According to a Forrester research report, worldwide IT spending is projected to grow 6.2% this year. The growth is driven by IT spending on the software segment, which will grow 7.8% this year. Forrester believes that the software market growth is attributed to spending on SaaS, mobile app development, business intelligence, and analytics solutions. As CRM
After a minor turnaround earlier last year, local business reviews site Angie’s List (Nasdaq: ANGI) seems to be back in the rough. Recently released dismal financial results continue to spell gloom for the company. And there doesn’t seem to be a revival in sight.
According to an eMarketer report, the advertising market in the US was estimated to be worth $66 billion last year, of which nearly $4 billion was spent on digital video ads. The digital video ad market is projected to grow 40% this year compared with a comparatively meager 3% growth in the TV ad industry.
According to Gartner’s latest report, worldwide PC shipments decreased 6.9% over the year to 82.6 million units. This was the worst ever decline in the PC industry. For the entire year, PC shipments declined 10% to 315.9 million units. The global PC market was dominated by Lenovo, which registered a 6.6% growth even in the
Groupon (Nasdaq: GRPN) just cannot catch a break. They expected to turn around a failing business model by bringing in a new CEO, but it hasn’t helped much. The company continues to deliver disappointing projections, causing the stock price to fall. They are struggling to find the right mix of offerings and are continuing their
According to a BCC research report, the digital photography market is expected to be worth $68 billion. Within the market, photo products and accessories amounted to $5.7 billion in 2011.This segment is projected to grow to $7.9 billion by 2016. The online photo printing industry is dominated by Shutterfly (NASDAQ: SFLY) which accounts for more
If there were any analysts that had doubts about Facebook’s mobile dominance plans, they have been put to rest. Last week, Facebook announced the $19 billion acquisition of the most popular mobile messaging app, WhatsApp. It is an exciting move by Facebook which seems to be leaving no stones unturned to make sure they dominate
According to market research firm Pringle & Company, the worldwide business intelligence software services market is projected to grow from $76 billion in 2012 to $143 billion in 2016. The research firm estimates that nearly two-thirds of the industry’s revenue is from consulting, development, and integration-related services, which are estimated to grow from $54.5 billion