Cloud Stocks: Analysis of CrowdStrike’s Reposify Acquisition

According to a recent report, the global endpoint security market is expected to grow at 12% CAGR from $14.63 billion in 2021 to $28.29 billion by 2027. Leading player CrowdStrike (NASDAQ: CRWD) recently announced stellar quarterly results as it continues to acquire in the space.

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Cloud Stocks: Tuya Fails to Cope with Economic Turbulence

According to a recent report, the global internet of things (IoT) market is projected to grow 26% annually from $478.36 billion in 2022 to $2,465.26 billion by 2029. Despite the strong growth projections, China’s Tuya (NYSE: TUYA) is struggling to grow. It has found it difficult to deal with the global inflation and supply chain issues, resulting in a significant erosion of its market capitalization since its listing last year.

Udemy Expands International Footprint

According to a recent report, while the North American market will continue to dominate the fast growing online education market, the Asia Pacific markets will emerge as the second dominant region. Overall, the global online education market is expected to grow 23% annually to $198.9 billion by 2030. San Francisco-based Udemy (Nasdaq:UDMY) is tying up with several partners in the Asia Pacific region to expand its presence in the market.

Coursera Continues to Stumble

According to a recent research, the global e-learning market is expected to grow 13% annually to $645 billion by 2030 from $215 billion in 2021. The North American market is the largest market that is expected to grow 11% annually to $76 billion by 2030. Recently, Coursera (NYSE:COUR) announced its quarterly results that reported strong growth. But the results fell short of expectations and its weaker than anticipated outlook have sent the stock falling.

Cloud Stocks: Sumo Logic Focuses on Federal Offerings

According to a recent report, the global SaaS market is estimated to grow at 19% CAGR to $702.2 billion by 2030. Redwood City-based Sumo Logic (NASDAQ: SUMO) is a leading SaaS analytics platform that enables reliable and secure cloud-native applications. It recently announced impressive quarterly results.

Cloud Stocks: BlackLine Expands Google Cloud Partnership

According to a recent report, the global accounting software market is projected to grow 20% annually over the next few years to reach $45.3 billion by 2028. Recently, financial software provider BlackLine (NASDAQ: BL) announced its quarterly results that surpassed market expectations.

Cloud Stocks: Analysis of DigitalOcean’s Acquisitions

According to a recent report, the global serverless architecture market is projected to grow at 23% CAGR to reach $21.1 billion 2025. Digital Ocean (NYSE: DOCN) has been expanding its presence in the market by acquiring smaller players in the market.

Cloud Stocks: Backblaze Builds out a Partner Program

According to a recent market report, the global Cloud Storage Market is expected to grow at 18% CAGR from $77.5 billion in 2021 to $208.1 billion by 2028. San Mateo-based Backblaze (Nasdaq: BLZE) is a rapidly growing player in the market.

Cloud Stocks: Analysis of Adobe’s $20B Figma Acquisition

Adobe (NASDAQ: ADBE) recently reported its quarterly results that continued to outpace market expectations. But the biggest news for the company was its $20 billion acquisition of Figma, a small design startup.

Cloud Stocks: Pure Storage Focuses on Flexible Customer Offerings

According to a recent report, the global NAND flash memory market is expected to grow at 5% CAGR from $66.52 billion in 2021 to reach $94.24 billion by 2027. The current macro trends of AI and machine learning, mobility, and connectivity are helping drive the growth in this market. Pure Storage (NYSE: PSTG) recently reported its second-quarter results that surpassed market expectations.