eMarketer estimates the online coupon industry to be worth $4 billion annually. The research firm also estimates that the number of people redeeming digital coupons will grow to 100.1 million this year, compared with 92.5 million in 2012. The use of mobile devices to access coupons is also rising and is projected to grow to 53.2 million this year, compared with 12.3 million in 2010.
According to Gartner’s latest report on the worldwide PC industry, global PC shipments during the last quarter fell 7% over the year to 82.6 million units. This was the seventh consecutive quarter where PC shipments registered a decline. This spells bad news for chipmaker Intel (Nasdaq: INTC), which is still struggling to establish its dominance in the mobile dominated market.
According to an IDC report on the enterprise social software segment published last year, the industry is projected to grow 22% annually over the period 2012 to 2017 to $2.7 billion. The market was pegged to be worth $1 billion in 2012. The report estimates IBM to be the leader in the segment with 14.2% market, followed by Jive’s market share of 10.2%. But despite being a strong player in the market, Jive Software (Nasdaq: JIVE) is finding it difficult to turn profitable.
Gartner’s recent report on the gaming industry estimates the worldwide games market to be worth $93 billion last year, compared with $79 billion in 2012. The growth in the industry is attributed to mobile gaming, video game console, and software sales. Globally, the gaming industry is projected to be worth $111 billion by 2015 with mobile games reporting the highest growth during these years. Mobile games are projected to grow from $13.2 billion last year to $22 billion by 2015.
The slowing growth rate for the projected quarters has been bogging down most social media stocks. Recently, the stock market took unfavorably to the newly public social networking giant Twitter, which projected a weaker outlook on account of slowing user growth. Professional network LinkedIn fared no better when they announced a similar trend for their projections.
Gartner’s recent report on worldwide IT spending estimates IT spending to grow 3.1% to $3.8 trillion in 2014. Enterprise software is expected to be the strongest growing market with spending projected to increase 6.8% to 320 billion in 2014. It is followed by a 4.5% growth in IT services to $963 billion. Spending on devices is projected to grow 4.3% this year to $697 billion while data center systems are projected to grow 2.6% to $143 billion. Telecom services will be the slowest growth segment with the market growing 1.2% to $1,653 billion.
According to a recent report by IDC, the global big data market is projected to grow 6 times faster than the IT market to be worth $16.1 billion this year. Within big data, the infrastructure market is expected to be the highest growing segment and will account for 45% of the market this year. Services account for 29% and software contribute 24% of the big data market.
Last week Twitter (NYSE: TWTR) announced results for their fourth quarter – the first result announcement since they went public. While quarterly performance exceeded market expectations, the Street wasn’t too happy with their user metrics. Twitter is looking at improving their product to counter this slowing growth.
Last year, Microsoft (Nasdaq: MSFT) CEO, Steve Ballmer announced his plans to retire from his position at the head of Microsoft. Since then, the market has been speculating as to who would step next into the shoes to become the third CEO of the tech giant. The question was answered recently, when Microsoft announced the ascension of Satya Nadella to the post of CEO.
The $2.12 billion application performance monitoring industry is looking at quite a few IPOs this year. Recently, we looked at AppDynamics which was evaluating a possible IPO. Here is a quick insight into another player in the industry, New Relic, which is also headed down the IPO route.