According to a Grand View Research report published earlier this year, the global cyber security market is estimated to grow 10% annually to reach $300.32 billion by 2025 from $139.67 billion in 2017. Enterprise cloud security company Zscaler (NASDAQ: ZS) beat analyst estimates for the fourth quarter but its weak outlook for FY2020 sent its stock tumbling.
>>>According to an Allied Market Research report, the global digital signature market is estimated to grow 30% annually over the next few years to reach $3.44 billion by 2022. DocuSign (Nasdaq: DOCU), a leading player in the segment, recently announced its quarterly performance that missed the market expectations. However, it made up for it by announcing a stellar outlook that sent the stock soaring.
>>>According to a Grand View Research report published earlier this year, the global cyber security market is estimated to grow 10% annually to reach $300.32 billion by 2025 from $139.67 billion in 2017. Leading player Palo Alto Networks (NYSE:PANW) recently announced its fourth quarter results.
>>>According to a recent Zion Market Research report, the global Identity and Access Management Market is estimated to grow 12.8% annually to reach $23.38 billion by 2025 from $10.12 billion in 2018. Okta (Nasdaq: OKTA), a leading player in the industry, recently announced its second quarter results that continued to outpace market expectations. But the recent volatility in the stock market sent the stock tumbling this week.
>>>According to a report by MarketsandMarkets, the global cloud integration market is estimated to grow 13.7% annually to $12.24 billion by the year 2022. The growth in the industry is estimated to be driven by the growing demand for tools that can integrate several heterogeneous data sources and the rise of cloud computing that is resulting in the need for effective data integration tools and practices. Open source integration software vendor Talend (Nasdaq: TLND) is a leading player in this market that continues to tap into cloud-based offerings.
>>>According to Gartner, worldwide spending on customer experience and relationship management (CRM) software grew 15.6% to reach $48.2 billion in 2018. Salesforce (NYSE:CRM), which is the leader in the CRM market with 19.5% share, recently reported a strong quarter and raised its forecast following its recent acquisitions.
>>>According to Forrester and IDC, the total addressable market for collaborative applications and project/portfolio management is estimated to grow to more than $31.5 billion by 2021. Seattle-based Smartsheet (Nasdaq: SMAR) recently announced its second quarter results that continued to outpace market expectations.
>>>According to a Juniper Research report, the enterprise spend on Communications Platform as a Service (CPaaS) is set to quadruple to $6.7 billion by the year 2022. Twilio (NYSE:TWLO) is a leading player in the segment that is benefitting from the strong growth trends in the industry.
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