The global identity verification market is predicted to expand at a CAGR of 13.2% over the course of the forecast period, according to FMI. Market value for the sector is anticipated to increase from $11.1 billion in 2023 to $38.5 billion by the end of 2033. Increased legislation and the requirement that businesses operate in accordance with …
Category Archives: Technology Trends
Multichannel Order Management Market Projected to Reach $8.5 Billion by 2034 with a CAGR of 9.7% FMI Projection
The global multichannel order management market will reach a valuation of US$ 3.4 billion in 2024, driven by increasing popularity of subscription box services. The trend is set to create new opportunities for the market, leading to a projected CAGR of 9.7% between 2024 and 2034, and reaching a total valuation of approximately US$ 9.7 billion by 2034. Businesses are expanding their reach to international markets, with the increasing …
Monitoring Tool Market Poised for Explosive Growth: Projected to Reach US$ 170 Billion by 2034
The monitoring tool market foresees its current market valuation at US$ 25.1 billion by 2024 and is predominantly considered to surge at a valuation of US$ 170 Billion by 2034, projected at a CAGR of 21.1%. The rapid digital transformation taking place across businesses pushes the monitoring tool market in the right direction. Organizations have started adopting cloud computing, IoT …
Modular Substation Market to Reach $48 Billion by 2034, Growing at 8.2% CAGR | Future Market Insights
The global modular substation market is estimated to find its progressive path at a promising CAGR of 8.2% through 2034. It will assist the subject market to reach US$ 48 Billion at the end of the forecasted period. Also, the market size of the subject market is predicted to be US$ 21.7 billion after 2024. Current power distribution networks and power …
Computerized Maintenance Management System Market is Supposed to Rise at a CAGR of 9.1% by 2033 | FMI
The global computerized maintenance management system (CMMS) market is anticipated to showcase promising growth over the assessment period by registering a CAGR of 9.1% from 2023 to 2033. The global market revenue totaled USD 1,636.3 Million in 2023 and is projected to reach USD 4,215.1 Million by 2033. According to the historical analysis conducted by Future Market Insights, the …
Workstation Software Market is Expected to Reach a High Valuation of USD 35.7 Billion by 2032 | Future Market Insights, Inc.
In 2023, the global workstation software market is expected to be worth USD 11.9 billion. The market is expected to reach USD 35.7 billion by 2033, growing at an 11.5% CAGR from 2023 to 2033. The global demand for graphics design and development of digital content software, as well as excellent graphics and games, has created opportunities …
Marine Communication Market is Poised to Grow at a Healthy CAGR of 7.9% through 2032 | Future Market Insights, Inc.
The global marine communication market size is projected to cross a valuation of USD 4,699.2 million in 2023 and USD 10,082.5 million by 2033. The market is expected to showcase a significant CAGR of 7.9% from 2023 to 2033. Modern satellite communication must be managed to be fully integrated into the current communications and reconnaissance architectures. To boost …
Marketing Transcription Market is Projected to Have a Robust CAGR of 8.6% through 2033 | Future Market Insights, Inc.
The global marketing transcription market is expected to be worth USD 1.9 billion in 2023. The market is expected to reach USD 4.4 billion by 2033, growing at an 8.6% CAGR from 2023 to 2033. Marketing research practice management has changed dramatically in today’s technology-driven world. Advances in speech recognition technologies have fueled the marketing transcription industry. …
IoT for Cold Chain Monitoring Market is Expected to Reach a Strong Valuation of USD 23.1 Billion by 2033 | FMI
The global IoT for cold chain monitoring market was worth USD 5.5 billion in 2022 and is expected to grow at a CAGR of 13.9% from 2023 to 2033, reaching USD 6.2 billion in 2023 and USD 23.1 billion by 2033. The perishable supply chain has been transformed by the Internet of Things (IoT). The introduction …
Global Digital Risk Protection Platform Market to be Worth USD 2,748.55 Million by 2033: Future Market Insights, Inc.
The digital risk protection platform market is expected to thrive at a CAGR of 10.1% between 2023 and 2033. The market is expected to cross a market share of USD 2,748.55 million by 2033 while it is likely to be valued at USD 1,050.5 million in 2023. Established businesses going online, increasing online banking services and payments, and storage of …