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Technology Stocks
Cloud Stocks: Pure Storage Focuses on Flexible Customer Offerings
According to a recent report, the global NAND flash memory market is expected to grow at 5% CAGR from $66.52 billion in 2021 to reach $94.24 billion by 2027. The current macro trends of AI and machine learning, mobility, and connectivity are helping drive the growth in this market. Pure Storage (NYSE: PSTG) recently reported its second-quarter results that surpassed market expectations.
>>>Cloud Stocks: PagerDuty Focuses on Reducing Manual Intervention within DevOps
According to a recent report, the Global DevOps Market is estimated to grow at 20% CAGR from $7.4 billion in 2021 to reach $37.2 billion by 2030. San Francisco-based PagerDuty (NYSE: PD) recently announced its quarterly results that continued to outpace market expectations.
>>>Cloud Stocks: DocuSign Focuses on Integrations
According to a recent report, the global digital signature market size was estimated to grow at 28% CAGR from $4.4 billion in 2021 to $42 billion by 2030. DocuSign (Nasdaq: DOCU) recently announced its second quarter results that surpassed market expectations, but the company’s outlook was not too impressive.
>>>Darktrace Builds on its Cybersprint Acquisition
According to a recent report, the global cyber security market size is expected to grow 9% annually from $173.5 billion in 2022 to $266.2 billion by 2027 fueled by the increasing adoption of digital transformation tools to streamline operations, increase mobility, and migrate away from on-premise technologies. UK-based Darktrace is a leading AI-based cyber security provider that continues to improve its product offerings to drive market expansion.
>>>Cloud Stocks: Coupa Helps Maximize Savings Efficiency to Tackle Global Economic Conditions
According to a recent report, the Global SaaS-based Expense Management market is expected to grow at 11% CAGR to reach $6.6 billion by 2028. San Mateo-based Coupa (Nasdaq: COUP) recently announced its second quarter results that surpassed market expectations. As economic conditions remain turbulent globally, the company is focusing on delivering added value to its customers.
>>>Cloud Stocks: HashiCorp Struggles to Maintain DecaCorn Valuation Amid Stock Conditions
According to a recent report, the global infrastructure as code (IaC) market is estimated to grow at 24% CAGR to $2.3 billion by 2027 from $0.8 billion this year. IaC technologies assist system administrators in manual procedures and allow application developers to concentrate on what they do effectively by optimizing and refactoring infrastructure builds. San Francisco-based HashiCorp (Nasdaq: HCP) is a leading player in the market that recently announced its quarterly results that outpaced market expectations.
>>>GitLab Relies on a Comprehensive DevOps Suite to Address Growth
According to a recent report, the Global DevOps Market is expected to grow 20% annually over the next few years from $37.2 million in 2030. DevOps platform provider GitLab (Nasdaq:GTLB) recently announced impressive second quarter results.
>>>Cloud Stocks: Analysis of Smartsheet’s Outfit Acquisition
According to a recent report, the global enterprise collaboration market is expected to grow 12% annually over the next few years to reach $101.7 billion by 2028. Smartsheet (Nasdaq: SMAR) recently announced its quarterly results that outpaced market expectations.
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