The geospatial solution market is anticipated to increase from US$ 703.5 billion in 2022 to US$ 1,970.9 billion in 2029. From 2022 to 2029, the geospatial solutions market is projected to expand at a CAGR of 15.9%. According to a recent research intelligence analysis by Future Market Insights (FMI), the worldwide geospatial solution market will experience phenomenal growth from 2022 …
Monthly Archives: May 2024
IQF Vegetables Market Size on Track for USD 2.81 Billion Valuation by 2033
The IQF vegetable market was worth close to USD 1.68 billion globally. The rise of numerous large retail chains, changes in eating habits, and changes in lifestyle are all contributing to the rapid growth of the IQF vegetable business. As a result, it is projected to have produced USD 2.81 billion by 2033 and to grow at a 4.8% annual rate from 2023 …
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Explosive Growth in Animal Feed Additive Market Size: USD 109,184.5 Million by 2034
The Animal feed additives market is projected to increase from USD 55,842.2 million in 2024 to USD 109,184.5 million in 2034. The market is anticipated to surge at a CAGR of 6.9% by 2034. The increased production of livestock has raised concerns about public health issues related to the use of antibiotics and the spread of foodborne diseases. As a result, probiotics …
Desktop as a Service (DaaS) Market: Primed for Exponential Expansion, Eyes US$ 34,908.8 Million by 2033
The Desktop as a Service (DaaS) Market is expected to increase from US$ 6,484.3 million in 2023 to US$ 34,908.8 million by 2033. The market is expected to progress at a CAGR of 18.3% from 2023 to 2033. For businesses of all sizes, managing a considerable number of desktop and laptop workstations with locally installed software is a headache. Additionally, time …
Cyber Security in Robotics Market: Anticipating Exponential Growth, Valued at USD 11.6 Billion by 2033
The Cyber security in robotics market is poised for substantial growth, with a consistent Compound Annual Growth Rate (CAGR) of 11.7% expected during the forecasted period. In 2023, the market is projected to generate revenues of approximately US$ 3.8 billion, and this figure is anticipated to surge to US$ 11.6 billion by 2033. The market research report highlights that the increasing …
Contract Lifecycle Management Market: Projected Growth at 12.2% CAGR, Expected to Reach US$ 3,771.7 Million by 2033
The global contract lifecycle management market is expected to reach US$ 3,771.7 million by 2033, up from US$ 1,189.4 million in 2023. The market is expected to grow at a CAGR of 12.2% between 2023 and 2033. Demand for contract lifecycle management systems will also be driven by the adoption of cutting-edge technologies such as IoT, AI, and machine learning. Contract …
Motion Control Software in Robotics Market: Leading the Charge with a 19.6% CAGR Surge, Aims for USD 37.86 Billion by 2029
The motion control software in robotics market has witnessed remarkable growth in recent years, with its estimated value reaching approximately US$ 10.81 Billion in 2022. This dynamic sector is poised for more substantial expansion, as projections indicate an impressive CAGR of 19.6% between 2022 and 2029. If these trends continue, the market is expected to surpass a remarkable valuation …
Level Sensor Market Set to Achieve Strong 7% CAGR, Reaching US$ 8.6 Billion by 2033
The level sensor market is poised for significant growth in the coming decade, with projections indicating a substantial increase in its value. In 2023, the level sensor market is expected to reach US$ 4.3 billion, and this figure is forecasted to double, reaching US$ 8.6 billion by the year 2033 This impressive growth trajectory can be attributed to various …
GaN Micro-LED Market: Illuminating Future Expansion with Anticipated 46.3% CAGR by 2029
The global GaN Micro-LED market size is expected to grow from US$ 514.4 Million in 2022 to US$ 7,383.0 Million by 2029. The GaN Micro-LED market is anticipated to grow at a CAGR of 46.3% during 2022-29. The GaN Micro-LED demand accounted for almost 5% of the market share of the global micro-LED market. The GaN Micro-LED market …
Hosting Infrastructure Services Market: Forecasted CAGR of 8.5% Propelling Growth to US$ 36.1 Billion by 2033
The global hosting infrastructure services market is estimated to be valued at US$ 16 billion in 2023 and to grow at an 8.5% CAGR to reach US$ 36.1 billion by the end of 2033. At the moment, hosting infrastructure services account for 12% of the worldwide cloud services market. Hosting services are projected to gain traction as the …