The global backpacker gears market is estimated at approximately US$ 900 Million in 2022 and is projected to reach US$ 1,770.44 Million by 2032, at a CAGR of 7.0% from 2022 to 2032. Share of backpacker gears market in its parent market (Hiking & Equipment Market) is approximately 10% to 15%. Customers’ shifting priorities toward living healthier lives, for their mental health, or to relax…
The UK cruise tourism market is estimated to reach US$ 14.0 Million in 2022. As per the report, sales are forecast to increase at a robust 9.0% CAGR, with the market valuation reaching US$ 19.5 Million by 2032. When combining traditional vacation package and cruise sales, agency’s own 67% of the market. Due to the impact of covid-19 the market is effected…
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The social tourism market is estimated to reach US$ 54.79 Billion in 2022. As per the report, sales are forecast to increase at a robust 3.88% CAGR, with the market valuation reaching US$ 79.8 Billion by 2032. Social tourism refers to tourism organised for people with modest income and the travellers who cannot afford to travel on their own. Social tourism is done for…
The KVM switch market is poised for robust growth, with a projected CAGR of 3.5%. Anticipated to reach a substantial valuation of US$ 1,562.4 million by 2033, this market surge indicates the increasing demand for efficient and streamlined data management solutions. KVM switches, or Keyboard, Video, and Mouse switches play a pivotal role in facilitating seamless control and access…
Read More “KVM Switch Market Anticipates 3.5% CAGR, Eyes US$ 1,562.4 Million Revenue by 2033” »
The market for automatic paper cutters is expected to reach US$ 268.5 million in 2023. At a CAGR of 3.7% throughout the forecasted period, the market is expected to grow significantly, reaching US$ 386.1 million in 2033. Due to its user-friendliness, automatic paper cutters are particularly adaptable for usage in both homes and businesses, which is projected…
The hydronic underfloor heating market is projected to reach US$8,012.2 million, growing at a 6.2% CAGR from its projected value of US$ 4,390.4 million in 2023. The market potential for hydronic underfloor heating will be shaped by the rising need for affordable heating solutions as well as government incentives and support for their adoption. The market for…
The global absorbent glass mat (AGM) battery market is anticipated to generate US$ 18 billion while exhibiting a 4.8% CAGR over the course of the projected period, according to Future Market Insights. In the upcoming years, market expansion is probably going to be fueled by the increasing backing from several governments. In 2022, the sector is anticipated…
The South Korea intellectual property market is securing a valuation of US$ 1 billion in 2023 and is projected to reach US$ 5.2 billion by 2033. The market is capturing a CAGR of 17.4% during the forecast period. The South Korea intellectual property (IP) market is anticipated to gain from the rising adoption of cloud-based IP solutions and the growing demand…
The global FPGA market is expected to grow at a CAGR of 7.6% from 2023 to 2033. By 2033, the market is projected to reach US$ 15,023.5 million from US$ 7,243.6 million in 2023. Several primary factors are propelling the FPGA industry. For starters, the growing need for high-performance computing and data-intensive applications across several industries necessitates the development of improved…
The semiconductor assembly and testing services market income added up to US$ 32.6 Billion in 2021. The general semiconductor assembly and testing services market is projected to arrive at US$ 52.1 Billion by 2029, developing at a CAGR of 6.1% for 2022 – 2029. Ceaseless turns of events and execution of new advancements, for example, natural substrate-interposer innovation and silicon-through interconnection…
