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Household debt has been rising in Canada since the recession in 2008. Today, it is next to Australia, the second most among the selected countries. Therefore, only 30% of Canadians live debt-free lives, while 70% of the population suffers from debt-related consequences.
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The global cloud storage market size reached USD 70.35 Billion in 2021 and is expected to register a revenue CAGR of 24.3% during the forecast period, according to latest analysis by Emergen Research. Rising demand for quick access to data for remote workforce efficiency and rapid adoption of digitalization are key factors driving market revenue growth.
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The global cash flow market size is expected to reach USD 2,144.4.0 Million in 2028 and register a CAGR of 24.9% during the forecast period, according to latest analysis by Emergen Research. This steady projected market revenue growth can be attributed to increasing adoption of technologies such as Machine Learning (ML), Artificial Intelligence (AI), Business Intelligence (BI), and data analytics, rapid growth of e-commerce sectors, and rising adoption of cloud- based finance solutions to improve planning and budgeting cycles.
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40% of Canadians believe that financial stress causes various problems in their lives. 48% of Canadians suffer from sleep loss due to financial stress. 36% of Canadians experience mental health issues due to financial concerns. 16% of Canadians have relationship concerns, thanks to money-related problems.
Market Size – USD 42.8 Million in 2021, Market Growth – at a CAGR of 11.4%, Market Trends – Increasing demand for ashwagandha in functional food and beverages & pharmaceutical industries