The global 5G Chipset Market is slated to witness an unprecedented surge, with a projected annual growth rate of 25.5% Year-on-Year (Y-o-Y), reaching a staggering valuation of US$180.0 billion by 2032. This astronomical growth is substantiated by several key factors. The escalating demand for cellular Internet of Things (IoT) connectivity, coupled with an increasing need for high-speed …
Monthly Archives: March 2024
Rising Demand for Clean Water Drives Global Water Treatment System Market to US$ 1,28,230 Million by 2033 (CAGR 6.2%)
The global water treatment system market is poised for substantial growth, with an anticipated revenue of US$ 65,164 million in 2023. Projections by industry experts indicate a steady Compound Annual Growth Rate (CAGR) of 6.2% until 2033, positioning the market to achieve an impressive valuation of US$ 1,28,230 million by the end of the forecast period. A …
Rising Oil & Gas Activity Propels Produced Water Treatment Systems Market to US$ 8.41 Billion by 2034 with a CAGR of 5.72%
The produced water treatment systems market is forecasted to achieve remarkable growth, with a projected Compound Annual Growth Rate (CAGR) of 5.72% from 2024 to 2034, resulting in a valuation exceeding US$ 8.41 billion. Presently valued at approximately US$ 4.55 billion in 2023, this substantial upward trend is primarily driven by the escalating global activities within the …
Global Vibrating Screen Market Set to Reach US$ 2.3 Billion Milestone by 2029 Driven by Innovation and 7.6% CAGR
The global vibrating screen market is positioned for significant growth, with projected sales exceeding US$ 1.37 billion in 2022. This initial phase sets the stage for a sustained growth trajectory, fueled by a robust compound annual growth rate (CAGR) of 7.6%. By 2029, the market is anticipated to achieve a substantial valuation of US$ 2.3 billion. This …
Pallet Truck Market Gears Up for Substantial Growth, Poised to Reach US$ 79,833.7 Million by 2033 with Robust 7.5% CAGR
The global pallet truck market is poised for remarkable growth, with a projected valuation of US$ 41,115.3 million by 2023. Fueled by an impressive Compound Annual Growth Rate (CAGR) of 7.5%, this upward trajectory is expected to persist until 2033, driving the market towards an extraordinary valuation of US$ 79,833.7 million. End-users are increasingly recognizing the benefits …
WiFi as a Service Market is expected to reach US$ 26.0 billion by 2032, growing at a rate of 18.2% CAGR.
The market for WiFi as a service is anticipated to grow from USD 4.9 billion in 2022 to USD 26.0 billion in 2032, with a compound annual growth rate of 18.2%. Following the COVID-19 pandemic, the WaaS has been spreading over the world. Since the worldwide shutdown, working from home has grown in popularity in the majority …
Third-Party Risk Management Market Set to Soar, Projected at 14.7% CAGR from 2022-2032
It is projected that the third-party risk management market would grow at a 14.7% compound annual growth rate (CAGR) from USD 5 billion in 2022 to USD 19.7 billion by 2032. It is anticipated that factors including strict compliance regulations aimed at mitigating third-party risks, a deficiency of in-house expertise in several industries, and a …
Security Orchestration Automation and Response (SOAR) Market to Witness Steady Growth with a CAGR of 10.9% by 2032
It is anticipated that the global Security Orchestration Automation and Response (SOAR) market would reach US$ 3.8 billion by 2032, a stunning 10.9% compound annual growth rate, from an estimated value of US$ 1.3 billion in 2022. Over the course of the anticipated year, the SOAR market is anticipated to have a fantastic expansion because …
ID Card Printers Market to Reach US$176.4 Million by 2033, Driven by Increased Adoption Across Various Industries
The global ID card printers market is on track to experience steady growth in the coming years, with projections indicating a Compound Annual Growth Rate (CAGR) of 4.2% between 2022 and 2032. Estimated at US$ 116.9 million in 2023, the market is anticipated to expand to a total valuation of US$ 176.4 million by 2033, …
VVT Actuators Market Projected to Grow at 5.5% CAGR and Reach US$ 3,630 Million by 2032
The VVT actuators Market report, unveiled by Future Market Insights—an ESOMAR Certified Market Research and Consulting Firm—presents invaluable insights and meticulous analysis of the VVT actuators market. Encompassing the research’s scope and essence, this report scrupulously examines the driving factors, market size, and predictive data for VVT actuators. It furnishes intricate revenue and shipment segmentations, …