TechDay Australia - Australia's technology news network

Market Growth stories - Page 2

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Software defined data centre market to hit USD $1.49tn
Thu, 17th Oct 2024
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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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eSIM technology adoption in IoT to accelerate by 2025
Wed, 16th Oct 2024
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iot
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cleantech
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cloud services
A new report from IoT Analytics predicts that eSIM technology adoption in IoT will surge by 2025, despite current usage standing at just 33%.
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OnBuy partners with Google Cloud for global expansion
Tue, 15th Oct 2024
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digital transformation
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ai
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data storage
OnBuy has partnered with Google Cloud to support its international expansion, leveraging advanced cloud technology to enhance operations and customer experience.
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DTCP invests in Atlantic Hub, advancing Irish data centres
Tue, 8th Oct 2024
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hyperscale
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dc
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power / energy
DTCP has stepped in as the primary investor for Atlantic Hub, supporting its new data centre developments in Northern Ireland and the Republic of Ireland.
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Gamified healthcare apps market set to hit USD $31 billion
Fri, 4th Oct 2024
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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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Quantum tech revenue to surge from $2.7bn to $9.4bn
Tue, 17th Sep 2024
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partner programmes
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quantum computing
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investment
A Juniper Research study indicates commercial revenue from quantum technology will surge from $2.7 billion in 2024 to $9.4 billion by 2030, despite only 300 quantum computers being deployed.
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SQR acquired by SQRx to drive digital identity innovation
Thu, 12th Sep 2024
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cybersecurity
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cloud services
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entrepreneur
SQR has been acquired by UK-based SQRx, aiming to boost digital identity growth. Entrepreneur Grahame Chilton, SQRx’s largest shareholder, sees it as a 'groundbreaking' move.
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MDR services market set to reach US$9 billion in 2024
Thu, 29th Aug 2024
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apm
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cybersecurity
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software development
Canalys projects a 50% surge in managed detection and response services by 2024, with the market expected to hit US$9 billion driven by external demands.
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Exclusive: Gigamon CEO highlights importance of deep observability
Tue, 27th Aug 2024
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firewalls
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siem
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digital transformation
Gigamon CEO Shane Buckley stresses the critical role of deep observability in bolstering network security amid rising digital transformation, driving a market growing at 35% annually.
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F5 announces advancements in multi-cloud networking partnerships
Thu, 22nd Aug 2024
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hyperscale
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application security
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open source
F5 reinforces its multi-cloud leadership, unveiling partnerships with NetApp, Red Hat, and Console Connect amid market growth projections.
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Commvault named leader in 2024 Gartner Magic Quadrant
Thu, 8th Aug 2024
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data protection
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dr
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hybrid cloud
Commvault has secured its 13th consecutive recognition as a Leader in the 2024 Gartner Magic Quadrant for Enterprise Backup and Recovery Software Solutions.
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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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Pivotel completes strategic acquisition of VoiceHub from Swoop
Tue, 23rd Jul 2024
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uc
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telco
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swoop
Pivotel has finalised its acquisition of wholesale voice and messaging firm VoiceHub from Swoop, enhancing its services across Australia and New Zealand.
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Global cloud governance market to reach USD $3.87bn by 2034
Fri, 5th Jul 2024
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hybrid cloud
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data analytics
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hyperscale
The global cloud governance platform market is set to hit USD $3.87 billion by 2034, driven by AI integration, hybrid cloud adoption, and compliance needs.
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Industry 4.0 market to surge from USD $93.6bn to USD $512.2bn
Wed, 3rd Jul 2024
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robots
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iot
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data privacy
The Industry 4.0 market, integrating AI, IoT, and robotics, is poised for explosive growth, jumping from USD $93.6 billion in 2024 to USD $512.2 billion by 2034, driven by digital innovation.
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Neustark secures USD $69 million for carbon removal expansion
Wed, 26th Jun 2024
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microsoft
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transparency
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blackrock
Neustark, a Swiss carbon removal firm, raises USD $69 million led by Decarbonisation Partners and Blume Equity to expand its CO2 capture technology globally.
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Linnworks & Spreetail Europe partnership boosts ecommerce efficiency
Thu, 20th Jun 2024
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collaboration
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transparency
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growth
Linnworks' partnership with Spreetail Europe has dramatically improved ecommerce efficiency, cutting project timelines from three months to three weeks and enhancing market reach.
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Cloudflare acquires BastionZero to boost Zero Trust security
Wed, 5th Jun 2024
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devops
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casb
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apm
Cloudflare acquires BastionZero to enhance its Cloudflare One SASE platform. This integration aims to bolster Zero Trust security for critical IT systems.
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AI smartphones set to transform mobile industry by 2028
Wed, 29th May 2024
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smartphones
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data privacy
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personal computing devices
AI-capable smartphones are set to transform the mobile industry, with 54% expected to integrate AI by 2028, driving new competitive and revenue strategies.