Compound Annual Growth Rate (CAGR) stories
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.