Compound Annual Growth Rate (CAGR) stories - Page 2
Westcon-Comstor reports 8% revenue rise to USD $3.69 billion
Tue, 28th May 2024
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cybersecurity
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distributors
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financial results
Westcon-Comstor reports an 8% revenue increase to USD $3.69 billion for FY24, driven by recurring revenues and growth in cybersecurity and networking sectors.
Australia leads Asia Pacific in AI innovation & growth
Tue, 21st May 2024
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datacentre infrastructure
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ai
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intel
Australia’s AI innovation surpasses Asia Pacific, buoyed by strong tech infrastructure and initiatives like the brain-scale supercomputer DeepSouth.
Unified communications market to expand to USD $187.6 billion by 2031
Tue, 21st May 2024
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uc
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digital transformation
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cybersecurity
New research reveals the global unified communications market will soar from USD $48.1B in 2021 to USD $187.6B by 2031, driven by digital transformation and remote work trends.
AI set to revolutionise the pharma & biotech industries
Fri, 17th May 2024
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data analytics
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data privacy
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ai
A new report forecasts AI in pharma and biotech markets to surge from US$ 1.8 billion in 2023 to US$ 13.1 billion by 2034, driven by an 18.8% CAGR.
Digital last-mile platform market forecast to reach $21.7B
Thu, 16th May 2024
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supply chain systems
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services
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on-premise
The Digital Last-Mile Platform Market is set to soar, growing from $6.4 Bn in 2022 to an estimated $21.7 Bn by 2031, driven by eCommerce expansion.
Network access control market predict strong growth by 2032
Wed, 1st May 2024
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network infrastructure
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casb
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extreme networks
DataHorizzon Research predicts a surge in the Network Access Control Market from USD $2.9 billion in 2023 to USD $14.5 billion by 2032, fuelled by rising cybercrime and increasing network security concerns.
Chatbot market set to surge to $4.9 billion by 2033 says FMI
Mon, 22nd Apr 2024
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cx
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martech
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ai
Chatbot market set to surge, projecting USD $4.9 billion growth by 2033, fuelled by customer engagement focus and widespread industrial adoption.
Cellular IoT module market set to rebound in 2024 after 2023 dip
Wed, 17th Apr 2024
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edge computing
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iot
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analyst report
Despite a 16% drop in cellular IoT module and chipset shipments in 2023, the market is expected to recover by 2024, driven by rising uptake of AI-enabled cellular IoT modules, finds a new report.
Sapro-Tech forms strategic partnership with top NZ fashion firms
Tue, 16th Apr 2024
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cleantech
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climate change
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sustainability
NZ firm Sapro-Tech forms strategic alliances with leading fashion brands SABEN, taylor, Velvet Heartbeat, and YY NATION, promoting sustainable materials derived from fungi.
Exclusive: How Fluent Commerce is shaking up the OMS industry
Mon, 15th Apr 2024
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martech
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commerce systems
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ai
In an exclusive, Fluent Commerce's Chief Strategy Officer, Jamie Cairns, illuminates how the Australian firm is revolutionising how global businesses manage orders and inventory.
5G services market projected to exceed $919.4bn by 2031
Mon, 15th Apr 2024
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network infrastructure
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smart cities
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iot
The global 5G services market set to skyrocket beyond USD 919.4bn by 2031, boasting an impressive CAGR of 30.8% and transforming the digital landscape.
Electronic Design Automation software market to hit $11.2bn
Fri, 5th Apr 2024
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smartphones
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microsemi
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wearables
Global Electronic Design Automation software market expected to exceed US$11.2bn due to increased adoption of IoT devices.
Gigamon holds 63% share in booming deep observability market
Fri, 5th Apr 2024
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advanced persistent threat protection
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breach prevention
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cyber threats
Gigamon leads the deep observability market, accounting for a 63% share and 61% growth in 2023, thanks to its network monitoring pipeline.
Data centre chip market to surge, aims for $23.8bn by 2032
Thu, 4th Apr 2024
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power / energy
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ai
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ml
The data centre chip market is set for an 8.1% CAGR between 2022 and 2032, driven by increasing data generation and the need for efficient processing.
Data centre containment solutions market to hit $3.17bn
Wed, 3rd Apr 2024
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datacentre infrastructure
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data analytics
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hyperscale
Global data centre containment solutions market forecasted to surge to $3.17bn by 2034 due to increased investments by large corporations.
Data centre market boom predicted by 2024 Global Index report
Wed, 27th Mar 2024
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ai
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mumbai
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asia pacific
The global data centre market should brace for high-demand and swift AI adoption, led by significant growth in the Asia Pacific, says a report by DC Byte.
Global UCaaS market to reach 131 million users by 2028
Fri, 22nd Mar 2024
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convergence
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cagr
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mobile
Global Unified Communications as a Service market set for a 10.3% growth over the next five years, with mobile UCaaS services gaining momentum.
Cornerstone acquires Talespin's XR capabilities to redefine workspace learning
Thu, 21st Mar 2024
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ai
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ar, vr & metaverse
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vr
Cornerstone OnDemand bolsters its position in learning and talent experience solutions, acquiring Talespin's extended reality capabilities.
IoT market projected to grow 17% annually till 2030, reveals report
Sun, 17th Mar 2024
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iot
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ai
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cybersecurity
IoT Analytics' Spring 2024 report reveals key trends, including the coalescence of AI and IoT, driving a projected 17% compound growth of the $236bn IoT market till 2030.
Wearable AI market predicted to surge to $230bn by 2033
Thu, 14th Mar 2024
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personal computing devices
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samsung
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apple
The wearable AI market is forecasted to balloon to $230bn by 2033 as advanced technology and an expanding smartphone market drive a CAGR of 27.6%.