According to recent reports, the global credit card payments market is projected to grow at 9% CAGR from $138.43 billion in 2020 to reach $263.47 billion by 2028. The growth in the industry is attributed to the increasing demand for cash alternatives and availability of affordable credit cards across the globe. Marqeta (Nasdaq: MQ) is
The global identity and access management (IAM) market is expected to grow at 14% CAGR to reach $25.6 billion by 2027 from $13.4 billion this year. San Francisco-based ForgeRock (NYSE: FORG), a key player in the industry, is leveraging AI capabilities to target this market.
According to a recent report, the global internet of things (IoT) market is projected to grow 26% annually from $478.36 billion in 2022 to $2,465.26 billion by 2029. San Francisco-based Samsara (NYSE: IOT) is a leading player in the market that went public last year.
The intelligent process automation market is expected to grow at 13% CAGR from $10.81 billion in 2021 to $31.4 billion by 2030. New York-based robotic automation company UiPath (NYSE: PATH) recently announced its first quarter results that continue to outpace market expectations.
The US restaurant POS market was valued at $4.56 billion in 2020 and is expected to grow at 6.4% CAGR from 2021 through 2028. Analysts believe that the industry will see growth of mobile and self-service kiosk segments as companies shift to more affordable options. Boston-based Toast (NYSE: TOST) is hoping to address this demand
The global Enterprise Collaboration Market size is expected to grow at 13% CAGR from $47.2 billion in 2021 to $85.8 billion by 2026. Smartsheet (Nasdaq: SMAR) continues to benefit from this high growth trend.
According to a recent report, the global video conferencing market is estimated to grow at 11% CAGR from $6.9 billion in 2022 to $14.6 billion by 2029. Online video conferencing player Zoom Video Communications (Nasdaq: ZM) meanwhile continues to try to diversify its offerings beyond video conferencing to enter the contact center market. After a
Adobe (NASDAQ: ADBE) recently reported its quarterly results that continued to outpace market expectations. The company is driving growth by focusing on creative products and catering to the emerging demands of content needed for videos and the metaverse.