AI Reshaping Multiple Industries: From Renewable Energy to Wealth Management

Renewable Energy Investment Market to Grow by USD 181.9 Billion from 2024-2028, Driven by Supportive Policies, Report on How AI is Redefining Market Landscape - Technavio

Enter your email to get Benzinga's ultimate morning update: The PreMarket Activity Newsletter NEW YORK, Feb. 14, 2025 /PRNewswire/ -- Report with market evolution powered by AI - The global renewable energy investment market size is estimated to grow by USD 181.9 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 8.11% during the forecast period. Supportive government policies is driving market growth, with a trend towards increased spending on utility-scale renewable energy projects. However, competition from fossil fuels poses a challenge. Key market players include AZORA CAPITAL SL, Bank of America Corp., Berkeley Partners LLP, BlackRock Inc., BNP Paribas SA, Capital Dynamics Holding AG, Centerbridge Partners LP, CHN ENERGY Investment Group Co. Ltd., Citigroup Inc., Deloitte Touche Tohmatsu Ltd., EKF, ESFC Investment Group, General Electric Co., KfW Bankengruppe, Macquarie Group Ltd., Mitsubishi UFJ Financial Group Inc., Nebras Power, Positive Energy Ltd., State Power Investment Corp., TerraForm Power Operating LLC, and The Goldman Sachs Group Inc.. AI-Powered Market Evolution Insights. Our comprehensive market report ready with the latest trends, growth opportunities, and strategic analysis- View Free Sample Report PDF Forecast period 2024-2028 Base Year 2023 Historic Data 2018 - 2022 Segment Covered Type (Asset finance and Small distributed capacity) and Geography (APAC, North America, Europe, South America, and Middle East and Africa) Region Covered APAC, North America, Europe, South America, and Middle East and Africa Key companies profiled AZORA CAPITAL SL, Bank of America Corp., Berkeley Partners LLP, BlackRock Inc., BNP Paribas SA, Capital Dynamics Holding AG, Centerbridge Partners LP, CHN ENERGY Investment Group Co. Ltd., Citigroup Inc., Deloitte Touche Tohmatsu Ltd., EKF, ESFC Investment Group, General Electric Co., KfW Bankengruppe, Macquarie Group Ltd., Mitsubishi UFJ Financial Group Inc., Nebras Power, Positive Energy Ltd., State Power Investment Corp., TerraForm Power Operating LLC, and The Goldman Sachs Group Inc. Key Market Trends Fueling Growth The renewable energy investment market is experiencing significant growth due to the energy crisis and increasing affordability concerns. The EU is leading the way in deployment with solar technology and wind technology seeing record capacity additions. Biofuels are also in demand due to energy security concerns and decarbonization efforts. Policy developments, such as renewable portfolio standards and clean energy laws, are driving investment in utility-scale solar and wind projects. However, challenges like labor costs, capital costs, interconnection and permitting delays, transmission limitations, and regulatory hurdles persist. Renewable energy sources, including hydrogen, are becoming more competitive as fossil fuel alternatives. Rising interest rates and electricity prices are impacting project economics, but federal investments and infrastructure spending offer opportunities for growth. Offshore wind is experiencing a rebound, but delayed projects and onshore wind growth remain strong. Workforce reskilling and regulatory boosts are essential for continued progress. Generative artificial intelligence is playing a role in optimizing renewable energy systems and reducing greenhouse gas emissions. The tax-credit transfer market and grid resilience are also key areas of focus. Overall, the market is facing numerous challenges and opportunities as it transitions to a clean energy future. Utility-scale renewable energy projects, those with a capacity exceeding 10 MW, are significant investments in the energy sector. These projects benefit from favorable state and local policies and initiatives worldwide. These measures aim to facilitate the implementation of renewable energy projects by addressing potential obstacles. Utility-scale renewable energy projects are customized undertakings, with effective states linking their renewable portfolio standards to financial incentives like tax breaks and clean energy incentives. However, determining the most cost-effective and efficient electricity supply source between renewable energy options and traditional electricity generation can be challenging for stakeholders, regulatory bodies, and investors alike. Insights on how AI is driving innovation, efficiency, and market growth- Request Sample! Market Challenges The renewable energy investment market is facing several challenges in 2023. The energy crisis caused by fossil fuel price volatility and supply disruptions is pushing businesses and governments to invest in renewable energy for energy affordability and security. EU deployment of renewable energy is on the rise, with solar technology and wind technology leading the way. However, challenges persist in the form of biofuel demand outpacing supply, policy developments, and labor and capital costs. Wind technology faces challenges such as interconnection and permitting delays, transmission limitations, and rising interest rates. Renewable portfolio standards, clean energy laws, and carbon reduction targets are driving capacity additions in electricity generation. Generative artificial intelligence and tax-credit transfer markets are providing regulatory boosts and policy support. Hydrogen deployment and workforce reskilling are also key areas of focus. Despite these challenges, renewable energy remains a competitive fossil fuel alternative, with utility-scale solar, wind, and distributed systems driving growth in residential, commercial, and industrial sectors. However, delayed projects and offshore wind growth are causing capacity rebound and electricity price concerns. Infrastructure investments and federal support are essential to address these challenges and ensure a smooth transition to a decarbonized energy system.Renewable energy has seen consistent growth in the global electricity market, yet fossil fuels remain preferred in some countries due to their abundant availability and lower production costs. Establishing renewable energy facilities comes with a significant initial investment, and the power output from sources like solar and wind is intermittent, leading to variable electricity volumes. Solar Photovoltaic (PV) installations, for instance, require substantial capital expenditure despite a decline in material costs. The need to install solar PV panels over expansive areas to generate substantial electricity volumes further increases investment and costs. Insights into how AI is reshaping industries and driving growth- Download a Sample Report Segment Overview This renewable energy investment market report extensively covers market segmentation by TypeAsset FinanceSmall Distributed CapacityGeographyAPACNorth AmericaEuropeSouth AmericaMiddle East And Africa 1.1 Asset finance- Renewable energy investment market witnesses significant contributions from financial service vendors, such as the Clean Energy Finance Corporation, which provides investments for small-scale clean energy projects in Australia. This assists businesses, manufacturers, commercial property owners, and farmers in implementing clean energy solutions for a sustainable future. Solar thermal projects, including concentrated solar power and solar heating systems, have seen a decline in investments, currently holding a 3% share. Offshore wind projects, accounting for 7% of investments, have surpassed solar thermal in terms of market share since 2014. Hydropower projects account for 4% of investments. Over the past decade, India's energy policy has focused on market entry and cost reduction of renewable energy technologies. Asset financing, the largest segment, involves off-balance-sheet capital from power utility companies and a mix of equity and debt from infrastructure investors and banks. The International Energy Agency the need for governments worldwide to accelerate their transition to sustainable energy to mitigate climate change risks and ensure access to clean and affordable energy for all. These factors are expected to fuel the growth of the asset finance segment in the global renewable energy investment market. Download complimentary Sample Report to gain insights into AI's impact on market dynamics, emerging trends, and future opportunities- including forecast (2024-2028) and historic data (2018 - 2022) Research Analysis The renewable energy investment market is experiencing significant growth as the world grapples with an energy crisis and the need to transition to cleaner sources. The EU has been at the forefront of deployment, with affordability and energy security driving the shift towards renewables. Solar technology and wind technology continue to lead the charge, with biofuels also playing a role in the energy mix. The IEA assesses that renewables will account for 95% of new electricity capacity additions by 2025. Policy developments, including the Paris Agreement, UN Climate Change, and the Energy Transitions Stocktake, are driving clean energy laws and renewable portfolio standards. Utility-scale solar, offshore wind, and electricity generation from renewables are all seeing capacity additions, contributing to decarbonization efforts. Federal investments and infrastructure investments are crucial for the expansion of renewable energy, with tax-credit transfer markets providing additional incentives. Generative artificial intelligence is also playing a role in optimizing renewable energy production, and grid resilience is a key consideration as the share of renewables in the energy mix increases. Greenhouse gas emissions are reducing as a result, helping to meet carbon reduction targets. Biofuel demand is also increasing as the transportation sector seeks to decarbonize. Market Research Overview The renewable energy investment market is experiencing significant growth as the world grapples with an energy crisis and the need to transition away from fossil fuels. The EU is leading the way in deployment, with a focus on energy affordability and security. Solar technology and wind technology are at the forefront of this transition, with biofuels also playing a role. Policy developments, including renewable portfolio standards and clean energy laws, are driving capacity additions in utility-scale solar, wind, and hydrogen deployment. However, challenges such as labor costs, capital costs, interconnection and permitting delays, transmission limitations, and regulatory hurdles continue to impact project inputs. The demand for biofuels is also increasing, driven by carbon reduction targets and the need for fossil fuel alternatives. Decarbonization efforts are receiving federal investments and infrastructure boosts, with offshore wind and utility-scale systems seeing significant growth. The rebound in renewable energy is expected to continue, despite delayed projects and rising interest rates. Generative artificial intelligence is playing a role in optimizing energy production and grid resilience, while regulatory support and workforce reskilling are essential for competitiveness. The tax-credit transfer market is also providing policy support for renewable energy projects. Overall, the renewable energy market is facing numerous challenges and opportunities as it strives to meet electricity generation demands and reduce greenhouse gas emissions. Table of Contents: 1 Executive Summary 2 Market Landscape 3 Market Sizing 4 Historic Market Size 5 Five Forces Analysis 6 Market Segmentation TypeAsset FinanceSmall Distributed CapacityGeographyAPACNorth AmericaEuropeSouth AmericaMiddle East And Africa 7 Customer Landscape 8 Geographic Landscape 9 Drivers, Challenges, and Trends 10 Company Landscape 11 Company Analysis 12 Appendix About Technavio Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. Contacts Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: media@technavio.com Website: www.technavio.com/ View original content to download multimedia:https://www.prnewswire.com/news-releases/renewable-energy-investment-market-to-grow-by-usd-181-9-billion-from-2024-2028--driven-by-supportive-policies-report-on-how-ai-is-redefining-market-landscape---technavio-302375674.html SOURCE Technavio Market News and Data brought to you by Benzinga APIs

Carbon Accounting Software Market to Grow by USD 33.08 Billion from 2025-2029, Driven by Carbon Emission Policies, Report on AI's Impact on Market Trends - Technavio

Enter your email to get Benzinga's ultimate morning update: The PreMarket Activity Newsletter NEW YORK, Feb. 14, 2025 /PRNewswire/ -- Report on how AI is redefining market landscape - The global carbon accounting software market size is estimated to grow by USD 33.08 billion from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of 38.5% during the forecast period. Increasing adoption of policies on carbon emissions is driving market growth, with a trend towards increasing demand for software as a service (saas)-based carbon accounting software. However, difficulty in capturing energy usage data poses a challenge. Key market players include 3E Net Zero Group Pty Ltd., Benchmark Digital Partners LLC, BraveGen, Brightest Inc., Carbon Analytics Ltd., ENGIE SA, ESG Enterprise, GreenStep Solutions Inc., Intelex Technologies ULC, Lisam Systems SA, Locus Technologies, Net0, Persefoni AI Inc., ProcessMAP Corp., Sage Group Plc, SAP SE, SIERRA ODC Pvt. Ltd., Simble Solutions Ltd., Sphera Solutions Inc., and Wolters Kluwer NV. AI-Powered Market Evolution Insights. Our comprehensive market report ready with the latest trends, growth opportunities, and strategic analysis- View Free Sample Report PDF Forecast period 2025-2029 Base Year 2024 Historic Data 2019 - 2023 Segment Covered End-user (Telecommunication, Oil and gas, Technology, Power and utilities, and Others), Deployment (Cloud-based and On-premises), and Geography (North America, Europe, APAC, Middle East and Africa, and South America) Region Covered North America, Europe, APAC, Middle East and Africa, and South America Key companies profiled 3E Net Zero Group Pty Ltd., Benchmark Digital Partners LLC, BraveGen, Brightest Inc., Carbon Analytics Ltd., ENGIE SA, ESG Enterprise, GreenStep Solutions Inc., Intelex Technologies ULC, Lisam Systems SA, Locus Technologies, Net0, Persefoni AI Inc., ProcessMAP Corp., Sage Group Plc, SAP SE, SIERRA ODC Pvt. Ltd., Simble Solutions Ltd., Sphera Solutions Inc., and Wolters Kluwer NV Key Market Trends Fueling Growth The Carbon Accounting Software Market is witnessing significant trends as enterprises focus on managing their carbon releases and achieving net-zero emissions. Emissions auditing is a key driver, with investors and potential investors seeking sustainability proficiency from companies. Innovating solutions like Digital Twin technology and AI are transforming commercial operations, allowing for predictive analysis of energy usage in buildings, services, and city planning. McKinsey and Catalyst Zero are leading the decarbonization solution, helping businesses design and construct operations with lower carbon footprints. Driving factors include increasing product demand, COP27, and the need to move away from fossil fuel consumption. Carbon accounting software is becoming essential for companies to stay competitive and meet net-zero targets. On-premise and cloud-based solutions are available, offering high-tech knowledge and expertise to help enterprises make the transition. Digital alternatives to paperless progress, such as online banking and mobile payment apps, are also playing a role in reducing carbon footprints. Fossil fuel companies are also investing in renewable energy sources like wind power and Algae biofuels to meet their net-zero targets. However, it's important to avoid greenwashing practices and ensure transparency in carbon reporting. Carbon accounting software, delivered as a Service-as-a-Solution (SaaS), offers businesses flexibility in scaling their usage according to their specific needs. This feature is advantageous for organizations of all sizes, including Small and Medium Enterprises (SMEs) and large corporations. SaaS solutions enable remote access through the cloud, allowing teams and stakeholders to collaborate on carbon accounting and sustainability reporting from any location with an internet connection. Additionally, SaaS models generally involve lower upfront costs compared to traditional on-premises software, making it a cost-effective choice for budget-conscious organizations or those seeking to minimize initial investments. Insights on how AI is driving innovation, efficiency, and market growth- Request Sample! Market Challenges Carbon accounting software is essential for enterprises seeking to manage and reduce their carbon releases as they strive for net-zero emissions. However, challenges persist. Emissions auditing can be complex, requiring sustainability proficiency and high-tech knowledge. Financial opportunities exist for innovating decarbonization solutions, attracting investors and potential investors. McKinsey and Catalyst Zero are driving this transformation, offering digital twin technology to predict and design carbon footprint reduction in commercial operations. City planners, building owners, and service providers can benefit from AI-powered carbon accounting software. Driving factors include product demand, COP27, and the need to address greenwashing practices. Companies like ExxonMobil are deploying on-premise and cloud-based solutions, joining the digital revolution in areas like wind power and fossil fuel consumption. Digital twins, AI, and paperless progress are key to the future of carbon accounting software.In the business world, accurately measuring and reporting carbon emissions is essential for environmental sustainability. However, many organizations, excluding carbon-intensive industries, seldom track their energy usage in detail. Energy consumption data for vehicles and fleets is often overlooked in accounting systems. The calculation of carbon emissions requires obtaining utility bills for numerous buildings and contacting various plant managers to determine the usage of fuels like propane and natural gas. Efficient carbon accounting necessitates meticulous data collection and organization. Insights into how AI is reshaping industries and driving growth- Download a Sample Report Segment Overview This carbon accounting software market report extensively covers market segmentation by End-userTelecommunicationOil And GasTechnologyPower And UtilitiesOthersDeploymentCloud-basedOn-premisesGeographyNorth AmericaEuropeAPACMiddle East And AfricaSouth America 1.1 Telecommunication- Carbon accounting software is essential for telecommunications companies to manage and analyze their energy consumption and associated carbon emissions. This includes electricity usage in data centers, network infrastructure, and office facilities. Telecommunication networks, including data centers and cell towers, contribute significantly to carbon emissions. Carbon accounting software enables organizations to quantify these emissions, identify energy efficiency opportunities, and track the integration of renewable energy sources. In the telecom sector, components such as antennas, feeders, cables, and transmission equipment contribute to carbon emissions. Passive components like telecom towers, sites, and others also add to the carbon footprint. Regulations, like the one in India by the Telecom Regulatory Authority of India (TRAI), mandating carbon emissions disclosure, have driven the need for carbon accounting software. Companies use this software to support eco-design initiatives, develop energy-efficient products, and reduce operational costs. These factors are expected to fuel the growth of the telecommunication segment in the global carbon accounting software market. Download complimentary Sample Report to gain insights into AI's impact on market dynamics, emerging trends, and future opportunities- including forecast (2025-2029) and historic data (2019 - 2023) Research Analysis The Carbon Accounting Software market is witnessing significant growth as enterprises increasingly focus on measuring, managing, and reducing their carbon releases to achieve net-zero emissions and seize financial opportunities in the decarbonization solution space. This software enables auditing of carbon footprints, predicting emissions from commercial operations, designing and constructing buildings with digital twin technology, and managing traffic flow and room temperatures in real-time. City planners and building owners are leveraging this high-tech knowledge to innovate solutions for sustainability proficiency and transformation expertise. Potential investors and financial institutions are also showing keen interest in this market, recognizing the importance of carbon accounting in the decarbonization process. McKinsey and Catalyst Zero are among the many organizations providing carbon accounting services, helping enterprises navigate the complexities of carbon management. Market Research Overview The Carbon Accounting Software market is experiencing significant growth as enterprises prioritize decarbonization solutions for managing and reducing their carbon releases. This market offers financial opportunities for investors and potential investors, as the demand for sustainability proficiency and high-tech knowledge increases. Innovating solutions in this space include digital twin technology, AI, and predictive analytics, which can help manage carbon footprints in commercial operations, buildings, and services. Driving factors include the net-zero emissions target, COP27, and the need to address greenwashing practices. McKinsey and Catalyst Zero are among those leading the transformation expertise in this field. Carbon accounting software can help manage emissions from physical objects like buildings, traffic flow, room temperatures, wind power, and fossil fuel consumption. Companies like ExxonMobil are also deploying carbon accounting software for on-premise and cloud-based solutions. Digital alternatives, such as online banking and mobile payment apps, are also contributing to the paperless progress in this market. Algae biofuels and other renewable energy sources are also being integrated into carbon accounting software to help enterprises achieve their net-zero targets. Table of Contents: 1 Executive Summary 2 Market Landscape 3 Market Sizing 4 Historic Market Size 5 Five Forces Analysis 6 Market Segmentation End-userTelecommunicationOil And GasTechnologyPower And UtilitiesOthersDeploymentCloud-basedOn-premisesGeographyNorth AmericaEuropeAPACMiddle East And AfricaSouth America 7 Customer Landscape 8 Geographic Landscape 9 Drivers, Challenges, and Trends 10 Company Landscape 11 Company Analysis 12 Appendix About Technavio Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. Contacts Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: media@technavio.com Website: www.technavio.com/ View original content to download multimedia:https://www.prnewswire.com/news-releases/carbon-accounting-software-market-to-grow-by-usd-33-08-billion-from-2025-2029--driven-by-carbon-emission-policies-report-on-ais-impact-on-market-trends---technavio-302376176.html SOURCE Technavio Market News and Data brought to you by Benzinga APIs

Mobile Application Market to Grow by USD 2.63 Trillion from 2025-2029, Driven by Smartphone Penetration, Report on How AI is Driving Market Transformation - Technavio

Enter your email to get Benzinga's ultimate morning update: The PreMarket Activity Newsletter NEW YORK, Feb. 14, 2025 /PRNewswire/ -- Report with the AI impact on market trends - The global mobile application market size is estimated to grow by USD 2.63 trillion from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of 31.1% during the forecast period. Growing penetration of smartphones is driving market growth, with a trend towards increasing number of mobile apps for iot device. However, cost associated with mobile app development and operation poses a challenge. Key market players include Amazon.com Inc., ANI Technologies Pvt. Ltd., ASICS Corp., Canva Pty Ltd., Electronic Arts Inc., Google LLC, Grab Holdings Ltd., Meta Platforms Inc., Microsoft Corp., Mozilla Corp., Netflix Inc., Niantic Inc., One97 Communications Ltd., Spotify Technology SA, The Gap Inc., Uber Technologies Inc., Ubisoft Entertainment SA, Walmart Inc., Xiaomi Inc., and Zomato Ltd.. AI-Powered Market Evolution Insights. Our comprehensive market report ready with the latest trends, growth opportunities, and strategic analysis- View Free Sample Report PDF Forecast period 2025-2029 Base Year 2024 Historic Data 2019 - 2023 Segment Covered Platform (Android market, iOS market, and Others), Type (Gaming, Music and entertainment, Health and fitness, Social networking, and Others), and Geography (APAC, North America, Europe, South America, and Middle East and Africa) Region Covered APAC, North America, Europe, South America, and Middle East and Africa Key companies profiled Amazon.com Inc., ANI Technologies Pvt. Ltd., ASICS Corp., Canva Pty Ltd., Electronic Arts Inc., Google LLC, Grab Holdings Ltd., Meta Platforms Inc., Microsoft Corp., Mozilla Corp., Netflix Inc., Niantic Inc., One97 Communications Ltd., Spotify Technology SA, The Gap Inc., Uber Technologies Inc., Ubisoft Entertainment SA, Walmart Inc., Xiaomi Inc., and Zomato Ltd. Key Market Trends Fueling Growth The mobile application industry is booming with the increasing popularity of smartphones and high-speed internet usage. Artificial intelligence (AI) and machine learning (ML) are trending technologies, with companies like Ubisoft Entertainment integrating them into mobile games for enhanced user experience. Revenue models include in-game purchases, paid game applications, and in-app advertisements. Security is a concern, with businesses and consumers requiring advanced solutions to protect data collection practices. Emerging areas like AR and VR, online shopping, food ordering, and digital payments are driving strong download rates. Android smartphone sales dominate the market, but iOS and Windows also have significant user bases. PC software faces competition due to mobile devices' simplicity of usage and expanding client base. Advanced technologies like ML and cloud computing offer benefits to both businesses and consumers. However, emerging threats require cost-effective security solutions to ensure a seamless user experience. Flexibility and scalability are crucial for meeting consumer requirements and expanding into new markets, including developing areas and emerging economies. Creative mobile applications, from games to calculators, are driving efficiency and productivity. Wearable devices like smartwatches, fitness trackers, and tablets offer functionality beyond traditional infrastructure, with GPS, accelerometers, and heart rate monitors enhancing the user experience. The future of the mobile application industry lies in integration with smart items and wearable technology. The Internet of Things (IoT) refers to the connection of physical devices, objects, and machines through software and sensors over a network. The market for IoT devices is expanding rapidly due to their convenience, user-friendliness, and mobility features. This growth is fueled by the integration of IoT devices with smartphones via mobile applications. In 2023, approximately 1.14 billion smartphones were shipped, a slight decrease of 4% compared to the previous year. The increasing number of smartphones presents an opportunity for integration with various IoT devices, such as smartwatches and eyeglasses, through mobile apps. Insights on how AI is driving innovation, efficiency, and market growth- Request Sample! Market Challenges The mobile application industry is booming, with smartphones and high-speed internet usage driving growth. Artificial intelligence (AI) and machine learning (ML) are transforming apps, from gaming technology with AR and VR, to e-commerce and online shopping. Revenue models include in-game purchases, paid apps, and in-app advertisements. However, businesses face challenges like mobile application security and data collection practices. Ubisoft Entertainment and others leverage AI for advanced technologies like cloud computing, offering benefits for both businesses and consumers. Emerging threats require cost-effective security solutions. The popularity of mobile devices for simplicity of usage and expanding client bases in developing areas is driving digitization investments. E-commerce, enterprise applications, health & fitness, and gaming apps dominate strong download rates. High-speed connectivity and cost-effective data plans open new markets and user bases in emerging economies. Traditional infrastructure faces disruption from creative mobile applications and wearable technology like smartwatches, tablets, and fitness trackers. Businesses' reluctance to digitize slows progress in underdeveloped areas. However, the benefits of efficiency, productivity, and a seamless user experience are compelling. GPS, accelerometers, and heart rate monitors are just the beginning of what's possible with advanced mobile technologies.Mobile applications are essential tools designed to simplify user activities through technological support. While the development cost of mobile apps is relatively low, post-development support activities are increasingly in demand. These activities include administrative, maintenance, and infrastructure services, which are crucial for app deployment and operational lifecycle. Functional services, such as analytics and push notifications, are also necessary for mobile apps to function effectively. Collectively, these support services incur higher costs than the development process itself. Insights into how AI is reshaping industries and driving growth- Download a Sample Report Segment Overview This mobile application market report extensively covers market segmentation by PlatformAndroid MarketIOS MarketOthersTypeGamingMusic And EntertainmentHealth And FitnessSocial NetworkingOthersGeographyAPACNorth AmericaEuropeSouth AmericaMiddle East And Africa 1.1 Android market- The Android operating system is a prominent platform for mobile application release in the global market, with the Google Play Store hosting approximately 3.95 million apps as of 2023. The popularity of Android OS is due to the widespread use of Android smartphones worldwide, making it an attractive choice for developers. Notable apps like Google Drive and Tinder are top earners on the Google Play Store. However, Android apps face challenges such as lower monetization rates and longer development times due to fragmentation. Despite this, the launch of new Android OS features, such as AI capabilities and improved navigation, is expected to boost user adoption and fuel market growth. However, iOS apps currently have a larger consumer spending base due to their higher monetization rates. Major acquisitions in the tech industry, such as Microsoft's purchase of Activision Blizzard for USD68.7 billion, demonstrate the significant value of mobile applications and the competitive landscape. In 2023, Android made strides in improving customer service, leading to the launch of innovative apps like Lensa, Photo editor Pro, and Glitch Lab. This positive momentum indicates that the Android apps segment in the mobile application market will experience favorable growth in the forecast period. Download complimentary Sample Report to gain insights into AI's impact on market dynamics, emerging trends, and future opportunities- including forecast (2025-2029) and historic data (2019 - 2023) Research Analysis The mobile application industry has seen explosive growth with the widespread use of smartphones and increasing internet penetration. Artificial intelligence and machine learning are transforming mobile apps, enabling personalized user experiences. The Google Play Store and App Store are the leading marketplaces for downloading apps, offering a vast selection of gaming technology, social media, productivity tools, and more. Gaming apps, including AR and VR experiences, dominate the market, generating significant revenue through in-game purchases and in-app advertisements. Other popular categories include online shopping, food ordering, digital payments, and premium apps. Demographic factors play a crucial role in app usage, with different age groups and regions favoring specific types of apps. Operating systems (OS) also influence the mobile application landscape, with Android and iOS being the most common. Security concerns and data collection practices are essential issues in the mobile app industry, with privacy policies becoming increasingly important to users. Overall, the mobile application market continues to evolve, offering endless opportunities for innovation and growth. Market Research Overview The mobile application industry is experiencing exponential growth, fueled by the widespread use of smartphones and high-speed internet usage. Artificial intelligence (AI) and machine learning (ML) technologies are revolutionizing mobile apps, offering advanced functionalities and personalized experiences. Gaming technology, augmented reality (AR), and virtual reality (VR) are also driving innovation, with strong download rates for gaming apps. Revenue models include in-game purchases, paid game applications, and in-app advertisements. The industry benefits businesses and consumers alike, providing efficiency, productivity, and flexibility. However, emerging threats such as mobile application security and data collection practices require cost-effective security solutions. The popularity of mobile devices for online shopping, food ordering, digital payments, and other services continues to expand, with Android smartphone sales leading the market. The OS war between Android and iOS persists, with Windows and PC software offering limited functionality on mobile devices. The industry's expansion is not limited to developed areas; emerging economies and developing areas are also investing in digitization and mobile connectivity. Creative mobile applications for wearable devices, tablets, smartwatches, and fitness trackers offer seamless user experiences, with features like GPS, accelerometers, and heart rate monitors enhancing functionality. Table of Contents: 1 Executive Summary 2 Market Landscape 3 Market Sizing 4 Historic Market Size 5 Five Forces Analysis 6 Market Segmentation PlatformAndroid MarketIOS MarketOthersTypeGamingMusic And EntertainmentHealth And FitnessSocial NetworkingOthersGeographyAPACNorth AmericaEuropeSouth AmericaMiddle East And Africa 7 Customer Landscape 8 Geographic Landscape 9 Drivers, Challenges, and Trends 10 Company Landscape 11 Company Analysis 12 Appendix About Technavio Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. Contacts Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: media@technavio.com Website: www.technavio.com/ View original content to download multimedia:https://www.prnewswire.com/news-releases/mobile-application-market-to-grow-by-usd-2-63-trillion-from-2025-2029--driven-by-smartphone-penetration-report-on-how-ai-is-driving-market-transformation---technavio-302376211.html SOURCE Technavio Market News and Data brought to you by Benzinga APIs

Residential Construction Market in the US to Grow by USD 242.9 Million from 2025-2029, Driven by Rising Household Formation Rates, Report on How AI is Driving Market Transformation - Technavio

Enter your email to get Benzinga's ultimate morning update: The PreMarket Activity Newsletter NEW YORK, Feb. 14, 2025 /PRNewswire/ -- Report with the AI impact on market trends - The Residential construction market in US size is estimated to grow by USD 242.9 million from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of 4.5% during the forecast period. Increasing household formation rates is driving market growth, with a trend towards rising focus on sustainability in residential construction projects. However, skilled labor shortages for large-scale residential real estate projects poses a challenge. Key market players include Alliance Residential Co., ATCO Ltd, BEAZER HOMES USA INC., D. R. Hortons Inc., DRB Homes., Greystar Worldwide LLC, Hensel Phelps, HOCHTIEF AG, Hovnanian Enterprises, KAUFMAN and BROAD, Kiewit Corp., Lennar Corp., MI Homes Inc., Meritage Homes Corp., Mill Creek Residential, NVR Inc., and Pultegroup Inc.. Key insights into market evolution with AI-powered analysis. Explore trends, segmentation, and growth drivers- View Free Sample PDF Residential Construction Market In US Scope Report Coverage Details Base year 2024 Historic period 2019 - 2022 Forecast period 2025-2029 Growth momentum & CAGR Accelerate at a CAGR of 4.5% Market growth 2025-2029 USD 242.9 million Market structure Fragmented YoY growth 2022-2023 (%) 3.1 Regional analysis US Performing market contribution North America at 100% Key countries US and North America Key companies profiled Alliance Residential Co., ATCO Ltd, BEAZER HOMES USA INC., D. R. Hortons Inc., DRB Homes., Greystar Worldwide LLC, Hensel Phelps, HOCHTIEF AG, Hovnanian Enterprises, KAUFMAN and BROAD, Kiewit Corp., Lennar Corp., MI Homes Inc., Meritage Homes Corp., Mill Creek Residential, NVR Inc., and Pultegroup Inc. Market Driver The US residential construction market is currently experiencing an affordable housing trend, driven by the need for more affordable options for home buyers. The Federal Reserve's decision to keep the federal funds rate low has helped keep mortgage rates down, making it easier for buyers to secure loans. However, housing supply remains a challenge, with industry spending on home construction activity increasing in nominal terms but still not keeping up with demand. The economy, labor market, and inflation are key factors impacting the residential investment sector. The Federal Reserve's interest rate decisions, the possibility of a recession, and the construction sectors' spending patterns are all closely watched indicators. The cancellation rate for housing starts and building permits for single-family homes has been relatively low, indicating strong demand for new homes. Millennials, who make up a significant portion of home buyers, are driving the market, with many looking to purchase their first homes. Fair housing programs and HUD programs are essential to ensuring equal access to housing for all individuals. The ongoing epidemic and the shift to remote employment and migrant movements have also influenced the real estate market. The median price of single-family homes has seen double-digit growth in some areas, making it challenging for some buyers to afford homes. Mortgage rates, down payments, asset values, and borrowing rates are all important considerations for home buyers. Regulations, such as lending guidelines, mortgage insurance, credit score requirements, and debt service caps, also impact eligibility for mortgages. The vaccination rates and labor economy are crucial indicators for the housing market's future. The social catastrophe caused by the pandemic has highlighted the importance of intergenerational living circumstances and the need for affordable housing options for younger generations. The non-residential sector's performance also affects the residential sector, as it impacts employment and income levels. The Canadian real estate market, with its close ties to the US market, is also worth monitoring, with Canadian home buyers looking at mortgage rates and the Bank of Canada's borrowing rates. Bond yields and lending guidelines are also essential indicators for the housing market. The residential construction market in the US is witnessing a significant shift towards sustainability. Homeowners are increasingly demanding energy-efficient and eco-friendly homes, leading to the adoption of green building practices and technologies. Solar panels, energy-efficient insulation, and sustainable materials are becoming popular choices. Government initiatives, including tax credits and rebates, are also encouraging the use of green technologies and practices. This trend is expected to continue, as consumers become more conscious of the environmental impact of traditional construction methods. The residential construction industry is responding by offering more sustainable solutions to meet the growing demand. Request Sample of our comprehensive report now to stay ahead in the AI-driven market evolution! Market Challenges The residential construction market in the US is currently facing several challenges. The affordable housing trend puts pressure on builders to construct more homes at lower prices. The Federal Reserve's federal funds rate and mortgage rates impact borrowing costs for home buyers. Housing supply struggles to keep up with demand due to the economy and residential investment. The labor market, inflation, and recession also affect construction sectors' spending in nominal terms. Construction spending saw double-digit growth but was hindered by cancelation rates and a decrease in housing starts and building permits for single-family homes. Home buyers face challenges with fair housing programs and HUD programs due to the epidemic, millennials' savings, and previous generations' asset values. Remote employment and migrant movements contribute to changing living circumstances for younger generations. The real estate market experiences a purchasing frenzy, driving up median home prices. Canadian home buyers and mortgage rates influence the industry, with the Bank of Canada setting borrowing rates and lending guidelines. Mortgage insurance, credit score requirements, and debt service caps impact eligibility, while mortgage stress tests ensure affordability. Fixed-mortgage rates and bond yields play a role in borrowing and home construction activity. Vaccination rates and the labor economy's recovery are crucial for a social catastrophe recovery. The non-residential sector's spending also affects the residential sector. Individuals living together in homes in Mexico and national statistics office data provide context for the global housing market. Single-family home sales and median prices continue to be closely monitored.The US residential construction market confronts a pressing issue: a labor shortage of skilled workers. This predicament significantly impacts large-scale residential real estate projects, causing delays, elevated costs, and compromised quality. The labor shortage stems from multiple sources, including an aging workforce, inadequate training programs, and the ongoing impact of the COVID-19 pandemic, which intensified workforce departures. In 2023, the construction sector required approximately 723,000 new workers yearly to fulfill market requirements. However, the labor pool has not grown commensurately, resulting in project setbacks and heightened labor expenses. Discover how AI is revolutionizing market trends- Get your access now! Segment Overview This residential construction market in US report extensively covers market segmentation by ProductApartments And CondominiumsVillasOther TypesTypeNew ConstructionRenovationApplicationSingle FamilyMulti-familyGeographyNorth America 1.1 Apartments and condominiums- The residential construction market in the US is experiencing significant growth in the apartment and condominium segment. These multi-unit structures share similarities, but differ in ownership structure. Apartments are typically owned by a single entity, often a property management company, while condominiums consist of individually owned units within a larger complex. Both types of developments cater to changing preferences and lifestyle choices in the US, particularly the increasing trend towards urbanization. Notable drivers for growth include the convenience and amenities associated with urban living, leading to the construction of modern, sustainable, and community-oriented high-rise buildings. In tech-driven cities like San Francisco and Seattle, developers are constructing condominiums with smart home features, communal workspaces, and recreational facilities to cater to young professionals. Successful projects, such as the Hudson Yards development in New York City, encompass both residential and commercial spaces and reflect the evolving expectations of urban dwellers. These factors will fuel the growth of the residential construction market in the US during the forecast period. Download a Sample of our comprehensive report today to discover how AI-driven innovations are reshaping competitive dynamics Research Analysis The Residential Construction Market in the US is experiencing a significant trend towards Affordable Housing, with a focus on providing housing solutions for low-income families. The Federal Funds Rate and Mortgage Rates have a direct impact on the market, with higher rates making it more expensive for home buyers to secure financing. The economy, Residential Investment, and Labor Market are also crucial factors, with a strong economy leading to increased demand for new homes. Housing Supply remains a challenge, as the construction sector struggles to keep up with demand, leading to concerns about Double-digit growth in Housing Starts and Building Permits. The Federal Reserve's Interest Rates and the potential for a Recession also loom large, as they can impact both the supply and demand sides of the market. The Cancelation Rate for new home sales is another area of concern, as it can indicate buyer uncertainty or market instability. The construction of Single-Family Homes and New Homes continues to be a focus, with Home Buyers looking for affordable and quality options. Federal programs such as Housing Choice Vouchers, Fair Housing programs, and HUD programs play a vital role in ensuring access to affordable housing for all. Market Research Overview The residential construction market in the US is currently experiencing a trend towards affordable housing, driven by increasing demand from millennials and individuals living together in response to changing economic circumstances. The Federal Reserve's federal funds rate and mortgage rates play a significant role in the market, with the former influencing borrowing rates and the latter impacting home affordability. The economy, housing supply, and labor market are also key factors. The economy's recovery from the epidemic and the Federal Reserve's monetary policy decisions will influence residential investment and construction spending. The labor market's health will impact construction activity, while inflation and interest rates can affect affordability and borrowing. The housing market has seen in demand, leading to double-digit growth in housing starts and building permits for single-family homes and new homes. Home buyers are facing challenges with fair housing programs and HUD programs, as well as high asset values and down payment requirements. The industry is also dealing with cancelation rates, borrowing rates, and home construction activity, which can be influenced by vaccination rates, the labor economy, and social catastrophes. The intergenerational group's living circumstances and purchasing frenzy have led to increased industry spending on home supplies and borrowing. The non-residential sector has also seen significant activity, with individuals and families seeking to work and live remotely, leading to migration movements and changes in the real estate market. The Canadian real estate market and mortgage rates are also impacting the US market, with inflation rates and borrowing guidelines affecting affordability. Table of Contents: 1 Executive Summary 2 Market Landscape 3 Market Sizing 4 Historic Market Size 5 Five Forces Analysis 6 Market Segmentation ProductApartments And CondominiumsVillasOther TypesTypeNew ConstructionRenovationApplicationSingle FamilyMulti-familyGeographyNorth America 7 Customer Landscape 8 Geographic Landscape 9 Drivers, Challenges, and Trends 10 Company Landscape 11 Company Analysis 12 Appendix About Technavio Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. Contacts Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: media@technavio.com Website: www.technavio.com/ View original content to download multimedia:https://www.prnewswire.com/news-releases/residential-construction-market-in-the-us-to-grow-by-usd-242-9-million-from-2025-2029--driven-by-rising-household-formation-rates-report-on-how-ai-is-driving-market-transformation---technavio-302376020.html SOURCE Technavio Market News and Data brought to you by Benzinga APIs

Wealth Management Market to Grow by USD 460.1 Billion from 2025-2029, Rising Global HNIs to Boost Revenue, Report on How AI is Redefining Market Landscape - Technavio

Enter your email to get Benzinga's ultimate morning update: The PreMarket Activity Newsletter NEW YORK, Feb. 14, 2025 /PRNewswire/ -- Report with market evolution powered by AI - The global wealth management market size is estimated to grow by USD 460.1 billion from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of almost 8.5% during the forecast period. Rising number of HNIs globally is driving market growth, with a trend towards technological advances in market in focus. However, pressure on pricing structure of wealth management companies poses a challenge. Key market players include Allianz SE, Bank of America Corp., BlackRock Inc., BNP Paribas SA, Citigroup Inc., FMR LLC, Fiserv Inc., HSBC Holdings Plc, JPMorgan Chase and Co., Julius Baer Group Ltd., Morgan Stanley, One Wam Ltd., Pictet Group Entities, PricewaterhouseCoopers LLP, State Street Corp., The Charles Schwab Corp., The Goldman Sachs Group Inc., The Vanguard Group Inc., UBS Group AG, and Wells Fargo and Co.. AI-Powered Market Evolution Insights. Our comprehensive market report ready with the latest trends, growth opportunities, and strategic analysis- View Free Sample Report PDF Forecast period 2025-2029 Base Year 2024 Historic Data 2019 - 2023 Segment Covered Business Segment (Human advisory, Hybrid advisory, and Robo advisory), End-user (Banks, Trading and exchange firms, Investment management firms, Brokerage firms, and Others), and Geography (North America, APAC, Europe, South America, and Middle East and Africa) Region Covered North America, APAC, Europe, South America, and Middle East and Africa Key companies profiled Allianz SE, Bank of America Corp., BlackRock Inc., BNP Paribas SA, Citigroup Inc., FMR LLC, Fiserv Inc., HSBC Holdings Plc, JPMorgan Chase and Co., Julius Baer Group Ltd., Morgan Stanley, One Wam Ltd., Pictet Group Entities, PricewaterhouseCoopers LLP, State Street Corp., The Charles Schwab Corp., The Goldman Sachs Group Inc., The Vanguard Group Inc., UBS Group AG, and Wells Fargo and Co. Key Market Trends Fueling Growth The Asia Pacific wealth management market is rapidly evolving, with vendors utilizing AI and machine learning for productivity gains, cost reduction, and new revenue streams. RPA streamlines back-office operations, while machine learning identifies cognitive biases. Data-driven AI tools enhance client experience, simplify KYC, and offer digitalized solutions amidst cyber risks and competition. Key trends include urbanization, cyber security, cross border trade, data protection, and transparent pricing. Wealth management covers investment management, financial assets, derivatives, investor education, data mining, client engagement, and digital channels. Insights on how AI is driving innovation, efficiency, and market growth- Request Sample! Market Challenges The wealth management market requires frequent infrastructure updates to align with global practices and offer new services to attract clients from emerging economies. High operating costs result from introducing tax reporting, digitalized offerings, and asset structuring. Clients are risk-averse and price-sensitive, accessing multiple sources of information. Wealth management involves investment advisory, financial counselling, retirement planning, and personalized strategies using human, robo, or hybrid advisory, digitalized business processes, and AI applications. Key players include banks, traditional wealth managers, asset management firms, insurance companies, pension funds, and sovereign wealth funds. Insights into how AI is reshaping industries and driving growth- Download a Sample Report Segment Overview This wealth management market report extensively covers market segmentation by Business SegmentHuman AdvisoryHybrid AdvisoryRobo AdvisoryEnd-userBanksTrading And Exchange FirmsInvestment Management FirmsBrokerage FirmsOthersGeographyNorth AmericaAPACEuropeSouth AmericaMiddle East And Africa 1.1 Human advisory- The Wealth Management Market is experiencing significant growth, driven by the increasing adoption of human advisory services by banks, traditional wealth managers, and various financial institutions. These services offer personalized recommendations and strategies based on an individual's financial goals, risk tolerance, and situation. Asset management and portfolio management are key segments, with investment advisory, funds, trusts, and insurance companies also playing crucial roles. The robo advisory segment and private investments are also gaining popularity. Big data solutions and AI applications are transforming the industry, with the Asia Pacific market, rapid urbanization, and cross border trade driving demand. Cyber security technology, transparent pricing tactics, and investor education are essential considerations. IoT devices, cloud-based solutions, and digital channels are changing the way financial assets, derivatives, and investor education are delivered. Amid fierce competition and cyber risks, companies like FIS and Investment Management firms are leveraging data mining, client engagement, and automation to stay ahead. Download complimentary Sample Report to gain insights into AI's impact on market dynamics, emerging trends, and future opportunities- including forecast (2025-2029) and historic data (2019 - 2023) Research Analysis In the dynamic and complex world of wealth management, various players offer investment advisory services to help wealthy clients achieve their financial goals. These include human advisors, robo advisors, and hybrid advisors from financial counselling firms, FinTech advisors, banks, traditional wealth managers, asset management companies, pension funds, insurance companies, and funds. They provide personalized strategies for retirement planning and alternative asset investments, while digitalizing business processes to enhance efficiency and client experience. Through asset management, portfolio management, and fund management, these entities help clients build and manage their wealth, ensuring a secure financial future. Market Research Overview In the wealth management market, Financials and advisory services play a significant role. Finals and banks offer various investment opportunities, such as stocks, bonds, and mutual funds. Clients seek personalized advice from professionals to manage their assets effectively. The retirement market is a crucial segment, with pension plans and individual retirement accounts being popular choices. Commodities, hedge funds, and private equity are alternative investment options for those seeking higher returns. Technology, such as artificial intelligence and machine learning, is transforming the industry, providing insights and streamlining processes. The industry is heavily regulated, with regulations like the Dodd-Frank Act and the Securities Act of 1933 shaping the landscape. Overall, wealth management is a complex and dynamic field, requiring expertise and a deep understanding of financial markets and regulations. Table of Contents: 1 Executive Summary 2 Market Landscape 3 Market Sizing 4 Historic Market Size 5 Five Forces Analysis 6 Market Segmentation Business SegmentHuman AdvisoryHybrid AdvisoryRobo AdvisoryEnd-userBanksTrading And Exchange FirmsInvestment Management FirmsBrokerage FirmsOthersGeographyNorth AmericaAPACEuropeSouth AmericaMiddle East And Africa 7 Customer Landscape 8 Geographic Landscape 9 Drivers, Challenges, and Trends 10 Company Landscape 11 Company Analysis 12 Appendix About Technavio Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. Contacts Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: media@technavio.com Website: www.technavio.com/ View original content to download multimedia:https://www.prnewswire.com/news-releases/wealth-management-market-to-grow-by-usd-460-1-billion-from-2025-2029--rising-global-hnis-to-boost-revenue-report-on-how-ai-is-redefining-market-landscape---technavio-302376402.html SOURCE Technavio Market News and Data brought to you by Benzinga APIs

Artificial Intelligence (AI) in Games Market to Grow by USD 27.47 Billion from 2025-2029, Boosted by AR and VR Game Adoption, Report on AI's Role in Market Transformation- Technavio

Enter your email to get Benzinga's ultimate morning update: The PreMarket Activity Newsletter NEW YORK, Feb. 10, 2025 /PRNewswire/ -- Report with the AI impact on market trends - The global Artificial intelligence (AI) in games market size is estimated to grow by USD 27.47 billion from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of 42.3% during the forecast period. Growing adoption of ar and vr games is driving market growth, with a trend towards increasing emergence of cloud gaming. However, network latency in between games poses a challenge. Key market players include Capcom Co. Ltd., Charisma Entertainment Ltd., COGNOSPHERE PTE. LTD., Electronic Arts Inc., Gameloft SE, Google LLC, Konami Group Corp., Latitude, Microsoft Corp., NetEase Inc., Nintendo Co., Ltd., NVIDIA Corp., PrometheanAI Inc., Side Effects Software Inc., Sony Group Corp., Take Two Interactive Software Inc., Tencent Holdings Ltd., Theai Inc., Ubisoft Entertainment SA, and Unity Technologies Inc.. Key insights into market evolution with AI-powered analysis. Explore trends, segmentation, and growth drivers- View Free Sample PDF Artificial Intelligence (AI) In Games Market Scope Report Coverage Details Base year 2024 Historic period 2019 - 2023 Forecast period 2025-2029 Growth momentum & CAGR Accelerate at a CAGR of 42.3% Market growth 2025-2029 USD 27474 million Market structure Fragmented YoY growth 2022-2023 (%) 32.9 Regional analysis North America, APAC, Europe, South America, and Middle East and Africa Performing market contribution North America at 40% Key countries US, China, Canada, Japan, South Korea, UK, Germany, Brazil, France, and Italy Key companies profiled Capcom Co. Ltd., Charisma Entertainment Ltd., COGNOSPHERE PTE. LTD., Electronic Arts Inc., Gameloft SE, Google LLC, Konami Group Corp., Latitude, Microsoft Corp., NetEase Inc., Nintendo Co., Ltd., NVIDIA Corp., PrometheanAI Inc., Side Effects Software Inc., Sony Group Corp., Take Two Interactive Software Inc., Tencent Holdings Ltd., Theai Inc., Ubisoft Entertainment SA, and Unity Technologies Inc. Market Driver Artificial Intelligence (AI) is revolutionizing the games market with trends like AI-generated content, Virtual Reality (VR), and Augmented Reality (AR). Games are now using AI algorithms to create 3D representations, enhance player experience on platforms like Microsoft HoloLens 2, and improve sensor technology. AI technologies, including machine learning and neural networks, power advanced features like ray tracing and realistic physics simulations in games like Cyberpunk 2077, Battlefield V, and Red Dead Redemption 2. Network latency is a challenge in multiplayer gaming, but AI-enabled platforms and deep learning ML models are helping to analyze data for prediction and improve matchmaking. GPUs and CPUs are essential for processing power, while real-time AI processing is a key factor in mobile games. Expertise in AI is in demand for developing AI-driven animation techniques and anti-cheat systems. Market growth factors include 5G network, cloud gaming, edge computing, and smart gaming consoles. AI Dungeon, Voyage platform, Pixel This, Things, Loom, and Mediaeval Problems are leading the way in AI-driven gaming innovations. Cloud gaming, which allows access to remote server-based games through Internet-connected devices, is gaining popularity due to the rise of social media and mobile gaming. This technology eliminates the need for new hardware or complicated setups, such as game discs, installations, or patches. Grid computing powers the streaming of game content to users via wired or wireless broadband connections. Cloud gaming's cost-effective pricing structure appeals to non-core gamers, expanding its reach beyond traditional console gaming. The convenience and ease of use make cloud gaming an attractive option for gamers. Request Sample of our comprehensive report now to stay ahead in the AI-driven market evolution! Market Challenges The AI in Games market is experiencing significant growth, with advancements in AI-generated content, virtual reality (VR), and augmented reality (AR). Microsoft HoloLens 2 and other AI technologies, such as machine learning and neural networks, are revolutionizing gaming. However, challenges remain, including network latency, processing power, and real-time AI processing for multiplayer gaming and matchmaking. AI-enabled platforms like Euphoria and Realistic physics simulations are improving player behavior and environmental interaction. Market growth factors include cloud-based services, smart gaming consoles, and expertise in AI. Companies like Cyberpunk 2077, Battlefield V, and Red Dead Redemption 2 are utilizing AI for image upscaling, prediction, and ML models. Future trends include deep learning, data analysis, and AI-driven animation techniques. The market is expected to grow, driven by 5G network, cloud gaming, edge computing, and AI Dungeon, Voyage platform, Pixel This, Things, Loom, and Mediaeval Problems.The global AI market in games faces a significant challenge due to network latency. This delay between a player's action and the game server's response can negatively impact gameplay experiences, particularly in online multiplayer games. Latency is influenced by factors such as internet connection quality, player-server distance, network infrastructure, number of users, and server load. Reducing network latency is crucial for providing optimal gaming experiences and ensuring player satisfaction. Companies in this market must invest in improving network infrastructure and optimizing server performance to minimize latency and enhance the overall gaming experience. Discover how AI is revolutionizing market trends- Get your access now! Segment Overview This artificial intelligence (ai) in games market report extensively covers market segmentation by TypeAI Enabled PlatformsAI Enabled GamesTechnologyMachine LearningNatural Language ProcessingComputer VisionRoboticsGeographyNorth AmericaAPACEuropeSouth AmericaMiddle East And AfricaGameActionAdventureCasualRacingSimulationSportsStrategyAI TypeMachine LearningDeep LearningNatural Language ProcessingComputer Vision 1.1 AI enabled platforms- Artificial Intelligence (AI) platforms are essential collections of tools that facilitate the creation, testing, implementation, and maintenance of deep learning and Machine Learning (ML) models in the gaming industry. AI technology enables machines to execute tasks beyond human capabilities, such as data analysis, prediction, and action-making, more efficiently and accurately. Developers utilize AI platforms to create advanced games, build environments, characters, and plots more rapidly. Additionally, AI's ability to analyze player behavior and data offers valuable insights into player preferences, leading to customized and engaging experiences. Leading companies like Microsoft and Google are at the forefront of this change, offering AI-driven platforms and tools that are revolutionizing game production. Furthermore, AI is enhancing game realism through AI-powered graphics and ray tracing, resulting in lifelike scenes. Real-time interactions between human gamers and AI-powered virtual characters are also made possible by these platforms. The increasing adoption of AI platforms in the gaming industry will drive the growth of this segment and market during the forecast period. Download a Sample of our comprehensive report today to discover how AI-driven innovations are reshaping competitive dynamics Research Analysis The AI in Games market is revolutionizing the gaming industry by integrating advanced AI algorithms, machine learning, and neural networks to generate and dynamic gaming experiences. AI-generated content includes 3D representations, virtual reality (VR), and augmented reality (AR), enhancing the realism and interaction in games. Microsoft HoloLens 2, with its AI technologies and sensors, leads the way in AR gaming. AI enables prediction and data analysis, reducing network latency and improving gameplay. GPUs and CPUs power AI-enabled platforms, enabling real-time image upscaling and ray tracing for enhanced graphics. Games like Cyberpunk 2077, Battlefield V, and Red Dead Redemption 2 utilize AI middleware systems like Euphoria to create lifelike characters and environments. Deep learning ML models are used for character behavior and decision-making, adding depth to the gaming experience. AI is transforming 3D games into intelligent, interactive, and experiences. Market Research Overview The Artificial Intelligence (AI) in Games market is experiencing rapid growth as developers integrate advanced AI technologies to create more and interactive gaming experiences. AI-generated content, such as 3D representations and realistic physics simulations, is revolutionizing the industry. Virtual reality (VR) and augmented reality (AR) games are utilizing AI algorithms to enhance user experience, with devices like Microsoft HoloLens 2 leading the way. Sensors and AI technologies like machine learning and neural networks are powering these advancements. Games like Cyberpunk 2077, Battlefield V, and Red Dead Redemption 2 are using AI to improve player behavior and environmental interaction. Network latency is being addressed through AI-enabled platforms and real-time AI processing. Deep learning and ML models are being used for data analysis and prediction, while GPUs and CPUs provide the necessary processing power. Realistic physics simulations, AI-driven animation techniques, and expertises in AI are key market growth factors. Cloud gaming, 5G networks, and edge computing are also driving the market forward. AI Dungeon, Voyage platform, Pixel This, Things, Loom, and Mediaeval Problems are some of the innovative companies leading the charge in this exciting field. Table of Contents: 1 Executive Summary 2 Market Landscape 3 Market Sizing 4 Historic Market Size 5 Five Forces Analysis 6 Market Segmentation TypeAI Enabled PlatformsAI Enabled GamesTechnologyMachine LearningNatural Language ProcessingComputer VisionRoboticsGeographyNorth AmericaAPACEuropeSouth AmericaMiddle East And AfricaGameActionAdventureCasualRacingSimulationSportsStrategyAI TypeMachine LearningDeep LearningNatural Language ProcessingComputer Vision 7 Customer Landscape 8 Geographic Landscape 9 Drivers, Challenges, and Trends 10 Company Landscape 11 Company Analysis 12 Appendix About Technavio Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. Contacts Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: media@technavio.com Website: www.technavio.com/ View original content to download multimedia:https://www.prnewswire.com/news-releases/artificial-intelligence-ai-in-games-market-to-grow-by-usd-27-47-billion-from-2025-2029--boosted-by-ar-and-vr-game-adoption-report-on-ais-role-in-market-transformation--technavio-302372175.html SOURCE Technavio Market News and Data brought to you by Benzinga APIs

Artificial Intelligence (AI) in Games Market to Grow by USD 27.47 Billion from 2025 to 2029, Driven by AR and VR Game Adoption, Report on AI Impact on Market Trends - Technavio

Enter your email to get Benzinga's ultimate morning update: The PreMarket Activity Newsletter NEW YORK, Feb. 14, 2025 /PRNewswire/ -- Report on how AI is redefining market landscape - The artificial intelligence (AI) in games market and it is set to grow by USD 27.47 billion from 2025 to 2029. However, the growth momentum will progressing at a CAGR of 42.3% during the forecast period, according to Technavio. The artificial intelligence (AI) in games market is fragmented, and the vendors are seeking strong partnerships with automotive, industrial, and commercial companies to compete in the market. Capcom Co. Ltd., Charisma Entertainment Ltd., COGNOSPHERE PTE. LTD., Electronic Arts Inc., Gameloft SE, Google LLC, Konami Group Corp., Latitude, Microsoft Corp., NetEase Inc., Nintendo Co., Ltd., NVIDIA Corp., PrometheanAI Inc., Side Effects Software Inc., Sony Group Corp., Take Two Interactive Software Inc., Tencent Holdings Ltd., Theai Inc., Ubisoft Entertainment SA, and Unity Technologies Inc. Are some of the major market participants -. To know about the vendor offerings - Request a sample report Artificial Intelligence (AI) In Games Market 2025-2029: Scope Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The artificial intelligence (ai) in games market report covers the following areas: Artificial Intelligence (AI) In Games Market SizeArtificial Intelligence (AI) In Games Market TrendsArtificial Intelligence (AI) In Games Market Industry AnalysisPorter's Five Forces AnalysisCustomer Landscape The artificial intelligence (ai) in games market is fragmented, and the degree of fragmentation will accelerate. The growing adoption of ar and vr games will offer immense growth opportunities. However, the Network latency in between games will hamper the market growth Artificial Intelligence (AI) In Games Market 2025-2029: Drivers & Challenges Artificial Intelligence (AI) is revolutionizing the gaming industry, particularly in the realm of Augmented Reality (AR) and Virtual Reality (VR). AI-generated content enhances these experiences by creating dynamic game settings based on player inputs and producing realistic 3D representations of gaming characters and environments. This innovation allows for more engaging and interactive gaming experiences, making AR and VR games increasingly popular among developers and users alike. By integrating AI technology into gaming, developers can offer more personalized and captivating experiences, setting a new standard for the industry. The global AI market in games faces a significant challenge due to network latency. This delay between a player's action and the game server's response can negatively impact gameplay experiences, particularly in online multiplayer games. Latency is influenced by factors such as internet connection quality, player-server distance, network infrastructure, number of users, and server load. Reducing network latency is crucial for providing optimal gaming experiences and ensuring player satisfaction. Companies in this market must invest in improving network infrastructure and optimizing server performance to minimize latency and enhance the overall gaming experience. To learn more about the global trends impacting the future of market research, download a PDF sample Segment Overview This artificial intelligence (ai) in games market report extensively covers market segmentation by TypeAI Enabled PlatformsAI Enabled GamesTechnologyMachine LearningNatural Language ProcessingComputer VisionRoboticsGeographyNorth AmericaAPACEuropeSouth AmericaMiddle East And AfricaGameActionAdventureCasualRacingSimulationSportsStrategyAI TypeMachine LearningDeep LearningNatural Language ProcessingComputer Vision 1.1 AI enabled platforms- Artificial Intelligence (AI) platforms are essential collections of tools that facilitate the creation, testing, implementation, and maintenance of deep learning and Machine Learning (ML) models in the gaming industry. AI technology enables machines to execute tasks beyond human capabilities, such as data analysis, prediction, and action-making, more efficiently and accurately. Developers utilize AI platforms to create advanced games, build environments, characters, and plots more rapidly. Additionally, AI's ability to analyze player behavior and data offers valuable insights into player preferences, leading to customized and engaging experiences. Leading companies like Microsoft and Google are at the forefront of this change, offering AI-driven platforms and tools that are revolutionizing game production. Furthermore, AI is enhancing game realism through AI-powered graphics and ray tracing, resulting in lifelike scenes. Real-time interactions between human gamers and AI-powered virtual characters are also made possible by these platforms. The increasing adoption of AI platforms in the gaming industry will drive the growth of this segment and market during the forecast period. To learn more, request a FREE sample Artificial Intelligence (AI) In Games Market 2025-2029: Key Highlights CAGR of the market during the forecast period 2025-2029Detailed information on factors that will assist artificial intelligence (ai) in games market growth during the next five yearsEstimation of the artificial intelligence (ai) in games market size and its contribution to the parent marketPredictions on upcoming trends and changes in consumer behaviorThe growth of the artificial intelligence (ai) in games market across North America, APAC, Europe, South America, and Middle East and AfricaAnalysis of the market's competitive landscape and detailed information on vendorsComprehensive details of factors that will challenge the growth of artificial intelligence (ai) in games market vendors Artificial Intelligence (AI) In Games Market Scope Report Coverage Details Base year 2024 Historic period 2017-2021 Forecast period 2025-2029 Growth momentum & CAGR Accelerate at a CAGR of 42.3% Market growth 2025-2029 USD 27474 million Market structure Fragmented YoY growth 2022-2023 (%) 32.9 Regional analysis North America, APAC, Europe, South America, and Middle East and Africa Performing market contribution North America at 40% Key countries US, China, Canada, Japan, South Korea, UK, Germany, Brazil, France, and Italy Competitive landscape Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks Key companies profiled Capcom Co. Ltd., Charisma Entertainment Ltd., COGNOSPHERE PTE. LTD., Electronic Arts Inc., Gameloft SE, Google LLC, Konami Group Corp., Latitude, Microsoft Corp., NetEase Inc., Nintendo Co., Ltd., NVIDIA Corp., PrometheanAI Inc., Side Effects Software Inc., Sony Group Corp., Take Two Interactive Software Inc., Tencent Holdings Ltd., Theai Inc., Ubisoft Entertainment SA, and Unity Technologies Inc. Market dynamics Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period Customization purview If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. Customization purview If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. About US Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. Contact Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: media@technavio.com Website: www.technavio.com/ View original content to download multimedia:https://www.prnewswire.com/news-releases/artificial-intelligence-ai-in-games-market-to-grow-by-usd-27-47-billion-from-2025-to-2029--driven-by-ar-and-vr-game-adoption-report-on-ai-impact-on-market-trends--technavio-302377008.html SOURCE Technavio Market News and Data brought to you by Benzinga APIs

Augmented & Virtual Reality Market to Grow by USD 442.99 Billion (2024-2028), Boosted by AR and VR Demand - Market Evolution Powered by AI - Technavio

Enter your email to get Benzinga's ultimate morning update: The PreMarket Activity Newsletter NEW YORK, Feb. 11, 2025 /PRNewswire/ -- Report on how AI is driving market transformation - The global augmented reality and virtual reality market size is estimated to grow by USD 442.99 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 50.22% during the forecast period. Growing demand for AR and VR technology is driving market growth, with a trend towards growing funding in startup ar and vr companies from investors. However, high development costs associated with AR and VR apps poses a challenge. Key market players include Alphabet Inc., Apple Inc., Augmented Pixels Inc., Blippar Ltd., CyberGlove Systems Inc., Eon Reality Inc., HP Inc., HTC Corp., Innovega Inc., Lenovo Group Ltd., Magic Leap Inc., Maxst Co. Ltd., Microsoft Corp., PTC Inc., Samsung Electronics Co. Ltd., Seiko Epson Corp., Toshiba Corp., Vuzix Corp., Wikitude GmbH, and Zugara Inc.. Key insights into market evolution with AI-powered analysis. Explore trends, segmentation, and growth drivers- View Free Sample PDF Augmented Reality And Virtual Reality Market Scope Report Coverage Details Base year 2023 Historic period 2017 - 2021 Forecast period 2024-2028 Growth momentum & CAGR Accelerate at a CAGR of 50.22% Market growth 2024-2028 USD 442999.9 million Market structure Fragmented YoY growth 2022-2023 (%) 36.1 Regional analysis North America, APAC, Europe, Middle East and Africa, and South America Performing market contribution APAC at 42% Key countries US, China, Germany, UK, and Japan Key companies profiled Alphabet Inc., Apple Inc., Augmented Pixels Inc., Blippar Ltd., CyberGlove Systems Inc., Eon Reality Inc., HP Inc., HTC Corp., Innovega Inc., Lenovo Group Ltd., Magic Leap Inc., Maxst Co. Ltd., Microsoft Corp., PTC Inc., Samsung Electronics Co. Ltd., Seiko Epson Corp., Toshiba Corp., Vuzix Corp., Wikitude GmbH, and Zugara Inc. Market Driver Augmented Reality (AR) and Virtual Reality (VR) markets are experiencing significant growth due to the integration of 3D models in 3D environments. With the rollout of 5G networks, the speed and responsiveness of AR and VR technologies will increase, benefiting commercial industries such as aerospace & defense, architecture, and manufacturing. AR applications using cameras and gesture-tracking devices are revolutionizing consumer engagement in sectors like e-commerce, entertainment, and gaming. HMDs (Head-mounted displays) and heads-up displays are transforming industries like healthcare, industrial automation, and transportation. AR and VR technologies are also being used in IT & telecommunication, media & entertainment, and tourism businesses for innovative solutions. The investment activity in AR and VR is on the rise, driven by the integration of AI, semiconductor components, and SoC (System on Chip) technology. The future of AR and VR holds endless possibilities, from mental illness treatments to simulations and self-monitoring devices. The global Augmented Reality (AR) and Virtual Reality (VR) market is experiencing significant growth due to increasing collaborations and partnerships among vendors. These strategic alliances enable companies to enhance their product offerings and explore new application areas for AR and VR software platforms. For instance, in March 2020, Valve, Microsoft Corp., and HP Inc. Announced a collaboration to develop a next-generation SteamVR headset, called HP Reverb G2. Such collaborative efforts are expected to fuel the growth of the AR and VR market during the forecast period. Vendors are leveraging these partnerships to expand their reach, improve product quality, and cater to the evolving needs of end-users. Request Sample of our comprehensive report now to stay ahead in the AI-driven market evolution! Market Challenges Augmented Reality (AR) and Virtual Reality (VR) markets are experiencing significant growth due to increasing demand from commercial industries. AR technology overlays digital 3D models onto real-world environments, enhancing consumer engagement in sectors like retail, architecture, and manufacturing. Challenges include developing 3D environments for AR applications, integrating AR technology with 5G networks, and creating technical expertise for hardware like HMDs (Head-mounted displays) and gesture-tracking devices. VR technology immerses users in entirely digital 3D environments, revolutionizing industries such as aerospace & defense, healthcare, and entertainment. Challenges include investing in network infrastructure for cloud-based VR applications, creating VR content for gaming and simulations, and ensuring security compliance. Consumer electronics, including smartphones and smart glasses, are driving mass adoption of AR and VR. Industries like e-commerce, real-estate, and tourism businesses are exploring AR applications for product visualization and customer engagement. Meanwhile, AR and VR are transforming industrial automation, IT & telecommunication, and the infotainment industry, improving efficiency and productivity. Semiconductor components and SoC integration are crucial for developing AR and VR hardware. AI and position trackers are essential for enhancing user experience and creating realistic simulations. VR exposure therapy is a promising application for mental illnesses, while VR technology is revolutionizing industrial tools and training. In conclusion, the AR and VR market presents numerous opportunities for innovation and growth, with challenges that require investment in hardware, software, and technical expertise. Industries from consumer electronics to aerospace & defense are embracing these technologies to enhance user experience, improve efficiency, and drive productivity.In the realm of Augmented Reality (AR) and Virtual Reality (VR) market, creating engaging projects involves various intricate components. Cost considerations are crucial, encompassing expenses for VR content creation and distribution, as well as hardware and software costs. For instance, 360-degree cameras are utilized to generate panoramic content at a relatively lower cost compared to computer-generated graphics. However, the real value of VR games lies in their interactive content. To create lifelike VR content, a combination of 360-degree cameras, computer graphics, and high-end photorealistic cameras is necessary. The approximate cost for developing only the VR content for an app falls between USD50,000 and USD100,000. Discover how AI is revolutionizing market trends- Get your access now! Segment Overview This augmented reality and virtual reality market report extensively covers market segmentation by TechnologyARVRApplicationConsumerEnterpriseGeographyNorth AmericaAPACEuropeMiddle East And AfricaSouth America 1.1 AR- The Augmented Reality (AR) segment is experiencing significant growth due to increasing new product launches, expanding application areas, and rising investments in AR technology. AR is an innovative technology that overlays digital information onto the real world, offering an enhanced user experience. This technology can be accessed through apps or web platforms. AR's versatile applications in various industries, including enterprise, retail, healthcare, media and entertainment, and education, are driving its demand. Key players, such as Alphabet and Microsoft, are investing in AR software development kits to create AR platforms. For instance, Microsoft's Mesh service enables people to collaborate in AR environments. Technological advancements in AR hardware and software, including smartphones and AR development platforms, are making AR more accessible and user-friendly. The growing need for remote collaboration and training solutions, especially during the COVID-19 pandemic, is also accelerating AR adoption. Major vendors, including Microsoft, Google, and Apple, are providing AR technology for enterprise applications, such as remote assistance, training, and product visualization. The increasing adoption of AR across industries for remote collaboration, training, and customer engagement, technological advancements, and continued innovation in AR applications will fuel the growth of the AR segment in the Augmented Reality and Virtual Reality market. Download a Sample of our comprehensive report today to discover how AI-driven innovations are reshaping competitive dynamics Research Analysis Augmented Reality (AR) and Virtual Reality (VR) are revolutionary technologies that have been gaining significant traction in various industries. AR superimposes digital 3D models onto the real world, enhancing user experience in areas like gaming, simulations, and infotainment. Smartphones and smart glasses serve as popular devices for AR, while heads-up displays are used in vehicles. VR, on the other hand, immerses users in a completely virtual 3D environment. VR technology finds applications in gaming, simulations, and exposure therapy, among others. Investment activity in AR and VR is on the rise, driven by the potential of these technologies in sectors like manufacturing industries, industrial automation, and self-monitoring devices. Engineers and designers use AR and VR for creating and testing complex designs, while the infotainment industry leverages these technologies for providing experiences. VR technology is also transforming shopping, allowing customers to virtually try on clothes or explore homes before purchasing. SoC integration is making VR and AR more accessible and affordable for the masses. Market Research Overview Augmented Reality (AR) and Virtual Reality (VR) are revolutionary technologies that transform the way we interact with our surroundings and digital content. AR overlays 3D models and information onto real-world environments in real-time using cameras and AR technology. VR creates 3D environments, transporting users to new worlds. Both technologies are gaining traction in various industries, including aerospace & defense, architecture, engineering, and manufacturing industries, for design and simulation. 5G networks enable seamless AR and VR experiences. AR applications are being used in commercial industries, consumer electronics, e-commerce, and tourism businesses for consumer engagement, product visualization, and information search. VR is popular in gaming, entertainment, healthcare, and education for training, therapy, and experiences. HMDs (Head-mounted displays), gesture-tracking devices, and position trackers are essential hardware components. The IT & telecommunication industry is investing heavily in AR and VR technology, with semiconductor components playing a crucial role. Technical expertise is required for software development and integration with SoCs (Systems on Chips). AR and VR are also being used in industrial automation, security compliance, and mental illnesses treatment. The future of AR and VR is bright, with endless possibilities in entertainment, education, and everyday life. Table of Contents: 1 Executive Summary 2 Market Landscape 3 Market Sizing 4 Historic Market Size 5 Five Forces Analysis 6 Market Segmentation TechnologyARVRApplicationConsumerEnterpriseGeographyNorth AmericaAPACEuropeMiddle East And AfricaSouth America 7 Customer Landscape 8 Geographic Landscape 9 Drivers, Challenges, and Trends 10 Company Landscape 11 Company Analysis 12 Appendix About Technavio Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. Contacts Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: media@technavio.com Website: www.technavio.com/ View original content to download multimedia:https://www.prnewswire.com/news-releases/augmented--virtual-reality-market-to-grow-by-usd-442-99-billion-2024-2028-boosted-by-ar-and-vr-demand--market-evolution-powered-by-ai---technavio-302372308.html SOURCE Technavio Market News and Data brought to you by Benzinga APIs

Gaming Market Size to Grow by USD 100.8 Billion from 2025-2029, Driven by AR and VR Adoption, with a Report on AI's Impact on Market Trends - Technavio

Enter your email to get Benzinga's ultimate morning update: The PreMarket Activity Newsletter NEW YORK, Feb. 7, 2025 /PRNewswire/ -- Report on how AI is redefining market landscape - The global gaming market size is estimated to grow by USD 100.8 billion from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of 8.4% during the forecast period. Growing adoption of ar and vr games is driving market growth, with a trend towards increasing emergence of cloud gaming. However, regulation of loot boxes poses a challenge. Key market players include Activision Blizzard Inc., Apple Inc., Bandai Namco Holdings Inc., Bowlero Corp., Chicago Gaming Co., DeNA Co. Ltd., Electronic Arts Inc., Epic Games Inc., GungHo Online Entertainment Inc., Microsoft Corp, NetEase Inc., Netmarble Corp., Niantic Inc., Nintendo Co., Ltd., Rovio Entertainment Corp., Sony Group Corp., Square Enix Holdings Co. Ltd., The Walt Disney Co., Ubisoft Entertainment SA, and Zeptolab UK Ltd.. AI-Powered Market Evolution Insights. Our comprehensive market report ready with the latest trends, growth opportunities, and strategic analysis- View Free Sample Report PDF Forecast period 2025-2029 Base Year 2024 Historic Data 2019 - 2023 Segment Covered Type (Casual gaming and Professional gaming), Platform (Online and Offline), Device (Mobile gaming, Console gaming, and PC gaming), and Geography (APAC, North America, Europe, Middle East and Africa, and South America) Region Covered APAC, North America, Europe, Middle East and Africa, and South America Key companies profiled Activision Blizzard Inc., Apple Inc., Bandai Namco Holdings Inc., Bowlero Corp., Chicago Gaming Co., DeNA Co. Ltd., Electronic Arts Inc., Epic Games Inc., GungHo Online Entertainment Inc., Microsoft Corp, NetEase Inc., Netmarble Corp., Niantic Inc., Nintendo Co., Ltd., Rovio Entertainment Corp., Sony Group Corp., Square Enix Holdings Co. Ltd., The Walt Disney Co., Ubisoft Entertainment SA, and Zeptolab UK Ltd. Key Market Trends Fueling Growth The gaming market is experiencing significant growth, driven by the increasing demand for home entertainment during the pandemic. Video games provide joy and self-satisfaction for people of all ages, including kids and older adults. Entertainment trends show that gaming is a popular form of stress relief and teamwork activity. The sense of achievement and intense gameplay are major draws for the youth population. Mobile games, fueled by 4G connectivity and smartphones, have gained massive traction. However, addiction issues are a concern. New genres like hypercasual games and education courses on tablets and mobile phones are also popular. Game developers are leveraging technology advancements, such as 5G, cloud gaming services, and improved graphics, to create game worlds. Virtual reality (VR) and augmented reality (AR) are new frontiers in gaming, offering tactical missions, attractive weapons, and multiplayer functionality. The game creation process is becoming more accessible with cloud platforms and online gaming platforms. Storytelling, graphics, and gameplay are key focus areas for game designers. The gaming industry continues to evolve, offering a wide range of genres from shooter and action to sports, role-playing, and 3D realistic graphics. Cloud gaming allows users to access and play games hosted on remote servers via Internet-connected devices. This technology eliminates the need for new hardware or complicated setups, such as game discs, installations, or patches. Its cost-effective pricing structure makes it an attractive option for non-core gamers who primarily use social media and mobile devices. Grid computing enables content streaming through wired or wireless broadband connections. Cloud gaming's advantages include fewer hassles and the ability to play games on various devices, making it a convenient alternative to traditional console gaming. Insights on how AI is driving innovation, efficiency, and market growth- Request Sample! Market Challenges The gaming market is a thriving industry that provides entertainment through video games, catering to various demographics including kids, older adults, and the youth population. Games offer stress relief, teamwork, a sense of achievement, self-satisfaction, and joy. With advancements in home entertainment systems and 4G connectivity, mobile games on smartphones have gained significant traction. However, challenges such as addiction issues, intense gaming, and social anxiety are concerns. Games come in various genres like shooter, action, sports, role playing, and new genres with 3D realistic graphics and tactical missions. Game developers leverage cloud platforms and online gaming platforms to create game worlds, education courses, and improved graphics. Virtual reality (VR) and augmented reality (AR) are emerging trends. The game creation process involves game design, storytelling, and graphics. Technology advancements, including 5G and cloud gaming services, are shaping the future of mobile gaming. Hypercasual games on Android and iOS apps, such as Tencent's offerings, dominate the market.The global gaming market faces a significant challenge with the regulation of loot boxes. Loot boxes are virtual items purchasable with real money, granting randomized in-game rewards. While they can improve gaming experience for some, critics argue they promote gambling and exploit vulnerable individuals, including children. Regulators in countries like Belgium, Australia, and the Netherlands have responded, banning or regulating loot boxes. These actions may necessitate modifications to game developers' and publishers' business models. Insights into how AI is reshaping industries and driving growth- Download a Sample Report Segment Overview This gaming market report extensively covers market segmentation by TypeCasual GamingProfessional GamingPlatformOnlineOfflineDeviceMobile GamingConsole GamingPC GamingGeographyAPACNorth AmericaEuropeMiddle East And AfricaSouth America 1.1 Casual gaming- The casual gaming market refers to the segment of video games that do not necessitate a substantial time commitment or financial investment. Casual gamers engage with games without dedicating extensive hours to play and win. A casual gaming service provider earns revenue by licensing gaming software to end-users. The adoption of mobile gaming is driving the growth of this market. Casual gamers generally do not invest in gaming peripherals. They prefer mobile devices over PCs and consoles due to the convenience of accessing games. Many casual gamers opt for online mobile gaming, enabling them to play their preferred games from anywhere at any time. The casual gaming sector's popularity is fueled by its accessibility, as games are easy to learn and play on various devices, including smartphones, tablets, and PCs. Additionally, social interaction is a significant factor driving the casual gaming segment. Many casual games are designed for multiplayer experiences, either locally or online, adding an extra layer of enjoyment and engagement. For instance, Player Unknown's Battlegrounds (PUBG) is a popular online multiplayer battle royale game. Its social interaction feature, such as voice chat, facilitates strategy coordination and teamwork among players, enhancing the overall gaming experience. This social element is particularly appealing when playing with friends, allowing for both entertainment and catching up on each other's lives. Thus, the social interaction model contributes to a better gaming experience, driving the casual gaming market in the forecast period. Download complimentary Sample Report to gain insights into AI's impact on market dynamics, emerging trends, and future opportunities- including forecast (2025-2029) and historic data (2019 - 2023) Research Analysis The gaming market continues to thrive as a major form of home entertainment, providing joy and relaxation for people of all ages. Video games offer a sense of achievement, self-satisfaction, and traction that can help alleviate stress. They cater to various demographics, including kids, older adults, and the youth population, providing a wide range of genres such as action, shooter, sports, role-playing, and educational courses. With advancements in technology, games now offer 3D realistic graphics and tactical missions, making the experience more than ever. Home entertainment systems, tablets, mobile phones, and iPads are popular platforms for gaming. The market is expected to grow further with the advent of 5G technology and the increasing popularity of mobile gaming. According to the GSMA report, the gaming industry is projected to reach new heights, offering endless opportunities for entertainment and social connection. Market Research Overview The gaming market is a vibrant and ever-evolving industry that offers a world of entertainment for people of all ages. From kids to older adults, video games provide a sense of joy, self-satisfaction, and a much-needed escape from the stresses of daily life. With advancements in technology, gaming has become a versatile form of home entertainment, accessible through various home systems, smartphones, tablets, and even cloud gaming services. The youth population is a significant demographic in the gaming market, with mobile games and 4G connectivity leading the way. However, gaming is not just about addiction and intense play. It also offers opportunities for teamwork, education, and social interaction. New genres, such as role-playing, shooter, action, sports, and strategy games, continue to capture the imagination of gamers with their attractive weapons, tactical missions, and game worlds. Moreover, technology advancements, such as virtual reality (VR) and augmented reality (AR), are revolutionizing the gaming experience, offering new levels of immersion and interactivity. Game designers are constantly pushing the boundaries of storytelling and graphics, creating engaging experiences that resonate with players. The game creation process has become more accessible than ever, with cloud platforms and online gaming platforms enabling indie developers to bring their ideas to life. Overall, the gaming market is a dynamic and exciting space, offering endless opportunities for entertainment, education, and social connection. Table of Contents: 1 Executive Summary 2 Market Landscape 3 Market Sizing 4 Historic Market Size 5 Five Forces Analysis 6 Market Segmentation TypeCasual GamingProfessional GamingPlatformOnlineOfflineDeviceMobile GamingConsole GamingPC GamingGeographyAPACNorth AmericaEuropeMiddle East And AfricaSouth America 7 Customer Landscape 8 Geographic Landscape 9 Drivers, Challenges, and Trends 10 Company Landscape 11 Company Analysis 12 Appendix About Technavio Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. Contacts Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: media@technavio.com Website: www.technavio.com/ View original content to download multimedia:https://www.prnewswire.com/news-releases/gaming-market-size-to-grow-by-usd-100-8-billion-from-20252029--driven-by-ar-and-vr-adoption-with-a-report-on-ais-impact-on-market-trends---technavio-302371587.html SOURCE Technavio Market News and Data brought to you by Benzinga APIs

Algorithmic Trading Market to Grow by USD 18.74 Billion from 2025-2029, Driven by High Demand for Market Surveillance, Report on How AI is Driving Market Transformation - Technavio technavio

Enter your email to get Benzinga's ultimate morning update: The PreMarket Activity Newsletter NEW YORK, Feb. 12, 2025 /PRNewswire/ -- Report with the AI impact on market trends - The algorithmic trading market and it is set to grow by USD 18.74 billion from 2025 to 2029. However, the growth momentum will progressing at a CAGR of 15.3% during the forecast period, according to Technavio. The algorithmic trading market is fragmented, and the vendors are seeking strong partnerships with automotive, industrial, and commercial companies to compete in the market. 63 Moons Technologies Ltd., AlgoBulls Technologies Pvt. Ltd., AlpacaDB Inc., Argo SE, Auros, CRYPTO TECHFIN, InfoReach Inc., iRageCapital Advisory Pvt. Ltd., MetaQuotes Ltd., QuantConnect Corp., QuantCore Capital Management LLC, Refinitiv, Software AG, Symphony Fintech Solutions Pvt. Ltd., Tata Consultancy Services Ltd., Thomson Reuters Corp., Trading Technologies International Inc., uTrade, Virtu Financial Inc., and Wyden AG are some of the major market participants -. To know about the vendor offerings - Request a sample report Algorithmic Trading Market 2025-2029: Scope Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The algorithmic trading market report covers the following areas: Algorithmic Trading Market SizeAlgorithmic Trading Market TrendsAlgorithmic Trading Market Industry AnalysisPorter's Five Forces AnalysisCustomer Landscape The algorithmic trading market is fragmented, and the degree of fragmentation will accelerate. The high demand for market surveillance will offer immense growth opportunities. However, the Wider bid-ask spread in APAC will hamper the market growth Algorithmic Trading Market 2025-2029: Drivers & Challenges The global algorithmic trading market is experiencing a significant rise in the need for market surveillance, pushing compliance requirements forward. Top market players are focusing on enhancing their data management strategies and addressing system gaps. It is crucial for vendors to establish a market with both international and regional interconnections. This will enable market participants to access the best global assets. Consequently, strategies are being developed to construct infrastructure and expand the equity market over the forecast period. In the Asia Pacific (APAC) region, implementing algorithmic trading faces challenges due to wider bid-ask spreads in various stocks. For instance, the average dealing spread for stocks in Singapore is approximately 0.75%. Although market liquidity may be substantial, the large spreads make trading difficult. Some stocks exhibit high volatility and low turnover, which is unfavorable for algorithmic trading. Nevertheless, industry players are actively exploring ways to replicate the success of algorithms in the US and Europe in APAC. The algorithmic trading market in APAC is still in its initial stages. To learn more about the global trends impacting the future of market research, download a PDF sample Segment Overview This algorithmic trading market report extensively covers market segmentation by ComponentSolutionsServicesEnd-userInstitutional InvestorsRetail InvestorsLong-term InvestorsShort-term InvestorsGeographyNorth AmericaAPACEuropeSouth AmericaMiddle East And Africa 1.1 Solutions- The algorithmic trading market's solutions sector primarily offers software utilized by traders for automated trading. Algorithmic trading, which involves executing large orders quickly and efficiently, relies on software platforms. Proprietary trading firms, hedge funds, and investment banks employ algorithmic trading for managing large orders. High-frequency trading (HFT) uses pre-programmed software for automated, high-speed trading. Software solutions provide benefits such as quicker profit generation, customization, fast data processing, reliability, cost-effectiveness, and installation guidance. InfoReach Inc. Is a notable vendor, offering strategies for options, FX trading, equities, and futures, without the need for extensive infrastructure development or maintenance, contributing to the market's growth. To learn more, request a FREE sample Algorithmic Trading Market 2025-2029: Key Highlights CAGR of the market during the forecast period 2025-2029Detailed information on factors that will assist algorithmic trading market growth during the next five yearsEstimation of the algorithmic trading market size and its contribution to the parent marketPredictions on upcoming trends and changes in consumer behaviorThe growth of the algorithmic trading market across North America, APAC, Europe, South America, and Middle East and AfricaAnalysis of the market's competitive landscape and detailed information on vendorsComprehensive details of factors that will challenge the growth of algorithmic trading market vendors Algorithmic Trading Market Scope Report Coverage Details Base year 2024 Historic period 2017-2021 Forecast period 2025-2029 Growth momentum & CAGR Accelerate at a CAGR of 15.3% Market growth 2025-2029 USD 18737.5 million Market structure Fragmented YoY growth 2022-2023 (%) 13.4 Regional analysis North America, APAC, Europe, South America, and Middle East and Africa Performing market contribution APAC at 37% Key countries US, China, Germany, Canada, Japan, India, UK, France, Italy, and Brazil Competitive landscape Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks Key companies profiled 63 Moons Technologies Ltd., AlgoBulls Technologies Pvt. Ltd., AlpacaDB Inc., Argo SE, Auros, CRYPTO TECHFIN, InfoReach Inc., iRageCapital Advisory Pvt. Ltd., MetaQuotes Ltd., QuantConnect Corp., QuantCore Capital Management LLC, Refinitiv, Software AG, Symphony Fintech Solutions Pvt. Ltd., Tata Consultancy Services Ltd., Thomson Reuters Corp., Trading Technologies International Inc., uTrade, Virtu Financial Inc., and Wyden AG Market dynamics Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period Customization purview If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. Customization purview If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. About US Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. Contact Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: media@technavio.com Website: www.technavio.com/ View original content to download multimedia:https://www.prnewswire.com/news-releases/algorithmic-trading-market-to-grow-by-usd-18-74-billion-from-2025-2029--driven-by-high-demand-for-market-surveillance-report-on-how-ai-is-driving-market-transformation--technavio-technavio-302374431.html SOURCE Technavio Market News and Data brought to you by Benzinga APIs

Foreign Exchange Market to Grow by USD 582 Billion from 2025-2029, Driven by Urbanization & Digitalization, Report on AI's Impact on Market Trends - Technavio

Enter your email to get Benzinga's ultimate morning update: The PreMarket Activity Newsletter NEW YORK, Feb. 14, 2025 /PRNewswire/ -- Report on how AI is redefining market landscape - The global foreign exchange market size is estimated to grow by USD 582 billion from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of 10.6% during the forecast period. Growing urbanization and digitalization is driving market growth, with a trend towards 24x7 trading opportunities for foreign exchange. However, uncertainty of future exchange rates poses a challenge. Key market players include Bank of America Corp., Barclays PLC, BNP Paribas SA, Citigroup Inc., Commonwealth Bank of Australia, DBS Bank Ltd, Deutsche Bank AG, HSBC Holdings Plc, JPMorgan Chase and Co., London Stock Exchange Group plc, NatWest Group plc, Societe Generale SA, Standard Chartered PLC, State Street Corp., The Bank of Nova Scotia, The Goldman Sachs Group Inc., UBS Group AG, and XTX Markets Ltd.. AI-Powered Market Evolution Insights. Our comprehensive market report ready with the latest trends, growth opportunities, and strategic analysis- View Free Sample Report PDF Forecast period 2025-2029 Base Year 2024 Historic Data 2019 - 2023 Segment Covered Type (Reporting dealers, Financial institutions, and Non-financial customers), Trade Finance Instruments (Currency swaps, Outright forward and FX swaps, and FX options), Geography (North America, Europe, APAC, South America, and Middle East and Africa), and Counterparty (Reporting Dealers, Other Financial Institutions, and Non-Financial Customers) Region Covered North America, Europe, APAC, South America, and Middle East and Africa Key companies profiled Bank of America Corp., Barclays PLC, BNP Paribas SA, Citigroup Inc., Commonwealth Bank of Australia, DBS Bank Ltd, Deutsche Bank AG, HSBC Holdings Plc, JPMorgan Chase and Co., London Stock Exchange Group plc, NatWest Group plc, Societe Generale SA, Standard Chartered PLC, State Street Corp., The Bank of Nova Scotia, The Goldman Sachs Group Inc., UBS Group AG, and XTX Markets Ltd. Key Market Trends Fueling Growth The Foreign Exchange Market, also known as Forex, is a global market where currencies are bought and sold. Financial institutions and non-financial customers, including individuals, retailers, corporate institutes, and multinational corporations, participate in this market for various reasons. Currency swaps, international trade, interest rate differentials, monetary interventions, speculation, investment flows, and economic indicators are some of the trends influencing Forex. Political developments, risk appetite, inflationary pressures, and geopolitical risks also impact the market. Retail forex trading, international transactions, and currency exchange services are accessible to individuals and small businesses through modern technology and trading platforms. Central banks, monetary policies, regulations, and inflation are key factors affecting Forex rates. Major currency pairs like EUR/USD, GBP/USD, and USD/JPY have high trading volume, with interbank networks and electronic platforms ensuring efficiency in 24-hour operations. Corporates, hedge funds, wealth managers, and foreign exchange services offer advisory services, trading programs, and remittance services to meet diverse needs. Globalization of businesses, GDP growth, investor confidence, liquidity, and economic events influence Forex market dynamics. Financial crises and strategic corporate activities also impact the market, with hedging strategies providing risk management solutions. Personal finance, global commerce, international travel, and online shopping are some areas where Forex plays a crucial role. The foreign exchange market operates continuously, providing traders with the opportunity to buy and sell currencies around the clock. This is due to the fact that trades are facilitated through a network of computers and various international time zones. The New York market closing does not halt foreign exchange trading as other markets in different parts of the world remain open. Consequently, when the USD's closing rate is reported, it signifies the exchange rate at the New York market's closing time. Money transactions continue globally beyond the New York market's hours, making the foreign exchange market a dynamic, non-stop marketplace. Insights on how AI is driving innovation, efficiency, and market growth- Request Sample! Market Challenges The Foreign Exchange Market, also known as Forex, is a global market where Currencies are bought and sold. It's a significant part of the Foreign Securities Market, involving Financial Institutions, Non-Financial Customers, and various other players like Individuals, Retailers, Corporate Institutes, and Hedge Funds. International Trade, Interest Rate Differentials, Monetary Interventions, Speculation, Investment Flows, and Economic Indicators influence Forex rates. Political Developments, Risk Appetite, Inflationary Pressures, Retail Forex Trading, and International Transactions are also crucial factors. Modern Technology, Globalization of Businesses, and 24-hour Operation make Forex accessible to Individual Investors, Small Businesses, and Multinational Corporations dealing with Major Currency Pairs. Currency Swaps, Monetary Policies, Regulations, and Central Banks play a crucial role in maintaining Liquidity and Stability. However, challenges like Terrorism Threats, Geopolitical Risks, and Financial Crises can impact Forex trading significantly. Currency Exchange Services, Remittance Services, and Trading Programs help facilitate these transactions efficiently.In foreign trading, the exchange rate uncertainty poses a significant risk. When a deal is finalized, the value of the currencies involved may change before payment is received. For instance, if a buyer agrees to pay USD525,935 for a shipment based on an exchange rate of USD0.85 per Euro, the seller expects to collect €600,000. However, if the Euro depreciates to USD0.84, the seller will only receive €592,000, resulting in a USD8,000 loss. To mitigate this risk, traders employ various hedging strategies or lock in exchange rates at the time of transaction. Insights into how AI is reshaping industries and driving growth- Download a Sample Report Segment Overview This foreign exchange market report extensively covers market segmentation by TypeReporting DealersFinancial InstitutionsNon-financial CustomersTrade Finance InstrumentsCurrency SwapsOutright Forward And FX SwapsFX OptionsGeographyNorth AmericaEuropeAPACSouth AmericaMiddle East And AfricaCounterpartyReporting DealersOther Financial InstitutionsNon-Financial Customers 1.1 Reporting dealers- The foreign exchange market is a crucial financial market where participating institutions hold risky inventory positions during the maturity period. Liquidity providers, who absorb imbalances in the market, are compensated through high returns, reflecting the risk premium associated with non-diversifiable risks. Reporting dealers, as financial entities, provide inter-day liquidity and buy/sell currencies and OTC derivatives for their accounts or customer demand. Liquidity is essential due to dispersed trading and the need for immediacy, with reporting dealers providing accurate information on future currency movements based on order flow. Market growth is expected as dealers with informational advantages minimize liquidity risks. Financial institutions, including US subsidiaries and foreign branches, are reporting dealers. Download complimentary Sample Report to gain insights into AI's impact on market dynamics, emerging trends, and future opportunities- including forecast (2025-2029) and historic data (2019 - 2023) Research Analysis The Foreign Exchange Market, also known as Forex or FX, is a global financial market where currencies are traded. It is the largest and most liquid market in the world, with an average daily trading volume surpassing USD6 trillion. Financial institutions and non-financial customers, including individuals, retailers, corporations, and international trade entities, participate in this market to buy, sell, and exchange currencies. Currency swaps, where two parties exchange principal in one currency and agree to reverse the transaction at a later date in another currency, are common in Forex. Interest rate differentials, monetary interventions, speculation, investment flows, balance of payments, economic indicators, political developments, and IoT insurance market are some of the factors influencing currency values and trading in this market. Banks, corporations, and interbank networks facilitate the trading of currencies in this market. Currencies and foreign exchange rates fluctuate based on supply and demand, with trading volume influenced by various economic and political factors. The Forex market plays a crucial role in facilitating international trade and investment. Market Research Overview The Foreign Exchange Market, also known as Forex or FX, is a global financial market where currencies are bought and sold. It functions as a network of financial institutions and deals in the buying, selling, and exchange of currencies for various reasons, including for facilitating international trade and investments. The market is accessible to a wide range of participants, including financial institutions, non-financial customers, individuals, retailers, corporate institutions, and multinational corporations. Currency swaps, interest rate differentials, monetary interventions, speculation, investment flows, economic indicators, political developments, risk appetite, inflationary pressures, and geopolitical risks are some of the factors that influence the Forex market. Modern technology and electronic platforms have made trading more efficient, with 24-hour operation and accessible platforms for individual investors, small businesses, and major corporations. Currency exchange services, remittance services, and foreign exchange rates are essential components of the Forex market. Major currency pairs, such as EUR/USD, USD/JPY, and GBP/USD, dominate the market, with trading volumes reaching billions of dollars daily. The market is influenced by various economic events, financial crises, strategic corporate activities, and hedging strategies. Central banks and regulations play a crucial role in managing monetary policies and maintaining liquidity in the market. Table of Contents: 1 Executive Summary 2 Market Landscape 3 Market Sizing 4 Historic Market Size 5 Five Forces Analysis 6 Market Segmentation TypeReporting DealersFinancial InstitutionsNon-financial CustomersTrade Finance InstrumentsCurrency SwapsOutright Forward And FX SwapsFX OptionsGeographyNorth AmericaEuropeAPACSouth AmericaMiddle East And AfricaCounterpartyReporting DealersOther Financial InstitutionsNon-Financial Customers 7 Customer Landscape 8 Geographic Landscape 9 Drivers, Challenges, and Trends 10 Company Landscape 11 Company Analysis 12 Appendix About Technavio Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. Contacts Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: media@technavio.com Website: www.technavio.com/ View original content to download multimedia:https://www.prnewswire.com/news-releases/foreign-exchange-market-to-grow-by-usd-582-billion-from-2025-2029-driven-by-urbanization--digitalization-report-on-ais-impact-on-market-trends---technavio-302376059.html SOURCE Technavio Market News and Data brought to you by Benzinga APIs

Elevator and Escalator Market to Grow by USD 90.1 Billion from 2025-2029, Driven by Demand for Smart Elevators, Report on How AI is Driving Market Transformation - Technavio

Enter your email to get Benzinga's ultimate morning update: The PreMarket Activity Newsletter NEW YORK, Feb. 13, 2025 /PRNewswire/ -- Report with the AI impact on market trends - The elevator and escalator market and it is set to grow by USD 90.1 billion from 2025 to 2029. However, the growth momentum will progressing at a CAGR of almost 10.8% during the forecast period, according to Technavio. The elevator and escalator market is fragmented, and the vendors are seeking strong partnerships with automotive, industrial, and commercial companies to compete in the market. Braun Elevator, Brobeil Aufzuge GmbH and Co.KG, ESCON Elevators Pvt. Ltd., Fuji Electric Co. Ltd., Fuji Elevators Co., Fujitec Co. Ltd., HIRO LIFT Hillenkotter and Ronsieck GmbH, Hitachi Ltd., Hyundai Elevator Co. Ltd., KOHLER Elevator GmbH, KONE Corp., Mitsubishi Electric Corp., Otis Worldwide Corp., Savaria Corp., SCHAEFER GmbH, Schindler Holding Ltd., TK Elevator GmbH, Toshiba Corp., Weidmuller Interface GmbH and Co. KG, and WITTUR HOLDING GmbH are some of the major market participants -. To know about the vendor offerings - Request a sample report Elevator And Escalator Market 2025-2029: Scope Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The elevator and escalator market report covers the following areas: Elevator And Escalator Market SizeElevator And Escalator Market TrendsElevator And Escalator Market Industry AnalysisPorter's Five Forces AnalysisCustomer Landscape The elevator and escalator market is fragmented, and the degree of fragmentation will accelerate. The increasing demand for smart elevators will offer immense growth opportunities. However, the Reluctance to modernize elevators and reduce their energy use will hamper the market growth Elevator And Escalator Market 2025-2029: Drivers & Challenges The Elevators and Escalators market is driven by various factors. Infrastructure development in commercial establishments such as Deyaar Development and Stansted Airport, high-speed metro systems, and construction of new buildings are key growth drivers. Economic growth and the need for vertical transportation in offices, malls, residential apartments, healthcare facilities, and other vertical conveyance systems are also significant drivers. The construction industry's focus on sustainability, energy efficiency, and safety regulations is increasing the demand for smart elevators and escalators. Construction activities in Massachusetts and other regions with aging infrastructure require modernization and replacement of old elevators and escalators. The transportation infrastructure sector, including airports and leisure parks, also relies heavily on elevators and escalators for passenger and freight movement. Skilled labor is essential for the installation, maintenance, and repair of these systems. Overall, the market for Elevators and Escalators is expected to grow due to the increasing demand for vertical transportation solutions. The Elevators and Escalators market encompasses various types, including residential and industrial elevators, hydraulic and cable lifts, wheelchair lifts, pneumatic lifts, glass lifts, and high-rise solutions. Challenges include safety measures, temporary bans due to infrastructure issues, raw material availability, and implementation of green technologies like recycled materials, LED lights, and watersoluble paints. Deyaar Development, Stansted Airport, and high-speed metro projects are significant consumers. Vertical transportation in commercial establishments, offices, malls, residential apartments, healthcare facilities, and retail establishments drives growth. Economic growth, new buildings, and passenger, freight, hospital, observation, and overall elevator demands continue to fuel market expansion. Energy efficiency, elevator traffic, and smart elevators are key trends. To learn more about the global trends impacting the future of market research, download a PDF sample Segment Overview This elevator and escalator market report extensively covers market segmentation by ProductElevatorsEscalatorsApplicationCommercialResidentialIndustrialGeographyAPACEuropeMiddle East And AfricaNorth AmericaSouth America 1.1 Elevators- The Elevator and Escalator market encompasses the production, sales, and installation of vertical transportation systems. These systems include elevators and escalators used in commercial, residential, and industrial buildings. Market growth is driven by increasing construction activities and the need for efficient vertical transportation solutions. Key players in this market include Otis Elevator Company, Schindler Group, and Kone Corporation. To learn more, request a FREE sample Elevator And Escalator Market 2025-2029: Key Highlights CAGR of the market during the forecast period 2025-2029Detailed information on factors that will assist elevator and escalator market growth during the next five yearsEstimation of the elevator and escalator market size and its contribution to the parent marketPredictions on upcoming trends and changes in consumer behaviorThe growth of the elevator and escalator market across APAC, Europe, Middle East and Africa, North America, and South AmericaAnalysis of the market's competitive landscape and detailed information on vendorsComprehensive details of factors that will challenge the growth of elevator and escalator market vendors Elevator And Escalator Market Scope Report Coverage Details Base year 2024 Historic period 2017-2021 Forecast period 2025-2029 Growth momentum & CAGR Accelerate at a CAGR of 10.8% Market growth 2025-2029 USD 90.1 billion Market structure Fragmented YoY growth 2022-2023 (%) 9.5 Regional analysis APAC, Europe, Middle East and Africa, North America, and South America Performing market contribution APAC at 75% Key countries China, Japan, India, South Korea, Australia, France, Germany, UK, Canada, and US Competitive landscape Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks Key companies profiled Braun Elevator, Brobeil Aufzuge GmbH and Co.KG, ESCON Elevators Pvt. Ltd., Fuji Electric Co. Ltd., Fuji Elevators Co., Fujitec Co. Ltd., HIRO LIFT Hillenkotter and Ronsieck GmbH, Hitachi Ltd., Hyundai Elevator Co. Ltd., KOHLER Elevator GmbH, KONE Corp., Mitsubishi Electric Corp., Otis Worldwide Corp., Savaria Corp., SCHAEFER GmbH, Schindler Holding Ltd., TK Elevator GmbH, Toshiba Corp., Weidmuller Interface GmbH and Co. KG, and WITTUR HOLDING GmbH Market dynamics Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period Customization purview If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. About US Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. Contact Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: media@technavio.com Website: www.technavio.com/ View original content to download multimedia:https://www.prnewswire.com/news-releases/elevator-and-escalator-market-to-grow-by-usd-90-1-billion-from-2025-2029--driven-by-demand-for-smart-elevators-report-on-how-ai-is-driving-market-transformation--technavio-302374493.html SOURCE Technavio Market News and Data brought to you by Benzinga APIs

Influencer Marketing Platform Market to Grow by USD 80.3 Billion from 2025-2029, Driven by Vendor Partnerships and M&A, Report on Market Evolution Powered by AI - Technavio

Enter your email to get Benzinga's ultimate morning update: The PreMarket Activity Newsletter NEW YORK, Feb. 11, 2025 /PRNewswire/ -- Report on how AI is driving market transformation - The global influencer marketing platform market size is estimated to grow by USD 80.3 billion from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of 35.8% during the forecast period. Increasing partnerships and mergers and acquisitions among vendors is driving market growth, with a trend towards influencer marketing platforms gain customer trust and create brand image. However, increase in number of fake followers poses a challenge. Key market players include AspireIQ Inc., Captiv8 Inc., Cision US Inc., CreatorIQ, Emplifi Inc, ExpertVoice Inc., Fashion GPS Inc., Impact Tech Inc., IZEA Worldwide Inc., JuliusWorks Inc., Linqia Inc., Lumanu Inc., Mavrck LLC, Meltwater NV, Modern Agency SAS, Onalytica Ltd., Quotient Technology Inc., Social Beat Digital Marketing LLP, The W Factory LLC, and Upfluence Inc.. Key insights into market evolution with AI-powered analysis. Explore trends, segmentation, and growth drivers- View Free Sample PDF Influencer Marketing Platform Market Scope Report Coverage Details Base year 2024 Historic period 2019 - 2023 Forecast period 2025-2029 Growth momentum & CAGR Accelerate at a CAGR of 35.8% Market growth 2025-2029 USD 80.3 billion Market structure Fragmented YoY growth 2022-2023 (%) 32.4 Regional analysis North America, Europe, APAC, Middle East and Africa, and South America Performing market contribution North America at 34% Key countries US, Germany, China, UK, Japan, India, France, Italy, Brazil, and Spain Key companies profiled AspireIQ Inc., Captiv8 Inc., Cision US Inc., CreatorIQ, Emplifi Inc, ExpertVoice Inc., Fashion GPS Inc., Impact Tech Inc., IZEA Worldwide Inc., JuliusWorks Inc., Linqia Inc., Lumanu Inc., Mavrck LLC, Meltwater NV, Modern Agency SAS, Onalytica Ltd., Quotient Technology Inc., Social Beat Digital Marketing LLP, The W Factory LLC, and Upfluence Inc. Market Driver In today's digital world, influencer platforms are trending in business as an effective marketing strategy. Digital media allows brands to reach wider audiences through influencers with trust and credibility in niche communities. Engaging content is key to successful influencer campaigns, with traditional advertising taking a backseat. Transparency and authenticity are essential, as AI-driven solutions like HypeAuditor combat influencer fraud. Micro-influencers offer high engagement rates and customer referrals, while social media channels like Instagram, TikTok, and YouTube drive brand awareness and sales. Influencer relationship management is crucial for B2B and B2C businesses in industries such as Fashion & Beauty, Gaming, Travel and Lifestyle, Family, Parenting & Home, Health and Fitness, and more. Leads generation, customer reviews, stories, and social sharing further boost campaigns. Hollywood stars and ML (Machine Learning) are also jumping on the bandwagon. Smartphones and the internet provide easy access to online platforms, making influencer marketing a public favorite for brand awareness and customer engagement. Video content and content creation are essential, with AI-driven generative AI solutions streamlining the process. Enterprises utilize influencer marketing platforms to expand their brand reach and engage with their audience on social media. These platforms enable organizations to share their brand story and showcase products or services to a targeted demographic. Influencer marketing helps establish credibility and trust with customers through authentic endorsements. The importance of social media presence and the effectiveness of influencer marketing are key factors fueling the growth of the influencer marketing platform market. Organizations seek to build long-term relationships with their customer base by creating valuable content through these platforms. Request Sample of our comprehensive report now to stay ahead in the AI-driven market evolution! Market Challenges In today's digital media landscape, businesses face numerous challenges when it comes to influencer platforms. Trust and credibility are key concerns as niche communities expect authentic and engaging content. Traditional advertising methods no longer cut it, and transparency and authenticity are essential. AI-driven solutions like HypeAuditor help combat influencer fraud, while generative AI assists in content creation. Micro-influencers offer a cost-effective alternative, reaching specific social media channels such as Instagram, TikTok, and YouTube. Brands must build strong influencer relationships for leads generation, customer referrals, and reviews. Retail & ecommerce, fashion & beauty, gaming, travel and lifestyle, family, parenting & home, health and fitness industries all benefit from influencer marketing. Transparency, ML (Machine Learning), and B2B or B2C campaigns aim for brand awareness, high engagement rates, sales, and customer engagement. Video content and social sharing on Hollywood-level platforms drive hype. Influencer relationship management tools like Influencer Marketing Hub help navigate this complex landscape. Smartphones and the internet have made online platforms accessible to the public, making influencer marketing an essential tool for businesses.The influencer marketing landscape has witnessed significant growth as consumers have shifted their attention from traditional television (TV) to social media and Over-The-Top (OTT) channels. Brands aim to engage with authentic and impactful influencers to promote products and services, driving sales. With the increasing competition, there is a rising demand for both micro and macro influencers. However, identifying genuine influencors with large followings has become challenging. Unfortunately, some individuals purchase fake followers or even create fraudulent Instagram accounts to reap influencer benefits, making it essential for organizations to exercise caution. Discover how AI is revolutionizing market trends- Get your access now! Segment Overview This influencer marketing platform market report extensively covers market segmentation by End-userLarge EnterpriseSmall And Medium EnterpriseApplicationFashion And LifestyleFood And EntertainmentTravel And HolidaySports And FitnessOthersGeographyNorth AmericaEuropeAPACMiddle East And AfricaSouth AmericaTypeCampaign ManagementSearch & DiscoveryAnalytics & ReportingInfluencer Management 1.1 Large enterprise- Influencer marketing platforms are essential tools for large enterprises to expand brand reach, engage audiences, and convert leads. These platforms offer powerful campaign management features, enabling businesses to handle intricate campaigns across various regions and demographics. The focus on data and performance analytics sets influencer marketing platforms apart, providing real-time insights for optimizing influencer collaborations and measuring return on investment (ROI). For large enterprises, ROI tracking is crucial, making data-driven influencer marketing strategies indispensable. Influencer marketing platforms also amplify business presence on e-commerce platforms, enhancing visibility through appropriate keywords. The ability to manage campaigns, amplify content, access marketplaces, and leverage third-party analytics are significant factors driving the growth of the global influencer marketing platform market for large enterprises. Download a Sample of our comprehensive report today to discover how AI-driven innovations are reshaping competitive dynamics Research Analysis The Influencer Platform Market is a digital space where brands connect with influencers to create engaging content that resonates with their audience. Trust and credibility are crucial elements in this market, as niche communities look up to influencers for authentic recommendations. Traditional advertising is being overshadowed by influencer marketing due to its ability to reach a wider, more targeted audience. Transparency and authenticity are essential for maintaining the trust of both the audience and the brands. Generative AI is revolutionizing content creation, allowing influencers to produce high-quality content more efficiently. However, the rise of influencer fraud has become a significant concern, leading to the need for third-party verification tools like HypeAuditor. The influencer market caters to various industries, including Fashion & Beauty, Gaming, Travel and Lifestyle, and Smartphones, among others. It operates on both B2B and B2C models, with influencers promoting products and services to their followers. Brands leverage influencer marketing for brand awareness, engagement rate, sales, and content creation. The Hollywood industry has also embraced influencer marketing, with celebrities acting as influencers for various brands. ML (Machine Learning) algorithms are used to identify potential influencers and match them with suitable brands. The internet and online platforms have made influencer marketing accessible to the public, making it an essential marketing strategy for businesses in the digital age. Market Research Overview The Influencering Platform Market is a dynamic and ever-evolving digital media landscape that connects brands with influencers to build trust and credibility within niche communities. Engaging content is the cornerstone of successful influencer marketing, with traditional advertising taking a backseat to transparency and authenticity. AI-driven solutions, including generative AI, are revolutionizing the industry by streamlining influencer discovery and relationship management. However, challenges such as influencer fraud and the rise of micro-influencers require constant vigilance. Social media channels like Instagram, TikTok, and YouTube dominate the space, with retail & ecommerce, customer referrals, and reviews playing crucial roles. Influencer relationships are key to brand awareness, engagement rate, sales, and content creation, particularly in industries like Fashion & Beauty, Gaming, Travel and Lifestyle, Family, Parenting & Home, Health and Fitness, and more. B2B and B2C brands leverage these platforms for leads generation, while Hollywood, ML (Machine Learning), and HypeAuditor are shaping the future of the industry. Smartphones and the internet have made online platforms accessible to the public, allowing for real-time social sharing and storytelling. Influencer Marketing Hub and other resources provide valuable insights and trends in this exciting and growing market. Table of Contents: 1 Executive Summary 2 Market Landscape 3 Market Sizing 4 Historic Market Size 5 Five Forces Analysis 6 Market Segmentation End-userLarge EnterpriseSmall And Medium EnterpriseApplicationFashion And LifestyleFood And EntertainmentTravel And HolidaySports And FitnessOthersGeographyNorth AmericaEuropeAPACMiddle East And AfricaSouth AmericaTypeCampaign ManagementSearch & DiscoveryAnalytics & ReportingInfluencer Management 7 Customer Landscape 8 Geographic Landscape 9 Drivers, Challenges, and Trends 10 Company Landscape 11 Company Analysis 12 Appendix About Technavio Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. Contacts Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: media@technavio.com Website: www.technavio.com/ View original content to download multimedia:https://www.prnewswire.com/news-releases/influencer-marketing-platform-market-to-grow-by-usd-80-3-billion-from-2025-2029--driven-by-vendor-partnerships-and-ma-report-on-market-evolution-powered-by-ai---technavio-302373662.html SOURCE Technavio Market News and Data brought to you by Benzinga APIs

Game Development Software Market to Grow by USD 70.7 Billion from 2025-2029, Driven by PC Games and Gaming Consoles Demand, with AI Impact - Technavio

Enter your email to get Benzinga's ultimate morning update: The PreMarket Activity Newsletter NEW YORK, Feb. 7, 2025 /PRNewswire/ -- Report on how AI is redefining market landscape - The global game development software market size is estimated to grow by USD 70.7 billion from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of almost 5.8% during the forecast period. Growth in demand for pc games and gaming consoles is driving market growth, with a trend towards growing popularity of AR/VR games. However, availability of open-source game development software poses a challenge. Key market players include Adobe Inc., Amazon.com Inc., Apricot Investments Ltd., Audiokinetic Inc., Autodesk Inc., Bandicam Co., Degica Co. Ltd., Electronic Arts Inc., Epic Games Inc., Firelight Technologies Pty Ltd., GameSalad Inc., Microsoft Corp., NVIDIA Corp., Perforce Software Inc., Playtech Plc, Scirra Ltd., Silicon Studio Corp., The Game Creators Ltd., Unity Technologies Inc., and ZeniMax Media Inc.. AI-Powered Market Evolution Insights. Our comprehensive market report ready with the latest trends, growth opportunities, and strategic analysis- View Free Sample Report PDF Forecast period 2025-2029 Base Year 2024 Historic Data 2019 - 2023 Segment Covered Component (Game engine and Audio engine), End-user (Enterprises and Individual), and Geography (North America, APAC, Europe, South America, and Middle East and Africa) Region Covered North America, APAC, Europe, South America, and Middle East and Africa Key companies profiled Adobe Inc., Amazon.com Inc., Apricot Investments Ltd., Audiokinetic Inc., Autodesk Inc., Bandicam Co., Degica Co. Ltd., Electronic Arts Inc., Epic Games Inc., Firelight Technologies Pty Ltd., GameSalad Inc., Microsoft Corp., NVIDIA Corp., Perforce Software Inc., Playtech Plc, Scirra Ltd., Silicon Studio Corp., The Game Creators Ltd., Unity Technologies Inc., and ZeniMax Media Inc. Key Market Trends Fueling Growth The integration of augmented reality and virtual reality (AR/VR) technology in gaming is driving the demand for advanced game development software. With the increasing popularity of AR/VR devices, game developers are shifting their focus towards these platforms. This trend is motivating enterprises to launch new AR/VR games and invest in game development software to meet the growing demand. For instance, Apple's planned launch of a VR/AR headset and AR glasses is expected to boost the market. Recent acquisitions, such as Facebook's purchase of BigBox VR, further underscore this trend. Overall, the adoption of AR/VR technology in gaming is fueling the growth of the game development software market. The game development software market is experiencing significant growth with various tools and technologies in use. Cross platform development is a trending approach, allowing the creation of games for multiple devices. Devopsment, such as Dependency Management and Continuous Integration, is essential for efficient game development. Tools like Unity and Unreal Engine are popular choices for game developers due to their versatility and features. Markets like Mobile, PC, and Console continue to dominate the industry, with Augmented Reality and Virtual Reality gaining traction. The use of Artificial Intelligence and Machine Learning in game development is also on the rise, enhancing player experience. Overall, the game development software market is dynamic and innovative, with new technologies and trends emerging regularly. Insights on how AI is driving innovation, efficiency, and market growth- Request Sample! Market Challenges Open-source game development software is gaining popularity in economies like India and China due to its affordability and cross-platform compatibility. SMEs and individual developers prefer this option for its low upfront costs and high flexibility. Notable open-source game development frameworks include Cocos2d-x from Xiamen Yaji Software Co. Ltd., Blender, Box2D, Delta Engine, Panda3D, PlayCanvas, and Starling. The widespread use of these tools is expected to impact the global game development software market by increasing competition and reducing demand for proprietary solutions.The game development software market faces several challenges. Costs are a significant issue, with high development costs for advanced graphics and features. Technical challenges include ensuring compatibility across various platforms and devices. The market is also competitive, with numerous players offering similar solutions. Additionally, keeping up with the latest technologies and trends is essential to remain competitive. Licenses and maintenance costs are ongoing expenses that add to the overall cost of using game development software. Furthermore, the need for continuous updates and improvements can be time-consuming and resource-intensive. Overall, the game development software market requires innovative solutions to address these challenges and provide cost-effective, efficient, and user-friendly software for developers. Insights into how AI is reshaping industries and driving growth- Download a Sample Report Segment Overview This game development software market report extensively covers market segmentation by ComponentGame EngineAudio EngineEnd-userEnterprisesIndividualGeographyNorth AmericaAPACEuropeSouth AmericaMiddle East And Africa 1.1 Game engine- The Game Development Software Market is a significant business sector, with numerous companies offering solutions for creating and publishing video games. These tools enable developers to design, build, and test games across various platforms. The market's growth is driven by increasing consumer demand for high-quality games and the continuous advancement of technology. Companies invest in research and development to enhance their offerings, catering to diverse gaming genres and user needs. The market's competition is fierce, with firms focusing on providing efficient, user-friendly, and cost-effective software to gain a competitive edge. Download complimentary Sample Report to gain insights into AI's impact on market dynamics, emerging trends, and future opportunities- including forecast (2025-2029) and historic data (2019 - 2023) Research Analysis The Game Development Software market is a dynamic and innovative sector in the Gaming Industry, offering various tools for creating immersive experiences using technologies like Augmented Reality (AR) and Virtual Reality (VR), powered by Artificial Intelligence (AI). User-friendly software is essential for Mobile Gaming on Smartphones and Tablets, with Cloud-Based Solutions enabling Cross Platform Development and reducing Development Costs. Unity and Unreal Engine are popular Game Development Tools, while Online Gaming, eSports, and Funding opportunities drive the market. Technical Changes, Open Source Tools, and Intellectual Property concerns are significant factors. Platform Dependency and Market Dispersion require Skills Access for successful development projects. Market Research Overview The Game Development Software Market encompasses a wide range of tools and technologies utilized for creating engaging and immersive video games. These solutions enable developers to design, build, and deploy games across various platforms, including PC, console, mobile, and virtual reality. Key features of game development software include real-time rendering, physics engines, animation tools, and integrated development environments. Additionally, these solutions support programming languages such as C++, C#, and Unity Script. The market is driven by the growing demand for advanced gaming experiences and the increasing popularity of esports and mobile gaming. Furthermore, the integration of artificial intelligence and machine learning technologies is expected to fuel market growth. Table of Contents: 1 Executive Summary 2 Market Landscape 3 Market Sizing 4 Historic Market Size 5 Five Forces Analysis 6 Market Segmentation ComponentGame EngineAudio EngineEnd-userEnterprisesIndividualGeographyNorth AmericaAPACEuropeSouth AmericaMiddle East And Africa 7 Customer Landscape 8 Geographic Landscape 9 Drivers, Challenges, and Trends 10 Company Landscape 11 Company Analysis 12 Appendix About Technavio Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. Contacts Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: media@technavio.com Website: www.technavio.com/ View original content to download multimedia:https://www.prnewswire.com/news-releases/game-development-software-market-to-grow-by-usd-70-7-billion-from-2025-2029--driven-by-pc-games-and-gaming-consoles-demand-with-ai-impact---technavio-302371170.html SOURCE Technavio Market News and Data brought to you by Benzinga APIs

Live Streaming Market to Grow by USD 20.64 Billion (2025-2029), Driven by Smartphone Penetration & Internet Access, with AI Redefining Landscape - Technavio

Enter your email to get Benzinga's ultimate morning update: The PreMarket Activity Newsletter NEW YORK, Feb. 12, 2025 /PRNewswire/ -- Report with market evolution powered by AI - The global live streaming market size is estimated to grow by USD 20.64 billion from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of 16.6% during the forecast period. Rising penetration of smartphones and easy access to internet is driving market growth, with a trend towards integration of advanced technologies with online streaming services. However, growing privacy regulations and security concerns poses a challenge. Key market players include AfreecaTV Corp., Alphabet Inc., Amazon.com Inc., Brightcove Inc., ByteDance Ltd., Flux Broadcast, Haivision Systems Inc., International Business Machines Corp., Meta Platforms Inc., MetaCDN, Microsoft Corp., Muvi LLC, Panopto Inc., StreamHatcher, Super Digital d.o.o., Tencent Holdings Ltd., Vimeo.com Inc., WaveFX, Wowza Media Systems LLC, and ZEGOCLOUD PTE. LTD.. AI-Powered Market Evolution Insights. Our comprehensive market report ready with the latest trends, growth opportunities, and strategic analysis- View Free Sample Report PDF Forecast period 2025-2029 Base Year 2024 Historic Data 2019 - 2023 Segment Covered Product (Platform and Services), End-user (Media and entertainment, Education, Esports, Events, and Others), and Geography (APAC, North America, Europe, South America, and Middle East and Africa) Region Covered APAC, North America, Europe, South America, and Middle East and Africa Key companies profiled AfreecaTV Corp., Alphabet Inc., Amazon.com Inc., Brightcove Inc., ByteDance Ltd., Flux Broadcast, Haivision Systems Inc., International Business Machines Corp., Meta Platforms Inc., MetaCDN, Microsoft Corp., Muvi LLC, Panopto Inc., StreamHatcher, Super Digital d.o.o., Tencent Holdings Ltd., Vimeo.com Inc., WaveFX, Wowza Media Systems LLC, and ZEGOCLOUD PTE. LTD. Key Market Trends Fueling Growth The live streaming market is booming with the rise of internet broadcasts, replacing traditional live television. On-demand video streaming and live content delivery are key trends, with video hosting solutions enabling real-time communication and virtual events. Video encoders and transcoders compress and convert video formats for efficient content delivery. HTML5 Video Player and streaming protocols ensure smooth video viewing on various devices. Multi-bitrate and adaptive bitrate streaming cater to different internet speeds. Real-time transmission allows for audience interaction via chat widgets and software. Virtual events, online education, sports coverage, concert streaming, video sales, and video game streams are popular applications. Streaming setup customization, video codecs, and RAW video support are essential for professional broadcasters. Global scale streaming setup requires efficient compression and encoding techniques. The general public enjoys streaming prerecorded videos, transmitted in real-time, on various media players and social media platforms. RealPlayer and RealNetworks pioneered webcasts and video streaming, paving the way for this dynamic industry. Advanced technologies like Artificial Intelligence (AI), deep learning, natural language processing, and blockchain are revolutionizing the live streaming market. AI enhances video production by assisting in cinematography, editing, voice-overs, scriptwriting, and various aspects of content creation. Leading streaming services, such as Hulu and YouTube, employ AI to improve video quality. Furthermore, blockchain technology's potential to decentralize communication in the industry offers new opportunities for online streaming providers. These technological advancements will significantly impact the live streaming market, creating a competitive landscape for service providers. Insights on how AI is driving innovation, efficiency, and market growth- Request Sample! Market Challenges The live streaming market encompasses internet broadcasts and live television, delivering on-demand videos and live content to viewers. Content delivery relies on video hosting solutions, video encoders, and transcoders, while HTML5 Video Player and streaming protocols ensure seamless video viewing. Challenges include video input device compatibility, latency, compression, encoding, and multi-bitrate/adaptive bitrate streaming. Real-time communication, virtual events, online education, sports coverage, concert streaming, video sales, and video game streams are popular applications. Customization, video codecs, and RAW video support are essential for streamers. Real-time transmission of information to the general public on a global scale requires efficient streaming setup and integration with social media platforms and media players.The live streaming market relies heavily on accessing user data, such as location and storage, to personalize content and deliver targeted notifications. However, the sale of this data by some companies poses a risk to smartphone users' privacy. In response, regulations like the General Data Protection Regulation (GDPR) have been implemented to safeguard user data. While these laws protect privacy, they also restrict access to user data, creating a balance between business needs and user privacy. The GDPR, accepted in April 2016 and enacted in Spring 2018, is the EU's primary data protection law, regulating how companies handle EU citizens' personal data. Insights into how AI is reshaping industries and driving growth- Download a Sample Report Segment Overview This live streaming market report extensively covers market segmentation by ProductPlatformServicesEnd-userMedia And EntertainmentEducationEsportsEventsOthersGeographyAPACNorth AmericaEuropeSouth AmericaMiddle East And Africa 1.1 Platform- The live streaming market is dominated by the platform segment, which is expected to remain the largest during the forecast period. Live streaming platforms enable users to access and play compressed video and audio content in real-time over the internet. Factors such as improved living standards, increased disposable income, easy internet access, rising smartphone penetration, and changing lifestyles are driving the market's growth. Vendors are investing in diverse content offerings to deliver personalized experiences to viewers. The education sector is a significant adopter of live streaming, with institutions creating multimedia content and delivering it as video presentations to enhance the learning experience. This sector's growth is attributed to the strong impact of visual recordings on information retention. Download complimentary Sample Report to gain insights into AI's impact on market dynamics, emerging trends, and future opportunities- including forecast (2025-2029) and historic data (2019 - 2023) Research Analysis The live streaming market encompasses various forms of Internet broadcasts, including live television and on-demand video streaming. Live content is delivered through content delivery networks using video hosting solutions and streaming protocols like RTMP, HLS, and MPEG-DASH. Video encoders and transcoders convert content into formats suitable for streaming, while HTML5 Video Player ensures cross-platform compatibility. Virtual events, online education, sports coverage, concerts, church services, local government meetings, and video game streams are popular use cases. Video input devices capture live footage, and compression and encoding technologies reduce file sizes for efficient streaming. Multi-bitrate and adaptive bitrate streaming cater to different internet speeds, while real-time communication enables interactive experiences. Security measures protect against piracy and unauthorized access. Market Research Overview Live streaming is the real-time transmission of video content over the internet for viewing by an audience. It includes internet broadcasts, live television broadcasts, and on-demand video streaming. Live content delivery relies on video hosting solutions, video encoders, and transcoders, as well as streaming protocols like RTMP and HTTP Live Streaming. Video input devices and compression techniques like encoding and multi-bitrate streaming ensure smooth transmission. HTML5 Video Player and customizable chat widgets facilitate audience interaction. Streaming can cover various sectors like virtual events, online education, sports coverage, concert streaming, video sales, video game streams, church services, local government meetings, and more. Real-time communication and information dissemination on a global scale make live streaming an essential tool for the general public and professional broadcasters alike. Streaming setup can be customized to various video codecs, including RAW video, and offers real-time transmission for various formats. Social media platforms have also integrated live streaming features, making it accessible to the masses. Table of Contents: 1 Executive Summary 2 Market Landscape 3 Market Sizing 4 Historic Market Size 5 Five Forces Analysis 6 Market Segmentation ProductPlatformServicesEnd-userMedia And EntertainmentEducationEsportsEventsOthersGeographyAPACNorth AmericaEuropeSouth AmericaMiddle East And Africa 7 Customer Landscape 8 Geographic Landscape 9 Drivers, Challenges, and Trends 10 Company Landscape 11 Company Analysis 12 Appendix About Technavio Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. Contacts Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: media@technavio.com Website: www.technavio.com/ View original content to download multimedia:https://www.prnewswire.com/news-releases/live-streaming-market-to-grow-by-usd-20-64-billion-2025-2029-driven-by-smartphone-penetration--internet-access-with-ai-redefining-landscape---technavio-302374315.html SOURCE Technavio Market News and Data brought to you by Benzinga APIs

Arcade Gaming Market to Grow by USD 2 Billion from 2025-2029, Rising Physical Activities to Boost Growth, Report with Market Evolution Powered by AI - Technavio

Enter your email to get Benzinga's ultimate morning update: The PreMarket Activity Newsletter NEW YORK, Feb. 10, 2025 /PRNewswire/ -- Report on how AI is driving market transformation - The global arcade gaming market size is estimated to grow by USD 2 billion from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of 1.9% during the forecast period. Increasing physical activities in arcade gaming is driving market growth, with a trend towards rising integration of VR in arcade games. However, high cost of arcade gaming machines poses a challenge. Key market players include Bandai Namco Holdings Inc., Bay Tek Entertainment Inc., Bowlero Corp., Capcom Co. Ltd., Chicago Gaming Co., CXC Simulations, D BOX Technologies Inc., Eleetus LLC, Helix Leisure USA Inc., Incredible Technologies Inc., Innovative Concepts in Entertainment Inc., International Games System Co. Ltd., Neofuns Amusement Equipment Co. Ltd., Nintendo Co., Ltd., PrimeTime Amusements, Sega Sammy Holdings Inc., Square Enix Holdings Co. Ltd., UNIS Technology Ltd., Valley Dynamo Inc., and Vesaro Ltd.. Key insights into market evolution with AI-powered analysis. Explore trends, segmentation, and growth drivers- View Free Sample PDF Arcade Gaming Market Scope Report Coverage Details Base year 2024 Historic period 2019 - 2023 Forecast period 2025-2029 Growth momentum & CAGR Accelerate at a CAGR of 1.9% Market growth 2025-2029 USD 1999.9 million Market structure Fragmented YoY growth 2022-2023 (%) 1.9 Regional analysis APAC, North America, Europe, Middle East and Africa, and South America Performing market contribution APAC at 51% Key countries China, US, Japan, Germany, India, Canada, UK, France, Saudi Arabia, and Brazil Key companies profiled Bandai Namco Holdings Inc., Bay Tek Entertainment Inc., Bowlero Corp., Capcom Co. Ltd., Chicago Gaming Co., CXC Simulations, D BOX Technologies Inc., Eleetus LLC, Helix Leisure USA Inc., Incredible Technologies Inc., Innovative Concepts in Entertainment Inc., International Games System Co. Ltd., Neofuns Amusement Equipment Co. Ltd., Nintendo Co., Ltd., PrimeTime Amusements, Sega Sammy Holdings Inc., Square Enix Holdings Co. Ltd., UNIS Technology Ltd., Valley Dynamo Inc., and Vesaro Ltd. Market Driver Arcade gaming is experiencing a resurgence in public spaces such as malls and restaurants. Amusement arcades are once again becoming popular destinations for consumers, offering a mix of arcade games, simulation games, mechanical games, and electrical display games. The genres include racing, shooting, sports, action, and more. This trend is driven by the desire for physical activity and potential health benefits. The online gambling sector, including remote betting on football wagers and horse racing, is also impacting the market. However, arcade gaming remains distinct from gambling, focusing on entertainment and lifestyle change. Carnival games, merchandiser games, pinball machines, slot machines, and coin machine games continue to be staples. Gaming hubs are expanding, using advanced machines and technology, and offering levels and scoring features to enhance the consumer experience. Toys, amusement parks, anime, and lifestyle are also influencing the market. The affordability and accessibility of arcade gaming, combined with the popularity of virtual reality and online streaming, are driving growth. Consumers are drawn to the technology, competitions, and e-sports, as well as the social aspect of gaming parlors. The future of arcade gaming is bright, with continued innovation and expansion in the residential and commercial sectors. Virtual Reality (VR) technology is gaining popularity in the gaming industry, particularly in the entertainment sector. VR solutions aim to create a realistic virtual environment, immersing users into a virtual world. In recent years, VR-based arcade games have emerged as a new trend. Vertigo, a leading provider of VR games and location-based entertainment (LBE), is expanding its portfolio in this area. This strategic alliance will result in an increase in the number of VR arcade games. The recent Amusement Expo International (AEI) convention in Las Vegas showcased the latest VR technology in arcades and other LBE games. Request Sample of our comprehensive report now to stay ahead in the AI-driven market evolution! Market Challenges Arcade gaming market encompasses various genres of games including video, simulation, mechanical, and electrical display in public spaces like malls, restaurants, and amusement arcades. Challenges include adapting to changing consumer preferences and lifestyle, integrating technology like virtual reality and online streaming, and competing with residential and commercial gaming hubs. Public places, such as game parlors and amusement parks, offer physical activity and health benefits, contrasting the online gambling sector with remote betting on football wagers, horse racing, and other games. The market includes various types of machines like pinball, slot, and coin machines, as well as carnival and merchandiser games. Consumer demand for affordability and popularity of genres like racing, shooting, sports, and action drive market growth. Levels and scoring features keep consumers engaged, while machines' technology advances. Toys, anime, and lifestyle trends also influence the market. With increasing internet penetration, online competitions and e-sports are emerging trends.The arcade gaming market faces a substantial challenge due to the high cost of arcade gaming machines. These machines, featuring specialized hardware and engaging interfaces, necessitate considerable investment from operators and developers. The expense of creating, acquiring, and maintaining these machines influences market dynamics, including pricing strategies and consumer accessibility. For example, advanced arcade gaming machines, such as those incorporating virtual and augmented reality technologies, entail substantial research and development costs. This is illustrated by the creation of VR-integrated arcade gaming systems like The Void, which provides players with and interactive experiences at various physical locations. Discover how AI is revolutionizing market trends- Get your access now! Segment Overview This arcade gaming market report extensively covers market segmentation by End-userGaming HubsSemi-commercialResidentialGenreRacingShootingSportsActionTypeVideo GamesSimulation GamesMechanical GamesGeographyAPACNorth AmericaEuropeMiddle East And AfricaSouth AmericaPowerElectricBatteryHybridControl MechanismJoystickButtonsTrackballMotion Controls 1.1 Gaming hubs- The arcade gaming market's largest segment in 2024 and throughout the forecast period is gaming hubs. These establishments use expensive arcade gaming machines, making them the only viable option for consumers to experience such gaming. The market's maturity notwithstanding, advanced technologies like gaming simulators are still expanding, attracting businesses due to their value proposition. Vendors provide simulation-based games to gaming hubs, primarily appealing to teenagers and Millennials. For instance, CXC Simulations offers Motion Pro II, a racing simulator, to centers specializing in racing arcade games. Such innovations are expected to boost the demand for arcade gaming in hubs, fueling the growth of the global arcade gaming market's gaming hub segment. Download a Sample of our comprehensive report today to discover how AI-driven innovations are reshaping competitive dynamics Research Analysis Arcade gaming refers to the use of coin-operated or free-play electronic games found in public spaces such as malls, restaurants, and amusement arcades. These games, which include video games, simulation games, mechanical games, and electromechanical games, offer a wide range of genres like racing, shooting, sports, action, and more. Arcade games are often found in commercial areas and gaming hubs, providing consumers and competitive experience. Electrical display games, with their bright lights and attention-grabbing graphics, are a staple in these environments. Popular genres like racing, shooting, and sports offer various levels and scoring features to keep players engaged. Mechanical games, such as slot machines and coin machine games, also have a strong presence in arcades. Public places like game parlors provide an ideal setting for arcade gaming, offering a social atmosphere where people can gather, compete, and have fun. Arcade gaming continues to be a popular form of entertainment, appealing to both residential and commercial consumers alike. Market Research Overview Arcade gaming refers to the use of electronic games in public spaces such as malls, restaurants, and amusement arcades. Arcade games encompass various genres including simulation, racing, shooting, sports, action, and more. These games can be found in mechanical and electrical display formats, with popular genres like racing, shooting, and sports drawing large crowds. Arcade gaming is not just limited to commercial spaces, as residential gaming hubs have also emerged as a trend. Physical activity in arcade gaming offers health benefits, making it an attractive lifestyle choice for consumers. The online gambling sector, including remote betting on football wagers, horse betting, and other games, has also found a home in arcade gaming. The rise of technology and virtual reality has further boosted the popularity of arcade gaming, with online streaming and competitions in e-sports becoming increasingly common. Affordability and accessibility are key factors driving the popularity of arcade gaming. Consumers can enjoy a wide range of games, from classic coin machine games to modern simulation and action titles. Arcade gaming also offers a social experience, with consumers often gathering in groups to play and compete. Amusement parks and anime culture have also contributed to the popularity of arcade gaming, with merchandiser games, pinball machines, and slot machines being popular attractions. The technology behind arcade machines continues to evolve, with new levels and scoring features adding to the excitement. Overall, arcade gaming offers a unique blend of entertainment, physical activity, and social interaction, making it a popular choice for consumers across various demographics and lifestyles. Table of Contents: 1 Executive Summary 2 Market Landscape 3 Market Sizing 4 Historic Market Size 5 Five Forces Analysis 6 Market Segmentation End-userGaming HubsSemi-commercialResidentialGenreRacingShootingSportsActionTypeVideo GamesSimulation GamesMechanical GamesGeographyAPACNorth AmericaEuropeMiddle East And AfricaSouth AmericaPowerElectricBatteryHybridControl MechanismJoystickButtonsTrackballMotion Controls 7 Customer Landscape 8 Geographic Landscape 9 Drivers, Challenges, and Trends 10 Company Landscape 11 Company Analysis 12 Appendix About Technavio Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. Contacts Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: media@technavio.com Website: www.technavio.com/ View original content to download multimedia:https://www.prnewswire.com/news-releases/arcade-gaming-market-to-grow-by-usd-2-billion-from-2025-2029-rising-physical-activities-to-boost-growth-report-with-market-evolution-powered-by-ai---technavio-302371889.html SOURCE Technavio Market News and Data brought to you by Benzinga APIs

Gambling Market to Grow by USD 339.9 Billion from 2025-2029, E-Sports Betting Boosting Revenue, AI Driving Market Transformation- Technavio

Enter your email to get Benzinga's ultimate morning update: The PreMarket Activity Newsletter NEW YORK, Feb. 10, 2025 /PRNewswire/ -- Report with the AI impact on market trends - The global gambling market size is estimated to grow by USD 339.9 billion from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of almost 8.1% during the forecast period. Increasing betting on e-sports is driving market growth, with a trend towards introduction of bitcoin gambling. However, security and credibility issues associated with online gambling poses a challenge. Key market players include 888 Holdings plc, Bet365 Group Ltd., Betsson AB, Caesars Entertainment Inc., Camelot UK Lotteries Ltd., Crown Resorts Limited, Entain Plc, EquiLottery LLC, Flutter Entertainment Plc, Freaks 4U Gaming GmbH, Galaxy Entertainment Group Ltd., Gateway Casinos and Entertainment Ltd., International Game Technology plc, INTRALOT SA, Kindred Group Plc, Las Vegas Sands Corp, MGM Resorts International, New York State Gaming Commission, SkyCity Entertainment Group, and The Betway Group. AI-Powered Market Evolution Insights. Our comprehensive market report ready with the latest trends, growth opportunities, and strategic analysis- View Free Sample Report PDF Forecast period 2025-2029 Base Year 2024 Historic Data 2019 - 2023 Segment Covered Type (Lottery, Betting, and Casino), Platform (Offline and Online), and Geography (North America, APAC, Europe, South America, and Middle East and Africa) Region Covered North America, APAC, Europe, South America, and Middle East and Africa Key companies profiled 888 Holdings plc, Bet365 Group Ltd., Betsson AB, Caesars Entertainment Inc., Camelot UK Lotteries Ltd., Crown Resorts Limited, Entain Plc, EquiLottery LLC, Flutter Entertainment Plc, Freaks 4U Gaming GmbH, Galaxy Entertainment Group Ltd., Gateway Casinos and Entertainment Ltd., International Game Technology plc, INTRALOT SA, Kindred Group Plc, Las Vegas Sands Corp, MGM Resorts International, New York State Gaming Commission, SkyCity Entertainment Group, and The Betway Group Key Market Trends Fueling Growth Bitcoin, a digital and decentralized currency, offers several advantages for the gambling market. Transactions using bitcoins provide anonymity and are not regulated by central banks, allowing users to withhold personal details. Bitcoin facilitates international transactions, easy deposits and withdrawals, lower fraud risks, quick payments, and zero transaction fees. The versatility of bitcoin transactions caters to various online gambling activities, such as lotteries and e-sports betting, enhancing customer satisfaction. The rising popularity of online gambling is expected to boost the use of bitcoins, expanding the global gambling market during the forecast period. The online gambling market is experiencing significant growth, driven by technology advancements and increasing internet penetration. Key trends include the integration of Artificial Intelligence and Machine Learning for personalized user experiences, and the use of Augmented Reality (AR) in Casino gambling for gaming. Digital currency and Blockchain technology are also gaining popularity for secure and anonymous transactions. Brands are leveraging major athletic events, films, and television programs to attract viewers, offering Freemium models and various Payment Options. Mobile gambling is on the rise, with the penetration of smartphones and modern phones enabling convenient access to Online betting platforms and services. Bookmakers are innovating with Online payment gateways and Product innovations to cater to the needs of Internet users in Emerging nations. Sports betting, Horse racing contests, and Sports games continue to dominate the market, with streaming content and Tournaments driving engagement. Insights on how AI is driving innovation, efficiency, and market growth- Request Sample! Market Challenges Online gambling market growth is hindered by significant security and credibility concerns. Many gambling websites lack dispute resolution mechanisms, transparency in cash prize payouts, and adhere to fair and responsible gaming standards. These issues undermine the credibility of operators and platform providers, discouraging new users and limiting market expansion. Moreover, online gambling platforms are susceptible to cyberattacks, with user data, including bank details and credit card numbers, at risk. Offshore casinos often lack advanced cybersecurity technologies, increasing vulnerability. Some websites employ poker bots, artificially inflating betting amounts. To mitigate these challenges, operators must prioritize authentication, cryptographic techniques, software protection, and vulnerability scanning. Neglecting these measures could hinder the global gambling market's growth during the forecast period.The online gambling market faces several challenges in the modern business landscape. Freemium models, popularized by Gaming Realms and others, require careful balance to monetize user engagement. Horse racing contests and major athletic events attract large viewerships, driving demand for online betting. Internet penetration and the growing number of internet users create vast opportunities, but a clear legislative framework is essential. Technology advancements, such as machine learning and virtual reality (VR), offer product innovations, with mobile gambling on smartphones and tablets becoming increasingly popular. Online payment gateways and virtual payment systems must provide diverse payment options for users. Primary factors like sports betting, sports games, streaming content, and television programs fuel market growth. Tournaments and tourneys on virtual platforms are also gaining traction, making VR and virtual wagering key trends to watch. Insights into how AI is reshaping industries and driving growth- Download a Sample Report Segment Overview This gambling market report extensively covers market segmentation by TypeLotteryBettingCasinoPlatformOfflineOnlineGeographyNorth AmericaAPACEuropeSouth AmericaMiddle East And Africa 1.1 Lottery- The gambling market is a significant business sector, generating substantial revenue worldwide. It includes various forms such as casinos, sports betting, lotteries, and online gambling. The market's growth is driven by increasing consumer interest and technological advancements. Companies offer various promotions and bonuses to attract customers. Regulations and safety measures ensure fair play and consumer protection. The market's future looks promising with ongoing innovation and expanding consumer base. Download complimentary Sample Report to gain insights into AI's impact on market dynamics, emerging trends, and future opportunities- including forecast (2025-2029) and historic data (2019 - 2023) Research Analysis The gambling market has experienced significant growth in recent years, driven primarily by the increasing number of internet users and the penetration of smartphones. Modern smartphones and Internet penetration have made online gambling services more accessible than ever before. Augmented reality, machine learning, and artificial intelligence are transforming the industry, providing experiences and personalized recommendations. Virtual reality (VR) and sports betting are popular categories, with desktop and online gambling platforms offering a wide range of casino games, sports games, and virtual wagering. Freemium models and virtual payment gateways, including digital currency, have also gained traction in the market. Virtual tournaments add an extra layer of excitement for players. Overall, the future of the gambling market looks bright, with continuous innovation and technological advancements shaping the landscape. Market Research Overview The online gambling market is experiencing significant growth due to technology advancements and increasing internet penetration. Artificial intelligence and machine learning are revolutionizing the industry, enhancing user experience through personalized recommendations and real-time analysis. Augmented reality (AR) and virtual reality (VR) are transforming casino gambling into experiences. Blockchain technology ensures secure digital currency transactions and virtual payment gateways. Major athletic events, football championships, and horse racing contests attract millions of viewers, driving the demand for online betting and digital betting platforms. The penetration of smartphones and modern mobile phones has made mobile gambling increasingly popular. Product innovations, such as freemium models and streaming content, are also contributing to the market's growth. Emerging nations with growing internet users are also becoming significant contributors to the online gambling market. The legislative framework varies across regions, impacting the market dynamics. Sports betting, sports games, and tournaments remain popular categories, with brands offering various payment options to cater to diverse customer needs. Technology advancements continue to shape the online gambling landscape, with virtual platforms and virtual wagering gaining traction. Table of Contents: 1 Executive Summary 2 Market Landscape 3 Market Sizing 4 Historic Market Size 5 Five Forces Analysis 6 Market Segmentation TypeLotteryBettingCasinoPlatformOfflineOnlineGeographyNorth AmericaAPACEuropeSouth AmericaMiddle East And Africa 7 Customer Landscape 8 Geographic Landscape 9 Drivers, Challenges, and Trends 10 Company Landscape 11 Company Analysis 12 Appendix About Technavio Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. Contacts Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: media@technavio.com Website: www.technavio.com/ View original content to download multimedia:https://www.prnewswire.com/news-releases/gambling-market-to-grow-by-usd-339-9-billion-from-2025-2029--e-sports-betting-boosting-revenue-ai-driving-market-transformation--technavio-302371963.html SOURCE Infiniti Research, Inc. Market News and Data brought to you by Benzinga APIs

Music Production Software Market to Grow by USD 432.8 Million (2025-2029), Driven by Rising Musicians & Artists, with AI Redefining Market Landscape - Technavio

Enter your email to get Benzinga's ultimate morning update: The PreMarket Activity Newsletter NEW YORK , Feb. 11, 2025 /PRNewswire/ -- Report with market evolution powered by AI - The global music production software market size is estimated to grow by USD 432.8 million from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of almost 7.7% during the forecast period. Rising number of musicians and artists is driving market growth, with a trend towards growing use of ai for music production. However, easy availability of open-source software for music production software poses a challenge. Key market players include Ableton AG, Acon AS, Acoustica Inc., Adobe Inc., Apple Inc., Avid Technology Inc., Bitwig GmbH, Cockos Inc., GoldWave Inc., Image Line Software NV, iZotope Inc., MAGIX Software GmbH, MOTU Inc., MuTools, NCH SOFTWARE Pty Ltd., Peaksware Holdings LLC, PreSonus Audio Electronics Inc., Reason Studios AB, Serato Ltd., and Yamaha Corp.. AI-Powered Market Evolution Insights. Our comprehensive market report ready with the latest trends, growth opportunities, and strategic analysis- View Free Sample Report PDF Forecast period 2025-2029 Base Year 2024 Historic Data 2019 - 2023 Segment Covered End-user (Professionals and Non-professionals), Type (Editing, Mixing, and Recording), and Geography (North America, Europe, APAC, South America, and Middle East and Africa) Region Covered North America, Europe, APAC, South America, and Middle East and Africa Key companies profiled Ableton AG, Acon AS, Acoustica Inc., Adobe Inc., Apple Inc., Avid Technology Inc., Bitwig GmbH, Cockos Inc., GoldWave Inc., Image Line Software NV, iZotope Inc., MAGIX Software GmbH, MOTU Inc., MuTools, NCH SOFTWARE Pty Ltd., Peaksware Holdings LLC, PreSonus Audio Electronics Inc., Reason Studios AB, Serato Ltd., and Yamaha Corp. Key Market Trends Fueling Growth The music production software market is experiencing significant trends, with a focus on social media integration, artificial intelligence, and cloud-based solutions. Electronic dance music producers in home studios benefit from AI-powered music creation and digital audio workstations (DAWs) with machine learning algorithms. Technological advancements include AI-virtual instruments, automated mixing, and audio environments. Cloud technology enables access to music production services and collaboration tools, making it more democratized for younger generations. Freemium and subscription-based models offer flexible pricing, while digital tools cater to various music genres and formats. Operating systems and music production apps cater to diverse creative processes, education, and the music industry's need for high-quality recordings and innovative productions. Background scores, jingles, and music production for entertainment are also gaining traction. Overall, these trends represent a sophisticated, centralized hub for music production and consumption. Advanced technologies, specifically artificial intelligence (AI) and cloud technology, have significantly enhanced the music production process. Musicians and artists are utilizing AI for refining human-generated music through editing and mastering. AI-based music composing tools, like Orb Composer 1.5 by HEXACHORDS ENTERTAINMENT SL, are being adopted for music production. AI automates music production by emulating cognitive skills, discovering and learning music production patterns. Consequently, many music software production companies are focusing on AI technology integration for music creation. Insights on how AI is driving innovation, efficiency, and market growth- Request Sample! Market Challenges The music production software market is experiencing significant changes due to various challenges. Social media platforms are transforming music discovery and promotion, requiring music production tools to adapt. Artificial intelligence and machine learning algorithms are revolutionizing music creation with AI-powered music production and virtual instruments. Perpetual licenses are being replaced by cloud-based solutions, making digital audio workstations more accessible. Technological advancements like automated mixing, audio environments, and collaborative tools are democratizing music production for home studios and younger generations. Electronic dance music and other genres are driving innovation in digital audio production. Freemium and subscription-based models offer entry-level access to music production apps and services. Operating systems and formats continue to evolve, while background scores, jingles, and music production for entertainment industries require high-quality recordings. Music production firms leverage cloud technology and sophisticated tools to meet client demands. Music production apps and services are becoming the central hub for music creation, mixing, editing, and collaboration in the music industry.Open-source music production software poses a challenge to proprietary providers in the music production market. The open-source software's availability on web portals, developed by a community of engineers, offers benefits such as free usage and support, preventing vendor lock-in. Notable options include Audacity, Ardour, LMMS, and Mixxx. Audacity, a multi-track audio editor and recorder, is accessible on Windows and Mac OS devices, making it a preferred choice for music producers worldwide. Insights into how AI is reshaping industries and driving growth- Download a Sample Report Segment Overview This music production software market report extensively covers market segmentation by End-userProfessionalsNon-professionalsTypeEditingMixingRecordingGeographyNorth AmericaEuropeAPACSouth AmericaMiddle East And Africa 1.1 Professionals- The music production software market caters to end-users such as musicians, DJs, and music production companies. With the expanding film industry, the demand for high-quality audio and video content is surging. Film producers invest in advanced music production software to enhance their productions, utilizing it for composing, recording, editing, mixing, and mastering. The global film industry's growth rate necessitates continuous software development and updates from providers. New features, security patches, and notifications encourage professionals to invest more. Additionally, the increasing number of musicians and artists, fueled by music streaming services and the popularity of remixes, drive market growth. For instance, Apple's Logic Pro X update in November 2023, featuring tempo detection technology and professional sound-shaping tools, caters to musicians producing electronic music. These advancements will contribute to the expansion of the professionals segment in the global music production software market. Download complimentary Sample Report to gain insights into AI's impact on market dynamics, emerging trends, and future opportunities- including forecast (2025-2029) and historic data (2019 - 2023) Research Analysis The Music Production Software market is a dynamic and innovative industry, offering a wide range of tools and solutions for composers, producers, and musicians. From AI music composers that generate customized music based on specific parameters, to software for film scoring and music distribution, there's a solution for every need. Music production workflow is streamlined with advanced techniques and tips available through tutorials and reviews. Mobile music production is on the rise, with software for iOS and free options available for Android. Electronic music production is a popular niche, with plugins for various genres such as hip hop, electronic, and pop. Music education and licensing are also important aspects of the market, with virtual and augmented reality technologies adding new dimensions to music creation. Audio mixing software, audio engineering tools, and audio mastering solutions complete the offerings, catering to the diverse needs of music creators in various industries, including podcasting, game audio, and live performance. Market Research Overview Music production software has seen significant advancements in recent years, with innovations like social media integration, artificial intelligence, and cloud-based solutions revolutionizing the way music is created and produced. Digital audio workstations (DAWs) and recording tools have become more sophisticated, allowing home studios to rival professional recording facilities. Electronic dance music (EDM) and other genres have benefited from AI-powered music creation, virtual instruments, and automated mixing. Technological advancements have democratized music production, making it more accessible to younger generations and music enthusiasts. Cloud technology enables cloud-based music production, music production services, and collaboration tools, allowing producers to work together in real-time. Machine learning algorithms and AI-powered music production apps have made the creative process more efficient and effective. Operating systems and music production software are available for various formats, including freemium and subscription-based models. The music industry continues to evolve, with audio environments, high-quality recordings, and innovative formats becoming the norm. Music production firms offer jingles, background scores, and other music production services to businesses and individuals. Music consumption trends have led to an increased demand for music production tools and services, making it an exciting time for music creators and producers. Table of Contents: 1 Executive Summary 2 Market Landscape 3 Market Sizing 4 Historic Market Size 5 Five Forces Analysis 6 Market Segmentation End-userProfessionalsNon-professionalsTypeEditingMixingRecordingGeographyNorth AmericaEuropeAPACSouth AmericaMiddle East And Africa 7 Customer Landscape 8 Geographic Landscape 9 Drivers, Challenges, and Trends 10 Company Landscape 11 Company Analysis 12 Appendix About Technavio Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. Contacts Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: media@technavio.com Website: www.technavio.com/ View original content to download multimedia:https://www.prnewswire.com/news-releases/music-production-software-market-to-grow-by-usd-432-8-million-2025-2029-driven-by-rising-musicians--artists-with-ai-redefining-market-landscape---technavio-302372150.html SOURCE Technavio Market News and Data brought to you by Benzinga APIs

Movie Production Market to Grow by USD 90.4 Billion (2025-2029), Driven by Global Box Office Popularity, with AI Redefining Market Landscape - Technavio

Enter your email to get Benzinga's ultimate morning update: The PreMarket Activity Newsletter NEW YORK, Feb. 11, 2025 /PRNewswire/ -- Report with market evolution powered by AI - The global movie production market size is estimated to grow by USD 90.4 billion from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of 14.6% during the forecast period. Growing popularity of global box office is driving market growth, with a trend towards increased focus on digital movie screens. However, growing threat of piracy poses a challenge. Key market players include A24 Films LLC, Annapurna Productions LLC, Anonymous Content, Dharma Productions Pvt. Ltd., Eros International Media Ltd., Legend Pictures LLC, Lions Gate Entertainment Corp., MGM Studios, Paramount Global, RatPac Entertainment LLC, Red Chillies Entertainments Pvt. Ltd., Sony Pictures Entertainment Inc., Storyteller Distribution Co. LLC, Technicolor SA, The Walt Disney Co., UltraV Holdings LLC, Universal Pictures, Village Roadshow Ltd., Warner Bros. Entertainment Inc., and Yash Raj Films Pvt. Ltd.. AI-Powered Market Evolution Insights. Our comprehensive market report ready with the latest trends, growth opportunities, and strategic analysis- View Free Sample Report PDF Forecast period 2025-2029 Base Year 2024 Historic Data 2019 - 2023 Segment Covered Language (English, French, Spanish, Mandarin, and Others), Genre (Drama, Action, Comedy, and Others), Geography (North America, Europe, APAC, Middle East and Africa, and South America), and Product (Movies, Music, and Videos) Region Covered North America, Europe, APAC, Middle East and Africa, and South America Key companies profiled A24 Films LLC, Annapurna Productions LLC, Anonymous Content, Dharma Productions Pvt. Ltd., Eros International Media Ltd., Legend Pictures LLC, Lions Gate Entertainment Corp., MGM Studios, Paramount Global, RatPac Entertainment LLC, Red Chillies Entertainments Pvt. Ltd., Sony Pictures Entertainment Inc., Storyteller Distribution Co. LLC, Technicolor SA, The Walt Disney Co., UltraV Holdings LLC, Universal Pictures, Village Roadshow Ltd., Warner Bros. Entertainment Inc., and Yash Raj Films Pvt. Ltd. Key Market Trends Fueling Growth Movie production market is thriving with new trends shaping the industry. Theaters continue to be a key revenue source, but digital platforms are gaining popularity. 3D films and virtual reality (VR) are on the rise, with streaming services like IPTV, Digital newspapers, DTH, and Digital cable leading the charge. Millennials prefer watching movies and TV shows on the Internet, driving growth in the online streaming market. Hollywood, local production houses, and film studios are adapting to this shift, producing content for screens of all sizes. Streaming services and social media platforms are disrupting traditional film distribution, with studios and broadcasters collaborating with OTT platforms. Chinese, Japanese, Indian, Philippine, Vietnamese, Australian, and general entertainment movies & music are increasingly available online. Creative writing, music, and TV shows are in demand, with production companies and distribution companies playing crucial roles. Smart devices like tablets, laptops, and mobile phones make on-the-go viewing a reality. Hit shows like Squid Games prove the power of digital content. The future of movie production is exciting, with innovation at every turn. The global movie production market is experiencing significant growth due to the expansion of digital movie screens globally. This trend is driven by the availability of a diverse range of films from various regions, languages, and genres, as well as rising disposable incomes. In particular, emerging markets are showing strong growth. With consumers seeking superior entertainment experiences, investments in new digital movie theaters are increasing. The primary format for films is now Digital Cinema Packages (DCPs), which have replaced traditional 35-mm film prints. A DCP is a collection of digital files used for movie projection in theaters. This shift to digital technology is a key factor fueling market growth. Insights on how AI is driving innovation, efficiency, and market growth- Request Sample! Market ChallengesMovie production market faces various challenges in today's dynamic media landscape. Traditional theaters compete with live streaming services like IPTV, Digital cable, DTH, and streaming platforms. Millennials prefer watching movies and TV shows on their smart devices, including tablets, laptops, and mobile phones. 3D films and virtual reality (VR) are disrupting the industry, while online streaming market for movies, music, and videos continues to grow. Film distributors, Hollywood studios, and local production houses face competition from streaming services and social media platforms. Box office collections depend on cinema chains and OTT platforms. China, Japan, India, Philippines, Vietnam, Australia, and other countries contribute unique movies and music to the market. Production companies, distribution companies, film studios, broadcasters, and cinema chains collaborate to meet consumer demands. Creative writing, music, and TV shows are essential components of this evolving industry. Film piracy is an unauthorized activity that negatively impacts the movie production market. With the rise of online movie ticket booking services, the convenience they offer has made them a popular platform for accessing and downloading pirated content. This illegal activity harms the profitability of the movie industry as it provides a free alternative to paying for legitimate movie watching channels. In the global movie production market, film piracy can significantly reduce revenue for movie producers and distributors, potentially impacting future investments in film production. Insights into how AI is reshaping industries and driving growth- Download a Sample Report Segment Overview This movie production market report extensively covers market segmentation by LanguageEnglishFrenchSpanishMandarinOthersGenreDramaActionComedyOthersGeographyNorth AmericaEuropeAPACMiddle East And AfricaSouth AmericaProductMoviesMusicVideos 1.1 English- The English movie production market is dominated by key vendors such as Warner Bros and Walt Disney, known for their extensive film libraries. Walt Disney Studios, in particular, boasts a collection of over 5,500 live-action and animated movies, spanning a century of production history. In 2023, the Studios Division of Walt Disney introduced about fifty films and thirty television shows for their direct-to-consumer (DTC) platform, in addition to the Fox brands' offerings. These channels broadcast thematically branded English content, including genres like comedy, crime, and more, across the globe. Advancements in technology continue to shape the English movie production landscape. For instance, 360-degree videos, which record all angles of a movie set, have emerged as a trend. These videos, along with virtual reality (VR), are the latest advances in digital content after 3D, 4D, and 5D technologies. VR is particularly noteworthy, as it is being extensively used in English movies to create experiences for audiences. These technological innovations are expected to drive the growth of the English movie production market during the forecast period. Download complimentary Sample Report to gain insights into AI's impact on market dynamics, emerging trends, and future opportunities- including forecast (2025-2029) and historic data (2019 - 2023) Research Analysis The Movie Production Market is a dynamic and ever-evolving industry that encompasses various modes of watching, from traditional cinemas to emerging technologies like Virtual Reality (VR) and Online Streaming. The market includes 3D films, IPTV, Digital newspapers, DTH, and Digital cable, providing diverse options for audiences worldwide. The market is rich with content from various genres, including General Entertainment Movies, Chinese Movies & Music, Japanese Movies & Music, Indian Movies & Music, Philippine Movies & Music, Vietnam Movies & Music, Australian Movies & Music, and more. Production houses are the backbone of this industry, employing creative writing, music, and TV shows to bring stories to life. The recent phenomenon of shows like "Squid Games" has further fueled the growth of the market, making it an exciting space to watch. Market Research Overview The Movie Production Market is a dynamic and ever-evolving industry that encompasses various forms of media and technology. Movies, once a staple of traditional theaters, now find a home on various platforms, including IPTV, Digital newspapers, DTH, and Digital cable. Streaming platforms like Netflix, Amazon Prime, and Disney+ have revolutionized the way we consume content, with Millennials leading the shift towards online streaming. 3D films and Virtual Reality (VR) are pushing the boundaries of cinematic experience, while Television and Music & videos continue to dominate the residential and commercial sectors. Film distributors play a crucial role in bringing these productions to various screens, from Hollywood blockbusters to local productions from China, Japan, India, the Philippines, Vietnam, Australia, and beyond. Production companies, studios, and broadcasters collaborate to create engaging content, while cinemas and OTT platforms adapt to the changing landscape. Social media platforms have become essential marketing tools, with shows like "Squid Games" breaking records and sparking global conversations. Smart devices, from tablets to laptops and mobile phones, make it easier than ever to access this content, making the Movie Production Market an exciting and innovative space to watch. Table of Contents: 1 Executive Summary 2 Market Landscape 3 Market Sizing 4 Historic Market Size 5 Five Forces Analysis 6 Market Segmentation LanguageEnglishFrenchSpanishMandarinOthersGenreDramaActionComedyOthersGeographyNorth AmericaEuropeAPACMiddle East And AfricaSouth AmericaProductMoviesMusicVideos 7 Customer Landscape 8 Geographic Landscape 9 Drivers, Challenges, and Trends 10 Company Landscape 11 Company Analysis 12 Appendix About Technavio Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. Contacts Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: media@technavio.com Website: www.technavio.com/ View original content to download multimedia:https://www.prnewswire.com/news-releases/movie-production-market-to-grow-by-usd-90-4-billion-2025-2029-driven-by-global-box-office-popularity-with-ai-redefining-market-landscape---technavio-302372929.html SOURCE Technavio Market News and Data brought to you by Benzinga APIs

Music Streaming Market to Grow by USD 53.49 Billion (2025-2029), Driven by Growing Preference for Streaming Services, with AI Driving Market Transformation - Technavio

Enter your email to get Benzinga's ultimate morning update: The PreMarket Activity Newsletter NEW YORK, Feb. 12, 2025 /PRNewswire/ -- Report with the AI impact on market trends - The music streaming market and it is set to grow by USD 53.49 billion from 2025 to 2029. However, the growth momentum will progressing at a CAGR of over 19% during the forecast period, according to Technavio. The music streaming market is fragmented, and the vendors are seeking strong partnerships with automotive, industrial, and commercial companies to compete in the market. Amazon.com Inc., Apple Inc., Bharti Airtel Ltd., Curb Records Inc., Deezer SA, Gamma Gaana Ltd., Google LLC, iHeartMedia Inc., JioSaavn, KKBOX, Meredith Corp., Mixcloud Ltd., RealNetworks Inc., Sirius XM Holdings Inc., SoundCloud Global Ltd. And Co. KG, SOUNDMACHINE, Soundtrack Your Brand Sweden AB, Spotify Technology SA, Tencent Holdings Ltd., and TuneIn Inc. Are some of the major market participants -. To know about the vendor offerings - Request a sample report Music Streaming Market 2025-2029: Scope Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The music streaming market report covers the following areas: Music Streaming Market SizeMusic Streaming Market TrendsMusic Streaming Market Industry AnalysisPorter's Five Forces AnalysisCustomer Landscape The music streaming market is fragmented, and the degree of fragmentation will accelerate. The increasing preference for music streaming services will offer immense growth opportunities. However, the Lack of ownership in music streaming will hamper the market growth Music Streaming Market 2025-2029: Drivers & Challenges The Music Streaming Market is experiencing significant growth, driven by various factors. Consumers in restaurants, cafeterias, salons, and gyms increasingly prefer application- or web-based platforms for accessing audio and video content on-demand. Cloud-based infrastructure enables live streaming, rewind, fastforward, and pause features. Revenue channels include non-subscription and subscription models for individual and commercial use. Interactive features, social sharing, and collaborative playlists enhance user experience. Global expansion, localization, and social media integration are key trends. High-fidelity and lossless streaming, AI-driven personalization, live audio, and virtual concerts are differentiators. Smart devices, smart speakers, alarms, voice command, and virtual assistant integration are shaping the future of music streaming. Network connection, data transfer rates, and latency are critical factors influencing user satisfaction. The music industry has seen significant shifts with the rise of digital platforms and smart devices. Music streaming services, websites, and apps have become the go-to destination for consumers to access music, music videos, podcasts, and audio files. With the advent of 5G connectivity, high-quality music streams and live videos are now possible, providing a superior user experience. Advancements in technologies like Artificial Intelligence (AI) and Machine Learning (ML) offer personalized recommendations and prime membership benefits. However, challenges persist, including unauthorized music streaming, piracy, and competition from OTT platforms and social media websites like YouTube Live and Facebook Periscope. Revenue channels include subscription models, ads, and partnerships with businesses like restaurants, cafeterias, salons, gyms, and cloud-based infrastructure for live streaming. Consumers can now rewind, fastforward, pause, and access audio and video content on application-based platforms or web-based platforms, making music more accessible than ever before. To learn more about the global trends impacting the future of market research, download a PDF sample Segment Overview This music streaming market report extensively covers market segmentation by TypeFreePaidEnd-userIndividual UsersCommercial UsersGeographyNorth AmericaEuropeAPACSouth AmericaMiddle East And Africa 1.1 Free- The free music streaming segment is expected to experience moderate growth in the music streaming market during the forecast period. Free music streaming is an advertising-supported service where vendors generate revenue by displaying ads during music play or when users make in-spot purchases. Leading global providers like Spotify and Alphabet offer free streaming services with limited music access and intermittent ads. For instance, Spotify's free users can access 750 songs, while Alphabet provides up to 50,000 songs with some ads. The free segment's growth is attributed to its widespread popularity and accessibility, making it a significant driver for the global music streaming market's expansion. To learn more, request a FREE sample Music Streaming Market 2025-2029: Key Highlights CAGR of the market during the forecast period 2025-2029Detailed information on factors that will assist music streaming market growth during the next five yearsEstimation of the music streaming market size and its contribution to the parent marketPredictions on upcoming trends and changes in consumer behaviorThe growth of the music streaming market across North America, Europe, APAC, South America, and Middle East and AfricaAnalysis of the market's competitive landscape and detailed information on vendorsComprehensive details of factors that will challenge the growth of music streaming market vendors Music Streaming Market Scope Report Coverage Details Base year 2024 Historic period 2017-2021 Forecast period 2025-2029 Growth momentum & CAGR Accelerate at a CAGR of 19% Market growth 2025-2029 USD 53.49 billion Market structure Fragmented YoY growth 2022-2023 (%) 16.3 Regional analysis North America, Europe, APAC, South America, and Middle East and Africa Performing market contribution North America at 46% Key countries US, China, UK, Germany, Canada, Japan, Brazil, France, India, and UAE Competitive landscape Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks Key companies profiled Amazon.com Inc., Apple Inc., Bharti Airtel Ltd., Curb Records Inc., Deezer SA, Gamma Gaana Ltd., Google LLC, iHeartMedia Inc., JioSaavn, KKBOX, Meredith Corp., Mixcloud Ltd., RealNetworks Inc., Sirius XM Holdings Inc., SoundCloud Global Ltd. And Co. KG, SOUNDMACHINE, Soundtrack Your Brand Sweden AB, Spotify Technology SA, Tencent Holdings Ltd., and TuneIn Inc. Market dynamics Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period Customization purview If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. Customization purview If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. About US Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. Contact Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: media@technavio.com Website: www.technavio.com/ View original content to download multimedia:https://www.prnewswire.com/news-releases/music-streaming-market-to-grow-by-usd-53-49-billion-2025-2029-driven-by-growing-preference-for-streaming-services-with-ai-driving-market-transformation---technavio-302374305.html SOURCE Technavio Market News and Data brought to you by Benzinga APIs