When it comes to online real estate companies, there are very few big names in the industry. The industry continues to be consolidated under the leadership of Zillow. But none of these really cater to the commercial real estate segment, which is estimated to be a $1.6 trillion market opportunity. The big name within online commercial real estate is that of a bootstrapped venture and a potential Billion Dollar Unicorn club member Auction.com.
According to a recent report published by the IFPI, global music industry revenues fell 0.4% over the year to $14.97 billion in 2014. Within the industry, digital revenues improved 6.9% to $6.9 billion and accounted for 46% of all global music sales. The report reveals that during the year, there was an increase in digital subscription revenues which grew 39% over the year to offset the 8% decline in download sales. Globally, paying users of subscription services improved 46% to nearly 41 million. Billion Dollar Unicorn club member Spotify is reaping benefits from this growth.
According to a report by TrustRadius published last fall, when it comes to web analytics, Google Analytics is the most widely used tool across all business sizes. The research reveals that while Adobe’s analytical tool has more power, Google Analytics is able to attract a wide market share due to its freemium option. Within small businesses though, there is a big range of new companies that are targeting the web and mobile analytics market. One of them is a Billion Dollar Unicorn club contender Mixpanel.
According to an IDC research report, public cloud spending is projected to grow 25% this year to be worth $21 billion and the private cloud IT spending is estimated to grow 16% this year to be worth more than $12 billion. Enterprise services provider Workday is benefiting from this projected growth and interest in the market.
According to a recent RnRMarketResearch.com report, the Global Enterprise Cyber Security Market is projected to grow at 11.84% annually during the period 2014 to 2019. The growth in the market is said to be driven by the increasing demand for cloud security services. Billion Dollar Unicorn club member CloudFlare provides more than just cloud security and is growing at an exhilarating pace.
One of the last things that a CIO wants to change in their organization is the database that they deploy. That is one reason why most companies are still using relational databases and haven’t switched to the relatively new NoSQL versions. A 2014 State of Database Technology Survey found that the biggest pie of the database market was still held by Microsoft SQL Server and Oracle. But that is slowly changing as companies like Billion Dollar Unicorn club entrant MarkLogic improve their offerings.
Recent IDC reports suggest that the global Big Data technology and services market will be worth $41.5 billion by the year 2018, recording a growth of 26.4% annually. The proliferation of smartphones and other connected devices is leading to a significant growth in both structured and unstructured data. New York-based Varonis Systems (NASDAQ: VRNS) is helping manage this massive data explosion.
The global ride-sharing market is seeing skyrocketing valuations. There are several pundits who question these multi-billion dollar valuations. But that hasn’t stopped VCs from continuing to drive valuations upwards – irrespective of the geography in which these companies operate. The lion’s share of the ride sharing market is held by Billion Dollar Unicorn club member Uber.
Rapid globalization in the recent years has led to an increased interest in learning new languages. While English is the most preferred language to learn, there is a growing interest in other languages like Mandarin Chinese and Spanish. A recent report published by TechNavio projects the global Online Language Learning market to grow at 10% annually over the period 2014 through 2019.
Last year, Chinese e-tail giant Alibaba went public on the New York Stock exchange. Alibaba has been the role model of several e-commerce companies. One of their avid followers, India-based Flipkart, is now eyeing an IPO in the US markets as well. The company is already seeing strong growth in its valuation driven by the growing e-commerce market in India. Gartner expects the Indian e-commerce market to grow 70% this year and Morgan Stanley estimates the Indian market to grow to $137 billion by the year 2020.