Compound Annual Growth Rate (CAGR) stories
Industrial DataOps is set to transform digital landscapes, with the global industrial connectivity market projected to rise from USD $89 billion to USD $104 billion by 2028.
Jitterbit launches AI-powered App Builder 4.0 during National Coding Week, promising faster, more intuitive low-code app development for all skill levels.
Private 5G connections are set to soar with a 65.4% annual growth until 2030, driven by security needs and industrial demand, reports IoT Analytics.
Forrester's 2025 Predictions reports forecast AI and tech trends, highlighting AI investment pitfalls and increased AIOps adoption to manage tech debt.
Integrity360 has acquired South Africa-based cyber security firm Grove Group, boosting its global reach and expanding its service capabilities. Financial terms undisclosed.
Reltio has named James Redfern as its new CFO to lead global finance during a pivotal growth phase, leveraging AI opportunities.
The edge data centre market will soar to USD $317 billion by 2026, fuelled by the rise of IoT and generative AI, marking a 107% growth.
Driven by IoT and generative AI, the global edge data centre market is set to surge to USD $317 billion by 2026, up 107% from 2020.
Snom Technology collaborates with Cal4Care Group to expand its VoIP market reach in Singapore, Malaysia, and Thailand, eyeing rapid growth in the Asia-Pacific region.
The green tech market is set to surge with a 22.4% CAGR from $16.25 billion in 2022 to $122.69 billion by 2032, driven by emerging regions and innovation.
The global cellular IoT connectivity market surged in 2023, generating USD $15 billion from 3.6 billion connections, driven by a 23% growth rate, IoT Analytics reports.
HR Path has secured a landmark EUR €500 million investment from Ardian, fuelling its expansion and service enhancement in the Asia Pacific region.
Fortinet has been named a Challenger in the 2024 Gartner Magic Quadrant for Single-Vendor SASE, highlighting its efforts in simplifying operations and enhancing security.
The enterprise IoT market hit USD $269 billion in 2023, with 15% growth. Expected deceleration in 2024 due to economic concerns could shift investment focus to software.
The global smart city kiosk market is set for robust growth, expanding from USD $26.9 billion in 2023 to USD $93.7 billion by 2034, with a 12.2% CAGR, per Future Market Insights.
The global cloud governance platform market is set to hit USD $3.87 billion by 2034, driven by AI integration, hybrid cloud adoption, and compliance needs.
Capmont Technology unveils a €100 million fund to invest in B2B tech startups, boosting its total funding to €300 million.
Westcon-Comstor expands its IoT portfolio by partnering with Stratus Technologies to offer advanced edge computing solutions across EMEA, targeting digital transformation.
Ignition Technology partners with ExtraHop to boost UK network visibility and security, integrating solutions like CrowdStrike to address growing cyber threats.
Siemens has unveiled a new 6,000 sq metre Center of Competence for Data Centers in Chennai, India, targeting APAC's booming market projected to hit USD $75 billion by 2025.