The global confidential computing market value is expected to rise from US$ 5.5 billion in 2024 to US$ 692 billion by 2034. This estimated growth is expected to be driven by a skyrocketing CAGR of 62.3% in the confidential computing industry over the next decade. Confidential computing is gaining significance in the healthcare sector as …
Category Archives: Technology Trends
Defense Electronics Expand into Space-based Platforms for Communication, Surveillance, And Reconnaissance Applications, Driving Market Growth
The defense electronic market size is estimated to be worth US$ 178 billion in 2024. The demand for defense electronic is likely to rise at a CAGR of 5.8% through 2034. The industry is likely to surpass US$ 311.5 billion by 2034. The defense electronic industry is primarily propelled by the increasing global security concerns, marked by …
Global Command and Control System Market to garner a 7.2% CAGR through 2034, FMI Report
It is projected that collaborative decision-making platforms would propel the global market for command and control systems to a worth of US$ 38.3 billion by 2024. The market is predicted to see new possibilities as a result of the trend, with a predicted CAGR of 7.2% between 2024 and 2034 and a total worth of …
Artificial Intelligence (chipsets) Market Poised to Surge to US$ 287 Billion by 2033 with a Remarkable 26.4% CAGR | FMI
The global artificial intelligence (chipsets) market has been estimated to be valued at US$ 21.6 billion in 2022 and is expected to reach US$ 27.6 billion in 2023. The market’s growth is predicted to be beneficial, with a CAGR of 26.4% projected from 2023 to 2033. Furthermore, the AI chipset market is expected to reach a valuation …
Revolutionizing Growth: Agricultural Lighting Market Set to Reach US$ 38.5 Billion by 2034, Driven by Innovation and Sustainable Farming Practices
The market size for agricultural lighting is estimated to be around US$ 12.1 billion in 2024. It is projected to exhibit a CAGR of 12.3% over the forecast period, with an estimated market size of US$ 38.5 billion by 2034. In the last few decades, agricultural lighting has become increasingly popular in the agriculture sector, …
Global Airborne Radar Market to attain a US$ 42 billion Valuation by 2034, reflecting a 9.1% CAGR- FMI Report
The airborne radar market is anticipated to reach a valuation of US$ 17.6 billion in 2024. The industry is projected to be worth US$ 42 billion by 2034, expanding at a CAGR of 9.1% between 2024 and 2034. The market is experiencing high growth, driven by a convergence of technological advancements and increased global defense spending. This …
Global Hi-Fi Systems Market Set to Reach US$ 28.6 billion by 2033, Driven by High-quality Audio Demand | Future Market Insights, Inc.
The global Hi-Fi systems market size is estimated to reach US$ 16.9 billion in 2023 and US$ 28.6 billion by 2033. Overall sales of Hi-Fi systems are predicted to soar at 5.4% CAGR during the forecast period. Demand is expected to remain high for Hi-Fi products throughout the forecast period. This is attributable to the flexibility and cost-effectiveness of these products. As per …
RTD Temperature Sensor Sales to Total US$ 1.7 billion by 2033 amid Rising Penetration of Automation | Future Market Insights, Inc.
It is anticipated that the value of the worldwide RTD temperature sensor market would rise from US$ 1.2 billion in 2023 to US$ 1.7 billion in 2033. Sales of RTD temperature sensors are expected to increase at a 3.8% CAGR during the projected period. Analog RTD sensor demand is anticipated to be strong in the …
Thermocouple Temperature Sensors Market: Strong Growth Expected, Valuation to Reach $1.1 Billion by 2033
The global Thermocouple Temperature Sensors Market is poised for substantial growth, projected to achieve a remarkable CAGR of 3.8% from 2023 to 2033. By 2033, the market is anticipated to reach an impressive valuation of US$ 1,110.0 million, building on its 2023 estimated value of US$ 767.7 million. This growth can be attributed to several key factors …
Revolutionizing Surveillance: Network Cameras and Video Analytics Market Set to Soar to US$175 Billion by 2033
The Network Cameras and Video Analytics Market is projected to reach a value of US$ 30.6 Billion in 2023, growing at a CAGR of 19.1% from 2023 to 2033. By 2033, sales of network cameras and video analytics are estimated to reach a value of US$ 175 Billion. The network camera and video analytics market is an …