New Product Development
In 2022, the market for digital health-tracking apps was valued at US$ 13,943.7 million. In 2023, it is estimated to be worth US$ 15,904.1 million. The global market is anticipated to reach US$ 77,489.3 million by the end of 2033. It is projected to expand at a CAGR of 15.6% throughout the estimated time frame. Digital …
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By 2032, it is anticipated that the global revenues from GNSS IC sales would be worth US$ 645.0 million. From 2022 to 2032, it is projected to increase steadily at a CAGR of 6.0%. In 2022, the global market was valued at more than US$ 361.0 million. Today, a specific multinational group of satellites transmit signals from orbit and provide …
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The green electronics manufacturing market is expected to increase from US$ 17.36 billion in 2023 to US$ 177.01 billion in 2033. Industrial Applications are Likely to Make Substantial Usage of the Electronics Manufacturing Market With the environmental revolution on the rise, electric motor controls are demanding more efficiency from industrial motors. Additionally, increased integration at the lowest …
By 2032, size of the global fog computing industry is anticipated to be US$ 2.2 billion. It is set to increase steadily between 2022 and 2032 at a CAGR of 27.0%. In 2022, the global market was valued at US$ 196.6 million. Fog computing is a type of computational infrastructure that includes additional computer, memory, and networking components that are …
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The Internet of Robotic Things (IoRT) market revenue was estimated at US$ 21.4 billion in 2022 and is anticipated to grow at a CAGR of 25.6 % from 2022 to 2032. By the end of 2032, the IoRT market is expected to reach a valuation of US$ 210 billion. The service sector segment will dominate the market …
The global smart water metering market size is set to reach US$ 3695.82 million in 2023. Overall sales of smart water metering are likely to surge at 10% CAGR, taking the forecasted market valuation to US$ 9586.02 million by the end of 2033. The demand for efficient water usage is rising worldwide, fueled by the threat of water scarcity due …
The head-mounted display market is going to continue to advance at a CAGR of 25.9% between 2023 and 2033. The HMD market is projected to climb from US$ 15.12 billion in 2022 to US$ 151.29 billion by 2033. The head-mounted display (HMD) is a pair of high-tech goggles. Many attachments, such as a controller, sensor, and camera, are integrated …
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Customer interaction solutions that utilize emotional AI-related technologies in retail and healthcare verticals are helping to propel the market growth for affective computing. The development of virtual assistants for entertainment and healthcare applications is also contributing to the market growth of affective computing in general. The growing number of psychological disorders and the growing demand for …
According to Future Market Insights’ recently published 5G IoT industry analysis report, the global 5G IoT market generated US$ 2.6 billion in revenue in 2021. From 2022 to 2032, the market is anticipated to grow by 33.5%. The 5G Non-Standalone segment, with a projected growth of 31.8% from 2022 to 2032, is anticipated to be the …
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According to Future Market Insights’ most recent report, the global market for 3D audio will generate US$6.6 billion in sales in 2021. The market is expected to grow by 15.3% from 2022 to 2032. Commercial end-use is anticipated to generate the most revenue from 3D audio end-use, with a potential market opportunity of almost US$ 16.2 billion …