New Product Development
I/O Link Market is set to experience a significant growth of 15.8% CAGR for 2022 – 2027, with an estimated I/O Link industry value of US$ 5,896.8 Mn as of 2022 “As data communication becomes pivotal for the industrial outcome, adoption of I/O link systems has gained significant momentum across multiple industry verticals. The standard protocol of …
Continue reading “I/O Link Market Detailed Industry Analysis and Business Prospects | FMI – 2027”
Companies in the optical emission spectroscopy market are offering specialised solutions to cater to the requirements of diverse applications in medical, automotive, waste management, etc. Launch of new solutions is pushing revenues in the global market, as highlighted in a new report by Future Market Insights (FMI). According to FMI analysis, strategic mergers, acquisitions and partnerships between …
According to FMI reports, the identity as a service market is likely to expand from US$ 3.7 Billion in 2021 to USD 6.49 Billion by 2026, at a CAGR of 11.9% during the forecast period. The need to fulfill regulatory mandates and data protection legislation, as well as increased demand for cloud-based security solutions and services, are …
According to a recent study done by FMI, the Ethernet Storage Fabric market is expected to reach US$ 5.4 billion by 2032, up from US$ 1.6 billion in 2022, expanding at a high CAGR of 13.2%. This study explains that the growth in the demand to adopt enterprise mobility is expected to achieve operational efficiency in different …
Driven by promotional and educational programs conducted for increased awareness, skin tears treatment market is set to expand 1.4X during 2022 – 2029. Currently representing a US$ 446.2 Mn market, the global skin tears treatment landscape majorly relies on awareness through educational programs, for improved product sales. Manufacturers of skin tear treatment products are thus focusing on rising …
The global field service management market is expected to secure USD 10.3 Bn in 2032 while recording a CAGR of 11. 1% during the forecast period from 2022 to 2032. The market is projected at USD 3.2 Bn and 3.6 Bn in 2021 and 2022 respectively. Expansion of the market is credited to the increasing demand for …
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The global GPON market is estimated at US$ 6.7 Bn in 2021 and is projected to reach US$ 7 Bn by 2022. The market is anticipated to garner US$ 11.7 Bn by 2032 while recording a CAGR of 5.2% during the forecast period from 2022 to 2032. In addition, the rapid growth of this market can be …
Over 2 million new cases of lung cancer were registered globally by the end of 2021, as reported by the American Cancer Society, Inc. The global lung cancer surgery landscape currently represents a US$ 1 Bn market and will expand at a strong CAGR during the period of projection, 2022 – 2029. A new Future Market …
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According to a recent study done by FMI, the Facial Recognition Market is expected to reach US$ 22.5 billion by 2032, up from US$ 5.2 billion in 2022, expanding at a high CAGR of 15.7%. This study explains that increase in government investments in emerging technologies of CCTV cameras in most public places to minimize criminal …
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A recent clinical study radiation level research with robotic catheterization and normal cardiac intervention procedures reveals that robotic catheterization systems show reduction of ionizing radiation exposure by 95%. This factor will be prominent in pushing the preference for robotic catheterization systems as an effective procedure for catheterization. Projected to reach US$ 42.9 Mn by the end …