After spinning off PayPal last year, the market was worried about eBay’s (Nasdaq: EBAY) ability to sustain sound performance. After a couple of quarters of impressive results, the market’s worries appear to have caught up with eBay. The recent results were unimpressive and concerns about its ability to deliver loom large again. >>>
According to a recent eMarketer report, the global mobile phone messaging app user market was estimated to have grown 32% over the year to 1.4 billion users worldwide in 2015. The sector is dominated by Whatsapp, which recently announced a milestone membership of more than 1 billion active users, and Facebook Messenger – both of which have presence in more than 20 countries worldwide. By 2019, eMarketer expects this number to grow to 2.19 billion users.
A MarketsandMarkets report pegs the HCM market to be worth $17.5 billion by the year 2019. The market was estimated to be worth $10.96 billion in 2014, translating to an annualized growth of 9.8% over the five year period. But the high growth in the market has not been of much help to former Unicorn player Zenefits – a company that uses HCM applications to cross-sell insurance products.
Netflix (Nasdaq: NFLX) appears to have hit a bit of a roadblock as it continues to grapple with a saturated domestic market. The company plans to address the issues through content and geography expansion. But all of that comes at a cost.
Early this month when Tableau turned in a disappointing quarter, several cloud stocks took a hammering. ServiceNow (NYSE:NOW) was one of the cloud stocks to undergo a steep price decline of almost 40%. It lost almost $4 billion in value even after beating analyst’s revenue and earnings estimates and becoming the second cloud company to cross $1 billion in revenue. >>>
Facebook (Nasdaq: FB) recently turned twelve and what an exciting twelve years they have been. The company has constantly defied market speculation on its valuation and capabilities. When it went public in 2012, Facebook became the biggest ever tech IPO, surpassing Google’s listing price. And things haven’t stopped looking up since. The company is now planning to have more than 5 billion users by 2030. >>>
A recent Research and Markets report on the Global Web-Based Real-Time communication market projects the industry to grow 36% annually over the period 2016 through 2020. While the biggest vendors in the market are Cisco, Ericsson, Google, and Mozilla, other smaller vendors are also making their presence felt. One such player is San Francisco-based Twilio. >>>
Social networking site, Twitter (NYSE: TWTR), cannot figure out the secret sauce to success. Last year, it appointed a new CEO, its co-founder Jack Dorsey. The market expected him to deliver a miracle. Last week Twitter declared results and it again failed to deliver the miracle as its growth continued to stall. Recently Twitter also edited its Timeline feature to attract a higher user base. It remains to be seen how well these edits will help Twitter.
A recent study by IDC on Big Data projects the big data related infrastructure, software, and services to grow at a compound annual growth rate of 23.1% over the period 2014 through 2019. The market is estimated to be worth $48.6 billion in 2019. Another report by MarketsandMarkets projects the Advanced Analytics market, which includes Big Data analytics, to grow 33% from $7.04 billion in 2014 to $29.53 billion in 2019. >>>
After years of sky-high valuations, the year 2016 has gotten off to a gloomy start for the Tech market. Against this gloomy backdrop, LinkedIn’s disappointing outlook was punished harshly with its stock plunging more than 40%, wiping off $11 billion of its market value. It has also triggered a reassessment of the overhyped potential of Internet and cloud stocks. >>>