CAGR / Compound Annual Growth Rate stories
Indosat acquires MNC Play customer assets to expand FTTH business
Indosat Ooredoo Hutchison boosts its Fiber-to-the-home enterprise by acquiring PT MNC Kabel Mediacom customer assets.
Access4 names Virtual IT Group as its Diamond++ Partner in Australia
UCaaS provider Access4 has crowned Virtual IT Group as its Diamond++ Partner in Australia, following VITG's strategic acquisitions.
Military cyber security market to reach $7.2 billion by 2029
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
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
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
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
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
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
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
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
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
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.
Worldwide IoT spending to surpass $1 trillion in 2026 - IDC
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
According to the IDC, demand for improved resiliency and automation will drive the European software market growth until 2027.
Computational fluid dynamics market continues to expand - FMI
The worldwide computational fluid dynamics (CFD) market is projected to reach US$5.7 billion by 2033, driven by demand from various industries.
Demand for original video content on the up, software market follows suit
The video streaming software market is anticipated to progress at an impressive CAGR of 10.2% to reach US$12.87 billion by the end of 2030, according to FMI.
Demand for advanced driver assistance tech grows - FMI
The market for ADAS calibration equipment is expected to reach $277.8 million by 2023, with sales forecasted to grow at a CAGR of 12.6%.
ServiceNow tech services market size set to grow at CAGR of 17.4%
The ServiceNow tech services market is set to reach US$123.2 billion by 2033, driven by demand from healthcare and media sectors, according to FMI.
IDC releases first ever report on performance intensive computing as a service
The performance-intensive computing as a service (PICaaS) market is projected to grow to $103.1 billion by 2027, according to IDC.
FMI: Increase in DDoS attacks to boost market CAGR by 16%
Future Market Insights (FMI) has released new research showing DDoS attacks grew by 109% in 2022, boosting the protection market to an expected 16% CAGR.
FMI: Virtual event platforms market to reach $17b in 5 years
Future Market Insights (FMI) has released new research showing the virtual event platforms market is expected to grow to USD$17.05 billion by the end of 2028.
2032 digital substation market to be US$14.11 billion: FMI
The digital substation market was valued at US$6.5 billion in 2021. It is expected to be US$14.11 billion by 2032, growing at a 7.3% CAGR from 2022 to 2032.
Smartphone market slower to recover than expected - IDC
Real market recovery is not expected to occur until 2024, when IDC expects 5.9% year-over-year growth followed by low single-digit growth.
Botnet detection market to be US$11 billion by 2032: FMI
The adoption of botnet detection is estimated to grow with a CAGR of 33.6% from 2022 to 2032; hence measures must be undertaken to mitigate bot traffic.