According to a report by Future Market Insight, the global semiconductor capital equipment market is expected to exhibit significant growth between 2023 and 2033. The market is projected to reach a value of US$ 161 billion by 2033, with a CAGR of 7.0%. This represents a substantial increase from its estimated value of US$ 82 billion in …
Category Archives: Technology Trends
Geofencing Market Sees Monumental Growth, Expected to Reach US$ 9,596.6 Million by 2032
The use of geofencing market is predicted to increase at a CAGR of 17.8% throughout the projection period. The geofencing market is expected to increase, rising from US$ 1,867.2 Million in 2022 to US$ 9,596.6 Million in 2032. The demand for geofencing is rising as a result of real-time monitoring, which is crucial for data analysis and drives …
Global Sensors Market Set to Reach US$ 153.0 Billion by 2033 with Strong Emphasis on Miniaturization and IoT Integration
The global sensors market is on a trajectory of rapid expansion, with the market size poised to grow significantly from 2023 to 2033. According to a recent research report published by Future Market Insights, the sensors market is projected to achieve remarkable progress, reaching a valuation of US$ 153.0 billion by 2033, with a forecasted Compound Annual …
Global IoT Chip Market Set to Reach $7.69 Billion by 2033, Driven by Technological Advancements and IoT Adoption
The global IoT chip market is on a trajectory to exceed US$ 4.4 billion by 2023 and is expected to exhibit remarkable growth at a CAGR of 5.7% through 2033, reaching a staggering US$ 7.69 billion. This surge can be attributed to the increasing prevalence of internet connectivity in technologically advanced nations and the emergence of cost-effective …
Global Excitation Systems Market is Expected to generate worth of US$ 4.8 Billion by forecast period ending 2033 | Data analysis by Future Market Insights, Inc.
The global excitation systems market value is estimated to be nearly US$ 3.1 billion in 2023. FMI predicts the market could register a 4.6% CAGR between 2023 and 2033 and conclude at a value of US$ 4.8 billion by 2033. The demand for excitation systems is getting fueled by the ongoing expansion of end-use industries including oil …
5G Security Market Projected to Reach US$ 12.5 Billion by 2032, with Impressive CAGR of 26.4%: Future Market Insights Report
The global 5G security market, valued at US$ 1.2 Billion in 2022, is set to experience remarkable growth, reaching an estimated US$ 12.5 Billion by the year 2032. These findings emerge from a comprehensive research study conducted by Future Market Insights, showcasing a robust Compound Annual Growth Rate (CAGR) of 26.4% spanning the years 2022 to …
Graph Database Market Soars to $1,938.0 Million in 2022, Projections Show a Remarkable CAGR of 17.7% Towards $9,909.3 Million by 2032
According to predictions, the worldwide graph database market is expected to develop significantly, with a predicted increase in market share from US$ 1,938.0 million in 2022 to US$ 9,909.3 million by 2032. These findings, which demonstrate a strong Compound Annual Growth Rate (CAGR) development from 16.3% (2017–2021) to 17.7% during the predicted period, are based on thorough …
Sales of Predictive Analytics Market in 2021 was Held at US$ 10.5 Billion, Predictive Analytics Industry is Likely to Reach a Worth of US$ 55.5 Billion During the Forecast Period of 2022-32
The Predictive Analytics Market revenues were estimated at US$ 12.8 Billion in 2022 and is anticipated to grow at a CAGR of 15.8% 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$ 55.5 Billion. Cloud deployment is employed by …
Transparent Digital Signage Market is Expected to Cross US$ 19.13 Billion by 2033 | Future Market Insights, Inc.
The transparent digital signage market is forecasted to garner revenue of US$ 19.13 billion in 2033, up from US$ 5.05 billion in 2023 advancing at a rate of 14.2% from 2023 to 2033. The transparent digital signage market is experiencing a rapid transformation, revolutionizing the way businesses communicate with their audience. The innovative technology is paving the way …
Integrated Quantum Optical Circuits Market: Surge in 5G Investments Propels Growth, Projected to Reach US$ 3.75 Billion by 2032
It is expected that the market for integrated quantum photonic circuits will increase 6.5% annually to reach US$ 1.99 billion in 2022, from US$ 1.87 billion in 2021. The market is positioned to experience good growth as a result of the increased investment being made in building a 5G network. Due to the intricate circuit design required …