According to Gartner, the global application infrastructure middleware market is projected to grow at 10% CAGR to $ 83.1 billion by 2027 from $ 47.5 billion in 2021. Silicon Valley-based Confluent is a leading player in the sector that operates a data streaming platform. Its managed cloud-native service for connecting and processing data and an
According to recent reports, the global credit card payments market is projected to grow at 9% CAGR from $138.43 billion in 2020 to reach $263.47 billion by 2028. The growth in the industry is attributed to the increasing demand for cash alternatives and availability of affordable credit cards across the globe. Marqeta (Nasdaq: MQ) is
The global identity and access management (IAM) market is expected to grow at 14% CAGR to reach $25.6 billion by 2027 from $13.4 billion this year. San Francisco-based ForgeRock (NYSE: FORG), a key player in the industry, is leveraging AI capabilities to target this market.
According to a recent report, the global internet of things (IoT) market is projected to grow 26% annually from $478.36 billion in 2022 to $2,465.26 billion by 2029. San Francisco-based Samsara (NYSE: IOT) is a leading player in the market that went public last year.
The intelligent process automation market is expected to grow at 13% CAGR from $10.81 billion in 2021 to $31.4 billion by 2030. New York-based robotic automation company UiPath (NYSE: PATH) recently announced its first quarter results that continue to outpace market expectations.
The US restaurant POS market was valued at $4.56 billion in 2020 and is expected to grow at 6.4% CAGR from 2021 through 2028. Analysts believe that the industry will see growth of mobile and self-service kiosk segments as companies shift to more affordable options. Boston-based Toast (NYSE: TOST) is hoping to address this demand
The global Enterprise Collaboration Market size is expected to grow at 13% CAGR from $47.2 billion in 2021 to $85.8 billion by 2026. Smartsheet (Nasdaq: SMAR) continues to benefit from this high growth trend.
According to a recent report, the global video conferencing market is estimated to grow at 11% CAGR from $6.9 billion in 2022 to $14.6 billion by 2029. Online video conferencing player Zoom Video Communications (Nasdaq: ZM) meanwhile continues to try to diversify its offerings beyond video conferencing to enter the contact center market. After a