According to a report by research firm IHS, the global network security appliance and software market was trending at $8 billion annual run rate as of 2015. The analyst expects the market size for data center and carrier appliances and virtual security appliances to grow 42% over the period 2015 through 2019. Here is an interesting story of IPO candidate Illumio that has helped take network security to the next level.
According to the global Digital Transaction Management (DTM) report by Aragon Research, 70% of large companies globally are working toward implementing DTM as a business imperative by the end of 2016. The DTM market is estimated to grow to $30 billion by 2020.
An IBISWorld report had pegged the US interior design market to be worth $12 billion in 2015. Overall, the home improvement market is expected to be worth about $350 billion-$500 billion, growing 6% annually. According to a State of the Industry survey published by online vendor Houzz, more than half the interior decorating businesses expect revenues to grow by more than 10% and nearly a third of them expect revenues to grow by more than 15% in 2016.
According to Gartner, there is a shift in the BI market away from IT-developed reporting solutions toward business user-led analytics solutions. Gartner predicts that by 2017, most business users and analysts in organizations will have access to self-service tools to prepare data for analysis. Domo has made it to the Billion Dollar Unicorn Club riding on this trend and is now looking to go public. >>>
If there is one company that has surprised everyone with its meteoric valuation rise, it is San Francisco’s Uber. The ride-sharing app provider has defied all controversies and sane judgements about sustainable valuations in the past year. The market is eagerly waiting for it to go public, but till last year with private funding coming easy, Uber was not too keen on listing.
According to a Transparency Market Research report, the global cloud computing market in the healthcare services sector is projected to grow to $6.8 billion by the year 2018 compared with $1.82 billion in 2011. Pleasonton, California-based Veeva Systems is delivering strong performance within this high growth market.
According to recent research reports, the global open source software market was estimated to be worth $2 billion in 2013. Containers are the big rage in the market with tech giants like Microsoft, Amazon, EMC, and Cisco supporting them. Docker is the biggest startup in containers that has made it to the Billion Dollar Club and is set to go public. >>>
According to a MarketsandMarkets report, the Disaster Recovery as a Service market is estimated to grow 53% annually over the period 2015 to 2020. The market is estimated to be worth $11.92 billion in 2020. While North America will be the largest market in terms of market size, emerging markets of Latin America, Asia-Pacific, and the Middle East and Africa will be the ones with high growth rates.
Two years ago, SAP completed the $8.3 billion acquisition of Concur Technologies, clearly highlighting the importance of SaaS-based solutions within the expense management space. According to a TechNavio report, the Global SaaS-based Expense Management market is estimated to grow 19.2% annually over the period 2013 through 2018. The market is dominated by bigger vendors including the likes of Ariba, SAP through its Concur acquisition, IBM, and Oracle. Now, some startups like Coupa are also making their presence felt.
A few years ago, the flash and daily deals market was the rage and we saw several deals companies like Groupon and Zulily waltz into the Billion Dollar Unicorn Club, riding high on its hype. But the fad has passed and has left in its wake some unicorpses including LivingSocial. Gilt Groupe, the pioneer of flash deals in the US, was valued at $1 billion way back in 2011. But it has joined the ranks as a unicorpse* when it was recently acquired for just $250 million by Hudson Bay. >>>