The global consumer electronics market is projected to reach $1.38 trillion by 2028, with smartphones driving growth and technology trends such as 5G networks, IoT, and sustainability shaping the market.
The global video game industry is expected to generate nearly $188 billion in revenue in 2023, with console sales driving the biggest revenue growth, and an increase in younger gamers contributing to the industry's growth; meanwhile, mobile game growth is expected to slow due to privacy-related challenges faced by developers.
The global gaming console market is projected to reach a market size of USD 47.02 billion by 2030, with a Compound Annual Growth Rate (CAGR) of 8.5% from 2023 to 2030, driven by the increasing prominence of digital games, subscription-based models, the rise of esports, and the introduction of VR and AR technologies.
The global artificial intelligence in genomics market is projected to reach USD 12.5 billion by 2032, with a CAGR of 39.2% during the period 2023-2032, driven by the increasing adoption of AI in genomics research for analysis and personalized medicine.
The Business Research Company's global market reports predict that the electrical and electronics market will reach $4,986.91 billion by 2027 with a compound annual growth rate (CAGR) of 7.5%, driven by innovations in electronics technology.
The global financial services market is expected to reach $37,484.37 billion by 2027, driven by evolving consumer needs, technological advancements, and regulatory changes, according to reports from The Business Research Company.
The Global Machine Learning Chips Market is expected to grow at a CAGR of 35.3% during the forecast period, with key players including AMD, Google, Intel, NVIDIA, Baidu, Qualcomm, Amazon, Xilinx, and Samsung.
The global AI market is projected to reach $2 trillion by 2030, with companies like Amazon and Meta Platforms making significant investments in AI to drive growth and diversify their offerings.
The global Clinical Nutrition Products Market is expected to experience significant growth by 2031, with an estimated CAGR that will reach USD million.
The global automotive silicone market is projected to reach USD 3.4 billion by 2028, growing at a CAGR of 7.3% due to the increasing utilization of automotive silicones in the thriving automotive industry.
The global industrial robot market is expected to reach a value of USD 42.90 billion by 2023, with a Compound Annual Growth Rate (CAGR) of 12.50% driven by the adoption of automation, AI, and collaborative robots in various industries.
The global wireless sensors market is projected to reach $32.4 billion by 2028, growing at a CAGR of 21.4%, driven by the increasing adoption of wireless technologies and the growing demand for remote monitoring across various industries.
The global game-based learning market is projected to reach a value of USD 62.09 billion by 2030, with a compound annual growth rate (CAGR) of 21.33% from 2022, driven by the need to enhance learning outcomes and adapt to the changing education landscape.
The global server virtualization software market is projected to reach approximately US$13.8 billion by 2030, with a compound annual growth rate (CAGR) of 6.6% during the forecast period from 2022 to 2030, driven by the need for optimized IT infrastructure, reduced operational costs, and the increasing emphasis on cloud computing and digital transformation initiatives.
The global blockchain finance market is predicted to become a $79.3 billion industry by 2032, driven by the disruptions caused by the COVID-19 pandemic and the potential for reduced operational costs, with collaborations and acquisitions being heavily explored as a top strategy by market players.
The global retail analytics market was estimated to be valued at USD 7.4 billion in 2022 and is projected to reach USD 40.4 billion by 2032, with a CAGR of 18.6%; retail analytics uses advanced computational techniques to gather, process, and analyze data from various sources to provide valuable insights into customer behavior and improve business decisions and performance.
The AI server market in China is booming, with a 54% growth in size from H1 2022 to H1 2023, and is forecasted to reach $16.4 billion by 2027, driven by internet services, financial, telecommunications, and government sectors, according to a report by IDC.
