TelcoNews Australia - Telecommunications news for ICT decision-makers

CAGR / Compound Annual Growth Rate stories

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Electronic Design Automation software market to hit $11.2bn
Last week
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smartphones
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technology gifts
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microsemi
Global Electronic Design Automation software market expected to exceed US$11.2bn due to increased adoption of IoT devices.
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Gigamon holds 63% share in booming deep observability market
Last week
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advanced persistent threat protection
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breach prevention
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cyber threats
Gigamon leads the deep observability market, accounting for a 63% share and 61% growth in 2023, thanks to its network monitoring pipeline.
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Data centre chip market to surge, aims for $23.8bn by 2032
Last week
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power / energy
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ml
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ai
The data centre chip market is set for an 8.1% CAGR between 2022 and 2032, driven by increasing data generation and the need for efficient processing.
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Data centre containment solutions market to hit $3.17bn
Last week
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big data
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colocation
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bi
Global data centre containment solutions market forecasted to surge to $3.17bn by 2034 due to increased investments by large corporations.
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Data centre market boom predicted by 2024 Global Index report
Last month
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ai
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mumbai
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asia pacific
The global data centre market should brace for high-demand and swift AI adoption, led by significant growth in the Asia Pacific, says a report by DC Byte.
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Global UCaaS market to reach 131 million users by 2028
Last month
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cagr
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mobile
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convergence
Global Unified Communications as a Service market set for a 10.3% growth over the next five years, with mobile UCaaS services gaining momentum.
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Cornerstone acquires Talespin's XR capabilities to redefine workspace learning
Last month
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ai
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vr
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ar
Cornerstone OnDemand bolsters its position in learning and talent experience solutions, acquiring Talespin's extended reality capabilities.
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IoT market projected to grow 17% annually till 2030, reveals report
Last month
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iot
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ai
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cybersecurity
IoT Analytics' Spring 2024 report reveals key trends, including the coalescence of AI and IoT, driving a projected 17% compound growth of the $236bn IoT market till 2030.
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Wearable AI market predicted to surge to $230bn by 2033
Last month
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apple
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technology gifts
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samsung
The wearable AI market is forecasted to balloon to $230bn by 2033 as advanced technology and an expanding smartphone market drive a CAGR of 27.6%.
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Colt delivers 1000 Versa SD-WAN services spanning 55 nations
Last month
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network infrastructure
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wfh
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digital transformation
Colt Technology Services has delivered its 1,000th Versa SD-WAN service, marking significant progress in automating global digital services across 55 nations, including Asian markets.
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Colt & Versa Networks reach milestone of 1,000 SD-WAN services
Wed, 28th Feb 2024
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wfh
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network infrastructure
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digital transformation
Colt Technology Services, in collaboration with Versa Networks, delivers its 1,000th SD-WAN service across 55 countries, significantly reducing global customers' connection time and enhancing network security.
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Cloud migration services market set to hit $55.55bn by 2032
Wed, 14th Feb 2024
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hybrid cloud
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digital transformation
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cloud services
The market forecast predicts the cloud migration services industry to soar from USD $12.03 billion in 2022 to USD $55.55 billion by 2032, a CAGR of 16.80%.
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Wi-Fi chipset market poised to hit $34.5bn by 2033 with 4.4% CAGR
Fri, 2nd Feb 2024
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smartphones
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iot
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technology gifts
Rising adoption of IoT devices, smart home appliances and widespread internet connectivity is set to push the Wi-Fi chipset market value beyond expectations.
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Sydney ranks fourth in interconnection bandwidth in new Equinix report
Wed, 31st Jan 2024
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digital transformation
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data centre operators
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5g
Sydney was named Asia-Pacific’s fourth-largest core metro for interconnection bandwidth as per the 2024 Global Interconnection Index (GXI) report.
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ESET unveils new Asia Pacific headquarters in Singapore
Tue, 30th Jan 2024
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wfh
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cybersecurity
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asia pacific
ESET, a renowned digital security firm, has launched its new Asia Pacific headquarters in Singapore, demonstrating commitment to the region's evolving cybersecurity landscape and digital economy.
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Reveille Software reports 50% revenue rise & expansion in 2023
Mon, 29th Jan 2024
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ecm
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martech
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rpa
Reveille Software reports marked progress in 2023 with a 50% surge in subscription revenue and a 15% staff increase, enhanced by a rapidly growing global ECM market.
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Eco-digital economy set to hit $33tn by 2028, new report reveals
Thu, 25th Jan 2024
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digital transformation
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sustainable it
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ai
The eco-digital economy, marrying sustainability with digital progression, is set to swell from $16.6tn to around $33tn by 2028, a 15% CAGR, says a Capgemini/Harvard report.
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HFCL secures INR 623 crore order for Indian-made 5G gear
Wed, 24th Jan 2024
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fmi
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cagr
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analyst report
HFCL Limited has inked a milestone INR 623 crore deal for the supply of indigenously-made 5G networking gear, making it the first Indian company to secure such a large order.
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Mashreq & Fils pair up for corporate carbon offsetting service
Tue, 23rd Jan 2024
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fintech
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cagr
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transparency
Mashreq and UAE fintech, Fils, collaborate to launch a blockchain-based, carbon offsetting service to counter 'greenwashing'.
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Colt Technology appoints Yasutaka Mizutani as APAC president
Thu, 11th Jan 2024
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partner programmes
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ai
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marketing strategy
Colt Technology Services positions Yasutaka Mizutani as its Asia Pacific President, in a move to intensify the UK-based executive's responsibility over the company's operations in Asia.
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Hardware security modules market set to double by 2028
Tue, 9th Jan 2024
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web development
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encryption
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japan
The global HSMs market is set to rise from $1.2bn in 2023 to $2.3bn by 2028, driven by growing cyber threats, data security needs and digital transactions.
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Asia-Pacific Data Centre Association officially launches
Mon, 8th Jan 2024
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iot
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data centre operators
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ai
The Asia-Pacific Data Centre Association (APDCA), the first of its kind in the region, launched today to unite data centre industry interests and promote supportive regulations, amid rising demand for digital services.
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Marketing analytics software sector riding high on AI & ML adoption
Thu, 4th Jan 2024
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digital transformation
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gdpr
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compliance
The global marketing analytics market is bolstered by increased adoption across sectors such as retail and manufacturing for improved AI and ML processes.
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Hyperscale cloud market projected to hit $3.4tn by 2034
Tue, 2nd Jan 2024
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pc hardware
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digital transformation
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ml
The hyperscale cloud market is predicted to reach a monumental $3.4tn by 2034, driven by digital transformation initiatives worldwide.