The global wearable fitness tracker market is anticipated to reach a valuation of US$ 30,922.1 million in 2024, driven by incorporation of AI and ML. The trend is expected to create new opportunities for the market, leading to a projected CAGR of 15.7% between 2024 and 2034, and reaching a total valuation of approximately US$ 133,218.4 million by 2034. One of the major factors contributing to the growth …
Monthly Archives: December 2023
Global Video Intercom Device Market to total US$ 128,200 million by 2033, rising at a 13.2% CAGR | Future Market Insights, Inc.
According to a Future Market Insights (FMI) report, the market for video intercom devices was estimated to be worth US$ 32,780.7 Million in 2022. It is anticipated that the industry would be valued US$ 37,020.3 Million by 2023. The video intercom device market is going to expand at a 13.2% CAGR over the course of the forecast period, reaching a valuation of US$ 128,200.0 …
GaN Power Devices Market Soars with 23.1% CAGR, Reaching US$ 800 Million by 2027
The Japan GaN Power Devices Market has exhibited remarkable growth, boasting a CAGR of 17.8% from 2012 to 2016. This trend is set to continue, with expectations of a soaring CAGR of 23.1% from 2017 to 2027. In 2017, the market value surpassed US$100 million, and projections indicate it will surge to over US$800 million by the …
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Augmented Reality and Virtual Reality Market is Growing at a Strong CAGR of 42.2% through 2025 | Report by FMI
Future Market Insights has recently published a report on “Augmented Reality and Virtual Reality Market – Global Industry Analysis & Forecast, 2017-2025”. The global augmented reality and virtual reality market was valued at US$ 5,176 Million in 2016 and is expected to register a CAGR of 42.2% between 2017 and 2025. Technology companies, especially, gaming companies are focusing on increasing …
Energy Management System Market is Anticipated to Increase at a CAGR of 14.8% through 2025 | Report by FMI
The global energy management system market was estimated to be worth US$ 6340 Million in 2016 and is anticipated to grow at a CAGR of 14.8% from 2017 to 2025, according to a different market report published by Future Market Bits of knowledge and titled “Energy Management System Market – Worldwide Industry Examination 2012 – 2016 …
Global Commercial Charbroiler Market Driven by a Steady 4.6% CAGR, Expected to Surpass US$ 1,230 Million Valuation by 2033
The global commercial charbroiler market is steadily ascending, promising significant growth. Projections indicate a notable compound annual growth rate (CAGR) of 4.6% during the forecast period spanning from 2023 to 2033. This trajectory paints a compelling picture of a market poised to reach a noteworthy peak value of US$ 1,230 million by 2033, signifying a substantial leap …
Global Food Display Counter Market Surges with a Steady 3.9% CAGR, Expected to Reach US$ 3.27 Billion by 2033 | Future Market Insights, Inc.
The global food display counter market is currently a formidable entity, boasting a significant valuation of US$ 2.23 billion. Nevertheless, it is the future of this market that promises to be truly captivating, with an anticipated compound annual growth rate (CAGR) of 3.9% between 2023 and 2033. By the conclusion of its forecast period in 2033, the …
Global Commercial Hot Dog Cooker Market Aims to Surpass US$ 72.8 Million by 2033, Rising with a Steady 3.6% CAGR | FMI
In the forthcoming years, the global commercial hot dog cooker market is poised for significant growth, with estimations pointing towards a noteworthy increase from its 2023 valuation of US$ 50.9 million to a promising figure of US$ 72.8 million by the year 2033. This growth trajectory is characterized by a Compound Annual Growth Rate (CAGR) of 3.6% …
Global Shawarma Grill Machine Market Rising at an Average 6.7% CAGR, Projected to Reach US$ 1,060.1 Million by 2033| Future Market Insights, Inc.
The shawarma grill machine market has experienced an exceptional upswing in recent years, according to FMI analysts who thoroughly examined the business. The overall market value increased by about US$ 35.7 million between 2022 and 2023. The market experienced a CAGR of 2.9% from 2018 to 2023. The global shawarma grill machine market is currently on a …
Global Electronic Manufacturing Services Market Set to Reach US$859.96 Billion by 2033 – FMI
The global Electronic Manufacturing Services (EMS) market is poised for substantial growth, fueled by the escalating demand and robust sales of consumer electronics. According to the latest market projections, the Electronic Manufacturing Services market is anticipated to reach a valuation of US$ 541,554.4 million by the end of 2023. This market is forecasted to experience a steady …