Compound Annual Growth Rate (CAGR) stories
Cloud contact centre market grows, driven by demand for customer engagement
Last week
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digital transformation
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hyperscale
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cx
The global cloud contact centre market is set to soar to USD $26,846.9 million by 2024, driven by increasing demand for scalable customer engagement solutions.
Edge AI market to hit USD $71 billion by 2034, report says
This month
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uc
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smart cities
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iot
The global Edge AI market is set to soar to USD $71.1 billion by 2034, fuelled by advances in IoT, 5G, and a demand for energy-efficient technologies.
Industrial cybersecurity market to double by 2033
This month
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firewalls
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data analytics
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network security
The industrial cybersecurity market is set to grow at 7.8% CAGR, reaching USD $46.96 billion by 2033, driven by IoT and cloud security adoption.
Colt expands Sydney network, boosting connectivity options
This month
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network infrastructure
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data analytics
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sd-wan
Colt Technology Services plans a major network expansion in Sydney, integrating over 250 buildings and 20 data centres with connectivity up to 400Gbps.
Industrial software market to reach USD $355 billion by 2030
This month
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saas
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it in manufacturing
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genai
The global industrial software market is set to surge from USD $146 billion in 2023 to USD $355 billion by 2030, driven by cloud and AI innovations.
Global cellular IoT connections exceed 4 billion in 2024
Last month
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smart cities
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iot
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industrial iot
The global cellular IoT market surpassed 4 billion connections in 2024, fuelled by advancements in 5G and LTE Cat 1 bis technologies.
India's data centre capacity to grow 66% by 2026: JLL
Last month
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ai
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jll
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real estate
India's data centre capacity is set to soar by 66% by 2026, with an addition of 604 MW, driven by AI advancements and extensive 5G rollout.
Genetec secures second spot in global access control market
Last month
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firewalls
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hybrid cloud
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network security
Genetec has secured the number two position in the global access control market, showcasing a strong 28% growth rate over six years, says Omdia.
The accelerating data centre boom in Southeast Asia: Are you Prepared?
Last month
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digital transformation
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genai
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ai
Southeast Asia's data centre sector is booming, driven by AI growth and projected to expand by 10-28% over the next five years, according to research.
Transmit Security leads in account takeover prevention
Fri, 25th Oct 2024
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digital transformation
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genai
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ai
Transmit Security has been named a leader in account takeover fraud prevention, as the market for these solutions is set to grow significantly by 2028.
Orca Security expands into ANZ with Wavelink partnership
Mon, 21st Oct 2024
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cloud security
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advanced persistent threat protection
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cybersecurity
Orca Security is expanding into Australia and New Zealand, partnering with Wavelink and relocating co-founder Avi Shua to bolster cloud security solutions.
Software defined data centre market to hit USD $1.49tn
Thu, 17th Oct 2024
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uc
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iot
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it automation
The global software defined data centre market is set to reach USD $1.49 trillion by 2036, driven by advancements and rising data centre demands.
Gamified healthcare apps market set to hit USD $31 billion
Fri, 4th Oct 2024
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smartphones
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wearables
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ai
The gamified healthcare app market is predicted to soar to USD $31 billion by 2034, bolstered by rising chronic disease incidences.
Capmont Technology launches €100m fund for B2B tech startups
Wed, 2nd Oct 2024
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robots
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iot
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cybersecurity
Capmont Technology unveils a €100 million fund to invest in B2B tech startups, boosting its total funding to €300 million.
Westcon-Comstor adds Stratus to vendor list, boosts IoT division
Fri, 27th Sep 2024
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smartphones
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firewalls
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digital transformation
Westcon-Comstor expands its IoT portfolio by partnering with Stratus Technologies to offer advanced edge computing solutions across EMEA, targeting digital transformation.
Industrial DataOps set to revolutionise digital transformation
Fri, 27th Sep 2024
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digital transformation
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software
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productivity
IoT Analytics reveals that Industrial DataOps is crucial for overcoming digital transformation hurdles, projecting the industrial connectivity market to grow from USD $89 billion in 2023 to USD $104 billion by 2028.
Jitterbit unveils AI-infused App Builder 4.0 during Coding Week
Thu, 26th Sep 2024
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low-code
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ai
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software development
Jitterbit launches AI-powered App Builder 4.0 during National Coding Week, promising faster, more intuitive low-code app development for all skill levels.
Private 5G connections to grow 65.4% annually until 2030
Thu, 19th Sep 2024
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uc
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iot security
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iot
Private 5G connections are set to soar with a 65.4% annual growth until 2030, driven by security needs and industrial demand, reports IoT Analytics.
Forrester's 2025 predictions reveal mixed trends in AI & tech
Wed, 11th Sep 2024
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digital transformation
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aiops
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ai
Forrester's 2025 Predictions reports forecast AI and tech trends, highlighting AI investment pitfalls and increased AIOps adoption to manage tech debt.
Integrity360 acquires Grove to expand global cyber security presence
Thu, 29th Aug 2024
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soc
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ai security
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edr
Integrity360 has acquired South Africa-based cyber security firm Grove Group, boosting its global reach and expanding its service capabilities. Financial terms undisclosed.