Globally, customers are adopting consumer electronics Accessories Market goods more often. This is mostly attributable to consumers’ growing worldwide knowledge of electronic items. Over the next five to six years, it is anticipated that the growing demand for products like smartphones, tablets, and other connected gadgets will fuel the need for suitable accessories. “Integration of …
Category Archives: Business
Workstation Market Set to Double in Value by 2034 with a CAGR of 7.7% – FMI
The global workstation market value is expected to rise from US$ 59.57 billion in 2024 to US$ 125.55 billion by 2034. This estimated growth is expected to be driven by a CAGR of 7.70% in the workstation industry over the next decade. The demand for workstations is estimated to expand due to an emerging market for 3D …
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Lighting Africa: Africa LED and OLED Displays and Lighting Products Market Set to Surge, Expected to Reach 206.7 Million Units by 2026
The Africa LED and OLED displays and lighting products market, once valued at US$ 684.9 million in 2015, is now set to illuminate the region with a remarkable projected Compound Annual Growth Rate (CAGR) of 17.8% during the forecast period of 2016–2026. The market’s glowing future is attributed to the increasing government support and the introduction …
Wired Structural Health Monitoring Systems to Retain its Dominance Despite the Advent of Wireless Ones. FMI Anticipates a Valuation of 16,601.1 million by 2034 for the Structural Health Monitoring Market
According to the latest industry analysis, the global market size for structural health monitoring is estimated to be around US$ 4,478.0 million in 2024. It is projected to exhibit a CAGR growth of 14.0% over the forecast period, with an estimated market size of US$ 16,601.1 million by 2034. The construction and infrastructural development sector, in the …
Beer Market Outlook: Navigating Shifts in Consumer Preferences and the Surge in Low-Alcohol Choices
The global beer market is projected to be valued at approximately USD 759.1 billion in 2023, with expectations to grow to around USD 1,679.5 billion by 2033. Notably, beer sales are anticipated to achieve a significant compound annual growth rate (CAGR) of 7.6% over the forecast period. The beer market is a vibrant and evolving …
Retail Automation Market to Surge at 9.7% CAGR, Reaching $47.7 Billion by 2033: FMI Report
The market for retail automation is poised to undergo a remarkable transition and is anticipated to rise at an astounding rate. This dynamic sector is likely to grow at an impressive compound annual growth rate (CAGR) of 9.7% from 2023 to 2033, from its impressive 2023 value of US$ 18,845.3 million to its projected US$ …
Zipper Bag Market Set to Reach USD 3 Billion by 2034, Driven by Convenience and Eco-Friendly Trends
Zipper Bag Market The global zipper bag market is poised for significant growth, projected to reach a valuation of US$ 2.3 billion by the end of FY 2024, according to the latest report by Future Market Insights (FMI). The market is driven by increasing consumer demand for zipper bags across various applications, fueled by their convenience and …
Liquid Filling Machine Market Poised for Growth: Projected to Reach USD 1.2 Billion by 2034 | FMI
The liquid filling machine market is on a promising trajectory, with projections indicating a steady growth rate of 2.70% CAGR, leading to an anticipated market valuation of USD 1.2 billion by 2034. As of 2024, the market is valued at USD 987.7 million, underscoring its significant expansion potential over the next decade. Driving Factors Behind …
Water Soluble Bag Market Projected to Reach USD 1.31 Billion by 2034 with 2.70% CAGR
Water Soluble Bag Market The global water soluble bag market is witnessing significant growth, with a projected valuation of US$ 1,006.8 million in 2024. As sustainability becomes a focal point for consumers and businesses alike, the market is expected to reach a valuation of US$ 1,314.2 million by 2034, showcasing a compound annual growth rate (CAGR) of …
Global CRM Application Software Market to Reach a Value of About US$ 62,200 Million in the Year 2022 – FMI
Customer relationship management application software includes applications for sales automation, automation of marketing and customer service and support management like email automation. There are different types of customer relationship management applications available through cloud delivery like social media management, activity and participant management and customer experience management. CRM application software are being increasingly used by the enterprises …