The global NFC reader ICs market refers to the industry that manufactures and distributes ICs built specifically for NFC reader applications. NFC is a wireless communication technique that allows devices to connect by bringing them together in close proximity, often within a few millimeters. The global market for NFC reader ICs is predicted to exceed US$ 18 …
Category Archives: Technology Trends
Micro-Miniature Co-axial Adapter Market Segment Achieves US$ 5.8 Million, Predicts 5.5% CAGR by 2028
The micro-miniature co-axial adapter market is projected to increase at a CAGR of 5.5% throughout the forecast period, increasing in value from US$ 3.7 Million in 2018 to US$ 5.8 Million by 2028. Because they are far more useful when joining than cables and other pieces of equipment, micro-miniature co-axial adapters are in high demand. As a result, micro-miniature co-axial adapter …
Dynamic Random Access Memory (DRAM) Market Forecasted US$ 10.3 Billion Market by 2032, 5% CAGR Growth
The global dynamic random access memory (DRAM) market is anticipated to increase at a CAGR of 5% from 2022 to 2032, reaching US$ 10.3 billion. By the end of 2022, it is anticipated to surpass the US$ 6.9 billion mark. The fast global uptake of personal computing devices is probably going to drive up the price of DRAM shortly. Located …
Magneto Optic Current Transformer Market Projection: US$ 563.6 Million by 2032 on a 9.3% CAGR Trajectory
The magneto optic current transformer market, which is presently valued at US$ 232.4 in million 2022 and is expected to reach US$ 563.6 million in 2032, increasing at a CAGR of 9.3%. Increased need for power across all industries, rapid improvements in electrical and electronic technologies, and a variety of other reasons have all contributed to …
GigE Camera Market Set to Skyrocket with 9.1% CAGR, Expected to Surpass US$ 5.8 Billion by 2032
The global GigE camera market is expected to grow at a CAGR of 9.1% from 2022 to 2032, reaching US$ 5.8 billion. It is expected to be worth US$ 3.5 billion in 2022. Sales of GigE cameras are projected to expand in the coming years as a result of their ability to convey data quickly during particular jobs that require the usage …
Procurement Analytics Market: Projected Surge to US$ 24.8 Billion by 2032, Driven by 22.5% CAGR
The procurement analytics market is expected to develop at a CAGR of 22.5% from 2022 to 2032, with revenues estimated at US$ 2.6 Billion in 2021. The market is estimated to be worth US$ 24.8 billion by the end of 2032. As SMEs’ revenue has increased, they have begun to invest in technology to optimise their supply chain and reduce operational …
Interactive Projector Market Brightens: Anticipates 10.4% CAGR Surge, Eyes US$ 6.9 Billion Opportunity by 2032
The global interactive projector market is anticipated to grow at a CAGR of 10.4% and reach US$ 6.9 billion from 2022 to 2032. In 2022, it’s estimated to be worth US$ 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 …
Industrial Machine Vision Market Surges Towards US$ 16.46 Billion by 2032 with 6.9% CAGR Projection
The industrial machine vision market refers to the use of advanced vision systems and technologies in various industrial applications. Machine vision systems utilize cameras, sensors, and image processing algorithms to automate inspection, measurement, and quality control processes in manufacturing and industrial settings. The market for industrial machine vision worldwide is anticipated to reach US$ 8.45 billion in …
Smart Sensor Market Projects 19.2% CAGR, US$ 88 Billion by 2032
The global smart sensor market is anticipated to be worth around US$ 37.6 billion in 2022. However, with increasing adoption of smart sensors across diverse end-use verticals such as consumer electronics, automotive, security & defense, and healthcare, overall smart sensor sales are expected to grow at a rapid CAGR of 19.2% between 2022 and 2032, totaling more than US$ 88 …
Continue reading “Smart Sensor Market Projects 19.2% CAGR, US$ 88 Billion by 2032”
Microwave Backhaul System Market Forecasts 10.7% CAGR, US$ 4.1 Billion by 2032
The microwave backhaul system market is assessed to ascend to US$ 1.5 Billion in 2022 and is probably going to arrive at US$ 4.1 Billion by 2032 with a CAGR of 10.7% during the conjecture time frame from 2022 to 2032. Microwave backhaul systems are used for transferring digital data between two distributed points over a radio link. Microwave backhaul technologies …
Continue reading “Microwave Backhaul System Market Forecasts 10.7% CAGR, US$ 4.1 Billion by 2032”