The global customer experience management market is expected to grow at 15.5% CAGR to $27.12 billion by 2028. CX leader Qualtrics (NYSE: XM) recently acquired Clarabridge, a leader in conversational analytics, for $1.125 billion.
The global Buy Now, Pay Later market is expected to grow at 22% CAGR to $20.4 billion by 2028 driven by the improvements in platforms, such as convenient and interest-free payments especially when shopping online. Affirm (NASDAQ: AFRM) is a leading player in the market that went public early this year.
The global digital remittance market is expected to grow at 13% CAGR to reach $42.46 billion by 2028. Seattle-based Remitly (NASDAQ: RELY) is a leading player in the market that recently went public amid tumultuous market conditions.
The low-code industry is estimated to grow from $13.2 billion to $187 billion by 2030. Reston, Virginia-based Appian (NASDAQ: APPN) recently announced its quarterly results as it continues to consolidate within the space.
The global enterprise collaboration market is estimated to grow 9% from $29.45 billion in 2020 to $53.3 billion by 2028. San Francisco-based Asana (NYSE:ASAN) recently announced stellar quarterly results.
The Enterprise Search market is expected to grow at 13.6% to reach $6.8 billion by 2026. Elastic, (NYSE: ESTC) a leading player in the open-source Big Data search sector recently reported results that surpassed market expectations.
The global IoT market is expected to grow to $1.386 trillion by 2026 from $761.4 billion in 2020, at a CAGR of 10.5%. China’s Tuya (NYSE: TUYA), which has pioneered a purpose-built IoT cloud platform, went public earlier this year and continues to expand its presence in the market through partnerships. The recent semiconductor shortage
The global application performance monitoring (APM) market is expected to grow at 11% CAGR to reach $15.4 billion by 2028. Dynatrace (NYSE: DT), a leading player in the market, is looking to expand its presence in the market through acquisitions.