According to a Energias Market Research report, the global ride-sharing market is estimated to grow 16% annually over the next few years to become a $148.7 billion industry by 2024 driven by the continuing penetration of smartphones. While Uber remains the leader in the global market, there are several regional players that are giving Uber a tough run for its money within their countries. One such player is Israel-based Billion Dollar Unicorn Gett.
According to a MarketsandMarkets report published earlier this year, the global market for low-code development platform is estimated to grow from $4.3 billion in 2017 to $27.23 billion by 2022. That translates to an annualized growth rate of nearly 45% over the next few years. OutSystems has been a long-term player in this market. But it is only recently that it entered the Billion Dollar Unicorn club.
According to a Grand View Research report published recently, the global Robotic Process Automation (RPA) market is expected to grow at 31% from $357.5 million in 2017 to $3.11 billion by 2025. A more optimistic report published by Global Markets Insights expects the industry to grow to $5 billion by 2024. Billion Dollar Unicorn Automation Anywhere is basking in the industry’s growth right now as it continues to see valuation and interest in the company skyrocket.
In September this year, OYO Rooms checked into the Billion Dollar Unicorn club with a massive funding of $1 billion from Softbank and other investors. It is now the second most valuable startup after Paytm. >>>
According to an iResearch report published earlier this year, an increasing number of customers in China are shifting to an Online-to-Offline (O2O) model for their daily needs. The Gross Merchandise Value of local lifestyle service O2O in China grew nearly 50% in 2017 to over a trillion Yuan (~$158 billion) driven by the increasing adoption of smart phones, mobile payment services and the emergence of newer products and services within the O2O model. One such player is Luckin Coffee, China’s latest entry into the Billion Dollar Unicorn club.
According to a recent report on the global DSP (Demand-Side Platform) market, the industry is estimated to grow 31% annually to $50.5 billion the year 2025 from $5.7 billion in 2017. Billion Dollar Unicorn club member MediaMath is a rapidly growing member in the space.
According to IDC, the global enterprise storage systems market increased 21.3% over the year to $13.2 billion during the second quarter of 2018. The market is dominated by bigger established players such as Dell with 19% and HPE with 17% share. Billion Dollar Unicorn Cohesity is a small but emerging player in the space.
According to a recent report published by Market Research Future, the global server virtualization market is estimated to grow 7% annually through to the year 2023. Another report published by Computer Profile last year pegs VMware (NYSE:VMW) as the market leader with over 75% market share, with Microsoft at a distant second with 17% market share. VMware has been in the news recently due to Dell’s interest in the organization. But first, the financials.