The most recent statistics by FMI indicate that the museum tourism market could be worth around US$ 25.2 billion in 2023. However, the market outlook is much more intriguing as FMI projects a phenomenal CAGR of 11.5% from 2023 to 2033. By 2033, this business is expected to rise to a staggering US$ 74.8 billion in value bringing the global …
Monthly Archives: March 2024
Business Process as a Service (BPaaS) Market: Surging with an 11.2% CAGR, Forecasts a Sturdy Valuation of US$ 500,552.0 Million by 2033
The global business process-as-a-service (BPaaS) market is projected to reach a value of US$ 172,626.0 million in 2023. This demand for BPaaS is expected to grow steadily at a compound annual growth rate (CAGR) of 11.2%, reaching a market value of US$ 500,552.0 million by 2033. This growth is mainly driven by the increasing adoption of BPaaS …
Global Membrane Filter Cartridge Market Projected to Reach US$ 3300 Million by 2032
The global membrane filter cartridge market is on a trajectory of rapid growth, with a projected size of US$ 3300 million by 2032, according to recent market analysis. The market, which was valued at US$ 2042 million in 2022, is estimated to expand at a CAGR of 4.5% during the forecast period from 2022 to …
Digital Freight Management Market: Projected to Surpass US$ 34,559.8 Million by 2032 with a Strong 9.4% CAGR
The global digital freight management market is projected to reach a value of US$ 34,559.8 million by the year 2032, a significant increase from the US$ 14,083.5 million it was valued at in 2022. This growth is expected to occur at a Compound Annual Growth Rate (CAGR) of 9.4% over the forecast period. Several factors are contributing to this …
Mountain and Ski Resorts Market Forecasted to Exceed US$ 50.4 Billion, Riding High on a 12.3% CAGR Surge Until 2033 | FMI
The mountain and ski resorts market is anticipated to be valued at US$ 15.8 billion in 2023 and is projected to reach US$ 50.4 billion by 2033 and is expected to increase at a CAGR of 12.3% from 2023 to 2033, according to recently released research from Future Market Insights (FMI). During the forecast period, the mountain and ski …
Banking-as-a-Service (BaaS) Platform Market Envisions US$ 16,715.3 Million Impact, 16.2% CAGR by 2033
The banking-as-a-service (BaaS) platform market reached a value of US$ 3,240.6 million in 2022. With steady progress, the market is predicted to reach US$ 3,713.7 million in 2023 and is poised to surge to a substantial value of US$ 16,715.3 million. Expected to maintain a CAGR of 16.2% from 2023 to 2033, the evolution of BaaS platforms is set to …
Global Feline Atopic Dermatitis Treatment Market Expected to Reach US$ 7 Billion by 2032, Reports Future Market Insights
Future Market Insights (FMI) has released a comprehensive report on the global feline atopic dermatitis treatment market, projecting a positive 4.5% Compound Annual Growth Rate (CAGR) during the assessment period of 2022-2032. The market, which was valued at US$ 5 billion by the end of 2022, is expected to surge to US$ 7 billion by …
Hostel Market on the Rise: Aiming for US$ 12.1 Billion by 2033 with a 10.20% CAGR | FMI
In 2023, the hostel market is predicted to be worth US$ 4.6 billion. The market is expected to reach US$ 12.1 billion by 2033, growing at a CAGR of 10.20% between 2023 and 2033. Several factors contribute to the development and popularity of the hostel industry among tourists. Furthermore, the proliferation of Internet booking platforms and …
Advanced Distribution Management Systems Market Set to Hit US$ 12,102 Million by 2029 at 20% CAGR
The advanced distribution management systems market is predicted to reach US$ 12,102 Million by 2029 and show a remarkable 20% CAGR between 2022 and 2029. Advanced distribution management systems have significantly benefitted users looking for efficient data security, higher reliability, improved power distribution, and flexibility in restoring normal functions after a natural disaster. These systems supply situational intelligence that ensures efficient …
Home Automation Sensors Market to Witness 16.6% CAGR, Reaching US$ 533,117.7 Million by 2033
The global home automation sensors market is predicted to reach a value of approximately US$ 114.4 billion in 2023. This growth is driven by the increasing focus on quick and convenient automation for controlling household appliances and electrical outlets with just a simple touch. Home automation sensors are equipped with advanced security features that enhance the safety …