The Near Field Communication (NFC) market is poised for substantial growth, with an estimated absolute dollar opportunity of US$ 19 billion by the end of 2022 and projected sales to reach US$ 44.7 billion by 2032, exhibiting a robust Compound Annual Growth Rate (CAGR) of 15% during the forecast period 2022-2032. This surge in market demand is …
Monthly Archives: December 2023
RFID in Pharmaceuticals Market Size, Share & Forecast | US$ 2.2 Billion by 2028
Future Market Insights (FMI), in its new study, finds that the radio-frequency identification (RFID) in pharmaceuticals market was valued at over US$ 1.4 Billion in 2022. RFID in Pharmaceuticals Market is predicted to expand at an impressive CAGR of 7.9% to close in on a valuation of US$ 2.2 Billion by 2028. Prospects remain remarkable for the …
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Cognitive Assessment and Training Market: Rapid Growth Expected, Reaching $3.7 Billion by 2028
The Cognitive Assessment and Training Market is estimated at US$ 1.4 Billion in 2022 and is projected to rise significantly at a CAGR of 17.4% to reach US$ 3.7 Billion by 2028. Future Market Insights (FMI) has recently published a report titled “Cognitive Assessment and Training Market – Global Industry Analysis 2013-2021 and Opportunity Assessment 2022-2028.” Cognitive …
Workstation Market to Surpass the US$ 100 Bn Mark by 2029; Users Continue to Prefer Mobile Workstations, Projects a Future Market Insights Study
Workstations are gaining paramount importance on the back of rising information technology infrastructure. Greater emphasis on enhancing IT operations has bided well for the global workstation market. On that premise, FMI projects the market to hit approximately US$ 100 Bn by 2029 end. “Application optimization, enhanced reliability, and greater performance are highly favored attributes propelling the …
Document Outsourcing Services Market are Expected to Reach US$ 11.74 Bn by 2030 | Document Outsourcing Services Industry Development, Analysis and Demand 2030
Prominent market research company Future Market Insights infers that the global document outsourcing services market shall expand at a CAGR of 6.3% between 2022 and 2030. The COVID-19 outbreak has compelled business organizations to institute remote working arrangements, requiring remote communication, preparation of paperless documents, tax filings and payroll processes. All these procedures have compelled companies to …
Mindfulness Meditation Application Market is Expected to Reach a CAGR of 9.5% from 2022-2030 | Future Market Insights, Inc.
The market for mindfulness meditation applications is anticipated to grow at a 9.5% compound annual growth rate (CAGR) to reach US$ 397.9 million by 2030 and US$ 192.7 million in valuation in 2022. The need for stress relief has increased interest in meditation techniques in recent years, which has made it profitable for mindfulness meditation software to …
Microwave Monolithic Integrated Circuits Market Soars: $33.1 Billion Forecast by 2033
With a compound annual growth rate (CAGR) of 12.2% from 2023 to 2033, the microwave monolithic integrated circuits market is projected to reach US$ 10,434.9 million in 2023 and US$ 33,090.3 million by 2033. Because microwave monolithic integrated circuits are predominantly used to carry out government-sponsored operations connected to military applications, demand is predicted to increase between …
Electronic Toll Collection Market to Expand at 10.6% CAGR, Reaching US$ 34.26 Billion by 2033 | Future Market Insights, Inc.
By the end of the year 2022, the total revenue generated by the electronic toll collection market was figured out to be around US$ 11.43 billion. Over the forecasted period from 2023 to 2033, the worldwide demand for electronic toll collection systems is expected to register a CAGR of 10.6%. The global electronic toll collection market size is expected …
Asian Document Imaging Market With A CAGR Of 14.1% During 2022-29 | Future Market Insights
China is set to register exponential growth in the Asian document imaging market with a CAGR of 14.1% during 2022-29. China market is anticipated to create an absolute dollar opportunity of US$ 9,600 Mn during 2022-29. The Document Imaging Market size is expected to grow from US$ 119.7 Bn in 2022 to US$ 267.7 Bn by 2029, likely to surge at a vigorous …
Stream Hosting Market Poised for US$ 16 Billion, Anticipating 14.8% CAGR by 2032
The global stream hosting market is expected to expand at a 14.8% CAGR, with the market valuation reaching US$ 4 Billion in 2022. As per the report, the global stream hosting market size will reach US$ 16 Billion by 2032. The incorporation of advanced technologies in the digital media industry is anticipated to drive sales in the market. Additionally, the …
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