CFOtech Asia - Technology news for CFOs & financial decision-makers

Compound Annual Growth Rate (CAGR) stories - Page 2

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New Relic names Simon Lee as head of APJ operations

Tue, 21st Jan 2025
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New Relic has appointed Simon Lee as Senior Vice President and Managing Director for Asia-Pacific and Japan, aiming to drive growth in observability solutions.
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Fitness apps face scrutiny over data security risks

Tue, 7th Jan 2025
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As digital fitness services surge in popularity, Kaspersky warns users of potential data security risks, urging precautions to protect personal information.
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Cloud contact centre market grows, driven by demand for customer engagement

Thu, 19th Dec 2024
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The global cloud contact centre market is set to soar to USD $26,846.9 million by 2024, driven by increasing demand for scalable customer engagement solutions.
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Edge AI market to hit USD $71 billion by 2034, report says

Wed, 11th Dec 2024
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The global Edge AI market is set to soar to USD $71.1 billion by 2034, fuelled by advances in IoT, 5G, and a demand for energy-efficient technologies.
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Industrial cybersecurity market to double by 2033

Tue, 10th Dec 2024
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The industrial cybersecurity market is set to grow at 7.8% CAGR, reaching USD $46.96 billion by 2033, driven by IoT and cloud security adoption.
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Colt expands Sydney network, boosting connectivity options

Fri, 6th Dec 2024
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Colt Technology Services plans a major network expansion in Sydney, integrating over 250 buildings and 20 data centres with connectivity up to 400Gbps.
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Industrial software market to reach USD $355 billion by 2030

Wed, 4th Dec 2024
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The global industrial software market is set to surge from USD $146 billion in 2023 to USD $355 billion by 2030, driven by cloud and AI innovations.
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Global cellular IoT connections exceed 4 billion in 2024

Wed, 27th Nov 2024
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The global cellular IoT market surpassed 4 billion connections in 2024, fuelled by advancements in 5G and LTE Cat 1 bis technologies.
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India's data centre capacity to grow 66% by 2026: JLL

Tue, 26th Nov 2024
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India's data centre capacity is set to soar by 66% by 2026, with an addition of 604 MW, driven by AI advancements and extensive 5G rollout.
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Genetec secures second spot in global access control market

Wed, 20th Nov 2024
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Genetec has secured the number two position in the global access control market, showcasing a strong 28% growth rate over six years, says Omdia.
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The accelerating data centre boom in Southeast Asia: Are you Prepared?

Tue, 12th Nov 2024
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Southeast Asia's data centre sector is booming, driven by AI growth and projected to expand by 10-28% over the next five years, according to research.
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Transmit Security leads in account takeover prevention

Fri, 25th Oct 2024
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Transmit Security has been named a leader in account takeover fraud prevention, as the market for these solutions is set to grow significantly by 2028.
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Orca Security expands into ANZ with Wavelink partnership

Mon, 21st Oct 2024
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Orca Security is expanding into Australia and New Zealand, partnering with Wavelink and relocating co-founder Avi Shua to bolster cloud security solutions.
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Software defined data centre market to hit USD $1.49tn

Thu, 17th Oct 2024
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The global software defined data centre market is set to reach USD $1.49 trillion by 2036, driven by advancements and rising data centre demands.
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Gamified healthcare apps market set to hit USD $31 billion

Fri, 4th Oct 2024
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The gamified healthcare app market is predicted to soar to USD $31 billion by 2034, bolstered by rising chronic disease incidences.
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Capmont Technology launches €100m fund for B2B tech startups

Wed, 2nd Oct 2024
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Capmont Technology unveils a €100 million fund to invest in B2B tech startups, boosting its total funding to €300 million.
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Westcon-Comstor adds Stratus to vendor list, boosts IoT division

Fri, 27th Sep 2024
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Westcon-Comstor expands its IoT portfolio by partnering with Stratus Technologies to offer advanced edge computing solutions across EMEA, targeting digital transformation.
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Industrial DataOps set to revolutionise digital transformation

Fri, 27th Sep 2024
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Industrial DataOps is set to transform digital landscapes, with the global industrial connectivity market projected to rise from USD $89 billion to USD $104 billion by 2028.
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Jitterbit unveils AI-infused App Builder 4.0 during Coding Week

Thu, 26th Sep 2024
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Jitterbit launches AI-powered App Builder 4.0 during National Coding Week, promising faster, more intuitive low-code app development for all skill levels.
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Private 5G connections to grow 65.4% annually until 2030

Thu, 19th Sep 2024
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Private 5G connections are set to soar with a 65.4% annual growth until 2030, driven by security needs and industrial demand, reports IoT Analytics.