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According to a recent study done by FMI, the eSports & Games Streaming Market is expected to reach US$ 7.2 billion by 2032, up from US$ 2.3 billion in 2022, expanding at a high CAGR of 11.9%. This study explains that the factors such as growing viewership and increasing popularity are expected to accelerate the market growth …
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According to Future Market Insights, the behavioural biometrics market will generate US$1.1 billion in sales in 2020. (FMI). The overall market is anticipated to develop at a CAGR of 23.6% from 2021 to 2031, reaching approximately US$ 11.2 Bn. The market for behavioural biometrics will continue to grow more quickly, increasing competition among major competitors. According to …
The global valuation of business analytics BPO services market will total US$ 6.2 Bn for 2021, as per the latest Future Market Insights (FMI) study. The market is expected to reach US$ 22.9 Bn, growing at a CAGR of 13.9% between 2021 and 2031. FMI’s newly released data on the business analytics BPO services demand outlook indicates a 12.6% y-o-y growth in 2021. While …
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Future Market Insights (FMI) projects the fiber optic gyroscope (FOG) market demand outlook to remain positive, with sales predicted to surpass US$ 1,413.2 Mn by 2021. Continued use in military and defense applications for missile flight control, dynamic GPS tracking, and ground detection will enable year over year growth at 6.5% in the market in 2021. Advantages in terms of cost, reliability, and complexity …
By 2031, the market for radar and LiDAR technology used in railway applications is projected to be worth US$4.98 billion. Rising investment in the creation of autonomous railway systems along with rising demand for radar and LiDAR technology sensors in nations like India and Indonesia are projected to propel the market. Rail applications heavily rely on radar …
According to the marine communication market analysis by Future Market Insights (FMI), the demand registered in the market will increase at a healthy CAGR of 7.8% from 2022-2032. The report also forecasts that the market will surpass a valuation of ~US$ 4,420.7 Mn by the end of 2022. The international maritime industry consists of a global web …
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The global market for semiconductor wafers is currently valued at US$ 20.19 billion and is expected to grow at a CAGR of 5.7% to reach US$ 31.41 billion by the end of 2030. In 2021, sales of semiconductor wafers represented 12% of the worldwide semiconductor market. The semiconductor wafer, which continues to be a crucial component of …
As per a recent Spain sports tourism market analysis by Future Market Insights (FMI), the Spain sports tourism market size is poised to reach a valuation of US$ 13809 Million in 2022. Sales of Spain sports tourism market are projected to increase at a 13.8% CAGR, with a historic CAGR of 13.4% from 2017 to 2021. Sports tourism in Spain depends not …
The Thailand sustainable tourism market size is estimated to reach US$ 24.6 Million in 2022. Sales in the Thailand sustainable tourism market are expected to grow at a robust 17.8% CAGR during the forecast period from 2022 to 2032. The Tourism Authority of Thailand (TAT) estimated that the number of foreign tourist arrivals plunged by almost two-thirds to 14 million (decline by 65% year-on-year) in …
Magnesium carbonate minerals are witnessing an upsurge in demand, owing to their application in multiple end-use sectors such as pharmaceuticals & personal care and construction. Magnesium carbonate minerals are used to produce raw materials that serve as refractory materials for steel, metallurgy, and ceramic industries. End users such as the chemical industry also use magnesium …
