The video streaming market is predicted to hit US$ 750 billion by 2031, owing to increased demand for OTT platforms. Demand for video streaming will climb at a 25% CAGR from 2021 to 2031, according to new data from Future Market Insights (FMI). The market will be valued at more than US$ 73 billion by …
Category Archives: Technology Trends
Rising Demand for Online Safety Drives the Parental Control Software Market to Reach US$ 223.1 Million by 2028, with a CAGR of 10.2% | FMI
The market for parental control software will produce US$ 223.1 Mn by the end of the forecast period, which runs from 2022 to 2028, according to a recently updated Future Market Insights (FMI) report. Android-based parental control software is expected to be the most popular in 2022, with a predicted revenue of 77.7%. The Parental …
Surging Demand Propels Supercapacitors Market to Reach US$ 7.99 Billion by 2033, Growing at a Robust CAGR of 14.8% | FMI
The global supercapacitors market is anticipated to be worth US$ 2.01 billion in 2023. During the forecast period, the market is expected to grow at a CAGR of 14.8%, with a market value of US$ 7.99 billion. Supercapacitors can power small gadgets such as smartwatches and headphones. They can also be utilized with batteries to …
Explosive Growth Forecasted: US Military Communications Market Projected to Reach US$ 116.96 Billion by 2033, Surging at a Remarkable CAGR of 10.5% | FMI
The global military communications market is expected to be worth US$ 43.09 billion in 2023. During the projection period, the market is expected to exceed US$ 116.96 billion at a CAGR of 10.5%. The need for dependable and secure connectivity in military networks is critical, particularly as soldiers, sensors, and vehicles become increasingly networked for …
Emerging Trends: Unveiling the $5.1 Billion Peer-To-Peer (P2P) Marketplace Boom in the US by 2032, Propelled by a 15.5% CAGR | FMI
According to Future Market Insights (FMI) Peer-to-Peer (P2P) marketplace market report, the global market demand is expected to increase at a CAGR of 15.5% from 2022 to 2032, driving the market size to US$ 1.2 billion in 2022 and US$ 5.1 billion by 2032. According to FMI, increased internet-connected service penetration and digitization throughout the …
Streaming Analytics Market: Propelling Towards US$ 86.5 Billion by 2032 with an Impressive CAGR of 20.8% | FMI
The global streaming analytics market is expected to grow at a 20.8% CAGR from US$13.1 billion in 2022 to US$ 86.5 billion by 2032. Streaming analytics accounts for more than 40% of the global data analytics sector. Massive volumes of data are being generated as a result of the broad adoption of industrial 4.0 techniques, …
Skyrocketing Growth: Cloud IAM Market Set to Reach US$ 25,539.2 Million by 2032 with an Impressive CAGR of 18.3% | FMI
The cloud IAM market revenue totaled US$ 4,031.5 Million in 2021. The cloud IAM market is expected to reach US$ 25,539.2 Million by 2032, growing at a CAGR of 18.3% from 2022 to 2032. According to the analysis, the market would be worth US$ 25,539.2 Mn by the end of 2032. The incorporation of artificial …
Rapid Growth Forecasted for Alarm Management System Market: Projected to Reach US$ 2 Billion by 2032 with a Strong CAGR of 13% | FMI
Alarm management system revenues are estimated to reach $2 billion by 2032. Rising demand for alarm overload management in manufacturing plants is estimated to drive market sales at an 11-13% CAGR over the forecast period. Advanced alarm management systems are being utilized in Supervisory Control and Data Acquisition (SCADA) for alert classification, prioritization, and event …
Explosive Growth: Electric Wheelchair Market Poised to Reach US$ 8 Billion by 2032, Registering a Remarkable CAGR of 10% | FMI
The market for electric wheelchairs is expected to exceed $8 billion by the end of 2032. Electric wheelchair demand is expected to exceed $4 billion by 2022, growing at a 10% annual pace from 2022 to 2032. This surge in demand is being driven by an increasing number of people suffering from muscle-related illnesses, as …
Global LED Backlight Display Driver ICs Market Projected to Reach US$ 3.7 Billion by 2033, Exhibiting a CAGR of 5.2% | FMI
The global LED backlight display driver ICs market is anticipated at US$ 2.1 billion in 2022. Demand is likely to remain high for LED backlight display driver ICs during the assessment period. this is due to the rising application across various end-use industries and garnering US$ 2.2 billion in 2033, recording a CAGR of 5.2% …