A Gartner report published last year estimates the backup and recovery software market as the largest segment of the overall storage software market. The backup and recovery software market was estimated to be a $5.7 billion industry in 2015, recording a growth of 5.5% over the year. Palo Alto-based Rubrik is a Billion Dollar Unicorn club member in the industry.
An emarketer report published earlier this year estimates the US digital ad spending to grow from $83 billion in 2017 to $129.23 billion in 2021. Mobile is expected to remain the biggest driver of digital’s growth in the current year. The researcher expects mobile ad spending to surpass TV ad spending in the next two years. Recently, digital advertising start-up Yext, went public, confirming its Billion Dollar Unicorn status.
According to Grant Thornton India, the Indian fashion retail industry has evolved rapidly over the past decade propelled by investments to the tune of $13 billion flowing into the sector. Of this, $10 billion were PE/VC investments. Indian fashion retail industry is worth about $70 billion and online fashion e-commerce, according to Google India, is expected to grow to $35 billion by 2020 or around 35% of e-commerce. LimeRoad is an Indian online fashion retailer with a unique social discovery platform that is trying to make it big. >>>
According to a recent report, the Brazilian e-Commerce segment grew 7.4% last year to $13.4 billion. The market is projected to grow to $15.1 billion this year. The growth in the industry is driven by a 22% increase in the number of consumers making at least one virtual purchase last year. Brazil is the largest Internet market in Latin America and the fourth largest Internet market in the world in terms of the number Internet users. Analysts estimate it had nearly 122 million Internet users as of last year. Currently, Brazil is going through a crisis – both economic and political. Despite the crisis, some companies, like MadeiraMadeira, are doing robust business.
Till a few years ago, no one would have thought that the hottest trend in e-commerce would be to buy mattresses online. People wanted to be able to feel the comfort of a mattress before they purchased it. But as e-commerce sweeps through our lives, some of these formerly-unthinkable categories are also becoming Internet friendly. The US mattress market is estimated to be a $15 billion industry. Till recently, online sales accounted for a mere 5% of the total sales in the industry, but analysts estimate that this year online mattress sales could account for more than 10% of the market.
According to a Business Insider Intelligence report, the furniture retail category, which includes home goods, is among the fastest-growing segments in e-commerce. The research estimates that an estimated $38 billion was spent in 2016 to buy furniture online and accounted for nearly a quarter of the total market in America.
A recent report published by MarketsandMarkets expects the IT Service Management (ITSM) market to grow from $4.41 billion in 2016 to $8.78 billion by 2021, which translates to an annualized growth rate of nearly 15% over the next five years. The growth in the industry is driven by the continuing adoption of mobile and Bring Your Own Device (BYOD) policies across organizations. But that is not the only cloud-based enterprise service that is expanding. Another report by by Gartner estimates the global Public Cloud Services market to grow from $209 billion last year to $383.5 billion by the year 2020 with enterprise offerings of human capital management (HCM), customer relationship management (CRM) and the financial application services becoming the second largest line of business. Gartner expects these services to grow from $38.6 billion last year to $75.7 billion by 2020.
An IDC report published earlier this year, the Worldwide Semiannual Big Data and Analytics Spending Guide, forecasts global revenues for Big Data and business analytics to grow 12% this year to $150.8 billion. The 12% growth rate is expected to continue through to 2020, when the industry would have grown to more than $210 billion. The growth will be driven by investments made in the banking, discrete manufacturing, process manufacturing, federal/central government, and professional services sectors. All combined, these five sectors are estimated to spend $72.4 billion on the analytics solutions this year and will grow to $101.5 billion by 2020.