The global mobile money market had a value of US$ 106.8 billion in 2022 and was projected to grow by an impressive 22.6% CAGR to US$ 816.6 billion by 2032. The global mobile money industry is anticipated to expand on an unstoppable note in the projected period with confidence around the security of the payment apps. The …
Category Archives: Technology Trends
GaN-powered Charger Sales Driven by Growing Interest in Commercial RF and Wireless Charging Offerings: Future Market Insights Report
The GaN-powered chargers market is likely to display strong growth prospects through 2031 reaching a valuation of over US$ 4.9 Bn. Wide scope of applications in a range of consumer electronics products, electric vehicle power infrastructure and industrial applications are expected to generate key opportunities of growth in the upcoming decade. Power efficiency advantages over SiC counterparts …
Assisted Living Software Market to Surge at 10.5% CAGR, Projected to Reach US$ 830.1 Million by 2033
The Assisted Living Software Market is poised for robust growth, projected to achieve a steady Compound Annual Growth Rate (CAGR) of 10.5% during the period from 2023 to 2033. In 2023, the market is expected to be valued at US$ 304.9 million, with a substantial leap to a market share of US$ 830.1 million by 2033. Request …
HVDC Transmission System Market Forecasted to Hit US$ 27.4 Billion by 2034 at 9.2% CAGR
The HVDC transmission system market is expected to be valued at US$ 11.3 billion in 2024. The market registered a growth of 8.1% during the historical period and is projected to be invigorating from 2024 to 2034, with a CAGR of 9.2%. By 2034, the market value is forecast to hit US$ 27.4 Billion. The …
Product Information Management Market Eyes 21.20% CAGR, US$ 45,034.70 Million by 2034
The product information management market is poised for substantial growth, with a projected value surpassing US$ 45,034.70 million by the year 2034. This impressive expansion is anticipated to unfold at a commendable CAGR of 21.20% over the forecast period spanning from 2024 to 2034. The escalating demand for efficient management and dissemination of product information across diverse channels is identified as …
Core Banking Solution Market Eyes Robust 4.6% CAGR till 2027
The core banking solution market is poised for significant growth, with a projected steady CAGR of 4.6% from 2017 to 2027. This surge is indicative of the increasing reliance on advanced technology and digitization within the banking sector. Core banking solutions play a pivotal role in transforming traditional banking processes, offering a comprehensive suite of services that enhance …
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Distributed Fiber Optic Sensor Market Foresees 8.6% CAGR, US$ 3,164 Million by 2033
The market for distributed fiber optic sensor market is anticipated to grow at a robust CAGR of 8.6% between 2023 and 2033, reaching a value of US$ 3,164 million by that time. The increased need to execute efficient sensing operations across numerous industry sectors would increase demand for distributed fiber optic sensors. Businesses can monitor a wide range of parameters, such …
Data Center Substation Market’s Growth Projected at 6.5% CAGR, Envisions US$ 19,634.5 Million Valuation by 2033
The data center substation market is poised for a bright future, with a projected CAGR of 6.5%. By 2033, this industry is expected to reach an impressive valuation of US$ 19,634.5 million. The data center substation industry has experienced significant growth in recent years, driven by the increasing demand for cloud-based services and the need for reliable power distribution …
Buy Now Pay Later Platform Market: Surge Expected with a Remarkable 22.8% CAGR, Propelling Towards a Whopping US$ 70.9 Billion Industry by 2033
The buy now pay later platform market size is expected to grow from US$ 9.1 Billion in 2023 to US$ 70.9 Billion by 2033, at a CAGR of 22.8% from 2023 to 2033. E-commerce Market Offers Consumer Diverse BNPL Options E-commerce expansion has enabled easy access to BNPL options for the customer. Currently, e-commerce consumers have the …
Content Delivery Network (CDN) Market Poised for 20.8% CAGR, Valued at US$ 155,461.3 Million by 2033
The global content delivery networks (CDN) market is projected to achieve a valuation of US$ 155,461.3 Million by 2033, demonstrating a CAGR of 20.8%. This signifies a substantial surge compared to the anticipated worth of US$ 23,429 million in 2023. The increasing demand for high-quality online content and fast and reliable delivery across various devices and platforms drives the market. …