Volumetric video was estimated to be worth US$ 2.1 billion globally in 2022, and it is projected to reach US$ 2.7 billion by 2023. The market is anticipated to reach a worth of US$ 35.7 billion by 2033, growing at a CAGR of 29.3% between 2023 and 2033. The industry is expanding due to consumer …
Monthly Archives: August 2024
AR VR Software Market Set for Explosive Growth: From $14.5 Billion in 2023 to $65 Billion by 2033
By 2033, the worldwide market for AR and VR software is projected to have grown from US$ 14.5 billion in 2023 to US$ 65 billion. The market is anticipated to grow over the next ten years at a CAGR of 16.2%. The constantly developing gaming and commercial operations industries highlight the necessity for AR VR …
Future Growth of NLP in Education Market: Projected to Reach $545 Million by 2034
The global NLP in education market is likely to jump from US$ 101.5 million in 2023 to US$ 545 million by 2033. The market is anticipated to expand at an 18.3% CAGR over the coming decade. Increasing demand for digital education, such as government initiatives to provide learning experiences, rising demand for Chabot, and improvement and rebuilding of education systems worldwide, is expected …
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Sore Throat Lozenges Market Poised for Growth: Reaching USD7.5 Billion by 2034 | FMI Reports
The valuation of the global sore throat lozenges market is expected to show a CAGR growth of about 5.6% over the forecast period, with an approximated valuation of US$ 7.5 billion by 2034. Bacteria and viruses enter the throat through the thin, wet mucosa that lines the mucosal membrane and cause infection. This also causes inflammation and results in swelling, redness, …
Ice Cream Parlour Market: Scooping Up a Cool USD 92,401.1 Million by 2034
The valuation for the global ice cream parlor market was US$11,651 million in 2023 and is projected to exhibit a CAGR of 4.90 % over the forecast period. The market is expected to reach a valuation of US$92,401.1 million by 2034. The growing demand for new ice flavors and consumer preferences worldwide are projected to generate profitable prospects for the market during the forecast period. The …
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North America and Europe Luxury Interior Fabric Industry Set to Expand at 13.50% CAGR from 2024 to 2034
The North America and Europe luxury interior fabric industry is projected to experience a robust Compound Annual Growth Rate (CAGR) of 13.50% from 2024 to 2034. Starting at US$ 2,684.60 million in 2024, the industry’s value is anticipated to soar to US$ 9,524.30 million by 2034. In 2023, the North America and Europe luxury interior fabric industry …
Skincare Oil Market: Glowing Growth at a CAGR of 6.3% by 2034 | FMI Reports
The market for skincare oil worldwide is estimated to be worth US$ 19.91 billion in 2024 and is likely to increase at a CAGR of roughly 6.3% during the forecast period, reaching an estimated valuation of US$ 34.56 billion by 2034. The expansion of sales of skincare oils coincides with the growth in cosmetic spending. Due to new market entrants and product innovation, …
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Houseware Market Set for USD 513 Billion Expansion by 2034 | Report By FMI
The houseware market is expected to be US$ 343 billion in size in 2024. The size of the market in 2023 was tipped to be US$ 332 billion. From 2024 to 2034, the CAGR for the market is projected to be an average of 4.1%. By the end of the forecast period, the market value is anticipated to have risen to US$ …
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Handloom Product Market Set to Weave a USD 18,179.1 Million Future by 2034
The global Handloom Product Market is estimated to be US$ 8,190.1 million in 2024. In 2023, the market was valued at US$ 7,697.4 million. It is projected to exhibit a CAGR of 8.30% over the forecast period, with an expected market size of US$ 18,179.1 million by 2034. Since the pandemic, there has been a considerable push toward sustainable products, …
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Golf Equipment Market Poised to Reach USD 11,758.1 million by 2034 | FMI
The golf equipment market is projected to be worth US$ 7,571.4 million in 2024. The industry is projected to rise at a CAGR of 4.50% through 2034, surpassing a valuation of US$ 11,758.1 million. The golf equipment industry witnesses a surge in demand driven by technological advancements in club designs and materials. Innovations like adjustable hosels, aerodynamic clubhead shapes, and multi-material constructions …
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