According to Future Market Insights (FMI), the India faith based tourism market size is estimated at US$ 1,025.57 million in 2023 at a CAGR of 16.2% from 2023 to 2033. Indian faith based tourism market share in its parent market is about 6% to 11%. Religion-based tourism has been recognized as of significant importance by the Indian government and efforts are being …
Monthly Archives: March 2024
Stream Hosting Market Projected to Hit US$ 16 Billion, 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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Thailand Sustainable Tourism Market Surges with a Predicted 17.8% CAGR by 2032 | FMI
The Thailand sustainable tourism market size is evaluated to reach US$ 24.6 Million in 2022. Sales in the Thailand sustainable tourism market are anticipated to expand at a strong 17.8% CAGR during the forecast years from 2022 to 2032. The Tourism Authority of Thailand (TAT) estimated that the number of foreign tourist arrivals plunged by almost two-thirds …
Artificial Intelligence in Telecommunication Market Set to Reach US$ 14,496 Million by 2033, Fueled by Exponential Expansion
The global artificial intelligence in telecommunications market is anticipated to be valued at US$ 918.6 million in 2022 and US$ 10,399.9 million by 2032, with a CAGR of 27.5% from 2022 to 2032. The acceptance of artificial intelligence in telecommunications is growing as telecom organizations use AI in various aspects of their operations, such as improving consumer loyalty and organizational strength. The use …
Healthcare Contact Center Solution Market: A Projected Surge Towards US$ 49,256.8 Million by 2033
The global healthcare contact center solution market is expected to reach US$ 7,999.6 million by the year 2023. Looking ahead, the market is projected to exceed a value of US$ 49,256.8 million by 2033, with a consistent growth rate of 19.9% annually until 2033. In the recent past, from 2018 to 2022, the healthcare contact center solutions market demonstrated a steady annual growth …
Hall-Effect Current Sensor Market Forecast: Envisaging Steady Surge with 9.4% CAGR by 2032
The market for hall-effect current sensors market is anticipated to reach US$ 1128.0 million in 2022 and increase to US$ 2765.0 million between 2022 and 2032 at a CAGR of 9.4%. Consumer electronics, the automotive industry, and industrial automation are examples of end-use industries where demand is growing. From 2016 to 2021, the market for hall-effect current …
Harmonic Filter Market Surge: Anticipates Strong Growth, Projections Indicate 6.9% CAGR, Targets US$ 1,911.5 Million by 2033
The global harmonic filter market is expected to maintain a consistent annual growth rate of 6.9% throughout the forecast period. This steady progress is anticipated to result in a significant rise in revenue, with the market’s total value projected to reach US$ 977.8 million in 2023. Furthermore, it is forecasted to exceed US$ 1,911.5 million by the year 2033. The filters serve in …
Illuminating Current Measurement: The Optical Current Transformer Market Shines Bright
The world of power grids is undergoing a silent revolution, with traditional current transformers (CTs) making way for a more advanced solution: optical current transformers (OCTs). OCTs utilize the principles of light and magnetism to offer a safe, reliable, and future-proof method for measuring electrical currents. Let’s delve into the current scenario, growth factors, and …
Physical-Digital Integration Market Set to Soar to US$ 15,429 Million by 2032 with a 13.5% CAGR
The global physical-digital integration market is expected to grow at a rapid 13.5% CAGR during the forecast period. The market is anticipated to be valued at US$ 4,342 Million in 2022. The physical-digital integration market is expected to reach a peak of US$ 15,429 million by 2032. Physical-digital integration occurs when physical and digital technology are merged. This procedure is intended to boost …
Power Integrated Modules Market Projected to Reach US$ 5,774 Million by 2032, Riding on an 8.7% CAGR
A power integrated modules market is a physical containment for various power components, mostly power semiconductor devices. These power semiconductors are usually sintered or soldered on a power electronic substrate. The global power integrated modules market is forecasted to be appraised at US$ 5,774 Million by 2032, up from US$ 1,765 Million in 2022, advancing at a …