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 is an area of concern, but Tuya appears to be prepared to handle it.
>>>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.
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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.
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