The global Single-Use Filtration Assemblies Market is predicted to be worth US$ 3.53 billion in 2023 and rise to US$ 19.28 billion by 2033. Initially, the global market was expanding at a CAGR of 19.8% from 2018 to 2022. Smaller batch sizes, increased demand for customized treatments, and the need for adaptive and scalable solutions are the …
Monthly Archives: September 2024
Global System on Module Market Set to Reach $4.65 Billion by 2033, with Anticipated CAGR of 15%
The System on Module (SoM) Market is experiencing rapid growth driven by urbanization, digitization, and the increasing online presence of businesses and individuals. As advanced Artificial Intelligence technology gains traction, the demand for SoM is skyrocketing. This surge is particularly evident in the consumer electronics sector, where smartphones, laptops, tablets, and computers are constantly pushing …
Global Industrial Gearbox Market Projected to Reach USD 47.16 billion by 2033, With a 4.6% CAGR
The industrial gearbox market is predicted to be worth USD 30.08 billion in 2023, and rise to USD 47.16 billion by 2033. Demand is expected to increase at a CAGR of 4.6% during the projected period. Given that industrial gearboxes are used to control the speed and torque of production-related machinery and components, demand for these gearboxes is expected to rise as smart …
Decentralized Finance Technology Market In-Depth Analysis with Booming Trends Supporting Growth and Forecast 2024-2034
By 2024, it is anticipated that the global market for decentralized finance technology would have grown to a value of US$ 75.7 billion due to the incorporation of decentralized finance in gaming. This trend is expected to provide new market opportunities, leading to a predicted 28.4% compound annual growth rate (CAGR) between 2024 and 2034, …
Category Management Software Market Thrives with a Robust 11.6% CAGR, Set to Reach US$ 5.5 Billion by 2034 | FMI
The category management software market is on the verge of a remarkable valuation, expected to surge to US$ 1.8 billion by 2024. Fueled by heightened interest and growing insights into category management software, this trend is set to unlock new avenues, projecting an impressive CAGR of 11.6% from 2024 to 2034. Envisioned to reach an estimated total valuation of …
Global Mobile Wallet market to reach a valuation of US$ 138.5 billion by 2034, expanding at a 27.8% CAGR | Future Market Insights, Inc.
In 2023, it is estimated that the global mobile wallet market will be worth US$ 9.5 billion. It is anticipated that this market would be valued at US$ 11.9 billion by the end of 2024. The global mobile wallet market is anticipated to grow at a rate of 27.80% CAGR during the forecast period, reaching a valuation of US$ 138.5 billion by 2034. Request …
Avocado Oil Market Poised for 5.9% CAGR Expansion by 2033, Says FMI
The avocado oil market had a value of US$ 287.2 million in 2022, and by 2033, it was projected to have grown to US$ 975 million, with a CAGR of 5.9%. Since avocado oil’s nutrient composition boasts a higher content of healthy fatty acids, the health-conscious population, especially those who are struggling with weight issues, becomes the …
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Healthcare Chatbot Market In-Depth Analysis with Booming Trends Supporting Growth and Forecast 2024-2034
The market for healthcare chatbots, which is expected to grow to be worth US$ 1.4 billion by 2024, is about to achieve a significant valuation. The primary factor propelling the expansion is the increasing awareness and understanding of the healthcare chatbot industry. With a predicted CAGR of 23.9% from 2024 to 2034, the trend is expected …
Telecom Managed Service Market In-Depth Analysis with Booming Trends Supporting Growth and Forecast 2024-2034
The anticipated valuation of the telecom managed services industry in 2023 was US$ 22.9 billion. By the end of 2024, the market is expected to be worth US$ 25.5 billion. Over the course of the projection period, the worldwide telecom managed service market is expected to rise at a 12.90% CAGR, reaching a valuation of US$ 85.5 …
Cloud Microservice Market In-Depth Analysis with Booming Trends Supporting Growth and Forecast 2024-2034
Micro frontends are expected to propel the worldwide cloud microservice industry to a size of US$ 2.0 billion by 2024. It is anticipated that this trend would open up new market possibilities, resulting in a projected CAGR of 19.1% between 2024 and 2034 and a total worth of around US$ 11.3 billion by that year. The emphasis …