The Big Blue (NYSE: IBM) recently reported its third-quarter results that failed to impress the market. The company is looking toward acquisitions and partnerships to drive its services segment.
The global smart home security market is estimated to grow at 19.8% CAGR to reach $8.55 billion by 2028 from $2.02 billion in 2020. Virginia-based Alarm.com (NASDAQ: ALRM) is a fast-growing provider in the market that continues to expand its product offerings.
The global content delivery network (CDN) market is expected to grow 22% from $10.73 billion in 2020 to $52.3 billion by 2028. Fastly (NYSE: FSLY) Is a fast-growing player in the market that continues to add to its product portfolio to expand market share.
The global language training market is expected to grow to $115 billion by 2025 from $61 billion in 2019 at 11% CAGR. Online language learning service provider Duolingo (Nasdaq: DUOL) recently went public and announced their first set of results.
The global customer experience management market is expected to grow at 15.5% CAGR to $27.12 billion by 2028. CX leader Qualtrics (NYSE: XM) recently acquired Clarabridge, a leader in conversational analytics, for $1.125 billion.
The global Buy Now, Pay Later market is expected to grow at 22% CAGR to $20.4 billion by 2028 driven by the improvements in platforms, such as convenient and interest-free payments especially when shopping online. Affirm (NASDAQ: AFRM) is a leading player in the market that went public early this year.
The global digital remittance market is expected to grow at 13% CAGR to reach $42.46 billion by 2028. Seattle-based Remitly (NASDAQ: RELY) is a leading player in the market that recently went public amid tumultuous market conditions.
The low-code industry is estimated to grow from $13.2 billion to $187 billion by 2030. Reston, Virginia-based Appian (NASDAQ: APPN) recently announced its quarterly results as it continues to consolidate within the space.