The global social commerce market is projected to achieve a value of approximately USD 945.92 billion by the year 2023. The widespread use of social commerce is predicted to exceed USD 13,040.3 billion by 2033. According to Future Market Insights, there is an expected annual growth rate of around 30% in the demand for social commerce between the years 2023 and 2033. The …
Category Archives: Testing Equipment
Wealth Management Platforms Market Growth Factors, Opportunities, Ongoing Trends and Key Players 2033
The wealth management platform market is estimated to grow at a CAGR of 10.0% over the forecast period. The wealth management platform market is expected to grow from USD 3.3 billion in 2023 to USD 8.56 billion in 2033. Global digitization is accelerating, which is boosting the market outlook. The wealth management platform enables businesses to …
Unlocking Growth Potential: A Comprehensive Study of the Merchant Banking Services Market by Future Market Insights, Inc.
According to FMI’s estimate, the market for merchant banking services worldwide is expected to grow at a CAGR of 16.8% during the forecast period. Market valuation for the sector is projected to rise from USD 50.53 billion in 2023 to USD 238.77 billion by the end of 2033. The market for merchant banking services is anticipated …
Geospatial Imagery Analytics Market Report by Future Market Insights: Key Insights and Forecast
The geospatial imagery analytics market is expected to be worth USD 7.2 billion in 2023, rising to USD 44.58 billion by 2033. During the forecast period, sales of geospatial imagery analytics are expected to grow at a significant CAGR of 20.00%. Businesses across industries are using geospatial image analytics to improve decision-making processes and outcomes as …
Contract Logistics Market Growth Factors, Opportunities, Ongoing Trends and Key Players 2033
The contract logistics industry is expected to expand from USD 544.98 billion in 2033 to USD 282.27 billion in 2023. Between 2023 and 2033, the demand for contract logistics is predicted to expand at a 6.8% CAGR due to many factors. The contract logistics industry is being driven primarily by government efforts to encourage economic diversification, …
3D Secure Payment Authentication Market Growth Factors, Opportunities, Ongoing Trends and Key Players 2033
The market for 3D secure payment authentication is estimated to increase at a compound annual growth rate (CAGR) of 12.2% between 2023 and 2033, reaching USD 1.28 billion in 2023. The market for 3D secure payment authentication is expected to reach USD 4.06 billion by 2033. The increase in online fraud, which includes identity theft and …
Global Fabric Cutting Machine Industry Set for Growth: Key Trends and Innovations Through 2034
The global fabric-cutting machine industry is estimated to be valued at USD 429.5 million in 2024, with projections indicating steady growth to reach USD 644.4 million by 2034. The market is expected to witness a moderate CAGR of 4.1% from 2024 to 2034, as demand for fabric-cutting solutions continues to grow, fueled by advancements in technology …
Vented Caps Industry Adapts to E-Commerce Growth and Increased Packaging Efficiency
The global vented caps industry is poised for significant expansion over the next decade, with projections indicating a steady CAGR of 3.9% from 2024 to 2034. In 2024, the market is estimated to generate USD 2.5 billion in revenue, with expectations to reach USD 3.7 billion by 2034. This follows consistent growth, as the market recorded …
Global Cake Base Discs Industry Forecast: Key Trends and Growth Opportunities Through 2032
The cake base discs industry is likely to register a CAGR of 2% during the forecast period and is anticipated to reach a market share of US$ 50 Billion in 2032, from US$ 40 Billion in 2020, owing to the multitude of shapes, functions, and customization options for cake base discs. The cake base discs market …
Global Powder Packing Machine Industry Surges Ahead: Key Trends and Forecasts Through 2032
The global powder packing machine industry is currently valued at USD 4.41 billion in 2022 and is projected to reach USD 6.89 billion by 2032 , growing at a Compound Annual Growth Rate (CAGR) of 2.8% during the forecast period. The market’s growth is primarily driven by the increasing need for efficient packaging solutions, especially …