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The global cloud database and DBaaS market are expected to rise at a CAGR of 14.2% throughout the forecast period, growing from a valuation of US$ 16 Bn in 2022 to US$ 59.5 Bn by 2032. The increased demand for cloud database and DBaaS and self-driving cloud databases and the ability to process low-latency queries are driving the cloud database …
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As per the reports of FMI, the global cloud computing market is estimated to increase at a Compound Annual Growth Rate (CAGR) of 13.7% during the forecast period, from USD 445.3 billion in 2021. While Asia Pacific’s technology expenditure has surged, a setback owing to the recent COVID-19 pandemic is on the horizon. Cloud technology usage is likely to expand in areas where the …
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According to the DDoS protection industry analysis carried out by Future Market Insights (FMI), the demand registered in the market will increase at a noteworthy CAGR of around 15% from 2022 to 2032. The report states that the market is expected to reach a valuation of ~US$ 1,567.8 Mn by end of 2022. As per …
The global cloud access security brokers market is expected to advance at a CAGR of 13.9% throughout the forecast period, reaching a valuation of US$ 34 Bn by 2032. The cloud access security brokers market has grown rapidly as a result of the increased usage of cloud access security brokers among businesses concerned about the security of cloud-based applications. The growing concern among …
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Over the forecast period of 2022-2032, the automotive actuator market is expected to grow at a CAGR of 6.6% to reach a valuation of US$ 25.4 Bn by 2032. Automotive actuators are a crucial component of electronic control systems in vehicles as they aid in the conversion of electrical impulses from control units to action. …
The global park assist system market is projected to reach a valuation of US$ 595.6 Mn in 2022. Demand is forecast to increase at a 14.3% CAGR during the forecast period, reaching US$ 2.2 Bn by 2032. Park assist system, which is also known as advanced parking guidance system, helps the driver park with higher …
The cellular M2M market size is projected to grow to USD 70 billion by 2032; High-speed internet and connection technologies are becoming more widely used. According to the outcomes of the FMI analysis, during the projection period, the cellular M2M market is expected to increase from USD 10 billion in 2021 to USD 24.17 billion in 2026, with a …
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The global night vision system market is expected to surpass a valuation of US$ 1.2 Bn by 2032, with sales growing at a 13.9% CAGR over the forecast period. Increasing sales of luxury cars, along with rising awareness regarding road safety is boosting the requirement for improved night visibility range and quality. This is expected …
Over the forecast period of 2022-2032, the lane departure warning (LDW) market is expected to grow at a CAGR of 9.7%, reaching US$ 12.9 Bn by 2032. All vehicles have sensors, and despite being well-equipped with mirrors, they have poor visibility, resulting in road accidents. As a result, all heavy-duty manufacturers are required to install …
The global front collision warning market is projected to expand at a firm 14.5% CAGR during the forecast period between 2022 and 2032. Front collision warning (FCW) system is an ADAS feature in-built in vehicles to warn drivers if they are approaching any collision in the form of an obstruction or car in its path. …