According to a Transparency Market Research report, the worldwide market for email marketing is expected to grow at a CAGR of 19.6% from $4.51 billion in 2016 to $22.16 billion by the end of 2025. Mailchimp is a bootstrapped business that provides email marketing services targeting small businesses. >>>
According to a Research and Markets report, the global enterprise collaboration software market is estimated to grow at a CAGR of 11% from $31.7 billion in 2018 to $53.8 billion by 2023. Smartsheet (Nasdaq: SMAR), a leading player in the market recently announced its quarterly results that surpassed market expectations and sent the stock soaring to life high levels. >>>
Adobe (Nasdaq: ADBE) recently reported another stellar quarter that surpassed the market’s forecast. But the Street has come to expect a lot more from Adobe. Its outlook failed to impress the market and the stock fell 5% post result announcement. But Adobe continues to remain an impressive example of a turn-around done right as it continues to build its cloud, SaaS, and PaaS offerings.
You may have read some of my writings on Platform-as-a-Service (PaaS), for example, on our blog, LinkedIn, or SeekingAlpha:
At 1Mby1M, we’re putting significant emphasis on PaaS for our community of SaaS entrepreneurs, with the observation that both customer acquisition and exits would come more naturally if they work within certain eco-systems to which they have strategic relevance.
According to a Nasscom report, the Indian FinTech software market is expected to reach $2.4 billion by 2020. There are over 57 million micro and small enterprises in India. These enterprises are not just difficult to reach, but it is also difficult to gauge their creditworthiness. Aye Finance is a FinTech startup that is using technology to solve these challenges and provide loans to small businesses. >>>
According to a Market Research Engine report published earlier last year, the global internet domain name system market is expected to grow 13% annually through to 2024. GoDaddy (NYSE: GDDY), an internet domain marketplace focused on small businesses, professionals, and individuals, recently announced its fourth quarter results that surpassed market expectations.
Cloud-based enterprise planning services provider Anaplan (NYSE:PLAN) went public in October last year. For the few months that the stock has been listed, it has delivered robust growth. Last month, Anaplan announced its quarterly results that surpassed market expectations and sent the stock soaring.
According to IDC, the worldwide revenues for Big Data and business analytics are expected to grow 12% annually to $260 billion in 2022. The growth is expected to be driven by the banking, manufacturing, professional services, and government sectors. More than half of all revenues will be driven by IT and business services with services-related revenue being the fastest growing segment. Recently, big data platform Splunk (NASDAQ: SPLK) announced its fourth quarter results that surpassed market expectations.