In 2022, the worldwide Micro and Nano PLC market grew significantly, reaching an astounding US$ 8.9 billion in sales revenue. The market for micro and nano PLCs is expected to grow at a strong rate of 6% Compound Annual Growth Rate (CAGR) between 2022 and 2032, according to a thorough analysis published by Future Market Insights (FMI). …
Category Archives: Technology Trends
Semiconductor Lasers Market Poised for Remarkable Growth, Projected to Reach US$ 15.7 Billion by 2033
The worldwide semiconductor lasers market is expected to hit $8.8 billion by 2023. It is expected to be valued at $15.7 billion by 2033. The market is estimated to grow at a 5.9% CAGR from 2023 to 2033. The expanding usage of consumer devices, such as smartphones, tablets, laptops, and gaming systems, has raised the need for …
Revolutionizing Logistics: Global IoT in Supply Chain Market to Surpass US$ 41.8 Billion by 2033
The global IoT in supply chain market is expected to be worth $41.8 billion in 2033. It is estimated to be valued more than $12.4 billion by 2023. The global market is expected to grow at a 12.9% CAGR from 2023 to 2033. Several reasons contribute to the increased demand for Internet of Things (IoT) in the …
Global Human Augmentation Technology Market Poised for Remarkable Growth: Revenues Expected to Reach US$ 184.43 Billion in 2023
The global human augmentation technology market is on the brink of a substantial growth phase, with projected revenues of US$ 184.43 billion for the year 2023. This market segment has been witnessing an upward trajectory due to the increasing demand for innovative solutions aimed at enhancing human capabilities. A comprehensive analysis of market trends and projections showcases …
Refurbished Computers and Laptops Market: A Thriving Industry Projected to Reach US$ 47.3 Billion by 2033
According to a recent Future Market Insights (FMI) analysis, the global market for refurbished desktops and laptops is estimated to reach $17,854.1 million by 2023. Over the next ten years, refurbished laptop and computer sales are predicted to grow at a CAGR of 10.2%. By the end of 2033, the market is expected to be valued US$ …
Indirect Tax Management Market Set to Reach $17.57 Billion by 2033 – Robust Growth at 11.8% CAGR
The indirect tax management market is projected to grow at a healthy CAGR of 11.8% from 2023 to 2033, reaching US$ 5.744 billion in 2023. By 2033, the market is expected to be worth US$17.57 billion. A variety of reasons are predicted to cause the indirect tax management sector to grow more. Some of these problems include …
Revolutionizing Living Spaces: Home Elevator Market Projected to Surpass US$ 21.8 Billion by 2033
The global home elevator market is on the verge of remarkable expansion, with revenues expected to reach an impressive US$ 10,266.9 million in 2023, and further accelerating at a robust CAGR of 7.8%. By the year 2033, the market is poised to reach an astonishing US$ 21,825.2 million. This extraordinary growth is being driven by various factors …
AI-Powered Design Tools Market Soars: $4.3 Billion in 2023, Set to Reach $24.7 Billion by 2033
The AI-powered Design Tools Market is on an upward trajectory, poised for remarkable growth in the coming decade. According to recent market analysis, the global AI-powered Design Tools Market is projected to be valued at US$ 4.3 billion in 2023, with a promising CAGR of 17.3% expected during the forecast period. The market’s growth is primarily driven …
Power Inverter Market Set for Prosperous Growth: Predicts US$ 137.3 Billion by 2033
The global power inverter market had a value of approximately US$ 74.7 billion in 2022, and it is projected to reach around US$ 77.9 billion in 2023. According to forecasts by FMI, the market is expected to grow at a steady rate of 5.8% annually from 2023 to 2033. If this growth continues as anticipated, the total value of power …
Container As A Service (CaaS) Market Soars, Expected to Hit US$ 15.8 Billion by 2033
The container as a service (CaaS) market is expected to grow rapidly, with a Compound Annual Growth Rate (CAGR) of 23.1% throughout the forecast period. Currently, in 2023, the Container as a Service market is valued at US$ 1,966.6 million, and it is projected to reach a value of US$ 15,757.1 million by 2033. This indicates a significant and sustained …