The supply chain management market is predicted to grow at a CAGR of 11.8% over the forecast period, according to FMI’s analysis. The industry’s value is anticipated to increase from US$ 25.7 Billion in 2023 to US$ 78.5 Billion by 2033 end. The market for supply chain management is witnessing an upward market direction as the adoption …
Category Archives: Technology Trends
At a CAGR of 14.8%, the Identity Verification Market Shows a Positive Growth Outlook through 2032
Through the forecast period, the worldwide identity verification market is anticipated to grow at a CAGR of 14.8%. The valuation of the verification market is anticipated to increase from US$ 10 Bn in 2022 to US$ 40 Bn by 2032. The identity verification industry is being driven by expanding digital identification use cases across verticals, …
Military Communications Market is Expected to Accumulate a Value of US$ 110.74 Billion by 2032 | FMI
A recently published study by FMI expects the global military communication market to augment at an 11% CAGR from 2022 to 2032. The market valuation of US$ 39 Billion in 2022 and US$ 110.74 Billion by 2032. Demand for strong connectivity and interoperability is changing the dynamics of the military sector across the globe. This has led …
Tablet Market is to grow at 9.1% During the Forecast Period 2016 to 2026
Increasing developments in the production of tablet devices, coupled with the steadfast penetration of hand-held electronics have been driving the growth of the global tablets market in the recent past. An exclusive forecast study by Future Market Insights reveals that the global demand for tablets will surge extensively in the upcoming years. In this report that assesses …
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Reinsurance Market is to grow at 4.3% During the Forecast Period 2022 to 2032
According to a recently published Future Market Insights report, the Reinsurance Market revenues were estimated at US$ 292.4 Bn in 2021 and are expected to grow at a CAGR of 4.5% from 2022-2032. The market is expected to be worth $474 billion by the end of 2032. Between 2022 and 2032, the Japanese market is expected to …
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Smart Factory Market is to grow at 10.7% During the Forecast Period 2023 to 2033
The Smart Factory Market is anticipated to soar at a stellar CAGR of 10.8% and surge from a valuation of US$ 127.2 Bn in 2022 to US$ 288.1 Bn by 2030. Witnessing stupendous growth in the recent past, smart factory projects have been performing well on the back of the rising adoption of analytics and cyber security tools. …
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At a CAGR of 14.1%, Event Management Software Market is Projected to hit a Revenue of US$ 28.98 Bn by the end of year 2032
A latest market study by Future Market Insights on the event management software market provides a thorough analysis of the most crucial market characteristics. It includes a global End-user analysis for 2016–2020 and a prospect evaluation for 2022–2032. The market’s development prospects are determined with the greatest accuracy after completing in-depth research on the historical …
Power Electronics Market is to grow at 5% During the Forecast Period 2022 to 2032
The global market for power electronics is predicted to grow at a 5% CAGR, reaching US$ 44 billion by 2032. In 2022, the market is expected to be worth US$ 28 billion. The power electronics market is expanding at a modest rate, with an average CAGR over the forecast period. Currently, the electronic industry is quickly expanding …
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Enterprise Content Management Market is to grow at 8.7% During the Forecast Period 2022 to 2032
According to Future Market Insights (FMI), the enterprise content management market is forecasted to reach a net worth of US$ 35.8 Bn in 2032 from US$ 14.2 Bn in 2021. It is estimated to witness a higher CAGR of 8.7% over the forecast years. Adoption of enterprise content management or ECM solutions by all sectors of the economy is a …
Coiled Tubing Market is to grow at 3.4% During the Forecast Period 2022 to 2032
Coiled Tubing Market is expected to reach US$ 2.57 Bn in 2032, likely to surge at a vigorous 3.4% CAGR during the forecast period of 2022 – 2032 | FMI. Coiled Tubing is a continuous tubing made of steel or composite material which is used in Oil and Gas Industries for conveyance or deployment applications. They …
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