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GlobalData plc (via Public) / Enterprise security spending in Australia to increase at 6 7% CAGR over 2020-2025, reveals GlobalData
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GlobalData plc (via Public) / Notwithstanding COVID-19, majority of top 20 APAC tech firms managed to post growth in 2020, reveals GlobalData
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GlobalData plc (via Public) / Voice revenue to offset Indonesia mobile service revenues through 2025, reveals GlobalData
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Mobile wallet payments in South Korea to surpass US$500bn in 2024, reveals GlobalData
11 Feb 2021
Mobile wallet payments in South Korea to surpass US$500bn in 2024, reveals GlobalData
Posted in Banking
South Korea is a well-developed payments market, with consumers preferring cashless payment. While credit cards are the mostly preferred payment method, mobile wallet payments transaction value is expected to reach KRW581.3 trillion (US$503.5bn) in 2024, according to GlobalData, a leading data and analytics company.
An analysis of GlobalData s Payment Instrument Analytics reveals that the mobile wallet payments transaction value grew from KRW12.0 trillion (US$10.4bn) in 2016 to an estimated KRW209.7 trillion (US$181.6bn) in 2020.
01/06/2021 | Press release | Distributed by Public on 01/05/2021 23:47
Communication and collaboration software market value in Malaysia registers 19% growth in 2020 amidst COVID-19, reveals GlobalData
06 Jan 2021
Communication and collaboration software market value in Malaysia registers 19% growth in 2020 amidst COVID-19, reveals GlobalData
Posted in Technology
While the enterprise spending on most ICT solutions in Malaysia declined in 2020 due to the COVID-19 crisis, the communications and collaboration software market in the country bucked the trend and registered a year-on-year (Y-o-Y) growth of 19.1%, finds GlobalData, a leading data and analytics company.
According to GlobalData, the communications and collaboration software market size in Malaysia reached US$112m by end of 2020, which is about 4% more than what it was estimated before the COVID-19 outbreak.