Category: Technology

Navigating the Radar Wave: US$2.4 Billion Marine Radar Market Poised for 5.5% Growth by 2033

Posted on By Future Market Insights

The marine radar market is expected to reach US$1.34 billion in 2022. The market is expanding as businesses provide technologically advanced maritime radar using different wireless technologies. As a result, revenue reached US$ 2.4 billion by 2033, representing a CAGR of 5.5% between 2023 and 2033. In 2023, the market is anticipated to bring in US$ 1.4 billion. The increasing spending on military activities by…

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Business, Technology

Environmental Testing Sector Anticipates Exponential Growth, Projected to Reach US$ 33,551.7 Billion by 2033

Posted on By Future Market Insights

According to Future Market Insights, the value of the global market for environment testing, inspection, and certification is expected to reach around US$ 33,551.7 Million by the end of 2033. Future Market Insights predicts that the testing, inspection, and certification of the global market environment will grow rapidly between 2023 and 2033. Various macroeconomic and microeconomic factors, as…

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Business, Technology

Energizing the Grid: Substations as the Nervous System of the Power System | Future Market Insights,Inc.

Posted on By Future Market Insights

According to Future Market Insights (FMI), global sales of substation automation are anticipated to grow at a 6% CAGR between 2023 and 2033. The substation automation market is anticipated to exceed US$ 37.8 billion in 2023 and to reach US$ 67.29 billion by 2033 thanks to a positive demand forecast. Recovery of the substation automation market is…

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Business, Technology

Touchscreen Controller Market Forecasted for Remarkable Growth, Predicted to Reach US$ 28.2 Billion by 2033

Posted on By Future Market Insights

The touchscreen controller market is rapidly growing, fueled by the increasing demand for intuitive user interfaces. With technological advancements, such as capacitive touchscreens and multi-touch functionality, the market is expanding across various industries, from smartphones and tablets to automotive and industrial applications. Innovation and competition continue to drive its evolution. The market for touchscreen controllers is anticipated…

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Business, Technology

Construction Tech Market Set for Striking US$ 24,178.4 Million by 2033

Posted on By Future Market Insights

The construction tech market is expected to be worth US$ 5,058.8 million in 2023. The market is expected to reach US$ 24,178.4 million by 2033, expanding at a 16.9% CAGR throughout the forecast period. With the integration of digital tools and advanced techniques, construction tech is streamlining workflows, enhancing efficiency, and improving safety on construction sites. Building information modeling (BIM) allows…

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Business, Technology

Enterprise Data Management Market Set to Exceed US$ 208.9 Billion, Growing at 8.4% CAGR

Posted on By Future Market Insights

The global enterprise data management market is anticipated to increase and reach US$ 208.9 billion by 2032, with a CAGR of 8.4%, as a result of the increasing adoption of Internet of Things (IoT) devices. The market is predicted to generate US$ 93.5 billion in 2022, a 1.1x increase from US$ 85.4 billion in revenue in 2021. In addition, the…

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Business, Technology

Asset Financing Platform Market Anticipates Robust Expansion, Targeting US$ 7,851.8 Million by 2033

Posted on By Future Market Insights

The asset financing platform market is expected to be worth US$ 3,217.0 million in 2023. The market is expected to reach US$ 7,851.8 million by 2033, expanding at a 9.3% CAGR throughout the forecast period. The asset financing platform market is driven by several factors, including the need for efficient financing options, the rise of e-commerce, and the digitization of business…

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Technology

Data Center Infrastructure Management Market Eyes US$ 5.6 Billion Milestone, Projecting 10.7% CAGR

Posted on By Future Market Insights

The data center infrastructure management market size is expected to reach US$ 2 billion in 2022 registering a CAGR of 10.7% from 2022 to 2032. Energy-efficient data centers are expected to exceed US$ 5.6 billion by the end of 2032.  The business has been experiencing an unprecedented data revolution since the recent boom in digital technology and transformation regarding storage, performance,…

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Business, Technology

Unveiling the Future: Projected Trends in the Embedded System Market Through 2032

Posted on By Future Market Insights

Sudip Saha is the managing director and co-founder at Future Market Insights, an award-winning market research and consulting firm. Sudip is committed to shaping the market research industry with credible solutions and constantly makes a buzz in the media with his thought leadership. His vast experience in market research and project management a consumer electronics will likely remain the leading end-use sector cross verticals in APAC, EMEA, and the Americas reflects his growth-oriented approach to clients.

Technology