The global Micro and Nano PLC market experienced remarkable growth in 2022, with sales revenue soaring to an impressive US$ 8.9 billion. According to a comprehensive report by Future Market Insights (FMI), the micro and nano PLC market is on an upward trajectory, set to exhibit a robust 6% Compound Annual Growth Rate (CAGR) from 2022 to …
Category Archives: Technology Trends
IoT in Product Development Market: Thriving at 14.5% CAGR, Envisioning a $155.8 Billion Valuation by 2033
According to Future Market Insights (FMI), the IoT in product development market achieved sales of US$ 35 billion in 2022. Forecasts reveal a robust growth trajectory, with a projected Compound Annual Growth Rate (CAGR) of 14.5% spanning the period from 2023 to 2033. By the culmination of the forecast period, the IoT in product development market is …
Revolutionizing Supply Chains: IoT in Supply Chain Market Set to Skyrocket to US$ 41.8 Billion by 2033
The global IoT in supply chain market is projected to be worth US$ 41.8 billion by 2033. It’s expected to be worth more than US$ 12.4 billion by 2023. The global market is anticipated to expand at a CAGR of 12.9% from 2023 to 2033. Several factors contribute to the rising demand for the Internet of Things …
Refurbished Computers and Laptops Market: A Thriving Industry Projected to Reach US$ 47.3 Billion by 2033
According to a recent Future Market Insights (FMI) report, the global refurbished computers and laptops market is expected to reach US$ 17,854.1 million by 2023. Over the next ten years, sales of refurbished laptops and computers are expected to increase at a CAGR of 10.2%. By the end of 2033, it is anticipated that the market will …
Revolutionizing Industry: Smart Pneumatics Market Set to Reach US$ 5.3 Billion by 2033, Foresees FMI
The global Smart Pneumatics Market is on the cusp of substantial growth, with a projected valuation of US$ 4.3 billion in 2023. A recent market analysis by [Your Company Name] indicates that the market is poised to expand significantly, with a forecasted compound annual growth rate (CAGR) of 2.3%. By 2033, the Smart Pneumatics Market is expected …
Global SLD Market Thrives with Impressive $69.9 Billion Sales in 2022, Poised for 5.8% Growth till 2032
The SLD Market revenues were estimated at US$ 69.9 Bn in 2021 and is anticipated to grow at a CAGR of 5.8% from 2022-2032, according to a recently published Future Market Insights report. The market is expected to reach a valuation of US$ 69.9 Bn in 2022 and US$ 131.6 Bn by the end of 2032. Analog-based …
Digitizer Market En Route to US$ 7,929.3 Million by 2033 with 16.8% CAGR
The digitizer market is poised for substantial growth, projecting a robust 16.8% CAGR from 2023 to 2033. The market is anticipated to reach an impressive valuation of US$ 7,929.3 million by 2033. The escalating demand for digitizer technologies across various industries, such as healthcare, automotive, and consumer electronics, is a key driver fueling this remarkable expansion. As businesses increasingly prioritize digitization …
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Telecom Order Management Market Primed for 7.9% CAGR Surge to US$ 6.6 Billion by 2032
The telecom order management market revenues are estimated at US$ 3.1 Billion in 2022 and are anticipated to grow at a CAGR of 7.9% 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$ 6.6 Billion. Market through Telecom Order Management Solutions is expected …
Coaxial Cable Market Envisions US$ 45,039.9 Million by 2032 with 3% CAGR
The global coaxial cable market net worth is expected to rise at a gentle 3% CAGR to US$ 45,039.9 Million by 2032. The successful transmission of data thus has become a concern nowadays. With a whole gamut of options nowadays, as a means to transfer data, coaxial cables have been used for years till the date due to reliable data transfer …
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Thermal & Inkjet Disc Printers Market Poised for Remarkable Growth, Forecasted to Reach US$ 632.8 Million by 2033
The global revenue for thermal & inkjet disc printers market reached a total of US$ 338.4 million in 2023. Looking ahead, the market for these printers is projected to decrease at a compound annual growth rate (CAGR) of -6.1% during the forecast period from 2023 to 2033, with an expected total market value of US$ 632.8 million …