According to Future industry Insights, the storage-as-a-service industry is expected to grow at a remarkable rate of seventeen percent between 2020 and 2030. The increasing ease of data syncing, sharing, collaboration, and accessibility across smartphones and other devices serves as the foundation for this prediction. In addition, Storage as a Service (STaaS) has grown rapidly in the …
Category Archives: Technology Trends
Mindfulness Meditation App Market Thrives: Surges to US$ 172.3 Million in 2024, Projected to Exceed US$ 467.6 Million by 2034
The market for mindfulness meditation applications is anticipated to grow at a 9.5% compound annual growth rate (CAGR) to reach US$ 397.9 million by 2030 and US$ 192.7 million in valuation in 2022. The need for stress relief has increased interest in meditation techniques in recent years, which has made it profitable for mindfulness meditation software to …
Hyper-Converged Systems Market Thrives with 26.5% CAGR, Set to Reach US$ 129.38 Billion by 2033
The hyper-converged systems market is predicted to be worth US$ 12.33 billion in 2023, and rise to US$ 129.38 billion by 2033. The global market was expanding at a CAGR of 26.5% from 2023 to 2033. Demand for hyper-converged systems is primarily related to the rise in the trend of virtualization solutions among large and small businesses, …
Global CCTV Camera Market is likely to reach US$ 21,409.3 million in 2033 – FMI Projection
The CCTV camera market has been estimated at US$ 10,951.7 million in 2023 and is expected to grow at a CAGR of 6.9% from 2023 to 2033. By 2033, the worldwide CCTV camera market will be worth around US$ 21,409.3 million. CCTV camera sales currently constitute around 25% of the global video surveillance industry market. The market for IP cameras …
CMOS Camera Market Surges with 11% CAGR, Projected to Reach US$ 15.6 Billion by 2033
The CMOS camera market is poised for substantial growth, with a projected Compound Annual Growth Rate (CAGR) of 11% between 2023 and 2033. This remarkable surge is anticipated to propel the market to a valuation of US$ 15.6 billion by 2033, more than doubling its current size of US$ 5.5 billion. Start Exploring Wisdom: Download Your Insights …
Smart Parking Market Set to Skyrocket with 17.8% CAGR, Surpassing US$ 54.8 Billion by 2033
The smart parking market is projected to grow at a compound annual growth rate (CAGR) of 17.8% from 2023 to 2033. Although the market is estimated to be worth US$ 10.7 billion in 2023, it is expected to reach a market share of US$ 54.8 billion by 2033. A growing number of advanced guided park assist systems …
Fixed Asset Management Software Market Poised for Remarkable Expansion, Estimated to Reach US$ 11.4 Billion by 2032
The worldwide expected size for fixed asset management Software market was US$ 3.8 billion in 2021 and US$ 4.2 billion in 2022. The market is anticipated to grow at a CAGR of 10.6% from 2022 to 2032, when it will reach US$ 11.4 billion. The market is anticipated to be significantly impacted by the rapid adoption of …
Industrial Cybersecurity Market Forecasted to Reach US$ 46.96 Billion by 2033 with 7.8% CAGR Surge
The industrial cybersecurity market is poised for remarkable growth, with a projected steady CAGR of 7.8% during the forecast period. In 2023, the market is expected to reach a substantial revenue of US$ 22.36 billion, reflecting the growing importance of securing critical industrial systems. Looking ahead, the market’s trajectory appears even more promising, as it is anticipated to surpass …
Fiber Optic Collimating Lens Market: Propelling Towards a 11.6% CAGR, Eyes Set on US$ 2,394.5 Million by 2033
The fiber optic collimating lens market is on a remarkable growth trajectory, with projections indicating it will exceed a valuation of US$2,394.5 million by the year 2033. This impressive ascent is driven by a robust CAGR of 11.6%. The growing need for fast internet is expected to stimulate the demand for internet connections. This is likely to strengthen the demand …
Enterprise VSAT Systems Market: Positioned for Robust Expansion, Targeting US$ 7.4 Billion by 2033
The global enterprise VSAT systems market reached a value of US$ 4.9 billion in 2023. Over the next decade, from 2023 to 2033, it is anticipated to grow steadily at a rate of 4.5%. By 2033, this market is expected to reach a value of US$ 7.4 billion. Increased adoption of VSAT systems in the maritime industry is …