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Showing posts from June, 2023

Legal Online Dispute Resolution (ODR) Market Size, Company Revenue Share, Key Drivers, and Trend Analysis, 2021–2028

 The global legal Online Dispute Resolution (ODR) market size was USD 57.3 million in 2020, and is expected to reach USD 210.53 million 2028, and register a revenue CAGR of 17.5% during the forecast period, according to the latest report by Emergen Research. A primary factor driving market revenue growth is the rapid surge in number of individuals and parties, civilian, and commercial entities, and others, opting to resolve legal or judicial disputes virtually or across distances, and without any contact or physical appearance in a courtroom or at in the presence of judicial bodies. In addition, savings on fees, court visits, and time needed to be spent in court are some other key factors driving market revenue growth. The Global Legal Online Dispute Resolution (ODR) Market report by Reports and Data is an all-encompassing study of the global Legal Online Dispute Resolution (ODR) market. Emergen Research’s latest market research report focuses on the globa...

E-Waste and Information Technology Asset Disposition Market Size, Company Revenue Share, Key Drivers, and Trend Analysis, 2021–2028

 The global E-waste and Information Technology Asset Disposition (ITAD) market size is expected to reach USD 115.06 Billion at a steady revenue CAGR of 8.6% in 2028, according to latest analysis by Emergen Research. E-waste and ITAD market revenue growth is driven by deployment of regulatory compliance and increased awareness regarding the adverse impact of E-waste on health and on the environment. In 2019, approximately 54 million metric tons of electronic waste was generated worldwide. E-waste contains 75% of environmentally hazardous waste found in landfills and less than 20% is recycled each year. Rising focus on more efficient management of E-waste and information technology asset disposition is expected to support market growth going ahead. The Global e-Waste and Information Technology Asset Disposition Market report by Reports and Data is an all-encompassing study of the global e-Waste and Information Technology Asset Disposition market. Emergen Res...

Data Center Backup and Recovery Solutions Market Size, Company Revenue Share, Key Drivers, and Trend Analysis, 2021–2028

 The global Data Center Backup and Recovery Solutions market size is expected to reach USD 18.87 Billion at a revenue CAGR of 11.2% in 2028, according to latest analysis by Emergen Research. Steady market revenue growth of Data Center Backup and Recovery Solutions can be attributed to high increase in data volume and growing use of data by enterprises to make informed decision to achieve business goals. A primary advantage of data center backup and recovery solutions is increased reliability and uninterrupted flow of business operations. Data center backup and recovery solutions allows data centers to recover data or maintain continuation of essential IT infrastructure due to various reasons, including hardware impairment, viruses, power failure, or natural disasters. Additionally, increasing digital transformation across various enterprises, especially in small and medium-sized enterprises and growing adoption of cloud-based services are fueling demand for data center backup and r...

Pet Camera Market Size, Company Revenue Share, Key Drivers, and Trend Analysis, 2021–2028

 The global pet camera market size is expected to reach USD 525.8 Million in 2028, and register a revenue CAGR of 23.4% during the forecast period. Steady global pet camera market revenue growth can be attributed to increasing number of individuals opting to adopt pets and companion animals, increasing humanization of pets, and rising need among pet owners to monitor and communicate with their pets when away from home. Pet ownership has been witnessing a rapid surge in the US, with dogs being the most preferred pet animals followed by cats. Also, inclination for other exotic or specialty pets, including, ferrets, hamsters, rabbits, turtles, poultry, snakes, and livestock has been rising. Furthermore, demand for pet cameras is increasing due to rising inclination among a growing number of millennials to adopt shelter cats and dogs, as well as other rescued animals or abandoned animals. Rising disposable income, major influence of social media sites and platforms, and increasing numb...

Hyperscale Computing Market Size, Company Revenue Share, Key Drivers, and Trend Analysis, 2021–2028

 The global hyperscale computing market size reached USD 149.07 Billion in 2020 and is expected to register a revenue CAGR of 27.4%, during the forecast period, according to latest analysis by Emergen Research. Increasing penetration of internet of things (IoT) devices and rising adoption of bid data technology are some key factors driving global hyperscale computing market revenue growth. Increasing demand for data management, need for storage, and rapid retrieval due to ongoing IoT trend across various industries, verticals, and sectors are driving urgent need for and deployment of hyperscale computing. In recent years, majority of organizations have begun moving towards adoption of hyperscale IoT connectivity solutions where security, compliance, and cloud optimization operate under standard features, and this is expected to support growth of global hyperscale computing market going ahead. In addition, with ever-increasing demand for cloud computing solutions, the need for devel...