Future Market Insights forecasts robust growth for the global wearable medical device market, with sales expected to reach USD 38.5 billion in 2024. The market is projected to grow at a compound annual growth rate (CAGR) of 8.2% during the forecast period from 2024 to 2034, culminating in a market size of USD 84.8 billion …
Author Archives: Editor AM
Global Video Intercom Device Market to Total US$ 128,200 Million by 2033, Rising at a 13.2% CAGR | Future Market Insights, Inc.
According to a Future Market Insights (FMI) report, the market for video intercom devices was estimated to be worth US$ 32,780.7 Million in 2022. It is anticipated that the industry would be valued US$ 37,020.3 Million by 2023. The video intercom device market is going to expand at a 13.2% CAGR over the course of the forecast period, reaching a valuation of US$ 128,200.0 …
Global Family/Indoor Entertainment Centres Market Thrives with 13.3% CAGR, Set to Reach US$ 61 Billion by 2027
The worldwide family/indoor entertainment centre (FEC) market has grown significantly, and Future Market Insights (FMI) projects that by the end of 2027, sales would have increased significantly from over US$ 17 billion in 2017 to about US$ 61 billion. The industry’s remarkable rise, with a Compound Annual Growth Rate (CAGR) of 13.3% between 2017 and 2027, …
GaN Power Devices Market Soars with 23.1% CAGR, Reaching US$ 800 Million by 2027
The Japan GaN Power Devices Market has exhibited remarkable growth, boasting a CAGR of 17.8% from 2012 to 2016. This trend is set to continue, with expectations of a soaring CAGR of 23.1% from 2017 to 2027. In 2017, the market value surpassed US$100 million, and projections indicate it will surge to over US$800 million by the …
Continue reading “GaN Power Devices Market Soars with 23.1% CAGR, Reaching US$ 800 Million by 2027”
Metrology Software Market Set to Double in Value by 2033, Growing at 7.3% CAGR
The global Metrology Software Market reached an impressive valuation of approximately $921.3 million in 2022, as per a report by Future Market Insights (FMI). The market is poised for significant growth, with sales projected to exceed the $1,976.1 million mark by 2033, marking a substantial compound annual growth rate (CAGR) of approximately 7.3% from 2023 to 2033. …
Continue reading “Metrology Software Market Set to Double in Value by 2033, Growing at 7.3% CAGR”
CMOS Power Amplifier Market 2023 Future Analysis, Demand by Regions and Opportunities with Challenges 2033
The CMOS power amplifier market size is projected to be worth US$ 5,361.5 million in 2023. The market is likely to reach US$ 24,550.4 million by 2033. The market is further expected to surge at a CAGR of 16.4% during the forecast period 2023 to 2033. Key Market Trends and Highlights The CMOS Power Amplifier market is propelled by the widespread deployment of …
Global Video Event Data Recorder (VEDR) Market Soars to US$ 3,500 Mn by 2026, Fueled by Vehicle Safety Tech Adoption and Regulatory Standards
The market for video event data recorders, or VEDRs, has grown significantly. It was valued at around US$ 1,500 million in 2015 and is expected to reach US$ 3,500 million by 2026. The CAGR of 6.9% between 2016 and 2026 is a significant growth that can be ascribed to an increase in the awareness and implementation …
Global Cognitive Systems Spending Market Thrives with Banking Sector Dominance and 15.5% CAGR Growth Projection
The US$ 5.49 Billion global cognitive systems spending market will witness a massive hike in the revenues, reaching a whopping US$ 21.46 Bn by the end of 2026. Over the 10-year assessment period 2016-2026, the global cognitive systems spending market will expand at a healthy CAGR of 14.6%, gaining a healthy incremental opportunity of over US$ 15 …
Seaweed Hydrocolloids Market to Reach USD 997 Million by 2033, Expanding at a 4.9% CAGR: Rising Demand for Natural Food Additives Fuels Growth
Seaweed Hydrocolloid Market The global market for seaweed hydrocolloids is poised for substantial growth, with an estimated valuation of US$ 610.0 million in 2023. The market is projected to reach a valuation of US$ 997.0 million through 2033. It is anticipated to surge at a CAGR of 4.9% in the estimated period from 2023 to 2033. The …
Citrus Crop Nutrition Market to Reach USD 1.53 Billion by 2033, Growing at a 5.4% CAGR: Rising Demand for Enhanced Crop Yields Drives Growth
Citrus Crop Nutrition Market The global citrus crop nutrition market value is poised for substantial growth, with projections indicating an increase from USD 902.2 million in 2023 to USD 1,526.5 million by the end of 2033, representing a notable CAGR of 5.4%. Several factors are expected to drive this growth, including the rising demand for citrus fruits …