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

Compound Annual Growth Rate (CAGR) stories - Page 3

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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.