According to an IBISWorld report, the licensed sports apparel market in the US is estimated to have grown 6% annually over the period 2010 through 2015 to be worth $8.3 billion. The industry has been dominated by traditional players like Dick’s Sporting Goods and Sports Authority. Last week, Sports Authority announced that it was going
According to Gartner, worldwide spending on information security in 2015 was expected to reach $75.4 billion, up 4.7% over 2014 driven by government programs, increased legislation and high-profile data breaches. A MarketsandMarkets report expects the global cyber security market to grow at a CAGR of 9.8% to reach $170.21 billion by 2020. CloudFlare, which entered
The Quote-to-Cash industry appears to be a high interest industry right now. According to Gartner, the market opportunity is expected to grow to $41 billion in 2018 from $31 billion in 2015. In December last year, Salesforce spent $360 million on the acquisition of SteelBrick, a startup in this space. San Mateo-based Apttus is a
According to a MarketsAndMarkets research report, the global enterprise application integration market is estimated to grow from $7.85 billion in 2014 to $13.35 billion in 2019. That translates to an annualized growth rate of 11% over the five year period. Last year, San Francisco-based MuleSoft was hoping to become a Billion Dollar Unicorn in the
Amazon has conquered the e-commerce space, leaving little scope for smaller players to grow. It has been observed that only niche e-commerce players have somewhat managed to survive its onslaught. Online eyewear retailer Warby Parker is one such player. In fact, its storefront strategy to build brand awareness seems to have inspired even Amazon.
According to a recent eMarketer report, the global mobile phone messaging app user market was estimated to have grown 32% over the year to 1.4 billion users worldwide in 2015. The sector is dominated by Whatsapp, which recently announced a milestone membership of more than 1 billion active users, and Facebook Messenger – both of
A recent Research and Markets report on the Global Web-Based Real-Time communication market projects the industry to grow 36% annually over the period 2016 through 2020. While the biggest vendors in the market are Cisco, Ericsson, Google, and Mozilla, other smaller vendors are also making their presence felt. One such player is San Francisco-based Twilio.
According to a MarketsandMarkets report, the global customer experience management market is estimated to be worth $4.36 billion in 2015. The market is expected to grow 20% annually over the next five years to be worth $10.77 billion by 2020. The growth in the market is driven by the increasing adoption of newer channels such