The global language training market is expected to grow to $115 billion by 2025 from $61 billion in 2019 at 11% CAGR. Online language learning service provider Duolingo (Nasdaq: DUOL) recently went public and announced their first set of results.
The global customer experience management market is expected to grow at 15.5% CAGR to $27.12 billion by 2028. CX leader Qualtrics (NYSE: XM) recently acquired Clarabridge, a leader in conversational analytics, for $1.125 billion.
The global Buy Now, Pay Later market is expected to grow at 22% CAGR to $20.4 billion by 2028 driven by the improvements in platforms, such as convenient and interest-free payments especially when shopping online. Affirm (NASDAQ: AFRM) is a leading player in the market that went public early this year.
The global digital remittance market is expected to grow at 13% CAGR to reach $42.46 billion by 2028. Seattle-based Remitly (NASDAQ: RELY) is a leading player in the market that recently went public amid tumultuous market conditions.
The low-code industry is estimated to grow from $13.2 billion to $187 billion by 2030. Reston, Virginia-based Appian (NASDAQ: APPN) recently announced its quarterly results as it continues to consolidate within the space.
The global enterprise collaboration market is estimated to grow 9% from $29.45 billion in 2020 to $53.3 billion by 2028. San Francisco-based Asana (NYSE:ASAN) recently announced stellar quarterly results.
The Enterprise Search market is expected to grow at 13.6% to reach $6.8 billion by 2026. Elastic, (NYSE: ESTC) a leading player in the open-source Big Data search sector recently reported results that surpassed market expectations.
The global IoT market is expected to grow to $1.386 trillion by 2026 from $761.4 billion in 2020, at a CAGR of 10.5%. China’s Tuya (NYSE: TUYA), which has pioneered a purpose-built IoT cloud platform, went public earlier this year and continues to expand its presence in the market through partnerships. The recent semiconductor shortage