Compound Annual Growth Rate (CAGR) stories - Page 3
Reltio appoints James Redfern as new Chief Financial Officer
Wed, 21st Aug 2024
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ai
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management
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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.
Edge data centre market to exceed $300 billion by 2026
Tue, 13th Aug 2024
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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.
Global edge data centre market poised to hit USD $317 billion
Tue, 13th Aug 2024
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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.
Snom Technology partners with Cal4Care for APAC expansion
Tue, 30th Jul 2024
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public sector
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vtech
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cagr
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.
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.
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.
HR Path secures massive €500 million investment from Ardian
Mon, 15th Jul 2024
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expansion
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run
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cagr
HR Path has secured a landmark EUR €500 million investment from Ardian, fuelling its expansion and service enhancement in the Asia Pacific region.
Fortinet recognised as Challenger in 2024 Gartner Magic Quadrant
Thu, 11th Jul 2024
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firewalls
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network infrastructure
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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.
Enterprise IoT market hits USD $269 billion amid growth shifts
Thu, 11th Jul 2024
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uc
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software
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investment
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.
Growth forecast for smart city kiosk market to reach USD $93.7bn
Wed, 10th Jul 2024
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uc
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iot
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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.
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.
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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clean technologies
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.
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.
SMT market to reach USD$16.8 billion by 2034 – FMI
Wed, 19th Jun 2024
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uc
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displays
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ai
The surface mount technology market is set to soar, driven by advances in electronics, healthcare, telecom, and automotive sectors.
APAC tech spending to surge to USD $710 billion in 2024
Tue, 18th Jun 2024
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ai
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it services
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cagr
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.
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.
IoT logistics market to reach USD $125.9 billion by 2031
Thu, 6th Jun 2024
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drones
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cx
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martech
The IoT logistics market is forecast to soar, reaching USD $125.9 billion by 2031, driven by advancements in real-time tracking, predictive maintenance, and supply chain optimisation.
Colt announces expansion strategy into six new Asian markets
Thu, 6th Jun 2024
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network infrastructure
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sd-wan
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hyperscale
Colt Technology Services is set to invest EUR €100 million to expand into six Asian markets, aimed at boosting digital infrastructure and cloud adoption in the APAC region.
AI smartphones set to transform mobile industry by 2028
Wed, 29th May 2024
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data privacy
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agentic ai
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ai models
AI-capable smartphones are set to transform the mobile industry, with 54% expected to integrate AI by 2028, driving new competitive and revenue strategies.
AI in media & entertainment market to reach USD $51.37 billion
Wed, 29th May 2024
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data analytics
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digital transformation
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digital entertainment
The artificial intelligence in media and entertainment market is set to rise from USD $10.24 billion in 2024 to USD $51.37 billion by 2034, driven by a 17.5% CAGR.