Future Market Insights (FMI) stories - Page 2

Rising adoption can be attributed to the increasing digital transformation in data centres adopting HCI solutions, according to a new report.

The market for industrial pump control panels is projected to create an incremental opportunity of US$1 billion in the review period 2023 to 2033.

Telecom service providers employ analytics tools to improve customer service, minimise revenue losses, and cut sales and marketing expenses.

The growing complexity of cloud networks and the need for real-time visibility present significant opportunities in the market.

The market is expanding due to the construction of more network towers, improved connectivity, and the reorganisation of telecom solutions.

According to Future Market Insights, the cloud field service management market will grow at a CAGR of 11.2% between 2022 and 2032.

The demand for DRO systems is set to rise as manufacturing embraces digitalisation and Industry 4.0 principles.

The increasing demand for high-speed data transfer rates and the adoption of 5G technology is expected to bolster demand.

Surgical monitors market set to top $842.57m by 2032, driven by increasing geriatric population and prevalence of chronic disorders, according to FMI.

The communication test and measurement market is capturing a valuation of US$8.01 billion in 2023 and is predicted to reach US$17.78 billion by 2033.

The stone analysis software market is estimated to reach a net worth of US$74.69 million by 2033, from the current valuation of US$53.46 million in 2023.

The sleep screening devices market is predicted to expand at a CAGR of 6.6% between 2023 and 2033, totalling around US$17.5 billion by 2033.

The global computer graphics market is poised for substantial growth, by a steady CAGR of 8.3%, with projected revenues surpassing US$464.2 million by 2033.

The FTTx tester demand is anticipated to be valued at US$13.9 billion in 2022, forecasted to grow at a CAGR of 7% to US$27.34 billion from 2022 to 2032.

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 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.

FMI says increasing accessibility of VR and AR devices for unique and personalized travel experiences will drive the virtual tourism market.

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.

Rising demand for AI-powered customer support services, omnichannel implementation, and lower chatbot development costs is driving market growth.