia is poised to increase at a compound annual growth rate (CAGR) of 4.5 per cent from $8.7 billion (€8bn) in 2023 to $10.8 billion in 2028, supported by growth in mobile data service revenues, according to GlobalData, the data and analytics company. GlobalData’s Australia Mobile Broadband Forecast (Q4 […]

The total mobile communications services revenue in the Asia-Pacific (APAC) region is expected to increase at a compound annual growth rate (CAGR) of 4 per cent from $321.9 billion (€294.3bn) in 2023 to $388.7 billion in 2028, mainly driven by the 5G mobile data services segment, according to GlobalData, the data and analytics company. An […]

Multiplay service revenue in Asia-Pacific is expected to grow at a compound annual growth rate (CAGR) of 2.4 per cent from $245 billion (€224.1m) in 2023 to $276.3 billion by 2028, driven by the continued rise in the number of multiplay households in the region, and growth in the average monthly multiplay household spending, forecasts […]

The total telecom and pay-TV services revenue in New Zealand is poised to register a marginal compound annual growth rate (CAGR) of 0.7 per cent between 2023 and 2028, with continued decline in mobile voice service revenue denting the overall growth prospects, despite considerable revenue growth in mobile data and fixed broadband segments, according to […]

Mark Zuckerberg, CEO of Meta Platforms, recently disclosed plans regarding the development of generative AI, with a specific emphasis on creating AI assistants tailored for businesses and content creators. With Meta’s main focus on the metaverse and a consistent track record of innovation in AI, the company is strategically positioned to deliver generative AI products […]

South Korean tech giant Samsung launched its premium Galaxy S24 series smartphones during the Galaxy Unpacked event at SAP Center Arena, in San Jose, US on January 17th. Respondin to the news, Anisha Bhatia, Senior Technology Analyst at GlobalData, the data and analytics company, commented: “Samsung is one of the foremost smartphone companies in the […]

Generative AI (GenAI) made significant progress in 2023, showcasing its prowess in crafting remarkably authentic content spanning text, imagery, and music. The evolution of this technology transcended traditional boundaries, infiltrating realms such as creative arts, automation, and tailored experiences. An analysis of influencer discussions on social media platform X has unveiled a curated selection of […]

Following the news that the Premier League has sold the UK broadcast rights to Sky and TNT Sports for £6.7 billion (€6.19bn), Conrad Wiacek, Head of Sport Analysis at GlobalData, the data and analytics company, has offered his view, commenting: “The Premier League will rightly be delighted to have secured a new media rights deal […]

The total telecom and pay-TV services revenue in Hong Kong is forecast to increase at a compound annual growth rate (CAGR) of 1.1 per cent from $5.8 billion (€5.2bn) in 2022 to $6.1 billion in 2027, mainly supported by the mobile data and fixed broadband segments, according to GlobalData, the data and analytics company. GlobalData’s […]