In 2008, the worldwide software-as-a-service market was worth only $5.6 billion. Cut to 2020, and that figure is expected to soar to $133 billion – clearly indicating the rapid rise in demand for consumption-based software services (‘a la carte software’, so to speak). Between 2018 and 2020, the total number of SaaS subscriptions are… Read More »
In the United States, the total revenues from the digital transformation market will go beyond $1.1 trillion by the end of this year. Moving on to the Middle East – experts estimate that digital solutions will augment annual GDP figures by well over $93 billion. The world of technology is evolving constantly –… Read More »
The age of the ‘intelligent assistants’ is well and truly upon us. Machine learning (ML) has already emerged as one of the key elements of global digital transformation – with cumulative investments (on artificial intelligence and ML) projected to reach $58 billion by the end of 2021. In the US alone, the market… Read More »
Silicon Valley and New York might still be the most attractive locations for startups, but the competition coming in from the APAC countries is growing intense. Over the last half a decade or so, total startup fundings in the Asia-Pacific have been on an upward trend, while that in the US have been… Read More »
(This infographic on cyber security has been contributed by Vasilii Chekalov, noted digital entrepreneur)
Are you one of those who feel that the mobile app market is already mature, and is slowing down? If yes, well…there’s news for you! On a YoY basis, the total number of app downloads is set to go up by >15% (205 billion in 2018 vs 178 billion in 2017) this year. Fast… Read More »
The popularity of mobile applications is soaring higher than ever, putting to rest speculations of whether this market has entered a mature stage. While the average per-session app activity duration (i.e., the time spent on apps) grew only by 6% on a YoY basis last year – users are increasingly turning their attention… Read More »
(In this post, a senior Android app developers outlines the process of publishing a brand new application in Google Play Store) I was wondering how small to medium enterprises are making lots of money with a single app. Yes, it is 100% true. These days, people spend almost 2-3 hours in a day… Read More »
Total revenues from the global mobile app market is set to touch $190 billion by the end of this decade. For all the speculations over the growing maturity of this industry, the fact remains that mobile apps are still growing at exponential rates – and more & more new mobile technologies are coming… Read More »
India is fast growing into a strong global IoT hub. By the end of 2016, there were ~200 million ‘connected devices‘ in the country – and this count has been estimated to jump to 2.6 billion units in 2020. In terms of revenue, we are looking at an almost 3X increase over the… Read More »