Compound Annual Growth Rate (CAGR) stories - Page 3
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.
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.
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.
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.
Forrester's 2025 predictions reveal mixed trends in AI & tech
Wed, 11th Sep 2024
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Forrester's 2025 Predictions reports forecast AI and tech trends, highlighting AI investment pitfalls and increased AIOps adoption to manage tech debt.
Integrity360 acquires Grove to expand global cyber security presence
Thu, 29th Aug 2024
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Integrity360 has acquired South Africa-based cyber security firm Grove Group, boosting its global reach and expanding its service capabilities. Financial terms undisclosed.
Reltio appoints James Redfern as new Chief Financial Officer
Wed, 21st Aug 2024
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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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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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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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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.
Ignition & ExtraHop join forces to boost UK cyber defences
Wed, 24th Jul 2024
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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
Tue, 23rd Jul 2024
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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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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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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
Thu, 11th Jul 2024
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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
Thu, 11th Jul 2024
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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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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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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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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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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.