The e-discovery market is expected to grow from US$ 9,528.6 million in 2022 to US$ 18,067.3 million in 2030, at an astounding 8.3% CAGR. E-Discovery vendor solutions are projected to disrupt the judicial system by transforming how legal firms operate. The market is expected to expand as more electronically stored information (ESI) of multiple documents is required for the identification …
Monthly Archives: November 2023
Global Endoscopic Closure Systems Industry Segment is poised for a stable 6.3% CAGR from 2023 to 2033
The global endoscopic closure systems industry sales are expected to be valued at US$ 309.2 million in 2023, exhibiting a CAGR of 6.3% at US$ 570.2 million from 2023 to 2033. The endoscopic closure systems industry expanded at a CAGR of 4.1% from 2018 to 2022. Growing demand for endoscopy to identify and treat target …
Global Electric Acupuncture Devices Industry, With Healthcare Professionals at the Helm, Anticipates a 7.1% CAGR from 2023 to 2033, Signaling Prosperity | FMI
The global electric acupuncture devices industry is projected to be worth US$ 13.9 million in 2023 and US$ 27.5 million from 2023 to 2033, capturing a CAGR of 7.1%. The electric acupuncture devices industry is anticipated to expand significantly in the upcoming years due to rising demand for non-invasive treatments and rising public awareness of …
Multi Cloud Storage Market Witnesses Exceptional Expansion, Predicted to Reach US$ 111,326.6 Million by 2032 at a Solid 16.7% CAGR
The global multi-cloud storage market is projected to reach a value of approximately US$ 111,326.6 million by the year 2032. This is a significant increase from its value of US$ 23,711.4 million in 2022. The market is expected to grow at a CAGR of 16.7% throughout the forecast period. Several enterprises are expected to increase …
Coiled Tubing Market Grows Steadily at 4% CAGR, Envisages a Valuation of US$ 2.77 Billion by 2033
The global coiled tubing market is projected to reach a substantial value of US$ 2.77 billion by the year 2033, with a consistent annual growth rate of 4% anticipated from 2023 to 2033. In 2023, the market is expected to be valued at US$ 1.87 billion. The coiled tubing market is experiencing substantial growth due …
NFC Reader ICs Market Set to Exceed US$ 50 Billion by 2032, Propelled by a Noteworthy 14.5% CAGR
The global NFC reader ICs market refers to the industry that manufactures and distributes ICs built specifically for NFC reader applications. NFC is a wireless communication technique that allows devices to connect by bringing them together in close proximity, often within a few millimeters. The global market for NFC reader ICs is predicted to exceed US$ …
Tourists Virtual Reality Headsets Market Surges Towards a US$ 994.4 Million Future in 2033 | FMI
The market size for tourists virtual reality headsets was valued at US$ 610.0 million in 2023, and it is anticipated to grow at 5.0% annually to reach US$ 994.4 million by 2033. The tourism industry has witnessed significant advancements in recent years and one of the notable developments is the integration of virtual reality (VR) technology. Virtual reality headsets offer immersive and interactive …
Data Conversion Services Market Soars with a Projected 30.1% CAGR, Envisioning a US$ 540795.08 Million Market Share by 2032
The data conversion services market refers to the industry that provides data conversion services from one format to another. In today’s digital age, businesses amass massive amounts of data in a variety of formats, including physical papers, paper files, analog media, and incompatible digital file types. The market for data conversion services is estimated to …
Next Generation Network (NGN) Equipment Market Surges Towards US$ 65,788 Million by 2032, Fueled by an Impressive 8.3% CAGR
The next generation network (NGN) equipment market is anticipated to reach US$ 65,788 million by 2032, up from US$ 29,544 million in 2022, growing at a CAGR of 8.3% during the forecast period. The need for next-generation network technology is growing as traditional telecom operators adopt more strategies than ISP to operate by consumer needs …
Europe Destination Wedding Market to Hit US$ 56.3 Million by 2033, Embarking on a 19% CAGR Adventure | FMI
The market for destination weddings in Europe is anticipated to reach US$ 56.3 million by 2033, from an estimated US$ 9.9 million in 2023. Between 34% and 38% of the world’s destination wedding market is made up of weddings in Europe. The deep penetration of social media governs regional market growth. Websites and programs facilitating communication, engagement, community-based input, collaboration, and content-sharing are …