Market stories - Page 2
Denodo signs agreement with TPG Growth for $336M equity
TPG Growth has agreed to invest $336m in Denodo's Series B preferred equity, with the deal slated to close in October.
IBM welcomes two new distributors, Arrow Electronics and NEXTGEN
IBM has announced the appointment of two new value-added distributors to optimise existing routes to market and accelerate the growth of new technologies.
Data-centric security market growing at rapid rate - report
The size of the global market for data-centric security is anticipated to grow to US$39.348 billion by 2030, with a CAGR of 30.9% between 2021 and 2030.
IDC names Ricoh a leader in print, cites data-driven evolution
Ricoh positioned in the Leaders Category of the IDC MarketScape: Worldwide Print Transformation 2023 Vendor Assessment.
Australian smartphone market hits decline, down 10.1%
Australia smartphone market declines 10.1% YoY in 2Q23, with recovery in June as end-of-financial-year sales lure consumers to attractive deals.
Public cloud market booms, set to reach $1.35 trillion by 2027
Although annual spending growth is expected to slow slightly over the 2023-2027 forecast period, the market is forecast to achieve a five-year CAGR of 19.9%.
PC market finally on road to recovery - IDC report
The road to recovery for PCs has been challenging coming off explosive years in 2020 and 2021, but signs of growth are finally returning, IDC finds.
SnapLogic with world first Generative Integration Solution
SnapLogic, the generative integration platform, has announced the general availability of SnapGPT, the world's first generative integration solution.
Enterprise market applications to grow to $483.1bn by 2027
Worldwide revenue for enterprise applications is set to reach $483.1 billion by 2027, with cloud software driving growth, according to a forecast by IDC.
Databricks appoints Adam Beavis as ANZ VP & Country Manager
Databricks appoints Adam Beavis as VP for ANZ, driving growth and data lakehouse adoption in key APAC market. #Databricks #ANZgrowth.
Gallagher Expands with Jake Franklin as Technical Business Development Manager
Gallagher Security appoints Jake Franklin as Technical Business Development Manager, expanding operations in the Mid-Atlantic region.
Telecom network infrastructure market expected to reach $176bn by 2033
The market is expanding due to the construction of more network towers, improved connectivity, and the reorganisation of telecom solutions.
Confluent launches partner program to empower real-time data capabilities
The program is designed to enable partners to bring fully managed data streams directly to their customers through native integrations with Confluent Cloud.
Weak demand and changing IT budgets causes drop in PC shipments
Global PC shipments continue to decline, falling 13.4% in 2Q23, marking the sixth consecutive quarter of contraction, according to IDC.
Demand for communication tests and measurements on the rise - report
The communication test and measurement market is capturing a valuation of US$8.01 billion in 2023 and is predicted to reach US$17.78 billion by 2033.
Data backup and recovery market driven by challenges and innovations
The global market for data backup and recovery software was valued at US$9.5 billion in 2022, is anticipated to increase to US$17.5 billion by 2030.
Global computer graphics market to be US$464.2 million by 2033: FMI
The global computer graphics market is poised for substantial growth, by a steady CAGR of 8.3%, with projected revenues surpassing US$464.2 million by 2033.
Submarine optical fibre cables market to be US$67.8 billion by 2033: FMI
The global submarine optical fibre cable market's revenue is projected to increase from its current value of US$20.6 billion in 2023.
eSports and games streaming market to be US$8 billion by 2033: FMI
The global eSports and games streaming market is expected to grow by US$8 billion from 2023 to 2033, accelerating at a CAGR of 11.9%, according to FMI.
Resiliency and automation to drive Europe’s software market: IDC
According to the IDC, demand for improved resiliency and automation will drive the European software market growth until 2027.
Computational fluid dynamics market continues to expand - FMI
The worldwide computational fluid dynamics (CFD) market is projected to reach US$5.7 billion by 2033, driven by demand from various industries.
VIPRE extends partner support with new Microsoft campaign
VIPRE Security Group has launched its Microsoft Better Together Campaign, providing cybersecurity solutions for Microsoft Partners.
Military communications market to be US$116.96 billion by 2033: FMI
The military communications market is valued at US$ 43.09 billion in 2023, and with a CAGR of 10.5% through 2033, it is predicted to reach US$116.96 billion.
FMI investigates quickly growing eCommerce logistics market
FMI has found the market is predicted to reach US$626.23 billion in 2023. It's anticipated to develop at a CAGR of 17.8%, reaching US$3221.36 billion by 2033.