Compound Annual Growth Rate (CAGR) stories
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Ignition & ExtraHop join forces to boost UK cyber defences
4 days ago
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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
4 days ago
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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
Last week
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iot
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smart cities
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5g & beyond
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
This month
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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
This month
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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
This month
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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
This month
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telco
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investment
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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
This month
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iot
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5g & beyond
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wireless networks
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
This month
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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
This month
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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
Last month
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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
Last month
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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
Last month
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ai
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ml
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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
Last month
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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
Last month
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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.
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IoT logistics market to reach USD $125.9 billion by 2031
Last month
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cx
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martech
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drones
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.
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Neat launches Neat Center in Australia & New Zealand
Last month
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ai
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hybrid & remote work
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dicker data
Norwegian firm Neat launches its Neat Center in Australia and New Zealand, as hybrid work fuels demand for advanced video conferencing tech priced at USD $2,290.
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Colt announces expansion strategy into six new Asian markets
Last month
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sd-wan
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network infrastructure
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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.
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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.
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AI smartphones set to transform mobile industry by 2028
Wed, 29th May 2024
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smartphones
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data privacy
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personal computing devices
AI-capable smartphones are set to transform the mobile industry, with 54% expected to integrate AI by 2028, driving new competitive and revenue strategies.