The social employee recognition system market is estimated to be worth US$ 15,441.0 million in 2023. In contrast, the 2022 value was US$ 13,333.2 million. The market is predicted to have an astonishing CAGR of 15.7% over the forecast period from 2023 to 2033. By the end of the forecast period in 2033, the market size is predicted to have shot up …
Category Archives: Technology Trends
Intelligent Transport Systems (ITS) Market Targets US$ 132.93 Billion by 2032, Boasting 13.4% CAGR
The intelligent transport systems (ITS) market is projected to reach a value of US$ 37.8 Billion by the end of 2022, with sales growing at a prolific CAGR of 13.4% over the forecast period of 2022-2032. The market will reach an estimated value of US$ 132.93 Billion by 2032. Elevated demand for enhanced transportation infrastructure and a growing need for better …
Electronic Trial Master File (eTMF) System Market Forecasted to Hit US$ 5.8 Billion, 12.9% CAGR by 2034
The global electronic trial master file (eTMF) system market recorded a valuation of around US$ 0.9 billion in 2019. In the following years, the demand for electronic trial master file (eTMF) software and services rose at a CAGR of 14.9%, creating a market worth US$ 1.5 million in 2023. Electronic trial master file (eTMF) systems make real-time cooperation and accessibility easier, which …
Church Management Software Market Growth Trajectory Predicts Exceeding US$ 405.0 Million by 2032
The global church management software market is estimated to garner US$ 405 Million while exhibiting a 5.7% CAGR during the 2022-2032 forecast period, according to a recently published FMI report. The market is expected to secure US$ 232.4 Million in 2022, yielding a dollar opportunity worth US$ 172.6 Million. The adoption of church management software in large …
PropTech Market: Anticipated Surge with a 9.3% CAGR, Envisioned to Reach US$ 47,842.5 Million by 2033
The PropTech market deals with technology for the real estate industry is predicted to grow at a fast rate of 9.3% each year from 2023 to 2033. By the time we reach 2033, this market is expected to be worth a whopping US$ 47,842.5 million more than it is today. The gap in communication between PropTech startups and incumbent real estate …
Cloud Encryption Market Predicted to Reach US$ 45.6 Billion by 2033, Surging with a Staggering 30.8% CAGR
The global revenue for cloud encryption market reached a substantial sum of US$ 3.1 billion in 2023, Anticipating strong growth, with a CAGR of 30.8% projected over the forecasted period, the cloud encryption market is poised to reach an impressive US$ 45.6 billion by the year 2033. The cloud encryption market currently accounts for around 4.5% of the total cloud security …
Partner Relationship Management (PRM) Market Growth Forecast Indicates Substantial Expansion, Eyeing US$ 4,676.1 Million by 2033
The partner relationship management (PRM) market revenue totaled US$ 1,302.7 million in 2023. It is anticipated that the PRM market will experience significant growth, reaching a total of US$ 4,676.1 million by 2033. This growth is projected to occur at a CAGR of 13.6% from 2023 to 2033. The partner relationship management (PRM) market currently represents around 8.5% of sales of …
VPN Software Market Gears Up for Promising Growth, Anticipates 14.1% CAGR Towards US$ 7.2 Billion by 2033
The global VPN software market is expected to reach a value of US$ 1.7 billion in the year 2023. This market is anticipated to continue expanding at a steady rate of 14.1% annually, eventually reaching a total worth of US$ 7.2 billion by the year 2033. VPN software is being adopted by businesses across the globe to provide remote workers with …
Network Forensics Market: A Lucrative Realm Poised for Growth with a Projected Valuation of US$ 8.9 Billion by 2032
The network forensics market, which involves investigating and analyzing digital network activities, is projected to expand substantially, reaching a whopping $8.9 billion by the year 2032. This growth is anticipated to occur at a noteworthy rate of 12.5% annually between 2022 and 2032. In simpler terms, more and more businesses and organizations are expected to invest …
Payment Processing Solution Market Projects 9.9% CAGR, Set to Reach US$ 231.7 Billion by 2032
The global payment processing solutions market is expected to secure US$ 231.7 Billion while exhibiting a CAGR of 9.9% during the forecast period from 2022 to 2032. The growing application of smartphones and increasing internet penetration across the globe are expected to play a significant role in driving the market in the forecast period. Moreover, various countries; …