AppLovin Struggles, But Focuses on NFTs for Growth

The global mobile application market is estimated to grow at 13% CAGR through 2030 from $187.58 billion in 2021. Despite the strong projections, AppLovin (Nasdaq:APP) is not very optimistic about the future. Its recent second quarter results failed to meet market expectations. The macro economic uncertainty caused it to drop its outlook as well. But the company is banking on the emerging trend of NFTs to drive growth.

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Decacorns: Miro Boomed During the Pandemic

During the pandemic lockdowns, most offices globally shifted to virtual working conditions. The rapid transition led to the adoption of several online collaboration tools with high growth season for virtual meeting and webinar providers. During the recent year, the global restrictions have reduced, and the same companies are seeing a slowdown in growth. According to a recent report, the Collaboration applications market size is expected to grow a modest 2% over the next few years to reach $20.8 billion by 2026. Microsoft remains the leader of the pack with almost 20% market share. But the market is crowded with several other smaller players who are offering similar services. One such player is San Francisco, and Amsterdam-based Miro.

Will Apple Buy Netflix?

Earlier this week Netflix (Nasdaq: NFLX) reported its third quarter performance surpassing the market’s forecast. The company reported a net increase in its subscriber base, a first this year. Netflix continues to try alternate revenue monetization models as it taps into a fairly saturated streaming market.

Cloud Stocks: Snowflake Helps Developers Monetize its Marketplace

The global Big Data analytics market is predicted to grow 13% annually to reach $655.53 billion by 2029. The expanding use of database across industries and the growing adoption of edge computing is driving the growth in the Big Data market. San Mateo-based Snowflake (NYSE:SNOW) is a leading data warehouse solution provider that recently announced its quarterly results.

Cloud Stocks: Analysis of UiPath’s Re:Infer Acquisition

The global intelligent process automation market is estimated to grow 16.5% CAGR from $9.52 billion in 2021 to reach $37.63 billion by 2030. New York-based UiPath (NYSE: PATH) recently announced its second quarter results that continued to outpace market expectations. But the weaker than expected outlook has sent its stock tumbling.

Cloud Stocks: Couchbase Focuses on Development of its Community

The global NoSQL market is expected to grow at 30% CAGR from billion in 2021 to $27.4 billion by 2027. The growth in the industry is being driven by the increasing amount of semi-structured and unstructured data generated by varied business needs and user preferences. The surging penetration of smartphones and the internet is adding to the demand for NoSQL databases in social networks, retail, and e-commerce sectors. Couchbase (Nasdaq: BASE), a leading vendor in the market, recently announced its second-quarter earnings.

Cloud Stocks: Analysis of Fastly’s Glitch Acquisition

The global Content Delivery Networks (CDN) market is estimated to grow 16% annually to reach $35.37 billion by 2027 from $14.56 billion in 2021. Fastly (NYSE: FSLY) is a leading player in the market that continues to consolidate within the market.

Cloud Stocks: Samsara Showcases Use Cases to Prove Resilience to Market Conditions

According to a recent report, the global Internet of Things market is estimated to grow at 26% CAGR to reach $2,465.26 billion by 2029 from $384.7 billion in 2021. San Francisco-based Samsara (NYSE: IOT) is a leading player in the market that recently announced its second quarter results.

Cloud Stocks: Zoom Fails to Impress Post the Pandemic

According to a recent report, the global video conferencing market is expected to grow 12.5% annually over the next few years to reach $19.73 billion by 2030. Zoom Video Communications (Nasdaq: ZM) had enjoyed a stellar run during the pandemic, but with markets opening up, the company faces a significant challenge in maintaining growth forecasts.

Cloud Stocks: Upstart Expands Its AI Product Reach

According to a recent report, the global digital lending platform market is estimated to grow at 15% CAGR from $8.6 billion to $20.3 billion by 2027. San Mateo-based Upstart (NASDAQ: UPST) recently announced its quarterly results as it continues to expand its AI capabilities.