The electric wheelchair market will be worth US$ 4,352.4 million by 2023. Between 2023 and 2033, the global market share is predicted to increase by 10.4% CAGR. Furthermore, the global electric wheelchair market is expected to reach US$ 11,741.6 Million by 2033. The demand for electric wheelchairs is poised to increase by 2.5X, recording a CAGR of 10.4% over the next ten years. …
Monthly Archives: May 2024
AI Platform Market Set for Explosive Expansion, Predicted to Hit USD 254.14 Billion by 2032
The global AI platform market is expected to be worth US$ 10 billion in 2022, growing at a CAGR of 38.2% to be worth US$ 254.14 Billion by the end of the forecast period of 2022-2032. The market was worth US$ 9.6 billion in 2021, and it is expected to grow by 4.2% year on year between 2021 and 2022. Because …
DC Power Supply Module Market Forecasted to Reach USD 700 Million by 2032 with a 4.35% CAGR
The global DC power supply module market is on a trajectory of impressive expansion. The year 2022 is poised to witness a valuation of US$ 457 million, and this growth is anticipated to continue with a steady CAGR of 4.35% over a decade, ultimately reaching a substantial US$ 700 million by 2032. The driving force behind this remarkable ascent lies in …
Smart Home Platforms Market Expected to Reach USD 110 Billion by 2032 with 16.5% CAGR
The global smart home platforms market achieved a value of US$ 20.5 Billion in 2021 and is poised to exhibit a remarkable CAGR of 16.5%, reaching a significant milestone of US$ 110 Billion between 2022 and 2032. The increasing adoption of smart home platforms, which enriches customers’ experiences, is a key driver propelling market expansion. Furthermore, the ability of smart …
Labeling Software Market to Surge, Expected to Hit US$ 975.8 Million by 2032 with a 5.8% CAGR
The global labeling software market has surged to prominence, amassing an impressive US$ 519.5 million in 2021. Anticipating a Year-on-Year (Y-o-Y) rise of 6.5%, it is set to be valued at US$ 553.8 million in 2022. Fuelled by steadfast backing from diverse governmental entities, the market’s trajectory is poised to ascend to a remarkable US$ 975.8 Million by 2032. …
Enterprise Social Networks Market to Grow at 13.9% CAGR, Reaching US$ 26.5 Billion by 2032
The worldwide enterprise social networks market size added up to US$ 6.4 Billion in 2021. Deals in the enterprise social networks market are supposed to increment at a 13.9% CAGR, with the market valuation arriving at US$ 26.5 Billion by 2032. The report expresses that the market is supposed to arrive at a valuation of US$ 7.2 Billion in 2022. …
Future of AI in Fintech Market: On Track to US$ 54 Billion with 16.5% CAGR by 2032
The size of the worldwide AI in fintech market was estimated at US$ 10.1 billion in 2021 and is predicted to increase by 16.4% year over year to US$ 11.76 billion in 2022. Demand is anticipated to increase from 2022 to 2032 at a CAGR of 16.5%, reaching US$ 54 Billion. With a 16% CAGR from 2017 to 2021, …
India Residential Solar Inverter Market Value Soaring at USD 330.2 million by 2033
The Indian residential solar inverter market is experiencing a surge, driven by government initiatives, rising electricity costs, and growing environmental awareness. Solar inverters, the brains behind rooftop solar systems, convert direct current (DC) electricity generated by solar panels into usable alternating current (AC) for powering homes. Let’s explore the applications and exciting opportunities within this …
Packaged Milkshake Market Forecast: Growth to Surpass USD 596.58 Million by 2033
The packaged milkshakes market was valued at USD 323.84 million in 2023, and it is likely to expand at a CAGR of 6.3% over the forecast time. A global market worth USD 596.58 million is poised to exist by 2033. Customers who are becoming more worried about their health and their hectic schedules are the main market drivers. As packaged milkshakes are portable …
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Coconut Milk Market Size to Reach USD 2,199.4 Million Milestone by 2033
The coconut milk market is estimated to be worth USD 1,233.4 million in 2023 and is projected to be valued at USD 2,199.4 million in 2033. Between 2023 and 2033, the market is expected to register a growth rate of 6.3%. With increased emphasis on health among customers, consumption and demand for coconut milk are likely to rise. Coconut milk products include antibacterial …
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