Compound Annual Growth Rate (CAGR) stories - Page 5
IoT market projected to grow 17% annually till 2030, reveals report
Sun, 17th Mar 2024
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iot
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genai
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ai
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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google
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apple
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samsung
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%.
Colt & Versa Networks reach milestone of 1,000 SD-WAN services
Wed, 28th Feb 2024
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network infrastructure
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digital transformation
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sd-wan
Colt Technology Services, in collaboration with Versa Networks, delivers its 1,000th SD-WAN service across 55 countries, significantly reducing global customers' connection time and enhancing network security.
Cloud migration services market set to hit $55.55bn by 2032
Wed, 14th Feb 2024
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hybrid cloud
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digital transformation
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hyperscale
The market forecast predicts the cloud migration services industry to soar from USD $12.03 billion in 2022 to USD $55.55 billion by 2032, a CAGR of 16.80%.
Wi-Fi chipset market poised to hit $34.5bn by 2033 with 4.4% CAGR
Fri, 2nd Feb 2024
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semiconductors
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iot
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connectivity
Rising adoption of IoT devices, smart home appliances and widespread internet connectivity is set to push the Wi-Fi chipset market value beyond expectations.
Sydney ranks fourth in interconnection bandwidth in new Equinix report
Wed, 31st Jan 2024
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uc
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digital transformation
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hyperscale
Sydney was named Asia-Pacific's fourth-largest core metro for interconnection bandwidth as per the 2024 Global Interconnection Index (GXI) report.
Reveille Software reports 50% revenue rise & expansion in 2023
Mon, 29th Jan 2024
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ecm
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martech
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rpa
Reveille Software reports marked progress in 2023 with a 50% surge in subscription revenue and a 15% staff increase, enhanced by a rapidly growing global ECM market.
Eco-digital economy set to hit $33tn by 2028, new report reveals
Thu, 25th Jan 2024
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digital transformation
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edge computing
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genai
The eco-digital economy, marrying sustainability with digital progression, is set to swell from $16.6tn to around $33tn by 2028, a 15% CAGR, says a Capgemini/Harvard report.
Hardware security modules market set to double by 2028
Tue, 9th Jan 2024
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encryption
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martech
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software development
The global HSMs market is set to rise from $1.2bn in 2023 to $2.3bn by 2028, driven by growing cyber threats, data security needs and digital transactions.
Marketing analytics software sector riding high on AI & ML adoption
Thu, 4th Jan 2024
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digital transformation
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risk & compliance
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data privacy
The global marketing analytics market is bolstered by increased adoption across sectors such as retail and manufacturing for improved AI and ML processes.
SIAM market set to increase from $4.8bn to $6bn by 2028
Tue, 2nd Jan 2024
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digital transformation
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cx
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martech
The global Service Integration and Management market is set to grow to $6 billion by 2028, driven by large enterprises and the manufacturing sector.
Demand for Microsoft Dynamics set to triple by 2033
Tue, 2nd Jan 2024
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crm
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uc
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data analytics
The Microsoft Dynamics market is expected to triple in value due to rising demand for its productivity-boosting software solutions.
Hyperscale cloud market projected to hit $3.4tn by 2034
Tue, 2nd Jan 2024
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digital transformation
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edge computing
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ai
The hyperscale cloud market is predicted to reach a monumental $3.4tn by 2034, driven by digital transformation initiatives worldwide.
Global modular data centres market to reach $81.2bn by 2030
Tue, 2nd Jan 2024
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virtualisation
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network infrastructure
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data analytics
The global modular data centres market is anticipated to surge to USD$81.2bn by 2030, due to efficiency and flexibility, says Research and Markets report.
Growing cyber crime rate boosts next-gen firewall market growth
Mon, 1st Jan 2024
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firewalls
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hyperscale
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public cloud
Due to rising cyber crime, the next-gen firewall market is projected to grow at a CAGR of 10.48% between 2021 and 2028, per a Knowledge Sourcing Intelligence study.
Global smart TV shipments expected to drop in 2023, IDC reveals
Fri, 29th Dec 2023
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clean technologies
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samsung
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amazon
Global smart TV shipments are expected to decrease by 5.5% in 2023, with zero growth in 2024, according to the IDC, amid economic challenges and consumer demand shifts. However, the Indian market bucks this trend showing robust growth.
UNICOM expands immersion-ready servers in partnership with Intel and Dell
Fri, 29th Dec 2023
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network infrastructure
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supply chain
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ai
UNICOM Engineering advances technological horizons with an expanded portfolio of immersion-ready servers.
Content protection market to grow by $1 billion by 2028
Thu, 28th Dec 2023
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advanced persistent threat protection
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cybersecurity
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technavio
The surge in market growth is propelled by several strategies and technologies safeguarding digital content, according to a new report from Technavio.
Global GenAI investment to surge to $151.1 billion by 2027, says IDC
Thu, 28th Dec 2023
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genai
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ai
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pc hardware
Worldwide investment in GenAI set to soar, reaching a predicted $151.1bn by 2027 according to IDC.
5G MVNO market projected to reach $132 billion by 2029
Thu, 28th Dec 2023
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digitisation
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bandwidth
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investment
5G MVNO market forecasted to reach $132.03bn by 2029, harnessing 5G technology without the need for physical infrastructure.