Analyst report stories - Page 36

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.

Identity Security has become a necessity for businesses and organisations facing evolving cyber attacks. TechDay spoke with Semperis to find out more.

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 robotic lung biopsy market is projected to be US$408.0 million in 2023, with a projected growth of 9.6% CAGR by 2033.

The hermetic packaging market, with a 4.2% CAGR from 2023 to 2033, is expected to be US$ 5.2 billion by 2033, up from US$ 3.4 billion in 2023.

The market is expected to see rapid expansion, due to rising connected device usage, the emergence of hybrid workspaces, and 5G-driven applications.

The military communications market is valued at US$ 43.09 billion in 2023, and with a CAGR of 10.5% through 2033, it is predicted to reach US$116.96 billion.

The market for ADAS calibration equipment is expected to reach $277.8 million by 2023, with sales forecasted to grow at a CAGR of 12.6%.

Swift digitization and inclusion of IoT devices in manufacturing and corporate spaces to plunge the automated test equipment market at US$23.76 billion by 2033.

With eCommerce and AI working together, sellers must plan for the integration of AI with both technology and company strategy in mind.

The growth in the market could be attributed to the increase in demand for fiber cable networks and fiber optic cable types.

Global biometric-as-a-service market projected to register a fast-paced CAGR of 22.4% from 2022 to 2032, according to Future Market Insights.

The global market for digital wound measurement devices is likely to reach US$3,293.3 million by 2033, expanding at 3.8% CAGR over the next ten years.

The market is estimated to thrive between 2021 and 2031 on the back of healthy demand from retail, eCommerce, logistics and manufacturing facilities.