The insights engine market is expected to develop at a strong compound annual growth rate (CAGR) of 19.7%, with a projected value of US$ 860 million by 2027. An insights engine is a platform that uses relevance techniques to locate, organize, and analyze data so that current or synthesized information may be delivered in an …
Category Archives: Technology Trends
Service Integration and Management Market to touch US$ 16 Billion by 2027 – FMI
Future Market Insights has undertaken a thorough research on the service integration and management market and the deep dive in this sector has enabled FMI to surface new insights pertaining to the various trends, opportunities, drivers and restraints influencing the growth of the global service integration and management market and also has included regional analysis, …
Continue reading “Service Integration and Management Market to touch US$ 16 Billion by 2027 – FMI”
Human Identification Market Set for Exponential Growth: Projected to Reach US$ 3 Billion by 2033
The global “human identification market” is projected to have a high-paced CAGR of 9.6% during the forecast period. The valuation of the human identification market is estimated to be US$ 1.2 billion in 2023. The value of the market is anticipated to reach a high of US$ 3 billion by the year 2033. Key attributes propelling the …
Cloud Communication Platform Market Size & Outlook 2030 | FMI
The global cloud communication platform market will experience a double-digit CAGR over the forecast period, 2020-2030. Upsurge in investments in IT infrastructure for cloud service providers (CSPs), internet service providers (ISPs), and hyperscalers have been critical in driving market growth. Further, the coronavirus (COVID-19) pandemic has compelled several organizations to turn to work from home (WFH) model, …
Continue reading “Cloud Communication Platform Market Size & Outlook 2030 | FMI”
Global earphone and headphone market to reach a valuation of US$ 1,98.42 billion by 2034, FMI projection
The earphone and headphone market had an estimated market size of US$ 60.91 billion in 2023 and is expected to reach a global market size of US$ 1,98.42 billion by 2034, increasing at a CAGR of 11.4% between 2024 and 2034. By 2024, the market for earphone and headphone is likely to reach a valuation …
Securing Tomorrow: Physical Security Equipment Market Set to Surpass US$ 60 Billion by 2022, Reveals Future Market Insights Study
Recent research by Future Market Insights (FMI) has estimated the global physical security equipment market to reach nearly US$ 64,000 Mn in revenues by 2022-end. Over the forecast period (2017-2022), the global market for physical security equipment is projected to exhibit a staggering expansion at over 10% CAGR. Emergence of Thermal Cameras – A Major Trend Observed …
Artificial Intelligence Systems Spending Soars: Market Set to Reach US$ 516.2 Billion by 2027
The global “artificial intelligence systems spending market” is anticipated to soar with a staggering 46.1% CAGR throughout the projection period between 2017 and 2027. The coronavirus pandemic benefits from the coronavirus outbreak as businesses are remodelling operations to allow employees to work from home. Further, increased spending on online communications and cloud technologies will generate …
LED Lights Market Shines Bright: Projected Growth at 16.2% CAGR, Reaching US$ 87.2 Billion by 2023
The global LED Lights market is forecast to expand at 16.2% CAGR over the estimated time period, as per FMI’s analysis. The industry’s size is predicted to reach a market value of US$ 87,242.8 Million in 2023. LED lights market to reach US$ 392,675.9 Million by 2033. The LED lights can be effectively integrated in living environments, …
Global Video Intercom Device Market to Total US$ 128,200 Million by 2033, Rising at a 13.2% CAGR | Future Market Insights, Inc.
According to a Future Market Insights (FMI) report, the market for video intercom devices was estimated to be worth US$ 32,780.7 Million in 2022. It is anticipated that the industry would be valued US$ 37,020.3 Million by 2023. The video intercom device market is going to expand at a 13.2% CAGR over the course of …
Global Family/Indoor Entertainment Centres Market Thrives with 13.3% CAGR, Set to Reach US$ 61 Billion by 2027
The worldwide family/indoor entertainment centre (FEC) market has grown significantly, and Future Market Insights (FMI) projects that by the end of 2027, sales would have increased significantly from over US$ 17 billion in 2017 to about US$ 61 billion. The industry’s remarkable rise, with a Compound Annual Growth Rate (CAGR) of 13.3% between 2017 and 2027, may …