The indirect tax management market is projected to grow at a healthy CAGR of 11.8% from 2023 to 2033, reaching US$ 5.744 billion in 2023. By 2033, the market is expected to be worth US$17.57 billion. A variety of reasons are predicted to cause the indirect tax management sector to grow more. Some of these problems include …
Category Archives: Technology Trends
Control Towers Market Surges, Estimated to Reach US$40 Billion by 2032 at 17.5% CAGR
According to a recent analysis by FMI, the market for control towers would grow at a CAGR of 17.5% between 2022 and 2032. By the end of the aforementioned assessment period, a market valuation of US$ 40 billion is anticipated. One of the key factors influencing the growth of the global control towers market is the benefits …
Expansion of E-Commerce is Driving the Postal Automation Systems Market at an Elevated CAGR of 6.8% through 2033 | Future Market Insights, Inc.
The global postal automation systems market is projected to have a moderate-paced CAGR of 6.8% during the forecast period. The current valuation of the postal automation systems market is US$ 854.33 Million in 2023. The demand for postal automation systems is anticipated to reach a high of US$ 1649.44 Million by the year 2033. Postal sector sorting …
Global Research and Development (R&D) Analytics Market: Anticipated Growth to Reach US$ 6,366.6 Million by 2032
The Global Research and Development (R&D) Analytics Market is poised for remarkable growth, with an anticipated value of US$ 2,025.0 Million in 2022. A robust compound annual growth rate (CAGR) of 12.1% is projected, propelling the market to reach US$ 6,366.6 Million by 2032. This surge is primarily attributed to the evolving needs within various end-use industries. …
Patent Analytics Market to surpass US$ 5.18 Bn by 2032 driven by Rising R&D investment and registrations for IP rights – Future Market Insights, Inc.
According to the patent analytics industry analysis carried out by Future Market Insights (FMI), the demand registered in the patent analytics market will grow at a noteworthy CAGR of around 14.4% from 2022-2032. The report states that the market is expected to reach the valuation of ~US$ 1,353.9 Mn by the end of 2022. As per Future Market Insights, every crisis …
Public Safety & Security Market Soars to $433.6 Billion in 2022, Anticipates Remarkable Growth by 2032
The global Public Safety & Security Market achieved a remarkable valuation of US$ 433,602.4 Million in 2022. This substantial growth is attributed to the increasing incidences of terrorist activities, the paramount need for security education and awareness, and the elevation of law enforcement standards, particularly in response to the challenges posed by the COVID-19 pandemic. The market …
Structural Health Monitoring Market Reaches $3.4 Billion in 2022, Set to Surge at 14.5% CAGR by 2032
The global structural health monitoring market is poised for significant growth, with revenues expected to reach a staggering US$13,155.4 million by the year 2032, according to recent market analysis. This surge is driven by the escalating demand for evaluating and monitoring the structural health of critical assets such as bridges, dams, buildings, wind turbines, and machinery. In …
The Embedded Finance Market is likely to witness a worth of US$ 291.3 Billion, rising at a CAGR of 16.5% from forecast 2023 to 2033 | Future Market Insights, Inc.
The embedded finance market is anticipated to expand its roots at a strong CAGR of 16.5% between 2023 and 2033. The market is expected to have a market share of US$ 291.3 billion by 2033 while it is projected to be valued at US$ 63.2 billion in 2023. The technical advantages along with the expanding financial services …
Exploring the Explosive Growth of the Insurtech Market, Projected to Reach US$ 210,664.3 Million by 2033 with a Remarkable CAGR of 26.1% | FMI
The insurtech market is expected to rise from a paltry market value of US$ 16.6 billion in 2021 to a net worth of US$ 165.4 billion in 2032, according to Future Market Insights (FMI). A CAGR of 25.9% is predicted for the near future, which is impressive. Because more people are becoming aware of the benefits of …
Call Center AI Market Projected to Reach US$ 6 Billion by 2032 – Global Growth Forecast and Trends
The demand for Call Center AI Market solutions is primarily driven by the extensive adoption of AI-based services across various industries including Banking, Financial Services, and Insurance (BFSI), Information Technology & Telecommunications, healthcare, and the retail sector. These sectors have witnessed a significant surge in the utilization of AI technologies, particularly in streamlining customer interactions and enhancing …