CFOtech New Zealand - Technology news for CFOs & financial decision-makers

Market Growth stories - Page 11

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Global data mining tools market to hit USD $3.65 billion by 2034

Fri, 11th Jul 2025
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smart cities
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data analytics
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digital transformation
The global data mining tools market is set to soar to USD $3.65 billion by 2034, driven by AI integration and growing demand in eCommerce and government sectors.
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Data centre colocation market to double, driven by AI demand

Fri, 11th Jul 2025
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hybrid cloud
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digital transformation
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hyperscale
The data centre colocation market is set to nearly double from USD $104.2bn in 2025 to USD $204.4bn by 2030, driven by AI and hybrid cloud demand.
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GenAI model spending to reach USD $14.2 billion globally in 2025

Fri, 11th Jul 2025
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genai
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Global spending on generative AI models is set to hit USD $14.2 billion in 2025, with domain-specific models rapidly gaining traction, Gartner predicts.
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Entry-level 3D printers drive market growth as high-end falters

Thu, 10th Jul 2025
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supply chain
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3d printing
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inflation
Global 3D printer market grew 5% in Q1 2025, driven by a 22% surge in entry-level sales amid tariff fears, while high-end segments faced decline and uncertainty.
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Org Group appoints Kurt Schreurs to lead global recruitment

Wed, 2nd Jul 2025
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partner programmes
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recruitment
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managed services
Org Group appoints Kurt Schreurs as Chief Revenue Officer to lead global recruitment strategy, aiming to boost growth across key talent brands including Morgan McKinley.
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Swyftx acquires Caleb & Brown to target wealthy US investors

Wed, 2nd Jul 2025
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crypto
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defi
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easy crypto
Swyftx is acquiring US crypto brokerage Caleb & Brown to target wealthy investors, marking the largest crypto acquisition in Australasian history.
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Jade Tang appointed Country Manager for Australia & New Zealand

Tue, 1st Jul 2025
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jb hi-fi
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harvey norman
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sales
Tineco has appointed Jade Tang as its first Country Manager for Australia and New Zealand to drive local growth and retail expansion.
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Travel eSIM market set for growth as awareness remains low

Fri, 20th Jun 2025
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vpns
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iot
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google
Only 23% of consumers in the US, UK and China have used eSIMs, though 49% are open to travel eSIMs once informed, showing strong growth potential.
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Data diode market to reach USD $919.29 million by 2034

Thu, 19th Jun 2025
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firewalls
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digital transformation
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network security
The data diode market is set to nearly double to USD $919.29 million by 2034, driven by rising cyber threats and regulatory demands across sectors.
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Satellite IoT market to reach USD $4.7 billion by 2030

Wed, 18th Jun 2025
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uc
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digital transformation
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iot
The satellite IoT market is set to grow at a 26% CAGR to reach USD $4.7 billion by 2030, driven by tech advances and rising demand for remote connectivity.
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Arctic Wolf celebrates top ANZ partners as channel network doubles

Fri, 13th Jun 2025
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semiconductors
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cloud security
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socs
Arctic Wolf has doubled its ANZ partner network, naming REDD, CSW-IT, and Ethan Global as 2025 Partner of the Year award recipients.
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Barracuda appoints Dan McLean to drive ANZ channel growth

Tue, 6th May 2025
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firewalls
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hyperscale
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it automation
Barracuda Networks appoints Dan McLean as ANZ Country Manager to drive sales growth and strengthen partner relations in cybersecurity market.
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ABBYY launches Document AI API as IDP market surges

Thu, 17th Apr 2025
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ecm
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martech
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api
ABBYY unveils Document AI API, a developer-friendly tool to convert unstructured business documents into accurate data, boosting automation in workflows.
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FedEx strengthens APAC leadership with new appointments

Wed, 9th Apr 2025
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hcm
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partner programmes
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business strategy
Federal Express has strengthened its Asia Pacific leadership team by appointing three senior executives, aiming to enhance customer solutions and market growth.
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Kynd strengthens leadership team for EMEA & US growth

Wed, 26th Mar 2025
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data analytics
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risk & compliance
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bi
Cyber risk management provider KYND has strengthened its leadership team, appointing Nadji Raib and Jeff Foley to drive growth across EMEA and the US.
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Rose & Thorne closing stores to focus on online expansion

Mon, 24th Mar 2025
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cx
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martech
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wholesale
New Zealand clothing brand Rose & Thorne is shifting to an online-only model, targeting Australia's £1.7bn bra market amid rising demand for larger sizes.
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Varonis acquires Cyral to boost AI-driven data security

Tue, 18th Mar 2025
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data protection
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physical security
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ai
Varonis Systems has acquired Cyral, enhancing data security capabilities amid a projected USD $225 billion database market boom by 2028.
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Half a billion eSIM units shipped globally in 2024

Thu, 6th Mar 2025
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uc
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iot
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clean technologies
The Trusted Connectivity Alliance reports eSIM shipments surpassed 503 million in 2024, marking a 35% rise, driven by strong consumer demand and new devices.
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Generative AI market soars, NVIDIA & AWS lead sectors

Wed, 5th Mar 2025
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digital transformation
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hyperscale
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genai
The generative AI market soared to USD $25.6 billion in 2024, driven by rapid tech adoption and dominated by key players like NVIDIA and Microsoft.
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Okta surpasses USD $1 billion in AWS Marketplace sales

Wed, 5th Mar 2025
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data protection
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digital transformation
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hyperscale
Okta has exceeded USD $1 billion in sales through the AWS Marketplace, as its fourth-quarter revenue rises 13% to USD $682 million, showcasing robust growth.