Tableau Gearing up for Competition

According to Wikibon’s Big Data Vendor Revenue and Market Forecast released earlier this year, the worldwide market for Big Data-related hardware, software, and services grew 58% over the year to $18.6 billion in 2013. The report estimates the market to grow to $28.5 billion in 2014 and to $50.1 billion by the year 2017.

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Palo Alto Networks Still Going Strong

According to a Research and Markets report released earlier this year, the Global Enterprise Network Security market is estimated to grow at a rate of 6.6% annually over the period 2012-2016. The growth in the market is attributed to increasing adoption of network security solutions by small and medium organizations.

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Atlassian Gradually Deploying a Sales Team

According to a recent Gartner report on enterprise application software market in the Asia Pacific region, the market is estimated to have grown 6.5% over the year to $12.6 billion in 2013. The fastest growing market was Australia, which recorded 7.7% growth over the year to $3.4 billion. China reported a comparatively modest growth of 5.9% to $3.1 billion.

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Zendesk and Freshdesk Continue to Grow their CRM Offerings

According to a recent Gartner report, the global customer relationship management (CRM) software market is estimated to have grown 13.7% in 2013 to $20.4 billion. The growth was attributed to the increased investment in digital marketing and customer experience initiatives. The industry was dominated by SaaS-based offerings, which accounted for 41% of the total market. Gartner also estimates digital initiatives to continue to be the driving force for CRM in the years to come.

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Marketo is Growing Presence and Offerings

eMarketer’s latest report on global marketing spend projects worldwide spending on advertisements to increase 6% this year to $545.4 billion compared with the 3% growth reported a year ago. Within the market, growth will be driven by digital ad spend which is projected to grow 17% this year to $140.15 billion with mobile ad spend growing 85% this year to $32.71 billion. This will also be the first year when ad spend on digital media will account for more than 25% of all media ad spend for the year.

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Box and Dropbox Growing with No Profits in Sight

Cloud storage services provider Box continues to delay plans for their IPO. They are waiting for the right moment to go public as the market conditions right now are too “volatile”. They have already filed their S-1 but now suspect that the timing of the IPO will be better at the end of their current fiscal year or in 2015.

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Egnyte Differentiates With Hybrid Cloud Solutions

According to a recent ESG survey of 334 North American IT professionals regarding online file sharing and collaboration services and deployment, 84% respondents leveraged the public cloud deployment model. Of these cloud adopters, 97% respondents preferred a hybrid model and 90% of the users placed restrictions on some data being stored in on-premise storage solutions.

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Workday Executes With Confidence

According to a report released by TechNavio earlier this year, the global SaaS-based ERP market is projected to grow 13.8% annually over the period 2013 through 2018. Within the ERP market, IDC estimates that the human capital management (HCM) solutions market will grow 8.2% annually over the period 2013 through 2018 to $15.4 billion in 2018 . The HCM market is expected to have grown 9% over the year to $10.4 billion in 2013.

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Salesforce.com’s Unstoppable Growth

A recent Forrester report on cloud computing estimates the public cloud services market to grow to $191 billion by 2020 from $58 billion recorded in 2013. The report estimates the growth to be driven by the growth in Software-as-a-Service (SaaS) and cloud applications to $133 billion by 2020 from $36 billion in 2013. The cloud platform segment is expected to grow nearly ten times from $4.7 billion in 2013 to $44 billion by 2020 and cloud business services will bring in the remaining $14 billion revenues in 2020.

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China’s LightInTheBox Helps Sell Chinese Products Abroad

According to eMarketer, global business-to-consumer (B2C) e-commerce sales are estimated to grow 20% to $1.5 trillion this year. The growth is attributed to increased adoption of online and mobile devices in emerging markets and higher penetration of features such as advancing shipping and payment options, as well as the thrust into international markets by bigger brands. In fact, this is expected to be the first year when the Asia-Pacific market will outgrow the North American market with sales in Asia-Pacific estimated at $525.2 billion versus $482.6 billion in North America. Not surprisingly, China will be the largest market in the region. Here is an interesting infographic from the report showing the high e-Commerce growth anticipated by emerging markets.

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