The global multi-cloud storage market is projected to reach a value of approximately US$ 111,326.6 million by the year 2032. This is a significant increase from its value of US$ 23,711.4 million in 2022. The market is expected to grow at a CAGR of 16.7% throughout the forecast period. Several enterprises are expected to increase …
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Coiled Tubing Market Grows Steadily at 4% CAGR, Envisages a Valuation of US$ 2.77 Billion by 2033
The global coiled tubing market is projected to reach a substantial value of US$ 2.77 billion by the year 2033, with a consistent annual growth rate of 4% anticipated from 2023 to 2033. In 2023, the market is expected to be valued at US$ 1.87 billion. The coiled tubing market is experiencing substantial growth due …
NFC Reader ICs Market Set to Exceed US$ 50 Billion by 2032, Propelled by a Noteworthy 14.5% CAGR
The global NFC reader ICs market refers to the industry that manufactures and distributes ICs built specifically for NFC reader applications. NFC is a wireless communication technique that allows devices to connect by bringing them together in close proximity, often within a few millimeters. The global market for NFC reader ICs is predicted to exceed US$ …
Data Conversion Services Market Soars with a Projected 30.1% CAGR, Envisioning a US$ 540795.08 Million Market Share by 2032
The data conversion services market refers to the industry that provides data conversion services from one format to another. In today’s digital age, businesses amass massive amounts of data in a variety of formats, including physical papers, paper files, analog media, and incompatible digital file types. The market for data conversion services is estimated to …
Next Generation Network (NGN) Equipment Market Surges Towards US$ 65,788 Million by 2032, Fueled by an Impressive 8.3% CAGR
The next generation network (NGN) equipment market is anticipated to reach US$ 65,788 million by 2032, up from US$ 29,544 million in 2022, growing at a CAGR of 8.3% during the forecast period. The need for next-generation network technology is growing as traditional telecom operators adopt more strategies than ISP to operate by consumer needs …
Reverse Logistics Market Soars: Projected 12% CAGR, Envisions US$ 2.9 Trillion Milestone by 2032
The reverse logistics market is anticipated to be worth US$ 941.58 billion in 2022 and US$ 2,924.42 billion by 2032, growing at a 12% CAGR between 2022 and 2032. Because of the global expansion of eCommerce, which has raised the number of returns and replacement items, as well as demand for reverse logistics services, the reverse logistics …
Optical Transport Network Equipment Market Surges with Impressive 9.2% CAGR Growth Forecast Through 2032, States FMI Report
The optical transport network equipment market refers to the market for devices and solutions used in optical communication networks. OTN is a high-speed, high-capacity telecommunications network technology that uses optical fibers to transmit data, voice, and video information. It enables efficient and reliable transmission of large volumes of data over long distances. The optical transport network equipment …
Cellular Repeater Market Signals Remarkable Growth, Predicted to Exceed US$ 13.369 Billion by 2033 at a CAGR of 25.1%
The global cellular repeater market demand is expected to reach a value of US$ 1.420 billion in 2023 and is projected to grow at an annual rate of 25.1%. By 2033, it is estimated to be worth US$ 13.369 billion. This substantial growth is primarily driven by the increasing trend of digitalization across the globe. …
Crypto Trading Platform Market Surges: Projected to Reach US$ 135.7 Billion by 2032, Forecasts FMI
The global crypto trading platform market was worth US$ 36.5 Billion in the year 2022 and is expected to reach US$ 135.7 Billion by the year 2032 at a CAGR of 14% between 2022 and 2032. Digital assets like NFTs (Non-Fungible Tokens) and cryptocurrencies are getting popular day after day. These cryptocurrencies make use of blockchain technology …
Automated Algo Trading Market Soars with a Projected 10.6% CAGR, Expected to Surpass US$ 39,715.3 Million by 2032
The global automated algo trading market is anticipated to grow at an astonishing CAGR of around 10.6% from 2022 to 2032. The popularity of automated algo trading among end users, including credit unions and individual investors, is what has led to growth. Automated algo trading generates profit opportunities with amazing consistency and speed by telling computers to …