ABI Research says that the revenue drop will not last long, with revenues expected to return to normal by 2023.
The MVNO market was previously expected to continue to grow – but the forecast now is that the market share will decline from 15% to 6% by 2023.
Investments in digital resilience, driven by the adoption of cloud computing, have increased despite the decline in IT spending during the pandemic, says IDC.
65% of the GDP of the APAC region is expected to be digitised by 2023, with spending reaching $1.2tn, according to IDC.
Digital Realty has scooped the 2020 Competitive Strategy Innovation and Leadership Award for the Asia Pacific data center industry.
New Zealand's telecoms market faces disruption as COVID-19 impacts revenues, according to IDC. The research predicts a slow recovery in the coming years.
IT spending in Australia to grow 3.6% in 2021, with utilities, government, education and healthcare sectors leading the way, says Gartner.
Samsung regains top spot in smartphone shipments, while Xiaomi takes third place for the first time, according to Canalys.
Smartphone accessory sales are expected to soar in 2021, with wearable bands set to exceed 200 million units and TWS devices reaching 350 million units.
Over half of Australian and New Zealand CIOs have seen increased funding for digital innovation as a result of the COVID-19 pandemic.
Almost half of organisations (47%) plan to increase investments in IoT technologies despite COVID-19's impact on revenue, according to Gartner.
Global smartphone market performs 'better than expected' in Q3 2020, with shipments declining just 1.3% YoY, according to IDC.
CFOs face a two-speed reality post-COVID: balancing immediate survival strategies with forward-thinking digital transformation to adapt and thrive.
Cloud computing market experiences significant growth as COVID-19 drives increased remote working and learning, according to Canalys data.
IDC MarketScape notes that Google Cloud is built for cloud native agile and outcome-based digital innovation and product development.
84% of education organisations surveyed have been hit by DNS attacks, with each suffering an average of eight attacks.
IDC predicts that by 2022, 65% of global GDP will be digitalised, driving $6.8 trillion of IT spending from 2020 to 2023.
COVID-19 forces CIOs to find immediate IT cost savings, says Gartner. IT spending expected to contract globally. #COVID19 #ITcostsavings.
The company was recognised for the ability to accelerate customers' movement to a cloud data analytic platform and bring data together into a trusted source.
A Rubrik-commissioned ANZ survey by IDC finds that despite only 6% saying they would pay ransomware attackers, the reality is quite different.
