Market stories - Page 1
Seismic reveals vision and roadmap for generative AI
Seismic has unveiled the company's vision for generative AI in enablement, including a high-level overview of its AI roadmap.
ICT spending expected to bounce back after a slow 2023
Worldwide spending on ICT is forecast to grow steadily through 2027 with a 5.7% CAGR, following a slightly slower 2023.
Denodo signs agreement with TPG Growth for $336M equity
"We see a tremendous opportunity to accelerate Denodo's expansion going forward. We are excited to partner with Angel and his management team on the next phase of their journey."
IBM welcomes two new distributors, Arrow Electronics and NEXTGEN
IBM has announced the appointment of two new value-added distributors to optimise existing routes to market and accelerate the growth of new technologies.
Data-centric security market growing at rapid rate - report
The size of the global market for data-centric security is anticipated to grow to US$39.348 billion by 2030, with a CAGR of 30.9% between 2021 and 2030.
IDC names Ricoh a leader in print, cites data-driven evolution
"Over the past 10+ years, Ricoh has evolved from a document-centric organisation focused on office equipment, document management, and related services, to a data-centric company."
Australian smartphone market hits decline, down 10.1%
The consumer demand remained subdued for most of 2Q23 but there was recovery in June as the end-of-financial-year sales lured consumers to attractive deals on smartphones.
Public cloud market booms, set to reach $1.35 trillion by 2027
Although annual spending growth is expected to slow slightly over the 2023-2027 forecast period, the market is forecast to achieve a five-year CAGR of 19.9%.
PC market finally on road to recovery - IDC report
The road to recovery for PCs has been challenging coming off explosive years in 2020 and 2021, but signs of growth are finally returning, IDC finds.
SnapLogic with world first Generative Integration Solution
SnapLogic, the generative integration platform, has announced the general availability of SnapGPT, the world's first generative integration solution.
Enterprise market applications to grow to $483.1bn by 2027
Nearly all this growth will come from ongoing investments in public cloud software, which is expected to represent more than two thirds of all enterprise applications revenue.
Telecom network infrastructure market expected to reach $176bn by 2033
The market is expanding due to the construction of more network towers, improved connectivity, and the reorganisation of telecom solutions.
Confluent launches partner program to empower real-time data capabilities
The program is designed to enable partners to bring fully managed data streams directly to their customers through native integrations with Confluent Cloud.
Weak demand and changing IT budgets causes drop in PC shipments
The overall weak demand has caused inventory levels to remain above normal for longer than expected. This includes finished systems at the channel level, as well as the supply chain.
Demand for communication tests and measurements on the rise - report
The communication test and measurement market is capturing a valuation of US$8.01 billion in 2023 and is predicted to reach US$17.78 billion by 2033.
Data backup and recovery market driven by challenges and innovations
The global market for data backup and recovery software was valued at US$9.5 billion in 2022, is anticipated to increase to US$17.5 billion by 2030.
Global computer graphics market to be US$464.2 million by 2033: FMI
The global computer graphics market is poised for substantial growth, by a steady CAGR of 8.3%, with projected revenues surpassing US$464.2 million by 2033.
Submarine optical fibre cables market to be US$67.8 billion by 2033: FMI
The global submarine optical fibre cable market's revenue is projected to increase from its current value of US$20.6 billion in 2023.
eSports and games streaming market to be US$8 billion by 2033: FMI
The global eSports and games streaming market is expected to grow by US$8 billion from 2023 to 2033, accelerating at a CAGR of 11.9%, according to FMI.
Resiliency and automation to drive Europe’s software market: IDC
According to the IDC, demand for improved resiliency and automation will drive the European software market growth until 2027.
Computational fluid dynamics market continues to expand - FMI
According to a new report from Future Market Insights, the worldwide computational fluid dynamics (CFD) market is expected to be worth US$ 2,447 million in 2023.
VIPRE extends partner support with new Microsoft campaign
By joining the VIPRE Partner Community, businesses can take advantage of a solution covering each element of the PPT framework to provide a robust solution within the cybersecurity marketplace.
Military communications market to be US$116.96 billion by 2033: FMI
The military communications market is valued at US$ 43.09 billion in 2023, and with a CAGR of 10.5% through 2033, it is predicted to reach US$116.96 billion.
FMI investigates quickly growing eCommerce logistics market
FMI has found the market is predicted to reach US$626.23 billion in 2023. It's anticipated to develop at a CAGR of 17.8%, reaching US$3221.36 billion by 2033.