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According to newly released data on the access control market analysis by Future Market Insights (FMI), the market will grow at a CAGR of 12.6% from 2021-2031, with revenue totaling US$ 15,371.0 Mn by the end of 2021. Growth has been attributed to rapid technological advancements in the IT & telecom industry. Advanced technologies have become …
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Implementation of radar and LiDAR systems is picking up pace in the railway infrastructure. The rising demand for technologies to control train traffic, track train routs, avoid rail collisions, and detect on-track pedestrian will aid the expansion of the radar and LiDAR technology in railway applications market. It is expected to reach a valuation of US$ …
According to a new market research report by Future Market Insights, the global cotinine screening devices market was valued at ~US$ 429.9 Mn in 2021, and is expected to increase at a CAGR of ~4.7% during the forecast period of 2022-2029. The report scrutinizes the cotinine screening devices market and provides critical insights for the forecast …
Marine Communication Market is forecasted to reach US$ 4,420.7 Mn by 2032 and exhibiting a remarkable 7.8% CAGR between 2022 and 2032. Growing focus on seamless and secure marine communication systems will propel innovation in the ensuing decade 2022-2032, with sales set to post strong gains in 2021, according to a latest study by Future Market …
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Consumer Electronics Market is projected to total US$ 12 Bn in 2021 and expanding at 5.6% CAGR, total revenue is anticipated to reach US$ 17 Bn by 2031 The study reveals that covid-fatigue and launch of new models by consumer electronics companies will induce momentum in consumer electronics market in 2021. Many manufacturers had put off launching new …
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Communications Platform as a Service (CPaaS) Market to reach US$ 46,465.0 Mn by 2031 from US$ 5,283.5 Mn in 2021 The increasing demand for contextual communications that can improve the overall customer experience is expected to propel growth of communications platform as a service (CPaaS) market between 2021 and 2031. The market is projected to witness …
The global massive open online course market is currently valued at around US$ 9.13 Bn, and is anticipated to surge at a CAGR of 16.7% to reach US$ 31.3 Bn by 2030. The massive open online course (MOOC) market accounted for 4% share of the global e-learning market in 2021. The massive open online course (MOOC) market is expanding rapidly due to the rise in demand for …
Expanding at an impressive CAGR of 12.6%, the global digital commerce platform market is projected to surge from a valuation of US$ 3.41 Bn in 2022 to US$ 7.85 Bn by 2029. Digital commerce platforms accounted for 35% share of the global e-Commerce market in 2021. Enterprises are successfully adopting on-premise and cloud-based digital commerce solutions to sustain their businesses as the COVID-19 epidemic …
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ESOMAR-certified market research company Future Market Insights’ (FMI) recently published semiconductor wafers market study projects a largely positive growth trajectory for the 2020-2030 assessment period. The study divulges key dynamics responsible for shaping the future growth prospects of the market. Deepening 5G technology penetration is amongst the primary growth drivers, as business houses and corporates look towards …
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Soaring trend of remote working has influenced FMI to estimate that the global home office spending market will grow at 15.3% CAGR over forecast period, 2020-2030. While remote work software such as virtual reality (VR) conferencing, and mobile work tools will become preferable form of communication – even face-to-face meetings – artificial intelligence (AI) will also play …