Market Growth stories

The global 5G services market set to skyrocket beyond USD 919.4bn by 2031, boasting an impressive CAGR of 30.8% and transforming the digital landscape.

Global data centre containment solutions market forecasted to surge to $3.17bn by 2034 due to increased investments by large corporations.

Joao Silva, a seasoned British tech executive, has been named Vice President of EMEA and Latin America operations for Pure Storage, set to drive growth after the firm's notable Q4 performance.

NTT DATA set to boost operational presence in Berlin with third data centre campus, part of global expansion drive valued at $10bn across key markets from 2023-27.

New Zealand's traditional PC market saw a steep 10.7% decline in 2023 with only 669,000 units shipped, says IDC report.

A steep 9.8% contraction hit Australia's traditional PC market in 2023, amid inflation-related woes, impacting notably desktops and notebooks, IDC report reveals.

PC shipments in the Asia/Pacific region, inclusive of Japan and China, plummeted 16.1% in 2023 amidst muted demand and tepid economic recovery.

New Zealand's smartphone market sees a strong 10% YoY and 14% QoQ rise in 4Q23 despite consumer spending uncertainties, says IDC report.

The global digital remittance market is set to exceed USD $64 billion by 2032, driven by an escalated demand for cross-border remittances through digital platforms, according to Fact.MR.

IT partners consider data a critical factor and challenge in the shift to recurring revenue models, according to a global survey conducted by technology distributor Westcon-Comstor.

Semarchy, a French MDM solutions provider, reports a 50% annual revenue rise in its EMEA sector for 2023, due to robust investment in UK and Ireland operations, increasing competition with data management titans.

SnapLogic, a generative integration pioneer, is named a Visionary in Gartner's 2024 Magic Quadrant for iPaaS, highlighting their premier product vision amongst visionary vendors.

Global security firm Gallagher Security names Jin Hui as new Regional Manager for China and North Asia, aiming to enhance market expansion and implement innovative strategies in China.

Celebrating its first successful year, Object First witnesses a 200% surge in bookings for its ransomware-proof backup storage appliance, Ootbi, expanding into the EMEA and LATAM markets.

Channel Factory boosts its expansion in Australia and New Zealand with the appointment of media industry veteran, Tom Heddon, as Head of Sales for Victoria.

BillingPlatform secures a massive $90m growth equity investment from FTV Capital, boosting its ongoing expansion in a growing $10bn market.

Goodman Group announces significant growth of its data centre capacity in Asia's top-tier markets, including a new 1,000 MW campus in Tokyo, amid booming regional demand.

ExtraHop secures $100m growth capital, bolsters executive team, and is poised for exponential growth in the expanding NDR market.

Technological advancements have spurred a projected growth of the social media management software market, anticipated to surge by $34.62 billion.

The Business Process Management market is set to skyrocket from $16 billion in 2023 to $38 billion by 2030, due to digital transformation push.

5G MVNO market forecasted to reach $132.03bn by 2029, harnessing 5G technology without the need for physical infrastructure.

Gigamon has been recognised as a top vendor in the burgeoning deep observability market, according to a new study by 650 Research.

Melbourne-based pioneer Vudoo has appointed Peter Manten as its new Managing Director for Australia and Asia Pacific.

GosuGamers unveils revamped esports services including brand partnerships and content production in APAC for surging market growth.