Over the past decade, online dating has grown to become a multi-billion industry with millions of customers across the world. It is estimated to be worth $2.5 billion in the US alone. Match Group (NASDAQ: MTCH), the frontrunner in the highly fragmented industry, went public a year ago and is currently worth more than $4 billion. >>>
According to IDC, shipments of wearable devices grew 26.1% in the second quarter of 2016 to reach 22.5 million. Fitbit (NYSE:FIT) dominates the market with a 25.4% share while Xiaomi, Apple, and Garmin follow with 14%, 7% and 6.9%, respectively. >>>
According to a recent report by MarketsAndMarkets, the global flexible electronics market is projected to grow 21.7% annually to $13.23 billion by 2020. Billion Dollar Unicorn club member Royole Corporation is developing impressive products to cater to this growing demand.
According to a report by Coughlin Associates, the annual shipping capacity of magnetoresistive random access memory (MRAM) market is expected to grow from 240 TB in 2014 to between 15 PB and 35 PB in 2020. During the same period, the researcher expects revenues for the industry to grow from $300 million to between $1.35 billion and $3.15 billion by 2020. The recently listed EverSpin Technologies (NASDAQ:MRAM) is counting on this high growth industry.
According to Gartner, worldwide dollar-valued IT spending growth in 2016 is expected to register a slight decline of 0.3% over the year. Despite the weak forecast on enterprise spending, Billion Dollar Unicorn Infor appears to be doing rather well.
Three years ago, Rocket Fuel (Nasdaq: FUEL) went public with a market cap of about $2 billion. But today, its valuation has crashed to less than $90 million as it fails to deliver on revenue growth and profits. >>>
It is close to a year since collaboration software maker Atlassian made a successful debut on the NASDAQ exchange under the ticket TEAM. Let us see how this legitimate Billion Dollar Unicorn is faring under public scrutiny. >>>
A recent report by Machina Research estimates the total number of Internet of Things’(IoT) connections to grow 16% annually from 6 billion in 2015 to 27 billion in 2025. Nearly 71% of all IoT connections today are connected using a short range technology such as WiFi. That number is projected to grow marginally to 72% by 2025. By 2025, 11% of connections are expected to use Low Power Wide Area (LPWA) connections such as Sigfox, LoRa, and LTE-NB1. During the same period, the total IoT revenue opportunity is estimated to grow from $750 billion in 2015 to $3 trillion in 2025.