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Compound Annual Growth Rate (CAGR) stories

FMI states IoT device management market to grow at CAGR of 24.4%
Internet of Things

FMI states IoT device management market to grow at CAGR of 24.4%

Sales are expected to be driven by the development of IoT networks and systems, concerns regarding network security and the need to track health.

By Catherine Knowles • 4 min read • Fri, 23rd Dec 2022
33% CAGR growth in 5G defence sales: Future Market Insights
Unified Communications

33% CAGR growth in 5G defence sales: Future Market Insights

According to a recently published Future Market Insights report, the 5G in defence market revenue is estimated at US$ 213.5 million in 2022.

By Gaurav Sharma • 3 min read • Fri, 11th Nov 2022
Gaming gadgets market is predicted to grow at 8.2% CAGR through 2032
Gaming

Gaming gadgets market is predicted to grow at 8.2% CAGR through 2032

The gaming gadgets industry is predicted to be worth US$71.30 billion by 2022 and US$156.7 billion by 2032, according to FMI.

By Nadine Rogers • 3 min read • Tue, 18th Oct 2022
Education IoT market to be valued at US$11.3 billion by 2023
EduTech

Education IoT market to be valued at US$11.3 billion by 2023

The IoT in education market is set to soar to USD $11.3 billion by 2023, driven by eLearning adoption and connected devices, despite security concerns.

By Staff Writer • 2 min read • Mon, 4th Feb 2019
IDC predicts that spending on telecommunications will increase in 2018
Unified Communications

IDC predicts that spending on telecommunications will increase in 2018

Worldwide spending on telecommunications services and pay TV services reached $1.6 billion in 2017, an increase of 1.4% year over year.

By Jacques-Pierre (JP) Dumas • 2 min read • Tue, 15th May 2018
Local managed security services growth topping 20.5% CAGR
Digital Transformation

Local managed security services growth topping 20.5% CAGR

IDC says demand for better security outcomes is driving demand for professional and managed security services across Asia Pacific.

By Heather Wright • 2 min read • Mon, 10th Apr 2017
Global vendors to embrace Disaster Recover as a Service in near future
Disaster Recovery

Global vendors to embrace Disaster Recover as a Service in near future

As a result, Transparency Market Research explains the market will witness a large number of mergers and acquisitions.

By Sam Worthington • 2 min read • Thu, 1st Dec 2016
The war against cyber threats will be worth $9.3 billion in 2021
Internet of Things

The war against cyber threats will be worth $9.3 billion in 2021

The war against cyber threats is booming as the security analytics market grows from US$2.83 billion in 2016 to US$9.38 billion in 2021.

By Sara Barker • 2 min read • Fri, 24th Jun 2016
Automation drives uptake of wireless devices
Unified Communications

Automation drives uptake of wireless devices

Wireless automation in industrial processes set to grow at 16.19% over next 5 years, says Research and Markets.

By Catherine Knowles • 2 min read • Fri, 3rd Jul 2015