The FMI report on enterprises worldwide states that in 2018, the global market for LTE and 5G had a meagre worth of US$ 507.3 million. On the other hand, the usage of LTE and 5G services increased dramatically on a worldwide scale, averaging 8.7% annual growth between 2018 and 2022. By the end of 2022, …
Category Archives: Technology Trends
Global AI Platform Cloud Service Market Soars: Demand Projected to Reach US$ 30.5 Billion by 2032
The global AI platform cloud service market is set to surge, with a projected value of US$ 8.3 billion in 2022, and it’s poised to grow at an impressive CAGR of 20.3% over the next decade, reaching a staggering US$ 30.5 billion by 2032. This remarkable growth is primarily driven by the escalating demand for intelligent business …
Cloud IAM Market Projected to Reach US$ 25,539.2 Million by 2032, Growing at a CAGR of 18.3%
Future Market Insights’ (FMI) research of the cloud IAM market projects that the industry’s adoption will expand at a compound annual growth rate (CAGR) of 18.3% between 2022 and 2032. By the end of 2032, the market is predicted by the analysis to be valued at around US$ 25,539.2 million. Integration of machine learning and …
Alarm Management System Market Poised for Robust Growth, Expected to Reach $3,281.5 Million by 2033
The global alarm management system market value is expected to jump from US$ 1,025.6 million in 2023 to US$ 3,281.5 million by 2033. This estimated growth is expected to be driven by an impressive CAGR of 12.3% in the global alarm management system market over the next decade. End-use industries seek new alarm management solutions that provide …
Facility Management Software Market: Strong Growth Expected, Reaching $72.2 Billion by 2033
The Facility Management Software Market has witnessed remarkable growth, with revenues totaling an impressive US$ 20,985.1 Million in 2023. This dynamic sector is poised for substantial expansion, projected to reach an estimated US$ 72,168.4 Million by 2033. This ten-year forecast anticipates a robust Compound Annual Growth Rate (CAGR) of 12.0% from 2023 to 2033. Request a Sample …
5G Testing Market to Surge at 8.2% CAGR, Reaching US$ 7.8 Billion by 2034
The global 5G testing market is estimated at nearly US$ 3.6 billion. The market research report hints the year-on-year growth in demand for 5G testing equipment and services is likely to be 8.2% CAGR through 2034. The research report further forecasts the worldwide 5G testing industry value to reach US$ 7.8 billion by 2034 end. The 5G testing market valuation was …
Continue reading “5G Testing Market to Surge at 8.2% CAGR, Reaching US$ 7.8 Billion by 2034”
Regulatory Information Management Market Soars to US$ 6,119.9 Million by 2034 with 11% CAGR
The demand for regulatory information management market will increase at a CAGR of 11% through 2034. Furthermore, the regulatory information management system (RIMS) industry value is forecasted to reach US$ 6,119.9 million by 2034. Life sciences and medical device companies involved in the development of innovative equipment adopt RIMS solutions for marketing clearance for their products. The regulatory information management market …
Digital Repeater Market Aims for US$ 1,054 Million with 8.6% CAGR by 2032
The digital repeater market sales are expected to increase from US$ 462.2 million in 2022 to US$ 1,054 million in 2032, expanding at a CAGR of 8.6%. Demand for strong signals in both public and private infrastructure, such as campuses, business parks, colleges, and institutions, as well as the growing telecommunication network infrastructure, are anticipated to boost the growth of …
Continue reading “Digital Repeater Market Aims for US$ 1,054 Million with 8.6% CAGR by 2032”
VSaaS Market Targets US$ 21.1 Billion by 2032, Riding High on 9.6% CAGR Growth
The VSaaS market revenues were estimated at US$ 7.6 Billion in 2021 and are anticipated to grow at a CAGR of 9.6% from 2022-2032, according to a recently published Future Market Insights report. The market is expected to reach a valuation of US$ 8.5 Billion in 2022 and US$ 21.1 Billion by 2032. VSaaS is being pushed by growing user concerns …
Continue reading “VSaaS Market Targets US$ 21.1 Billion by 2032, Riding High on 9.6% CAGR Growth”
Terrestrial Trunked Radio (TETRA) Market Flourishes 11.9% CAGR Propels Revenue to US$ 26.8 Billion by 2032
The terrestrial trunked radio (TETRA) market was estimated at US$ 4.4 Billion in 2016 and is anticipated to grow at a CAGR of 11.9% from 2022-2032, according to a recently published Future Market Insights report. By the end of 2032, the market is expected to reach a valuation of US$ 26.8 Billion. The growing need for encrypted communication and security …