According to a recent MarketsandMarkets report, the global video streaming market is estimated to grow from $30.29 billion in 2016 to $70.05 billion in 2021. That translates to an annualized growth rate of 18% over the five-year period. Netflix (Nasdaq: NFLX) is already delivering more than the industry’s growth rate in its revenue growth. But things may not look all that rosy in the future.
According to Gartner, web conferencing will be used for 15% of enterprise voice and video communications by 2019, up from less than 1% in 2016. A rising player in this space is cloud video conferencing service Zoom Video Communications, which recently made it to the Billion Dollar Unicorn Club. >>>
According to the report on used car dealers in the US published by IBISWorld earlier this year, the used car industry is estimated to grow 2.9% annually through the period 2012 through 2017 to $116 billion in revenues. The market has traditionally been dominated by physical dealership stores, but has, as of late, seen several online players as well. But not many of these have really managed to succeed. Carvana is one player who appears to be ready to test stock market appetite for a business model that is yet to turn in profits.
Many expected the Snap IPO earlier this year to help drive more tech Unicorns into the public markets. Some have followed suit and listed, but to rather unimpressive results. One such company is IT solutions provider Presidio.
A BIA/Kelsey report published in 2015 estimates the location-targeted mobile ad revenues in the US to grow from $6.8 billion in 2015 to $18.2 billion in 2019. The researcher believes that location-based advertising has been a primary driver of mobile advertising growth. After struggling for a while, geolocation services provider Foursquare has finally figured out a sustainable business model and is on the way to profitability.
Technology startup Nutanix went public last October. After the initial surge post listing, the stock hasn’t seen many good days. Last month as the lockup period on the shares expired, the stock fell even further. It does still retain a Billion Dollar Unicorn status, albeit at reducing valuations.
There has been a flurry of IPO activity over the last few weeks with more than seven companies joining the IPO pipeline. Among them is Billion Dollar Unicorn player Cloudera. >>>
A recent Zion Market Research report estimates the global predictive analytics market to be worth $10.95 billion by the year 2022, growing at 21% annually over the next five-year-period from $3.49 billion in 2016. There aren’t many companies from the Midwest that have made it to the Billion Dollar Unicorn club. Chicago’s Uptake is one such rare company that has fast tracked its way into the club.
Traditional forms of data protection involved identifying newer and more innovative ways to copy data so that users can access it in case they lose their core data source. Over the past few years though, a new form of data protection has evolved that is helping in the management of the copies of these data tables. Known as Copy Data Management (CDM) solutions, they manage the creation and use of these copies in an efficient and automated way. It has diversified beyond simply taking copies of data into making it more meaningful by looking for a smart way to deliver copies as needed. IDC estimates the global spend on storage hardware and software to manage copy data to be nearly $44 billion as of 2016. Waltham, MA-based Billion Dollar Unicorn Actifio is a rapidly growing vendor in this space.
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According to a recent report by Food Marketing Institute and Nielsen, the online grocery shopping market is expected to grow five-fold over the next decade. American consumers will spend more than $100 billion on food-at-home items by 2025 compared with $20.5 billion in 2016. The number of shoppers buying groceries online has already increased from 19% in 2014 to nearly a quarter as of 2016. It is expected that by 2025, more than 70% consumers will be shopping for groceries online. The industry has attracted the likes of Amazon and Google, both of which have their versions of grocery shopping services. Then, there are others like San Francisco-based Instacart that focuses only on this market. After Snap’s successful recent IPO, analysts believe that Instacart may now be next on the table.