Market Insights IARC

The global Smart Hospitality market size is forecast to   reach $27.4 billion   by 2027,   growing at a CAGR of 24.9%   from 2022 to 2027. The market growth is mainly driven by factors including growing demand for enhanced smart IoT based solutions across the hospitality sector, increasing demand for automation and increasing investment on luxurious hotel projects. These types of tools help the hotels in improving the level of customer services and enhances customer satisfaction level by analyzing the real-time experiences of the guest. Furthermore, various hotels are opting for integrated security system including emergency incident management system, access control system and video surveillance system; for enhancing their security system, thereby improving the overall level of hotel management system. This in turn drives the growth of smart hospitality market. Moreover, the increasing inclination towards the digital platforms created a positive impact on the ...

Data Backup and Recovery Market size is analyzed   to grow at a CAGR of 10.2%   during the forecast 2022-2027   to reach $14.95 billion   by 2027. Data backup and recovery is the process of backing up data in case of loss and establishing secure systems that allow to recover data as a result. Data backup is copying and preserving computer data in order to keep it available in the event of data corruption or deletion. Data backup is one type of disaster recovery, and it is an essential component of any sensible disaster recovery plan. Data backup is a feeble against ransomware protection.  The   cloud backup   method copies data and then saves it on various media or a separate storage system for quick access in the event of a recovery crisis. Organizations should strive to make backup management as simple as possible in order to ensure that recovery is a reliable process. A database management system (DBMS) is a software that allows users to convenient...