The global computer vision market is expected to increase from $12.91 billion in 2023 to $26.11 billion in 2033, representing a 7.3% CAGR. The market is defined as an industry with machine learning and deep learning methods that enable machines to interpret visual input. The expanding use of automation in industry and retail, the rise of the …
Category Archives: Technology Trends
Military Embedded Systems Market is Expected to Reach a High Valuation of USD 3.6 Billion by 2032 | Future Market Insights, Inc.
The military embedded systems market is expected to develop at an 8.1% CAGR from 2022 to 2032, from USD 1.6 Billion in 2022 to USD 3.6 Billion by 2032. The demand for military embedded systems is driven by an increase in the use of multi-core technology, an increase in demand for commercial off-the-shelf hardware, and an increase in the deployment of electronic warfare systems. The high …
Digital Therapeutics and Wellness Market is Projected to Increase at a Strong CAGR of 14.6% by 2033 | Future Market Insights, Inc.
The global digital therapeutics and wellness market is projected to reach USD 7,797.6 million in 2023 and USD 30,553.8 million, growing at an annual rate of 14.6% between the years 2023 and 2033. This means that there’s a significant and steady rise expected in the use of digital solutions for improving health and well-being over the …
Digital Map Market is Expected to Reach USD 73.1 Billion, Globally by 2033 at 14.8% CAGR: Future Market Insights, Inc.
The digital map market is estimated to secure a valuation of USD 18.3 billion in 2023 and is predicted to reach USD 73.1 billion by 2033. The market is anticipated to register a CAGR of 14.8% from 2023 to 2033. How is the Popularity of Digital Map Growing Among End User Companies? The popularity of digital maps …
Smart Water Metering Market 2023 Future Analysis, Demand by Regions and Opportunities with Challenges 2033
The smart water meters market is expected to be valued $3695.82 million by 2023. By the end of 2033, the expected market value for smart water metering will be US$ 9586.02 million, representing a 10% CAGR over current levels. The concern of water shortage caused by climate change and population increase is driving up global demand for …
3D Metrology Market 2023 Future Analysis, Demand by Regions and Opportunities with Challenges 2033
The 3D metrology industry is expected to be valued $10.85 billion in 2023, increasing to $24.53 billion by 2033. Between 2023 and 2033, the worldwide industry expanded at an 8.5% CAGR. To address capital restrictions, several firms are working on building unique portable scanners that are coupled with supplementary software. The need for 3D metrology is likely …
GNSS Chip Market 2022 Future Analysis, Demand by Regions and Opportunities with Challenges 2032
The global GNSS Chip Market sector is expanding rapidly, fuelled by increased demand from the semiconductor and electronics industries. As of 2022, the market’s projected worth was an astounding US$ 5.2 billion, with estimates predicting a significant growth to US$ 9.7 billion in 2032. This amazing growth is largely due to the expanding prospects given by the …
LED Grow Lights Market 2022 Future Analysis, Demand by Regions and Opportunities with Challenges 2032
The global LED Grow Lights Market witnessed a substantial surge in 2021, reaching a value of US$ 1.5 billion. Projections for the next decade indicate an impressive Compound Annual Growth Rate (CAGR) of 22.7%, propelling the total market size from US$ 1.9 billion in 2022 to a staggering US$ 14.8 billion by the end of 2032. This …
Cockpit Display Market 2022 Future Analysis, Demand by Regions and Opportunities with Challenges 2032
The cockpit display industry was estimated to be worth $4.2 billion by 2022. By 2032, it is predicted to exceed US$7.3 billion. From 2022 to 2032, the market will grow at a CAGR of 5.7%. The cockpit display systems allow the pilot and other crew members to see data and information. It would enable the pilot to …
Educational Robots Market 2022 Future Analysis, Demand by Regions and Opportunities with Challenges 2032
The market for educational robots is expected to be worth US$ 5.0 billion by 2032. It was 1.1 billion in 2022. According to Future Market Insights, the market would exhibit a CAGR of 16.3% from 2022 to 2032. A 20.0% CAGR was seen in the market from 2017 to 2021. The Popularity of educational robots, which is on …