Global smart home devices sales is expected to grow at a healthy CAGR of over 18% during the study forecast period 2021-2031, despite a period of less growth in 2020, according to a latest study by ESOMAR-certified market research firm, Future Market Insights. The research study tracks smart devices sales in 20+ countries, offering a lucid analysis …
Monthly Archives: November 2022
GaN Power Devices Market is expected to display a CAGR of 24% during the forecast period-FMI
Gallium Nitride (GaN) is the material, which is used for the manufacturing of semiconductor power devices as well as light emitting diodes and RF components. GaN has demonstrated the capability to be the displacement technology for silicon semiconductors in power conversion, analog applications and RF. A report triggered by Future Market Insights (FMI) states that …
Augmented Reality and Virtual Reality Market is likely to secure a CAGR of 40% through 2032
Future Market Insights has recently published a report on “Augmented Reality and Virtual Reality Market – Global Industry Analysis & Forecast, 2017-2025”. The global augmented reality and virtual reality market was valued at US$ 5,176 Mn in 2016 and is expected to register a CAGR of 42.2% between 2017 and 2025. Technology companies, especially, gaming companies are focusing on …
Transportation Predictive Analytics And Simulation Market is predicted to be worth US$ 3,916.6 million by 2027
In real time, connected cars can produce data about traffic flow, engine performance, etc., according to a report by Future Market Insights. Predictive analytics and simulation for transportation can be used to extract this data, improving analysis of transportation authority. Predictive analytics and simulation for transportation were valued at US$ 1,550.0 million in 2016; by …
IP Multimedia Subsystem (IMS) Market is expected to grow to nearly US$ 50.4 billion by 2026
Future Market Insights (FMI) recently published a report on the global market for IP multimedia subsystems, findings from which assert that the market will surge at an impressive pace over the forecast period (2016-2026). Demand for IP multimedia subsystem is anticipated to grow at a pronounced rate and bring in US$ 50,347.4 Mn in revenues …
Mobile Application Market is expected to rise at a CAGR of 9.6% to US$ 96,128.2 Million in 2026
The history of mobile applications comprises key milestones such as the origin & prediction of the “mobile application” concept, the home screen era, services for mobile applications, and the information application approach. The inclination of urban population toward smartphones and mobile apps is greater than the rural population. Moreover, the urban population is increasing rapidly …
Event Management Software Market is anticipated to reach a high of US$ 28.98 billion by the year 2032
A recent market study published by Future Market Insights on the event management software market includes a global End-user analysis for 2016-2020 and prospect examination for 2022-2032 and delivers a comprehensive assessment of the most important market dynamics. After conducting thorough research on the historical as well as current development parameters, the development prospects of the …
Simulation and Test Data Management Market projected to gain from the growing need for reliable-FMI
The report predicts the global simulation and test data management to expand from US$ 525.5 Mn in 2021 to US$ 2.06 Bn by 2031. In the past few years, the simulation and test data management market has gained immensely due to improvements in cloud deployment model and technology. The demand for test data simulation software, which can …
PCB Design Software Market is projected to surge at a high CAGR of 14.9%-FMI
Asia Pacific excluding Japan is anticipated to remain at the forefront, offering high growth opportunities for players in the PCB design software market. PCB designers in this region continue to pack more components into ever smaller volume areas, putting pressure on smart design tools and precise simulation, thereby increasing the need of flexible PCBs. The global PCB …
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Thermal & Inkjet Disc Printers Market CAGR of -5.8% in the forecast period from 2022 – 2032
As per a new market report distributed by Future Market Insights named “Thermal & Inkjet Disc Printers Market: U.S., Europe and Japan Industry Analysis and Opportunity Assessment, 2016-2026″ the U.S., Europe and Japan Thermal & Inkjet Disc Printers market was esteemed at US$ 929.6 Mn in 2015, and is relied upon to enroll a declining …