Cloud Stocks: Confluent Expands Ecosystem with Microsoft and AWS

According to Gartner, the global application infrastructure middleware market is projected to grow at 10% CAGR to $ 83.1 billion by 2027 from $ 47.5 billion in 2021. Silicon Valley-based Confluent is a leading player in the sector that operates a data streaming platform. Its managed cloud-native service for connecting and processing data and an enterprise-grade self-managed software, which connects and processes data in real-time with the foundational platform for data in motion, are seeing strong market adoption as was evident in its recent results.

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Cloud Stocks: Marqeta Struggles, Tries to Recover Through an API Strategy

According to recent reports, the global credit card payments market is projected to grow at 9% CAGR from $138.43 billion in 2020 to reach $263.47 billion by 2028. The growth in the industry is attributed to the increasing demand for cash alternatives and availability of affordable credit cards across the globe. Marqeta (Nasdaq: MQ) is a leading card-issuing platform that is seeing significant adoption of its services across the country.

Cloud Stocks: ForgeRock Leverages AI for Growth

The global identity and access management (IAM) market is expected to grow at 14% CAGR to reach $25.6 billion by 2027 from $13.4 billion this year. San Francisco-based ForgeRock (NYSE: FORG), a key player in the industry, is leveraging AI capabilities to target this market.

Cloud Stocks: Samsara Expands Farm-Focused Vertical Offerings

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. San Francisco-based Samsara (NYSE: IOT) is a leading player in the market that went public last year.

Cloud Stocks: Informatica Focuses on Vertical Specific Offerings for Growth

According to a recent report, the global enterprise data management market is expected to grow at 14% CAGR from 2022 to 2030. Redwood Shores-based Informatica (NYSE: INFA) is a leading player in the market that is delivering vertical specific offerings to expand its market presence.

Cloud Stocks: UiPath Simplifies Intelligent Automation

The intelligent process automation market is expected to grow at 13% CAGR from $10.81 billion in 2021 to $31.4 billion by 2030. New York-based robotic automation company UiPath (NYSE: PATH) recently announced its first quarter results that continue to outpace market expectations.

Cloud Stocks: Toast Addresses Changing Restaurant Industry Dynamics

The US restaurant POS market was valued at $4.56 billion in 2020 and is expected to grow at 6.4% CAGR from 2021 through 2028. Analysts believe that the industry will see growth of mobile and self-service kiosk segments as companies shift to more affordable options. Boston-based Toast (NYSE: TOST) is hoping to address this demand through product enhancements and partnerships.

Cloud Stocks: Smartsheet Expands its Capabilities for Marketers

The global Enterprise Collaboration Market size is expected to grow at 13% CAGR from $47.2 billion in 2021 to $85.8 billion by 2026. Smartsheet (Nasdaq: SMAR) continues to benefit from this high growth trend.

Cloud Stocks: Analysis of Zoom’s Acquisition of Solvvy

According to a recent report, the global video conferencing market is estimated to grow at 11% CAGR from $6.9 billion in 2022 to $14.6 billion by 2029. Online video conferencing player Zoom Video Communications (Nasdaq: ZM) meanwhile continues to try to diversify its offerings beyond video conferencing to enter the contact center market. After a failed attempt at an acquisition last year, it recently acquired a contact center player to make its presence felt in the industry.

Cloud Stocks: Adobe Strengthens its Creative Cloud Portfolio and Gets Ready for the Metaverse

Adobe (NASDAQ: ADBE) recently reported its quarterly results that continued to outpace market expectations. The company is driving growth by focusing on creative products and catering to the emerging demands of content needed for videos and the metaverse.