According to Technavio, the global used car market is projected to grow at a CAGR of more than 7% to reach 128.4 million units by 2021. The used car market in the mature EMEA market is projected to reach 36.03 million units by 2021 driven by the increasing aging population and rising fuel prices. AUTO1
It has been a year since Billion Dollar Unicorn Coupa (Nasdaq: COUP) listed successfully on the stock exchange. However, its stock soon tumbled on concerns of continuing losses. It has since recovered.
According to a joint study by the global Boston Consulting Group (BCG) and Facebook, the online fashion market is currently worth about $4 billion or 5% of the Indian fashion retail industry. By 2020, about $30 billion of the Indian fashion industry is expected to be digitally influenced. Yepme is an online fashion player looking to make
According to iResearch, China’s online education market is projected to grow to $40 billion in 2019 from $23.5 billion in 2016. Riding this wave are China’s leading Internet giants Baidu, Alibaba Group Holding, and Tencent, who have invested heavily in online education. A beneficiary of this interest is Yuanfudao, which early this year became the
Market reports expect the global online retail services to grow double in the next three years from $1.9 trillion in 2016 to more than $4 trillion in 2020. UK-based Farfetch is a Billion Dollar Unicorn player in the industry that now appears to be gearing up to go public.
According to consulting firm RedSeer, mobile phones and fashion accounted for about 68% of the overall gross sales by e-commerce firms in India in 2016 while furniture accounted for about 1%. Online furniture marketplace Pepperfry is a leading player and one of the most funded startups in the sector.
According to a MarketsandMarkets report, the global cyber security market is expected to grow 11% annually over the next five years to $231.9 billion from $137.85 billion in 2017. Recent cyber attack reports such as the Equifax breach have increased interest in the segment. Billion Dollar Unicorn club member Cybereason is already benefiting from the increasing
According to a recent Gartner report, global enterprises are transforming their security spending strategy by moving away from prevention-only approaches to more detection and response-related ones. Gartner believes that the global spending on information security will grow 7.6% in 2017 to $90 billion and predicts this market to grow to more than $113 billion by