Future Market Insights (FMI) stories
The global submarine optical fibre cable market's revenue is projected to increase from its current value of US$20.6 billion in 2023.
The market for industrial cybersecurity is anticipated to grow at a CAGR of 7.7% and reach US$43.5 billion by 2032.
The global artificial intelligence in healthcare market is projected to register a 38.5% CAGR and reach US$181.8 billion by 2032.
The global eSports and games streaming market is expected to grow by US$8 billion from 2023 to 2033, accelerating at a CAGR of 11.9%, according to FMI.
The market for AI in healthcare is likely to thrive as a result of the need to reduce rising healthcare costs and the growing shortage of care providers.
FMI says increasing accessibility of VR and AR devices for unique and personalized travel experiences will drive the virtual tourism market.
The process instrumentation market is capturing a valuation of US$18.46 billion in 2023 and is predicted to reach US$37.34 billion by 2033.
The high content screening market will register positive growth, with the overall valuation forecast to reach US$1.6 billion in 2022, according to FMI.
The digital health market is expected to be worth US$224.24 billion in 2022 and is likely to grow at a CAGR of 27.7% to reach USD $2.586 trillion by 2032.
Rising demand for AI-powered customer support services, omnichannel implementation, and lower chatbot development costs is driving market growth.
From software to hardware and chipsets, the role AI in the automotive market is prominent, according to new analysis.
The IoT communication protocols market is set to be worth US$24.6 billion by 2032, with a CAGR of 4.5% between 2022 and 2032.
According to Future Market Insights, the growing usage of industry-specific customised anechoic chambers is the market's salient factor.
Over the next ten years, global digital psychotherapeutics demand will likely accelerate at 27.6% CAGR and surpass US$12.2 billion.
Enterprises' increased demand for frameworks of interconnected devices has created a demand for robust firewalls.
Digital health has become an increasingly prevalent buzzword due to the increasing implementation of digital health platforms.
The global fibre to the x (FTTx) market revenue is anticipated to reach US$17.3 billion by 2033, up from US$10.2 billion in 2023.
The worldwide computational fluid dynamics (CFD) market is projected to reach US$5.7 billion by 2033, driven by demand from various industries.
The fibre optic test equipment market is to be US$923 million in 2023 and is expected to reach US$1,779.9 million by 2033, with a 6.8% CAGR.
The robotic lung biopsy market is projected to be US$408.0 million in 2023, with a projected growth of 9.6% CAGR by 2033.
