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The explosion proof equipment market is forecast to experience a moderate growth of 3.4% CAGR over the estimated time period, as per FMI’s analysis. The industry’s size is predicted to reach a market value of USD 10,160.5 million by 2033. Explosion proof equipment is the most requested equipment by industrial facilities to lower the risks of electrical sparks in …
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The global dal mill machine market is poised for significant growth, with an anticipated valuation of US$ 238.2 million in 2023. Forecasts suggest a steady Compound Annual Growth Rate (CAGR) of 2.7% between 2023 and 2033, culminating in a valuation exceeding US$ 310.9 million by 2033. One of the primary drivers of this growth is the escalating …
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The acrylic fibre industry size is poised to cross a valuation of USD 5,470.6 million in 2023 and is predicted to hit a valuation of USD 8,006.7 million by 2033. The acrylic fibre market share is estimated to expand at a CAGR of 4.2% from 2023 to 2033. Due to its characteristics, such as softness, lightness, and …
The bromine derivative industry valuation is USD 7,292.20 million in 2024. In 2023, the market was valued at USD 4.57 billion. The market is predicted to grow at a CAGR of 5.10% from 2024 to 2034. The valuation of the bromine derivative market is expected to reach USD 12,037.00 million by 2034. The significance of bromine …
The next-gen firewall market is projected to grow to approximately US$ 8.5 billion, with an annual growth rate of 9.1% from 2023 to 2033. The rise in data hacking activities and cyber-attacks is encouraging enterprises to focus on the detection of better security solutions. Hence, demand for next-gen firewall systems for securing information deployed on the cloud …
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The fiber optic connectivity market is expected to grow significantly, reaching a value of US$ 7.7 billion by the year 2033. This market is experiencing steady growth at a rate of approximately 9.5% per year during the forecast period. The market is also predicted to expand throughout the forecast period as a result of the increased global …
The industrial IoT market is expected to grow significantly, with a notable 12.1% annual growth rate. By the year 2033, it is projected to reach a substantial value of US$ 1,392,133.7 million. This indicates a promising future for IIoT technologies in various industries. Technological developments in semiconductor and electronic devices, growing usage of cloud computing platforms, standardization …
The net worth of eSports and game streaming market share was figured out to be around US$ 2,357.1 million in 2022. Over the forecast period from 2023 to 2033, its market is anticipated to grow at an annual average growth rate of 11.9%. The market further estimates the market valuation to reach up to US$ 7,725.9 million …
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The field force automation market is on the rise, poised for substantial growth of approximately 17.4% in the coming years, with the goal of reaching an impressive market value of US$ 10,725.9 million by the year 2033. This means that companies and organizations are increasingly adopting and investing in technologies and solutions that streamline and enhance the efficiency of their field …
The identity as a service market is projected to experience significant growth, going from US$ 9.5 billion in 2023 to a substantial US$ 135.0 billion by 2033. This impressive expansion is forecasted to occur at an annual growth rate of 30.4% from 2023 to 2033. Identity as a service embeds Identity and Access Management (IAM) capabilities based on standards like SAML, OpenID, …