New Product Development
The 5G Security Market is anticipated to achieve a valuation of US$ 12.5 billion by 2032, growing at a CAGR of more than 26.4% between 2022 and 2032, according to a recent analysis by Future Market Insights (FMI). In 2022, the market is anticipated to be worth US$ 1.2 billion. Throughout the projection period, the …
Continue reading “5G Security Market to be Worth US$ 12.5 Billion by 2032 | CAGR of 26.4%”
Future Market Insights (FMI) predicts that the insurtech market will grow from a meagre market value of US$ 16.6 Billion in 2021 to a net worth of US$ 165.4 Billion in 2032. During the foreseeable period, a CAGR of 25.9% is expected, which is remarkable. There is a high demand for general insurance plans offered …
The embedded finance business is expected to increase its dominance in the global market between 2022 and 2032 at a strong CAGR of 16.4%. By 2032, the market is anticipated to have increased from its present value of $54.3 billion to $248.4 billion. Before that, from 2022 to 2032, the market expanded more quickly, with …
The market for artificial intelligence in call centres is anticipated to expand steadily at a CAGR of 13.5%, from US$ 3.6 billion in 2022 to US$ 6 billion in 2032. Major driving forces for the call centre AI market expansion include increasing client engagement on social media platforms, more data collecting through the Internet of …
Continue reading “Call Center AI Market Size to Reach US$ 6 Billion by 2032 | CAGR of 13.5%”
The global petroleum jelly market is expected to reach a market value of US$ 525.1 million in 2023. This may push the market size to US$ 770.3 million in 2033. The overall market is expected to thrive at 4.2% CAGR. Growing demand for petroleum jelly as UPS and technical in multiple end-use industries such as pharmaceuticals, cosmetics & personal care, food, and …
Continue reading “Demand for Petroleum Jelly Market: An Overview of Key Players and Trends”
Between 2018 and 2028, the market for industrial cleaners is anticipated to expand at a CAGR of 5.2%, reaching a market value of US$32.45 billion. Over the course of the projected period, expansion in a number of manufacturing sectors is anticipated to fuel market growth for industrial cleaners. The industrial cleaners market is highly fragmented owing to …
The global chemical testing services market is predicted to showcase a steady CAGR of 5.4% during the forecast period from 2022 and 2032. The global market is anticipated to reach US$ 29,267.65 Mn in 2022 and is further projected to reach US$ 49,521.5 Mn by the end of 2032. The global chemical testing services market …
The global medical device packaging market is expected to be worth US$ 12,409.8 million in 2023, rising to US$ 20,914 million by 2033. The adoption of medical device packaging is expected to surge at a stable CAGR of 6.1% over the forecast period. The medical device packaging market is experiencing significant growth driven by several key …
Widespread usage of paper in the fast moving consumer goods (FMCG) sector boosts the growth of the paper industry, which eventually leads to escalation of demand for carbonate minerals that are used in manufacturing paper. Registering revenues of more than US$ 53 Bn in 2022, global carbonate minerals market is projected to exhibit a healthy CAGR during the …
The market for cognitive computing will grow at an astonishing 28.7% CAGR between 2022 and 2032. By 2032, the market is expected to have grown from $257.1 billion in 2022 to $3.2 trillion. According to this analysis, important breakthroughs in machine-to-machine technologies, a rise in demand for better customer experiences, and the use of big …
