A recent study conducted by Fact.MR anticipates significant growth in the sports betting market, with a projected compound annual growth rate (CAGR) of 10.3% between 2022 and 2032. By 2032, the market is expected to reach approximately US$ 225.65 million. The proliferation of sports leagues and events is identified as a primary driver behind the increasing demand for sports...
In fiscal year 2021, revenue in the global Partner Relationship Management (PRM) software industry amounted to US$ 521 million. It is projected to grow to US$ 595 million in fiscal year 2022, marking a year-on-year expansion rate of 14.2%.
The comprehensive Partner Relationship Management Software market survey report aims to prevent costly errors while saving both time and money for...
The bathroom sink market is forecasted to experience a 7% value compound annual growth rate (CAGR) during the assessment period spanning from 2020 to 2030. According to a recent report by Fact.MR, the escalating infrastructure sector, encompassing both non-residential and residential applications, is expected to drive the demand for bathroom sinks throughout this period.
However, the...
The global market for organic rice syrup is expected to grow at a compound annual growth rate (CAGR) of 4.3% over the next decade (2022–2032). The increasing adoption of organic rice syrups as a substitute sweetener in the food and beverage industry is anticipated to be a key driver for market expansion.
According to Fact.MR, the global organic rice syrup...
According to Fact.MR, a prominent provider of market research and competitive intelligence, the global insulated drinkware market is poised to reach a value of US$2.57 billion by the conclusion of 2033, with a projected Compound Annual Growth Rate (CAGR) of 6.3% throughout the forecast period.
Insulated drinkware refers to specialized containers designed to...
According to Fact.MR, a provider of market research and competitive intelligence, the Compression Socks Market is projected to reach US$690.72 million in 2023 and is expected to expand to US$1.09 billion by the end of 2033, growing at a CAGR of 4.7%.
The popularity of compression socks is anticipated to rise as people increasingly recognize their benefits over...
Between 2016 and 2020, the utilization of electronic access control systems experienced a steady growth, with a Compound Annual Growth Rate (CAGR) of approximately 7.5%. Notably, developed countries such as the U.S., Canada, Germany, and the U.K. held substantial shares in the global market during this period.
The market encompasses identity verification systems,...
The global designer fiber market is anticipated to witness significant growth, escalating from a valuation of US$ 166.7 million in 2023 to US$ 263.9 million by the close of 2033. Fact.MR projects a robust Compound Annual Growth Rate (CAGR) of 4.7% for global designer fiber demand from 2023 to 2033.
Designer fibers are assuming an increasingly pivotal role...
The global men’s swimwear market is projected to reach a valuation of US$ 402.2 million in 2022 and is anticipated to grow at a compound annual growth rate (CAGR) of 3.2% to reach US$ 535.4 million by the end of 2032.
Product advancement in men’s swimwear is expected to drive growth in the market. Among various types of swimwear, swim trunks...
The global market for combi ovens reached a value of US$ 2.13 billion in 2023 and is anticipated to grow to US$ 5.18 billion by 2033, exhibiting a robust compound annual growth rate (CAGR) of 9.3% over the next decade.
Combi ovens are versatile cooking appliances commonly utilized for steaming, convection baking, and combination cooking. This unique combination mode...
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