Compound Annual Growth Rate (CAGR) stories - Page 4
Eco-digital economy set to hit $33tn by 2028, new report reveals
Thu, 25th Jan 2024
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digital transformation
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edge computing
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genai
The eco-digital economy, marrying sustainability with digital progression, is set to swell from $16.6tn to around $33tn by 2028, a 15% CAGR, says a Capgemini/Harvard report.
HFCL secures INR 623 crore order for Indian-made 5G gear
Wed, 24th Jan 2024
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analyst report
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cagr
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revenue
HFCL Limited has inked a milestone INR 623 crore deal for the supply of indigenously-made 5G networking gear, making it the first Indian company to secure such a large order.
Mashreq & Fils pair up for corporate carbon offsetting service
Tue, 23rd Jan 2024
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fintech
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cleantech
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sustainability
Mashreq and UAE fintech, Fils, collaborate to launch a blockchain-based, carbon offsetting service to counter 'greenwashing'.
Colt Technology appoints Yasutaka Mizutani as APAC president
Thu, 11th Jan 2024
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partner programmes
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ai
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cmo
Colt Technology Services positions Yasutaka Mizutani as its Asia Pacific President, in a move to intensify the UK-based executive's responsibility over the company's operations in Asia.
Hardware security modules market set to double by 2028
Tue, 9th Jan 2024
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encryption
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martech
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software development
The global HSMs market is set to rise from $1.2bn in 2023 to $2.3bn by 2028, driven by growing cyber threats, data security needs and digital transactions.
Asia-Pacific Data Centre Association officially launches
Mon, 8th Jan 2024
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hyperscale
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iot
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dc
The Asia-Pacific Data Centre Association (APDCA), the first of its kind in the region, launched today to unite data centre industry interests and promote supportive regulations, amid rising demand for digital services.
Marketing analytics software sector riding high on AI & ML adoption
Thu, 4th Jan 2024
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digital transformation
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risk & compliance
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data privacy
The global marketing analytics market is bolstered by increased adoption across sectors such as retail and manufacturing for improved AI and ML processes.
Hyperscale cloud market projected to hit $3.4tn by 2034
Tue, 2nd Jan 2024
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digital transformation
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edge computing
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ai
The hyperscale cloud market is predicted to reach a monumental $3.4tn by 2034, driven by digital transformation initiatives worldwide.
Global modular data centres market to reach $81.2bn by 2030
Tue, 2nd Jan 2024
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virtualisation
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network infrastructure
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data analytics
The global modular data centres market is anticipated to surge to USD$81.2bn by 2030, due to efficiency and flexibility, says Research and Markets report.
SIAM market set to increase from $4.8bn to $6bn by 2028
Tue, 2nd Jan 2024
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digital transformation
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cx
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martech
The global Service Integration and Management market is set to grow to $6 billion by 2028, driven by large enterprises and the manufacturing sector.
Demand for Microsoft Dynamics set to triple by 2033
Tue, 2nd Jan 2024
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crm
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data analytics
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digital transformation
The Microsoft Dynamics market is expected to triple in value due to rising demand for its productivity-boosting software solutions.
Growing cyber crime rate boosts next-gen firewall market growth
Mon, 1st Jan 2024
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firewalls
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hyperscale
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public cloud
Due to rising cyber crime, the next-gen firewall market is projected to grow at a CAGR of 10.48% between 2021 and 2028, per a Knowledge Sourcing Intelligence study.
Global smart TV shipments expected to drop in 2023, IDC reveals
Fri, 29th Dec 2023
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cleantech
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samsung
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amazon
Global smart TV shipments are expected to decrease by 5.5% in 2023, with zero growth in 2024, according to the IDC, amid economic challenges and consumer demand shifts. However, the Indian market bucks this trend showing robust growth.
UNICOM expands immersion-ready servers in partnership with Intel and Dell
Fri, 29th Dec 2023
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network infrastructure
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supply chain & logistics
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ai
UNICOM Engineering advances technological horizons with an expanded portfolio of immersion-ready servers.
Content protection market to grow by $1 billion by 2028
Thu, 28th Dec 2023
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advanced persistent threat protection
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cybersecurity
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technavio
The surge in market growth is propelled by several strategies and technologies safeguarding digital content, according to a new report from Technavio.
Global GenAI investment to surge to $151.1 billion by 2027, says IDC
Thu, 28th Dec 2023
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genai
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ai
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personal computing devices
Worldwide investment in GenAI set to soar, reaching a predicted $151.1bn by 2027 according to IDC.
5G MVNO market projected to reach $132 billion by 2029
Thu, 28th Dec 2023
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digitisation
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bandwidth
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investment
5G MVNO market forecasted to reach $132.03bn by 2029, harnessing 5G technology without the need for physical infrastructure.
ServiceNow to acquire task mining firm UltimateSuite for AI boost
Thu, 21st Dec 2023
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it automation
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rpa
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customers
ServiceNow is set to acquire task mining firm UltimateSuite to bolster its AI capabilities and enhance process mining.
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Indosat acquires MNC Play customer assets to expand FTTH business
Mon, 4th Dec 2023
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digital transformation
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ftth
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cagr
Indosat Ooredoo Hutchison boosts its Fiber-to-the-home enterprise by acquiring PT MNC Kabel Mediacom customer assets.
Access4 names Virtual IT Group as its Diamond++ Partner in Australia
Mon, 4th Dec 2023
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uc
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partner programmes
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voip
UCaaS provider Access4 has crowned Virtual IT Group as its Diamond++ Partner in Australia, following VITG's strategic acquisitions.