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Showing posts from June, 2023

Disaster Recovery-as-a-Service Market to be Worth $31.6 Billion by 2030

  Meticulous Research ® —a leading global market research company, published a research report titled,  ‘ Disaster Recovery-as-a-Service  Market  by Operating Model (Managed DRaaS, Assisted DRaaS), Function, Organization Size, Sector (IT & Telecommunications, BFSI, Retail, Healthcare), and Geography - Global Forecast to 2030. ’ According to this latest publication from Meticulous Research ® , the Disaster Recovery-as-a-Service market is projected to reach $31.6 billion by 2030, at a CAGR of 20.5% from 2023-2030. The growth of the disaster recovery-as-a-service market is driven by the growing demand for data security and scalability, rising data breaches and ransomware attacks, and the growing adoption of disaster recovery-as-a-service in the BFSI sector. However, the complexity of deployment and setting terms restrains the growth of the disaster recovery-as-a-service market. Furthermore, the growing adoption of advanced technologies such as AI and machine learn...

Agriculture Equipment Market Worth $242.9 Billion by 2029

  Meticulous Research ® —a leading global market research company, published a research report titled,  ‘ Agriculture Equipment Market  by Type (Tractors, Harvesting Equipment, Irrigation & Crop Processing Equipment, Spraying & Handling Equipment), Mode of Operation (Manual, Automatic), Application (Land Development, Harvesting) - Forecast to 2029.’ According to this latest publication from Meticulous Research ® , the agriculture equipment market is slated to register a CAGR of 5.6% from 2022–2029 to reach $242.9 billion by 2029. The growth of the agriculture equipment market is attributed to factors such as the rising need for mechanizing agricultural operations, progressive government initiatives supporting farmers, and the growing adoption of modern agricultural techniques. However, the high cost of advanced agriculture equipment and fluctuating raw material prices are expected to restrain the growth of this market. The agriculture equipment marke...