Compound Annual Growth Rate Stories - Page 6

Global Stories

Compound Annual Growth Rate (CAGR) stories

Exclusive: How Fluent Commerce is shaking up the OMS industry

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.

By Tom Raynel • 3 min read • Mon, 15th Apr 2024

Unified Communications

5G services market projected to exceed $919.4bn by 2031

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.

By Tom Raynel • 3 min read • Mon, 15th Apr 2024

Microsemi

Electronic Design Automation software market to hit $11.2bn

Global Electronic Design Automation software market expected to exceed US$11.2bn due to increased adoption of IoT devices.

By Shannon Williams • 3 min read • Fri, 5th Apr 2024

Advanced Persistent Threat Protection

Gigamon holds 63% share in booming deep observability market

Gigamon leads the deep observability market, accounting for a 63% share and 61% growth in 2023, thanks to its network monitoring pipeline.

By Shannon Williams • 3 min read • Fri, 5th Apr 2024

Power / Energy

Data centre chip market to surge, aims for $23.8bn by 2032

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.

By Shannon Williams • 3 min read • Thu, 4th Apr 2024

DataCentre infrastructure

Data centre containment solutions market to hit $3.17bn

Global data centre containment solutions market forecasted to surge to $3.17bn by 2034 due to increased investments by large corporations.

By Shannon Williams • 3 min read • Wed, 3rd Apr 2024

Artificial Intelligence

Data centre market boom predicted by 2024 Global Index report

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.

By Sean Mitchell • 2 min read • Wed, 27th Mar 2024

Convergence

Global UCaaS market to reach 131 million users by 2028

Global Unified Communications as a Service market set for a 10.3% growth over the next five years, with mobile UCaaS services gaining momentum.

By Shannon Williams • 3 min read • Fri, 22nd Mar 2024

Artificial Intelligence

Cornerstone acquires Talespin's XR capabilities to redefine workspace learning

Cornerstone OnDemand bolsters its position in learning and talent experience solutions, acquiring Talespin's extended reality capabilities.

By Shannon Williams • 3 min read • Thu, 21st Mar 2024

Internet of Things

IoT market projected to grow 17% annually till 2030, reveals report

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.

By Shannon Williams • 2 min read • Sun, 17th Mar 2024

Google

Wearable AI market predicted to surge to $230bn by 2033

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%.

By Shannon Williams • 3 min read • Thu, 14th Mar 2024

Network Infrastructure

Colt & Versa Networks reach milestone of 1,000 SD-WAN services

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.

By Sean Mitchell • 2 min read • Wed, 28th Feb 2024

Hybrid Cloud

Cloud migration services market set to hit $55.55bn by 2032

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%.

By Tom Raynel • 3 min read • Wed, 14th Feb 2024

Semiconductors

Wi-Fi chipset market poised to hit $34.5bn by 2033 with 4.4% CAGR

Rising adoption of IoT devices, smart home appliances and widespread internet connectivity is set to push the Wi-Fi chipset market value beyond expectations.

By Catherine Knowles • 3 min read • Fri, 2nd Feb 2024

Unified Communications

Sydney ranks fourth in interconnection bandwidth in new Equinix report

Sydney was named Asia-Pacific's fourth-largest core metro for interconnection bandwidth as per the 2024 Global Interconnection Index (GXI) report.

By Tom Raynel • 3 min read • Wed, 31st Jan 2024

Enterprise Content Management

Reveille Software reports 50% revenue rise & expansion in 2023

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.

By Kaleah Salmon • 3 min read • Mon, 29th Jan 2024

Digital Transformation

Eco-digital economy set to hit $33tn by 2028, new report reveals

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.

By Sean Mitchell • 3 min read • Thu, 25th Jan 2024

Stories from Other Regions

Compound Annual Growth Rate (CAGR) stories

Network Infrastructure

Colt delivers 1000 Versa SD-WAN services spanning 55 nations

Colt Technology Services has delivered its 1,000th Versa SD-WAN service, marking significant progress in automating global digital services across 55 nations, including Asian markets.

By Catherine Knowles • 3 min read • Mon, 4th Mar 2024

Hybrid & Remote Work

ESET unveils new Asia Pacific headquarters in Singapore

ESET, a renowned digital security firm, has launched its new Asia Pacific headquarters in Singapore, demonstrating commitment to the region's evolving cybersecurity landscape and digital economy.

By Catherine Knowles • 3 min read • Tue, 30th Jan 2024

Analyst report

HFCL secures INR 623 crore order for Indian-made 5G gear

HFCL Limited has inked a milestone INR 623 crore deal for the supply of indigenously-made 5G networking gear, making it the first Indian company to secure such a large order.

By Catherine Knowles • 3 min read • Wed, 24th Jan 2024