According to a report by Statista, the global music streaming market is expected to grow from $11.44 billion in 2018 to $14.79 billion in 2022 at a CAGR of 6.6%. User penetration was at 24.7% in 2018 and is expected to grow to 26.6% by 2022. Earlier this month, streaming music service provider Spotify went public. Here
Linux may not be the OS of choice for desktops, but it dominates the world when it comes to Supercomputers, Web Servers, and Chromebooks. Additionally, Linux Kernel actually powers the Android OS that is used in Android-based mobile devices. According to market reports, as of 2017, Linux powered all of the top 500 supercomputers in
According to a study by the Mortgage Bankers Association, the US lenders are expected to issue a smaller amount of mortgages in 2018. Total mortgage originations are expected to fall to $1.60 trillion this year from $1.69 trillion in 2017. The amount of new loans to refinance a home are expected to drop 28.3% to
A recent study on the Freelance industry in the US estimates that nearly 36% of the US workforce, or 57.3 million Americans, are freelancing. The research estimates that these freelance workers contribute approximately $1.4 trillion annually to the economy, an increase of almost 30% since last year. By 2027, researchers believe, that freelancers will account
According to a MarketsandMarkets report, the global customer experience management market is projected to grow from $5.98 billion in 2017 to $16.91 billion by 2022. That translates to an annualized growth rate of more than 23% over the five-year period. Palo Alto-based Medallia is a Billion Dollar Unicorn player in the space that many believe
Oracle’s (NYSE: ORCL) recent quarterly results may have outpaced market expectations, but slowing cloud growth has caused a stir amongst analysts as they continue to downgrade the company. The market was very concerned and the stock fell 9% – the worst decline in the last five years.
According to a Zion Market Research report published last year, the global Applications Programming Interface (API) management market is estimated to grow from $609.32 million in 2016 to $ 3.44 billion by 2022. That translates to a healthy annual growth rate of more than 33% during the five year projection period. Billion Dollar Unicorn MuleSoft (NYSE:
Billion Dollar Unicorn club member Stitch Fix (Nasdaq: SFIX) went public in November last year. It had a choppy start to the listing as its unique business model puzzled the analysts. Stitch Fix operates a hybrid model of subscription and transaction revenue services. Customers subscribe to receive a supply of apparel that Stitch Fix’s stylists