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CAGR / Compound Annual Growth Rate stories

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Cellular IoT module market set to rebound in 2024 after 2023 dip
2 days ago
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iot
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edge computing
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analyst report
Despite a 16% drop in cellular IoT module and chipset shipments in 2023, the market is expected to recover by 2024, driven by rising uptake of AI-enabled cellular IoT modules, finds a new report.
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Sapro-Tech forms strategic partnership with top NZ fashion firms
3 days ago
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nz
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climate change
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investment
NZ firm Sapro-Tech forms strategic alliances with leading fashion brands SABEN, taylor, Velvet Heartbeat, and YY NATION, promoting sustainable materials derived from fungi.
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Exclusive: How Fluent Commerce is shaking up the OMS industry
4 days ago
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martech
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commerce systems
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ai
In an exclusive, Fluent Commerce's Chief Strategy Officer, Jamie Cairns, illuminates how the Australian firm is revolutionising how global businesses manage orders and inventory.
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5G services market projected to exceed $919.4bn by 2031
Last week
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network infrastructure
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smart cities
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managed services
The global 5G services market set to skyrocket beyond USD 919.4bn by 2031, boasting an impressive CAGR of 30.8% and transforming the digital landscape.
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Electronic Design Automation software market to hit $11.2bn
This month
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smartphones
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technology gifts
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microsemi
Global Electronic Design Automation software market expected to exceed US$11.2bn due to increased adoption of IoT devices.
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Gigamon holds 63% share in booming deep observability market
This month
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advanced persistent threat protection
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breach prevention
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cyber threats
Gigamon leads the deep observability market, accounting for a 63% share and 61% growth in 2023, thanks to its network monitoring pipeline.
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Data centre chip market to surge, aims for $23.8bn by 2032
This month
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power / energy
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ml
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ai
The data centre chip market is set for an 8.1% CAGR between 2022 and 2032, driven by increasing data generation and the need for efficient processing.
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Data centre containment solutions market to hit $3.17bn
This month
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big data
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colocation
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bi
Global data centre containment solutions market forecasted to surge to $3.17bn by 2034 due to increased investments by large corporations.
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Data centre market boom predicted by 2024 Global Index report
Last month
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ai
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mumbai
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asia pacific
The global data centre market should brace for high-demand and swift AI adoption, led by significant growth in the Asia Pacific, says a report by DC Byte.
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Global UCaaS market to reach 131 million users by 2028
Last month
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cagr
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mobile
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convergence
Global Unified Communications as a Service market set for a 10.3% growth over the next five years, with mobile UCaaS services gaining momentum.
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Cornerstone acquires Talespin's XR capabilities to redefine workspace learning
Last month
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ai
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vr
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ar
Cornerstone OnDemand bolsters its position in learning and talent experience solutions, acquiring Talespin's extended reality capabilities.
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IoT market projected to grow 17% annually till 2030, reveals report
Last month
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iot
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ai
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cybersecurity
IoT Analytics' Spring 2024 report reveals key trends, including the coalescence of AI and IoT, driving a projected 17% compound growth of the $236bn IoT market till 2030.
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Wearable AI market predicted to surge to $230bn by 2033
Last month
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apple
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technology gifts
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samsung
The wearable AI market is forecasted to balloon to $230bn by 2033 as advanced technology and an expanding smartphone market drive a CAGR of 27.6%.
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Colt delivers 1000 Versa SD-WAN services spanning 55 nations
Last month
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network infrastructure
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wfh
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digital transformation
Colt Technology Services has delivered its 1,000th Versa SD-WAN service, marking significant progress in automating global digital services across 55 nations, including Asian markets.
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Colt & Versa Networks reach milestone of 1,000 SD-WAN services
Wed, 28th Feb 2024
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wfh
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network infrastructure
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digital transformation
Colt Technology Services, in collaboration with Versa Networks, delivers its 1,000th SD-WAN service across 55 countries, significantly reducing global customers' connection time and enhancing network security.
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Cloud migration services market set to hit $55.55bn by 2032
Wed, 14th Feb 2024
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hybrid cloud
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digital transformation
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cloud services
The market forecast predicts the cloud migration services industry to soar from USD $12.03 billion in 2022 to USD $55.55 billion by 2032, a CAGR of 16.80%.
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Wi-Fi chipset market poised to hit $34.5bn by 2033 with 4.4% CAGR
Fri, 2nd Feb 2024
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smartphones
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iot
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technology gifts
Rising adoption of IoT devices, smart home appliances and widespread internet connectivity is set to push the Wi-Fi chipset market value beyond expectations.
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Sydney ranks fourth in interconnection bandwidth in new Equinix report
Wed, 31st Jan 2024
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digital transformation
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data centre operators
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5g
Sydney was named Asia-Pacific’s fourth-largest core metro for interconnection bandwidth as per the 2024 Global Interconnection Index (GXI) report.
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ESET unveils new Asia Pacific headquarters in Singapore
Tue, 30th Jan 2024
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wfh
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cybersecurity
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asia pacific
ESET, a renowned digital security firm, has launched its new Asia Pacific headquarters in Singapore, demonstrating commitment to the region's evolving cybersecurity landscape and digital economy.
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Reveille Software reports 50% revenue rise & expansion in 2023
Mon, 29th Jan 2024
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ecm
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martech
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rpa
Reveille Software reports marked progress in 2023 with a 50% surge in subscription revenue and a 15% staff increase, enhanced by a rapidly growing global ECM market.
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Eco-digital economy set to hit $33tn by 2028, new report reveals
Thu, 25th Jan 2024
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digital transformation
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sustainable it
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ai
The eco-digital economy, marrying sustainability with digital progression, is set to swell from $16.6tn to around $33tn by 2028, a 15% CAGR, says a Capgemini/Harvard report.
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HFCL secures INR 623 crore order for Indian-made 5G gear
Wed, 24th Jan 2024
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fmi
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cagr
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analyst report
HFCL Limited has inked a milestone INR 623 crore deal for the supply of indigenously-made 5G networking gear, making it the first Indian company to secure such a large order.
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Mashreq & Fils pair up for corporate carbon offsetting service
Tue, 23rd Jan 2024
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fintech
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cagr
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transparency
Mashreq and UAE fintech, Fils, collaborate to launch a blockchain-based, carbon offsetting service to counter 'greenwashing'.
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Colt Technology appoints Yasutaka Mizutani as APAC president
Thu, 11th Jan 2024
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partner programmes
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ai
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marketing strategy
Colt Technology Services positions Yasutaka Mizutani as its Asia Pacific President, in a move to intensify the UK-based executive's responsibility over the company's operations in Asia.