Category Archives: Technology Trends

The market for fingerprint biometrics generated $20.3 billion in revenue in 2022. The market is anticipated to develop at a CAGR of 11.6% from 2023 to 2033, reaching US$ 67.1 billion. Advanced algorithms employed in fingerprint biometrics technology allow users to quickly authenticate themselves on applications or open devices. Consumer electronics, government and law enforcement, aerospace, healthcare, …

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The facial tracking solution market refers to the industry that provides technology and services for tracking and analyzing human faces. This technology is used in various applications, such as security and surveillance, marketing and advertising, and entertainment. Facial tracking solutions can detect and recognize facial features, emotions, and movements, and use this information to provide …

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The electronic beam machining market refers to the global market for a type of advanced manufacturing technology that uses high-energy electron beams to cut and shape materials with extreme precision. Electronic beam machining is used in a wide range of industries, including aerospace, automotive, electronics, medical, and energy. In 2022, the Electrical Beam Machining Market generated revenues …

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In 2022, the 4K VR displays market generated $695.4 million in revenue. By 2033, the market for 4K VR displays is anticipated to reach US$ 15,996.9 million, expanding at a CAGR of 33.1% from 2023 to 2033. Although the market for 4K VR screens is still somewhat modest, it is anticipated to expand over the next few …

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The AC drives market refers to the global market for AC drives, which are devices used to control the speed of electric motors. AC drives, also known as variable frequency drives or VFDs, are used in a wide range of applications, including HVAC systems, pumps, fans, and conveyors. The market for AC drives is now valued …

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The market for green energy is predicted to increase at a CAGR of 11.56% over the five-year period from 2022 to 2032, from an estimated US$ 52.89 billion to US$ 157.69 billion. In several countries around the world, governments are taking action to increase public access to green energy. These expanding government initiatives, which are expected to …

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The Analytics of Things market is expected to reach a market value of US$ 1323.43 billion by 2032, up from its current estimated value of US$ 300 billion in 2022, which is expected to happen at a modest CAGR of 16% during the forecast period. Analytics of Things refers to the analysis of data produced by IoT …

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The lepidolite market is now valued at US$10.99 billion in 2022, and it is anticipated to rise at a moderate CAGR of 30.4% over the course of the forecast period to reach a market value of US$151.44 billion by 2032. Lepidolite is a lithium mineral that develops in granite masses and contains a sizable amount …

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The Simulation Software Market revenues were estimated at US$ 12 Bn in 2021 and is anticipated to grow at a CAGR of 8.9% 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$ 30.1 Bn. Exclusively, simulation software was used in …

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The demand for enterprise intellectual property (IP) management software is expected to reach US$6,573.2 million in 2022 and grow at a CAGR of 17.4% to US$32,764.7 million by 2032. Growth is attributed to the end-user sectors’ escalating technological progress. The market for enterprise intellectual property (IP) management software experienced a CAGR of 16.3% from 2016 to 2021. …

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