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Optical Communication and Networking Equipment Market to Account US$ 44.5 Billion by 2032 The optical communication and networking equipment market is expected to grow at a 7.3% CAGR between 2022 and 2032. The market is expected to reach $44.5 billion in 2032, up from $22 billion in 2022. Rising global adoption of cloud-based services and virtualization services, increased data traffic as a result of increased internet usage, and a growing number of data centers are some of the facto..
Data Center Switch Market is Expected To Accelerate At A Whopping 4.8% CAGR Through 2032 In 2021, global sales of Data Centre Switches were valued at US$ 13.8 billion. Demand for data centre switches is expected to grow at a 4.8% CAGR over the next ten years. The global data centre switch market will be worth approximately $23.2 billion by the end of 2032. The market is expected to be worth $14.6 billion in 2022. Cloud-based service providers are expected to grow at a 4.7% CAGR from..
Mobile Edge Computing Industry Is Likely To Climb To US$ 58.4 Bn By 2032 Between 2022 and 2032, the mobile edge computing market is expected to strengthen its position in the global market at a promising CAGR of 49.7%. The market is expected to be worth US$ 1 billion in 2022 and US$ 58.4 billion by 2032. Previously, the market grew at a much faster rate of 57.4% CAGR (2015-2021), resulting in a mobile edge computing market size of US$ 713.2 Mn in 2021. A concise coll..
Radio Frequency (RF) Packaging Market Are Predicted To Rise At A Healthy CAGR Of 14.2% From 2023 To 2033 The Radio Frequency (RF) Packaging Market is valued at $25.1 billion and is expected to grow at a staggering 14.2% CAGR from 2023 to 2033. Total radio frequency packaging sales are expected to reach US$ 111.6 billion by the end of 2033. The market is expected to be worth $29.5 billion in 2023. Radio Frequency (RF) Packaging applications in consumer electronics are expected to grow at a 14.0% CAG..
Smart Sensors Market is Set to Grow At A CAGR Of 18.5% By 2033 Smart Sensors Market is expected to have a market value of US$ 39,656.5 Million in 2022 and a market value of more than US$ 2,53,824.3 Million in 2033. Furthermore, the market value is estimated to be around US$ 46,358.4 Million in 2023, with a CAGR of 18.5% from 2023 to 33. Smart sensors are sophisticated sensors designed to be highly sensitive, efficient, and capable of collecting and transmit..
Mobile Payment Technologies Market to Reach A Value Of US$ 111.2 Tn By 2032 The market for mobile payment technologies is expected to grow at a staggering 25.6% CAGR. It is expected to reach nearly US$ 111.2 Tn by 2032, up from US$ 9.5 Tn in 2021. Mobile payment technology has greatly benefited businesses in recent years by lowering client acquisition costs, increasing customer lifetime value, and lowering infrastructure and operating costs. A variety of businesses in a..
Non-volatile Memory Market Worth 152.0 USD Billion by end of 2033 The Global Non-Volatile Memory Market is expected to be worth $70.3 billion in 2023, up from $64.5 billion in 2022. From 2023 to 2033, it is expected to grow at an 8.0% CAGR. By 2033, the market is expected to be worth US$ 152.0 billion. Because of the growth of the portable systems market over the previous decade, the semiconductor industry has become increasingly interested in non-volatile mem..
Data Protection-as-a-Service (DPaaS) Market Size to grow USD 113.2 Billion by 2032 The global data protection as a service (DPaaS) market was valued at $21.6 billion in 2021 and is expected to grow 29.6% year on year to $28.0 billion in 2022. Demand is expected to rise at a 29.2% value CAGR between 2022 and 2032, reaching US$ 113.2 billion by the end of the forecast period. The introduction of cloud computing and software-defined data centres with virtualized infrastructure co..