The mobile services market in Hong Kong faces stagnation, with limited overall revenue growth projected despite the anticipated surge in 5G service adoption. While 5G represents a positive trend, the industry is expected to witness only marginal expansion, reaching $2.8 billion in 2027 from $2.7 billion in 2022, forecasts GlobalData, the data and analytics company. […]

Annual revenues of US SVoD services are forecast to nearly equal those of traditional pay-TV in 2027, marking a critical tipping point in the ongoing decline of cable TV, IPTV, and satellite TV services as streaming rises to dominate the media landscape. Revenues from SVoD services such as Netflix, Prime Video and Hulu are forecast […]

The total mobile services revenue in South Korea is predicted to increase from $20.1 billion (€18.7bn) in 2022 to $23.2 billion in 2027, at a compound annual growth rate (CAGR) of 3 per cent, mainly driven by the robust growth in M2M/IoT subscriptions and mobile data services segment, forecasts GlobalData, the data and analytics company. […]

Pay-TV service revenue in South Korea is set to grow, albeit marginally, at a compound annual growth rate (CAGR) of 0.2 per cent from $5.55 billion (€5.1bn) in 2022 to $5.6 billion in 2027, primarily supported by the increasing internet protocol television (IPTV) subscriptions, according to GlobalData, the data and analytics company. GlobalData’s South Korea […]

Multiplay service revenue in India is forecast to grow at a compound annual growth rate (CAGR) of 4.9 per cent between 2022 and 2027 in line with the rising adoption of multiplay service bundles among households on the back of improving fixed network infrastructure in the country, according to GlobalData, the analytics company. GlobalData’s India […]

5G mobile subscriptions stood at 1.7 billion at the end of 2022, accounting for 18 per cent of total mobile subscriptions worldwide, according to data and analytics company GlobalData. The figure is forecast to rise to 5.5 billion, occupying a share of 48 per cent of total mobile subscriptions by 2027. GlobalData’s 5G – Thematic […]

The mergers and acquisitions (M&A) deal value in the global Tech, Media, and Telecom (TMT) sector totalled $754 billion (€686bn) in 2022, down 31 per cent from 2021, according to data and analytics company GlobalData. The number of M&A deals in the sector also dropped sharply by 39 per cent in 2022 as climbing inflation […]

The total telecom services revenue in Vietnam is expected to increase at a compound annual growth rate (CAGR) of 4.4 per cent during 2022-2027, led by the growth in mobile data and fixed broadband segments, according to GlobalData, a data and analytics company. GlobalData’s Vietnam Telecom Operators Country Intelligence Report reveals that the  mobile voice […]

The total telecom and pay-TV services revenue in Japan is expected to grow at a compound annual growth rate (CAGR) of 4.7 per cent over the forecast period 2022-2027, exceeding $130 billion (€118.4bn), mainly supported by the mobile data and fixed broadband service segments, according to GlobalData, the data and analytics company. GlobalData’s Japan Telecom […]

The total mergers and acquisitions (M&A) value in the global technology, media, and telecom (TMT) sector during 2022 saw a year-on-year (YoY) nosedive by 33 per cent from $1.26 trillion in 2021 to $841 billion in 2022, according to data and analytics company GlobalData. An analysis by the company reveals that ‘cloud’ and ‘internet advertising’ […]