According to a MarketsandMarkets report published earlier this summer, the global cyber security market is estimated to be worth $170.21 billion by 2020, recording a growth of 10% annually over the five year period 2015 through 2020. The market is projected to be worth $106.32 billion this year. Big Data analytics software solutions provider and
Recent market reports peg the global food ordering market to be worth $70 billion with nearly $9 billion of it being conducted online. A report by Cowen and Company suggests that the online food ordering market will be more than the offline food ordering market by the year 2020. Billion Dollar Unicorn club member Delivery
According to market reports, companies with businesses focused on recurring revenue models, such as those of cloud technologies, telecom, digital entertainment, and even retail contribute nearly $300 billion to the global economy. There is a growing demand of cloud-based billing services especially tailored for these companies. Recent market reports suggest that the cloud-based billing market will
It is rare to see an Internet company that has impressive user metrics for over a decade and has still not decided to go public. One such company is a content curator and Billion Dollar Unicorn club hopeful Mode Media, formerly known as Glam Media.
According to Gartner, the global spending on IT security is projected to grow 8.2% this year to $77 billion. Gartner expects this spend to grow to $101 billion by the year 2018. Billion Dollar Unicorn club member FireEye (Nasdaq: FEYE) is already benefiting from this growth.
According to a ReportsnReports research report, the global enterprise social software market is projected to grow 11.3% annually from $4.77 billion in 2014 to $8.14 billion in 2019. But despite a strong industry growth rate, Billion Dollar Unicorn club hopeful Jive Software (Nasdaq: JIVE) is feeling the pressures of the stock exchange. The stock market has
According to a BusinessInsider report on the Peer-to-Peer (P2P) lending industry, the total loans generated by P2P lenders in the US grew 128% to $6.6 billion in 2014. The US is the biggest P2P lending market in the world in terms of loan volume, but other countries are catching up. In 2014, Europe grew 144% in
Last week, Chinese e-commerce giant Alibaba (NYSE: BABA) announced rather disappointing second quarter results. Growth has slowed down significantly and the stock has already fallen more than 35% since its post IPO peak. Alibaba is investing into several growth strategies, hoping one of them will pay off.