According to the IoT application enablement market analysis by Future Market Insights (FMI), the adoption of IoT application enablement platform is estimated to increase at a 26.5% CAGR over the assessment period, with the market valuation reaching US$ 36 Bn by 2032. In IoT technology solutions, the connectivity infrastructure requires to be set up before an array …
Category Archives: Press Release
Sourdough Market Assessment and Key Insights Analyzed Till 2026
The US$ 3.2 Bn sourdough market will continue to be positively influenced by increasing application in bread production. Of the US$ 3.2 Bn worth of sourdough sold in 2016, demand from the bread segment totalled US$ 2.36 Bn. This segment is projected to increase at a US$ 6.17 Bn through 2026 at CAGR of 6.8%. The dominance …
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Towing Software Market is Expected to Progress at a CAGR of 5% from 2022 – 2032 | FMI
The global towing software market is expected to reach US$ 766.8 Million and exhibit a CAGR of 5% during the forecast period from 2022 to 2032, reports a recently published Future Market Insights study. Expansion of the market can be attributed to the growing applications for small & medium enterprise management. From 2015 to 2021, the market …
Video Content Management Market is Predicted Growth Rate is 12.9% from 2022 to 2032 | Report by FMI
The global video content management market was estimated at US$ 3.5 Billion in 2021, as per a recently published report by FMI. Demand is projected to spike, garnering US$ 4 Billion in 2022 and US$ 13.5 Billion in 2032. A CAGR worth 12.9% from 2022 to 2032 is expected for the market. Organizations are turning to video-based …
Global Painting Robots Market Size Expanded At A CAGR Of Over 2.4% By 2031 End
Dedicated supply chains, design services, and research and development organizations have seamlessly worked over the years to provide optimum solutions to end-users. The painting robots market will register increasing growth as a result of high demand from various industries including HVAC, furniture, sanitary ware, textiles and heavy engineering equipment. The provision of a consistent categorization of the …
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Sales Of Electric Sub-Meters Accounted For Approximately 35% Share Of The Global Electric Meters Market In 2022
The electric sub-meter market registered sluggish growth amid the COVID-19 pandemic in 2020. Contraction in growth is particularly attributable to restrictions in production, logistics, and sales enforced by governments worldwide. The global value of the electric sub-meter market was $9.74 billion in 2021, and it is expected to grow steadily between 2022 and 2030. In the current …
Clad Pipe Market Is Expected To Register Robust Growth Over The Forecast Period By 2028 End, FMI
They are mostly used in the offshore oil & gas industry in high temperature and high pressure conditions as they exhibit high corrosion resistivity. Clad pipes are special corrosion-resistant pipes made by bonding carbon steel pipes with corrosion resistant alloys (CRAs) to withstand highly corrosive environments. Clad pipes are known to be special corrosion-resistant pipes that are …
Worldwide Bridge Bearings Market Is Projected To Reach Us$ 935 Mn By 2028: Future Market Insights Inc.
The presence of numerous global as well as regional players has led to widespread fragmentation in the global bridge bearings market. With increasing adoption of bridge bearings in the global construction sector, players in the market are focussing on strengthening their base in the early stages of product development. A new report from leading research firm …
Demand For Air Separation Plants In The Chemical Sector Will Remain The Highest With The Industry Accounting For Over 20% Market Share By 2028 End
The global air separation plant market enjoys a valuation of US$ 5.9 Bn, and projected to expand at a CAGR of 5% to attain a net worth of US$ 7.9 Bn by the end of 2028. Strong demand for air separation plants in the healthcare industry is expected to be a prominent trend favoring overall market growth across regions. The global market …
Bulk Material Handling System Market Rising Concern regarding Waste Management to Boost Sales
According to Future Market Insights (FMI), the bulk material handling system market revenue is expected to reach $5.1 billion in 2021. The incorporation of remote user connectivity and interface in equipment, as well as the use of telematics-based services by original equipment manufacturers (OEMs), will drive the market, yielding a 2.10 percent year-on-year growth in 2021. Bulk …