After a few lackluster quarters, eBay (Nasdaq: EBAY) recently delivered results that surpassed all market expectations. The company continues to experiment with its sales model to drive additional revenues. While it may still not reach Amazon’s might, the market is pleased with the steps it is taking to retain interest.
>>>According to an IBISWorld research report, the online survey software market in the US is estimated to grow 5% this year to $1.1 billion. The growth appears to have slowed down from the 12% annual growth rate reported over the years 2014 through to 2019. But that does not appear to deter SurveyMonkey (Nasdaq: SVMK), which continues to invest in AI, acquisitions, and geographic expansion to drive growth.
>>>The Indian food and grocery market accounts for about 70% of the retail market, which is why every major player from Amazon to Ola is eyeing it. Online food grocer Grofers has recently raised $220 million in a Series F round led by Softbank Vision Fund. According to a Goldman Sachs report, the Indian online grocery market is expected to reach $40 million in FY2019 and is expected to grow at a CAGR of 62% from 2016 to 2022.
>>>According to a report published by Market Insights earlier this year, the global cloud communication platform market is expected to grow 27% annually to $9.87 billion by 2025. The industry is seeing some consolidation as well. Earlier this year, Twilio (NYSE:TWLO) announced a $3 billion acquisition of SendGrid. I believe the consolidation in the industry will continue during the coming quarters, and Twilio itself may become a potential target.
>>>According to a Global Markets Insight report, the global e-learning market is estimated to reach $300 billion by 2025 from $190 billion in 2018 driven by the adoption of the technology in the academic segment. Cedar Valley, Utah-based Pluralsight (NASDAQ: PS) is a leading player in the e-learning segment that continues to outpace market expectations.
>>>According to a Grand View Research Report, the global digital marketing software market is estimated to grow 15% annually through to 2025. Cambridge, Massachusetts-based HubSpot (NYSE:HUBS) is a leading player in the inbound marketing campaigns segment that recently reported a strong quarter.
>>>According to a Persistence market research report, the global enterprise information management solutions market is estimated to grow to $70 billion by 2025. Waterloo, Canada-based OpenText (Nasdaq: OTEX) is a leader in the market that has grown through acquisitions and a well-defined platform strategy.
>>>Cloud Customer Service software company Zendesk (NYSE: ZEN) has recently launched a CRM platform while rival Freshworks has launched an AI powered customer engagement platform.
>>>Earlier this month, mobile payments platform Square (NYSE: SQ) announced its first quarter results. While the results outpaced market expectations, a lackluster first quarter outlook disappointed the market and the stock fell 8% since the result announcement.
>>>According to a recent ResearchAndMarkets report, the global security and vulnerability management market is expected to grow to $14.7 billion by the year 2024. Organizations of all sizes are expected toincrease their focus on preventing security attacks instead of waiting for system flaws to catch them off guard. Boston-based Rapid7 (Nasdaq: RPD) is a leading security solutions provider that recently announced its first quarter results that surpassed market expectations for the fourth consecutive quarter.
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