The surge protection device market is expected to be worth US$ 2,864.50 million in 2024. By 2034, the market is projected to be valued at US$ 6,256.50 million. The adoption of surge protection devices is likely to expand at a steady CAGR of 8.10% from 2024 to 2034. The surge protection device market is experiencing a surge due to the electrification of transportation. With the rapid growth of …
Category Archives: Technology Trends
Global GPS Tracker Market Poised for Significant Growth, Projected to Reach US$ 7,228 Million by 2034
According to a recent report published by Future Market Insights, titled “GPS Tracker Market: Global Industry Analysis (2012–2016) and Opportunity Assessment (2017–2027),” the global GPS tracker market is poised for remarkable expansion, with revenue projected to reach US$ 3,482.3 million by 2027. This indicates a substantial Compound Annual Growth Rate (CAGR) of 8.4% during the forecasted period. The surge in …
Advanced Analytics Market Set to Skyrocket, Projected Worth of US$ 26.7 Billion by 2034
The growth of self-service analytics is expected to propel the worldwide advanced analytics market to US$ 15,149.8 million by 2024. The trend is anticipated to open up new market possibilities, resulting in a predicted 5.8% compound annual growth rate (CAGR) between 2024 and 2034 and a total valuation of around US$ 26,688.0 million by that year. Investing …
According to FMI Interactive Projector Market Size, Forecast, Analysis & Share Surpass USD 6.9 Billion | 2032, At 10.4% CAGR
The global interactive projector market is anticipated to grow at a CAGR of 10.4% and reach USD 6.9 billion from 2022 to 2032. In 2022, it’s estimated to be worth USD 3.7 billion. An important factor that is anticipated to increase demand for interactive projectors during the forecast period is their lower cost when compared to interactive …
Global 3D Sensor Market is Expected to Generate USD 9.0 Billion by 2032: Future Market Insights, Inc.
According to a Future Market Insights (FMI) report, the global 3D sensor market reached a remarkable milestone, with a demand exceeding USD 2.5 Billion in 2022. But that’s just the beginning of an exciting journey, as experts forecast a breath-taking compound annual growth rate (CAGR) of over 26.0% that is set to catapult the market to approximately USD 9.0 Billion by 2032. Automotive …
Artificial Intelligence Systems Spending Soars: Market Set to Reach US$ 516.2 Billion by 2027
The global “artificial intelligence systems spending market” is anticipated to soar with a staggering 46.1% CAGR throughout the projection period between 2017 and 2027. The coronavirus pandemic benefits from the coronavirus outbreak as businesses are remodelling operations to allow employees to work from home. Further, increased spending on online communications and cloud technologies will generate …
XYZ 2022 Future Analysis, Demand by Regions and Opportunities with Challenges 2032
The global wearable fitness tracker market is anticipated to reach a valuation of US$ 30,922.1 million in 2024, driven by incorporation of AI and ML. The trend is expected to create new opportunities for the market, leading to a projected CAGR of 15.7% between 2024 and 2034, and reaching a total valuation of approximately US$ 133,218.4 million …
Global Video Intercom Device Market to Total US$ 128,200 Million by 2033, Rising at a 13.2% CAGR | Future Market Insights, Inc.
According to a Future Market Insights (FMI) report, the market for video intercom devices was estimated to be worth US$ 32,780.7 Million in 2022. It is anticipated that the industry would be valued US$ 37,020.3 Million by 2023. The video intercom device market is going to expand at a 13.2% CAGR over the course of the forecast period, reaching a valuation of US$ 128,200.0 …
Global Family/Indoor Entertainment Centres Market Thrives with 13.3% CAGR, Set to Reach US$ 61 Billion by 2027
The worldwide family/indoor entertainment centre (FEC) market has grown significantly, and Future Market Insights (FMI) projects that by the end of 2027, sales would have increased significantly from over US$ 17 billion in 2017 to about US$ 61 billion. The industry’s remarkable rise, with a Compound Annual Growth Rate (CAGR) of 13.3% between 2017 and 2027, …
GaN Power Devices Market Soars with 23.1% CAGR, Reaching US$ 800 Million by 2027
The Japan GaN Power Devices Market has exhibited remarkable growth, boasting a CAGR of 17.8% from 2012 to 2016. This trend is set to continue, with expectations of a soaring CAGR of 23.1% from 2017 to 2027. In 2017, the market value surpassed US$100 million, and projections indicate it will surge to over US$800 million by the …
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