The total market for low-code development platforms will hit $21.2 billion by 2022, growing at a compound annual growth rate of 40 percent, according to Forrester. The researcher also said that 23 percent of global developers reported using low-code platforms in 2018, with another 22 percent planning to do so in 2019.
“Digital grocery is growing at a CAGR of 17% globally but remains less than 3% of the US retail grocery market,” making businesses cases for innovation near impossible. And, with margins averaging 1.62%, only the largest have cash to easily spare.
Original source: Grocers Partner For Digital Growth
“This is the highest annual growth rate that Gartner has forecast since 2007 and would be a sign of a new cycle of IT growth,” said John-David Lovelock, a research vice president at Gartner. “However, spending on IT around the world is growing at expected levels and is in line with expected global economic growth. Through 2018 and 2019, the U.S. dollar is expected to trend stronger while enduring tremendous volatility due to the uncertain political environment, the North American Free Trade Agreement renegotiation and the potential for trade wars.”
Original source: Gartner: IT spending to hit $3.7 trillion thanks to record 6.2% growth in 2018
Includes an interesting chart that lists the types of services/features (like data management and appdev platforms) that compose vendor revenue. Plus geographic and vertical rankings. But, just a press release.
Original source: Worldwide Public Cloud Services Spending Forecast to Reach $160 Billion This Year, According to IDC
Figuring out product management for home automation/IoT. Plus a sampling of market-sizing and penetration stats. Original source: Do Your Customers Actually Want a “Smart” Version of Your Product?
“Since the App Store launched in July 2008, iOS developers have earned over $86 billion.”
Link to original
“In the first nine months of 2017, 17.1m smart speakers shipped worldwide, according to Canalys’s data, but a further 16.1m were shipped in the last quarter of the year driven by Christmas present sales…. The trend towards smart speakers becoming mainstream is expected to continue. Canalys is forecasting 70% year-on-year growth with shipments reaching over 56m units this year.”
Link to original
Four years ago, in October 2013, 451 Research reported that OpenStack cloud revenues were approximately $600 million in 2013. In April 2016, 451 Research reported that 2015 OpenStack ecosystem revenues came in at $1.2 billion, with a forecast to grow to $3.37 billion by 2018.
Now in November 2017, 451 Research is out with it latest OpenStack market sizing report, estimating 2017 OpenStack ecosystem revenue at $2.6 billion. Looking forward, 451 Research is forecasting that OpenStack market revenues will reach $6.7 billion by 2021
“In 2015, the worldwide application performance management software market grew an estimated 12.1% over that in 2014, in large part because of increased demand for a new generation of solutions designed to support DevOps and multicloud infrastructure initiatives,” explains Mary Johnston Turner, research vice president, Enterprise System Management Software. “This new generation of APM solutions is easier to implement, supports more sophisticated analytics, and is less expensive than earlier offerings. As a result, APM is providing value to a much wider range of developers and IT operations teams that need constant, current visibility into end-to-end application performance and end-user experience.”
The previous y/y was 12.7%, so things are going well in that market I’d say. As I recall, this includes mainframe and other “not normal” revenue. If you look at just the subset market of x86 and web apps, it’s even higher around 17%. That “distributed” APM TAM was estimated at $2.2bn in 2014.
I don’t have access to the full APM report, but the size is around several billion. One Gartner estimate put it around $2.6bn in 2014.
See also this vendor share commentary based on Gartner’s analysis of the APM market.