The global non-ionizing radiation EMF detection, measurement, and safety market is expected to reach US$ 94.5 Billion by 2032, rising at a 3.6% CAGR between 2022 and 2032, according to FMI Analysts. The market was estimated to be worth US$ 66.3 billion in 2022. Due to an increase in the use of electrical and electronic devices throughout the projection period, it …
Category Archives: Technology Trends
AI in IoT Market on the Brink of Explosive Growth: Projected CAGR of 6.4% and US$ 153.1 Billion by 2033
The AI in IoT market is predicted to grow steadily at a rate of 6.4% over the coming years. By 2033, it’s expected to reach a value of approximately US$ 153.1 billion. As more and more transportation and connected devices need to keep track of their assets and performance, there’s a growing need for special services to help …
Application Virtualization Market Predicted to Achieve Remarkable Growth with a 12.9% CAGR, Eyeing US$ 14,365.1 Million by 2033
The application virtualization market is expected to experience remarkable growth, with a projected Compound Annual Growth Rate (CAGR) of 12.9% from 2023 to 2033. This growth is anticipated to result in a market value of approximately US$ 14,365.1 million by 2033. The primary drivers of the adoption of application virtualization are enhancing security and streamlining the administration …
Next-Gen Firewall Market Evolution: Predicted 9.1% CAGR Sets Sights on US$ 8.5 Billion by 2033
The next-gen firewall market is projected to grow to approximately US$ 8.5 billion, with an annual growth rate of 9.1% from 2023 to 2033. The rise in data hacking activities and cyber-attacks is encouraging enterprises to focus on the detection of better security solutions. Hence, demand for next-gen firewall systems for securing information deployed on the cloud …
Fiber Optic Connectivity Market Poised for Remarkable Growth, Projected to Reach US$ 7.7 Billion by 2033 with 9.5% CAGR
The fiber optic connectivity market is expected to grow significantly, reaching a value of US$ 7.7 billion by the year 2033. This market is experiencing steady growth at a rate of approximately 9.5% per year during the forecast period. The market is also predicted to expand throughout the forecast period as a result of the increased global …
Out of Band Authentication Market Targets US$ 4.3 Billion by 2032 with 13.2% CAGR
The global out of band authentication market is estimated to garner US$ 4.3 Billion while exhibiting a 13.2% CAGR during the forecast period. The growing support from several governments is likely to fuel the market growth in the coming years. The industry is expected to secure US$ 1.2 Billion in 2022. The rising need for frictionless out of band authentication solutions among organizations …
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Industrial IoT Market: Forecasting a Robust 12.1% CAGR, Targeting US$ 1,392,133.7 Million by 2033
The industrial IoT market is expected to grow significantly, with a notable 12.1% annual growth rate. By the year 2033, it is projected to reach a substantial value of US$ 1,392,133.7 million. This indicates a promising future for IIoT technologies in various industries. Technological developments in semiconductor and electronic devices, growing usage of cloud computing platforms, standardization …
Fixed Asset Management Software Market Sees Explosive Growth, Projected to Reach US$ 11.4 Billion by 2032
The worldwide expected size for fixed asset management Software market was US$ 3.8 billion in 2021 and US$ 4.2 billion in 2022. The market is anticipated to grow at a CAGR of 10.6% from 2022 to 2032, when it will reach US$ 11.4 billion. The market is anticipated to be significantly impacted by the rapid adoption of …
Fiber Optic Collimating Lens Market: Projected Surge with an 11.6% CAGR, Aiming for US$ 2,394.5 Million by 2033
The fiber optic collimating lens market is on a remarkable growth trajectory, with projections indicating it will exceed a valuation of US$2,394.5 million by the year 2033. This impressive ascent is driven by a robust CAGR of 11.6%. The growing need for fast internet is expected to stimulate the demand for internet connections. This is likely to strengthen the demand …
Enterprise VSAT Systems Market Gears Up for Substantial Growth, Aiming for US$ 7.4 Billion by 2033
The global enterprise VSAT systems market reached a value of US$ 4.9 billion in 2023. Over the next decade, from 2023 to 2033, it is anticipated to grow steadily at a rate of 4.5%. By 2033, this market is expected to reach a value of US$ 7.4 billion. Increased adoption of VSAT systems in the maritime industry is …