The global model based manufacturing technologies market is expected to be valued at approximately US$ 46.4 billion in the year 2023. This market is anticipated to grow significantly and reach a value of around US$ 104.3 billion by the year 2033. This growth is expected to occur at an annual average rate of 8.4% from 2023 to …
Category Archives: Technology Trends
Mobile Application Market’s Growth Projected at 8.6% CAGR, Anticipated to Reach Over US$ 170.2 Billion by 2033
The mobile application market is poised for significant growth, projected to achieve an impressive 8.6% CAGR from 2023 to 2033. By 2033, it is expected to exceed a market share of $170.2 billion, building upon its 2023 revenue of $74.3 billion. As disposable incomes increase, the propensity of consumers to invest in paid mobile applications for various …
Event Management Software Market Set to Skyrocket with Projected 14.3% CAGR, Exceeding US$ 33,347.9 Million by 2033
The global event management software market is expected to grow rapidly at a rate of 14.3% per year throughout the forecast period. In 2023, the market is currently valued at US$ 8,736.6 million. It is projected that the market value for event management software will reach a peak of US$ 33,347.9 million by the year 2033. Experts from Future …
Smart Agriculture Solution Market on the Rise: Projections Point to US$ 28.31 Billion Value by 2033
The global smart agriculture solution market was expected to reach US$ 13.75 billion in 2022 and is projected to grow to US$ 14.48 billion in 2023. This growth is driven by the increasing demand for smart agriculture solutions, especially in the context of cultivating crops within controlled environments like greenhouses. According to reports from Future Market Insights, …
Storage Area Network (SAN) Market Shows Significant Growth, Anticipated to Reach US$ 30,800 Million by 2033 with a 3.7% CAGR
The global Storage Area Network (SAN) market is expected to showcase stable growth opportunities by exhibiting a CAGR of around 3.7% over the assessment period from 2023 to 2033. The United States is likely to account for a prodigious CAGR of 9.6%, with a worth of US$ 1.7 billion by 2033, according to Future Market Insights, Inc. …
Residential Robotic Vacuum Cleaner Market Forecast: Anticipating a US$ 9.7 Billion Revolution by 2032
The global residential robotic vacuum cleaner market revenue totaled US$ 2.3 billion in 2021. It’s expected that this market will increase in value to around US$ 2.5 billion in 2022. Additionally, due to increasing awareness about cleanliness and the growing interest in smart home technology, the demand for these robotic vacuum cleaners in residential settings is anticipated …
PCB Design Software Market Emerges as Key Player, Projected to Surpass US$ 16.5 Billion by 2033
The global PCB design software market is set to experience significant growth between 2023 and 2033. A research report by Future Market Insights suggests that the market will surpass a value of US$ 4,041.4 million in 2023 and is projected to reach US$ 16,538.7 million by 2033. This represents a remarkable CAGR of 15.1% during this ten-year period. PCB design software …
Social Business Intelligence Market Set to Soar: Projections at US$ 49.6 Billion by 2034
By the end of 2017, the global market for social business intelligence is expected to be valued US$ 17 billion based on revenue from global deployment, according to FMI. By the end of 2026, the market is projected to have grown at a compound annual growth rate (CAGR) of 6%. Its worth is estimated to be US$ …
Tablet Market Soars: Projected Valuation to Surpass US$ 344.77 Billion by 2034, Fueled by Rapid Digitization
In 2024, the tablet industry is projected to grow to a whopping US$ 99,114.8 million. Tablet demand is expected to grow at a compound annual growth rate (CAGR) of 13.30% until 2034. It is anticipated that the market value would exhibit an increasing trend and reach US$ 3,44,773.9 million by 2034. The growing need for …
Global Cognitive Systems Spending Market Thrives with Banking Sector Dominance and 15.5% CAGR Growth Projection
The US$ 5.49 Billion global cognitive systems spending market will witness a massive hike in the revenues, reaching a whopping US$ 21.46 Bn by the end of 2026. Over the 10-year assessment period 2016-2026, the global cognitive systems spending market will expand at a healthy CAGR of 14.6%, gaining a healthy incremental opportunity of over US$ 15 …