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As per the revised report by Future Market Insights (FMI), the global fleet management market is expected to expand at a CAGR of 10.4% over the forecast period (2021-2031). The growth can be attributed to growing adoption of cloud computing and big data analytics solutions for streamlining fleet management operations. The market valuation expected to surpass US$ 11.5 Bn …
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The arc fault detection devices market is projected to grow with an impressive CAGR of 5.5% during the forecast period 2021-2031. Over the years, the installation of electrical components deteriorate in buildings. The deterioration severity depends on humidity, heat, damage during usage, aging insulation and corrosive chemical reactions. So, installation of electrical components should be …
According to newly AI in fraud management industry analysis by Future Market Insights (FMI), the demand registered in the market will increase at a CAGR of 18.0% from 2021-2031. The report also forecasts that the market will surpass a valuation of ~US$ 7.5 Bn by the end of 2021. As per FMI, rapid technological advancements in the …
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Software-Defined Camera market is expected to grow at a CAGR of around 14% during the forecast period 2021-2031. A software-defined camera works on the continuous development and evolution of artificial intelligence (AI) algorithms. In addition, manufacturers of software-defined cameras are trying to create a wide variety of security scenarios such as face checkpoint, situation awareness, vehicle checkpoints, …
Surging construction in the residential sector and the rising demand for multi-functional appliances are creating lucrative growth prospects for desert air cooler market, finds Future Market Insights (FMI). Desert air coolers are energy efficient, they reduce carbon footprint, and are pollutant free. They also consume less electricity and therefore make for a cost efficient option. Desert …
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According to the study, the global heat-resistant ceramic tableware market surpassed US$ 25.32Bn in 2022 and is estimated to grow at 5.83% CAGR through the forecast period. The demand for heat-resistant ceramic tableware is expected to reflect steady growth through the forecast period (2022 – 2030), despite a moderate slump from the covid-19 pandemic, states a new …
Future Market Insights’ (FMI) recently published bamboo products market report opines a positive growth trajectory, estimating global revenues to surge at 6.1% CAGR. Growth will primarily be driven by growing focus on sustainability and availability of affordable bamboo products. According to the United Nations’ Sustainable Development Goals Report, 2019, atmospheric CO2 levels increased to 405.5 ppm in 2017, …
Growing popularity of aluminium die casting is expected to boost the global die casting services market. According to a recent report published by Future Market Insights (FMI), the market for die casting services is expected to reach around US$ 89.76 Bn by the end of 2030, rising at a CAGR of 10% between forecast period 2022 …
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Rising demand for baby personal care products market is here to stay despite the global economic challenges posed by the COVID-19 pandemic, suggests study conducted by Future Markets Insights (FMI). Recent launches in premium products category and personalization based on demography are expected to be the key drivers for the market along with the growing …
The single layer capacitors market is projected to grow at an expected CAGR of 10.9% during the forecast period 2021-2031. Single layer capacitors are those capacitors, who have a structure of rectangular piece of dielectric material with metallization across the bottom and top of the ceramic. A bottom electrode contact and top electrode contact are …