Cloud Stocks: Enterprise Bet Pays Off for SurveyMonkey

According to an IbisWorld research report, the US online survey market is estimated to grow 5% y-o-y to $1.2 billion in 2020, at a CAGR of 10% since 2015. San Mateo-based SurveyMonkey (Nasdaq: SVMK) announced its third quarter results recently that continued to surpass market expectations.

AI Unicorn ZipRecruiter First Bootstrapped, then Raised Money

According to an Ibisworld report, the online recruitment sites industry is estimated to have grown at 15% CAGR from 2015 to $10 billion in 2020. The growth in the industry is attributed to the improved job market conditions in the last five years. Santa Monica-based ZipRecruiter is an AI unicorn in the market.

Cloud Stocks: Forescout Fails to Deliver

According to a recent report, the global cyber security market is estimated to grow at 15% CAGR to $267.73 billion by 2024 from $118.78 billion industry in 2018. The growth in the industry is attributed to the adoption of IoT, BYOD, AI, and machine learning technologies. Despite the robust growth potential, Forescout Technologies (Nasdaq: FSCT)

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SoundHound is no Shazam

According to a Grand View Research report, the global voice and speech recognition market is estimated to grow at 17% CAGR to $31.82 billion by 2025. The growth in the industry is expected to be driven by the adoption and development of AI-based technologies that leverage voice and speech recognition capabilities.

AI Unicorn SenseTime in no Rush for an IPO

According to IHS Markit, the global video surveillance market is expected to grow 10% and cross $20 billion in 2020. The growth is estimated to be driven by the growing need for enhanced surveillance and monitoring at public places driven by government regulations and concerns about safety. China accounts for about 45% of the market and

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TuSimple Uses AI to Make Trucking Simple

According to an Allied Market Research report, the global self-driving truck market is expected to grow 10% annually to $1.7 billion by 2025. TuSimple is an AI unicorn in the autonomous truck category.

Butterfly Network Brings Medical Imaging to the Masses

According to a Grand View Research report, the global medical imaging market is expected to grow from $33.7 billion in 2016 at 5.7% CAGR through 2025. Growth is expected to be driven by the increasing demand for early stage diagnosis of chronic disease and rising aging demographics. Guilford, Connecticut-based Buterfly Network is an AI unicorn

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AI Unicorn ByteDance Faces Rough Overseas

Best known for its video sharing app TikTok and news aggregating site Toutiao, ByteDance is the most valuable AI unicorn. Last year, it raised a whopping $1.3 billion at a valuation of $75 billion.