Global Network Function Virtualization (NFV) Market was valued at US$ 3.9 Bn in 2021 and is expected to reach US$ 7.8 Bn by 2032, finds Future Market Insights (FMI) in a recent market survey. As per the findings of the report telecommunication application will remain pivotal for the market as the bulk of revenue will …
Category Archives: Press Release
Telecom Internet Of Things (IoT) Market Forecasted CAGR of 21.9% During Forecast Period 2022-2032
Telecom Internet of Things market is considered as the fastest growing market and it provide enhanced connectivity solutions to numerous smart devices. The estimated value of the global telecom Internet of Things (IoT) in 2022 was US$ 45,733.3 million. With a predicted CAGR of 21.9% from 2022 to 2032, the market is anticipated to reach …
SCADA Alarm Management Market Outlook, Current and Future Industry Landscape Analysis 2031
The SCADA Alarm Management market is expected to grow at a high CAGR of 12% during 2021-2031, and is projected to reach US$ 1.5 Bn by 2031. A successful SCADA alarm notification system requires that the real-time information is to be shared with the operators in a timely manner. The main purpose of these systems is to …
Optocouplers Market Current and Future Demand, Analysis, Growth and Forecast By 2031
The Optocouplers market is expected to grow at a CAGR of approximately 9% during 2021-2031, and is projected to reach nearly US$ 6 Bn by 2031. An optocoupler is a passive optical component that can split or combine optical power/transmission data from optical fibers. The key role of an optocoupler is to avert high or dynamic voltages on one side …
Multi-Cloud SDN Market : Notable Developments & Geographical Outlook 2031
Multi-Cloud SDN (FMC) market is expected to grow at a high CAGR of 12% during 2021-2031, and is projected to reach US$ 15 Bn by 2031. A multi-cloud SDN approach enable users to make seamless cloud-to-cloud connections over a low-latency direct connection that bypasses the public internet for offering enhanced security. SDN architectures make it much easier …
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Smart Sensor Market is Projected to Rise at a Prolific CAGR of Around 19.2% between 2022 – 2032 | FMI
In 2022, the global smart sensor market is expected to be worth approximately US$ 37.6 billion. However, with increasing adoption of smart sensors across diverse end-use verticals such as consumer electronics, automotive, security & defence, and healthcare, overall sales of smart sensors are expected to rise at a rapid CAGR of around 19.2 percent between 2022 and …
NFC Reader ICs Market 2022 Research, Segmentation, Key Players Analysis and Forecast to 2032
The market for NFC reader ICs was valued at about US$ 18 billion globally in 2021, and it is anticipated to reach US$ 50 billion by 2032. Additionally, due to growing demand for NFC reader ICs from a variety of industries, including BFSI, healthcare, and media & entertainment, the global market for NFC reader ICs is expected …
GigE Camera Market is Expected to Exhibit Growth at a CAGR of 9.1% from 2022 – 2032 | Report by FMI
The global GigE camera market is anticipated to develop at a CAGR of 9.1% from 2022 to 2032, reaching US$ 5.8 billion. In 2022, its estimated worth will be US$ 3.5 billion. Sales of GigE cameras are expected to increase in the coming years as a result of these cameras’ capacity to transport data swiftly during certain …
3D Sensor Market is Forecast to Grow at a Prolific CAGR of over 26.0% from 2022 – 2032 | FMI
The global 3D sensor market is expected to reach US$ 2.5 billion in 2022. The overall market is expected to grow at a CAGR of more than 26.0 percent, reaching around US$ 9.0 billion by 2032. The market is expected to be driven by the increasing adoption of 3D sensors across various industries such as automotive and …
Near Field Communication (NFC) Market is Expected to Reach US$ 44.7 Bn by 2032 – Report by FMI
The global near field communication (NFC) market is expected to generate an absolute dollar opportunity of US$ 19 billion by the end of 2022. NFC sales are expected to reach US$ 44.7 billion by 2032, growing at a CAGR of 15% between 2022 and 2032. The market is expected to be driven by increased application in the …