According to IDC, the global security and vulnerability management market grew 14.2% to $6 billion in 2016. Qualys’ revenue grew at a much faster rate of 20.3% to capture 10.1% of the market and fifth position behind IBM, HPE, Dell, and Splunk. Qualys (NASDAQ: QLYS) leads the Worldwide Device Vulnerability Assessment Market with a 17% share. Not only is it growing at the fastest rate, it is also one of the most profitable SaaS companies out there. >>>
According to a MarketsandMarkets report, the global sales performance management market that includes software and services is projected to grow 18% annually to $5.6 billion by the year 2020. North America is the biggest market in terms of market size, but APAC and Europe are expected to drive the biggest growth in the coming years.
According to Stratistics MRC, the Global Identity & Access Management market is projected to grow 15% annually to $20.87 billion by the year 2022 from $7.94 billion in 2016 driven by the increased focus on compliance management, along with the growing adoption of Internet of Things (IOT), Bring Your Own Device, and connected devices among organizations. Denver, Colorado-based Ping Identity was named a Leader in Gartner 2017 Magic Quadrant for Access Management. Here is a quick insight into the company’s performance so far.
Since its public listing in 2016, BlackLine (NASDAQ: BL) has shown impressive performance and proven to be a sustainable Billion Dollar Unicorn. In its most recent results, it acheived non GAAP profitability and its market cap has now crossed $2 billion. >>>
According to Persistence Market Research, the global corporate performance management (CPM) market is expected to grow to $3.6 billion in 2022 at a CAGR of 5% with the cloud segment at $0.97 billion. Adaptive Insights is a leading player in the cloud-based corporate performance management solutions market. >>>
A recent Forrester report estimates that the US online sales will account for 17% of all US retail sales by the year 2022 from 12.7% in 2017. E-commerce player eBay (Nasdaq: EBAY) recently reported its fourth quarter results, that met market expectations.
According to a report by Global Market Insights, the global eyewear market is forecast to grow to $180 billion by 2024. While the industry remains predominantly a brick and mortar one, in the US, online stores were valued at $48 billion in 2016. Online eyewear retailer Warby Parker is among the leading online eyewear players which is rumored to be eyeing a public listing. >>>
According to a recently published report, the Global Digital Marketing Software Market is expected to grow 13% annually over the next five years to reach $77.4 billion by 2023. The growth is expected to be driven by the increased focus on personalized marketing and continued adoption of mobile devices. Billion Dollar Unicorn player Marketo is a leading player in the digital marketing segment.