According to a recent report, the global SaaS Spend Management Software market is expected to grow at 22% CAGR from $611 million in 2021 to reach $2.46 billion by 2028. San Mateo-based Coupa (Nasdaq: COUP) recently announced its fourth quarter results that failed to impress the market. The company’s weaker outlook sent the stock plummeting in the after-hours trading session.
>>>According to a recent report, the global customer experience management (CXM) market was valued at $8.79 billion in 2021 and is expected to grow at 18% CAGR from 2022 to 2030 is driven by the increasing need among organizations to adopt customer experience strategies, such as regular communication and engagement to deliver the best service performance to customers in real-time. New York-based Sprinklr (NYSE:CXM) is a leading player in the market that went public last year and continues to deliver strong results.
>>>The Global Digital Remittance Market is projected to grow at 13% CAGR to reach $40.26 billion by 2028 from $15.94 billion in 2020. Digital transformation is helping drive growth in the industry as institutions are able to provide improved products and services while minimizing user costs. London-based Wise (LSE:L) is a leading FinTech player in the market that recently went public.
>>>According to a recent report, the global DevOps Platform market is projected to grow 20% from $6.7 billion in 2021 to $26.37 billion by 2028. GitLab (Nasdaq:GTLB) is a leading provider of DevOps solution in the market that recently went public.
>>>According to an IDC report, the global public cloud services market is expected to grow to $676.1 billion by 2024. Within the market, infrastructure, security, networking, and applications markets are estimated to grow from $41.7 billion in 2021 to $72.5 billion by 2026. San Francisco-based HashiCorp is a leading player in the market that recently went public.
>>>Language learning service provider Duolingo (Nasdaq: DUOL) recently announced its fourth-quarter results. The company had listed last summer, but has failed to maintain its list price since. It continues to invest in growth by building on its content and user engagement strategy and believes that it can compete with other media streaming players as well. The recent app store price cut is expected to help Duolingo significantly.
>>>According to a report by Market Research Future published last year, the Hybrid Cloud market is estimated to grow at 23% CAGR to reach $173.33 billion by 2025. Enterprise cloud computing player Nutanix (Nasdaq: NTNX) is helping organizations migrate to these multi-cloud environments by improving its product and partner capabilities.
>>>According to a recent report, the global identity and access management market is estimated to grow ar 14.5% CAGR from $13.41 billion in 2021 to reach $34.52 billion by 2028. Corporate identity management software company Okta (NASDAQ: OKTA) recently reported its fourth-quarter results that surpassed market expectations. But the outlook of bigger than expected losses did not please the market.
>>>Salesforce (NYSE: CRM) recently announced its fiscal fourth-quarter results that continued to surpass market expectations. Despite margin headwinds due to currency pressures and integration of its acquisitions, the company continues to expand across all financial metrics.
>>>According to a Mordor Intelligence report, the healthcare cloud computing market is expected to grow at 14% CAGR to reach $71.730 billion by 2027 from $33.4 billion in 2021. Veeva (NYSE: VEEV) recently reported its fourth-quarter results that continued to surpass all market expectations.
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