Gartner forecasts the SaaS market to grow 19.5% over the period 2011 through 2016 to $32.8 billion. Even at conservative estimates, researcher Tech Navio estimates the global software-as-a-service based enterprise resource planning software market projected to grow 13.93% annually from 2012 through 2016. The high growth in the market is estimated to be driven by
The online radio industry recently got a new player, with Apple launching its service under the banner iTunes Radio. For now, online radio player Pandora (NYSE:P) has managed to successfully thwart this stiff competition, as is evident in both user metrics and the company’s improving financial performance. But whether it will manage to grow market
Analysts estimate the enterprise PCIe SSD (Peripheral Component Interconnect Express Solid State Drives) based flash storage market to be worth $4 billion this year. The flash storage market is projected to grow 70% this year, making it a very attractive space for bigger technology players.
According to the latest worldwide PC shipment report, during the past quarter, PC shipments continued to decline. Globally PC shipment fell 8.6% to 80.28 million units. Lenovo remained the market leader with a 17.6% market share, and Dell came in a distant third with a 11.6% market share. Dell’s quarterly shipment of 9.31 million PCs
Come the holiday season, retailers and toy manufacturers begin to count on the usual sales rush that happens at this time of the year. But 2013 holiday season sales projections aren’t very rosy. According to a report by Morgan Stanley, Expect Coal: We Predict the Weakest Holiday Since 2008, analysts are projecting depressed U.S. economic
An IBISWorld report published for the previous year estimates the human resources benefits administration market in the U.S. to be worth more than $59 billion last year. Researcher Gartner estimates that last year, the U.S. insurance industry spent more than $55 billion on software and related services. Recently listed Benefitfocus is a provider of cloud-based
Last year, the rise in the daily deals market prompted the market leader, Groupon, to list its IPO. Competitor LivingSocial, was expected to list as well. But since then, the market has taken a tumble. Driven by increased competition and waning consumer interest, both Groupon and LivingSocial have tried to restructure their business offering. But
Twitter’s recent IPO has sparked interest in IPOs of other social media sites. The next big one that the market is waiting for is online scrapbooking site, Pinterest. Launched in 2010, Pinterest’s growth has seen phenomenal growth and is the third most popular website in the U.S. after Facebook and Twitter.