The 3D rendering market is expected to grow at a CAGR of 25.2%, driven by the increasing demand for high-quality visual content across various industries. In 2025, the market saw substantial revenue, and it is projected to continue its upward trajectory, with notable compound annual growth rates (CAGR) anticipated from 2025 to 2033. The key drivers for this growth include the growing demand for media and entertainment, advancements in technology, and increasing adoption in the architecture, engineering, and construction industry.
The automotive biometric market is expected to grow at a CAGR of 23% during the forecast period of 2025 to 2033, driven by technological advancements, increasing focus on vehicle security, and integration into various automotive applications. While hardware components led in revenue in 2025, software solutions are expected to witness significant growth in the forecast period. Similarly, while facial recognition technology dominated in 2025, iris recognition technology is expected to gain traction in the coming years.
The nanoclays market is expected to grow at a CAGR of 9.2% during the forecast period of 2025 to 2033, driven by increasing demand across diverse industries, advancements in nanotechnology, and the unique properties offered by nanoclays. Despite challenges such as regulatory constraints and limited awareness, the market presents significant opportunities for industry players to innovate, collaborate, and capitalize on emerging trends.
The multisensory technology market is expected to witness a strong CAGR of 25.2% from 2025 to 2033, driven by advancements in audio, visual, haptic, olfactory, and taste technologies. These technologies enhance user experiences across various industries such as entertainment, healthcare, education, marketing, automotive, and retail. The multisensory technology market is poised for significant growth driven by technological advancements, rising demand for enhanced user experiences, and increasing adoption of virtual reality (VR) and augmented reality (AR) technologies.
The agentic AI market has seen substantial growth and is poised for further expansion with an expected CAGR of 40.2% during the forecast period of 2025 to 2033. In 2025, it showcased robust performance across various segments, with notable drivers propelling its advancement. The market is characterized by its diverse applications, catering to a wide array of industries and stakeholders. However, certain restraints hinder its full potential, presenting challenges for stakeholders to overcome.
The retrieval-augmented generation market is expected to grow at a CAGR of 31.5% during the forecast period of 2025 to 2033, driven by advancements in natural language processing (NLP) and machine learning technologies. In 2025, the market witnessed significant revenue generation across various applications, including NLP solutions, content generation platforms, knowledge graphs, semantic search, AI-powered recommender systems, sentiment analysis, and voice assistants.
The industrial hydraulic equipment market is expected to grow at a CAGR of 4.1% during the forecast period of 2025 to 2033, driven by several key factors including increasing industrialization, growing demand for automation, and advancements in hydraulic technology. The industrial hydraulic equipment market is characterized by intense competition, technological innovation, and strategic collaborations among key players, driving continuous advancements and growth opportunities in the industry.
The tunnel automation market is experiencing significant growth driven by various factors such as increasing infrastructure development projects, advancements in automation technologies, and the need for enhanced safety and efficiency in tunnel operations. The tunnel automation market is expected to grow at a CAGR of 9.3% during the forecast period of 2025 to 2033, driven by increasing infrastructure development projects, advancements in automation technologies, and the need for enhanced safety and efficiency in tunnel operations.
The narrowband IoT (NB-IoT) chipset market is expected to grow at a CAGR of 40.7% during the forecast period of 2025 to 2033, driven by the increasing adoption of IoT solutions across various industries. NB-IoT technology offers low-power, wide-area connectivity for IoT devices, enabling efficient communication over cellular networks. Despite challenges related to interoperability, network coverage, and ecosystem fragmentation, the market is poised for substantial growth, fueled by the proliferation of IoT applications across various verticals and regions.
The walkie-talkie market is expected to grow at a CAGR of 9.3% during the forecast period of 2025 to 2033, driven by technological advancements, increasing demand for communication solutions, and expanding applications across various industries. While digital walkie-talkies led in revenue in 2025, analog walkie-talkies are expected to witness significant growth in the forecast period. Similarly, while offline channels dominated sales in 2025, online channels are projected to experience the highest growth rate.
