According to a recent report, the global cloud ERP market is projected to grow 8% annually over the next few years to $28 billion by 2022. During the same period, the North American cloud ERP market is estimated to grow to $11.1 billion in 2022. San Francisco-based Anaplan has had a roller coaster ride recently. The company was suspected to have dropped off the Billion Dollar Unicorn club. But recent valuation reports suggest that it is back on track.
According to a Research and Markets report published last year, the global Cloud Storage Market is expected to grow at a substantial rate of 30% annually over the next few years to $92.488 billion by 2022 from $25.171 billion in 2017. Recently, Billion Dollar Unicorn player Dropbox filed its S-1 to go public. The company had been waiting to list for a while, but last year’s disappointing technology market IPO performance forced it to stay away.
Researchers estimate the global IT Business Management (ITBM) sector to grow at more than 20% annually over the next few years. The industry was estimated at a $2 billion market back in 2016. IT Business Management includes the IT Financial Management and Technology Business Management services. Bellevue, Washington-based Apptio (Nasdaq: APTI) is a leading vendor in the space.
According to a market report by Zion Market research, the global identity and access management market is estimated to grow at 12.5% annually over the next few years to $15.92 billion by 2022. The industry was valued at $7.85 billion in 2016.
According to IDC, the worldwide market for Big Data and analytics software reached approximately $49.1 billion in 2016 and is expected to grow at a five-year CAGR of 10.6%. Within the broader business analytics software market, Billion Dollar Unicorn Alteryx (NYSE: AYX) addresses the business intelligence and analytic tools, analytic data integration and spatial information analysis markets that accounted for $18 billion in 2015 and are expected to grow to approximately $27 billion in 2020. >>>
If there is one company that has mastered the art of the cloud, it is Salesforce.com (NYSE: CRM). It recently released its fourth quarter results that continued to outpace market expectations. And, there doesn’t appear to be any slowdown in sight.
According to a recent report, the Global Healthcare Cloud Computing market is estimated to grow to $15.8 billion by the year 2025 from $4.5 billion in 2016. Pleasanton, California-based Veeva (NYSE: VEEV), a leading player in the industry, recently announced stellar quarterly results.
According to a MarketsandMarkets report published last year, the global cloud based ITSM Market is estimated to grow 15% annually over the next few years to $8.78 billion by 2021. The growth is expected to be driven by increased adoption of BYOD policies and mobile devices across organizations.
According to a recent market report, the global data visualization market was valued at $4.51 billion in 2017. It is expected to grow 9.5% annually to $7.76 billion by 2023. Data analytics firm Tableau (NYSE: DATA) is a leading player in the industry.
According to a report published last year, the global CRM applications market was worth $24.3 billion in 2016. The market has been dominated by Salesforce.com, which accounts for 26% market share, followed by Oracle, SAP, Adobe, and Genesys. Analysts estimate the industry to grow 2% annually over the next few years to $26.6 billion by the year 2021.