Compound Annual Growth Rate (CAGR) stories - Page 2
![Story image](../../../../../uploads/story/2024/06/06/preview_img-RisHnRSWKzr0bMsYCZgvYLpT.webp)
IoT logistics market to reach USD $125.9 billion by 2031
Thu, 6th Jun 2024
#
cx
#
martech
#
drones
The IoT logistics market is forecast to soar, reaching USD $125.9 billion by 2031, driven by advancements in real-time tracking, predictive maintenance, and supply chain optimisation.
![Story image](../../../../../uploads/story/2024/06/06/preview_mugshot.webp)
Neat launches Neat Center in Australia & New Zealand
Thu, 6th Jun 2024
#
ai
#
hybrid & remote work
#
dicker data
Norwegian firm Neat launches its Neat Center in Australia and New Zealand, as hybrid work fuels demand for advanced video conferencing tech priced at USD $2,290.
![Story image](../../../../../uploads/story/2024/06/06/preview_img-oWiVPmoKctf7YYWPyi3gIzna.webp)
Colt announces expansion strategy into six new Asian markets
Thu, 6th Jun 2024
#
sd-wan
#
network infrastructure
#
hyperscale
Colt Technology Services is set to invest EUR €100 million to expand into six Asian markets, aimed at boosting digital infrastructure and cloud adoption in the APAC region.
![Story image](../../../../../uploads/story/2024/05/29/preview_img-hvLY4g1ptnjNrHn8wbmVI9VQ.webp)
AI in media & entertainment market to reach USD $51.37 billion
Wed, 29th May 2024
#
data analytics
#
digital transformation
#
digital entertainment
The artificial intelligence in media and entertainment market is set to rise from USD $10.24 billion in 2024 to USD $51.37 billion by 2034, driven by a 17.5% CAGR.
![Story image](../../../../../uploads/story/2024/05/29/preview_img-KcDgZEgkGn3ceRmtkulPPBRx.webp)
AI smartphones set to transform mobile industry by 2028
Wed, 29th May 2024
#
smartphones
#
data privacy
#
personal computing devices
AI-capable smartphones are set to transform the mobile industry, with 54% expected to integrate AI by 2028, driving new competitive and revenue strategies.
![Story image](../../../../../uploads/story/2024/05/28/preview_img-sLYtepTq9rZbn9VTpjC1niYx.webp)
Westcon-Comstor reports 8% revenue rise to USD $3.69 billion
Tue, 28th May 2024
#
cybersecurity
#
distributors
#
financial results
Westcon-Comstor reports an 8% revenue increase to USD $3.69 billion for FY24, driven by recurring revenues and growth in cybersecurity and networking sectors.
![Story image](../../../../../uploads/story/2024/05/21/preview_img-EYPgyzcInaQEbNeA2Yd0kssu.webp)
Australia leads Asia Pacific in AI innovation & growth
Tue, 21st May 2024
#
datacentre infrastructure
#
ai
#
intel
Australia’s AI innovation surpasses Asia Pacific, buoyed by strong tech infrastructure and initiatives like the brain-scale supercomputer DeepSouth.
![Story image](../../../../../uploads/story/2024/05/19/preview_img-oREVF9jn1baBUUOoaBYz4wkU.webp)
Unified communications market to expand to USD $187.6 billion by 2031
Tue, 21st May 2024
#
uc
#
digital transformation
#
cybersecurity
New research reveals the global unified communications market will soar from USD $48.1B in 2021 to USD $187.6B by 2031, driven by digital transformation and remote work trends.
![Story image](../../../../../uploads/story/2024/05/17/preview_img-CbvquGhfOAQoyHnTs1mscZsr.webp)
AI set to revolutionise the pharma & biotech industries
Fri, 17th May 2024
#
data analytics
#
data privacy
#
ai
A new report forecasts AI in pharma and biotech markets to surge from US$ 1.8 billion in 2023 to US$ 13.1 billion by 2034, driven by an 18.8% CAGR.
![Story image](../../../../../uploads/story/2024/05/16/preview_img-E7CVKGShSh7BxH7x2ZkEDTIt.webp)
Digital last-mile platform market forecast to reach $21.7B
Thu, 16th May 2024
#
supply chain systems
#
services
#
on-premise
The Digital Last-Mile Platform Market is set to soar, growing from $6.4 Bn in 2022 to an estimated $21.7 Bn by 2031, driven by eCommerce expansion.
![Story image](../../../../../uploads/story/2024/05/01/preview_img-kdtDx5pNATgudhq9wWeyvbZ1.webp)
Network access control market predict strong growth by 2032
Wed, 1st May 2024
#
network infrastructure
#
casb
#
extreme networks
DataHorizzon Research predicts a surge in the Network Access Control Market from USD $2.9 billion in 2023 to USD $14.5 billion by 2032, fuelled by rising cybercrime and increasing network security concerns.
![Story image](../../../../../uploads/story/2024/04/22/preview_img-ieDQuBFq6nReZiOzOej5Mw6h.webp)
Chatbot market set to surge to $4.9 billion by 2033 says FMI
Mon, 22nd Apr 2024
#
cx
#
uc
#
martech
Chatbot market set to surge, projecting USD $4.9 billion growth by 2033, fuelled by customer engagement focus and widespread industrial adoption.
![Story image](../../../../../uploads/story/2024/04/17/preview_img-hMLGrXfhXKUD0WagtgEI6Aj0.webp)
Cellular IoT module market set to rebound in 2024 after 2023 dip
Wed, 17th Apr 2024
#
edge computing
#
iot
#
analyst report
Despite a 16% drop in cellular IoT module and chipset shipments in 2023, the market is expected to recover by 2024, driven by rising uptake of AI-enabled cellular IoT modules, finds a new report.
![Story image](../../../../../uploads/story/2024/04/16/preview_img-jLarUXHW3P7OCOjJLZJGE1Xe.webp)
Sapro-Tech forms strategic partnership with top NZ fashion firms
Tue, 16th Apr 2024
#
cleantech
#
climate change
#
sustainability
NZ firm Sapro-Tech forms strategic alliances with leading fashion brands SABEN, taylor, Velvet Heartbeat, and YY NATION, promoting sustainable materials derived from fungi.
![Story image](../../../../../uploads/story/2024/04/15/preview_img-ZAamyMj9hVwsP61GI6qNECuf.webp)
Exclusive: How Fluent Commerce is shaking up the OMS industry
Mon, 15th Apr 2024
#
martech
#
commerce systems
#
ai
In an exclusive, Fluent Commerce's Chief Strategy Officer, Jamie Cairns, illuminates how the Australian firm is revolutionising how global businesses manage orders and inventory.
![Story image](../../../../../uploads/story/2024/04/15/preview_img-zEuGidflIljhWWPJvNsiiCXL.webp)
5G services market projected to exceed $919.4bn by 2031
Mon, 15th Apr 2024
#
uc
#
network infrastructure
#
smart cities
The global 5G services market set to skyrocket beyond USD 919.4bn by 2031, boasting an impressive CAGR of 30.8% and transforming the digital landscape.
![Story image](../../../../../uploads/story/2024/04/05/preview_img-KRB0J9f8L4P7UWokaP1admnS.webp)
Electronic Design Automation software market to hit $11.2bn
Fri, 5th Apr 2024
#
smartphones
#
microsemi
#
wearables
Global Electronic Design Automation software market expected to exceed US$11.2bn due to increased adoption of IoT devices.
![Story image](../../../../../uploads/story/2024/04/05/preview_img-O8YNN3iFLks6wOULH50VFHhf.webp)
Gigamon holds 63% share in booming deep observability market
Fri, 5th Apr 2024
#
advanced persistent threat protection
#
breach prevention
#
cyber threats
Gigamon leads the deep observability market, accounting for a 63% share and 61% growth in 2023, thanks to its network monitoring pipeline.
![Story image](../../../../../uploads/story/2024/04/04/preview_img-QItiZz9CU9g1aKd0HkuguSja.webp)
Data centre chip market to surge, aims for $23.8bn by 2032
Thu, 4th Apr 2024
#
power / energy
#
ai
#
ml
The data centre chip market is set for an 8.1% CAGR between 2022 and 2032, driven by increasing data generation and the need for efficient processing.
![Story image](../../../../../uploads/story/2024/04/03/preview_img-X9bkh95GoGiGqnV0FkYmUpyI.webp)
Data centre containment solutions market to hit $3.17bn
Wed, 3rd Apr 2024
#
datacentre infrastructure
#
data analytics
#
hyperscale
Global data centre containment solutions market forecasted to surge to $3.17bn by 2034 due to increased investments by large corporations.