The global pea milk market is projected to experience accelerated growth with a Compound Annual Growth Rate (CAGR) of 10.4% from 2022 to 2032. The sales of pea milk are poised to contribute to the overall demand in the global plant-based milk market, which is valued at USD 14 billion in 2022. Pea milk (also known as …
Monthly Archives: March 2024
Vibrant Growth Ahead: Global Food Colors Market Set to Soar to US$ 2.6 Billion, Anticipating a 7.3% CAGR by 2032
The global food colors market is projected to reach a market valuation of USD 2.6 billion by the year 2022, accelerating with a CAGR of 7.3% by 2022-2032. According to FMI analysis, the food colors market is projected to reach a market value of approximately USD 5.3 billion by 2032. In 2021, the market witnessed a consumption of over 185,000 metric …
Mini Cranes Market Booming: Set to Reach US$761 Million by 2033
Mini cranes, also known as spider cranes or pick and carry cranes, are becoming increasingly popular in various industries. These versatile machines offer a unique combination of lifting power, maneuverability, and compact size, making them ideal for situations where traditional cranes are impractical. Let’s explore the current scenario of the mini crane market, its future …
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Data Center Liquid Cooling Market: Projected to Reach US$ 15,974.3 Million Valuation by 2033 with a Striking CAGR of 19.6%
The global data center liquid cooling market size is likely to exceed a valuation of US$ 2,660.1 million in 2023. It is foreseen to attain a valuation of US$ 15,974.3 million by 2033. The market is predicted to flourish at a monumental CAGR of 19.6% from 2023 to 2033. The reliability and performance of IT equipment are …
Data Business in Oil & Gas Market Surges, Anticipated CAGR of 16.7%, Set to Exceed US$ 171.18 Billion by 2033
The data business in oil & gas market is anticipated to expand its roots at a strong CAGR of 16.7% between 2023 and 2033. The market is expected to have a market share of US$ 171.1 billion by 2033 while it is likely to be valued at US$ 36.43 billion in 2023. The high economic activities in oil and gas businesses and the …
Conversational AI Market Surges: Expected to Reach US$ 47.6 Billion with 17.3% CAGR by 2033
The conversational AI market is poised for incredible growth in the coming years, with projections indicating it could reach an astonishing US$ 47.6 billion by the year 2033. This represents a remarkable Compound Annual Growth Rate (CAGR) of 17.3%. The conversational AI industry is growing as a result of technological advancements and improvements in artificial intelligence. The conversational AI business …
Customer Communications Management Market: Projected Growth with a 10.2% CAGR to Surpass US$ 4,086.9 Million by 2033
The customer communications management market is expected to grow steadily at a compound annual growth rate (CAGR) of 10.2% over the forecast period. In 2023, this market is estimated to be worth US$ 1,542.7 million, and it is projected to reach US$ 4,086.9 million by 2033. Increased use of customer communications management solutions and services across different …
Accounts Receivable Automation Market: Surging Growth Expected, Projected CAGR of 10.8% to Reach US$ 7,333.1 Million by 2033
The accounts receivable automation market is expected to experience significant growth, with a CAGR of 10.8% from 2022 to 2032. This means that the market is projected to expand substantially. By the year 2033, it is predicted to reach a total value of US$ 7,333.1 million, a substantial increase from its 2023 value of US$ 2,621 million. This study explains …
Cloud Computing Market Surges Towards a US$ 2,062.26 Billion Industry by 2033, Driven by 13.5% CAGR
The cloud computing market is expected to keep growing steadily at a rate of 13.5% per year from 2023 to 2033. By 2033, it’s predicted to be worth more than US$ 2,062.26 billion. As more people are discovering the great advantages of using public cloud computing services, this market has become a crucial part of the global economy. …
Cloud Billing Market Growth Hits 15.2% CAGR, Set to Exceed US$ 19,023.6 Million by 2033
The global cloud billing market is set to grow consistently at a Compound Annual Growth Rate (CAGR) of 15.2%. This growth will result in the market’s value increasing from US$ 4,636.7 million in 2023 to a substantial US$ 19,023.6 million by 2033. One of the most powerful drivers driving cloud billing tools and service adoption across regions is the …