The data centre colocation market is estimated to be worth US$ 69.7 billion in 2024 and is projected to be valued at US$ 279.1 billion in 2034. Between 2024 and 2034, the industry is expected to register a growth rate of 14.9%. The growing need for scalable and reliable IT infrastructure in industries owing to digital transformation is expected to drive the growth of …
Category Archives: Technology Trends
Decentralized Finance Technology Market Poised for a 28.4% CAGR, Envisaging a US$ 919.8 Billion Landscape by 2034 | Future Market Insights, Inc.
The global decentralized finance technology market is anticipated to reach a valuation of US$ 75.7 billion in 2024, driven by the integration of decentralized finance in gaming. The trend is expected to create new opportunities for the market, leading to a projected CAGR of 28.4% between 2024 and 2034, and reaching a total valuation of …
Global Mobile Wallet market to reach a valuation of US$ 138.5 billion by 2034, expanding at a 27.8% CAGR | Future Market Insights, Inc.
In 2023, it is estimated that the global mobile wallet market will be worth US$ 9.5 billion. It is anticipated that this market would be valued at US$ 11.9 billion by the end of 2024. The global mobile wallet market is anticipated to grow at a rate of 27.80% CAGR during the forecast period, reaching a valuation of US$ 138.5 billion by 2034. Request …
Global Market for Healthcare Chatbot to total US$ 12.2 billion by 2034, expanding at a whopping 23.9% CAGR- FMI Report
The healthcare chatbot market is on the brink of reaching a substantial valuation, projected to reach US$ 1.4 billion by 2024. The growth is primarily driven by the burgeoning interest and insights surrounding the healthcare chatbot market. The trend is anticipated to open doors to new opportunities within the market, with a projected CAGR of 23.9% from 2024 to 2034. By 2034, the market is …
Global Telecom Managed Services Market to reach a valuation of US$ 25.5 billion by 2034 FMI projection
In 2023, the market for telecom managed services was expected to be valued at US$ 22.9 billion. The market is projected to be valued at US$ 25.5 billion by the end of 2024. The global telecom managed service market is anticipated to grow at a 12.90% CAGR over the course of the forecast period, reaching …
Cloud Microservice Market Soars to US$ 11.3 Billion by 2034 with a Strong 19.1% CAGR | Future Market Insights, Inc.
The global cloud microservice market is anticipated to reach a valuation of US$ 2.0 billion in 2024, driven by micro frontends. The trend is expected to create new opportunities for the market, leading to a projected CAGR of 19.1% between 2024 and 2034, and reaching a total valuation of approximately US$ 11.3 Billion by 2034. …
Endpoint Detection and Response Market Expected to Reach US$ 32.4 Billion by 2034, rising at a whopping 23.2% CAGR: Future Market Insights Inc.
The endpoint detection and response market is estimated to be worth US$ 4.0 billion in 2024 and is projected to be valued at US$ 32.4 billion in 2034. Between 2024 and 2034, the industry is expected to register a CAGR of 23.2%. The rising concern for data security owing to the rising popularity of remote working is …
Revolutionizing the Game: Sports Analytics Market Set to Skyrocket, Anticipated to Reach US$ 31.4 Billion by 2034
The sport analytics market is estimated to be worth US$ 4.0 billion in 2024 and is projected to be valued at US$ 31.4 billion by 2034. Between 2024 and 2034, the industry is expected to register a growth rate of 22.9%. Advances in AI, machine learning, edge computing, and augmented reality will further enhance data collection, analysis, and interpretation in sports are the main …
Media Processing Solutions Market: Expected to Expand at 12.7% CAGR, Predicted to Hit US$ 52.1 Billion by 2032
The media processing solutions market was valued at US$ 15.8 Billion in 2022 and is predicted to reach US$ 52.1 Billion by 2032, growing at a 12.7% CAGR. The demand for media processing solutions is predicted to grow during the forecast period due to technical improvements and funds for research & development increase. The sales of media processing solutions are rising as the media processing …
Innovation Management Market Poised for Explosive Growth: Anticipated USD 3.1 Billion Revenue and 10.7% CAGR by 2032
The innovation management market is forecasted to reach a net worth of US$ 3.1 Billion in 2032, increasing from US$ 1 Billion in 2021. It is estimated to witness an impressive CAGR of 10.7% over the forecast years. Over the last decade, most global companies have transformed into digital modes requiring a higher degree of innovation in inventory management with agile data processing …