The 3D metrology industry is expected to be valued $10.85 billion in 2023, increasing to $24.53 billion by 2033. Between 2023 and 2033, the worldwide industry expanded at an 8.5% CAGR. To address capital restrictions, several firms are working on building unique portable scanners that are coupled with supplementary software. The need for 3D metrology …
Category Archives: Technology Trends
Global GNSS Chip Industry to Reach US$ 9.7 Billion by 2032, Driven by High Demand in Semiconductor and Electronics Industry
The global GNSS Chip Market sector is expanding rapidly, fuelled by increased demand from the semiconductor and electronics industries. As of 2022, the market’s projected worth was an astounding US$ 5.2 billion, with estimates predicting a significant growth to US$ 9.7 billion in 2032. This amazing growth is largely due to the expanding prospects given …
Open-Source Intelligence (OSINT) Market is anticipated to surpass US$ 58.21 Billion by 2033, at a CAGR of 25% | Future Market Insights, Inc.
The open source intelligence market is securing a valuation of US$ 6.25 billion in 2023 and is projected to reach US$ 58.21 billion by 2033. The market is capturing a CAGR of 25% during the forecast period. How are Organizations Surging the Open Source Intelligence Market? Organizations are growing the market in several ways, including: Developing OSINT …
QR Code Payment Market Surges: FMI Predicts Exponential Growth, Projecting Over US$ 55.60 Billion by 2033
According to a recent FMI research, the QR code payment Market is expected to reach US$ 11.67 billion by 2023. The usage of QR code payments is expected to exceed $55.6 billion by 2033, with a CAGR of 16.9% between 2023 and 2033. The Rise of QR Code Payments: QR code payments have gained tremendous …
Smart Thermostat Market is estimated to reach worth US$ 35.7 Billion by 2033 end, accelerating at a growth rate of 23.9% CAGR | Future Market Insights, Inc.
According to FMI, the smart thermostat market might increase from $4.18 billion in 2023 to $35.70 billion in 2033. The market is expected to develop rapidly between 2023 and 2033, with a CAGR of 23.9%. The massive rise may be ascribed to expanding customer demand for smart technology and energy-saving solutions, which is driving demand …
AS-Interface Market is Projected to Reach US$ 2.5 Billion by 2032 | Future Market Insights, Inc.
The AS-interface industry is expected to develop significantly, reaching a value of US$ 2.5 billion by 2032. It is predicted to increase at a 6.5% CAGR from 2022 to 2032. In 2022, the market was estimated to be worth $1.1 billion. Changing market trends are pushing up demand for actuator sensor (AS) interfaces in a …
Camera Technology Market is set to surpass US$ 25.3 Billion by 2032 amid growing need for Video Surveillance in Defense & Aerospace Industries | Future Market Insights, Inc.
The worldwide camera technology market is expected to reach $25.3 billion by 2032. It is expected to have a substantial CAGR of over 12.0% during the forecasted time period. The global market is expected to be worth roughly US$ 8.1 billion in 2022. In several industries, there is a rising demand for advanced monitoring systems. …
Emergency Shutdown System Market may Surpass US$ 4.4 Billion by 2032 at a CAGR of 8.1% as demand from the Power Generation sector rises | Future Market Insights, Inc.
In 2022, the worldwide emergency shutdown system market is expected to generate around US$ 2.0 billion. Sales of emergency shutdown systems are expected to grow at an 8.1% CAGR throughout the projected period. By 2032, the global market for emergency shutdown systems will be worth US$4.4 billion. Emergency shutdown solutions continue to be widely adopted …
Electric Linear Actuator Market Surpasses US$ 20 Billion, Projected to Reach US$ 34 Billion by 2032
In 2022, the global sales market for electric linear actuators was valued at $20.5 billion. Over the next ten years (2022-2032), the global electric linear actuator market will grow at a 5.3% CAGR. The global market size is expected to be over $34.3 billion. DC electric linear actuators will continue to be the best-selling category …
Supply Chain Management BPO Market Targets US$ 73,347 Million by 2033, 9.7% CAGR
The supply chain management BPO market is expected to be worth US$ 28,983.5 million. The market is expected to reach US$ 73,347 million by 2033, expanding at a 9.7% CAGR throughout the forecast period. The supply chain management business process outsourcing (BPO) market refers to a specialized sector in the broader BPO industry. It focuses on offering outsourced solutions for complex …
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