New Product Development
In 2022, it is projected that the market for power metering will be worth US$20.5 billion. However, due to the rapid uptake of power metering equipment across numerous industries, it is anticipated that the market as a whole will grow at a CAGR of roughly 5.8% to 8.3% between 2022 and 2032, reaching a value of about …
Continue reading “Power Metering Market is expected to reach US$ 36 Billion in 2032”
During the forecast period from 2022 to 2032, the demand for DNA sequencing electrophoresis systems is expected to increase at a healthy CAGR of between 6% and 6.2%. Rising use of DNA sequencing electrophoresis systems in industries like microbiology, biochemistry, and pharmaceuticals is fueling market expansion. Due to technological advancements in the medical and biological fields as …
The market for editor apps is anticipated to reach US$ 4,140.4 million in 2023 and US$ 10,154.2 million by 2033. During the forecast period, the demand for editor apps is anticipated to grow at a CAGR of 9.4%. The following reasons make it likely that the market for editor apps will expand: Demand for high-quality images and …
The adoption of Low Code Development platform is expected to increase at a CAGR of 28.4% during the forecast period. The Low Code Development Platform market size is anticipated to rise from US$ 21,363.5 Mn in 2022 to US$ 259,922.1 Mn in 2032. A low-code development platform (LCDP) is a coding environment that enables developers of varying levels of …
The global geomarketing market is anticipated to reach a valuation of US$ 82,840.8 Mn by 2032, with sales growing at a staggering CAGR of 21.3% from 2022 to 2032. The target market is set to reach an estimated US$ 11,979.6 Mn in 2022. The increasing investments in digital marketing and escalating demand for location-based analytics will propel the …
According to a recently released Future Market Insights report, the Contact Center Analytics market is expected to generate revenues of US$ 1.2 billion in 2021 and grow at a CAGR of 19.1% from 2022 to 2032. The market is anticipated to reach a US$ 6.5 billion valuation by the end of 2032. The rise in demand for …
During the forecast period, the embedded system market is anticipated to register a CAGR of 5.8%. By 2022, the market is expected to be worth US$ 86,450.3 million, and by 2032, it’s expected to be worth US$ 1,52,544.6 million. The embedded system is quickly gaining popularity on a global scale because it is widely used in manufacturing …
According to Future Market Insights, the global enterprise information archiving market size is expected to grow from US$ 6625.3 Mn in 2022 to US$ 26,255.8 Mn in 2032, exhibiting a CAGR of 14.7% throughout the forecast period (2022-2032). Enterprise information archiving refers to a type of software that can temporarily or permanently store information such as emails, …
The market for next-generation network (NGN) equipment is anticipated to reach US$ 65,788 million by 2032, up from US$ 29,544 million in 2022, growing at a CAGR of 8.3% during the forecast period. The need for next-generation network technology is growing as traditional telecom operators adopt more strategies than ISP to operate by consumer needs and overcome …
The market for moulded case circuit breakers (MCCBs) is predicted to grow to US$ 9.7 million in 2022 and to US$ 16.2 million by 2032, with a CAGR of 5.2% from 2022 to 2032. The main driver of the moulded case circuit breaker (MCCB) market growth between 2022 and 2032 is the expansion of the electric power …