Earlier this week, Seattle-based Smartsheet (Nasdaq: SMAR) announced its fourth quarter results that surpassed market expectations. Despite the recent turmoil in the stock market, the results helped the stock climb 1% in the after-hours trading session.
According to a Fortune Business Insights report, the global digital signature market is estimated to grow to $6.1 billion by the end of 2026 from $879.6 million in 2018. DocuSign (Nasdaq: DOCU), a leading player in the market, recently announced its quarterly results that beat estimates.
According to a Market Study report published last year, the global cloud-based accounting software market is estimated to grow at 9% CAGR to reach $4.32 billion by 2024 from $2.63 billion in 2019. New Zealand-based Xero (ASX:XRO) is tapping into this market by focusing on a PaaS strategy.
Oracle (NYSE: ORCL) recently reported its third quarter results that beat analyst estimates and displayed its strongest revenue growth in nearly two years. Even amid the coronavirus impact, its stock surged post the results.
According to a BlueWeaveConsulting report, the global payroll and HR solutions and services market is expected to grow at 9.5% CAGR to $43 billion by 2026 driven by the continued adoption of cloud-based technologies in enterprises. Paycom (NYSE:PAYC) recently announced its fourth quarter results that surpassed market expectations.
According to a recent Fortune Business Insights report, the global identity and access management (IAM) market is estimated to grow from $9.5 million in 2018 to $24.8 billion by the year 2026. Recently, Okta (Nasdaq: OKTA) announced its fourth quarter performance that surpassed market expectations.
According to a Research and Markets report, the global Big Data-as-a-Service market is estimated to grow at 25% CAGR to $46.82 billion by 2025 from $13.12 billion in 2019. Big data player Splunk (NASDAQ: SPLK) recently announced its fourth quarter results that delivered a mixed reaction.
Technology is increasingly changing the landscape of the real estate vertical. There are now more than a dozen real estate tech companies valued at an aggregate ~$75 billion. RealPage (NASDAQ:RP) is a leading SaaS company in the real estate vertical that looks interesting.