The location analytics market is anticipated to thrive at a strong CAGR of 14.8% between 2023 and 2033. The market is anticipated to cross a market share of US$ 82.14 billion by 2033, while it is expected to be valued at US$ 20.66 billion in 2023. The increased penetration of smartphone technology and location-based appliances are fueling …
Monthly Archives: March 2023
Voice over Internet Protocol (VoIP) Market is Set to Record a CAGR of 9.8% from 2023 to 2033 | Report by FMI
The Voice over Internet Protocol (VoIP) Market is set to record a CAGR of 9.8% during the forecast period. The market holds a share of US$ 43.92 billion in 2023 while it is anticipated to cross a valuation of US$ 118.86 billion by 2033. The higher adoption of platforms like WhatsApp, Line, and Viber are gaining traction in …
Social Commerce Market is Expand at a 30% CAGR from 2023 to 2033 | Report by Future Market Insights, Inc.
The global social commerce market is expected to reach US$ 945.92 billion by 2023. The adoption of social commerce is predicted to exceed US$ 13,040.3 billion by 2033. According to Future Market Insights, the demand for social commerce would expand at a 30% CAGR between 2023 and 2033. The social commerce industry is experiencing rapid growth, as …
Rapid Technological Advancements and Need for Precision Manufacturing to Boost Industrial Robotics Market at a CAGR of 18.9% during Forecast 2023 to 2033
The worldwide industrial robotics market is supposed to surpass US$ 220 billion toward the finish of 2033, as per Future Market Bits of knowledge (FMI). From 2023 to 2033, the market is supposed to develop at a CAGR of 18.9%. Future Market Bits of knowledge’s new market research on the industrial robotics market incorporates an …
Emergence of E-commerce and Last-mile Delivery Services to Drive Pallet Truck Market to a Valuation of US$ 79.8 Billion by the end of 2032
The pallet truck market is predicted to increase at a 7.5% CAGR between 2022 and 2032, according to the publisher. A complete analysis, market size and forecast, trends, growth drivers and challenges, and vendor analysis are all part of the pallet trucks market study. In the coming years, industrial automation in emerging economies will generate …
Growing Emphasis on Electrical Safety and Quality Control to Boost Electrical Testing Services Market at a CAGR of 7.1% by the end of 2031
The global electrical testing services market is predicted to reach US$ 13.4 billion by 2031, according to a recent FMI analysis. Increased workplace accidents, in conjunction with the implementation of workplace safety regulations, are moving the electrical testing services market ahead. The extensive assessment of the electrical testing services business conducted by FMI reveals important …
Rising Awareness of Fire Safety Measures to Drive Fire Extinguisher Market at a CAGR of 5.5% by the end of 2031
According to a Future Market Insights (FMI) report, the fire extinguisher market is expected to be worth more than US$ 3.6 billion in 2021, rising at a CAGR of 5.7% between 2021 and 2031. Increased industrial and commercial sector uses of fire extinguishers, together with the implementation of stringent regulations and building requirements, are expected …
Surging Demand for High-Precision Industrial Applications to Propel Fiber Laser Market at 11.1% CAGR by the end of 2031
The global fibre laser market is anticipated to be valued US$ 3.1 billion in 2021, with a CAGR of 11.1% between 2021 and 2031. Erbium, neodymium, ytterbium, praseodymium, thulium, dysprosium, and holmium are examples of rare earth elements found in fibre lasers. Previously, carbon dioxide or helium-neon were utilised in gas lasers. Solid state lasers …
Odour Control System Market Is Forecast To Register A CAGR Of 4.7% Between 2022 And 2029: Future Market Insights, Inc.
In 2022, the market for odour control systems is anticipated to be worth roughly US$ 1.19 billion. The overall sales are expected to increase at a moderate CAGR of 4.7% between 2022 and 2029, reaching US$ 1.57 Bn by 2029 due to the increasing adoption of odour control systems for improving air quality levels across …
Aerial Work Platforms Market Poised for Robust Growth with Impressive 6.3% CAGR from 2022 to 2032
From 2022 to 2032, the global aerial work platforms market is expected to grow at a 6.3% CAGR, reaching US$ 9,614.3 million in 2021. The global market is expected to be worth US$ 18,658.0 million by 2032. Manufacturers doing business in China can expect new growth opportunities over the next ten years as the country’s …