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Revenues from this segment have grown at a compounded annual growth rate of 16% over the past three years driven by strong organic growth supported by acquisitions.
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Of course, the Dow advance comes to an annual compounded growth rate of about 6%, but by avoiding disastrous mistakes similar to those we made in this century, we could do even better in the next.
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This amounts to a compounded annual growth rate of 9% for the period 2014-2017.
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But it implies a compounded annual growth rate of 28% below that achieved in recent years.
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By 2016, the worldwide market for machine-to-machine connections is predicted to grow at a compounded annual growth rate of 27 percent, and global connections are forecast to reach 365 million.
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Over the last five years, KOG has a revenue compounded annual growth rate (CAGR) of 98%.
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The market for premium cars anything from an Audi to the usual Italian sportscars has increased by a compounded annual rate of 36% in the last decade, faster than the 26% annual growth in the overall Chinese passenger vehicle market during the same period.
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