Market Growth stories - Page 9

Cyber risk management provider KYND has strengthened its leadership team, appointing Nadji Raib and Jeff Foley to drive growth across EMEA and the US.

Varonis Systems has acquired Cyral, enhancing data security capabilities amid a projected USD $225 billion database market boom by 2028.

The Trusted Connectivity Alliance reports eSIM shipments surpassed 503 million in 2024, marking a 35% rise, driven by strong consumer demand and new devices.

The generative AI market soared to USD $25.6 billion in 2024, driven by rapid tech adoption and dominated by key players like NVIDIA and Microsoft.

Kent has acquired Sudlows Consulting, a leading firm in data centre engineering, paving the way for expanded international operations and sustainable solutions.

CrowdStrike has become the first cloud-native cybersecurity vendor to surpass USD $1 billion in annual sales via AWS Marketplace, highlighting its rapid growth.

Barracuda Networks has appointed Peter Alexander as Chief Marketing Officer to lead its market growth strategy and enhance cybersecurity solutions amid rising demand.

New analysis from IoT Analytics reveals the global IoT professional services market reached USD $56 billion in 2024, growing 46% in three years.

The global clickstream analytics market is set to expand from USD $1.71 billion in 2025 to USD $4.84 billion by 2033, driven by rising eCommerce and smart analytics.

The HR software market is projected to grow from USD $20.16 billion in 2024 to USD $30 billion by 2032, driven by demand for innovative, cloud-based solutions.

The global progressive web app market is poised to surge dramatically, growing from USD $3.53 billion in 2024 to USD $21.44 billion by 2033.

Rimini Street has garnered multiple prestigious awards, including the Trust Radius 2025 Buyer's Choice, recognising its excellence in client service and support.

As media firms embrace the digital age, the shift to cloud production faces data workflow challenges, risking delays, security breaches, and costly inefficiencies.

China has become the largest global market for wrist-worn devices, leading shipments at 45.8 million units, driven by a 20.1% year-on-year growth.

Global shipments of wearable devices are set to rise by 6.1% in 2024, hitting 538 million units, although growth is expected to slow in 2025.

The Indian IT services market surged to USD $7.4 billion in the first half of 2024, boosted by digital transformation and cloud migration efforts.

NXLog has appointed Harald Reisinger as CEO, succeeding co-founder Botond Botyanszki, who becomes Chief Technology Officer to drive innovation.

The global cloud contact centre market is set to soar to USD $26,846.9 million by 2024, driven by increasing demand for scalable customer engagement solutions.

The global Edge AI market is set to soar to USD $71.1 billion by 2034, fuelled by advances in IoT, 5G, and a demand for energy-efficient technologies.

A DLA Piper survey reveals 70% of global data centre investors forecast increased funding over two years, driven by AI demand despite energy concerns.