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 …
Monthly Archives: February 2024
Passive Infrared Sensor Market Surges: Global Sales Projected to Reach US$1.3 Billion by 2032
The industry that produces and distributes passive infrared sensors is known as the passive infrared sensor market. PIR sensors are electrical devices that have the ability to identify infrared radiation generated by nearby objects. These sensors are often utilised in many different applications, such as energy management, occupancy detection, automated lighting control, and security systems. With a …
Global Earphone and Headphone Market Soars, Expected to Reach US$198.42 Billion by 2034
The global earphone and headphone market is estimated at US$ 22.3 Bn in 2022, and is projected to close in on a valuation of US$ 35.2 Bn by 2028, expanding at a CAGR of 7.9% over the 2022 to 2028 assessment period. Future Market Insights has recently published a market research report titled “Earphone and Headphone Market – Global Industry Analysis 2013 – 2017 …
Document Outsourcing Services Market Soars: Projected to Hit US$ 11.74 Billion by 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 …
Automotive Repair & Maintenance Services Market Growth to Surge to US$ 1,850 Billion by 2033
According to Future Market Insights, the global automotive repair & maintenance services market growth is expected to be valued at US$ 915.88 billion in 2023. From 2023 to 2033, the market is projected to rise at a CAGR of 7.2% to reach US$ 1,850 billion. The market presents significant market opportunities for key players due …
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 …
Teleprotection Market Soars to US$ 25 Billion in 2023, Anticipates Remarkable Growth to Exceed US$ 182.2 Million by 2033
The global teleprotection market is estimated to capture a valuation of US$ 25 billion in 2023 and is predicted to surpass a valuation of US$ 182.2 Billion by 2033. The market is estimated to rise at a CAGR of 22% from 2023 to 2033. Which Sector Drive the Global Market? The power and energy sector significantly drives …
Bicycle Tires Market Share to Reach US$ 14.6 Billion by 2033
According to the latest report by Future Market Insights, the bicycle tires market share is projected to witness substantial growth, with a Compound Annual Growth Rate (CAGR) of 6.4% from 2023 to 2033. The market is expected to achieve a valuation of US$ 7.8 billion in 2023, and by the year 2033, sales of bicycle …
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Revolutionizing Business Efficiency: Intelligent Enterprise Data Capture Software Market Set to Surpass US$ 21.1 Billion by 2029
The global intelligent enterprise data capture software market is likely to record a total incremental opportunity of ~US$ 14 Bn during the forecast period of 2019 to 2029. In the global intelligent enterprise data capture software market report, FMI has segmented the global intelligent enterprise data capture software market by product type, deployment, line of business, industries, and region. …
Microwave Monolithic Integrated Circuits Market to Soar, Expected to Reach US$ 33,090.3 Million 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 …