According to a MarketsandMarkets report published last year, the global cloud based ITSM Market is estimated to grow 15% annually over the next few years to $8.78 billion by 2021. The growth is expected to be driven by increased adoption of BYOD policies and mobile devices across organizations.
According to a recent market report, the global data visualization market was valued at $4.51 billion in 2017. It is expected to grow 9.5% annually to $7.76 billion by 2023. Data analytics firm Tableau (NYSE: DATA) is a leading player in the industry.
According to a report published last year, the global CRM applications market was worth $24.3 billion in 2016. The market has been dominated by Salesforce.com, which accounts for 26% market share, followed by Oracle, SAP, Adobe, and Genesys. Analysts estimate the industry to grow 2% annually over the next few years to $26.6 billion by the year 2021.
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. >>>