The global “artificial intelligence systems spending market” is anticipated to soar with a staggering 46.1% CAGR throughout the projection period between 2017 and 2027. The coronavirus pandemic benefits from the coronavirus outbreak as businesses are remodelling operations to allow employees to work from home. Further, increased spending on online communications and cloud technologies will generate …
Category Archives: Technology Trends
Volumetric Display Market Soars: Projected to Reach US$ 284.5 Million by 2023, Fueled by Portable Devices and Tech Enthusiasts
According to data from the market research firm FMI, the volumetric display market is expected to reach US$ 284.5 million by 2023 and US$ 2 billion by 2033 growing at a CAGR of 21.4%. A continuous stream of technological advancements and innovative solutions will continue to drive market growth during the forecast period, resulting in …
Thriving Growth Projected for Family/Indoor Entertainment Centres Market: Future Market Insights Forecasts $61 Billion Revenue by 2027
The global Family/Indoor Entertainment Centres (FEC) market has witnessed remarkable growth, with Future Market Insights (FMI) forecasting a substantial increase in revenue from approximately US$ 17 billion in 2017 to approximately US$ 61 billion by the end of 2027. This impressive growth, representing a Compound Annual Growth Rate (CAGR) of 13.3% from 2017 to 2027, can be …
Smart Sensor Market Surges with 19.2% CAGR, Targeting US$ 88 Billion by 2032
The global smart sensor market is anticipated to be worth around US$ 37.6 billion in 2022. However, with increasing adoption of smart sensors across diverse end-use verticals such as consumer electronics, automotive, security & defense, and healthcare, overall smart sensor sales are expected to grow at a rapid CAGR of 19.2% between 2022 and 2032, totaling more than US$ 88 …
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Multilayer Transparent Conductors Market Forecasting US$ 13,285.2 Million by 2032 at 10.3% CAGR
The global multilayer transparent conductors market was worth US$ 4999.1 million in the year 2022 and is expected to reach US$ 13,285.2 million by the year 2032 at a notable CAGR of 10.3% between 2022 and 2032. Growing demand for electronic appliances (smartphones in particular) is the factor accelerating the multiplayer transparent conductors market. Also, materials needed to manufacture multiplayer transparent …
Wireless Fire Detection Market Sees 8.4% CAGR, Aims for $2,714.0 Million by 2032
The wireless fire detection market refers to the industry involved in the development, manufacturing, and deployment of wireless fire detection systems. These systems utilize wireless technology to detect and alert users about the presence of fire or smoke in a building or premises. Wireless fire detection provides reliable wireless connections to control panels using a fully supervised wireless …
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Wi-Fi Smart Thermostat Market Sees 21% CAGR Toward US$ 17,231 Million by 2032
The global Wi-Fi smart thermostat market is anticipated to grow quickly, with a CAGR of 21.0%, to reach US$ 17,231 million by 2032, up from US$ 2,561.0 million in 2022. A Wi-Fi smart thermostat is one of the most popular products in the world because it can be accessed remotely from various devices thanks to its integration with a Wi-Fi …
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Clinical Communication and Collaboration Software Market Seeks US$ 5.7 Billion by 2032 with 13.7% CAGR
The clinical communication and collaboration software market is poised for significant growth, with a projected CAGR of 13.7%. By 2032, it is anticipated to reach a staggering US$ 5.7 billion in market value. This robust expansion underscores the increasing importance of efficient communication and collaboration tools within the healthcare industry. Healthcare professionals are increasingly turning to specialized software solutions to …
Hosting Infrastructure Services Market: Projected to Reach US$ 36.1 Billion by 2033 with an 8.5% CAGR Forecast from 2023
The global hosting infrastructure services market is estimated to be valued at US$ 16 billion in 2023 and to grow at an 8.5% CAGR to reach US$ 36.1 billion by the end of 2033. At the moment, hosting infrastructure services account for 12% of the worldwide cloud services market. Hosting services are projected to gain traction as the …
3D Motion Capture Market Experiences Exponential Growth, Projected to Reach US$ 1,165.1 Million by 2033 with an 11.9% CAGR
In 2023, the 3D motion capture market is estimated to be generated US$ 377.3 million. By 2033, the 3D motion capture market is anticipated to reach US$ 1,165.1 million, expanding at a CAGR of 11.9% from 2023 to 2033. The growing demand for real-time data with high temporal accuracy for motion capture to spur significant market expansion. …