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MRO Market for the Manufacturing Industry Forecasts $49.65 Billion Market by 2030

  Meticulous Research®, a leading global market research company, has published a new report titled, MRO Market for the Manufacturing Industry by Product (Plant Facilities, Automation Equipment, Robots, CNC Equipment), Sector (Consumer Products, Food & Beverage, Automotive, Electronics & Semiconductors) - Global Forecast to 2030. According to the report, the global Maintenance, Repair, and Operations (MRO) market for the manufacturing industry is projected to reach $49.65 billion by 2030, growing at a compound annual growth rate (CAGR) of 7.8% from 2023 to 2030. The growing demand for digital transformation in MRO operations, the need to minimize downtime and enhance organizational efficiency, and the development of smart factories are the primary drivers of this market's growth. However, the shortage of skilled professionals continues to pose challenges to the market. Meanwhile, increasing demand for remote maintenance solutions and the rise of 5G technology offer lucrat...

Future of Edge Computing: Market Size, Share, and Growth Forecast

  A new market research report, titled "Edge Computing Market by Component (Hardware, Platforms, Services), Application (Smart Cities, Industrial IoT, AR/VR, Other), End-use Industry (Energy & Utilities, Manufacturing, Retail, Other), and Geography—Global Forecast to 2031," forecasts that the edge computing market is set to experience remarkable growth, with projections indicating it will reach $169.3 billion by 2031. This growth is anticipated to be driven by a compound annual growth rate (CAGR) of 37.4% from 2024 to 2031. Understanding Edge Computing Edge computing involves managing and processing data at the edge of the network, closer to where it is generated, rather than relying solely on centralized data-processing warehouses. This approach enhances data handling efficiency and speed by processing data locally, which leads to reduced operating costs, minimized bandwidth usage, and improved overall performance. As the demand for rapid data processing increases g...

Driving Efficiency: Water and Wastewater Treatment Trends in the Global Food Industry

 Meticulous Research® has announced the release of a new market research report titled, “Water and Wastewater Treatment Market for Food Industry by Type (Water Treatment, Wastewater Treatment), Offering, Cluster (Dairy, Cheese, Ice-cream, Non-alcoholic Beverages, Prepared Foods, Powdered Foods, Alcoholic Beverages), and Geography—Global Forecast to 2032.” The report reveals that the global Water and Wastewater Treatment Market for the Food Industry is projected to grow at a compound annual growth rate (CAGR) of 6.8% from 2022 to 2032, reaching an estimated $78.35 billion by 2032. Download Free PDF Sample Copy of the Report: https://www.meticulousresearch.com/download-sample-report/cp_id=5258 Market Insights The primary goal of wastewater treatment in the food and beverage (F&B) industry is to protect human health and the environment from harmful and toxic elements found in wastewater discharge from manufacturing plants. Water treatment facilities expedite the natural purificati...

IVD Contract Manufacturing Services Market Outlook: Growth, Trends, and Insights

  Meticulous Research ® —a leading market research company, published a research report titled, ' IVD Contract Manufacturing Services Market  by Type (Assay Development, Manufacturing), Category (Reagents, Systems), Technology (Immunoassay, Molecular Diagnostics, Clinical Chemistry, Hematology, Microbiology, Urinalysis) – Global Forecast to 2031’ According to this latest publication from Meticulous Research ® , the IVD contract manufacturing services market is projected to reach $25.80 billion by 2030, at a CAGR of 7.8% from 2024 to 2031. The growth of the IVD contract manufacturing services market is driven by several factors, including the rising prevalence of infectious diseases, the shift in focus from centralized laboratories to point-of-care testing services, regulatory complexities faced by IVD companies, and the need for cost-effective manufacturing of IVD tests. Factors such as high economic growth and increased outsourcing to emerging countries serve as an opportun...

Leading the Defense: Top 10 Innovators in Cybersecurity-as-a-Service

  The Cybersecurity-as-a-Service Market is on an impressive growth trajectory and is projected to reach a substantial valuation of $46.6 billion by the year 2030, with a Compound Annual Growth Rate (CAGR) of 17.5% forecasted from 2023 to 2030. This revelation comes from a comprehensive analysis conducted by Meticulous Research, a leading provider of market intelligence and consulting services. The robust expansion of the Cybersecurity-as-a-Service market is underpinned by several key factors, including the increasing significance of cybersecurity in the banking sector, a rising number of data breaches and cyber-attacks, the growing trend of BYOD (bring your own device) in enterprises, and various government initiatives aimed at fostering the adoption of cybersecurity solutions. However, some organizations express concerns about the security of cloud-based solutions, which act as a restraint on market growth. Nevertheless, the increasing adoption of cloud security solutions among Sm...