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Demand for telecom mounting hardware is expected to reach US$ 562 billion in 2022, an increase of 4.1% year over year from 2021. From 2022 to 2032, the market is anticipated to expand at a CAGR of 4.8% and reach a value of US$ 900 billion. In addition to its components, such as cables, cabinets, and routers, …
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In 2022, the market for data-driven retail solutions had revenues of $20,433.2 million. The market for data-driven retail solutions is anticipated to increase at a CAGR of 11.8% from 2023 to 2033, reaching US$ 61,427.8 million. Data-driven retail solutions assess every aspect of the business to analyse the marketplace, enhance workflows, and develop successful and efficient retail …
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The sound sensor market refers to the industry that provides devices and systems for detecting and measuring sound waves. Sound sensors are used in a wide range of applications, including environmental monitoring, industrial process control, home automation, and security systems. In 2022, the sound sensor market generated $1,421.2 million in sales. The market is anticipated to increase …
The estimated market revenue for invoice processing software in 2022 is US$22 billion. The market is anticipated to increase at a CAGR of 18% from 2023 to 2033, when it is predicted to reach US$ 25.3 billion. Businesses place increasing importance on automating accounts payable. The day is slowly approaching when an organization’s tactical back-office function of …
In 2022, the market for software licence management produced $2,200 million. According to projections, the SLM market would reach US$ 6,004 million by 2033, expanding at a CAGR of 14.6% from 2023 to 2033. Software licencing management solutions are used by companies of all sizes in the twenty-first century, from tiny start-ups to massive international conglomerates, to …
The global virtual classroom market is estimated to usher in a new era of technology and virtual learning services, with a projected CAGR of 15.5% from 2023 to 2033. According to the FMI study on the market analysis for virtual classrooms, the market’s net worth is projected to increase from the current 2023 valuation of US$ 11.88 …
The market for fingerprint biometrics generated $20.3 billion in revenue in 2022. The market is anticipated to develop at a CAGR of 11.6% from 2023 to 2033, reaching US$ 67.1 billion. Advanced algorithms employed in fingerprint biometrics technology allow users to quickly authenticate themselves on applications or open devices. Consumer electronics, government and law enforcement, aerospace, healthcare, …
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The facial tracking solution market refers to the industry that provides technology and services for tracking and analyzing human faces. This technology is used in various applications, such as security and surveillance, marketing and advertising, and entertainment. Facial tracking solutions can detect and recognize facial features, emotions, and movements, and use this information to provide …
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In the current market scenario, prominent manufacturers are focusing on R&D activities for developing smart sub-meters in order to cater to several applications. Smart sub-meters help reduce electrical leakages and power cuts, and provide accurate consumption data to customers. Global value of the electric sub-meter market was US$ 9.74 Billion in 2021, and is projected to …
A new Future Market Insights (FMI) study suggests that the CBRN Protection Equipment Market is expected to reach US$ 5,717.0 Million in 2022, likely to surge at a vigorous 5.5% CAGR during the assessment period. The greater emphasis of governments on enhancing the safety of military forces constitutes a major push for to global sales of CBRN protection equipment. Increasing …