New Product Development
The 5G Industrial IOT market revenues were estimated at US$ 890.0 Mn in 2021 and are anticipated to grow at a CAGR of 28.1% from 2022-2032, according to a recently published Future Market Insights report. By the end of 2032, the market is expected to reach US$ 18.8 Bn. 5G Industrial IOT revenue through large enterprises is …
Continue reading “5G Industrial IOT Market is Expected to Reach US$ 18.8 Bn by 2032 | Report by FMI”
The Call Center AI Market is poised to grow at a stable CAGR of 13.5%, reaching US$ 6 Billion by 2032 from US$ 1.3 Billion in 2021. Growing client involvement through social media platforms, as well as increased data collection through the Internet of Things (IoT), social media, and developments in imaging technologies, are major growth factors for the call …
Rigorously increasing population of vehicles is putting astounding pressure on the parking systems and facilities, throughout the world. Continuous surge in the number of vehicles demand for efficient vehicle management systems as well as parking systems. Automated Number Plate Recognition and Detection is an important element of today’s efficient parking systems. Automated Number Plate Recognition and …
As per the analysis of FMI, the dealer management system market is projected to grow from US$ 8.2 Billion in 2022 to US$ 14 Billion in 2032 & is anticipated to have a steady CAGR of 5.5% during the period 2022-2032. The growing investment in dealer management systems, rising acceptance of cloud technology, and the move from paperwork to automation are propelling the dealer …
The worldwide micro display market holds a determined portion of US$ 1267 million of every 2022 and is probably going to outperform US$ 7330 million by 2032, pushing forward with a CAGR of 19.2% during the conjecture time frame 2022 – 2032 The market for Micro Displays is anticipated to witness healthy double digit growth rates in …
The worldwide anti-malware market is driven by technological advancements. Vendors face a difficult burden in continually developing new solutions to safeguard organisations and individual users from a variety of dangerous malware. Anti-malware and anti-virus are sometimes used interchangeably, although the former’s breadth and size covers a range of services not covered by a traditional anti-virus programme. Because …
Continue reading “Anti-Malware Market to Reach Valuation of US$ 28,817.9 Million from 2022 to 2032”
The 3D mapping and modeling market revenues were estimated at US$ 4.4 Bn in 2021 and are anticipated to grow at a CAGR of 13.8% from 2022-2032, according to a recently published FMI report. By the end of 2032, the market is expected to reach US$ 18.2 Bn. The software has applications in various industries which are adopting 3D mapping …
As payment platforms and technologies have gained significant traction in the recent past, NFC technology is among the technologies that are expected to witness growth in the coming years, owing to which the components required for this technology are evolving in a similar manner. NFC Tag ICs are among the components of NFC technology, which are evolving …
The global computer graphics market is estimated at US$ 178.7 Million in 2021 and is projected to reach US$ 188.9 Million by 2022. The market is expected to reach US$ 406.3 Million by 2032 while recording a CAGR of 8% during the forecast period from 2022 to 2032. With the increasing usage of 3D animation and image …
The microwave backhaul system market is assessed to ascend to US$ 1.5 Billion of every 2022 and is probably going to arrive at US$ 4.1 Billion by 2032 with a CAGR of 10.7% during the conjecture time frame from 2022 to 2032. Microwave backhaul systems are used for transferring digital data between two distributed points over a …