Back in 2011, BIA/Kelsey pegged the daily deals market in the U.S. to grow 35% annually to be worth $3.9 billion in 2015. In an optimistic view, the report estimated the market to be worth $6 billion by 2015, translating to a 47% annual growth rate. But, market prospects don’t seem as bright right now.
Tumblr’s recent billion-dollar acquisition by Yahoo has fueled further interest in other social media companies that could be the next billion-dollar acquisition target. One such player that has also toyed with the idea of an IPO is social scrapbook site, Pinterest.
According to market reports, geoolocation advertising will be a high-growth area through 2015. At present, less than half mobile ad networks use location based advertising. Geolocation-based advertising not only includes display advertising, but it is also evolving into coupon- or deal-based advertising. New York–based Foursquare is a big name in geolocation services. Here is a quick
According to Forrester, the technology business management (TBM) market is estimated to be worth $800 million this year. The TBM industry focuses on providing IT departments within an organization with tools that help manage operations more effectively and cost efficiently.
According to a recent Gartner report, worldwide mobile payment transactions are expected to grow 44% over the year to $235.4 billion this year. Gartner estimates the market to be worth $721 billion by 2017, translating to a compounded annual growth rate of 35% over 2012-2017. By 2017, more than 450 million users will conduct mobile
According to an IDC report released for the previous year, the worldwide enterprise social market segment was led by IBM with revenues of $105.4 million from IBM Connections. IBM accounted for 13.7% of the market’s share. Jive Software (Nasdaq:JIVE) followed IBM at a distant second position with $65.3 million in revenues and 8.5% market share. Microsoft’s Yammer
Researcher Visiongain’s latest report, “World Big Data Market Opportunities 2013-2018: Converging Data Architectures,” estimates global big data market to be worth $12.4 billion this year. The researcher believes that deployment of big data technologies will continue to explode in the coming years as more and more enterprises of all sizes, small and big, begin to
According to market reports, an average U.S. mobile phone user spends more than 127 minutes a day on mobile apps. Of that time, nearly 43% is spent on gaming apps, followed by 26% of the time being spent on social media apps like Facebook and Twitter. Entertainment apps, which include music and TV viewing, account