The global intelligent transport system market is expected to be worth US$ 37.8 billion by the end of 2022, with sales increasing at a 13.4% CAGR from 2022 to 2027. By 2027, the market is expected to be worth $70.8 billion USD. The market is expected to grow during the forecast period due to increased demand for improved …
Category Archives: Technology Trends
Unleashing Wireless Connectivity: North America’s Wireless Communication Equipment Market Set to Surpass US$ 40 Million with 8.4% CAGR 2027 | FMI
The global tunable filter market was worth approximately US$ 77 million in 2017 and is expected to be worth slightly more than US$ 159 million in 2027. This market is expected to grow at a 7.4% CAGR from 2017 to 2027. During this time, the global market is expected to see a twofold gain in revenue. According …
Securing the Future: Growing Demand for Security and Vulnerability Management Solutions in the United State 2027 | FMI
The security and vulnerability management market is anticipated to reach US$ 4.2 billion by the end of 2027, growing at a CAGR of 11.3% from its estimated value of US$ 2.5 billion in 2022. 5% of the world’s cybersecurity market is devoted to goods and services for security and vulnerability management. Important products in this industry include …
Scaling New Heights: Quad-Flat-No-Lead Packaging Market to Surpass US$ 235 Billion with a Remarkable 13.1% CAGR by 2027 | FMI
The global quad-flat-no-lead packaging market is valued at approximately US$ 62 billion and is predicted to exceed US$ 235 billion by the end of the projection year. The global quad-flat-no-lead packaging market is predicted to develop at a high CAGR of 13.1% from 2017 to 2027. The research report also covers various quad-flat-no-lead packaging alternatives, as well …
Dominating the Mobile CRM Landscape: North America Holds Largest Market Share of 25.7%, Projected to Reach US$ 52.4 Billion by 2029 | FMI
Mobile CRM Market is expected to reach US$ 26.2 Billion in 2022 and US$ 52.4 Billion by the end of 2029, likely to surge at a vigorous 10.4% CAGR during the assessment period. The growth of mobile CRM market is underpinned by a slew of factors, spanning from evolving gears of technology to the ubiquitous use …
United States Defense Sector Expands Continuous Monitoring with a US$ 120.62 Billion Network by 2033 | FMI
The market for defence communication systems is expected to reach an estimated value of US$ 43.4 billion in 2022 and US$ 62.6 billion in 2026, growing at an excellent CAGR of 9.6% over that time. Sales of defence communication systems currently hold a 25% market share in the aerospace and defence industries worldwide. In the upcoming years, …
Rising Security Threats Drive Significant Investment in Fiber Optic Perimeter Security, Fueling Market Growth in the United States | FMI
According to projections, the Perimeter Intrusion Detection Market would be worth US$ 152.4 billion in 2022 and US$ 339.3 billion in 2028, growing at a remarkable CAGR of 14.3% during that period. The perimeter intrusion detection system is currently the main focus when creating a security plan for a number of industrial sectors. Globally, business verticals are …
United State America Spearheads the IAM Market with Advanced Technologies and Workforce Infrastructures, Projected to Achieve Robust 9.2% Growth by 2033 | FMI
The identity & access management (IAM) market size is projected to be valued at US$ 14.4 billion in 2023 and is expected to rise to US$ 49.3 billion by 2033. The sales of identity & access management are expected to record a CAGR of 13.1% during the forecast period. Identity & access management market is highly fragmented …
Fortifying Digital Defense: Hardware Security Modules Fueling Robust Growth in the United States with a 15.8% CAGR from 2023 to 2033 | FMI
The worldwide hardware security module (HSM) market income added up to US$ 1.2 Bn in 2021. The market is supposed to arrive at US$ 6.6 Bn by 2032, showing development at a 16.2% CAGR somewhere in the range of 2022 and 2032. A hardware security module is also referred to as Secure Application Module (SAM), Personal Computer …
Visualizing the Future: Advancements in (3D/4D) Visualization Systems Propel Sales Growth in the United States with a 2.6% CAGR by 2033 | FMI
The advanced (3D/4D) visualization systems market is a rapidly growing market that involves the use of advanced visualization technologies to provide enhanced views of medical images and data. These systems are used in a range of applications, including medical imaging, surgery planning, and medical education. The advanced visualization systems market includes technologies such as 3D and 4D …