The telecom analytics market is expected to reach US$ 16.61 Bn in 2032, growing at a CAGR of 14.0% during the forecast period from 2024 to 2032. The advent of big data analytics have changed the way telecom sectors are managing their operations. The massive amount of data created by telecom devices users is a goldmine for telecom companies.
The industrial filters market is expected to reach US$ 5.79 Bn in 2032, growing at a CAGR of 5.09% during the forecast period from 2024 to 2032. Industrial filters find its applications in many industries such as food & beverages, mining, chemical, pharmaceutical, and power etc. They are used for cleaning and treating industrial oil, liquid, gases and water and also for removing dust and dirt in chemical and pharmaceutical industries and several others.
Globally, the high frequency line traps market is projected to grow with a CAGR of over 7.0% during the forecast period from 2024 to 2032. High frequency line trap is a parallel resonant circuit which requires minimum or negligible maintenance. These line traps are fixed inline on high-voltage AC communication power lines that helps avert the transmission of carrier signals with high frequency to undesirable directions. The high frequency line traps acts as a low impedance path for power frequency and a high impedance track for the tuned frequency.
The reverse logistics market worldwide is expected to grow with a CAGR of 9.90% during the forecast period from 2024 to 2032, starting from US$ 1255.3 Bn in 2021. Government regulations for e-waste, growth of e-commerce industry and rising product recalls in pharmaceutical and healthcare industry worldwide are the major growth factors for the global reverse logistics market.
The global graph database market is poised to reach US$ 6,674.93 Mn by 2032, expanding at a CAGR of 15% over the forecast period from 2024 to 2032. Penetration of Internet of Things (IoT) and Artificial Intelligence (AI) has prominently triggered the volume of data generation per year turning their analysis into more complex process. As per ‘World Economic Forum’ total data generation will reach nearly 463 Exabyte (10006 bytes) by the year 2025.
Globally, the mass notification systems market is expected to grow with a CAGR of 18.2% during the forecast period from 2024 to 2032, starting from US$ 10.04 Bn in 2021. Mass notification systems are tools with an updated database of names, contact numbers, email addresses and other information. These tools are used to send messages to the employees in case of any emergencies.
Globally, the paddle & rocker switches market is expected to grow with a CAGR of 4.0% during the forecast period from 2024 to 2032. A rocker and paddle switched are commonly used across various industries based on its easy handling and reliable properties. The rocker switches are used in surge protectors, computer power supplies, display monitors, and many other applications and devices. Whereas, paddle-switch can be operated easily without switching on unintentionally.
Globally, the gas circuit breaker market is expected to grow with a CAGR of 5.0% during the forecast period from 2024 to 2032, starting from US$ 788.13 Mn in 2021. Gas circuit breakers consists of sulphur hexafluoride (SF6) which interrupts with electric currents when a fault is detected and helps protect the electrical power stations and distribution systems. Gas circuit breakers have various advantages over conventional methods as these systems donot need to be replaced, however they can be reset to resume usual operations.
Globally, the ready-to-move-in homes market is expected to grow with a CAGR of 7.0% during the forecast period from 2024 to 2032. Ready to move in homes provide residents with a benefit of staying away from the hassle of setting the house and spending time in waiting to get the possession of their new home. These houses meet all the basic requirements of residents including operable plumbing, structural stability, electricity, and many other amenities.
Globally, the check engine light market is projected to grow with a CAGR of 5.5% during the forecast period from 2024 to 2032. The check engine light in a vehicle is set up to warn the drivers about the problems or issues with the engine of the vehicle. Check engine light is a computerized system, which keeps a track of the engine and notify about any malfunctions caused to the engine. It is considered a diagnostic tool that increasingly help in maintaining the performance of the vehicle, engine speed, and ignition time.
