According to AC Nielsen and the Indian Federation of Sports Gaming, the number of online fantasy gaming operators doubled to 60 from 30 in 2017 and about 100 million Indians are estimated to play fantasy sports by 2019. The leader in the space Dream11 with 90% of the market recently raised $100 million in venture funding. >>>
This week, Qualtrics International ditched its IPO plans and agreed to an $8 billion acquisition by SAP. Qualtrics was bootstrapped for ten years before it raised venture funding. With this acquisition, the founders and other major shareholders stand to make a cool $7 billion. >>>
According to a Mordor Intelligence report published recently, the mobile Anti-Malware market was estimated at $3.42 billion in 2017. It is estimated to grow 18% annually over the next five years to $9.2 billion by 2023. Recently, anti-malware focused player FireEye (Nasdaq: FEYE), reported its third quarter results, which surpassed market expectations.
According to a Business Wire report published recently, the global cloud-based IT Service Management market is estimated to grow 8.8% annually over the next four years. Another report published by Market Research Future estimates the global help desk automation market to grow to $11 billion by 2023, recording an annualized growth rate of over 33% during the period 2017 through 2023. Freshdesk, now called Freshworks, and Zendesk (NYSE: ZEN) are both capitalizing on this growth trend. >>>
According to a ResearchAndMarkets report published recently, the global security and vulnerability management market is expected to grow 10% annually over the next five years. The BFSI segment is expected to continue to hold the largest market share in the sector. Within geographies, the North American market will be the biggest market. Recently, Billion Dollar Unicorn Rapid7 (Nasdaq: RPD) announced its third quarter results that continued to outpace market expectations.
According to India Brand Equity Foundation (IBEF), the Indian e-commerce market is projected to grow 51% annually from $39 billion in 2017 to $120 billion by 2020 driven by a young demographic profile and rising internet penetration. Infibeam Avenues is a listed Indian company that provides e-commerce and payment solutions to businesses and government agencies. >>>
According to a Grand View Research report, the global B2C e-commerce market is expected to grow 12% annually to $7,724.8 billion by 2025. The growth in the industry is attributed to increased disposable income levels and rising internet and smartphones penetration. Billion Dollar Unicorn Shopify is helping retailers establish and improve their dot-com presence to drive this growth. >>>
According to a recent report published by SBWire, the global Data Visualization Applications Market is currently growing at an annualized rate of 10% each year. The market growth is driven by escalation in big data, advancements in visualization software, and the increasing need for faster decision making. Another report published earlier this year estimates the data visualization market to grow to $7.7 billion by 2023, growing 22% annually. But despite the steady growth rate, Tableau’s (NYSE: DATA) recently reported quarterly results failed to impress the market.