Ecommerce platform BigCommerce recently reported its fourth-quarter results that outpaced market expectations. The company is looking to tap into the growing social commerce market to help its customers expand their market reach.
>>>The global pandemic accelerated the growth of the Unified Communication-as-a-Service (UCaaS) market with vendors like Microsoft and Zoom seeing improvement in their market share. In 2020, the UCaaS subscriber base of both Microsoft and Zoom grew to over 1 million users each. But RingCentral (NYSE:RNG) remained the market leader with a 20% market share.
>>>According to a recent report, the global digital experience platform (DXP) market is estimated to grow 12% annually from 2021 to 2028 from $9.20 billion in 2020, driven by organizations looking to deliver integrated, personalized, and optimized user experience and engagement across marketing channels. San Francisco-based ON24, a leading player within the space, recently reported its quarterly results that surpassed market expectations.
>>>Cloud-based planning software provider Anaplan (NYSE:PLAN) recently reported its third-quarter results that outpaced market expectations for the quarter. The company announced a deep integration with AWS as it works on expanding its market presence.
>>>The recent attack by Russia on Ukraine has heightened the interest in cyber security players. Enterprise cloud security company Zscaler (NASDAQ: ZS) is one such player that is expected to see an increased market interest in its products. The company recently reported its second-quarter results that continued to outpace market expectations.
>>>According to a recent market report, the global cyber security market is expected to grow at 12% CAGR from $165.78 billion in 2021 to reach $366.1 billion by 2028. The growth is expected to be driven by the increased adoption of e-commerce platforms, the growing integration of machine learning, internet-of-things (IoT), and cloud solutions. Security player Palo Alto Networks (NYSE:PANW) recently announced its quarterly results that surpassed market expectations.
>>>According to a recent market report, the global cloud storage market is projected to grow from $76.43 billion in 2021 to $390.33 billion in 2028, translating to an annualized growth rate of over 26% during the forecast period. Backblaze is a leading player in the market that recently went public.
>>>The global big data analytics market is expected to grow at 13% CAGR to reach $549.73 billion by 2028 from $206.95 billion in 2020. Data science and analytics platform provider Alteryx (NYSE: AYX)Â recently announced its fourth quarter results that continued to outpace market expectations.
>>>Israel-based Wix.com (Nasdaq:WIX) recently announced its fourth quarter results that failed to meet the market’s expectations. The company continues to release new products and services to help small businesses expand their online presence.
>>>Ontario-based Shopify (NYSE:SHOP) continues to deliver stellar results. It was a strong year for the company that saw record number of merchants and value of transactions on its platform. The company continues to build its platform to cater to the emerging demands of global merchants.
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