New Product Development
In 2022, the spintronics market is anticipated to reach US$ 650.0 million. By 2032, the market for spintronics is projected to reach US$ 1,287.0 million with a CAGR of 7.1%. Spintronics is a technological device that was made possible by technological advancements. The conversion of enormous amounts of data into a tiny unit of space by spintronics …
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A recently published study by FMI expects the global electric underfloor heating market to augment at a 5% CAGR from 2022 to 2032. By the end of the said assessment period, a valuation of US$ 3.42 Billion is expected for the market. Electric underfloor heating is gaining popularity owing to its discreet, virtually maintenance-free, hygienic and safe …
The global Payment Analytics Software Market was valued at US$ 3.1 Bn in 2021 and is expected to reach US$ 5.2 Bn by 2032, finds Future Market Insights (FMI) in a recent market survey. Payment Analytics Software can help automate the essential process of the generation of insights based on data. These insights are being used for multiple applications, such as …
Global Book Marketing Software Market was valued at US$ 118 Mn in 2021 and is expected to reach US$ 211.5 Mn by 2032, finds Future Market Insights (FMI) in a recent market survey. As per the findings of the report, it is projected that revenue through the Cloud-based services segment in the Book Marketing Software Market will …
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Because so many enterprise apps are producing structured and unstructured data, it has become increasingly difficult to turn data into insights. Enterprises are increasingly in need of advanced analytics algorithms to extract insights from a sizable amount of generated data due to the rapid growth in data volumes across industrial verticals. Businesses are implementing analytical …
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According to estimates, the market for InGaAs image sensors would increase by over US$ 900 Mn by 2021, with a CAGR of nearly 12% from 2021 to 2031. A form of sensor called an InGaAs Image Sensor includes a CMOS IC readout circuit for simple signal processing. This sensor can be utilised for applications that need simple …
The market for digital manufacturing is anticipated to reach US$ 550 Bn by 2031, expanding at a predicted CAGR of more than 17% from 2021 to 2031. Thanks to Covid-19, conventional business models are being replaced by new digitalized ones, which has resulted in the development of more technologically sophisticated goods and services. Manufacturing can benefit from …
The demand for automotive semiconductor is predicted to grow at a consistent growth rate of 7%. It is projected that the worldwide automotive semiconductor market is likely to be worth approximately US$ 58,770.1 million in the year 2023 and is expected to increase to a value of US$ 115,609.68 million by the year 2033. Innovations in the automotive sector are …
With a current worldwide market value of $5 trillion, logistics is one of the key applications for technologies like automation, robotics, and artificial intelligence. In recent years, there have been significant changes in economic development, increased disposable income, affordability, and consumer purchasing patterns throughout numerous nations. When prices become more accessible, customers demand better services …
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The wirewound resistor market refers to the industry that provides resistors that use a wire wound around a ceramic, plastic or glass core to regulate the flow of electric current. Wirewound resistors are used in a wide range of applications such as power supplies, electronic control units, automotive electronics, telecommunication, and medical devices, among others. The market …