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1 million software companies by 2027? We’re gonna need a bigger chart

chiefmartech

I wouldn’t be surprised, with the level of hyperspecialization new buyers are demanding, to see that number grow to 1 million by 2027. The pharmaceutical and packaged food industries are heavily consolidated, have thriving startup scenes, are hyperactive in M&A and provide a glimpse of how the future of tech may unfold.”

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The Rise of 'K-everything': How Culture Fuels Business Growth

Hubspot

Source: Similarweb Notably, Musinsa raised $190m last year, at a time when VC money is cooling on Asian startups. Tech Startups Korea’s impressive record of lifestyle and cultural export doesn’t outshine its budding startup scene. Their rankings are from different categories, beauty and apparel. of funds injected in 2023.

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Africa’s Getting Younger — 3 Reasons Why That’s Exciting for Entrepreneurs

Hubspot

Trendster George Burgess is the founder of Modern Day Talent , a startup that sources and facilitates remote talent in South Africa for European companies. Meanwhile, online learning is expected to grow at a rate of 12% through 2027 in the region. Startup continent Africans are entrepreneurial and active users of tech.

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How do you find early evangelists for community-led growth?

Kevin Indig

Startups like Notion, Figma, Miro, Duolingo, ConvertKit, and Midjourney have built impressive communities around their Products, which drove exceptional growth. Eric Ries writes in The Lean Startup: Before new products can be sold successfully to the mass market, they have to be sold to early adopters.

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AI Statistics 2024: Your Cheat Sheet to Understanding the Future

Outgrow

trillion by 2027. 25% of all startup funding in the US went to startups focusing on AI technology emphasizing the fact that AI is being considered as the future. Global investment in AI startups has also grown 6 times in the last 2 decades. This shows the dependency on this specific AI feature.

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The yin and yang of martech

ClickZ

As a result, Brickner cites the claim by a Forrester analyst that there could be a million software companies worldwide by 2027. And besides, the barriers to market entry remain quite low – someone writing code on a laptop is still very cheap, although scaling it to commercial levels remains an uphill climb.

article thumbnail

AI Statistics 2024: Your Cheat Sheet to Understanding the Future

Outgrow

trillion by 2027. 25% of all startup funding in the US went to startups focussing on AI technology emphasizing the fact that AI is being considered as the future. Global investment in AI startups has also grown 6 times in the last 2 decades. This shows the dependency on this specific AI feature.