According to a Market Research Future report, the global data analytics market size is estimated to grow to $132.9 million at a 28.9% CAGR by the year 2026. The widespread adoption of advanced technologies for business operations and the demand for data analytics for faster decision-making processes and cost reduction are key factors in driving
Earlier last week, Apple (Nasdaq: AAPL) announced its second quarter results that surpassed market expectations. Despite the pandemic, the company continues to see strong growth across its products and services line. It reported double-digit growth across all of its revenue categories in the quarter.
Earlier this week, ServiceNow (NYSE:NOW) reported its first quarter results. For the fourth consecutive quarter, the company outpaced all market expectations. ServiceNow continues to invest in acquisitions, partnerships, and integrations, thus driving high-paced market adoption.
According to a recent report, the Internet of Things (IoT) market is estimated to grow at 25% CAGR to reach $1.5 billion by 2027. Recently listed Tuya Technologies (NYSE: TUYA) is leveraging an active PaaS strategy to drive innovation and growth within this market.
According to a Markets and Markets report, the global big data market is estimated to grow from $138.9 billion in 2020 to $229.4 billion by the year 2025 at a CAGR of 10.6%. San Mateo-based Incorta is counting on a PaaS strategy to make it big in this highly competitive market.
According to a recent Research and Markets report, the global gaming market is estimated to grow at a CAGR of over 9% to reach $287.1 billion by 2026 from $167.9 billion in 2020. San Francisco-based Unity Software (NYSE:U) is a leading game development platform that continues to show stellar performance.
According to a recent report, the Global market for Cloud Data Warehouse is forecast to grow at 16% CAGR to reach $3.5 billion by 2025. San Mateo-based Snowflake (NYSE: SNOW) is a leading player in the market that is focusing on expanding its AI capabilities within the data warehouse space.
According to analysts, marketing technology (MarTech) will be a key driver for recovery in the current pandemic market conditions. A Gartner study reveals that more than 60% of the leaders are looking to invest in marketing related technologies in the current year. San Francisco-based ON24 (NYSE:ONTF) is a leading player within the space that went