In 2023, the security operation centre as a service market is expected to be worth US$ 6.3 billion. The sector is expected to be worth US$ 7 billion by the end of 2024. The global market for security operation center as a service is estimated to grow at a 10.90% CAGR during the forecast period, reaching US$ …
Category Archives: Technology Trends
Motor Monitoring Market: Fueled by an Impressive 8.3% CAGR, Eyes US$ 5.5 Billion Valuation by 2033
The motor monitoring market is projected to grow significantly in the coming decade. By 2033, it is anticipated to have a total market value of US$ 5.5 billion, compared to its current value of US$ 2.5 billion in 2023. This growth is expected to occur at a steady pace, with an estimated CAGR of 8.3% between 2023 and 2033. The trend …
Composable Disaggregated Infrastructure Market: Surging Towards a Staggering US$ 40.8 Billion by 2033
The composable-disaggregated infrastructure market revenue would be US$ 2.8 billion in 2022. The whole market is predicted to reach US$ 40.8 billion by 2033, growing at a CAGR of 27.8% between now and then. According to the analysis, the market would be worth US$ 2.2 billion by the end of 2021 and US$ 22.7 billion by 2031. According to FMI, rapid …
Bioprocess Technology Market: Surging at a Remarkable 15.1% CAGR, Forecasts US$ 106.1 Billion Revenue by 2033
The Bioprocess Technology Market is estimated to grow at a CAGR of 15.1% from 2017 to 2023, when it is expected to reach US$ 25.9 billion. By the end of 2033, it is anticipated to produce US$106.1 billion in revenue. The global Bioprocess Technology Market is anticipated to register an opulent growth opportunity with an exceptional CAGR …
Smart Fitness Market Achieves US$ 46,934.8 Million with 12.4% CAGR by 2033
The worldwide smart fitness market revenue will reach US$ 46,934.8 million by 2033. The entire smart fitness market is estimated to develop at a CAGR of 12.4% between 2023 and 2033. The increased demand for smart fitness product features such as tracking heart rate, workout time, distance traveled, and calories burned provided by smart fitness watches and fitness trackers is expected …
Continue reading “Smart Fitness Market Achieves US$ 46,934.8 Million with 12.4% CAGR by 2033”
5G IoT Market: Projected to Achieve a Robust CAGR of 31.1%, Estimated to Reach US$ 55.1 Billion by 2033
The 5G IoT market is expected to be worth US$ 3.6 billion in 2023, and it’s anticipated to grow to US$ 55.1 billion by 2033. This represents a significant annual growth rate of 31.1% from 2023 to 2033. The popularity of 5G IoT is notably growing among consumers, driving the global market. The increasing demand for enhanced connectivity with advanced technologies …
AI in Fraud Management Market: Projected Growth at 18.5% CAGR, Envisioned to Achieve US$ 57.1 Billion by 2033
The AI in fraud management market is set to grow significantly in the coming years. By 2033, it’s estimated that this market will be worth a staggering US$ 57,146.8 million. This growth is expected to happen at an annual rate of around 18.5% between 2023 and 2033. Companies in various industries like manufacturing, banking, healthcare, and more …
Video Analytics Market Set to Soar, anticipates US$ 41.16 Billion in Revenue by 2033, Growing at an 18.5% CAGR | FMI
The video analytics market is forecasted to garner revenue of US$ 41.16 billion in 2033, up from US$ 7.52 billion in 2023 advancing at a rate of 18.5% from 2023 to 2033. The market for video analytics has experienced substantial growth in recent years and is projected to reach new heights in the coming years. The market …
Global Storage as a Service Market Skyrockets with a 16.4% CAGR from 2020 to 2030
Future Market Insights anticipates that the global storage-as-a-service market is poised to exhibit an impressive CAGR of 17% throughout the forecast period spanning from 2020 to 2030. This projection is underpinned by the growing ease of data syncing, sharing, collaboration, and accessibility across smartphones and various devices. Furthermore, Storage as a Service (STaaS), which boasts the potential …
Continue reading “Global Storage as a Service Market Skyrockets with a 16.4% CAGR from 2020 to 2030”
Revolutionizing Insights: Data Management Platforms Market Set to Reach US$ 6,689.1 Million by 2033
Future Market Insight predicts that the global market for data management platforms could reach a value of US$ 6,689.1 million by 2033, with a CAGR of 12.3%. This projected figure reflects a substantial rise from its estimated value of US$ 2,090.7 million in 2023. With the proliferation of digital channels and the advent of the …