A recent FMI analysis projects that the facial recognition market would develop at a compound annual growth rate (CAGR) of 16.1%, from US$ 5.7 billion in 2023 to US$ 25.4 billion by 2033. According to this survey, increased government spending on the contemporary CCTV cameras that are deployed in most public spaces to prevent crime …
Category Archives: Technology Trends
Regulatory Reporting Solutions Market: Projected to Surpass US$ 5.2 Billion by 2023, Driven by Industry Growth and Compliance Demands
The global regulatory reporting solutions market is expected to create lucrative growth opportunities over the projection period by registering a CAGR of 14.9% from 2023 to 2033. The global market is estimated to reach US$ 5.2 Billion by 2023 and is projected to grow by US$ 21.0 Billion by 2033. The global market for regulatory …
FIDO Authentication Industry Hits $1.24 Billion in 2022, Set to Soar to $12.06 Billion by 2033
The FIDO Authentication Market has witnessed remarkable growth, with the total revenue reaching US$ 1,238.6 million in 2022. This impressive growth trajectory is projected to continue, with the market expected to surge to US$ 12,059.7 million by 2033, reflecting a robust Compound Annual Growth Rate (CAGR) of 23.1% from 2023 to 2033. Get Sample Copy of this …
Unified Communication as a Service (UCaaS) Market Skyrockets to US$ 28.5 Billion in 2023, Set to Reach US$ 112.6 Billion by 2033
The Unified Communication as a Service (UCaaS) market revenue totaled US$ 28.5 Billion in 2023, according to Future Market Insights (FMI) analysis. Rising at a CAGR of 14.7% between 2023 and 2033, the overall market is expected to reach US$ 112.6 Billion by 2033. Request a Sample of this Report: https://www.futuremarketinsights.com/reports/sample/rep-gb-11533 The demand for UCaaS solutions will …
Business Analytics BPO Services Market Surges: Estimated to Reach US$ 29 Billion by 2033
The global Business Analytics BPO Services Market is projected to exhibit remarkable growth over the forecast period, with an estimated valuation of US$ 8 billion in 2023, surging to an impressive US$ 29 billion by 2033. According to the latest data released by Future Market Insights (FMI), the market is set to advance at a robust CAGR …
Data Center Liquid Cooling Market: Projected to Reach US$ 15,974.3 Million Valuation by 2033 with a Striking CAGR of 19.6%
The global data center liquid cooling market size is likely to exceed a valuation of US$ 2,660.1 million in 2023. It is foreseen to attain a valuation of US$ 15,974.3 million by 2033. The market is predicted to flourish at a monumental CAGR of 19.6% from 2023 to 2033. The reliability and performance of IT equipment are …
Data Business in Oil & Gas Market Surges, Anticipated CAGR of 16.7%, Set to Exceed US$ 171.18 Billion by 2033
The data business in oil & gas market is anticipated to expand its roots at a strong CAGR of 16.7% between 2023 and 2033. The market is expected to have a market share of US$ 171.1 billion by 2033 while it is likely to be valued at US$ 36.43 billion in 2023. The high economic activities in oil and gas businesses and the …
Conversational AI Market Surges: Expected to Reach US$ 47.6 Billion with 17.3% CAGR by 2033
The conversational AI market is poised for incredible growth in the coming years, with projections indicating it could reach an astonishing US$ 47.6 billion by the year 2033. This represents a remarkable Compound Annual Growth Rate (CAGR) of 17.3%. The conversational AI industry is growing as a result of technological advancements and improvements in artificial intelligence. The conversational AI business …
Customer Communications Management Market: Projected Growth with a 10.2% CAGR to Surpass US$ 4,086.9 Million by 2033
The customer communications management market is expected to grow steadily at a compound annual growth rate (CAGR) of 10.2% over the forecast period. In 2023, this market is estimated to be worth US$ 1,542.7 million, and it is projected to reach US$ 4,086.9 million by 2033. Increased use of customer communications management solutions and services across different …
Accounts Receivable Automation Market: Surging Growth Expected, Projected CAGR of 10.8% to Reach US$ 7,333.1 Million by 2033
The accounts receivable automation market is expected to experience significant growth, with a CAGR of 10.8% from 2022 to 2032. This means that the market is projected to expand substantially. By the year 2033, it is predicted to reach a total value of US$ 7,333.1 million, a substantial increase from its 2023 value of US$ 2,621 million. This study explains …