According to Persistence Market Research, the global corporate performance management (CPM) market is expected to grow to $3.6 billion in 2022 at a CAGR of 5% with the cloud segment at $0.97 billion. Adaptive Insights is a leading player in the cloud-based corporate performance management solutions market. >>>
A recent Forrester report estimates that the US online sales will account for 17% of all US retail sales by the year 2022 from 12.7% in 2017. E-commerce player eBay (Nasdaq: EBAY) recently reported its fourth quarter results, that met market expectations.
According to a report by Global Market Insights, the global eyewear market is forecast to grow to $180 billion by 2024. While the industry remains predominantly a brick and mortar one, in the US, online stores were valued at $48 billion in 2016. Online eyewear retailer Warby Parker is among the leading online eyewear players which is rumored to be eyeing a public listing. >>>
According to a recently published report, the Global Digital Marketing Software Market is expected to grow 13% annually over the next five years to reach $77.4 billion by 2023. The growth is expected to be driven by the increased focus on personalized marketing and continued adoption of mobile devices. Billion Dollar Unicorn player Marketo is a leading player in the digital marketing segment.
Twitter (NYSE: TWTR) has, for the first time in its history, reported a GAAP profit. Has it finally figured out how to leverage social media to deliver a profitable and growing business venture? Have all its troubles ended? >>>
A few years ago, Xiaomi was the most valued Billion Dollar Unicorn at $46 billion before Uber took away that crown. It now plans to go public this year in what could be the biggest tech float. >>>
Facebook (Nasdaq: FB) recently celebrated its fourteenth anniversary amid much controversy. While it continues to outpace market expectations on all financial fronts, the social pressure on the company is mounting. Several groups and leaders have come forward demanding that tech companies like Facebook do something about the growing tech addiction that is plaguing the youth of today. In fact, not just youth. Facebook addiction is a pervasive phenomenon in modern society, and not a healthy one. Facebook has become the modern-day cigarette.
The recent change in the tax code has created quite a stir among tech giants. Apple (Nasdaq: AAPL) is setting a phenomenal example by announcing plans to bring its overseas cash pile back into the country. That should spell good news for investment in the US.