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Technology Stocks
Global Data Privacy Regulations Help Spur Collibra’s Growth
The global data governance market is expected to grow from $2.1 billion in 2020 to $5.7 billion by 2025 at a CAGR of over 22%. Government regulations around the globe are ensuring that stricter regulations are put in place to govern how data is stored and utilized across organizations. This has helped companies like Collibra establish their presence.
>>>Cloud Stocks: SurveyMonkey Investing in AI and ML Tools
According to a recent Tech Navio report, the global online survey software market is projected to grow at 9% CAGR during 2020-2024 driven by the adoption of online survey tools by the SMB segment. SurveyMonkey (Nasdaq: SVMK) recently reported its first quarter results that surpassed all market expectations. The company is expanding its AI and machine learning solutions to drive growth.
>>>Cloud Stocks: Qualys Expands Endpoint Security Offerings
According to a Markets and Markets report, the global cloud security market is projected to grow at 15% CAGR from $34.5 billion in 2020 to reach $68.5 billion by 2025. Cloud services security provider Qualys (Nasdaq: QLYS) recently announced its first quarter results that surpassed market expectations. The cyber consulting company continues to add product upgrades and partners to expand its market reach.
>>>Cloud Stocks: Alteryx Focuses on the User and Partner Community
According to a Markets and Markets report, the global data science platform market is expected to grow from 30% annually over the next few years to become a $140.9 billion industry by 2024. The market was estimated at $37.9 billion in 2019. Data science and analytics platform provider Alteryx’s (NYSE: AYX) recently announced its stellar quarterly results. The company continues to add to its partner portfolio to drive market expansion.
>>>Cloud Stocks: Amazon’s Ad Revenue on the Rise
Tech giant Amazon (NASDAQ: AMZN) recently reported its quarterly results that surpassed all market expectations. The company is seeing stellar growth within the e-commerce business driven by the global lockdown conditions. But it is not just e-commerce. Amazon continued to upgrade its products and services across the board and is seeing strong market performance across all categories.
>>>Coursera Expands Its Course Content Library
According to recent research, the global e-learning market is estimated to grow from $144 billion in 2019 to $374.3 billion by 2026 at a CAGR of 15%. The current pandemic conditions have also accelerated the demand for online learning courses from educational institutions as well as other organizations. Earlier this year Coursera (NYSE: COUR) listed on the stock exchange. It recently announced its first set of results since it went public.
>>>Facebook Focuses on Audio Capabilities
Earlier this month, Facebook (Nasdaq: FB) announced its first quarter results that surpassed market expectations. The company is focusing on developing its audio services to target the growing competition from other social media players like TikTok and Clubhouse.
>>>Cloud Stocks: Analysis of Microsoft’s Acquisition of Nuance
Earlier last week, Microsoft (Nasdaq: MSFT) announced its third quarter results that continued to outpace market expectations. Last month, Microsoft announced another big acquisition, this time within the Healthcare segment, to expand its presence in a $500 billion market.
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