“Radio Frequency Identification (RFID) Readers Market: Global Industry Analysis (2012-2016) and Opportunity Assessment (2017-2027)” is the title of a recent research study released by Future Market Insights (FMI). According to the survey, customers are being encouraged to use RFID technology by the rising ubiquity of modern technology and the complexity of supply chains. As a …
Category Archives: Technology Trends
Vehicle Analytics Market will Account for Revenues Worth US$ 2,370 Million by 2022
Future Market Insights (FMI) in its latest report projects that the global vehicle analytics market will stand at around US$ 2,370 Mn by the end of 2022, reflecting an above-average CAGR. The report finds that the rapid adoption of vehicle analytics is partly owing to demand for greater travel convenience, especially from passengers in cities. Also, the …
Display Controllers Market to Surge, Expected to Reach US$ 70.96 Billion by 2033
In 2022, the market for display controllers generated US$27,500 million in sales. The market for display controllers is anticipated to grow at a CAGR of 9% from 2023 to 2033, reaching US$ 70,961 million. Nearly 6.0% of the world’s display market is made up of display controllers. Due to the ongoing advancements in display technology, the market …
Continue reading “Display Controllers Market to Surge, Expected to Reach US$ 70.96 Billion by 2033”
Fiber to the Home Providers Compete for Consumers with Blazing-fast Internet Speed. FMI Predicts the Global Market to set a CAGR of 15.1% by 2033.
The Fiber to the Home (FTTH) Market is predicted to be worth US$ 23.42 billion in 2023 and rise to US$ 95.88 billion by 2033. The global industry was expanding at a CAGR of 15.1% from 2023to 2023. The connected device market is expanding daily, and the technology sector is aiming to create new goods …
Global Surge Protection Device Market is Projected to Reach US$ 6,256.50 Million by 2034 | Future Market Insights, Inc.
The surge protection device market is expected to be worth US$ 2,864.50 million in 2024. By 2034, the market is projected to be valued at US$ 6,256.50 million. The adoption of surge protection devices is likely to expand at a steady CAGR of 8.10% from 2024 to 2034. The surge protection device market is experiencing a surge due to the electrification of transportation. With the rapid growth of …
TV Broadcasting Services Market: 5.5% Projected Growth to Propel Valuation to US$10,24,578.40 Million by 2033
The television broadcasting services market is currently experiencing significant changes, as evidenced by its Compound Annual Growth Rate (CAGR) of 5.5%. The industry is also projected to witness substantial growth in the coming years. In 2023, it is anticipated to reach a market size of US$ 597,944.9 million, reflecting the resilience of the sector and …
Optical Wonders: Electro Optical System Market is Expected to Register a 4.5% CAGR – Illuminating Projections from FMI
From 2023 to 2033, the electro optical system market is expected to develop at a CAGR of 4.5%, reflecting a continuous rise in the sector. The 2.4% increase in CAGR between 2018 and 2022 illustrates the market’s durability and flexibility in difficult circumstances. The market is expected to grow significantly in value from US$ 12,064.2 …
Tablet Market Set for 13.30% CAGR, Exceeding US$ 3,44,773.9 Million by 2034 | Future Market Insights, Inc.
The tablet market size is expected to reach a staggering US$ 99,114.8 million in 2024. The demand for tablets is anticipated to expand at a CAGR of 13.30% through 2034. The market value is expected to reach US$ 3,44,773.9 million by 2034, indicating an upward trend. The tablet industry continues to be propelled by factors such as the increasing demand for portable computing …
Rise Above the Rest in Energy Portfolio Management Market – FMI Expects Substantial Growth Rate of 12.4% for the Energy Portfolio Management Market from 2023 to 2033
The energy portfolio management market is estimated to reach US$ 12,947.66 million by 2033, surging from US$ 4,022.80 million in 2023. The growing popularity of the adoption of renewable energy sources creates many opportunities in the energy portfolio management market. But energy portfolio management solutions are expensive, creating barriers for small and entry-level businesses. As …
Emergence of Next Gen 5G Networks Worldwide to Drive Demand for WAN Optimization. FMI Estimates a Market CAGR of 6.2% in the Projected Period.
According to the detailed report by Future Market Insights, the global WAN optimization market recorded sales of US$ 935.1 million in 2018. The market is anticipated to achieve revenue of US$ 1,150.9 million in 2023. Over the forecast period, the global market is projected to expand at a CAGR of 6.2%, resulting in a market size of …