According to a recent report, the global big data market is estimated to grow from $138.9 billion in 2020 to $229.4 billion by 2025 at 10.6% CAGR. Redwood City-based Sumo Logic (NASDAQ: SUMO) is a leading structured and unstructured data services provider that continues to expand services through acquisitions.
>>>According to a recent report, the global enterprise search market is expected to grow at 11% CAGR to $8 billion by 2027 from $3.8 billion in 2020. Elastic (NYSE: ESTC) is a leading player in the open source Big Data search sector that is seeing strong growth as well.
>>>According to a recent report, the global data warehouse as a service market is estimated to grow at a CAGR of 20% from $1.44 billion in 2020 to reach $4.3 billion by 2026. The growth is driven by the organization’s demand to understand the available information regarding business processes, products, customers and leverage this information to expand addressable business opportunities. San Mateo-based Snowflake (NYSE:SNOW) is a leading data warehouse solution provider that recently announced its quarterly results.
>>>As more and more people access organization networks through their own devices and through remote locations due to the pandemic conditions, the need for endpoint security has increased. According to a recent report, the global endpoint security market is estimated to grow at CAGR 7% from $13.77 billion in 2020 to $23 billion by 2027. CrowdStrike (NASDAQ: CRWD) recently reported its quarterly results that continue to outpace market expectations.
>>>Adobe (NASDAQ: ADBE) recently reported its quarterly results that continued to outpace market expectations. The company entered into several partnerships during the year to drive end customer satisfaction across both private and government sectors.
>>>According to a recent Allied Market Research report, the global big data and business analytics market is estimated to grow at a CAGR of 11% to $420.98 billion by 2027. Mountain View-based Treasure Data is a leading player in the market that has had a few ownership changes over the past few years.
>>>Emergency notifications provider Everbridge (Nasdaq: EVBG) recently announced its first-quarter results that surpassed market expectations. The company continues to invest in acquisitions and partnerships to expand its market presence.
>>>E-commerce platform BigCommerce (Nasdaq: BIGC) continued to deliver strong results for the quarter. The company is counting on expanding its partnerships and platform capabilities to make bigger inroads into the market.
>>>According to a recent market report, the total spend management software market is estimated to grow at 18% CAGR over to reach $4 billion by 2027. San Mateo-based Coupa (Nasdaq: COUP) is leveraging partnerships and product upgrades to make a bigger impact in this market.
>>>According to an IDC report, the global revenues for the artificial intelligence (AI) market, including software, hardware, and services, are estimated to grow 16% in 2021 to $327.5 billion. The market is expected to grow at a CAGR of 17% to over $550 billion by 2024. Tom Siebel’s C3.ai (NYSE: AI) is capturing this high-growth market through partnerships and product innovation.
>>>