The global ultrasonic sensors market is estimated to register a CAGR of 12.0% during the forecast period of 2022-2030. Ultrasonic Sensors Market size is expected to grow from US$ 5,138.4 Million in 2022 to US$ 13,241.8 Million by 2030. Ultrasonic sensors are widely used in robotics as these sensors are not affected by moisture, dust, and dirt …
Category Archives: Technology Trends
Mobile Augmented Reality Market Continues to Surge: Anticipated CAGR of 22.1%, Expected to Reach US$ 31.5 Billion by 2033
The global mobile augmented reality market was worth US$ 4.2 billion in 2023. The desire for mobile augmented reality is expected to grow significantly, with an impressive annual growth rate of 22.1%. By the year 2033, it is anticipated that the market will be valued at US$ 31.5 billion. The credit for the unstoppable pace of the …
Cloud ELN Service Market Forecasts Show a Surge to US$ 1,203.3 Million by 2033, Reflecting a 13.7% CAGR
The global cloud ELN service market size is anticipated to surpass US$ 332.3 million in 2023. It is anticipated to hit US$ 1,203.3 million by 2033. The global market is anticipated to develop at a striking CAGR of 13.7% from 2023 to 2033. Data security, accessibility, and precision are all guaranteed by cloud ELN services. They enable data and workflow access from …
Contactless Biometrics Technology Market Forecasts Remarkable Growth, Envisioning US$ 116,665.1 Million Valuation by 2033, Fueled by 17.8% CAGR
The contactless biometrics technology market is expected to have a total value of approximately US$ 22,608.0 million in the year 2023. Over the course of the next decade, it is anticipated that this market will grow significantly and reach a total worth of approximately US$ 116,665.1 million by the year 2033. This growth is estimated to occur at a CAGR …
Rich Communication Services (RCS) Messaging Market Envisions US$ 8.5 Billion by 2032, Driven by 16% CAGR
The rich communication services (RCS) messaging market was estimated at US$ 1.4 Billion in 2021 and is anticipated to grow at a CAGR of 16% 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$ 8.5 Billion. Large corporations typically have the resources to …
Empowering Retail and Consumer Goods: Insights Engine Market Surges with 19.7% CAGR
By 2027, the insights engine market is projected to be valued US$ 860 million, with a robust compound annual growth rate (CAGR) of 19.7%. An insights engine is a platform that employs relevance methods to find, arrange, and analyse data to allow the proactive or interactive delivery of current or synthesised knowledge. Platforms for insights engines give …
Service Integration and Management Market to touch US$ 16 Billion by 2027 – FMI
Future Market Insights has undertaken a thorough research on the service integration and management market and the deep dive in this sector has enabled FMI to surface new insights pertaining to the various trends, opportunities, drivers and restraints influencing the growth of the global service integration and management market and also has included regional analysis, …
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Global Cyber Crisis Management Market Surges, Valued at US$ 3,975.2 Million in 2023, Set to Reach US$ 53,344.1 Million by 2033
The worldwide cyber crisis management market is estimated to develop at a compound annual growth rate (CAGR) of 7.3% and reach a projected value of US$ 3,975.2 million in 2023. This indicates that the market is about to enter a dynamic growth phase. By 2033, this rapidly expanding market is projected to be worth US$ 53,344.1 …
Securing Tomorrow: Physical Security Equipment Market Set to Surpass US$ 60 Billion by 2022, Reveals Future Market Insights Study
Recent research by Future Market Insights (FMI) has estimated the global physical security equipment market to reach nearly US$ 64,000 Mn in revenues by 2022-end. Over the forecast period (2017-2022), the global market for physical security equipment is projected to exhibit a staggering expansion at over 10% CAGR. Emergence of Thermal Cameras – A Major Trend Observed …
Revolutionizing Security: RFID Locks Market Projected to Reach US$ 36.4 Billion by 2033, Says Future Market Insights
During the forecast period, the global RFID locks market is anticipated to have a compound annual growth rate (CAGR) of 14.1%. As of 2023, the market is to have a market value of US$ 9702.8 million. It is anticipated to end the forecast period in 2033 with a market value of US$ 36393.0 million. From a CAGR of 12.0% in the historical period, Future Market …