Global Specialty Chemicals Market Projected to Grow by $383 Billion, Driven by Agrochemical Demand and Sustainability Trends

Investor ESG Software Market to grow by USD 976 Million (2025-2029), driven by rising corporate data volumes, Report on how AI is redefining the market landscape - Technavio

Enter your email to get Benzinga's ultimate morning update: The PreMarket Activity Newsletter NEW YORK, Feb. 5, 2025 /PRNewswire/ -- Report with market evolution powered by AI - The global Investor ESG software market size is estimated to grow by USD 976 million from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of 15.7% during the forecast period. Steady growth in corporate data volumes is driving market growth, with a trend towards emergence of analytics in investor esg software. However, high initial capital investments poses a challenge. Key market players include Anthesis Consulting Group, Conservice, Cority Software Inc., Diginex, Diligent Corp., Dynamo Software Inc., Emex Software Ltd., Fincite GmbH, Intelex Technologies ULC, International Business Machines Corp., Locus Technologies, Metrix Software Solutions Pty Ltd., Nasdaq Inc., Novisto Inc., PricewaterhouseCoopers LLP, Refinitiv, Sphera Solutions Inc., Vervantis Inc., Wolters Kluwer NV, and Workiva Inc.. Key insights into market evolution with AI-powered analysis. Explore trends, segmentation, and growth drivers- View Free Sample PDF Investor ESG Software Market Scope Report Coverage Details Base year 2024 Historic period 2019 - 2023 Forecast period 2025-2029 Growth momentum & CAGR Accelerate at a CAGR of 15.7% Market growth 2025-2029 USD 976 million Market structure Fragmented YoY growth 2022-2023 (%) 14.3 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, Germany, UK, France, India, Japan, South Korea, and Brazil Key companies profiled Anthesis Consulting Group, Conservice, Cority Software Inc., Diginex, Diligent Corp., Dynamo Software Inc., Emex Software Ltd., Fincite GmbH, Intelex Technologies ULC, International Business Machines Corp., Locus Technologies, Metrix Software Solutions Pty Ltd., Nasdaq Inc., Novisto Inc., PricewaterhouseCoopers LLP, Refinitiv, Sphera Solutions Inc., Vervantis Inc., Wolters Kluwer NV, and Workiva Inc. Market Driver The Investor ESG (Environmental, Social, and Governance) Software Market is witnessing significant growth due to increasing investor and stakeholder demand for sustainability programs. ESG software helps companies manage carbon emissions, diversity, regulatory requirements, and sustainability reporting. Startups like Sustainalytics, MSCI, SASB, GRI, and Morningstar Sustainalytics lead the market. SMEs in IT and ITeS, Manufacturing, Energy and Utilities, Retail, and Technology sectors are adopting ESG software for EHS (Environment, Health, and Safety) management, ERP (Enterprise Resource Planning) systems, and CRM (Customer Relationship Management) platforms. Cloud-based deployment is popular for cost efficiency and real-time reporting. ESG data management and risk management are crucial for transparency and commitment to sustainability. ESG software vendors provide user-friendly interfaces, data analytics, and IoT sensors for sustainability practices and emissions reporting. ESG regulations and economic uncertainties drive the need for ESG software to ensure compliance and improve performance tracking. In today's business landscape, energy efficiency and regulatory compliance are top priorities for enterprises in the energy sector. With declining energy costs and increasing penalties for inefficient devices, companies are seeking smarter ways to manage energy consumption. Real-time data analytics and big data technologies are proving to be valuable tools in this regard. These technologies enable predictive modeling, helping organizations reduce operating expenses and adhere to regulatory requirements. By leveraging real-time data, businesses can optimize energy usage, minimize costs, and improve their carbon footprint. In a competitive market, access to accurate and timely information is essential for success. Request Sample of our comprehensive report now to stay ahead in the AI-driven market evolution! Market Challenges The Investor ESG (Environmental, Social, and Governance) Software Market is experiencing significant growth due to increasing investor and stakeholder demand for transparency and commitment to sustainability. Companies in various sectors such as finance, retail, energy, and technology are under pressure to manage their ESG programs effectively. ESG software vendors offer solutions for ESG data management, risk management, sustainability reporting, and performance tracking. Challenges include regulatory requirements, carbon emissions, diversity, and compliance with industry standards. SMEs and large corporations alike are adopting cloud-based solutions for real-time reporting and data analytics. ESG software helps companies collect and manage ESG data, engage stakeholders, and report on sustainability initiatives, metrics, and practices. Vendors like Sustainalytics, MSCI, SASB, GRI, and Morningstar Sustainalytics provide ESG reporting software and climate change software. EHS, ERP systems, CRM, HCM platforms, and corporate boards are also integrating ESG strategies. IoT sensors and ESG activities data collection are essential for accurate and efficient resource management. Economic uncertainties and cost efficiency are driving the adoption of ESG software, providing a solid return on investment.The investor ESG software market faces significant challenges in its expansion. The high initial costs of replacing existing infrastructure with EHS infrastructure is a major hurdle for SMEs and industries. This capital-intensive investment restricts market growth. Furthermore, integrating ESG software with ERP systems is another challenge. Given the extensive use of ESG standards in enterprise operations, the greater benefits of EHS solutions can be realized by seamlessly integrating them with ERP systems. However, achieving this integration poses a complex technical challenge, which may hinder market development. Discover how AI is revolutionizing market trends- Get your access now! Segment Overview This investor esg software market report extensively covers market segmentation by ComponentSoftwareServicesDeploymentOn-premisesCloudGeographyNorth AmericaAPACEuropeSouth AmericaMiddle East And Africa 1.1 Software- The investor Environmental, Social, and Governance (ESG) software market has experienced significant growth in 2024, driven by the software industry. ESG software simplifies the process of collecting, analyzing, and publishing ESG data, making it an essential tool for investors as sustainability and responsible investing gain popularity. These solutions enable investors to assess a company's ESG performance, leading to more informed investment decisions that align with ethical and environmental standards. In response, software providers offer advanced ESG software, including data gathering and integration, predictive analytics, and visualization tools. The market's expansion is fueled by increasing regulations and investor demands for ESG transparency, making it a crucial component of investment strategies worldwide 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 Investor ESG (Environmental, Social, and Governance) Software market is witnessing significant growth due to the increasing importance of sustainability programs for organizations across various industries. ESG software enables companies to manage and report on their carbon emissions, diversity, and ethical practices, among other sustainability metrics. MSCI, SASB, and GRI are leading providers of ESG frameworks and standards. Cloud deployment is a popular choice for ESG reporting software due to its flexibility and scalability, making it accessible to both SMEs and Large Enterprises. ERP (Enterprise Resource Planning) systems are also integrating ESG functionality to streamline reporting. The finance sector is a key adopter of ESG software, recognizing the importance of transparency and environmental impact in investment decisions. Market Research Overview The Investor ESG (Environmental, Social, and Governance) Software Market is witnessing significant growth due to increasing sustainability programs, regulatory requirements, and investor pressure. ESG software helps companies manage and report on their carbon emissions, diversity, and other sustainability initiatives. It includes climate change software, ESG data management, ESG risk management, and sustainability reporting solutions. Deployment options range from on-premises to cloud-based, making it accessible to SMEs and large corporations alike. Sectors like IT and ITeS, manufacturing, energy and utilities, retail, finance, and technology are adopting ESG software to enhance their sustainability practices and transparency. ESG software vendors provide user-friendly interfaces for data collection, performance tracking, stakeholder engagement, and real-time reporting. ESG metrics, such as energy consumption, water usage, waste generation, air quality, and carbon footprint, are essential for companies to understand their environmental impact and social responsibilities. ESG software also helps in data validation, normalization, and compliance with industry standards and regulations. The public sector and public interest are increasingly demanding transparency and commitment to sustainability, making ESG software an essential tool for corporations to stay competitive and responsible. Table of Contents: 1 Executive Summary 2 Market Landscape 3 Market Sizing 4 Historic Market Size 5 Five Forces Analysis 6 Market Segmentation ComponentSoftwareServicesDeploymentOn-premisesCloudGeographyNorth 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: [email protected] Website: www.technavio.com/ View original content to download multimedia:https://www.prnewswire.com/news-releases/investor-esg-software-market-to-grow-by-usd-976-million-2025-2029-driven-by-rising-corporate-data-volumes-report-on-how-ai-is-redefining-the-market-landscape---technavio-302368529.html SOURCE Technavio Market News and Data brought to you by Benzinga APIs

Commercial Real Estate Market to grow by USD 427.3 Billion (2025-2029), global commercial sector growth boosts the market, AI-driven market evolution - Technavio

Enter your email to get Benzinga's ultimate morning update: The PreMarket Activity Newsletter NEW YORK, Feb. 5, 2025 /PRNewswire/ -- Report with market evolution powered by AI - The global commercial real estate market size is estimated to grow by USD 427.3 billion from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of 4.6% during the forecast period. Growing commercial sector globally is driving market growth, with a trend towards increasing marketing initiatives. However, rising emphasis on remote work and online shopping poses a challenge. Key market players include Atlas Technical Consultants, Boston Commercial Properties Inc., Brookfield Business Partners LP, CBRE Group Inc., Dalian Wanda Group, DLF Ltd., Keller Williams Realty Inc., Lee and Associates Licensing and Administration Co. LP, Link Asset Management Ltd., Marcus and Millichap Real Estate Investment Services Inc., MaxWell Realty Canada, NAI , Nakheel PJSC, Onni Contracting Ltd., Prologis Inc., RAK PROPERTIES, Segro Plc, Shannon Waltchack, TCN Worldwide, and WeWork Inc. Key insights into market evolution with AI-powered analysis. Explore trends, segmentation, and growth drivers- View Free Sample PDF Commercial Real Estate Market Scope Report Coverage Details Base year 2024 Historic period 2019 - 2023 Forecast period 2025-2029 Growth momentum & CAGR Accelerate at a CAGR of 4.6% Market growth 2025-2029 USD 427.3 billion Market structure Fragmented YoY growth 2022-2023 (%) 4.2 Regional analysis APAC, North America, Europe, South America, and Middle East and Africa Performing market contribution APAC at 42% Key countries Japan, US, China, India, Germany, UK, Canada, France, Brazil, and Italy Key companies profiled Atlas Technical Consultants, Boston Commercial Properties Inc., Brookfield Business Partners LP, CBRE Group Inc., Dalian Wanda Group, DLF Ltd., Keller Williams Realty Inc., Lee and Associates Licensing and Administration Co. LP, Link Asset Management Ltd., Marcus and Millichap Real Estate Investment Services Inc., MaxWell Realty Canada, NAI Global, Nakheel PJSC, Onni Contracting Ltd., Prologis Inc., RAK PROPERTIES, Segro Plc, Shannon Waltchack, TCN Worldwide, and WeWork Inc Market Driver Commercial real estate market is witnessing significant trends in various sectors. Retail and hospitality industries are thriving, with GST bringing in a stable economic environment. Smart Cities Mission is driving demand for commercial spaces, particularly in IT and engineering sectors. Boutique businesses and start-ups prefer co-working spaces and flex centers. Technology development, including virtual property tours, artificial intelligence, and virtual reality, is transforming the industry. Data analytics is essential for making informed lease decisions. The vaccine campaign boosts confidence in hospitality and office spaces. Industrial and logistics sectors continue to grow, with e-commerce driving demand for warehouses. Developers are focusing on future workplaces, incorporating technology and sustainability. Office spaces, including conventional and co-working, are in high demand. Multifamily housing is another growing sector. Business owners benefit from these trends, ensuring a vibrant commercial real estate market. In the commercial real estate sector, vendors employ an integrated marketing communication strategy to sell their properties. This approach utilizes various channels like newspapers, magazines, and social media. TV advertisements are followed by digital campaigns, which include Internet pre-roll, social media, and blogging. Creating visually engaging content on social media platforms, particularly Instagram, is essential for customer engagement and brand development. By showcasing product usage ideas, vendors foster online brand communities and increase consumer interest. Request Sample of our comprehensive report now to stay ahead in the AI-driven market evolution! Market Challenges Commercial real estate market faces various challenges in sectors like retail and hospitality due to changing consumer behaviors and increased competition from e-commerce. GST implementation brought new complexities. Smart Cities Mission and IT sectors present opportunities, with tech development driving demand for co-working spaces and flex centers. Boutique businesses and start-ups prefer these flexible workspaces. Virtual property tours, AI, and VR are transforming how we lease offices, industrial spaces, and multifamily properties. The vaccine campaign and stable economic environment boost confidence among business owners. Developers must adapt to future workplaces, focusing on industrial and logistics, hospitality, and office spaces for IT, engineering, and manufacturing businesses. Data analytics will be crucial for making informed decisions. E-commerce growth impacts traditional office spaces, with conventional offices evolving to meet new demands.The retail sector has experienced significant shifts due to technological advancements and altered consumer behaviors. Online shopping's rise has resulted in decreased foot traffic in traditional brick-and-mortar stores. Similarly, remote work trends have impacted the demand for office spaces. Businesses are adapting by offering flexible workspaces and integrating advanced technology like virtual reality. These changes challenge conventional commercial real estate models, particularly traditional office spaces designed for in-person collaboration and set work hours. Discover how AI is revolutionizing market trends- Get your access now! Segment Overview This commercial real estate market report extensively covers market segmentation by End-userOfficesRetailLeisureOthersChannelRentalLeaseSalesGeographyAPACNorth AmericaEuropeSouth AmericaMiddle East And Africa 1.1 Offices- The global commercial real estate market is experiencing a notable expansion in the offices segment. This growth is driven by shifting work patterns and corporate demands. Flexible work arrangements, hybrid models, and technological advancements are influencing the need for office space. To attract and retain talent, businesses prioritize contemporary, adaptable, and technologically advanced work environments. Co-working spaces like Regus and WeWork, which provide flexible office solutions, are gaining popularity. Major corporations, such as Google and Amazon, are investing in innovative office designs that foster collaboration and employee satisfaction. The offices end-user segment is projected to expand from 2024 to 2028, reflecting the ongoing evolution of workspaces to align with modern business practices. This trend presents opportunities and challenges for the global commercial real estate market, leading to moderate growth 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 commercial real estate market is experiencing a significant shift with the integration of technology and the rise of new sectors like retail and hospitality, IT, and smart cities. The implementation of GST has brought about new opportunities and challenges for business owners leasing offices, industrial spaces, and multifamily properties. Smart City initiatives under the Smart Cities Mission are driving demand for commercial spaces, particularly in IT and industrial sectors. Boutique businesses are also thriving, leading to an increase in demand for coworking spaces. Technology development, including virtual property tours and artificial intelligence, is transforming the way commercial real estate is bought, sold, and managed. The conventional office market continues to evolve, with a growing preference for flexible lease terms and modern amenities. Overall, the commercial real estate market is dynamic and constantly evolving, presenting both opportunities and challenges for investors and businesses alike. Market Research Overview Commercial real estate markets are experiencing a dynamic shift with the convergence of various trends. Retail and hospitality sectors are adapting to the new normal with contactless transactions and virtual property tours, driven by technology development and the increasing popularity of e-commerce. The Smart Cities Mission is transforming urban landscapes with advanced technology, AI, and VR, creating future workplaces for IT, engineering, and manufacturing businesses. Boutique businesses and start-ups are thriving in co-working spaces and flex centers. The stable economic environment and the vaccine campaign are boosting confidence among business owners, leading to increased demand for offices and industrial spaces. Data analytics is playing a crucial role in informed decision-making, while GST simplification is streamlining transactions. The industrial and logistics segment is witnessing significant growth, driven by the e-commerce boom. The retail segment is evolving, with a focus on sustainable and experiential retail. The future of commercial real estate is technology-driven, sustainable, and adaptive to changing business needs. Table of Contents: 1 Executive Summary 2 Market Landscape 3 Market Sizing 4 Historic Market Size 5 Five Forces Analysis 6 Market Segmentation End-userOfficesRetailLeisureOthersChannelRentalLeaseSalesGeographyAPACNorth 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: [email protected] Website: www.technavio.com/ View original content to download multimedia:https://www.prnewswire.com/news-releases/commercial-real-estate-market-to-grow-by-usd-427-3-billion-2025-2029-global-commercial-sector-growth-boosts-the-market-ai-driven-market-evolution---technavio-302368993.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, with AI Redefining Market Trends - Technavio

Enter your email to get Benzinga's ultimate morning update: The PreMarket Activity Newsletter NEW YORK, Feb. 7, 2025 /PRNewswire/ -- Report with market evolution powered by AI - 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.. Key insights into market evolution with AI-powered analysis. Explore trends, segmentation, and growth drivers- View Free Sample PDF Foreign Exchange Market Scope Report Coverage Details Base year 2024 Historic period 2019 - 2023 Forecast period 2025-2029 Growth momentum & CAGR Accelerate at a CAGR of 10.6% Market growth 2025-2029 USD 582 billion Market structure Fragmented YoY growth 2022-2023 (%) 9.3 Regional analysis North America, Europe, APAC, South America, and Middle East and Africa Performing market contribution Europe at 47% Key countries US, UK, Canada, China, Germany, Switzerland, Japan, India, Brazil, and UAE 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. Market Driver 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. Request Sample of our comprehensive report now to stay ahead in the AI-driven market evolution! 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. Discover how AI is revolutionizing market trends- Get your access now! 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 a Sample of our comprehensive report today to discover how AI-driven innovations are reshaping competitive dynamics 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: [email protected] 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-with-ai-redefining-market-trends---technavio-302370830.html SOURCE Technavio Market News and Data brought to you by Benzinga APIs

Gaming Market to Grow by USD 100.8 Billion from 2025-2029, Growing Adoption of AR and VR Games Boost the Market, 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. 4, 2025 /PRNewswire/ -- Report with the AI impact on market trends - 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.. Key insights into market evolution with AI-powered analysis. Explore trends, segmentation, and growth drivers- View Free Sample PDF 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 8.4% Market growth 2025-2029 USD 100.8 billion Market structure Fragmented YoY growth 2022-2023 (%) 7.8 Regional analysis APAC, North America, Europe, Middle East and Africa, and South America Performing market contribution APAC at 52% Key countries China, US, Japan, South Korea, and Canada 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. Market Driver 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 tecices. 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 deviceshnology 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 dev, making it a convenient alternative to traditional console gaming. Request Sample of our comprehensive report now to stay ahead in the AI-driven market evolution! 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. Discover how AI is revolutionizing market trends- Get your access now! 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 a Sample of our comprehensive report today to discover how AI-driven innovations are reshaping competitive dynamics 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: [email protected] Website: www.technavio.com/ View original content to download multimedia:https://www.prnewswire.com/news-releases/gaming-market-to-grow-by-usd-100-8-billion-from-2025-2029--growing-adoption-of-ar-and-vr-games-boost-the-market-report-on-how-ai-is-driving-market-transformation---technavio-302366127.html SOURCE Technavio Market News and Data brought to you by Benzinga APIs

Live Streaming Market To Grow By USD 20.64 Billion From 2025-2029, Rising Smartphone Penetration And Internet Access Boosting Growth, Report On AI-Powered Market Evolution - Technavio

Enter your email to get Benzinga's ultimate morning update: The PreMarket Activity Newsletter NEW YORK, Feb. 5, 2025 /PRNewswire/ -- Report on how AI is driving market transformation - 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.. Key insights into market evolution with AI-powered analysis. Explore trends, segmentation, and growth drivers- View Free Sample PDF Live Streaming Market Scope Report Coverage Details Base year 2024 Historic period 2019 - 2023 Forecast period 2025-2029 Growth momentum & CAGR Accelerate at a CAGR of 16.6% Market growth 2025-2029 USD 20642.7 million Market structure Fragmented YoY growth 2022-2023 (%) 13.9 Regional analysis APAC, North America, Europe, South America, and Middle East and Africa Performing market contribution APAC at 50% Key countries US, China, Japan, India, UK, Germany, Canada, France, Italy, and Brazil 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. Market Driver 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. Request Sample of our comprehensive report now to stay ahead in the AI-driven market evolution! 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. Discover how AI is revolutionizing market trends- Get your access now! 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 a Sample of our comprehensive report today to discover how AI-driven innovations are reshaping competitive dynamics 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: [email protected] 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-from-2025-2029--rising-smartphone-penetration-and-internet-access-boosting-growth-report-on-ai-powered-market-evolution---technavio-302368259.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) with Growing Popularity of Global Box Office Boosting the Market, 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. 5, 2025 /PRNewswire/ -- Report on how AI is driving market transformation - 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.. Key insights into market evolution with AI-powered analysis. Explore trends, segmentation, and growth drivers- View Free Sample PDF Movie Production Market Scope Report Coverage Details Base year 2024 Historic period 2019 - 2023 Forecast period 2025-2029 Growth momentum & CAGR Accelerate at a CAGR of 14.6% Market growth 2025-2029 USD 90.4 billion Market structure Fragmented YoY growth 2022-2023 (%) 11.6 Regional analysis North America, Europe, APAC, Middle East and Africa, and South America Performing market contribution North America at 39% Key countries US, China, UK, Canada, Germany, India, France, Japan, South Korea, and Italy 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. Market Driver 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. Request Sample of our comprehensive report now to stay ahead in the AI-driven market evolution! Market Challenges * Movie 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. Discover how AI is revolutionizing market trends- Get your access now! 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 a Sample of our comprehensive report today to discover how AI-driven innovations are reshaping competitive dynamics 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: [email protected] 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-with-growing-popularity-of-global-box-office-boosting-the-market-report-with-market-evolution-powered-by-ai---technavio-302368260.html SOURCE Technavio Market News and Data brought to you by Benzinga APIs

ETF Market to Grow by USD 13.12 Billion (2024-2028), Market Liquidity Boosts Growth, 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. 6, 2025 /PRNewswire/ -- Report with market evolution powered by AI - The global ETF market size is estimated to grow by USD 13.12 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 17.61% during the forecast period. Market liquidity is driving market growth, with a trend towards growth of bond etfs. However, transaction risks poses a challenge. Key market players include Allianz SE, Amundi Austria GmbH, Betterment LLC, BlackRock Inc., Blackstone Inc, FMR LLC, Invesco Ltd., JPMorgan Chase and Co., Mirae Asset Securities Co. Ltd., Morgan Stanley, Morningstar Inc., State Street Corp., The Bank of New York Mellon Corp., The Charles Schwab Corp., The Goldman Sachs Group Inc., The Vanguard Group Inc., UBS Group AG, and Wealthfront Corp.. Key insights into market evolution with AI-powered analysis. Explore trends, segmentation, and growth drivers- View Free Sample PDF ETF Market Scope Report Coverage Details Base year 2023 Historic period - Forecast period 2024-2028 Growth momentum & CAGR Accelerate at a CAGR of 17.61% Market growth 2024-2028 USD 13120.2 million Market structure Fragmented YoY growth 2022-2023 (%) 13.4 Regional analysis North America, Europe, APAC, South America, and Middle East and Africa Performing market contribution Europe at 39% Key countries US, China, France, UK, and Japan Key companies profiled Allianz SE, Amundi Austria GmbH, Betterment LLC, BlackRock Inc., Blackstone Inc, FMR LLC, Invesco Ltd., JPMorgan Chase and Co., Mirae Asset Securities Co. Ltd., Morgan Stanley, Morningstar Inc., State Street Corp., The Bank of New York Mellon Corp., The Charles Schwab Corp., The Goldman Sachs Group Inc., The Vanguard Group Inc., UBS Group AG, and Wealthfront Corp. Market Driver Exchange-traded funds, or ETFs, have become a popular investment choice for individuals and institutions due to their affordability and transaction costs. ETFs are exchange-traded products that function like an investment fund, tracking various indices, bonds, equities, commodities, currencies, or specialty markets. The market for ETFs has seen significant growth, with retail and institutional investors alike turning to passive investment strategies like index funds and ETFs. The COVID-19 pandemic has accelerated this trend, with many seeking financial market stability. ETFs offer net asset value pricing, making them attractive during market volatility. Government support and the rise of fintech organizations have also contributed to the growth of ETFs. ETFs come in various forms, including physical ETFs and alternative trading funds. Some are computer-built using big data, artificial intelligence, and machine learning. ETFs can be traded on stock exchanges, with major players like Black Rock, State Street, Invesco, and Vanguard leading the market. Assets under management in the ETF industry continue to grow, reaching trillions of dollars. ETFs offer scalability, security, and investment accounting solutions like FundGuard and Just Invest. The ETF market caters to various sectors, including bonds, equities, real estate, and commodities, on exchanges like the Tokyo Stock Exchange. Trade finance, sellers, banks, financial institutions, and service providers are also part of the ETF ecosystem. ETFs facilitate international trade and foreign investments, with trade agreements playing a crucial role in their growth. The future of ETFs looks promising, with advancements in blockchain, optical character recognition, and other technologies set to revolutionize the industry. Bond Exchange-Traded Funds (ETFs) offer significant growth potential for investors due to their ease of use and cost efficiency compared to trading individual bonds. Institutions find it challenging to access multiple international bonds directly, leading them to prefer bond ETFs for large transactions. These funds facilitate efficient trading of securities that would otherwise be difficult and expensive to access individually. According to BlackRock Inc., the cost of trading individual bonds from over 50 countries can be up to 65 times more expensive than bond ETFs. Consequently, the increasing interest from investors is expected to fuel the growth of the bond ETF market during the forecast period. Request Sample of our comprehensive report now to stay ahead in the AI-driven market evolution! Market Challenges Exchange Traded Funds, or ETFs, are a type of investment fund traded on stock exchanges like individual stocks. They provide affordability and lower transaction costs compared to traditional mutual funds. However, market volatility poses challenges. Net Asset Value (NAV) may not align with market price in real-time for Index funds and Passive investment strategies. Government support, Physical ETFs, and Alternative Trading Funds offer stability. ETFs cover various assets like bonds, equity, commodity, currency, and specialty sectors. Retail and institutional investors benefit, with giants like Black Rock, State Street, Invesco, and Vanguard leading the market. ETFs face scalability and security concerns. Technology trends, such as Blockchain, Artificial Intelligence, Big Data, and Optical Character Recognition, aim to address these challenges. Trade finance, sellers, banks, financial institutions, and service providers are leveraging ETFs. Small businesses and international trade also benefit from foreign investments. COVID-19 pandemic impacts ETF markets, with Passive investing strategies and Index mutual funds adapting. ETFs on Tokyo Stock Exchange manage Assets under Management (AuM) worth trillions. ETFs include Equity ETF, Fixed Income ETF, Real Estate ETF, Commodity ETF, Currency ETF, and more.Corporations conducting business across international borders face transaction risks during financial transactions and record keeping. For instance, a Canadian company operating in China deals with Chinese yuan in transactions and reports financial statements in Canadian dollars. The time gap between a transaction and its settlement exposes corporations to currency rate fluctuations, which is the essence of transaction risks. These risks can impact a corporation's financial performance, making it crucial for businesses to manage and mitigate them effectively. Discover how AI is revolutionizing market trends- Get your access now! Segment Overview This etf market report extensively covers market segmentation by TypeFixed Income ETFEquity ETFCommodity ETFReal Estate ETFOthersGeographyNorth AmericaEuropeAPACSouth AmericaMiddle East And Africa 1.1 Fixed income ETF- The fixed income Exchange-Traded Fund (ETF) sector holds a significant position in the current market landscape. Fixed income ETFs function as bond funds investing in various fixed-income securities, including corporate, municipal, and treasury bonds. Unlike most corporate bonds sold through bond brokers, fixed income ETFs operate on centralized stock exchanges, providing extensive exposure to the stock market for bond buyers. Major vendors such as BlackRock, Inc. And The Vanguard Group, Inc., offer treasury bond ETFs, corporate bond ETFs, and aggregate bond ETFs. Fixed income ETFs provide a consistent return on a predetermined time frame, similar to fixed deposits in banks. This feature attracts new investors to explore the stock exchange by shifting from fixed deposits to fixed income securities. However, the segment faces challenges, including credit risks, inflation, and interest rate fluctuations. Credit risk arises when a bond issuer fails to pay the due amount on time, potentially leading to financial losses. Inflation and interest rate changes can also impact bond yields, causing the price of fixed income ETFs to decline as interest rates rise on the stock exchange. These factors may hinder the growth of the fixed income ETF 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 Exchange-traded funds (ETFs) are exchange-traded products that function like individual stocks, but represent a basket of stocks, bonds, commodities, currencies, or a combination of these assets based on an index or a specific investment strategy. ETFs provide investors with affordable access to various markets and asset classes, making them an attractive alternative to traditional mutual funds. Their market value is determined by the net asset value (NAV) of their underlying assets, and they offer lower transaction costs due to their intraday trading. ETFs can be categorized into various types, including index funds, passive investment strategies, physical ETFs, alternative trading funds, and computer-built ETFs. These include Fixed Income ETFs, Real Estate ETFs, Commodity ETFs, Currency ETFs, and more. ETFs can be suitable for both retail and institutional investors, providing financial market stability and flexibility in managing risk and diversifying portfolios. Market volatility and government support play crucial roles in the ETF market. ETFs can help investors navigate market fluctuations by offering exposure to a broad range of assets, while government support can impact their regulatory environment and overall market sentiment. ETFs can be traded on various stock exchanges, providing investors with the convenience of buying and selling them throughout the trading day. Market Research Overview Exchange Traded Funds (ETFs) are investment funds that trade on stock exchanges as exchange-traded products. They offer affordability, lower transaction costs, and access to various asset classes such as bonds, equity, commodities, currencies, and specialty indices. ETFs track an underlying index, making them ideal for passive investment strategies. Government support, financial market stability, and the use of technology like blockchain, artificial intelligence, and big data have boosted their popularity. ETFs come in different forms, including Physical ETFs, Alternative Trading Funds, and Computer-built ETFs. They cater to retail and institutional investors, individuals and small businesses, and offer various classes like Equity, Fixed Income, Real Estate, and Commodity ETFs. Market volatility during the COVID-19 pandemic has highlighted the importance of ETFs in securities markets, with players like Topix, Assets under Management, and ETFs (ETFs) providing contingency Net Asset Value solutions. Service providers, financial institutions, and fintech organizations play crucial roles in the ETF ecosystem, ensuring scalability, security, and investment accounting. Sellers, including banks, facilitate transactions, while trade finance and trade agreements impact international trade and foreign investments. Overall, ETFs offer investors a cost-effective, diversified, and flexible investment solution. Table of Contents: 1 Executive Summary 2 Market Landscape 3 Market Sizing 4 Historic Market Size 5 Five Forces Analysis 6 Market Segmentation TypeFixed Income ETFEquity ETFCommodity ETFReal Estate ETFOthersGeographyNorth 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: [email protected] Website: www.technavio.com/ View original content to download multimedia:https://www.prnewswire.com/news-releases/etf-market-to-grow-by-usd-13-12-billion-2024-2028-market-liquidity-boosts-growth-report-on-how-ai-is-redefining-market-landscape---technavio-302369179.html SOURCE Technavio Market News and Data brought to you by Benzinga APIs

Pharmaceuticals Wholesale & Distribution Market to grow by USD 896.5 Billion from 2024-2028, Driven by Growing Global Pharmaceutical Sales, 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. 6, 2025 /PRNewswire/ -- Report with the AI impact on market trends - The global pharmaceuticals wholesale and distribution market size is estimated to grow by USD 896.5 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 9.45% during the forecast period. Growing global pharmaceutical sales is driving market growth, with a trend towards emergence of drones in pharmaceuticals wholesale and distribution. However, increased complexities due to time-bound deliveries and customization of supply chain poses a challenge. Key market players include A.F. Hauser Pharmaceutical Inc., Alfresa Holdings Corp., AmerisourceBergen Corp., Attain Med Inc., Cardinal Health Inc., China Resources Pharmaceutical Group Ltd., Dakota Drug Inc., FFF Enterprises Inc., J M Smith Corp., McKesson Corp., MEDIPAL HOLDINGS CORP., Medline Industries LP, Morris and Dickson Co. LLC, Mutual Drug, Owens and Minor Inc., PHOENIX Pharmahandel GmbH and Co KG, Shanghai Fosun Pharmaceutical Group Co. Ltd., Sinopharm Group Co. Ltd., SUZUKEN CO. LTD., and The Cigna Group. Key insights into market evolution with AI-powered analysis. Explore trends, segmentation, and growth drivers- View Free Sample PDF Pharmaceuticals Wholesale And Distribution Market Scope Report Coverage Details Base year 2023 Historic period 2018 - 2022 Forecast period 2024-2028 Growth momentum & CAGR Accelerate at a CAGR of 9.45% Market growth 2024-2028 USD 896.5 billion Market structure Fragmented YoY growth 2022-2023 (%) 8.42 Regional analysis North America, Asia, Europe, and Rest of World (ROW) Performing market contribution North America at 49% Key countries US, China, Canada, Japan, and Germany Key companies profiled A.F. Hauser Pharmaceutical Inc., Alfresa Holdings Corp., AmerisourceBergen Corp., Attain Med Inc., Cardinal Health Inc., China Resources Pharmaceutical Group Ltd., Dakota Drug Inc., FFF Enterprises Inc., J M Smith Corp., McKesson Corp., MEDIPAL HOLDINGS CORP., Medline Industries LP, Morris and Dickson Co. LLC, Mutual Drug, Owens and Minor Inc., PHOENIX Pharmahandel GmbH and Co KG, Shanghai Fosun Pharmaceutical Group Co. Ltd., Sinopharm Group Co. Ltd., SUZUKEN CO. LTD., and The Cigna Group Market Driver The Pharmaceutical Wholesale Distribution market is a significant segment of the pharmaceutical landscape. Wholesalers play a crucial role in this industry, acting as intermediaries between producers and retailers. Two types of wholesalers exist: Producer Wholesalers, who buy directly from manufacturers, and Merchant Wholesalers, who purchase from various sources. Branded Drugs and Generic Drugs are the two primary product categories. Ethical Pharma Products and Over-the-counter (OTC) Supply are essential sub-segments. The pharmaceutical landscape continues to evolve, with drug evaluation processes streamlining the introduction of Vaccines, Medical devices, and other innovations. Unmet medical needs drive the demand for new products. Generic Drug Promotion and Health Insurance schemes influence market dynamics. Track-and-trace systems ensure product authenticity and safety. The market includes Branded Pharmaceuticals, Generic Pharmaceuticals, and Over-the-counter (OTC) Pharmaceuticals. The Global Glycidol Market, a specialty chemical, is a significant component of this industry. Its applications include the production of polymers, resins, and surface active compounds used in Cosmetic Preparations, Laundry Detergents, Additives in plastics, Paints, Photographic Chemicals, Biocides, and Online/Offline sales channels. Valuation of Pharmaceutical Wholesale Distribution is influenced by market trends, production costs, and regulatory frameworks. Drones, unmanned aerial vehicles, are revolutionizing the logistics sector, particularly in the delivery of essential pharmaceutical supplies. In areas with inadequate road or railway infrastructure, drones offer a viable solution. They can transport pharmaceutical drugs and medicines to hard-to-reach remote destinations, improving market prospects for global pharmaceutical wholesale and distribution companies. Real-time information obtained from drones enables logistics firms to optimize their supply chain models effectively. This innovation in delivery methods is expected to significantly impact the pharmaceutical industry. Request Sample of our comprehensive report now to stay ahead in the AI-driven market evolution! Market Challenges Pharmaceutical Wholesale Distribution faces unique challenges in supplying branded and generic drugs to various healthcare providers and retailers. Wholesalers, including Producer Wholesalers and Merchant Wholesalers, play a crucial role in this supply chain. Agents and Brokers help facilitate transactions between producers and buyers. The pharmaceutical landscape includes ethical pharma products, OTC/Institutional Supply, vaccines, and medical devices. Unmet medical needs continue to drive demand for new drugs and treatments. Generic drug promotion requires careful regulation to ensure quality and safety. Health insurance schemes impact the distribution of branded pharmaceuticals, while track-and-trace systems ensure product authenticity. Valuation of the Pharmaceutical landscape includes branded and generic drug markets, as well as markets for vaccines, medical devices, and other related products. The production of polymers, resins, specialty chemicals, and diversified materials like glycidol is essential for pharmaceutical manufacturing. Glycidol is used in Surface Active Compounds, Cosmetic Preparations, Laundry Detergents, Additives in plastics, Paints, Photographic Chemicals, and Biocides. Online and offline sales channels continue to evolve, offering new opportunities and challenges for pharmaceutical wholesale distribution. The Global Glycidol Market is expected to grow due to its diverse applications.In the pharmaceuticals wholesale and distribution market, selecting an appropriate supply chain model is essential. Customers demand shorter lead times, while logistics companies aim for low operational costs. Healthcare supplies necessitate special handling, specific packaging, and customized supply chains to preserve product integrity. Logistical complexities arise from topographical challenges, technological advancements, and region-specific regulations and policies. These factors complicate the formulation of an effective supply chain model. The high criticality of healthcare supplies necessitates an agile and responsive supply chain to minimize lead times. Discover how AI is revolutionizing market trends- Get your access now! Segment Overview This pharmaceuticals wholesale and distribution market report extensively covers market segmentation by TypeBranded DrugsGeneric DrugsEnd-userRetail PharmaciesHospital PharmaciesOthersGeographyNorth AmericaAsiaEuropeRest Of World (ROW) 1.1 Branded drugs- Pharmaceutical companies invest significantly in research and development to create branded drugs, which are approved by the FDA based on their safety, efficacy, and manufacturing methods. The high costs associated with R&D result in premium prices for these drugs, despite the availability of generic alternatives. In 2020, the FDA approved 53 new drugs, including Novartis AG's Kisqali, Roche's Ocrevus, and Gilead Sciences' Veklury. This approval of innovative treatments is expected to drive growth in the global pharmaceuticals wholesale and distribution market. Download a Sample of our comprehensive report today to discover how AI-driven innovations are reshaping competitive dynamics Research Analysis Pharmaceutical Wholesale Distribution refers to the process of purchasing pharmaceutical products from manufacturers or importers and then distributing them to retailers, hospitals, and other healthcare providers. Wholesalers play a crucial role in this supply chain, acting as intermediaries between producers and end-users. There are two main types of wholesalers: Producer Wholesalers, who buy directly from manufacturers, and Merchant Wholesalers, who buy from various sources and sell to multiple customers. Agents and Brokers facilitate the sale of pharmaceutical products by acting as intermediaries between buyers and sellers. Branded Drugs and Generic Drugs are the two main categories of pharmaceutical products. Ethical Pharma Products are prescription drugs, while Over-the-Counter (OTC) and Institutional Supply drugs do not require a prescription. The pharmaceutical landscape is constantly evolving, with new drugs and treatments emerging to address Unmet Medical Needs. Drug evaluation and approval processes are rigorous to ensure safety and efficacy. Vaccines and Medical Devices are essential components of modern healthcare. Generic Drug Promotion and Health Insurance Schemes impact the pharmaceutical market significantly. Track-and-trace systems ensure the authenticity and safety of pharmaceutical products. The Global Glycidol Market is a subsegment of the specialty chemicals industry, with applications in various sectors, including Polymers, Resins, Surface Active Compounds, Cosmetic Preparations, Laundry Detergents, Additives in plastics, Paints, and Photographic Chemicals. The production of Glycidol and its derivatives involves complex chemical processes and requires a high level of expertise. Valuation of Pharmaceutical Companies depends on various factors, including their product portfolio, market share, and financial performance. Market Research Overview The Pharmaceutical Wholesale Distribution market refers to the process of procuring, storing, and distributing pharmaceutical products from manufacturers to retailers, hospitals, and other healthcare providers. Wholesalers play a crucial role in this supply chain, acting as intermediaries between producers and end-users. There are two main types of wholesalers: Producer Wholesalers, who buy directly from manufacturers, and Merchant Wholesalers, who purchase from various sources and sell to multiple customers. Agents and Brokers facilitate sales and marketing activities, while Branded Drugs, Generic Drugs, Ethical Pharma Products, OTC/Institutional Supply cater to diverse pharmaceutical landscape. Drug evaluation, vaccines, medical devices, and unmet medical needs are significant areas of focus. Generic drug promotion, health insurance schemes, and track-and-trace systems are key considerations. The pharmaceutical industry encompasses various sectors like Branded pharmaceuticals, Generic pharmaceuticals, Over-the-counter (OTC) pharmaceuticals, and others. The Global Glycidol Market, a specialty chemical used in the production of polymers, resins, and diversified materials, is a significant segment. Glycidol finds applications in cosmetic preparations, laundry detergents, additives in plastics, paints, photographic chemicals, biocides, and online/offline sales channels. Valuation of this market depends on various factors including production capacity, demand, and pricing trends. Table of Contents: 1 Executive Summary 2 Market Landscape 3 Market Sizing 4 Historic Market Size 5 Five Forces Analysis 6 Market Segmentation TypeBranded DrugsGeneric DrugsEnd-userRetail PharmaciesHospital PharmaciesOthersGeographyNorth AmericaAsiaEuropeRest Of World (ROW) 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: [email protected] Website: www.technavio.com/ View original content to download multimedia:https://www.prnewswire.com/news-releases/pharmaceuticals-wholesale--distribution-market-to-grow-by-usd-896-5-billion-from-2024-2028--driven-by-growing-global-pharmaceutical-sales-report-on-how-ai-is-driving-market-transformation---technavio-302369842.html SOURCE Technavio Market News and Data brought to you by Benzinga APIs

Specialty Chemicals Market to Grow by USD 383.2 Billion from 2025-2029, Driven by Agrochemical Industry Demand, with AI Impact on Market Evolution - 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 driving market transformation - The global specialty chemicals market size is estimated to grow by USD 383.2 billion from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of 6.7% during the forecast period. Increasing demand for specialty chemicals from agrochemical industry is driving market growth, with a trend towards growing demand for bio-based chemicals. However, stringent regulations and policies towards specialty chemicals poses a challenge. Key market players include Albemarle Corp., Ashland Inc., BASF SE, Beardow and Adams Adhesives Ltd., Clariant International Ltd., Danimer Scientific Inc., Dymax Corp., Evonik Industries AG, Exxon Mobil Corp., H.B. Fuller Co., Henkel AG and Co. KGaA, Huntsman Corp., Lanxess AG, Nouryon Chemicals Holding B.V., PPG Industries Inc., Prince International Corp., Saudi Arabian Oil Co., Shree Ganesh Remedies Ltd., Solvay SA, and The Dow Chemical 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 End-user (Agrochemicals, Lubricant and oilfield chemicals, Adhesives and sealants, Industrial and institutional cleaners, and Others), Type (Plasticizers, Water-based, Coagulants and flocculants, and Scale inhibitors), 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 Albemarle Corp., Ashland Inc., BASF SE, Beardow and Adams Adhesives Ltd., Clariant International Ltd., Danimer Scientific Inc., Dymax Corp., Evonik Industries AG, Exxon Mobil Corp., H.B. Fuller Co., Henkel AG and Co. KGaA, Huntsman Corp., Lanxess AG, Nouryon Chemicals Holding B.V., PPG Industries Inc., Prince International Corp., Saudi Arabian Oil Co., Shree Ganesh Remedies Ltd., Solvay SA, and The Dow Chemical Co. Key Market Trends Fueling Growth The specialty chemicals market is witnessing significant growth due to the increasing preference for environment-friendly bio-based chemicals. Bio-based lubricants, produced from renewable feedstocks like plant-based oil and sugar, are gaining popularity as alternatives to petroleum-based lubricants. These eco-friendly lubricants help reduce volatile organic compounds (VOCs) and toxic gases, maintaining the ecological balance. Countries like Canada, the US, and Germany are focusing on their development. Similarly, bio-based resins, manufactured from renewable sources such as sugarcane, wood pulp, and soybean, are increasingly used in plastic additives for packaging materials, furniture, and carpets. The use of bio-based resins instead of petroleum-based ones leads to a 70% reduction in emissions and carbon footprint. The demand for biodegradable plastics, especially in the packaging industry, is driving the growth of the bio-based resins industry. The growing need for waste management further fuels this trend. The European Union aims to increase the use of biofuels to 20% by 2020, contributing to the market's growth. Overall, the shift towards sustainable and eco-friendly chemicals is expected to continue driving the global specialty chemicals market. Specialty chemicals market encompasses a wide range of products including water management chemicals, corrosion inhibitors, food additives, printing inks, and more. Specialty chemical companies focus on meeting specific customer needs, offering service-oriented solutions and support services. Trends include strategic sourcing through e-commerce platforms, customer awareness, and the shift from commodity-like products to higher-margin solutions. Industries like automotive coatings, pharmaceuticals, and water treatment rely heavily on specialty chemicals. Key players provide expert insights into industry dynamics, trade economics, and raw material prices. Barriers to entry are high due to the complex nature of these chemicals and the need for specialized knowledge. Products include water treatment chemicals, plastic and rubber additives, adhesives, cosmetic ingredients, lubricating oil additives, specialty oilfield chemicals, electronic chemicals, textile chemicals, and more. Price and margins are influenced by energy costs, raw material prices, and environmental regulations. Leading representatives in this sector include BASF, DuPont, Dow, and Evonik. Portfolios span various industries, from automotive to medical, and e-commerce platforms facilitate B2B transactions. Overall, the specialty chemicals market is a critical component of numerous industries, driving innovation and growth. Insights on how AI is driving innovation, efficiency, and market growth- Request Sample! Market Challenges * The global specialty chemicals market, particularly in sectors such as specialty paints and coatings, adhesives, and sealants, faces significant challenges due to stringent regulations on volatile organic compound (VOC) content. In the US, the Environmental Protection Agency (EPA) and the Registration, Evaluation, Authorization, and Restriction of Chemicals (REACH) impose regulations that limit VOC content. For instance, the Massachusetts Department of Environmental Protection (MassDEP) imposed strict guidelines in August 2013, and the US regulation 310 CMR 7.18(30) sets VOC limits for adhesives. California has established 13 Air Pollution Control Districts (APCDs) or Air Quality Management Districts (AQMDs) with varying VOC limits for adhesives and sealants. In Europe, EU No. 10/2011 regulates plastic materials and articles, including adhesives in indirect food additives. These regulations and policies are likely to hinder the growth of the global specialty chemicals market during the forecast period. Specialty chemicals vendors must comply with these standards to meet VOC requirements. * Specialty chemicals market faces challenges from various sectors. UV rays require advanced solutions for suncare and construction chemicals. Urbanization drives demand for water treatment chemicals, detergents, and surfactants. Automotive manufacturers seek synthetic lubricants and functional products like antioxidants and flame retardants. Operational plants grapple with labor costs and process technology. Trade liberalization intensifies competition, while end-user concentration affects pricing. Business segments like electronics chemicals, oil field chemicals, and flavors & fragrances witness unique challenges. Single-chemical entities must differentiate through formulations, composition, and performance. Companies like General Mills and Kraft Foods use specialty chemicals in their products. PGM catalyst market, oil costs, and biocides are other significant factors. Overlap between business segments requires strategic aspects, and convenience is a key consumer trend. Specialty polymers, water-soluble polymers, and individualized products cater to diverse industries. Insights into how AI is reshaping industries and driving growth- Download a Sample Report Segment Overview This specialty chemicals market report extensively covers market segmentation by End-userAgrochemicalsLubricant And Oilfield ChemicalsAdhesives And SealantsIndustrial And Institutional CleanersOthersTypePlasticizersWater-basedCoagulants And FlocculantsScale InhibitorsGeographyAPACNorth AmericaEuropeSouth AmericaMiddle East And Africa 1.1 Agrochemicals- Agrochemicals are essential formulations used in agriculture to enhance crop quality and yield. This market is segmented into two main categories: fertilizers and pesticides. Fertilizers are further divided into nitrogenous, potassic, phosphatic, and others. Pesticides consist of insecticides, herbicides, bio-pesticides, and others. The agrochemicals market is projected to grow moderately due to the expansion of modern farming practices like floriculture and horticulture, rising farmer education, and increasing awareness of agrochemical usage in major agricultural economies. Agrochemicals contribute significantly to the agriculture industry by improving crop production. However, excessive usage of agrochemicals may lead to water pollution and environmental harm, which could hinder market growth 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 Specialty Chemicals market encompasses a wide range of chemical products used in various industries to enhance the performance, functionality, and durability of final products. This market includes segments such as Plastic Additives, Rubber Additives, Adhesives, Cosmetic Ingredients, Lubricating Oil Additives, Specialty Oilfield Chemicals, Water Treatment Chemicals, Electronic Chemicals, Textile Chemicals, Construction Chemicals, and Electronics Chemicals. Process technology plays a crucial role in the production of these chemicals. Trade liberalization has led to increased competition and convenience for consumers, but also presents strategic challenges for businesses. Overlap between different business segments can lead to innovation and synergy, while functional products such as Antioxidants and Biocides are essential additives in many applications. The real difference lies in the unique properties and applications of these specialty chemicals, which enable advancements in various industries. Market Research Overview Specialty chemicals refer to a diverse range of chemicals designed for specific applications in various industries. These include plastic additives that enhance the properties of plastics, rubber additives for improving rubber performance, adhesives for bonding different materials, cosmetic ingredients for personal care products, lubricating oil additives for engine performance, and specialty oilfield chemicals for oil and gas production. Other sectors include water treatment chemicals for industrial and municipal applications, electronic chemicals for electronics manufacturing, textile chemicals for textile processing, and construction chemicals for construction industry. E-commerce platforms have disrupted traditional sales channels, while the medical industry, environmental regulations, raw material prices, and urbanization influence market dynamics. Plasticizers, PVC-based pipes, UV rays, and automotive manufacturers are key end-users. Operational plants, labor costs, and trade liberalization impact production costs. Functional products like antioxidants, biocides, and corrosion inhibitors offer performance advantages. Strategic sourcing, customer awareness, and service-oriented business models differentiate specialty chemical companies. Specialty polymers, water-soluble polymers, and individualized product formulations cater to specific customer needs. Flame retardants, paper chemicals, printing inks, and food additives are other significant business segments. Energy, raw material costs, and barriers to entry are key challenges. The real difference lies in the unique composition, processing, and performance of specialty chemicals. Table of Contents: 1 Executive Summary 2 Market Landscape 3 Market Sizing 4 Historic Market Size 5 Five Forces Analysis 6 Market Segmentation End-userAgrochemicalsLubricant And Oilfield ChemicalsAdhesives And SealantsIndustrial And Institutional CleanersOthersTypePlasticizersWater-basedCoagulants And FlocculantsScale InhibitorsGeographyAPACNorth 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: [email protected] Website: www.technavio.com/ View original content to download multimedia:https://www.prnewswire.com/news-releases/specialty-chemicals-market-to-grow-by-usd-383-2-billion-from-2025-2029--driven-by-agrochemical-industry-demand-with-ai-impact-on-market-evolution---technavio-302371175.html SOURCE Technavio Market News and Data brought to you by Benzinga APIs

Arcade Gaming Market to Grow by USD 1.99 Billion from 2025-2029, Rising Physical Activity in Arcade Gaming Boosts Market, 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. 4, 2025 /PRNewswire/ -- Report on how AI is driving market transformation - The global arcade gaming market size is estimated to grow by USD 1.99 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 America 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 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: [email protected] Website: www.technavio.com/ View original content to download multimedia:https://www.prnewswire.com/news-releases/arcade-gaming-market-to-grow-by-usd-1-99-billion-from-2025-2029--rising-physical-activity-in-arcade-gaming-boosts-market-report-with-market-evolution-powered-by-ai---technavio-302366138.html SOURCE Technavio Market News and Data brought to you by Benzinga APIs

Reinsurance Market to Grow by USD 539.3 Billion (2025-2029), Increase in Demand for Various Insurance Plans Boosts the Market, Report with the AI Impact on Market Trends - Technavio

Enter your email to get Benzinga's ultimate morning update: The PreMarket Activity Newsletter NEW YORK, Feb. 6, 2025 /PRNewswire/ -- Report on how AI is redefining market landscape - The global reinsurance market size is estimated to grow by USD 539.3 billion from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of 12.2% during the forecast period. Increase in demand for various insurance plans is driving market growth, with a trend towards dynamic macroeconomic factors and reinsurance premium variability. However, vulnerability to cybercrimes poses a challenge. Key market players include Allianz SE, American International Group Inc., AXA Group, Barents Re Reinsurance Co. Inc., Berkshire Hathaway Inc., BMS Group Ltd., Everest Group Ltd., Fairfax Financial Holdings Ltd., Great West Lifeco Inc., Hannover Re, Korean Reinsurance Co., MS and AD Insurance Group Holdings Inc., Munich Reinsurance Co., PartnerRe Ltd., QBE Insurance Group Ltd., Reinsurance Group of America Inc., RenaissanceRe Holdings Ltd., SCOR SE, Swiss Re Ltd., and The Toa Reinsurance Co. Ltd.. Key insights into market evolution with AI-powered analysis. Explore trends, segmentation, and growth drivers- View Free Sample PDF Reinsurance Market Scope Report Coverage Details Base year 2024 Historic period 2019 - 2023 Forecast period 2025-2029 Growth momentum & CAGR Accelerate at a CAGR of 12.2% Market growth 2025-2029 USD 539.3 billion Market structure Fragmented YoY growth 2022-2023 (%) 10.9 Regional analysis Europe, APAC, North America, Middle East and Africa, and South America Performing market contribution APAC at 37% Key countries US, Germany, Japan, China, UK, France, Canada, India, Italy, and Brazil Key companies profiled Allianz SE, American International Group Inc., AXA Group, Barents Re Reinsurance Co. Inc., Berkshire Hathaway Inc., BMS Group Ltd., Everest Group Ltd., Fairfax Financial Holdings Ltd., Great West Lifeco Inc., Hannover Re, Korean Reinsurance Co., MS and AD Insurance Group Holdings Inc., Munich Reinsurance Co., PartnerRe Ltd., QBE Insurance Group Ltd., Reinsurance Group of America Inc., RenaissanceRe Holdings Ltd., SCOR SE, Swiss Re Ltd., and The Toa Reinsurance Co. Ltd. Market Driver Reinsurance is a crucial part of the insurance industry where insurers transfer risks to reinsurers. Reinsurers, as the ceding companies' partners, help manage large risks and payouts from insurance policies. Reinsurance contracts come in various forms like facultative coverage, proportional reinsurance, and excess-of-loss reinsurance. The insured risk is the primary risk that the insurer holds, while the reinsurer assumes a portion. Reinsurers have underwriting capabilities, equity, and solvency to handle large financial burdens. They provide catastrophe protection by spreading risk and expertise. Treaty and facultative reinsurance are common types, with the former being a pre-agreed coverage amount and the latter being case-by-case. Reinsurance brokers and intermediaries play a significant role in facilitating these transactions. Capacity, underwriting results, and financing are essential factors for reinsurers. Catastrophe events, such as hurricanes, wildfires, and earthquakes, significantly impact the reinsurance market. Technology, including artificial intelligence and machine learning, is transforming reinsurance with insurance-linked securities and catastrophe reinsurance bonds. Emerging nations with low insurance penetration offer growth opportunities. However, risks like insolvency, cut-through provisions, and unauthorized or uncertified reinsurers necessitate regulatory oversight. Collateral, plenary, and RCAT charges are essential considerations for insurers and reinsurers. The reinsurance market experiences fluctuations due to various factors, including the number of substitute products and macroeconomic conditions. International business environments, tax reforms, policy decisions, and demographic shifts impact the interest rates of insurance premiums. These rates determine the market's supply and demand for reinsurance. In the last decade, the reinsurance market has seen significant changes, with dynamic demographics and the economy leading to interest rate variations. For instance, in April 2023, Allianz, AXA, and Zurich reported a decline in new business volumes in life insurance due to increased competition from banks and lower savings rates among private households. These trends continue to shape the reinsurance market, requiring insurers to adapt to changing market conditions and customer behavior. Request Sample of our comprehensive report now to stay ahead in the AI-driven market evolution! Market Challenges Reinsurance is a crucial segment of the insurance industry where insurers transfer risks to reinsurers. Reinsurers, as the ceding companies' partners, help manage large risks and spread them among a wider pool. The reinsurance contract outlines the terms, such as the insured risk, coverage period, and payouts for claims. Reinsurers assess risk through underwriting capabilities, solvency, and capacity. Challenges include managing catastrophic events, ensuring capacity, and dealing with insolvency. Facultative coverage and proportional reinsurance are common types, while catastrophe protection is essential for natural disasters like hurricanes, wildfires, and earthquakes. Risk-attaching reinsurance, such as excess-of-loss and treaty reinsurance, play a significant role. Intermediaries, like reinsurance brokers, facilitate transactions. Capacity is a concern due to the financial burden of large payouts and the need for collateral. Expertise in underwriting results, financing, and catastrophe protection are essential. Emerging nations and low insurance penetration pose opportunities for growth. Artificial intelligence, machine learning, insurance-linked securities, and catastrophe reinsurance bonds are transforming the industry. Ensuring licensed reinsurers, certified reinsurers, and avoiding unauthorized or uncertified reinsurers is vital. Cut-through provisions and RCAT charges impact the insurance business, while premiums, liability, and claims are key considerations.The reinsurance industry is embracing digital transformation, moving online for improved data organization, easy access, and efficient client management. Technology advances enable on-device and cloud storage. However, this increased reliance on technology introduces cybersecurity risks. Hacking, software intrusion, and intranet portal breaches pose threats to confidential client data. Misappropriated data can be sold to competitors, compromising the industry's trust and competitive edge. It's crucial for reinsurers to implement cybersecurity measures to protect sensitive information and maintain client confidentiality. Discover how AI is revolutionizing market trends- Get your access now! Segment Overview This reinsurance market report extensively covers market segmentation by ProductNon-life ReinsuranceLife ReinsuranceTypeFacultative ReinsuranceTreaty ReinsuranceGeographyEuropeAPACNorth AmericaMiddle East And AfricaSouth America 1.1 Non-life reinsurance- The non-life reinsurance market is expected to experience revenue growth, particularly in emerging regions such as Asia Pacific (APAC) and Africa. With large populations consisting mainly of young adults in their 20s, these regions present significant opportunities for non-life insurance. Millennials are more likely to acquire new assets and seek insurance coverage to protect them from financial loss. In Africa and many APAC countries, property and motor insurance are popular choices. In China, the industrial revolution has led to an increase in small and mid-size enterprises (SMEs), resulting in higher demand for property insurance and specialty policies like energy, marine, and aviation. The specialty insurance sub-segment is also expected to drive growth due to emerging risks in technology, politics, international relations, and terrorism. These factors will contribute to the expansion of the non-life reinsurance market in the forecast period. Download a Sample of our comprehensive report today to discover how AI-driven innovations are reshaping competitive dynamics Research Analysis Reinsurance is a critical segment of the insurance industry where an insurer transfers risks associated with large potential losses to a reinsurer. Reinsurance contracts help insurers manage their risk exposure and maintain financial stability. The reinsurer, as the reinsured party, assumes a portion of the risk and the potential financial loss from the insurer, known as the ceding party or cedent. Insured risks can include various types of liabilities, natural disasters such as hurricanes, wildfires, and earthquakes, and emerging risks like those posed by artificial intelligence and machine learning. Reinsurance brokers act as intermediaries between insurers and reinsurers. Retrocession is the practice of reinsurers transferring risks to other reinsurers. Regulatory changes, insurance-linked securities, and the growing insurance penetration in emerging nations are significant trends shaping the reinsurance market. Both licensed and unauthorized reinsurers operate in qualified jurisdictions, with certified reinsurers adhering to specific regulatory standards. Market Research Overview Reinsurance is a critical segment of the insurance industry where an insurer transfers some or all of the risk of a loss from an insurance policy to a reinsurer. Reinsurers act as risk carriers for insurers, providing them with financial security and enabling them to expand their coverage and assume larger risks. The reinsurance contract outlines the terms and conditions of the agreement between the ceding party (insurer) and the reinsurer. Reinsurance helps insurers manage their financial burden by spreading risk and providing payouts during catastrophic events. It comes in various forms, such as facultative coverage, proportional reinsurance, excess-of-loss reinsurance, and risk-attaching reinsurance. The coverage period, capacity, and underwriting results of a reinsurance contract depend on the insured risk, which can range from liability to natural disasters like hurricanes, wildfires, and earthquakes. Reinsurers assess the risk and underwriting capabilities of ceding companies and provide them with capacity and expertise. They may require collateral and charge a RCAT (Reinsurance Contracts and Agreements Tax) as part of the agreement. Reinsurance intermediaries, such as brokers, play a crucial role in facilitating these transactions. Reinsurance plays a vital role in financing catastrophe protection and managing the financial burden of insurers. It also enables insurers to offer insurance coverage in emerging nations with low insurance penetration. Innovations like artificial intelligence, machine learning, insurance-linked securities, and catastrophe reinsurance bonds are transforming the reinsurance industry. Table of Contents: 1 Executive Summary 2 Market Landscape 3 Market Sizing 4 Historic Market Size 5 Five Forces Analysis 6 Market Segmentation ProductNon-life ReinsuranceLife ReinsuranceTypeFacultative ReinsuranceTreaty ReinsuranceGeographyEuropeAPACNorth AmericaMiddle 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: [email protected] Website: www.technavio.com/ View original content to download multimedia:https://www.prnewswire.com/news-releases/reinsurance-market-to-grow-by-usd-539-3-billion-2025-2029-increase-in-demand-for-various-insurance-plans-boosts-the-market-report-with-the-ai-impact-on-market-trends---technavio-302369342.html SOURCE Technavio Market News and Data brought to you by Benzinga APIs

Packaging Market to Grow by USD 297.6 Billion by 2029, Boosted by Growth in Food Delivery and Takeaway Services, AI-Powered Market Evolution Report - Technavio

Enter your email to get Benzinga's ultimate morning update: The PreMarket Activity Newsletter NEW YORK, Feb. 6, 2025 /PRNewswire/ -- Report on how AI is driving market transformation - The global packaging market size is estimated to grow by USD 297.6 billion from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of 4.6% during the forecast period. Growth of food delivery and takeaway services is driving market growth, with a trend towards market strategies adopted by vendors. However, high cost of recycling rigid plastic products poses a challenge. Key market players include Amcor Plc, Ball Corp., Berry Global Inc., Constantia Flexibles Group GmbH, Crown Holdings Inc., Gerresheimer AG, Huhtamaki Oyj, International Paper Co., Mondi Plc, Oji Holdings Corp., Pregis LLC, Sealed Air Corp., Smurfit Kappa Group, Sonoco Products Co., Stora Enso Oyj, Tetra Laval SA, UPM Kymmene Corp., WestRock Co., and Winpak Ltd.. Key insights into market evolution with AI-powered analysis. Explore trends, segmentation, and growth drivers- View Free Sample PDF Packaging Market Scope Report Coverage Details Base year 2024 Historic period 2019 - 2023 Forecast period 2025-2029 Growth momentum & CAGR Accelerate at a CAGR of 4.6% Market growth 2025-2029 USD 297.6 billion Market structure Fragmented YoY growth 2022-2023 (%) 4.1 Regional analysis APAC, North America, Europe, Middle East and Africa, and South America Performing market contribution APAC at 41% Key countries US, China, Germany, UK, India, France, Japan, Canada, South Korea, and Italy Key companies profiled Amcor Plc, Ball Corp., Berry Global Inc., Constantia Flexibles Group GmbH, Crown Holdings Inc., Gerresheimer AG, Huhtamaki Oyj, International Paper Co., Mondi Plc, Oji Holdings Corp., Pregis LLC, Sealed Air Corp., Smurfit Kappa Group, Sonoco Products Co., Stora Enso Oyj, Tetra Laval SA, UPM Kymmene Corp., WestRock Co., and Winpak Ltd. Market Driver The packaging market is thriving, with trends like high-barrier films, stand-up retort pouches, metal tins, and glass jars leading the way. Food and beverages, personal care, and department stores are major sectors driving demand. Quality and presentation are key, with eco-friendly packaging gaining popularity. Cost-effective attributes are important, making plastic, paper and paperboard, glass, and metal popular packaging materials. Printing technology, such as flexography and digital, is advancing. Slimline collections, fiber-based egg cartons, and foam packaging are innovative solutions. Advanced film technology, lightweight foam plastics, and corrugated boxes offer protection. Stringent regulations require biodegradable plastics, recycled paper, and compostable packaging. Rigid protective packaging, wrapping, and e-commerce are growing sectors. PaperBox is a leading player, providing sustainable and cost-effective packaging solutions. The packaging market is witnessing continuous growth due to the introduction of new products by vendors. For instance, Amcor Plc's launch of AmFiber, a recyclable paper-based packaging platform, in January 2022 for coffee, drink powders, snacks, candy, seasoning, and soups, has set a new trend. In response to the increasing demand for aluminum cans, Ball Corporation expanded its operations in South America with a new manufacturing plant in Peru, announced in June 2022. These developments demonstrate the competitive nature of the global packaging market, as vendors strive to innovate and meet consumer demands. Request Sample of our comprehensive report now to stay ahead in the AI-driven market evolution! Market Challenges * The packaging market faces several challenges in various industries, particularly in food and beverages, personal care, and department stores. High-barrier films and stand-up retort pouches require advanced technology for effective packaging. Metal tins and glass jars offer quality presentation but add to cost. Eco-friendly packaging, including biodegradable plastics, recycled paper, and compostable packaging, is a growing trend. Cost-effective attributes are essential for businesses. Packaging materials like plastic, paper and paperboard, glass, and metal offer different benefits. Printing technology, such as flexography and digital, plays a crucial role in creating eye-catching designs. Food and beverage industries use slimline collections, fiber-based egg cartons, and foam packaging for lightweight and protective solutions. Strict regulations call for rigorous testing and certification. E-commerce growth necessitates and protective packaging. Innovations include advanced film technology, lightweight foam plastics, and corrugated boxes. Sustainability remains a priority with biodegradable plastics, compostable packaging, and eco-friendly materials. * The packaging market, specifically in rigid plastic products, involves significant investments for recycling due to high procurement costs, energy expenses, and collection and sorting of discarded plastic waste. Recycling processes include collecting, paying customers for scrap, transporting to recycling units, and cleaning, crushing, and melting. For many small and medium-scale manufacturers, producing new rigid plastic products is more cost-effective than recycling. Water consumption is high during cleaning, and additional energy and workforce are required for further recycling steps. Discover how AI is revolutionizing market trends- Get your access now! Segment Overview This packaging market report extensively covers market segmentation by TypeBoardRigid PlasticFlexibleMetalGlassEnd-userFoodBeverageHealthcarePersonal CareOthersGeographyAPACNorth AmericaEuropeMiddle East And AfricaSouth America 1.1 Board- Paperboard, a thick paper-based material, is widely used for packaging due to its foldability, rigidity, lightweight, and strength. Different types of paperboards, such as folding boxboard, chipboard, bleached paperboard, craft board, laminate board, and containerboard, cater to various packaging applications. Bleached paperboard, in particular, is popular for medical, cosmetic, frozen food, and candy packaging. The demand for personalized packaging with innovative designs and graphics has fueled the need for paperboard. Folding cartons, for instance, are widely used for personalized packaging. Additionally, the growth in adoption of bag-in-box packaging solutions for lubricants and beer will further boost paperboard demand. Recycled paperboard is commonly used but poses health risks due to mineral oil contamination. Price fluctuations of paper pulp, the major raw material, impact manufacturing costs and profitability. Specialized paperboard containers, which are lightweight, cost-effective, and visually appealing, cater to specific packaging needs. These containers shield fragile products, enable shelf balance, and attract buyers with appealing designs. WestRock Co. Offers specialized folding boxes for paper and paperboard containers, featuring high-impact graphics and innovative container features. The demand for paperboard containers is expected to rise due to their benefits. Download a Sample of our comprehensive report today to discover how AI-driven innovations are reshaping competitive dynamics Research Analysis The packaging market encompasses a wide range of products and industries, including food and beverages, personal care, department stores, and more. High-barrier films, stand-up retort pouches, metal tins, and glass jars are popular choices for preserving and protecting various goods. Quality and presentation are key considerations, with advanced film technology, lightweight foam plastics, and corrugated boxes offering innovative solutions. Sustainability is a growing concern, with fiber-based egg cartons, foam packaging made from renewable resources, biodegradable plastics, recycled paper, and compostable packaging gaining traction. Stringent regulations ensure safety and compliance, while rigid protective packaging and wrapping provide essential protection during transportation. Market Research Overview The packaging market encompasses a wide range of products and materials used to protect, preserve, and promote various consumer goods. Key product categories include food and beverages, personal care, and department stores. High-barrier films, stand-up retort pouches, metal tins, and glass jars are popular packaging solutions for these industries. Quality and presentation are essential factors, with eco-friendly packaging gaining popularity due to its cost-effective attributes and reduced environmental impact. Packaging material options include plastic, paper and paperboard, and glass, with advancements in printing technology such as flexography and digital methods enhancing visual appeal. Innovations like slimline collections, fiber-based egg cartons, foam packaging, and advanced film technology offer lightweight and protective solutions. Stringent regulations drive the use of biodegradable plastics, recycled paper, and compostable packaging. Rigid protective packaging, wrapping, and e-commerce packaging are also crucial segments of the market. PaperBox is an example of a company specializing in paper-based packaging solutions. Table of Contents: 1 Executive Summary 2 Market Landscape 3 Market Sizing 4 Historic Market Size 5 Five Forces Analysis 6 Market Segmentation TypeBoardRigid PlasticFlexibleMetalGlassEnd-userFoodBeverageHealthcarePersonal CareOthersGeographyAPACNorth 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: [email protected] Website: www.technavio.com/ View original content to download multimedia:https://www.prnewswire.com/news-releases/packaging-market-to-grow-by-usd-297-6-billion-by-2029--boosted-by-growth-in-food-delivery-and-takeaway-services-ai-powered-market-evolution-report----technavio-302369776.html SOURCE Technavio Market News and Data brought to you by Benzinga APIs

Smart Waste Management Market Set to Grow by USD 4.62 Billion from 2025-2029, Driven by Increasing Urbanization and Urban Waste Generation, 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. 7, 2025 /PRNewswire/ -- Report with market evolution powered by AI - The global smart waste management market size is estimated to grow by USD 4.62 billion from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of 21.6% during the forecast period. Increasing urbanization leading to urban waste generation is driving market growth, with a trend towards rise in number of strategic partnerships for smart waste management solutions. However, challenges associated with effective deployment of smart waste management solutions poses a challenge. Key market players include Aco Recycling, Big Belly Solar, LLC., Bine sp. Z o. O., BRE Group, Covanta Holding Corp., Ecube Labs, Enevo Inc., Evreka Yazilim Donanim Danismanlik Egitim Sanayi ve Ticaret A.S., Kantor Waste4Change, Mr. Fill B.V., Nordsense, Pepperl and Fuchs SE, Republic Services Inc., RTS Holding Inc., SENSONEO j. S. A., SUEZ SA, Veolia, Waste Harmonics LLC, Waste Management Inc., and Wellness TechGroup. Key insights into market evolution with AI-powered analysis. Explore trends, segmentation, and growth drivers- View Free Sample PDF Smart Waste Management Market Scope Report Coverage Details Base year 2024 Historic period 2019 - 2023 Forecast period 2025-2029 Growth momentum & CAGR Accelerate at a CAGR of 21.6% Market growth 2025-2029 USD 4619.7 million Market structure Fragmented YoY growth 2022-2023 (%) 16.1 Regional analysis North America, Europe, APAC, South America, and Middle East and Africa Performing market contribution North America at 35% Key countries US, Germany, China, France, Canada, UK, Japan, India, Brazil, and UAE Key companies profiled Aco Recycling, Big Belly Solar, LLC., Bine sp. Z o. O., BRE Group, Covanta Holding Corp., Ecube Labs, Enevo Inc., Evreka Yazilim Donanim Danismanlik Egitim Sanayi ve Ticaret A.S., Kantor Waste4Change, Mr. Fill B.V., Nordsense, Pepperl and Fuchs SE, Republic Services Inc., RTS Holding Inc., SENSONEO j. S. A., SUEZ SA, Veolia, Waste Harmonics LLC, Waste Management Inc., and Wellness TechGroup Market Driver The Smart Waste Management Market is experiencing significant growth due to urbanization and smart city initiatives. Key players in the market include Covanta Holding Corporation, Suez Environmental Services, Veolia Environmental Services, Bigbelly Inc, Waste Management, Inc, Sensoneo, Enevo Oy, and others. Trends in the market include the use of advanced technology and innovative strategies for efficient waste collection and disposal. Concerned authorities are focusing on environmental sustainability and stricter environmental regulations. Operational costs are a market restraint, but the use of sensors in waste collection services, route optimization, and real-time monitoring help reduce expenses. Historical data analysis of fill patterns, driver routes, and schedules also contributes to efficiency. Companies are investing in IoT-based systems, such as smart bins and disposal tags, for residential buildings, commercial spaces, and public places. The market drivers are the interest of companies in renewable benefits, recycling of plastic and e-waste, and the municipal and industrial sectors' need for sustainable waste management. Smart Collection, Smart Disposal, and Solid Waste segments are expected to dominate the market. The European Commission and the Government of Canada are also promoting smart waste management through environmental awareness and regulations. The waste management sector includes collecting, transportation, processing, and disposal of solid municipal waste, urban waste collection, waste material services, and more. The use of cameras, mobile computers, RFID, GPS, IoT sensors, and waste segregation technologies is increasing. The chemical manufacturing industry generates a large volume of waste, and companies are focusing on reducing carbon emissions through clean energy solutions and reusing resources like methane and CO2 gas. Innovative strategies include the use of sensors in waste collection vehicles for real-time tracking and optimization, and the implementation of cloud-based technologies for data analytics. The market is expected to grow despite higher operational costs due to the benefits of smart waste management for public health, environmental regulations, and the reduction of greenhouse gas emissions. Vendors in the smart waste management market are forming strategic partnerships with various entities, including government authorities and other vendors. These collaborations enable market expansion and revenue sharing. These partnerships offer real-time information tracking for end-users, enabling data-driven decision-making and real-time monitoring of trash levels. The rise in strategic alliances is boosting the implementation of smart waste management solutions, leading to the deployment of efficient systems worldwide. These solutions will be compatible with advanced technologies and components integrated into trash bins, providing real-time waste collection information. This trend will fuel the growth of the global smart waste management market throughout the forecast period. Request Sample of our comprehensive report now to stay ahead in the AI-driven market evolution! Market Challenges The Smart Waste Management market is growing due to urbanization and smart city initiatives, but faces challenges such as operational costs and environmental regulations. Trash collectors deal with waste or garbage production, while concerned authorities focus on public health and environmental sustainability. Recycling and disposal are key areas of innovation, with companies like Covanta Holding Corporation, Suez Environmental Services, and Veolia Environmental Services leading the way. Advance technology and sensors play a major role, with IoT-based systems and route optimization providing efficiency gains. E-waste management is a significant market driver, with key players offering reprocessing waste services. However, higher operational costs can be a market restraint. Companies are investing in capital for smart waste management solutions for residential buildings, commercial spaces, and public places using sensor-based containers, vacuum containers, and disposal tags. Solid municipal waste and urban waste collection are major segments, with the European Commission and governments pushing for strict environmental regulations. The waste management sector is also exploring clean energy solutions and renewable resources to reduce carbon emissions.Smart waste management involves the collection, disposal, and recycling of trash. Private companies and municipalities use trucks to collect waste from sensors-equipped bins, which send signals to the trucks' readers. Ineffective sensor deployment can lead to incorrect information, such as overfilled bins being reported as full or underfilled bins being overlooked. This can result in inefficient waste collection and recycling processes. To optimize these systems, it's crucial to ensure accurate sensor deployment and regular maintenance. Smart waste management solutions aim to reduce operational costs, minimize environmental impact, and enhance overall efficiency. Discover how AI is revolutionizing market trends- Get your access now! Segment Overview This smart waste management market report extensively covers market segmentation by ApplicationCollectionLandfillRecovery And RecyclingProcessingTypeSolid WasteSpecial WasteE-wasteGeographyNorth AmericaEuropeAPACSouth AmericaMiddle East And Africa 1.1 Collection- The collection segment of the global smart waste management market holds the largest share due to the traditional method of waste management facing challenges such as uneven management of domestic, industrial, and environmental wastes, leading to pollution and health hazards. Smart waste management systems address these issues by automating waste management through smart technology, minimizing human intervention, and reducing time and effort. These solutions enable efficient waste disposal by optimizing truck routes and analyzing trash levels in bins. With the increasing production of solid waste in municipalities, amounting to 2.01 billion tons per year, and projected to reach 3.40 billion tons by 2050, smart waste management is crucial for managing waste effectively. By connecting garbage collection and disposal infrastructure and devices across cities and communities, smart waste management plays a significant role in making cities more efficient and sustainable. Companies, hotels, and enterprises are partnering with smart waste management solution providers to integrate these solutions for managing and collecting waste. Download a Sample of our comprehensive report today to discover how AI-driven innovations are reshaping competitive dynamics Research Analysis Smart Waste Management refers to the implementation of technology and data analytics in waste collection and disposal processes to optimize resources, reduce costs, and improve efficiency. In residential buildings, commercial spaces, and public places, sensor-based containers and vacuum systems are used to monitor the volume of waste and trigger automatic collection. IoT-based waste bins with sensors, cameras, mobile computers, RFID, and GPS enable intelligent monitoring, route optimization, and waste segregation. Solid municipal waste is collected using sensor technologies and disposed of through waste processing facilities. Disposal tags help track waste disposal and ensure compliance with regulations. Smart city initiatives are driving the adoption of these technologies to create sustainable waste management systems. The integration of IoT sensors, cameras, and mobile computers enables real-time monitoring and analysis of trash production, leading to more effective and efficient waste management services. Market Research Overview The Smart Waste Management market is a growing sector driven by urbanization, smart city initiatives, and concerned authorities' increasing focus on environmental sustainability and public health. The market is characterized by advance technology and innovative strategies, including sensor-based waste collection and IoT-based systems. Operational costs are a significant concern, with the use of sensors, route optimization, and real-time monitoring helping to improve efficiency and reduce expenses. Environmental regulations and the interest of companies in renewable benefits are also key market drivers. Key market insights reveal that solid municipal waste, e-waste, and commercial waste segments are the largest contributors to the market. Historical data analysis of fill patterns, driver routes, and schedules helps optimize waste collection services, while remote monitoring and fuel prices impact operational costs. Sustainable waste management, data analytics, and government initiatives are also significant factors influencing the market. The market is expected to grow significantly due to the increasing volume of waste, the need for efficient waste management, and the availability of capital investments. Companies are investing in smart solutions such as sensor-based containers, vacuum containers, disposal tags, and fleet trucks to reduce carbon emissions and improve waste management sector efficiency. The use of sensors, RFID, GPS, and IoT sensors in waste segregation and waste processing is also gaining popularity. The European Commission and the Government of Canada are leading the way in implementing strict environmental regulations and promoting sustainable waste management practices. The market also includes the management of bio-medical waste, methane emissions from landfills, and the recycling of plastic and e-waste. The waste management industry is evolving to include water management, traffic management, energy management, and fleet management, with the use of short-range and wide-area IoT devices and real-time tracking. The market is expected to face market restraints due to higher operational costs and the need for capital investments. The market is expected to grow significantly in the coming years due to the increasing focus on environmental sustainability, the availability of renewable energy resources, and the need for efficient waste management solutions. Table of Contents: 1 Executive Summary 2 Market Landscape 3 Market Sizing 4 Historic Market Size 5 Five Forces Analysis 6 Market Segmentation ApplicationCollectionLandfillRecovery And RecyclingProcessingTypeSolid WasteSpecial WasteE-wasteGeographyNorth 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: [email protected] Website: www.technavio.com/ View original content to download multimedia:https://www.prnewswire.com/news-releases/smart-waste-management-market-set-to-grow-by-usd-4-62-billion-from-2025-2029--driven-by-increasing-urbanization-and-urban-waste-generation-report-on-how-ai-is-redefining-market-landscape---technavio-302370843.html SOURCE Technavio Market News and Data brought to you by Benzinga APIs

Digital Transformation Market in Oil and Gas to Grow by USD 56.4 Billion from 2025-2029, Fueled by Investments and Partnerships, with AI Driving Market Evolution - 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 driving market transformation - The global digital transformation market in oil and gas industry size is estimated to grow by USD 56.4 billion from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of 14.5% during the forecast period. Rrise in investments and partnerships is driving market growth, with a trend towards use of digital twin technology. However, lack of skilled labor poses a challenge. Key market players include Accenture PLC, Amazon.com Inc., AVEVA Group Plc, Emerson Electric Co., General Electric Co., Halliburton Co., Informatica Inc., Intel Corp., International Business Machines Corp., Microsoft Corp, NVIDIA Corp., Oracle Corp, Rockwell Automation Inc., SAP SE, Siemens AG, Sierra Wireless Inc., Tata Consultancy Services Ltd., Teradata Corp., and TIBCO Software 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 Technology (IoT, E and P software, Big data, Cloud computing, and Others), Sector (Downstream, Upstream, and Midstream), and Geography (APAC, North America, Middle East and Africa, Europe, and South America) Region Covered APAC, North America, Middle East and Africa, Europe, and South America Key companies profiled Accenture PLC, Amazon.com Inc., AVEVA Group Plc, Emerson Electric Co., General Electric Co., Halliburton Co., Informatica Inc., Intel Corp., International Business Machines Corp., Microsoft Corp, NVIDIA Corp., Oracle Corp, Rockwell Automation Inc., SAP SE, Siemens AG, Sierra Wireless Inc., Tata Consultancy Services Ltd., Teradata Corp., and TIBCO Software Inc. Key Market Trends Fueling Growth The Oil and Gas industry is undergoing a significant digital transformation. Trends like Big Data, Cloud Computing, IoT, AI, and Digital twins are revolutionizing Upstream, Midstream, and Downstream operations. In Exploration, Geoscience platforms use Data Science to analyze drilling prospects. In Refining, AI-based simulation and Prescriptive Maintenance optimize refinery throughput and manufacturing efficiency. Industrial Control Systems are being automated for better asset utilization and risk management. Extended Reality solutions monitor critical assets and facilities, enhancing safety and preventing fires. Field Devices and Sensor Systems use Predictive Analytics for preventive maintenance. Crude oil demand and refinery processes are monitored in real-time for optimal performance. Computer Vision and Turnaround planning tools ensure manufacturing efficiency and safety. Energy industries are embracing Digitalization, from Gas Stations to Petrochemicals, for improved risk management and operational excellence. The oil and gas industry is embracing digital transformation by integrating technologies like the digital twin. This innovation allows companies to create virtual models of their products, enabling comparison of actual and ideal conditions. By adopting digital twin technology, oil and gas firms can enhance safety, foster learning, and innovate production processes. Digital technology facilitates disparate views of sub-surface and surface systems, contributing to cost savings in energy production. Insights on how AI is driving innovation, efficiency, and market growth- Request Sample! Market Challenges The Oil and Gas industry is undergoing a significant digital transformation. Challenges such as Big Data, Cloud Computing, Internet of Things (IoT), Artificial Intelligence (AI), and Industrial Control Systems (ICS) are driving this change. Upstream, midstream, and downstream sectors are adopting digital solutions to monitor critical assets, optimize operations, and improve safety. Extended reality solutions are used to train workers and maintain facilities. Digital twins help explore new prospects in exploration and geoscience. Crude oil demand, High Speed Diesel, and refinery throughput are monitored using AI-based simulation and predictive analytics. Preventive maintenance is automated using prescriptive maintenance and sensor systems. Downstream operations, including petrochemicals, refining, and manufacturing efficiency, are improved using automation solutions and turnaround planning tools. Computer Vision is used for risk assessment and safety. The energy industries are digitalizing to monitor equipment performance, optimize energy usage, and manage application performance. IoT sensors are used to monitor critical assets, and AI is used for predictive maintenance and risk assessment. Extended reality solutions are used for training workers and maintaining facilities. Critical assets, including facilities and gas stations, are monitored using digitalization. AI and machine learning are used for optimization, automation, and risk assessment. Digitalization also helps in real-time monitoring of refining processes and preventive maintenance. The digital transformation in the Oil and Gas industry is essential for improving efficiency, reducing costs, and enhancing safety. It involves the adoption of various technologies such as Big Data, Cloud Computing, IoT, AI, and Extended Reality. The challenges include ensuring cybersecurity, integrating legacy systems, and training workers on new technologies. Despite these challenges, the benefits of digital transformation in the Oil and Gas industry are significant.Oil and gas producers are implementing advanced technologies, such as Artificial Intelligence (AI), Machine Learning (ML), Internet of Things (IoT) solutions, and big data analytics, to boost their return on investments. Big data has gained popularity due to the growing awareness of data-driven solutions. However, transforming massive datasets into valuable insights using big data analytics solutions necessitates technological expertise and analytics capabilities. Identifying the pertinent data for storage and processing is a significant challenge for professionals in data management. Moreover, analyzing unstructured data requires additional effort. Real-time analytics using big data and cloud-based software solutions offer oil and gas companies innovative opportunities to enhance oil production process efficiency, minimize costs and risks, ensure regulatory compliance, enhance safety, and make informed decisions. Insights into how AI is reshaping industries and driving growth- Download a Sample Report Segment Overview This digital transformation market in oil and gas industry report extensively covers market segmentation by TechnologyIoTE And P SoftwareBig DataCloud ComputingOthersSectorDownstreamUpstreamMidstreamGeographyAPACNorth AmericaMiddle East And AfricaEuropeSouth America 1.1 IoT- The oil and gas industry faces economic pressures from disparities in demand and supply, as well as volatile global energy prices. To address these challenges, companies are focusing on enhancing and extending the value of their existing assets while seeking new reserves. The implementation of Internet of Things (IoT) technology is a key strategy for transformation. In the upstream segment, IoT reduces non-productive time by enabling predictive maintenance of crucial equipment. In the midstream segment, IoT connects pipeline networks, monitors leaks and emissions, and optimizes emergency shutdown systems. In the downstream segment, real-time data analysis enables accurate consumer consumption predictions. IoT solutions in oil and gas are projected to increase crude output, profits, and global GDP. By deploying IoT devices across the value chain, organizations can make better decisions, create a safer working environment, and optimize operations. These benefits will drive the growth of the global digital transformation market in oil and gas industry. 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 Digital Transformation Market in the Oil and Gas Industry is experiencing significant growth as companies seek to optimize operations, enhance safety, and improve efficiency. The integration of technologies like Big Data, Cloud Computing, Internet of Things (IoT), Artificial Intelligence (AI), and Industrial Control Systems (ICS) is revolutionizing the sector. Upstream, midstream, and downstream processes are being digitized, with a focus on monitoring critical assets and exploration prospects using data science and geoscience platforms. Extended Reality (XR) solutions are being used to train personnel and simulate complex processes, while AI-based simulation and automation are streamlining workflows. Field devices and gas stations are being connected to the cloud for real-time monitoring and preventive maintenance. Computer Vision is being used to detect anomalies and prevent fires. Digitalization is transforming energy industries, from automating processes to optimizing petrochemicals production. Market Research Overview The Digital Transformation Market in the Oil and Gas Industry is witnessing significant growth due to the integration of advanced technologies such as Big Data, Cloud Computing, Internet of Things (IoT), Artificial Intelligence (AI), Industrial Control Systems, Extended Reality (XR), and Field Devices. These technologies are revolutionizing Upstream, Midstream, and Downstream operations in the Energy Industries. Big Data and Data Science are used for Exploration Prospects and Geoscience Platforms to enhance Crude Oil Demand and High Speed Diesel production. Cloud Computing and AI-based Simulation optimize Refining Processes and improve Asset Utilization and Manufacturing Efficiency. IoT Sensor Systems monitor equipment performance, preventive maintenance, and detect potential Fires. XR solutions provide Workers with training experiences and facilitate Remote Operations. Automation and Optimization tools reduce Risk and improve Safety in critical assets and facilities. Predictive Analytics and Prescriptive Maintenance enable Preventive measures, while Computer Vision and AI enhance Turnaround Planning and Application Performance Management. The Digitalization of Downstream operations, including Petrochemicals and Refining, leads to increased Refinery Throughput and improved Crude Oil Demand forecasting. Table of Contents: 1 Executive Summary 2 Market Landscape 3 Market Sizing 4 Historic Market Size 5 Five Forces Analysis 6 Market Segmentation TechnologyIoTE And P SoftwareBig DataCloud ComputingOthersSectorDownstreamUpstreamMidstreamGeographyAPACNorth AmericaMiddle East And AfricaEuropeSouth 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: [email protected] Website: www.technavio.com/ View original content to download multimedia:https://www.prnewswire.com/news-releases/digital-transformation-market-in-oil-and-gas-to-grow-by-usd-56-4-billion-from-2025-2029--fueled-by-investments-and-partnerships-with-ai-driving-market-evolution---technavio-302371299.html SOURCE Technavio Market News and Data brought to you by Benzinga APIs