According to an IFPI report on the global music industry, the digital music industry is estimated to have grown 7% over the year to $6.9 billion in 2014. Digital music accounted for 46% of all global music sales. Another report by TechNavio estimates the digital music streaming market to grow 12% over the next four years.
I have repeatedly spoken about Billion Dollar Unicorns who have entered the club due to the frenzied investments by VCs who partake in initial funding rounds at spectacular valuations. Some of these companies are not able to address the expectation of a public company and implode when listed on the stock exchanges. One such instance
Billion Dollar Unicorn club member and online niche flash sales site Zulily (Nasdaq: ZU) appears to be making a slow turnaround according to recent quarter results. The stock’s performance has been rather weak of late and it had entered the list of the Wall Street’s worst performing stocks for 2015 after having dropped 47% during
After delivering some strong quarterly results, LinkedIn (NYSE: LNKD) seems to be struggling in growing their core business. While overall results and projections were better than expectations, the market was not so happy considering that a bulk of that improvement is attributed to LinkedIn’s earlier acquisition of Lynda.com. Post announcement of the results, the stock
According to recent market reports, there are close to 14.5 million Bitcoins in circulation globally. Users have completed over 75 million transactions using these new coins. Bitcoin’s ability to scale further depends on increased consumer confidence and the development of secure services around this currency. Billion Dollar Unicorn status hopeful San Francisco-based Coinbase is helping
A TechNavio report forecasts the global e-invoicing market to grow 24.2% annually over the period 2012 through 2016. The growth in the market was attributed to the increased adoption of these services by small and medium enterprises and the continued focus on reduction of operational costs. San Francisco-based Taulia is one such fast growing company
A recent MarketsandMarkets report projects the global cybersecurity market to grow 10% annually from $106.32 billion this year to $170.21 billion by the year 2020. The researcher reveals that while North America will be the largest market for the industry, the growth will actually be driven by the Latin American and Asia Pacific markets. Billion
According to a report by media agency Carat, the global advertising market is projected to grow 4.6% this year to $540 billion. The growth will be driven by increased spending on digital media which is projected to grow 15.7% this year. Overall digital media is expected to account for 24% of advertising market spend for