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The Community cloud demand is expected to grow at a CAGR of around 24% during the forecast period 2021-2031. Global demand for high performance with low latency infrastructure is a significant driving factor for community cloud industry. Along with it, achieving economies of scale by use of shared cost model, shared concerns for data redundancy, security and …
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The 8K technology market is expected to grow at a CAGR of 55.5% during the forecast period of 2021-2031. The 8K Technology refers to the image resolution, with a size of 8000 pixels. The image resolution is usually used in the production of detailed color applications. 8K UHD (Ultra-High-Definition) is the highest resolution measuring 7680 × 4320 pixels defined …
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According to a recent study done by FMI, the Ethernet Storage Fabric market is expected to reach US$ 5.4 billion by 2032, up from US$ 1.6 billion in 2022, expanding at a high CAGR of 13.2% from 2022 to 2032. This study explains that the growth in the demand to adopt enterprise mobility is expected to achieve …
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The global GPON market is estimated at US$ 6.7 Bn in 2021 and is projected to reach US$ 7 Bn by 2022. The market is anticipated to garner US$ 11.7 Bn by 2032 while recording a CAGR of 5.2% during the forecast period from 2022 to 2032. In addition, the rapid growth of this market can be …
The Smart Space Market is set to enjoy a valuation of US$ 11.4 Bn in 2022, expand at a CAGR of 8.3% to reach US$ 25.2 Bn by the end of 2032. As per FMI, an increase in the adoption of smart homes, devices and growing adoption of IoT have created prospects for smart spaces. These spaces …
The Data Center Power Management Market is expected to reach ~US$ 37.3 Bn by 2032, exhibiting growth at 6.9% CAGR between 2022 and 2032. Data centers are a pre-eminent part of digital society. The digitalization of the world economy and a massive shift toward cloud-based storage of data is increasing the demand for data centers all …
The Data Center Substation Market to grow at a healthy 6.2% CAGR, pushing the market size to US$ 18.2 Bn in 2032. The growing demand for energy to restore the existing infrastructure is projected to fuel growth opportunities in the data center substation market. Data centers are a vital part of the IT infrastructure. New data-intensive technologies …
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The global elder care subscription market is expected to expand at a CAGR of 16% over the forecast period (2021-2031). The growth can be attributed to the growing ageing population across different countries. As per the latest Future Market Insights (FMI) study, the market valuation is expected to surpass US$ 1.3 Bn in 2021. Europe is expected …
The increasing demand for automobile, especially in emerging economies, is expected to drive the global Automotive Piston Systems Market in the coming decade. As a piston is an essential part of an internal combustion engine, the demand for pistons is directly coupled with the automobile production. Owing to the continuous developments, the automobile sector is …
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In an automotive engine, especially in engines with asymmetric design, the engine experiences a second level of vibration, even the well-balanced engines with asymmetric design experience the second level vibration. The automotive balance shaft is integrated with vehicle engines for offsetting the vibration effect that the engine creates. The balance shaft is a complex part …
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