Overall, economic growth has slowed down over the past year or so, and many businesses are suffering as a result. But not all companies are struggling to keep their growth stories alive in the challenging climate. In fact, some well-established businesses with clear paths to profitability are still growing at annualized rates of 50% or more -- and here are two that look especially promising.

The global cybersecurity market is just over $200 billion in size today and is expected to grow to more than half a trillion dollars by 2030. And more of this spending is shifting to cloud-based cybersecurity solutions.

That's where CrowdStrike (NASDAQ: CRWD) comes in. Its Falcon platform uses crowdsourced data (hence the company name) and AI technology to detect and neutralize threats. In the latest quarter, CrowdStrike's revenue grew 53% year over year despite the challenging economic climate, and while the company isn't consistently profitable yet on its bottom line, it is generating more free cash flow than ever before.

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Source Fool.com