The market for battery management systems is projected to expand at a CAGR of 17.8% and reach a value of USD 37715.01 Million by 2032, while it generated USD 7329.28 Million in sales in 2022. The demand for battery management systems is being driven by the widespread use of electric and hybrid vehicles. The need for …
Monthly Archives: July 2023
Emerging Trends and Growth Opportunities in the Biopsy Device Market is expected to have a CAGR of 4.9% by 2033: A Comprehensive Analysis
The Korea Biopsy Device Market is forecast to increase at a CAGR of approximately 4%-4.5% during the forecast period, as per Future Market Insights’ latest analysis. Overall sales of biopsy devices are expected to reach a total of US$ 3.3 Billion by 2033 and Korea will play a significant role in achieving this valuation. Increasing …
Explosive Growth Expected in the Peripheral Intravenous Catheters Market is expected to reach US$ 11.3 Billion by 2032: Emerging Trends
The size of the global Peripheral Intravenous Catheters Market is anticipated to expand steadily throughout the forecast period. Widespread adoption of catheterization procedures in patient inspection, diagnosis, and treatment is likely to fuel the demand for PIVC, which is projected to rise by 9.0% Y-o-Y annually to $18.78 billion in 2032. Growing disease prevalence will …
Web Real Time Communication Solution Market is Slated to Reach US$ 363,320.9 Million by 2033 | Says FMI
In 2023, the demand for web real time communication solutions is estimated to exceed US$ 9,324.4 million and US$ 363,320.9 million by 2033. According to Future Market Insights (FMI), the market will develop at a 44.2% CAGR between 2023 and 2033, as organizations throughout the world show a significant demand for online real time communication solutions and …
Exploring the Lucrative Landscape: Global Radio Frequency Beauty Equipment Market is expected to reach US$ 1.8 Billion by end of 2032
The global Radio Frequency Beauty Equipment Market is predicted to be worth US$ 339.9 Million by the end of 2022, and to grow at a CAGR of 17.9% to be worth US$ 1.8 Billion by the end of 2032. According to a recent report by Future Market Insights, body contouring will be the dominating application in the …
Recordable Optical Disc Market is Expected to Decline at a CAGR of -3% from 2022 to 2029 | Report by FMI
The market for recordable optical disc is anticipated to have a net worth of US$ 2.5 billion in 2022, but it is predicted to see a fall at a CAGR of -3% from 2022 to 2029, reaching an estimated market valuation of US$ 2 billion by the end of 2029. Currently, recordable optical disc sales have a 2.8% market …
The Booming Saudi Arabian Pharmaceutical Market is expected to flourish at a CAGR of 9% by 2032: Opportunities and Trends in a Growing Industry
The global Saudi Arabia Pharmaceutical Market is anticipated to create a phenomenal opportunity by exhibiting an impressive CAGR of 9.6% over the projection period from 2022 to 2032. The market is expected to hold a valuation worth US$ 5,209.5 Million by the end of 2022. The growth of Saudi Arabia’s pharmaceutical market is predicted to …
Digital Transformation in Healthcare Market is Projected to Reach US$ 253.6 Billion by 2033 | Says FMI
The global digital transformation in healthcare market is predicted to be valued US$ 65.2 billion in 2023. The market is estimated to reach US$ 253.6 billion by 2033, growing at a 14.5% CAGR between 2023 and 2033. Digital health has become a popular buzzword as more healthcare facilities and nursing homes incorporate digital health platforms such as …
Smart Camera Market is anticipated to grow at a sturdy CAGR of 25.8% from 2022 to 2032 | Report by FMI
During the forecast period, the sales of smart camera are expected to develop at a robust CAGR of 25.8%. The smart camera market size is expected to be worth US$ 151,187.6 Million by 2032, up from US$ 15,247.6 Million in 2022. Increased adoption of smart cameras across industries, a greater emphasis on safety and security, and a …
Global Mobile Payment Transaction Market to be Worth US$ 1055.36 Billion by 2032: Future Market Insights, Inc.
The mobile payment transaction market is expected to see a CAGR of 34.5% and is projected to increase from US$ 54.47 billion in 2022 to US$ 1055.36 billion by 2032. The demand for mobile payment transaction solutions is being boosted by the expansion of high-speed mobile networks and the proliferation of smartphones. Growing e-commerce companies and the …