After four consecutive quarters of surprising the market with stellar results, Netflix (Nasdaq: NFLX) delivered rather weak results recently. The market was disappointed with its lack luster growth, sending the stock tumbling 13% in the after-hours trading session.
San Mateo-based spend management firm Coupa (Nasdaq: COUP) went public more than two years ago. Its IPO has performed well as it continues to surpass market expectations and receive accolades for its products. Coupa values its addressable market at $37 billion and is targeting a share of $1 billion soon.
According to an IDC report, the worldwide revenues for big data and business analytics will grow at a 12% annual growth rate over the next few years. The market was pegged at $130.1 billion in 2016 and is projected to grow to $203 billion by 2020. The secretive Billion Dollar Unicorn Palantir was expected to go
According to a MarketsandMarkets research report published earlier this year, the Enterprise Collaboration Market is estimated to grow 12% annually over the next few years to $59.86 billion by 2023 from $34.57 billion this year.
A Grand View Research report published earlier this year estimates the global identity access management market to grow 14% annually over the next few years to reach $24.6 billion by 2022 driven by the increasing demand for regulatory compliance and the continuing growth of web applications, Bring Your Own Devices (BYOD), and Internet of Things (IoT)
According to a MarketResearch report, the global mobile VoIP market is a fast growing one. According to the researcher, the low cost of calls offered by VoIP providers are driving growth in the industry. Billion Dollar Unicorn RingCentral (NYSE:RNG) offers these SaaS based communication services to small business. Recent results suggest that it is doing rather well
According to a recent Market Research Media report, the global NoSQL database market is estimated to grow 21% annually over the next few years to become a $3.4 billion industry by 2024. Billion Dollar Unicorn MongoDB (Nasdaq:MDB) recently announced mixed first quarter results. Its stock has been performing well since it went public last year.
Earlier last month, financial technology Billion Dollar Unicorn Avalara (NYSE: AVLR) went public. While it has been a very short run so far, the stock has done rather well. The company estimates its US addressable market alone at $8 billion. Avalara has just scratched the surface here, and has a lot of potential. But first the