According to a market research report by MarketsandMarkets published earlier this year, the global Human Capital Management (HCM) market size is expected to grow 9.2% annually over the next five-year period. The industry is expected to grow from $14.50 billion in 2017 to $22.51 billion by 2022. >>>
The Global E-Learning market is expected to grow 7.2% annually over the next decade to $325 billion by 2025. The growth in the market is expected to be driven by emerging trends of gamification of learning, implementation of IT security, cloud-based solutions, and growth in online content & digitization. China’s VIPKid is a leading Billion Dollar Unicorn player in the space.
Nothing appears to be in the way of Salesforce.com’s (NYSE: CRM) growth. After another stellar quarter performance, it is fairly evident that competitors, including the likes of Microsoft and Oracle, are not coming close to this giant. Here is an interesting infographic, courtesy MotleyFool.com that shows how Salesforce has expanded its market share position in every category over the year.
According to a report by DealerSocket, there are nearly 63,000 used car dealerships in North America, which include 45,000 independent used car dealerships and 18,000 franchise dealerships. The biggest among these dealers holds a 1.6% market share of the US market. Recently listed Carvana (NYSE: CVNA) is trying to become a leading player in the market.
According to the National Association of Realtors (NAR), the aggregate value of existing US home sales in 2016 was approximately $1.5 trillion. Researchers estimate that 5.5 million transactions were conducted for these homes by over 2 million active listing agents and more than 85,000 real estate brokerages. Overall, these agents would have earned more than $75 billion in commissions last year. Recently listed, online real-estate firm and Billion Dollar Unicorn Redfin (Nasdaq: RDFN), is looking to stand apart in this highly fragmented market.
According to a study by Global Industry Analysts, the global private tutoring market is projected to surpass $102.8 billion by 2018. The Indian private coaching industry was estimated to be worth $45 billion in 2015 and expected to reach $70 billion by 2017. The BYJU’s learning app from Think and Learn Pvt Ltd is one of the most heavily funded EdTech startups in this market. >>>
According to a ResearchandMarkets report published earlier this year, the global online food delivery and takeaway market is estimated to grow 15.25% annually over the five-year period through 2021. The growth is expected to be driven by the increased adoption of online food ordering services. Recently, industry veteran and Billion Dollar Unicorn club member Delivery Hero went public. Initial results suggest that the stock market is happy with the listing.
Facebook’s social networking skills have inspired a few others to set up their own networking channels. For instance, LinkedIn established a professional focused networking service. A smaller organization is San Francisco-based Nextdoor, which has established a social network based on neighborhoods. Nextdoor has managed to attain a Billion Dollar Unicorn status, but its financials are still a matter of concern.