Over the forecast period of 2022-2032, the advance driver assistance system market is expected to grow at a CAGR of 9.6% to reach a valuation of US$ 131,069.1 Mn by 2032. Almost all vehicles accidents are caused by human error, which can be avoided with advance driver assistance system (ADAS). The role of ADAS is …
Monthly Archives: July 2022
Digital Transformation in Healthcare Market Outlook, Current and Future Industry Landscape Analysis 2031
The healthcare industry continues to develop, from the adoption of telemedicine to the use of robotic procedure automation (RPA) to improve patient understanding. A new study from Future Market Insights (FMI) shows that the advent of innovative technologies will enable patients to receive improved care with the help of virtual reality, wearable devices and other …
Driver Monitoring System Market Size, Analysis, Top Players, Target Audience and Forecast to 2032
Over the forecast period of 2022-2032, the driver monitoring system market is expected to grow at a CAGR of 7.5% to reach a valuation of US$ 8,770.9 Mn by 2032. The driver monitoring system market will gain from the surging demand implementation of stringent regulations mandate the use of advanced technology like driver monitoring system …
Automatic Emergency Braking Market Key Insights, Profiling Companies and Growth Strategies by 2032
Over the forecast period of 2022-2032, the automatic emergency braking market is expected to grow at a CAGR of 8.0%, exceeding US$ 63,591.7 Mn by 2032. Growing passenger vehicle fleet in East Asia will fuel significant growth in the reginal automatic emergency braking market. This is expected to rise at a CAGR of 10.2% over …
Cargo Bike Market Competitor Analysis, Winning Strategies and Growth Driver 2031
The global demand for cargo bikes is expected to rise at 10.8% year-on-year in 2021 with sales reaching over US$ 900 million. Future Market Insights (FMI) projects the cargo bike market to grow at 11.6% CAGR between 2021 and 2031. With the rise of e-commerce operations, logistical flows are witnessing significant expansion, creating transport and time-sensitive operational challenges. According to a recent report …
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Electric Kick Scooter Market Key Players, Industry Overview, Applications and Analysis 2031
The electric kick scooter market will register soaring growth in 2021 with global revenue projected to be up by 9.8% year over year. As per Future Market Insights analysis, electric kick scooter sales will nearly triple between 2021 and 2031, reaching US$ 6.5 billion in 2031 at a ten-year compound annual growth rate (CAGR) of 11.5%. Some of the leading …
Electric Cargo Bike Market Trends, Growth, Future Demand, Analysis and Forecast by 2031
With increasing investments in the expansion of transport infrastructure to meet the growing need of the global population, the electric cargo bikes market is anticipated to surge at an impressive pace. According to Future Market Insights (FMI), the global electric cargo bike market is projected to expand exponentially at CAGR of around 11% over the forecast period …
Internet of Everything Market is Expected to Increase from US$ 1,074.1 Bn in 2022 to US$ 3,335.1 Bn by 2030
The Internet of Everything (IoE) Market is expected to witness moderate growth, registering a 15.2% CAGR during the forecast period (2022-2030) and projected to reach US$ 1,074.1 Bn in 2022 and US$ 3,335.1 Bn by 2030 Vineet Kumar, a consultant at FMI, said, “Proliferation of connected devices, increased technology budgets by leading countries such as Finland and …
Automotive Tuner Market Size, Share, Growth Trends, and Forecast Analysis to 2031
The demand for performance improvement of ageing vehicles is projected to drive the automotive tuner market. The global automotive tuner market is set to be valued at US$ 601.4 Mn in 2021, according to latest insights from Future Market Insights (FMI), an ESOMAR-certified research and consulting firm. It offers analysis in 20+ high-growth markets, providing detailed insights …
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Tourism Industry Big Data Analytics Market is Being Widely Adopted across the Travel and Tourism industry to acquire pertinent insights
The Big Data helps in analysing the traveller trends by collecting the information from different consumer centres and developing a specific marketing strategy for the target audience. Big Data technologies such as Hadoop and cloud-based analytics provide ample data storage space and presents information collected from a wide range of sources in a structured manner. Over the …