Recruiting Radar #12
In this issue:
Market Trends
Companies Expanding
Executives on the Move
Funding News
Companies Moving Headquarters
Market Trends
Payment Gateways Market to grow at a CAGR of 11.72% from 2022 to 2027; Rising adoption of contactless payment solutions to boost the market -Technavio
The payment gateway market size is estimated to grow by USD 8,551.26 million from 2022 to 2027. The market is estimated to accelerate at a CAGR of 11.72%, according to Technavio. The growing competition in the market is compelling vendors to adopt various growth strategies, such as promotional activities and spending on advertisements to improve the visibility of their services. Technavio report analyzes the market's competitive landscape and offers information on several market vendors, including Adyen NV, Amazon.com Inc., B2Broker Ltd., BitPay Inc., Block Inc., CCBill LLC Fidelity National Information Services Inc., Global Payments Inc., Infibeam Avenues Ltd., Ingenico Group SA, JPMorgan Chase and Co., Mastercard Inc, MIH PayU BV, Payoneer Global Inc, Razorpay Software Pvt Ltd., Visa Inc., One97 Communications Ltd., PayPal Holdings Inc., Stripe Inc., VeriFone Inc., among others. | Source
Machine learning market to grow at a CAGR of 47.81% from 2022 to 2027| Accenture Plc, Alphabet Inc., Amazon.com Inc., and more to emerge as key players -Technavio.
The machine learning market size is estimated to grow by USD 56,493.47 million from 2022 to 2027. The market will progress at a CAGR of 47.81%, according to Technavio. The growing competition in the market is compelling vendors to adopt various growth strategies such as promotional activities and spending on advertisements to improve the visibility of their services. Technavio report analyzes the market's competitive landscape and offers information on several market vendors including Alibaba Group Holding Ltd., Alphabet Inc., Altair Engineering Inc., Alteryx Inc., Amazon.com Inc., BigML Inc., Cisco Systems Inc., Fair Isaac Corp., H2O.ai Inc., Hewlett Packard Enterprise Co., Iflowsoft Solutions Inc., Intel Corp., International Business Machines Corp., Microsoft Corp., Netguru S.A, Salesforce.com Inc., SAP SE, SAS Institute Inc., TIBCO Software Inc., and Yottamine Analytics LLC | Source
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Companies Expanding
Novo Nordisk invests $2.3 billion in Danish production facility
06.12.23 - Novo Nordisk, a Danish pharmaceutical company, has announced a significant investment of $2.3 billion in a new production facility in Denmark. The facility is expected to be operational by 2023 and will focus on producing pharmaceutical products for the treatment of diabetes and other chronic diseases. This investment aligns with Novo Nordisk's commitment to expanding its manufacturing capacity and meeting the growing demand for its products worldwide. The new facility will not only create job opportunities but also contribute to Denmark's healthcare sector. Novo Nordisk is renowned for its expertise in diabetes care and aims to continue improving the lives of patients through innovative treatments and expanding its global production capabilities. | Source