Market Growth stories - Page 10

Only 23% of consumers in the US, UK and China have used eSIMs, though 49% are open to travel eSIMs once informed, showing strong growth potential.

The data diode market is set to nearly double to USD $919.29 million by 2034, driven by rising cyber threats and regulatory demands across sectors.

The satellite IoT market is set to grow at a 26% CAGR to reach USD $4.7 billion by 2030, driven by tech advances and rising demand for remote connectivity.

GigaDevice has opened its global headquarters in Singapore to boost its semiconductor market growth and strengthen global customer and supply chain ties.

ABBYY unveils Document AI API, a developer-friendly tool to convert unstructured business documents into accurate data, boosting automation in workflows.

Ampverse Group has launched Pixel, a new division aimed at enhancing gaming communities and connecting brands in Southeast Asia and the Gulf States.

Federal Express has strengthened its Asia Pacific leadership team by appointing three senior executives, aiming to enhance customer solutions and market growth.

Cyber risk management provider KYND has strengthened its leadership team, appointing Nadji Raib and Jeff Foley to drive growth across EMEA and the US.

Varonis Systems has acquired Cyral, enhancing data security capabilities amid a projected USD $225 billion database market boom by 2028.

The Trusted Connectivity Alliance reports eSIM shipments surpassed 503 million in 2024, marking a 35% rise, driven by strong consumer demand and new devices.

The generative AI market soared to USD $25.6 billion in 2024, driven by rapid tech adoption and dominated by key players like NVIDIA and Microsoft.

Okta has exceeded USD $1 billion in sales through the AWS Marketplace, as its fourth-quarter revenue rises 13% to USD $682 million, showcasing robust growth.

CrowdStrike has become the first cloud-native cybersecurity vendor to surpass USD $1 billion in annual sales via AWS Marketplace, highlighting its rapid growth.

UK tech firms are seizing opportunities in Japan, South Korea, and Taiwan's booming cybersecurity markets, projected to reach GBP £6.2 billion by 2027.

Barracuda Networks has appointed Peter Alexander as Chief Marketing Officer to lead its market growth strategy and enhance cybersecurity solutions amid rising demand.

Agentic AI is set to revolutionise telecom networks, enabling them to operate with minimal human intervention and paving the way for fully autonomous operations.

CapitaLand is investing over USD $700 million in a new data centre in Osaka, Japan, expanding its portfolio to meet rising digital demand.

As the complexities of corporate IT environments expand, cybersecurity experts warn that organisations must effectively identify their attack surface to enhance protection.

The global clickstream analytics market is set to expand from USD $1.71 billion in 2025 to USD $4.84 billion by 2033, driven by rising eCommerce and smart analytics.

The HR software market is projected to grow from USD $20.16 billion in 2024 to USD $30 billion by 2032, driven by demand for innovative, cloud-based solutions.