The stock market is going through very turbulent times. Redwood City-based Sumo Logic (NASDAQ: SUMO) recently announced impressive quarterly results, but the market turmoil did not help its stock price soar.
The global identity and access management market size is projected to grow at CAGR of 13.2% to $24.76 billion by 2026. Corporate identity management software company Okta (NASDAQ: OKTA) continues to expand its presence in the market through acquisitions.
The global Enterprise File Sharing and Synchronization market is expected to grow from $3.4 billion in 2020 at a CAGR of 21.6% to $13.8 billion by 2027. Dropbox (Nasdaq: DBX) recently announced its second quarter results that continued to outpace market expectations.
Online video conferencing player Zoom Video Communications (Nasdaq: ZM) continues to deliver stellar quarterly results. But recently, it had a big setback when its plans to acquire Five9 fell through.
Tax software provider Intuit (NASDAQ: INTU) recently announced its fourth-quarter earnings that surpassed market expectations. But the big news this quarter was Intuit’s entry into the email marketing space with the acquisition of Mailchimp, a bootstrapped jewel.
The global Corporate Learning Management System (LMS) market is estimated to grow at 19% CAGR from $13.38 billion in 2021 to $44.49 billion in 2028. Cornerstone OnDemand (Nasdaq: CSOD) recently reported its second quarter results that surpassed market expectations. But the big news was the announcement of its acquisition by a private equity player.
The global endpoint security market is expected to grow at a CAGR of 8% from $13.99 billion this year to $24.58 billion by 2028. CrowdStrike (NASDAQ: CRWD), a leader in the space, recently reported its second quarterly results.
The global e-learning market is expected to grow at 21% CAGR from $250 billion in 2020 to $1 trillion by the end of 2027. Coursera (NYSE: COUR) recently reported its quarterly results that show rapid growth as well.