According to a recent report, the global enterprise collaboration market is expected to grow from $47.2 billion in 2021 to $85.8 billion by 2026 at a CAGR of over 12%. Atlassian (Nasdaq: TEAM) continues to expand its product offerings to take a bigger share in the market in the face of stiff competition.
Tech giant Amazon (NASDAQ: AMZN) recently reported its quarterly results that failed to impress the market. Like other tech giants, the company is facing strong inflationary pressures coupled with a disturbing global political and economic climate.
Earlier this week Netflix (Nasdaq: NFLX) reported its first-quarter performance that failed to impress the market. With the global pandemic restrictions easing, the company appears to be struggling to attract and grow its user base.
Earlier last week, Apple (Nasdaq: AAPL) announced its second-quarter results that surpassed market expectations. All of Apple’s segments, except the iPad, reported year-on-year growth for the second consecutive quarter this year. In the coming quarters, Apple does not appear to be constrained by market demand, but by market supply.
Earlier this month, Meta (Nasdaq: FB), formerly Facebook, announced its first-quarter results that surpassed all market expectations. The company continues to invest in AI and its Horizon platform as it transitions towards a somewhat unclear Metaverse strategy.
Microsoft (Nasdaq: MSFT) continues to remain unscathed with the current macro-economic conditions. For the recently reported third quarter, the company outpaced market expectations on the power of its cloud platform.
According to a recent report, the global security and vulnerability management market is expected to grow at 9% CAGR to reach $15.86 billion by 2030. Maryland-based Tenable (Nasdaq: TENB) is a leading player in the market that continues to expand its market reach through acquisitions.
According to recent research, the media owners’ advertising global revenues grew by 22% in 2021 to reach a record $710 billion and is expected to grow by another 12% this year. Digital advertising sales that include search, social, video, banners, and digital audio increased by 31% to reach $442 billion. Zeta Global (NYSE:ZETA) is a