According to the FMI analysis, the market for social video advertising is projected to be worth $14.1 billion in 2022 and to reach $198.6 billion by 2032, rising at a CAGR of 30.4%. The latest industry analysis from FMI on social video advertising predicts that as consumers’ concerns about companies and products grow, so will demand for …
Category Archives: Technology Trends
Cemetery Software Market is expected to be valued at US$ 2.7 billion by 2032
FMI, in its business report, elaborates the historical and current scenario of the global Cemetery Software Market in terms of production, consumption, volume, and value. The report scrutinizes the market into various segments, regions and players on the basis of demand pattern and growth prospects. Crucial information and forecast statistics covered in the Cemetery Software market report …
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Microservices Orchestration Market Surges, Expected to Reach US$ 5,837.0 Million by 2033
In a recent report by Future Market Insights, the global Microservices Orchestration Market has experienced a substantial surge, reaching a noteworthy US$ 649.4 million in 2018. The demand for microservices orchestration has exhibited impressive year-on-year growth of 14.6% in 2022, with projections foreseeing the market to soar to US$ 1,274.7 million by the end of …
Third-Party Risk Management Market is Likely to Reach US$ 19.7 Billion by 2032 – Future Market Insights, Inc.
The third-party risk management market is envisioned to advance at a CAGR of 14.7%, from USD 5 billion in 2022 to USD 19.7 billion by 2032. Factors such as severe compliance rules to address third-party risks, a lack of in-house competencies across many verticals, and an increase in cyberattacks are projected to positively influence the third-party risk management …
Underwater Acoustic Communication Market Anticipates Healthy Growth, Projected to Reach US$ 7.6 Billion by 2033
The underwater acoustic communication market is anticipated to strive at a steady CAGR of 10.5% between 2023 and 2033. The market is expected to have a market share of US$ 7.6 billion by 2033, while it is likely to be valued at US$ 2.8 billion in 2023 The flourishing deep-sea exploration industry and government projects advancing communication technology for enhanced research and development …
Automotive HMI Market: Robust Growth Forecasted at 14.8% CAGR, Surpassing $48 Billion by 2033
The Automotive Human-Machine Interface (HMI) market is poised for remarkable growth, with a projected Compound Annual Growth Rate (CAGR) of 14.8% during the forecast period. In 2023, the market is valued at a substantial US$ 12,058.2 million and is expected to surge to an impressive US$ 48,079.3 million by 2033. Human machine interface is portal to exchange …
Application Release Automation Market Set for Remarkable Growth, Projected to Reach US$ 12.14 Billion by 2033
The application release automation market is anticipated to thrive at a strong CAGR of 15.3% between 2023 and 2033. The market is expected to have a market share of US$ 12.14 billion by 2033, while it is likely to be valued at US$ 2.91 billion in 2023 In the world of automation, the automation of …
IoT in Utilities Market: $41.8 Billion in 2022, Expected to Reach $129.1 Billion by 2032
Over the course of the forecast period, the IoT market for utilities is estimated to produce US$129.1 billion, with a compound annual growth rate of 11.9%. The growing support from many governments will likely drive market development in the future years. It is projected that the business would bring in $41.8 billion by 2022. The increasing significance …
IT Asset Management Market Shows Steady Growth, Reaching US$ 2.3 Billion by 2032
IT asset management is expected to reach US$ 2.3 billion by 2032, growing at a compound annual growth rate (CAGR) of 6.9%, according to a recent report by Future Market Insights. The growing need to manage audits, follow regulatory compliance guidelines, manage and optimise the purchase, deployment, maintenance, use, and disposal of software applications within the …
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Submarine Batteries Market Surges to US$ 1.8 Billion in 2023, Driven by Defense Investments and Lithium-Ion Innovations
The global submarine batteries market is poised for robust growth, reaching US$ 1.8 billion in 2023 and projected to expand at a CAGR of 3.2%, ultimately reaching US$ 2.4 billion by 2033. The upswing in market value is primarily attributed to increased investments in the defense sector by various countries, resulting in a surge in …