Registering a year-on-year gain rate of 7.9%, the global synchronous condenser market reached around US$ 1.01 Bn in 2022. However, with the rising adoption of the synchronous condenser from diverse end-use industries, the overall market is predicted to grow at a robust CAGR of 8.2% between 2022 and 2029, totalling a valuation of US$ 1.76 Bn by 2029. Future Market Insights has recently published …
Category Archives: Press Release
Environment Testing, Inspection, and Certification Market Growth, Demand, Scope, New Business Opportunities & Forecast 2022 to 2032
Furthermore, with rising environmental concerns across the world, the overall demand for environment testing, inspection, and certification is projected to increase at 6.4% CAGR between 2022 and 2032, totaling around US$ 33,237.9 Mn by 2032. The global environment testing, inspection, and certification market size was valued at US$ 15,648.6 Mn in 2021 and is likely …
Smart TV Market is forecasted to register a 20.8 % CAGR during the forecast period 2022-2032
The global smart tv market is predicted to reach US$ 3.5 Bn by the end of 2031, with sales growing at a staggering CAGR of 24.7% for the forecast period of 2021 to 2031. The smart tv market recorded an 18.8% growth in global revenue in 2021. Rapid technological advancements along with rising residential usage are accountable for the projected market …
Video Intercom Device Market is anticipated to expand at a CAGR of 13.1% 2027
The global video intercom device market is anticipated to reach a valuation of US$ 53807.51 Mn by 2027, with sales growing at a stellar CAGR of 13.1% from 2017 to 2027. Valued at US$ 15711.6 Mn in 2017, the target market is set to present significant growth over the years. The rising need to ensure property safety, …
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Cloud Business Email Market is anticipated to procure a market value of approximately USD 2.15 Bn 2027
During the forecast period from 2017 to 2027, the global cloud business email market is anticipated to expand at a CAGR of 10.4%, reaching a market value of about USD 2.15 billion. The market is being stimulated by the use of the cloud in routine corporate operations, which has made it easier for enterprises to manage their …
With Changing Consumer Preferences and Favorable Government Policies in the Play – Set-top Box Market to Grow at a Rate of 5.6%
The global set-top box market is expected to reach a market valuation of US$ 33.4 Billion by the year 2022, accelerating with a moderate CAGR of 5.6% by 2022-2032. Set-top box market size is anticipated to be valued at about US$ 57.7 Billion by 2032 end. The expansion of the set-top box market is anticipated to be …
Programmatic Display Market is anticipated to display a CAGR of 35% 2032
The global programmatic display market is anticipated to secure US$ 35.8 Billion in 2022, valuing US$ 720 Billion by 2032. From 2022-2032, the global programmatic display market is expected to display a CAGR of 35%. Expansion of the mobile market is projected to play a significant role in developing the market during the forecast period. Essentially, mobile …
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On-Shelf Availability Solutions Market is expected to drive the market at 8.4% CAGR 2028
In 2021, sales of on-shelf availability solutions are anticipated to reach US$ 3.7 billion. The market is anticipated to grow at an 8.4% CAGR between 2022 and 2028 due to the increasing implementation of radio frequency identification (RFID) technology and Internet of Things (IoT) based sensors for supply chain management. In 2028, the market is expected to …
Internet of Things (IoT) Security Product is anticipated to hold a market value of USD 48 Bn by 2027
According to estimates, the market for Internet of Things (IoT) security products will increase from USD 12 billion in 2017 to USD 48 billion by 2027, growing at a CAGR of 14.9% from 2017 to 2027. The market is projected to grow as manufacturers enter the scene and more IoT security products are released. The expansion of …
Oil & Gas Market is Projected to Grow at a CAGR of 22.6%, Totaling around US$ 50 Billion by 2032
The global oil & gas analytics market is anticipated to garner US$ 50 Billion while expanding at a CAGR of 22.6% during the forecast period. The market is estimated at US$ 5.3 Billion in 2021 and US$ 6.5 Billion in 2022. A paradigm shift toward the search for mature oil fields along with the increasing exploration of unconventional wells will boost …