Software industry
The global Artificial Intelligence (AI) market is expected to grow from $58.3 billion in 2021 to $309.6 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 39.7% during the forecast period. The AI market has been driven by the growth of data-based AI and advancements
Software industry
The global mobile gaming market, which saw a significant surge in popularity with the rise of smartphones, is expected to continue its upward trajectory, driven by advancements in mobile internet infrastructure, cross-platform titles, and enhanced mobile gaming experiences. The market, estimated at $71.9 billion in 2020, is projected to
Software industry
Global business collective The Valuable 500 has announced that it has achieved its goal of 500 international organizations committing to disability inclusion on their board agenda. This milestone makes The Valuable 500 the world's largest CEO collective for disability inclusion. The campaign has gained support from prominent businesses,
Software industry
As inflation measures hit their highest levels in a decade, tech investors are taking no chances, dumping stocks sensitive to interest rate increases. The Nasdaq Composite has fallen 5.2% from its April 26 peak, with Apple, Facebook, and Microsoft leading the downturn. Key Takeaways: * Citigroup downgraded Alphabet and Facebook
Software industry
As e-commerce, online gaming, and remote work surged in 2020, Amazon, Microsoft, and Google led the charge in data center spending, but the exact figures remain unclear due to a lack of transparency in their financial reports. Amazon's capital spending jumped 78% to $12.1 billion in the
Software industry
The Munro Global Growth Fund has released its latest portfolio composition, revealing the top holdings in its Underlying Fund as of March 31, 2021. The Fund invests in a diverse range of companies across various sectors, with a focus on growth-oriented stocks. The top 10 holdings in the Underlying Fund
Software industry
The Dow Jones Industrial Average remained near record highs in April, with key performers like Walgreens Boots Alliance, Goldman Sachs, and American Express leading the charge with advances of 33.2%, 32.1%, and 26.8%, respectively. As the current stock market rally continues, investors are advised to focus on
Software industry
The cloud gaming market is poised to revolutionize the video games industry over the next decade, following the footsteps of video and audio streaming. With a market size of over $1 billion in 2020, it is expected to grow at a compound annual growth rate (CAGR) of 40% to reach
Software industry
The FAANGs - Facebook, Apple, Amazon, Netflix, and Google - are among the biggest names in the US tech space, collectively worth over USD6.5 trillion. As the remaining four of the five giants prepare to report their earnings, investors are eagerly awaiting their quarterly numbers and outlooks, which will
Software industry
The IIoT platform market is projected to grow from $6.0 billion in 2020 to $13.7 billion in 2026, at a Compound Annual Growth Rate (CAGR) of 14.8% during the forecast period. The market is driven by the rising need for centralized monitoring and predictive maintenance of assets,
Software industry
Cloud gaming is poised to revolutionize the video games industry over the next decade, with tech giants, telcos, and game publishers competing for dominance in the market. The industry is expected to grow from $1 billion in 2020 to $30 billion by 2030, with a compound annual growth rate (CAGR)
Software industry
The adoption of Artificial Intelligence (AI) in the healthcare sector is expected to grow rapidly, driven by the increasing volume of healthcare data and the need to reduce towering healthcare costs. The market is expected to grow from $4.2 billion in 2020 to $27.2 billion by 2025, with
