The increasing demand for AI-powered customer support services, the global conversational intelligence software market is estimated at US$ 43.2 Billion, while expanding at a 7.2% CAGR from 2022 to 2032. The market is anticipated to garner USD 20.1 Billion in 2021 and USD 21.6 Billion in 2022. Growing demand for AI-based Gartner chatbots is likely to be …
Monthly Archives: November 2022
Context Rich Systems Market is likely to grow at a CAGR of 17.34% through 2032
The global content rich systems market is estimated at US$ 5.1 Billion in 2021 and is projected to reach US$ 5.8 Billion by 2022. The market is expected to reach US$ 24.6 Billion by 2032 while recording a CAGR of 15.5% during the forecast period from 2022 to 2032. As the need for personalized experiences becomes more …
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Lip Powder Market to be US$ 592.1 Mn by 2027 | Future Market Insights
The lip powder market size is estimated at US$ 439.7 Mn in 2022 and is projected to reach US$ 592.1 Mn by 2027, at a CAGR of 6.1% from 2022 to 2027. The share of the lip powder market in its parent market (cosmetics market) is close to ~0.5%-2%. Roughly equating US$ 350 Mn in 2022, the global Lip Powder Market revenue is poised to see an impressive growth …
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Acoustic Insulation Market is likely to garner US$ 22.9 Billion in 2032
The global acoustic insulation market is expected to secure US$ 14.1 Billion in 2021 and US$ 14.6 Billion in 2022. The market is projected to garner US$ 22.9 Billion in 2032 while expanding at a CAGR of 4.6% during the forecast period. Increased affordable capabilities of the middle-class population are expected to have played a major role …
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Customer Revenue Optimization Software Market is to US$ 18.2 Bn in 2032
The global customer revenue optimization (CRO) software market is expected to rise at a CAGR of 7.1% to reach a market valuation of US$ 18.2 Bn by 2032 from US$ 9.2 Bn by 2022. Rising technological advancements, coupled with effective business workflow potential, are key driving forces for customer revenue optimization software market size growth. Furthermore, the rising demand …
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Conversational AI Market is anticipated to reach US$ 40.5 Billion in 2032
According to a recent study by FMI, the conversational AI market is expected to reach US$ 40.5 billion by 2032, up from US$ 8.3 billion in 2022, expanding at a high CAGR of 17.2%. This study explains that the key factors such as rise in demand for AI-based Gartner chatbots solutions are expected to augment the growth …
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Natural Cosmetics Market Analysis and Market Studies for 2027
The natural cosmetics market was valued over US$ 36 Bn in 2019, witnessing a moderate CAGR during forecast period 2019 – 2027. A new study by FMI forecasts that natural cosmetics market will grow at 4.8% in 2019. Key factors fuelling demand for natural cosmetics include, Growing consumer concerns regarding the side effects of chemicals in cosmetics & toiletries Demand …
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Accounts Receivable Automation Market is anticipated to reach US$ 6.6 Billion in 2032
Accounts Receivable Automation Market is expected to reach US$ 6.6 Billion by 2032, up from US$ 2.4 billion in 2022, expanding at a high CAGR of 10.7%. This study explains that the key factors such as growing volumes of financial transactions have led to a need for an efficient cash management system, which in turn fuels …
Inline Quality Control Sensors Market Global Industry Analysis, Size and Forecast 2028
Increasing need for detecting contamination to push the demand for Inline quality control sensors Inline quality measurement enables processes to run with a higher level of control. Changes in the process, caused by raw materials, energy supply, or operational influences, can be detected immediately. Types of inline quality control sensor include Point profile sensors, Line profile sensors, …
Product Dispensing Machinery Market – Global Industry Analysis, Size and Forecast 2028
In recent years there has been an increase in the usage of automated machineries across the globe one such example of equipment is product dispensing machinery. Continuous innovations in the food manufacturing business across the globe have actuated customers towards the acceptance of easily available and ready to eat food items. Consequently, the arrangement of product …