TechDay Australia - Australia's technology news network

Compound Annual Growth Rate (CAGR) stories

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The accelerating data centre boom in Southeast Asia: Are you Prepared?
Last week
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digital transformation
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genai
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ai
Southeast Asia's data centre sector is booming, driven by AI growth and projected to expand by 10-28% over the next five years, according to research.
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Transmit Security leads in account takeover prevention
Last month
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digital transformation
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genai
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ai
Transmit Security has been named a leader in account takeover fraud prevention, as the market for these solutions is set to grow significantly by 2028.
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Orca Security expands into ANZ with Wavelink partnership
Last month
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cloud security
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advanced persistent threat protection
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cybersecurity
Orca Security is expanding into Australia and New Zealand, partnering with Wavelink and relocating co-founder Avi Shua to bolster cloud security solutions.
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Software defined data centre market to hit USD $1.49tn
Last month
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uc
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iot
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it automation
The global software defined data centre market is set to reach USD $1.49 trillion by 2036, driven by advancements and rising data centre demands.
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Gamified healthcare apps market set to hit USD $31 billion
Last month
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smartphones
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wearables
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ai
The gamified healthcare app market is predicted to soar to USD $31 billion by 2034, bolstered by rising chronic disease incidences.
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Capmont Technology launches €100m fund for B2B tech startups
Last month
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robots
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iot
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cybersecurity
Capmont Technology unveils a €100 million fund to invest in B2B tech startups, boosting its total funding to €300 million.
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Westcon-Comstor adds Stratus to vendor list, boosts IoT division
Fri, 27th Sep 2024
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smartphones
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firewalls
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digital transformation
Westcon-Comstor expands its IoT portfolio by partnering with Stratus Technologies to offer advanced edge computing solutions across EMEA, targeting digital transformation.
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Industrial DataOps set to revolutionise digital transformation
Fri, 27th Sep 2024
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digital transformation
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software
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productivity
IoT Analytics reveals that Industrial DataOps is crucial for overcoming digital transformation hurdles, projecting the industrial connectivity market to grow from USD $89 billion in 2023 to USD $104 billion by 2028.
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Jitterbit unveils AI-infused App Builder 4.0 during Coding Week
Thu, 26th Sep 2024
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low-code
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ai
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software development
Jitterbit launches AI-powered App Builder 4.0 during National Coding Week, promising faster, more intuitive low-code app development for all skill levels.
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Private 5G connections to grow 65.4% annually until 2030
Thu, 19th Sep 2024
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uc
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iot security
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iot
Private 5G connections are set to soar with a 65.4% annual growth until 2030, driven by security needs and industrial demand, reports IoT Analytics.
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Forrester's 2025 predictions reveal mixed trends in AI & tech
Wed, 11th Sep 2024
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digital transformation
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aiops
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ai
Forrester's 2025 Predictions reports forecast AI and tech trends, highlighting AI investment pitfalls and increased AIOps adoption to manage tech debt.
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Integrity360 acquires Grove to expand global cyber security presence
Thu, 29th Aug 2024
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soc
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ai security
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edr
Integrity360 has acquired South Africa-based cyber security firm Grove Group, boosting its global reach and expanding its service capabilities. Financial terms undisclosed.
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Reltio appoints James Redfern as new Chief Financial Officer
Wed, 21st Aug 2024
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ai
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management
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tax
Reltio has named James Redfern as its new CFO to lead global finance during a pivotal growth phase, leveraging AI opportunities.
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Edge data centre market to exceed $300 billion by 2026
Tue, 13th Aug 2024
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storage
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hyperscale
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edge computing
The edge data centre market will soar to USD $317 billion by 2026, fuelled by the rise of IoT and generative AI, marking a 107% growth.
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Global edge data centre market poised to hit USD $317 billion
Tue, 13th Aug 2024
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storage
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hyperscale
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iot
Driven by IoT and generative AI, the global edge data centre market is set to surge to USD $317 billion by 2026, up 107% from 2020.
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Snom Technology partners with Cal4Care for APAC expansion
Tue, 30th Jul 2024
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public sector
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vtech
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cagr
Snom Technology collaborates with Cal4Care Group to expand its VoIP market reach in Singapore, Malaysia, and Thailand, eyeing rapid growth in the Asia-Pacific region.
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Ignition & ExtraHop join forces to boost UK cyber defences
Wed, 24th Jul 2024
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advanced persistent threat protection
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ai security
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ndr
Ignition Technology partners with ExtraHop to boost UK network visibility and security, integrating solutions like CrowdStrike to address growing cyber threats.
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Green technology market to hit USD $122.69 billion by 2032
Tue, 23rd Jul 2024
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iot
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power / energy
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ai
The green tech market is set to surge with a 22.4% CAGR from $16.25 billion in 2022 to $122.69 billion by 2032, driven by emerging regions and innovation.
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Global cellular IoT market reaches USD $15 billion in 2023
Thu, 18th Jul 2024
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uc
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wearables
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smart cities
The global cellular IoT connectivity market surged in 2023, generating USD $15 billion from 3.6 billion connections, driven by a 23% growth rate, IoT Analytics reports.
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HR Path secures massive €500 million investment from Ardian
Mon, 15th Jul 2024
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expansion
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cagr
HR Path has secured a landmark EUR €500 million investment from Ardian, fuelling its expansion and service enhancement in the Asia Pacific region.