Compound Annual Growth Rate (CAGR) stories - Page 6
Growing cyber crime rate boosts next-gen firewall market growth
Mon, 1st Jan 2024
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firewalls
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hyperscale
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public cloud
Due to rising cyber crime, the next-gen firewall market is projected to grow at a CAGR of 10.48% between 2021 and 2028, per a Knowledge Sourcing Intelligence study.
Global smart TV shipments expected to drop in 2023, IDC reveals
Fri, 29th Dec 2023
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clean technologies
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samsung
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amazon
Global smart TV shipments are expected to decrease by 5.5% in 2023, with zero growth in 2024, according to the IDC, amid economic challenges and consumer demand shifts. However, the Indian market bucks this trend showing robust growth.
UNICOM expands immersion-ready servers in partnership with Intel and Dell
Fri, 29th Dec 2023
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network infrastructure
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supply chain
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ai
UNICOM Engineering advances technological horizons with an expanded portfolio of immersion-ready servers.
Content protection market to grow by $1 billion by 2028
Thu, 28th Dec 2023
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advanced persistent threat protection
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cybersecurity
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technavio
The surge in market growth is propelled by several strategies and technologies safeguarding digital content, according to a new report from Technavio.
Global GenAI investment to surge to $151.1 billion by 2027, says IDC
Thu, 28th Dec 2023
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genai
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ai
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pc hardware
Worldwide investment in GenAI set to soar, reaching a predicted $151.1bn by 2027 according to IDC.
5G MVNO market projected to reach $132 billion by 2029
Thu, 28th Dec 2023
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digitisation
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bandwidth
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investment
5G MVNO market forecasted to reach $132.03bn by 2029, harnessing 5G technology without the need for physical infrastructure.
ServiceNow to acquire task mining firm UltimateSuite for AI boost
Thu, 21st Dec 2023
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it automation
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rpa
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customers
ServiceNow is set to acquire task mining firm UltimateSuite to bolster its AI capabilities and enhance process mining.
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Military cyber security market to reach $7.2 billion by 2029
Fri, 1st Dec 2023
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digital transformation
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advanced persistent threat protection
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ai
Surge predicted in military cyber security market, poised to reach a significant $7.2bn by 2029, according to figures from Adroit Market Research.
Gigamon leads the way in deep observability market, says 650 Research
Mon, 27th Nov 2023
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public cloud
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breach prevention
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cloud services
Gigamon has been recognised as a top vendor in the burgeoning deep observability market, according to a new study by 650 Research.
Digital ad fraud detection market set to hit USD $190 billion by 2030
Tue, 21st Nov 2023
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blockchain
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martech
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data privacy
Report forecasts global digital ad fraud detection software market to reach a soaring USD $190 billion by 2030.
Dramatic growth projected for digital twin market, says IoT Analytics
Fri, 17th Nov 2023
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uc
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iot
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supply chain
Projection sees digital twin market growing at CAGR of 30% between 2023 and 2027, states IoT Analytics report.
Data center market to hit $279bn by 2032 due to global digitalisation
Sat, 11th Nov 2023
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data analytics
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digital transformation
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hyperscale
Global data centre valuation projected to reach $279bn by 2032, driven by rising digital infrastructure investments.
Security printing market to reach USD 5.6 billion by 2030, says report
Sat, 28th Oct 2023
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government
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printing
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stamps
Security printing forecasted to hit a valuation of USD 5.6 billion by 2030, bolstered by a surge in demand to thwart counterfeiting.
Voice analytics market projected to reach USD 9.33 billion by 2030
Wed, 18th Oct 2023
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uc
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biometrics
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cx
The voice analytics market is set to soar to $9.33bn by 2030, fuelled by growing use of voice recognition tech.
ICT spending expected to bounce back after a slow 2023
Mon, 25th Sep 2023
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ict
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software
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market
Worldwide spending on ICT is forecast to grow steadily through 2027 with a 5.7% CAGR, following a slightly slower 2023.
Pump control panels market to be US$2.6 billion by 2033: FMI
Fri, 8th Sep 2023
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iot
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iiot
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it automation
The market for industrial pump control panels is projected to create an incremental opportunity of US$1 billion in the review period 2023 to 2033.
Enterprise market applications to grow to $483.1bn by 2027
Wed, 2nd Aug 2023
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hybrid cloud
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supply chain
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market
Worldwide revenue for enterprise applications is set to reach $483.1 billion by 2027, with cloud software driving growth, according to a forecast by IDC.
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PPDS appoints Jens Wunderlich as Global Product Manager for LED Displays
Tue, 1st Aug 2023
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digital signage
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cagr
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ppds
PPDS appoints industry veteran Jens Wunderlich as Global Product Manager, driving growth and innovation for LED displays worldwide.
Worldwide IoT spending to surpass $1 trillion in 2026 - IDC
Wed, 21st Jun 2023
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iot
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supply chain
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it budget
Investments in the IoT ecosystem are expected to surpass $1 trillion in 2026 with a CAGR of 10.4% over the 2023-2027 forecast period, the analysts find.
Resiliency and automation to drive Europe's software market: IDC
Sat, 10th Jun 2023
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saas
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it automation
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apps
According to the IDC, demand for improved resiliency and automation will drive the European software market growth until 2027.