The global photonic integrated circuits (PIC) market saw significant growth in 2021, reaching a total sales value of approximately US$ 1.1 Billion. The outlook for this market is even more promising, with a projected growth rate of 21.5% anticipated from 2022 to 2032. This impressive growth trajectory suggests that by the end of this decade, the Photonic …
Category Archives: Technology Trends
Intelligent Fencing Market: Poised for a Remarkable Surge, Forecasting a 6.4% CAGR to Reach US$ 1,100.0 Million by 2032
Demand for intelligent fencing market is expected to be worth US$ 589.0 million globally in 2022 and is projected to increase at a CAGR of 6.4% to US$ 1,100.0 million globally from 2022 to 2032. The increase in security and safety concerns is blamed for growth. To detect and stop perimeter intrusion, intelligent fencing is an electric fence security system attached to the …
OTG Pen Drive Market Set to Witness Exponential Growth, Forecasted to Hit US$ 6880 Million by 2032 with a 13.7% CAGR
The OTG pen drive market which had a market value of US$ 1898 million in 2022, is anticipated to grow at a CAGR of 13.7% to reach US$ 6880 million by 2032. The demand for OTG pen drives is anticipated to increase due to a number of factors, including an increase in social media usage and digitization. …
Artificial Intelligence in Telecommunication Market Poised for Exponential Expansion, Expected to Hit US$ 14,496 Million by 2033
The global artificial intelligence in telecommunications market is anticipated to be valued at US$ 918.6 million in 2022 and US$ 10,399.9 million by 2032, with a CAGR of 27.5% from 2022 to 2032. The acceptance of artificial intelligence in telecommunications is growing as telecom organizations use AI in various aspects of their operations, such as improving consumer loyalty and organizational strength. The use …
Healthcare Contact Center Solution Market Poised for Exponential Growth, Projected to Reach Over US$ 49,256.8 Million by 2033
The global healthcare contact center solution market is expected to reach US$ 7,999.6 million by the year 2023. Looking ahead, the market is projected to exceed a value of US$ 49,256.8 million by 2033, with a consistent growth rate of 19.9% annually until 2033. In the recent past, from 2018 to 2022, the healthcare contact center solutions market demonstrated a steady annual growth …
Hall-Effect Current Sensor Market to Witness Steady Surge, Anticipates 9.4% CAGR Growth by 2032
The market for hall-effect current sensors market is anticipated to reach US$ 1128.0 million in 2022 and increase to US$ 2765.0 million between 2022 and 2032 at a CAGR of 9.4%. Consumer electronics, the automotive industry, and industrial automation are examples of end-use industries where demand is growing. From 2016 to 2021, the market for hall-effect current …
Harmonic Filter Market: Experiencing Robust Growth, Forecasts 6.9% CAGR, Envisions US$ 1,911.5 Million by 2033
The global harmonic filter market is expected to maintain a consistent annual growth rate of 6.9% throughout the forecast period. This steady progress is anticipated to result in a significant rise in revenue, with the market’s total value projected to reach US$ 977.8 million in 2023. Furthermore, it is forecasted to exceed US$ 1,911.5 million by the year 2033. The filters serve in …
Mass Notification Systems Market Set to Skyrocket, Projected to Exceed US$68.8 Billion by 2033
The mass notification systems market is likely to grow at a CAGR of 18.7% from 2023 to 2033. By the end of the aforementioned period of assessment, a valuation of US$ 68.8 billion is anticipated. Extreme terrorism has become a greater threat in recent years. Several campus shootings serve of domestic terrorism, and the 9/11 attack has …
Jitter Attenuators Market Surges, Projected to Reach US$ 911.4 Million by 2032 – FMI Report
The global Jitter Attenuators Market demonstrated its worth with a total net value of approximately US$ 398.8 million in 2022. According to the latest comprehensive market analysis conducted by Future Market Insights (FMI), the Jitter Attenuators industry is poised for substantial growth, with an estimated CAGR of 7.7% over the next decade. FMI’s report forecasts that the …
Explosive Growth Predicted: Global Graph Database Market Set to Reach US$ 9,909.3 Million by 2032
According to predictions, the worldwide graph database market is expected to develop significantly, with a predicted increase in market share from US$ 1,938.0 million in 2022 to US$ 9,909.3 million by 2032. These findings, which demonstrate a strong Compound Annual Growth Rate (CAGR) development from 16.3% (2017–2021) to 17.7% during the predicted period, are based on thorough …