The next-gen firewall market is projected to grow to approximately US$ 8.5 billion, with an annual growth rate of 9.1% from 2023 to 2033. The rise in data hacking activities and cyber-attacks is encouraging enterprises to focus on the detection of better security solutions. Hence, demand for next-gen firewall systems for securing information deployed on the cloud …
Category Archives: Press Release
Gigabit Passive Optical Network Market: A Visionary Outlook Towards US$ 11,688.9 Million by 2033
The global gigabit passive optical network (GPON) market size is anticipated to surpass a valuation of US$ 6,821.7 million in 2023. It is anticipated to hit a valuation of US$ 11,688.9 million by 2033. The market is poised to record a modest CAGR of 5.5% from 2023 to 2033. Manufacturers of GPON equipment are providing contemporary OLTs as a way to …
IoT in Manufacturing Market: Surging at a Phenomenal 14.7% CAGR, Projected to Reach US$ 948.6 Billion by 2033
The IoT in the manufacturing market is poised for significant growth, with a projected steady Compound Annual Growth Rate (CAGR) of 14.7% over the forecast period. In 2023, it is expected to generate revenues of around US$ 265.2 billion, and by 2033, this market is forecasted to surpass an impressive value of US$ 948.6 billion. The ecosystem’s …
France Casino Tourism Market Surges with a Projected US$ 14.5 Billion Jackpot by 2032 | FMI
The France casino tourism market is estimated to reach US$ 9.17 Billion in 2022. As per the report, sales are forecast to increase at a robust 4.7% CAGR, with the market valuation reaching US$ 14.51 Billion by 2032. Casinos are thought to have their cultural roots in France. In fact, France is home to some of Europe’s most illustrious, successful, and old-school …
China Outbound Meetings, Incentives, Conferences, Exhibitions (MICE) Tourism to Europe Market Skyrockets, Attaining US$ 173.71 Billion with 6% CAGR by 2032 | FMI
As per newly released data by Future Market Insights (FMI), the China outbound meetings, incentives, conferences, exhibitions (MICE) tourism to Europe market is estimated at US$ 97 Billion in 2022 and is projected to reach US$ 173.71 Billion by 2032, at a CAGR of 6.0 % from 2022 to 2032. MICE, in the context of travel, stands for meetings, incentives, conferences, and exhibits. The …
Tea Packaging Market Demand: Industry Anticipated US$ 10.5 Billion by 2033
The global tea packaging market is on track to achieve a robust CAGR of 4.6% throughout the forecast period. It is projected to surpass the US$ 6.69 billion mark in 2023 and is poised to cross the US$ 10.5 billion threshold by 2033. Against the backdrop of a global tea renaissance, the Tea Packaging Market takes center …
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Challenges and Opportunities: Glass Additives Industry Navigates Consumer Shift to Plastic Packaging and Raw Material Shortages
Glass is one of the most common containing material used in various industries, and advancements in the use of glass have provided considerable impetus on the importance of glass additives. The transparency of basic glass materials has led to the need for colouring them for the purpose of classification, which has influenced the demand for various …
Benzoates Market Global Demand Projected to Reach US$ 8.8 Billion by 2032, Fueled by Rising Food Safety Standards and Urbanization Trends in Developed Regions
The global benzoates market is anticipated to showcase a flourishing CAGR of 5.2% across the forecast period from 2022 to 2032. The global market was valued at US$ 5.3 Billion in 2022 to surpass a valuation of US$ 8.8 Billion by 2032. In the foreseeable future, various developed regions including North America, Europe, Central America, and South America are likely …
Global Profenofos Market Set to Surge, Projections Point to US$ 2 Billion by 2032 with Cotton Sector Driving Growth Amidst Environmental Caution
The global profenofos market is anticipated to bode well over the assessment period by registering a CAGR of 5% from 2022 to 2032. The market is valued at US$ 1.22 Billion in 2022 and surpasses a valuation of US$ 2 Billion in 2032. During the projected period, the cotton sector is expected to dominate the worldwide Profenofos …
Global Powder Injection Molding (PIM) Market Set to Surge with a 9.3% CAGR, Projected to Reach US$ 8.52 Billion by 2032
The worldwide powder injection molding (PIM) market is predicted to experience a robust CAGR of 9.3% between 2022 and 2032, resulting in a significant increase in global sales. Starting at US$ 3.50 billion in 2022, the market is expected to reach US$ 8.52 billion by 2032. The rising application of powder injection molding and the availability of …