The global smart bed market size is expected to be valued at US$ 3.42 Billion in 2023. With the rise in the purchase of luxury and comfortable products, due to increasing disposable income, coupled with the rising awareness about the benefits of smart beds, the overall demand for smart beds is projected to grow at a CAGR …
Category Archives: Technology Trends
Smart Home Services Market Poised for Rapid Growth, Valued at $7.5 Billion in 2023 and Expected to Reach $31.41 Billion by 2033
The market for smart home services is projected to grow from $7.5 billion in 2023 to $31.41 billion in 2033. The market is projected to expand at a CAGR of 15.4% over the course of the forecast period. The demand for cognitive systems in today’s smart homes is developing quickly, which is driving this industry’s expansion. The …
Revenue Management Software Market Poised for Significant Growth, Driven by Innovative Solutions and Expanding Applications
The revenue management software market is predicted to be worth US$ 20.09 billion in 2023, and rise to US$ 71.27 billion by 2033. The global industry was expanding at a CAGR of 9.6% during 2018 to 2022.The distinctive features of revenue management software can change the pace of the market growth. The foundation of a …
Electronic Manufacturing Services Market Poised to Achieve Remarkable Growth, Exceeding US$ 859.96 Billion by 2033
The increasing demand and strong sales of consumer electronics are expected to propel the worldwide market for Electronic Manufacturing Services (EMS) to significant growth. By the end of 2023, the Electronic Manufacturing Services market is expected to be valued US$ 541,554.4 million, based on the most recent market forecasts. It is anticipated that this market …
Calibration Management Software Market: Projected CAGR of 5.3%, Valued at US$ 335.2 Million in 2023
The calibration management software market is valued at US$ 335.2 million in 2023 and is predicted to surpass US$ 563.5 million by 2033. The demand for calibration management software is expected to expand at a modest 5.3% CAGR during the forecast period. The calibration management software industry is driven by several factors contributing to its development and …
Multichannel Networks Market Surges with a 12.8% CAGR, Projected to Reach US$ 14.5 Billion by 2032
During the forecast period, the multichannel networks market is expected to grow at a CAGR of 12.8% globally. The multichannel networks market is projected to transcend US$ 14,547.7 Mn by 2032 and reach a market worth US$ 4,363.5 Mn in 2022. Internet users’ increased use of video platforms has given multichannel networks new opportunities to provide video …
Bird Detection System Market Soars: Expected to Reach US$ 222.0 Million by 2033, Reveals Latest Industry Report
The market for bird detection systems is expected to reach a worth of US$ 134.6 million in 2023 and grow at a compound annual growth rate (CAGR) of 5.1% over the course of the forecast period. The market is anticipated to grow and reach a remarkable US$ 222.0 million by 2033. The rise in airports …
Legal Transcription Market Trends US$ 3,267.7 Million Projected by 2029 with 6.5% CAGR
The legal transcription market valued at approximately US$ 1,988.9 Million in 2021, is on a trajectory of impressive growth, with a projected CAGR of 6.5%. By the year 2029, it is anticipated to reach a substantial valuation of US$ 3,267.7 Million. This robust expansion underscores the increasing demand for transcription services within the legal sector, driven by the need …
Middle East & Africa Data Storage Market Poised for US$ 8.43 Billion Revenue by 2025, 14.3% CAGR
The middle east & africa data storage market is projected to grow at a prolific CAGR of 14.3% between 2022 and 2025, surpassing a valuation of US$ 8.43 Billion by 2025. According to a new report published by Future Market Insights titled “Data Storage Market: Middle East & Africa Industry Analysis (2017-2021) and Opportunity Assessment (2022–2025),” Major factors responsible for the …
Digital Power Conversion Market Eyes 11.8% CAGR, US$ 38,340 Million by 2029
The digital power conversion market is expected to grow from US$ 17,606 Million in 2022 to US$ 38,340 Million by 2029 and exhibit a remarkable 11.8% CAGR between 2022 and 2029. Increasing demand for power supply solutions will continue to bolster the growth of the digital power conversion market over the following years. The rising adoption of electric cars and smart …
Continue reading “Digital Power Conversion Market Eyes 11.8% CAGR, US$ 38,340 Million by 2029”