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Future Insights Market / FMI Articles
Electro-optical system market set to surge at 4.5% CAGR
In a dynamic stride towards advanced safety, security, and defence systems, the global electro-optical system market is poised to witness a robust expansion, according to recent market projections.
ADAS testing equipment market expected to hit $202.7bn by 2033
The advanced driver assistance system (ADAS) testing equipment market is projected to attain a valuation of $56.4 billion in 2023 and is expected to accumulate over $202.7 billion by 2033, trailing a CAGR of 13.6% from 2023 to 2033.
The global substation automation market expected value at $55.69Bn by 2032
The global substation automation market is expected to be valued at $29.12 Billion in 2022.
Automotive control cable market is estimated to reach $7.33Bn by 2033
The global automotive control cable market in 2022 was $2.5 billion and is estimated to be $3.6 billion in 2023.
Power Module Industry to have a CAGR of 11.8% by 2033
The intelligent power module market is predicted to be worth $1,603.7 million in 2023 and rise to $4,907.3 million by 2033.
Bot security market is predicted to reach $3.6m by 2033
The bot security market is expected to reach a value of $666.7 million by 2023, with a projected growth to $3,624.5 million by 2033 at a CAGR of 18.3%.
Global chatbot market worth $4.9Bn during 2023 to 2033
The chatbot market is expected to record a staggering 21.6% CAGR between 2023 and 2033.
Quantum computing market estimated CAGR of 23.5% through 2033
Future Market Insight predicts that the global quantum computing market could exhibit remarkable growth, with an estimated worth of $6.5 billion by 2033.
Growing demand for intelligent virtual assistants and improved customer experience
The conversational AI market is expected to develop at a staggering 17.3% CAGR between 2023 and 2033. The market is expected to grow from $9.6 billion in 2023 to $47.6 billion in 2033.
Endpoint protection platforms market to reach $10.3bn by 2033
The endpoint protection platforms (EPP) market is predicted to be worth $3,980 million in 2023 and rise to $10,323.09 million by 2033. Initially, the global market was expanding at a CAGR of 7.9% from 2018 to 2022.
NAC market growing at a CAGR of 27.5% 2022-2032
According to the network access control (NAC) market analysis by Future Market Insights (FMI), the adoption of network access control technology and solutions is estimated to grow with a CAGR of 27.5% from 2022-2032.
Hydrogen combustion engine market increases by 10%
The global hydrogen combustion engine market is projected to have a high-paced CAGR of 9.78% during the forecast period.
EU accounts for significant chunk of EV sales demand
The total value of EV MRO market share in the year 2022 is figured at around $513.9 million.
The demand for blockchain messaging apps in the UK is increasing
It is predicted that the blockchain messaging apps market share is expected to increase from $45.92 billion in 2023 to $1,700.31 billion in 2033.
31% of enterprises are predicted to use zero trust security by the end of 2023
According to the zero trust security Industry report, the market is set to reach a valuation of $30bn by the end of the year 2023.
The demand for autonomous cranes in the European market is rising
The global autonomous crane market net worth is estimated to be around $3,028.7 million in 2023 and is anticipated to register at a CAGR of 21.7% from 2022 to 2032.
FMI's analyst views on the rising oil recovery market
Enhanced oil recovery market share is anticipated to rise due to the growing adoption of enhanced oil recovery by the oil & gas sector during the forecast period. The key manufacturers are adding new technologies to improve the efficiency of enhanced oil recovery in recent years.
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