Market stories - Page 5

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 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 worldwide computational fluid dynamics (CFD) market is projected to reach US$5.7 billion by 2033, driven by demand from various industries.

VIPRE Security Group has launched its Microsoft Better Together Campaign, providing cybersecurity solutions for Microsoft Partners.

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.

FMI has found the market is predicted to reach US$626.23 billion in 2023. It's anticipated to develop at a CAGR of 17.8%, reaching US$3221.36 billion by 2033.

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%.

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.

By implementing new technologies, organisations can find new and improved ways to deliver unparalleled customer services and experiences.

Future Market Insights (FMI) has released new research showing the virtual event platforms market is expected to grow to USD$17.05 billion by the end of 2028.

Business leaders are driving digital transformation and the importance of composable ERP, allowing for more agility and personalised experiences.

Declining demand and challenging macro-economic conditions have caused IDC to further lower its forecast for the worldwide PC and tablet markets.

Real market recovery is not expected to occur until 2024, when IDC expects 5.9% year-over-year growth followed by low single-digit growth.

The Smart Home as a Service market revenue was estimated at US$5.5 billion in 2021 and is anticipated to grow at a CAGR of 15.4% from 2022-2032.

Fortinet reports 32% revenue growth in 2022, generating $857.3m in GAAP net income and a record $1.45bn in free cash flow.

The Container Security Market is projected to reach US$2.63 billion by 2025, with a CAGR of 25.7%, according to KuppingerCole.

IDC expects to see continuous strong demand for shared cloud infrastructure with spending expected to surpass non-cloud infrastructure spending in 2023.

Nearly all growth will come from investments in public cloud software, which is expected to represent nearly two thirds of all enterprise app revenue in 2026.

The driving factors can be attributed to increasing vulnerability of Wi-Fi networks, growing adoption of IoT, and an increasing number of connected devices.