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, …
Category Archives: Technology Trends
Next Generation Network (NGN) Equipment Market is predicted to grow at a CAGR of 8.3% through 2032
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 …
Molded Case Circuit Breaker (MCCB) Market is likely to advance at a CAGR of 5.2% through 2032
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 …
Demand for Audio Power Amplifier IC Market is expected to grow at a CAGR of 7% through 2032
The global audio power amplifiers IC market is anticipated to grow at a CAGR of 7% from 2022 to 2032, reaching an estimated value of US$ 2,703 Mn, up from US$ 1,374 Mn in 2022. The development of cost-effective, energy-efficient, and small devices for residential and commercial use is credited with driving the growth of the audio …
Global QR Code Payment Market is estimated to be valued at US$ 11.67 billion in 2023
According to a recent FMI report, the QR code payment market size is predicted to reach US$ 11.67 billion in 2023. The adoption of QR code payments is predicted to surpass US$ 55.60 billion by 2033, exhibiting a CAGR of 16.9% between 2023 and 2033. The market is a fast-expanding area of the digital payments sector, driven …
BYOD Security Market revenue estimated to total ~US$ 35.6 Billion in 2023
The BYOD security market is anticipated to generate 35.6 billion US dollars in revenue by 2023. By 2033, the market for BYOD security is expected to reach US$ 235.8 billion, expanding at a CAGR of 18.9% from 2023 to 2033. BYOD, which stands for “Bring Your Own Device,” essentially permits employees to bring their own laptops …
Continue reading “BYOD Security Market revenue estimated to total ~US$ 35.6 Billion in 2023”
Smart Water Metering Market is expected to be valued at US$ 9586.02 million by 2033
The global smart water metering market size is set to reach US$ 3695.82 million in 2023. Overall sales of smart water metering are likely to surge at 10% CAGR, taking the forecasted market valuation to US$ 9586.02 million by the end of 2033. The demand for efficient water usage is rising worldwide, fueled by the threat of water scarcity due …
Liquid Encapsulation Market is projected to grow from US$ 1.7 Bn in 2023 to US$ 2.8 Bn by 2033
In 2022, the liquid encapsulation market generated US$ 1.6 billion in revenue. The market is anticipated to grow at a CAGR of 5.1% from 2023 to 2033, reaching US$ 2.8 billion. Liquid encapsulation is a technique that involves coating solid or liquid devices with materials like polymer, metal, and ceramics to shield them from shock and …
SOC as a Service Market is anticipated to increase at a high CAGR of 24.3% 2022 to 2032
The SOC-as-a-Service market is estimated to reach US$ 1,340.3 million by 2022. Total revenue is expected to reach US$ 11,844.1 million by 2032, with a 24.3% CAGR. The growing number of data breaches and cyber-attacks in small, medium, and large-scale businesses around the world is increasing demand for effective SOC-as-a-Service solutions. The prevalence of remote work culture creates a high …
By 2032, the ICD-10 Market is expected to be worth US$ 18.78 billion
The global ICD-10 market was estimated to be worth US$ 18.78 billion in 2022, and over the forecast period, it is anticipated to expand at a CAGR of 10.0%. The estimated value of the global market in 2032 is US$18.78 billion. Market expansion is being driven by the expanding need for a standard language in medical documentation …
Continue reading “By 2032, the ICD-10 Market is expected to be worth US$ 18.78 billion”