The identity as a service market is projected to experience significant growth, going from US$ 9.5 billion in 2023 to a substantial US$ 135.0 billion by 2033. This impressive expansion is forecasted to occur at an annual growth rate of 30.4% from 2023 to 2033. Identity as a service embeds Identity and Access Management (IAM) capabilities …
Monthly Archives: November 2023
IoT in Manufacturing Market Continues to Surge with a 14.7% CAGR, Aiming for US$ 948.6 Billion by 2033
The IoT in the manufacturing market is poised for significant growth, with a projected steady Compound Annual Growth Rate (CAGR) of 14.7% over the forecast period. In 2023, it is expected to generate revenues of around US$ 265.2 billion, and by 2033, this market is forecasted to surpass an impressive value of US$ 948.6 billion. …
Application Processor Market’s Journey: US$ 53 Billion in Sight by 2032, Propelled by a Robust CAGR of 6.6%
The application processors market generated US$ 26.2 billion in 2021 and is anticipated to grow 6.6% year over year to reach US$ 27.93 billion in 2022. Due to smartphone penetration and technological developments, the market is anticipated to reach US$ 53 billion by 2032. Regarding revenue share, the top five smartphone application processors in 2021 were Apple, Intel, Qualcomm, MediaTek, …
Buy Now Pay Later Platform Market Surges with a 22.8% CAGR, Propelling it to a US$ 70.9 Billion Industry by 2033
The buy now pay later platform market size is expected to grow from US$ 9.1 Billion in 2023 to US$ 70.9 Billion by 2033, at a CAGR of 22.8% from 2023 to 2033. E-commerce Market Offers Consumer Diverse BNPL Options E-commerce expansion has enabled easy access to BNPL options for the customer. Currently, e-commerce consumers have the …
Data Center Market Surges with Unprecedented Growth: Anticipates a Remarkable 7.5% CAGR, Reaching a Projected Value of US$ 209.8 Billion by 2032
The global data center market was expected to register an impressive growth rate of 7.5% across the forecast period from 2022 to 2032. The market garnered a valuation of US$ 101.79 Billion in 2022 and is expected to accumulate a market value of US$ 209.8 Billion by 2032. According to the historic period ranging from 2017 to …
Digital Commerce Platform Market: Surging at an 18.2% CAGR, Expected to Attain US$ 51.16 Billion by 2033
The global digital commerce platform market is anticipated to grow from a value of US$ 9.61 billion in 2023 to US$ 51.16 billion by 2033, booming at an astounding CAGR of 18.2%. The usage of a digital commerce platform, also known as an e-commerce platform, is used for conducting online and mobile commerce transactions for the sale …
Breathable Lidding Film Packaging Market Value Soars to US$ 1,180 Million by 2033: In Depth Study Analysis
According to forecasts, the Breathable Lidding Film Packaging Market is expected to be US$ 598.82 million in 2023 and US$ 1,180 million by 2033. Breathable lidding films are particularly valuable for various product types and storage conditions, effectively enhancing the product’s longevity. As a result, there is a growing market demand for these innovative packaging solutions, especially …
RegTech Market Soars with 16.2% Growth, Poised to Hit US$ 45.3 Billion by 2032
The regtech market revenues were estimated at US$ 8.2 Billion in 2021 and are anticipated to grow at a CAGR of 16.2% from 2022 to 2032, according to a recently published Future Market Insights report. By the end of 2032, the market is expected to reach a valuation of US$ 45.3 Billion. Market revenue through cloud-deployed RegTech grew …
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Corrugated Fiberboard Market Size Rising to US$ 187.9 Billion by 2033: In Depth Industry Analysis
The corrugated fiberboard market is set for significant expansion between 2023 and 2033, with a forecasted average Compound Annual Growth Rate (CAGR) of 5.9%. In 2023, the market is expected to commence at a valuation of US$ 105.9 billion, and by the year 2033, it is projected to claim a substantial market share of US$ 187.9 billion. …
Japan’s Tourism Market on a High-Growth Trajectory, Forecasting US$ 559,470 Million in 2033 with a Strong 7.6% CAGR | FMI
It is projected that the Japan tourist industry would experience remarkable expansion, with a double-digit compound annual growth rate of 7.6 between 2023 and 2033. By the end of 2023, it is anticipated that tourism to Japan will bring in US$ 208,926 million worldwide. Long-term tourism to Japan is projected to reach approximately US$ 559,470 …