In 2024, the tablet industry is projected to grow to a whopping US$ 99,114.8 million. Tablet demand is expected to grow at a compound annual growth rate (CAGR) of 13.30% until 2034. It is anticipated that the market value would exhibit an increasing trend and reach US$ 3,44,773.9 million by 2034. The growing need for portable computing …
Category Archives: Press Release
Social Business Intelligence Market Set to Soar: Projections at US$ 49.6 Billion by 2034
Based on income from worldwide deployment, FMI projects that the global market for social business intelligence will be worth US$ 17 billion by the end of 2017. The market is anticipated to have expanded at a compound annual growth rate (CAGR) of 6% by the end of 2026. An estimated US$ 29 billion is its value. According …
Residential Water Treatment Devices Market Predicted to Reach USD 23,721 Million by 2033, with a CAGR of 5.2%
The residential water treatment devices market is expected to be valued at USD 14,220.6 million in 2023 and is forecasted to grow to USD 23,721 million by 2033. Throughout the forecast period, the market is experiencing a Compound Annual Growth Rate (CAGR) of 5.2%. Health Concerns: Rising consumer awareness about healthy lifestyles is driving the demand for …
Car Rental Service Market: Projections Suggest a Surge Beyond USD 307.5 Billion by 2033
The global car rental service market is projected to accrue a value of US$ 307.5 billion by 2033, with the demand growing at a healthy CAGR of 7.2% from 2023 to 2033. The market will likely reach an estimated US$ 153.4 billion in 2023. Substantial growth in the number of people taking business and leisure travel trips is spurring the demand …
GCC Air Purifiers Market Projected to Hit USD 565.07 Million by 2032, with a Notable 17.1% CAGR | FMI Reports
The GCC air purifiers market is expected to achieve a valuation of USD 565.07 million by 2032, marking a notable compound annual growth rate (CAGR) of 17.1% from 2022 to 2032. It is foreseen that the commercial sector will contribute to over 90% of the total revenue generated in the air purifier market. Here’s Why You Should …
Halal Cosmetics Market Forecasted to Reach USD 127.8 Billion by 2033, Driven by Rising Demand for Eco-Friendly Products
The Halal Cosmetics Market is predicted to be worth USD 42.65 billion in 2023 and rise to USD 127.8 billion by 2033. Demand initially expanded at a market CAGR of 11.6% between 2023 and 2033. Global Demand Surge: The demand for halal cosmetics is witnessing a global upswing, particularly in regions with significant Muslim populations like the United …
India’s Ready-to-Mix Food Market Set to Soar: Projected 14.8% CAGR Through 2033
The India ready-to-mix food market value is likely to jump from USD 440.1 million in 2023 to USD 1,749.7 million by 2033. The demand for ready-to-mix food in India is expected to be driven by an impressive CAGR of 14.8% over the next decade. RTE food items are gaining huge demand in India as consumers seek the most out …
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Smart Water Bottle Market Forecast: Anticipating a Surge to USD 96,755 Million by 2033
In 2022, the market for smart water bottles was valued at US$ 31,229.9 million. The market for such interactive vessels is expanding as more sports fans choose equipment that improves their training. By 2033, sales are expected to be valued at US$ 96,755 million, anticipated to incline at a CAGR of 10.9%. Significant industry growth factors are the increase in …
Ecotourism Market Valuation to USD 90.95 Billion by the End of 2033 | Report By FMI
In 2023, the global ecotourism market is projected to hit US$ 22.48 billion, with a forecasted surge in overall sales at a Compound Annual Growth Rate (CAGR) of 15%. By 2033, this trajectory is expected to elevate the market valuation to US$ 90.95 billion. The substantial growth is indicative of the increasing preference for sustainable travel options …
ASEAN Organic Cosmetics Market Projected to Attain a Valuation of USD 9,484.4 Million by 2033: Import and Export Statistics | FMI
Consumer product industry analysts predict that the ASEAN organic cosmetic market is set to reach a value of USD 9,484.4 million by 2033. They anticipate a steady Compound Annual Growth Rate (CAGR) of 5.2% for ASEAN organic cosmetic providers until 2033, starting from a valuation of USD 5,605.4 million in 2023. The increasing demand for vegan and …