A recent Morgan Stanley report expects the Indian Internet market to grow from $11 billion in 2013 to $137 billion by the year 2020, translating to a 43% annualized growth. Within the industry, e-commerce is expected to grow from $2.9 billion in 2013 to $102 billion by 2020, making India the world’s fastest growing e-commerce market in the world.
Recent market reports on the open source software market estimate that there was a 140% growth in the interest in purchasing open source software over the last four years. Overall the market saw $2 billion in open source software sales back in 2013. As interest in open source tools increases, companies like Kaltura are seeing tremendous growth making them strong contenders of the Billion Dollar Unicorn club.
According to recent research reports, the global open source software market was estimated to be worth $2 billion in 2013. But there is a rapid increase in the adoption of open source tools. Researchers peg the number of open source projects in 2014 to double to nearly 2 million. Billion Dollar Unicorn club member Docker is helping grow this interest in open source tools.
A recent Massolution report estimates the global crowdfunding segment to grow to $34.4 billion by the year 2015. Crowdfunding is estimated to have grown 167% in 2014 to raise $16.2 billion. Billion Dollar Unicorn club contender GoFundMe is a rising star within the industry.
A recent Business Insider report estimates the food and beverage industry to be worth $600 billion. The market had seen the least disruption due to the growth of the Internet, but all that is changing now. The report estimates that from 2013 through 2018, online grocery sales will grow 21% annually to be worth $18 billion by 2018, compared with the 3% growth in offline grocery sales during the same period. The huge untapped market is being eyed by giants like Amazon and eBay, who are experimenting with same-day delivery options and grocery etailing for their customers. Meanwhile, Billion Dollar Unicorn club member Blue Apron is already making a mark in its own niche in the market.
The growing adoption of the cloud by organizations is leading to the evolution of Identity Access Management-as-a-Service aka IDaaS. Gartner estimates the IDaaS market to account for nearly 25% of the overall Identity Access Management market, compared with a modest 4% share back in 2011. Gartner’s multiple reports peg the IDaaS market to be worth nearly $500 million in 2013 and expect it to grow to $1.24 billion by the year 2017. San Francisco-based Okta is a leading provider of IDaaS services and also the “sole leader in the IDaaS Magic Quadrant” as per Gartner.
According to a ResearchandMarkets report, the global application performance management market size is projected to grow from $2.72 billion in 2014 to $ 4.98 billion by 2019. That translates to an annual growth rate of 12.9%. Mountain View-based Boundary is among the leading vendors in this industry.
A recent report by ReportsnReports.com projects the Global Identity and Access Management market to grow 12.90% annually over the period 2014 through 2019 driven by increased adoption of these services by the BFSI segment. An older IDC report pegs the market at $4.8 billion in 2013, and projected it to grow to $6.9 billion by the year 2017. The industry has seen a movement away from the traditional on-premise identity and access management solutions, such as those provided by Oracle and CA, to the newer Cloud based and scalable platforms. San Francisco-based ForgeRock is successfully catering to this market.