According to a recent IBIS World research report, the US market research industry is estimated to have grown 3.2% annually over the last five years to be worth $22 billion. Billion Dollar Unicorn SurveyMonkey is a leading player in the industry. After several years of delaying its IPO plans, earlier this week, it finally filed to go public.
According to a Market Research Future report published earlier this year, the global talent management software market is estimated to grow 16% annually over the next few years to become a $16 billion industry by 2023. Billion Dollar Unicorn Cornerstone OnDemand (Nasdaq: CSOD) is among the leading players in the sector. I had met with its founder and CEO Adam Miller a few years ago. A lot has happened since then.
Last month, Billion Dollar Unicorn EdTech company Pluralsight listed successfully on NASDAQ under the ticker PS. Utah-based Pluralsight focuses on the corporate e-learning market that is expected to grow 11% annually to reach $31 billion by 2020. We’ve been covering the company for a long time, and are thrilled to see its success. >>>
The increasing number of terrorist and gun violence attacks have increased the need for an able alert system. Billion Dollar Unicorn player Everbridge (Nasdaq: EVBG) has been leveraging the cloud technology to deliver a communication system that enables customers to automate and accelerate the process of keeping people safe and businesses running during critical events.
The recent acquisition of Flipkart by Walmart has drawn significant attention to the Indian e-commerce market. Forrester estimates that the online retail market in India will grow at 29.2% annually over the next few years to cross $73 billion in 2022. Another report by researcher Crisil estimates that online grocery shopping will be among the fastest growing segments in India. Crisil projects online grocery to grow between 65-70% annually over the next few years to $1.4 billion by 2020.
After a hiatus last year, several Billion Dollar Unicorn players finally appear to be listing on the public markets. Recently, enterprise collaboration software player Smartsheet (Nasdaq: SMAR) went public. The company appears to be growing at a steady clip, but profits remain distant.
Earlier this year, Billion Dollar Unicorn Dropbox (Nasdaq: DBX) finally went public. The company was expected to list last year, but the disappointing IPO performance for the technology industry resulted in a delay. It is still early days, but the company appears to have had a turbulent start.
In March, Billion Dollar Unicorn and enterprise cloud security firm Zscaler listed successfully on NASDAQ under the ticker ZS. Last week, its first earnings report as a public company blew past all analyst projections, and the stock jumped by 38%, making it the best performing US tech IPO of the year. >>>
Salesforce.com (NYSE: CRM) is a horse that just keeps giving. It recently released its first quarter results, and unsurprisingly, the results shot past market expectations. The market was pleased and it sent the stock to record-high levels.
According to a report published earlier this year, the global cloud storage market is estimated to grow from $30.70 billion in 2017 to $88.91 billion by 2022, translating to an annual growth rate of 23.7% over the five year period. The robust industry growth is translating into stellar performance by Billion Dollar Unicorn players like Box (NYSE: BOX).