Compound Annual Growth Rate (CAGR) stories - Page 1
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Integrity360 acquires Grove to expand global cyber security presence
Last week
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soc
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ai security
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edr
Integrity360 has acquired South Africa-based cyber security firm Grove Group, boosting its global reach and expanding its service capabilities. Financial terms undisclosed.
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Reltio appoints James Redfern as new Chief Financial Officer
Last month
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ai
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cfo
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tax
Reltio has named James Redfern as its new CFO to lead global finance during a pivotal growth phase, leveraging AI opportunities.
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Edge data centre market to exceed $300 billion by 2026
Last month
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storage
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hyperscale
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edge computing
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.
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Global edge data centre market poised to hit USD $317 billion
Last month
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storage
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hyperscale
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iot
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.
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Snom Technology partners with Cal4Care for APAC expansion
Tue, 30th Jul 2024
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public sector
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south korea
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japan
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.
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Ignition & ExtraHop join forces to boost UK cyber defences
Wed, 24th Jul 2024
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advanced persistent threat protection
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ai security
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ndr
Ignition Technology partners with ExtraHop to boost UK network visibility and security, integrating solutions like CrowdStrike to address growing cyber threats.
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Green technology market to hit USD $122.69 billion by 2032
Tue, 23rd Jul 2024
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iot
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power / energy
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ai
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.
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Global cellular IoT market reaches USD $15 billion in 2023
Thu, 18th Jul 2024
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uc
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smart cities
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iot
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.
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HR Path secures massive €500 million investment from Ardian
Mon, 15th Jul 2024
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asia pacific
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germany
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canada
HR Path has secured a landmark EUR €500 million investment from Ardian, fuelling its expansion and service enhancement in the Asia Pacific region.
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Siemens opens new Data Center hub in Chennai, India
Thu, 11th Jul 2024
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dc
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hyperscale
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market
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.
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Fortinet recognised as Challenger in 2024 Gartner Magic Quadrant
Thu, 11th Jul 2024
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network infrastructure
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firewalls
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sd-wan
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.
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Enterprise IoT market hits USD $269 billion amid growth shifts
Thu, 11th Jul 2024
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uc
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telco
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software
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.
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Growth forecast for smart city kiosk market to reach USD $93.7bn
Wed, 10th Jul 2024
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iot
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uc
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5g & beyond
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.
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Global cloud governance market to reach USD $3.87bn by 2034
Fri, 5th Jul 2024
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hybrid cloud
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data analytics
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hyperscale
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.
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HID report reveals top trends in physical access control industry
Wed, 3rd Jul 2024
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surveillance
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ai
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cleantech
HID's 2024 State of Physical Access Control Report reveals key trends shaping the industry, including mobile access, AI, and sustainability influencing access control upgrades.
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Nebula Global ranked ninth on FEBE Growth 100 for 2024
Fri, 21st Jun 2024
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cx
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martech
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cleantech
Nebula Global Services has landed ninth place on the FEBE Growth 100 list for 2024, applauded for its commitment to sustainable and ethical IT services.
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Unified Commerce Benchmark study highlights retail leaders in Singapore
Thu, 20th Jun 2024
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cx
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martech
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commerce systems
Manhattan Associates' Unified Commerce Benchmark for Specialty Retail unveils key findings from Singapore's retail sector, spotlighting leaders like Nike, Adidas, and Dior.
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SMT market to reach USD$16.8 billion by 2034 – FMI
Wed, 19th Jun 2024
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uc
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ai
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panasonic
The surface mount technology market is set to soar, driven by advances in electronics, healthcare, telecom, and automotive sectors.
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APAC tech spending to surge to USD $710 billion in 2024
Tue, 18th Jun 2024
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ai
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apac
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asia pacific
Tech spending in APAC is set to rise by 6.4%, totalling USD $710 billion in 2024, driven by AI and cloud tech. Key players like China, India, and Australia are leading this growth.
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Global HealthTech market projected to reach USD $33.1 billion by 2034
Tue, 18th Jun 2024
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ai
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healthtech
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modernisation
The HTM market, valued at USD $8.2 billion in 2024, is predicted to hit USD $33.1 billion by 2034, driven by advances in medical tech and efficient equipment management.