New Product Development
According to the conclusions of the FMI research, during the projected period, the global catalog management systems market is estimated to increase at a CAGR of 8%, from USD 1.3 billion in 2021. Rising consumer demand for items, expanding internet access, and increasing smartphone prevalence are likely to fuel catalog management systems market expansion, acting as a stimulus for catalog management …
Continue reading “Catalog Management System Market CAGR of 8%, reaching US$ 3 Bn by 2032”
According to the South Korea Intellectual property (IP) market analysis by Future Market Insights (FMI), demand in the market will increase at an impressive CAGR of 17.8% from 2022-2032. The market valuation will reach nearly 4,657.2 Mn by 2032. The report states that the market is expected to reach a valuation of US$ 0.9 Bn in 2022. Increasing adoption of IP in the …
The global chatbot market is anticipated to reach a valuation of US$ 4.2 Bn by 2032 from US$ 580.3 Mn in 2022, rising at a CAGR of 21.8% throughout the forecast period. In 2020, the chatbot market was projected to have a modest slowdown due to the worldwide shutdown. The COVID-19 epidemic has shook almost every business, causing a surge …
According to a recent study conducted by Future Market Insights, the application virtualization market is expected to reach US$ 13.2 billion by 2032, up from US$ 3.8 billion in 2022, expanding at a high CAGR of 13.1%. This study explains that an increase in the implementation of third-party platform by business for implementation of applications is a …
According to a recent study conducted by Future Market Insights, the application virtualization market is expected to reach US$ 13.2 billion by 2032, up from US$ 3.8 billion in 2022, expanding at a high CAGR of 13.1%. This study explains that an increase in the implementation of third-party platform by business for implementation of applications is a …
The business intelligence market is expected to rise at a CAGR of 7% throughout the forecast period. The valuation of the business intelligence market is projected to reach US$ 52.6 Bn by 2032 from US$ 26.7 Bn in 2022. The demand for business intelligence is predicted to rise as a result of various factors such as an increased focus on digital …
Continue reading “Business Intelligence Market CAGR of 7.0% between 2022 and 2032”
The global geomechanics software and service market is calculated at US$ 1526 Mn in 2021 and is projected to reach US$ 1766 Mn by 2022. The market is anticipated to reach US$ 3437.2 Mn by 2032 while recording a CAGR of 6.9% during the forecast period from 2022 to 2032. A government initiative that combines safety concerns …
According to a recent study done by FMI, the Fiber Optic Connectivity Market is expected to reach US$ 7.0 billion by 2032, up from US$ 2.8 billion in 2022, expanding at a high CAGR of 9.6%. This study explains that the demand of fiber optic technology in various industrial sectors and in submarines and aircrafts sectors influence …
The bot security market is expected to reach US$ 2.5 Bn by 2032 from US$ 487 Mn in 2022. The market is predicted to grow at a CAGR of 17.6% throughout the forecast period. The rise in bad bot traffic, increasing sophistication of botnet assaults and loss of revenue for firms, traffic shift from mobile to web, …
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The blockchain market is expected to advance at a CAGR of 34.1% throughout the forecast period, from US$ 8.3 Bn in 2022 to US$ 155 Bn in 2032. As per the global blockchain market study, the demand for cryptographic ledger solutions to increase due to increased identity and data theft activities. To protect end-user financial data and identity, BFSI …
Continue reading “Blockchain Market growth rate of 34.1% Y-o-Y to US$ 155 Billion in 2032-FMI”