The market for NFC reader ICs was valued at about US$ 18 billion globally in 2021, and it is anticipated to reach US$ 50 billion by 2032. Additionally, due to growing demand for NFC reader ICs from a variety of industries, including BFSI, healthcare, and media & entertainment, the global market for NFC reader ICs is expected …
Monthly Archives: August 2022
GigE Camera Market is Expected to Exhibit Growth at a CAGR of 9.1% from 2022 – 2032 | Report by FMI
The global GigE camera market is anticipated to develop at a CAGR of 9.1% from 2022 to 2032, reaching US$ 5.8 billion. In 2022, its estimated worth will be US$ 3.5 billion. Sales of GigE cameras are expected to increase in the coming years as a result of these cameras’ capacity to transport data swiftly during certain …
3D Sensor Market is Forecast to Grow at a Prolific CAGR of over 26.0% from 2022 – 2032 | FMI
The global 3D sensor market is expected to reach US$ 2.5 billion in 2022. The overall market is expected to grow at a CAGR of more than 26.0 percent, reaching around US$ 9.0 billion by 2032. The market is expected to be driven by the increasing adoption of 3D sensors across various industries such as automotive and …
Near Field Communication (NFC) Market is Expected to Reach US$ 44.7 Bn by 2032 – Report by FMI
The global near field communication (NFC) market is expected to generate an absolute dollar opportunity of US$ 19 billion by the end of 2022. NFC sales are expected to reach US$ 44.7 billion by 2032, growing at a CAGR of 15% between 2022 and 2032. The market is expected to be driven by increased application in the …
Application Processor Market is Likely to Expand to US$ 53 Billion by 2032 – Future Market Insights, Inc.
The global application processor market was valued at US$ 26.2 billion in 2021 and is expected to grow by 6.6 percent year on year to US$ 27.93 billion in 2022. Because of smartphone adoption and technological advancements, the market is expected to grow to US$ 53 billion by 2032. An application processor is a system on chip …
Millimeter Wave Technology Market is Expected to Grow from US$ 2.03 Bn in 2022 to US$ 76.58 Bn by 2032 | FMI
A staggering CAGR of 39.0% is predicted for the millimetre wave technology market between 2022 and 2032. The millimetre wave technology market is anticipated to increase from US$ 2.03 billion in 2022 to US$ 76.58 billion by 2032, according to FMI. Due to the need for larger bandwidths, millimetre waves are expected to play a major role …
Energy Intelligence Solution Market is Estimated to Showcase Growth at a CAGR of 15.2% from 2022 – 2032
The size of the global market for energy intelligence solutions is anticipated to be US$ 4.6 billion in 2022 and US$ 6.1 billion in 2032. In the forecast period from 2022 to 2032, it is anticipated to demonstrate growth at a CAGR of 15.2%. The Energy intelligence solutions provide an intelligent way to deal with energy crisis. …
3D NAND Flash Memory Market is Expected to Create an Incremental Opportunity of US$ 86 Bn by 2032 | FMI
The global 3D NAND flash memory market is expected to exceed US$ 20.6 billion by the end of 2022 . Sales of 3D NAND flash memory are expected to generate an incremental opportunity of US$ 86 billion by 2032, growing at an exponential CAGR of 17.4 % between 2022 and 2032. The market is expanding due to …
Organic Cosmetics Market is to Grow at CAGR of 5% in 2031 | Impact of COVID-19
The organic cosmetics market to grow at CAGR of 5.0% throughout the forecast period 2021-2031. Natural claims have sparked the sustainability quotient in addition to being significant product purchase drivers when paired with product efficacy claims and brand identity. Customers now demand total transparency from cosmetics producers regarding their sourcing practises, goods, ingredients, and environmental practises. As …
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Flooring and Carpets Market will Grow at a healthy CAGR of over 5% through 2031 | US Holds the Largest Share in the global flooring and carpet
The global flooring and carpet sales will grow at a healthy CAGR of over 5% through 2031, despite a period of muted growth in 2020, according to a latest study by ESOMAR-certified market research firm, Future Market Insights. The study provides a clear analysis of how growth will develop by tracking flooring and carpet sales in more …