#Computer Graphics Market Forecast

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Computer Graphics Market - Forecast(2024 - 2030)

Computer Graphics Market Overview:

Computer Graphics Market size is estimated to reach US$52.6 billion by 2030, growing at a CAGR of 5.7% during the forecast period 2024-2030. Advancement in the Entertainment Industry and Increasing need for Graphics Software are expected to propel the growth of Computer Graphics Market. Additionally, AI and machine learning technologies are increasingly being integrated into computer graphics workflows, offering new opportunities for automation, optimization, and creative enhancement. AI-powered tools can assist with tasks such as image upscaling, denoising, content generation, and character animation. Virtual production techniques, often associated with the film and entertainment industries, are increasingly being adopted across various sectors, including advertising, education, and architecture. By combining virtual and physical environments, XR technologies facilitate immersive experiences and interactive storytelling, allowing users to explore digital worlds and interact with virtual objects in real-time. From pre-visualization and set design to live performances and interactive installations, virtual production and XR technologies are driving innovation and transforming the way content is produced, consumed, and experienced across industries. 

Computer Graphics Market - Report Coverage:

The “Computer Graphics Market Report - Forecast (2024-2030)” by IndustryARC, covers an in-depth analysis of the following segments in the Computer Graphics Market.

COVID-19 / Ukraine Crisis - Impact Analysis:  

The computer graphics market faced significant disruptions due to the COVID-19 pandemic, as lockdowns and restrictions imposed worldwide led to disruptions in production schedules, and project timelines. In the entertainment industry, film and television productions were halted or delayed, impacting the demand for visual effects and animation services. However, the shift towards remote work and virtual collaboration accelerated the adoption of cloud-based rendering services and collaboration tools, driving innovation in the computer graphics industry.

The conflict in Ukraine had a limited direct impact on the global computer graphics market, but it indirectly affected the industry through geopolitical tensions and disruptions. Ukraine serves as a key hub for outsourcing services, including software development and IT outsourcing, and the conflict have led to disruptions or relocations of some outsourcing operations. However, the long-term impact on the computer graphics market will depend on the resolution of the conflict and the stability of the region's political and economic situation.

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Key Takeaways:

North America Dominated the Market

Geographically, in the Computer Graphics market share, the North America region is analyzed to hold a dominant market share of 41% in 2023, owing to the large local manufacturing industries and easy availability of hardware components at reduced costs in countries such as the US and Canada. Throughout the United States, the media and entertainment industry are growing increasingly due to increasing advances in the fields of film, television and advertisements, streaming content, music and audio recordings, broadcasting, radio, book publishing, video games and others. North America is seeing tremendous growth because it is a center for computer graphics design software and hardware component due to the involvement of a large number of Visual Effects (VFX) companies, this is expected to positively affect the global market of computer graphics. In addition, the U.S. is regarded as a prime location of production for a large number of media and entertainment companies.

Entertainment & Media is the fastest growing segment

In the Computer Graphics Market forecast, Entertainment & Media segment is estimated to grow with a CAGR of 7.8% during the forecast period. The growth of the computer graphics industry as animation is increasingly required for films, games and advertisement. Growing demand in entertainment industry for computer graphics is a major factor anticipated to drive market growth. Computer graphics are used to create 3D animation and 3D movies which also boost computer graphics demand and are expected to boost market growth. Growing demand for graphics software in business processes, rising mobile use and growing use of internet websites are also expected to fuel global market growth in the near future. Using computer-aided design to provide real-time animation for movies and gaming is accelerating the entertainment industry enormously. With the aid of computer graphics, the high-end gaming with impressive digital video is getting highly traction. The computer graphics market is driven by rising use of mobile devices and increasing exposure to software personalization and customization.

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Animation to Hold Largest Market Share

According to the Computer Graphics Market analysis, the Animation is estimated to hold the largest market share of 55% in 2023, driven by the need for greater control, security, and customization among enterprises. The invention of computer graphics helps consumers to create animated movies and games with special effects and scenes that are attracting the attention of massive customers. Animation segment development is also leading to the growth of the entertainment and media sector, owing to the increasing need for attractive animated scenes in games and films. Animation is one of the most efficient tools to use on your web site. Animation's skillful use on your website or blog will help boost your targeted traffic in ways that ordinary text-based content can't do to you. Such characters are expected to fuel animation market growth and therefore eventually computer graphics market growth.

Advancement in the Entertainment Industry

The growing impact toward artificial intelligence, augmented and virtual reality, interactive advertising, and block chains are widely leading to entertainment industry advancement. The introduction of digital technologies has changed the way people interpret the pictures and videos. New innovations are being implemented to captivate customers and create innovative user experiences in which consumers engage with brands in unique and engaging ways. Such substantial factors push the demand for computer graphics and will help to boost the market growth. In May 2022, three new Radeon RX 6000 Series graphics cards from AMD were launched, along with the first games that would support AMD FidelityFX Super Resolution 2.0. In comparison to previous-generation products, these three revised versions offered faster game clocks, faster GDDR6 memory, and improved software and firmware. They also provided remarkable performance-per-watt based on AMD RDNATM 2 technology. Thus, due to the growing use of computer graphics in the entertainment sector, the market for computer graphics is anticipated to expand.

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Increasing need for Graphics Software

Computer graphics software such as computer assisted design (CAD) is considered to be the most essential software used in various applications from animation to architecture, image processing, and so on. CAD is also commonly used for construction design, space crafts, cars, textile machines, computer hardware, watercraft etc. CADs are gaining immense popularity and are commonly used for real-time animation by using the wire type to display animated designs on a video monitor to check vehicle output or another device. In addition, the use of visualization tools by scientists, engineers, medical professionals, business analyzers and other to analyze vast quantities of knowledge from certain systems, numerical simulations, satellite cameras and other sources drives the computer graphics market. In January 2024, Foundry launches Flix 7.0, a major update to its pre-production software that helps studios develop iconic stories by managing editorial round-tripping, storyboard revisions, file versioning, and more.

Rising Price of the Computer Graphics Software

Computer graphics effects require a hardware and software of their own. Replacing old hardware and software processes with 3D hardware and software is costly, which can hinder global computer graphics market growth. As demand for real-time animation and more enhanced video and images in the entertainment and media industry is increasing, subscription prices are increasing. Computer graphics market is hindered by the increasing cost of advanced technologies for providing more visual effects to the video. From an article in 2023, The cost to develop and maintain the software can be extraordinarily high. Nvidia makes most of the GPUs for the AI industry, and its primary data center workhorse chip costs $10,000. Analysts and technologists estimate that the critical process of training a large language model such as GPT-3 could cost over $4 million. High software costs may deter potential users from adopting or upgrading to the latest versions of graphics software, leading to slower adoption rates and longer product life cycles.

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Key Market Players: 

Product/Service launches, approvals, patents and events, acquisitions, partnerships and collaborations are key strategies adopted by players in the Computer Graphics Market. The top 10 companies in this industry are listed below:

Autodesk, Inc.

Adobe Inc.

NVIDIA Corporation

Dassault Systèmes SE

The Foundry Visionmongers

Advanced Micro Devices (AMD), Inc.

Intel Corporation

Siemens PLM Software

ARM, Ltd.

Oracle PLM

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MediaTek Dimensity 9300+: Experience Next-Level Performance

MediaTek Dimensity 9300+

All-Big-Core Processor: Superior Performance With the MediaTek Dimensity 9300+, Arm Cortex-X4 speeds are increased to unprecedented heights, setting a new standard for smartphone performance for enthusiasts and gamers.

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Introducing a user-privacy-focused security design that safeguards critical processes both during secure computing and boot-up, preventing physical attacks on data access.

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Every year,their inventions impact over 2 billion devices Fifth-largest fabless semiconductor maker MediaTek. MediaTek chips power 2 billion devices annually; you undoubtedly have one! Here at MediaTek, they design technology with people in mind to improve and enrich daily existence.

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MediaTek Dimensity 9300+ Specs CPU Processor 1x Arm Cortex-X4 up to 3.4GHz 3x Arm Cortex-X4 up to 2.85GHz 4x Arm Cortex-A720 up to 2.0GHz Cores Octa (8)

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Storage Type UFS 4 + MCQ

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Wi-Fi Antenna 2T2R

Bluetooth 5.4

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Security Security Features Secure Processor, HWRoT Arm Memory Tagging Extension (MTE) Technology CC EAL4+ Capable, FIPS 140-3, China DRM

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Global AI Accelerator Chip Market Expected to Grow Substantially Owing to Healthcare Industry

Global AI Accelerator Chip Market Expected to Grow Substantially Owing to Increased Use of AI Accelerator Chips in Healthcare Industry. The global AI accelerator chip market is expected to grow primarily due to its growing use in the healthcare industry. The cloud sub-segment is expected to flourish immensely. The market in the North American region is predicted to grow with a high CAGR by 2031. NEW YORK, March 17, 2023 - As per the report published by Research Dive, the global AI accelerator chip market is expected to register a revenue of $332,142.7 million by 2031 with a CAGR of 39.3% during the 2022-2031 period.

Dynamics of the Global AI Accelerator Chip Market

Growing use of AI accelerator chips across the global healthcare industry is expected to become the primary growth driver of the AI accelerator chip market in the forecast period. Additionally, the rise of the cyber safety business is predicted to propel the market forward. However, according to market analysts, lack of skilled AI accelerator chip workforce might become a restraint in the growth of the market. The growing use of AI accelerator chip semiconductors is predicted to offer numerous growth opportunities to the market in the forecast period. Moreover, the increased use of AI accelerator chips to execute AI workloads such as neural networks is expected to propel the AI accelerator chip market forward in the coming period.

COVID-19 Impact on the Global AI Accelerator Chip Market

The Covid-19 pandemic disrupted the routine lifestyle of people across the globe and the subsequent lockdowns adversely impacted the industrial processes across all sectors. The AI accelerator chip market, too, was negatively impacted due to the pandemic. The disruptions in global supply chains due to the pandemic resulted in a decline in the semiconductor manufacturing industry. Also, the travel restrictions put in place by various governments reduced the availability of skilled workforce. These factors brought down the growth rate of the market.

Key Players of the Global AI Accelerator Chip Market

The major players in the market include: - NVIDIA Corporation - Micron Technology Inc. - NXP Semiconductors N.V. - Intel Corporation - Microsoft Corporation - Advanced Micro Devices Inc. (AMD) - Qualcomm Technologies Inc. - Alphabet Inc. (Google Inc.) - Graphcore Limited. - International Business Machines Corporation These players are working on developing strategies such as product development, merger and acquisition, partnerships, and collaborations to sustain market growth. For instance, in May 2022, Intel Habana, a subsidiary of Intel, announced the launch of 2nd generation AI chips which according to the company, will provide a 2X performance advantage over the previous generation NVIDIA A100. This product launch will help Intel Habana to capitalize on this rather nascent market and will consolidate its lead over the competitors further.

What the Report Covers:

Apart from the information summarized in this press release, the final report covers crucial aspects of the market including SWOT analysis, market overview, Porter's five forces analysis, market dynamics, segmentation (key market trends, forecast analysis, and regional analysis), and company profiles (company overview, operating business segments, product portfolio, financial performance, and latest strategic moves and developments.)

Segments of the AI Accelerator Chip Market

The report has divided the AI accelerator chip market into the following segments: Chip Type: Graphics Processing Unit (GPU), Application-Specific Integrated Circuit (ASIC), Field Programmable Gate Arrays (FPGA), Central Processing Unit (CPU), and others Processing Type: edge and cloud Application: Natural Language Processing (NLP), computer vision, robotics, and network security Industry Vertical: financial services, automotive and transportation, healthcare, retail, telecom, and others Region: North America, Europe, Asia-Pacific, and LAMEA SegmentSub-SegmentChip TypeCentral Processing Unit (CPU) – Most dominant market share in 2021 - The use of CPU for improving the performance of a computer while running graphics and video editors are expected to push the growth of this sub-segment further.Processing TypeCloud – Significant revenue growth in 2021 Cloud acceleration chip helps content creators, publishers, and other entities to offer material to end users promptly which is predicted to propel the growth rate of the market higher.ApplicationNatural Language Processing (NLP) – Highest market share in 2021 Increased use of Natural Language Processing (NLP) due to its ability to make computer-human interactions more natural is expected to propel the sub-segment forward.Industry VerticalHealthcare– Huge market revenue in 2021 The growing use of AI by major healthcare companies to complement medical imaging is anticipated to offer numerous growth opportunities to the sub-segment in the forecast period.RegionNorth America – Most profitable by 2031 The development of new technologies in artificial intelligence (AI) accelerators in this region is predicted to propel the market in the forecast period. Read the full article

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How To Forecast and Calculate the ROI of SEO (With Template)

March 22, 2023

By: Dan Ansaldo, SEO Specialist

With the continued rise of AI and ChatGPT, constant algorithm updates, and the never-ending goal of beating the competition, understanding the ROI (return on investment) of SEO has arguably never been more important.

How do you know if your SEO is effective? How can you determine if it’s going to create positive ROI? Is it even possible to forecast like other marketing channels?

These are critical questions to ask and answer. Let’s dive in!

What is the ROI of SEO?

Return on Investment (ROI) is the monetary gain you receive from investing in Search Engine Optimization (SEO). The goal of SEO — and all marketing efforts for that matter — is to earn you (or your client) more money than what you spend.

When you receive more website traffic, conversions, and ultimately leads and sales from your SEO efforts, that’s the positive return coming into effect.

While SEO is very effective, and arguably the most effective digital marketing channel long term, it’s complicated to understand — especially when calculating SEO ROI or forecasting potential ROI.

So can it be done? Yes, but it can be a bit cumbersome at times.

Why It’s Important To Determine the ROI of SEO

Like any other business investment, it's crucial to determine the impact of your SEO campaigns. Understanding the effect is key to making the most of your SEO efforts. If left in the wrong hands, SEO can become nothing more than an expensive housekeeping service for your website.

But when in the right hands, a thorough SEO strategy can be a powerful tool that sets you (or your client) up as an authority in the industry and attracts invaluable, converting website traffic. Being cognizant of the cost and conversions stemming from SEO helps you better understand the impact SEO is having.

How To Calculate The ROI Of SEO

Calculating the ROI of SEO for Ecommerce sites is different from lead generation sites. No matter what kind of business you operate, this process starts with conversion tracking and a solid look at your Google Analytics account, so have that handy before moving on.

Identify Your SEO Expenditures

First, you need to identify your SEO expenditures. If you hired a freelancer or an agency to do your SEO for you, this is simple. Your SEO cost is the price you pay the freelancer/agency each month.

If you’re doing SEO in-house, you need to take all of the following into consideration:

Software/tools: Whether it be cloud-based or downloaded on your computer, every successful SEO needs their tools. Moz, Semrush, Surfer, Screaming Frog, ContentKing…the list goes on and on.

Content Production: If you have a copywriter in-house, calculate the time (and cost) it takes them to write each article. If you outsource, how much do you pay for your content?

Editing and Plagiarism: Do you use Grammarly or Hemmingway to edit your articles? How about running through CopyScape to check for plagiarism? These may be small costs, but they all add up.  

Graphics: If you use graphic or image software like Canva, Adobe, or iStock, you’ll want to account for these.

Misc: There are other SEO-related costs that can come up (speed optimizations, citation building, etc.), so make sure you track them all to make your ROI calculations as accurate as possible.

Set Up Conversions for Ecommerce Sites

The first thing you need to do for your Ecommerce site is set up conversions in Google Analytics. This allows you to capture the conversions occurring on your site. Once Ecommerce tracking is set up, you can see the overview of your sales data by going to the Conversions tab on the left navigation panel, then Ecommerce, then Overview if you still have Universal Analytics.

This is what that looks like:

Remember, Google is putting Universal Analytics to rest for good, so switch to GA4 as soon as possible if you have not done so.

If you are using GA4, then you would go to Reports, then Monetization, and finally Ecommerce purchases. Below is an example of Google’s online store. The chart and data will automatically sort by items viewed, largest to smallest, but you can select items purchased to see the items that have been purchased the most for the time frame.

Now, in GA4, click on the plus sign at the top next to “Item name” to add a filter, and filter to include Session source/medium. Then click google/organic (click apply) to see conversions coming from organic search or at least partially attributed to organic search.

Set Up Conversions for Lead Generation Sites

If you don’t sell items directly on your site, it can be a bit more challenging to know how much money comes from your site. The first step you need to do is create events in your Google Analytics account and then mark them as conversions. You also need to assign a value to each conversion. Here’s how you do that:

Identify your top conversion events (form submission, “call us today” button, “get a free quote” button, etc.)

Count how many of those conversion events/leads become paying customers

Calculate the average amount of money your customers spend

Divide the total revenue by the total number of conversions to get a value per conversion.

For example, let's say 100 people clicked on your “call us today” button in a given month. If you have that selected as a converting event, you get 100 conversions.

Of those 100 people that clicked, 10 became customers and spent $6000 collectively. That means on average, each “call us today” conversion was worth $60 ($6000 total revenue/ 100 conversions).

Now you can mark the “call us today” button with a $60 value. Repeat this process for the other conversions. When you’re done, you’ll have a nice list of conversions set.

If you don’t know how many conversions you get from each event (and thus can’t calculate the value of each conversion type), you’ll have to gather data for a couple months.

From this point on, you’ll be able to see how many conversions were attributed to organic search by going to the Advertising tab.

Calculate Your ROI!

Once you have all of the above information at your fingertips, it’s time to calculate! This is by far the easiest step. Here’s how you calculate your ROI:

SEO ROI = (Revenue From Organic Conversions - Cost of SEO Investment) / Cost of SEO Investment

Time for another hypothetical. Let’s say your revenue from organic conversions in one quarter was $80K and you spent $15K on SEO services. This would be your calculation:

($80K - $15K) / $15K = 4.33

Multiple 4.33 by 100 to get your percent, and your ROI from your SEO for that quarter was 433%. Not bad at all!

How To Forecast Potential ROI from SEO

Perhaps you are not investing in SEO at the moment (you probably should though) and you’re curious about what the potential ROI could be. Or, you need to calculate it for a potential client, here’s how you would go about forecasting potential ROI.

Disclaimer: This is a forecast, not a guarantee. Since there are many moving parts to the equation, the final ROI can be different from what you calculate.

Identify the Keyword Search Volume

The first step is to go to your favorite SEO tool (like Semrush) and look at the search volume for your target keyword. If you wanted to rank for “San Francisco SEO Company,” you’d plug that into Semrush and see that it is searched about 210 times per month.

Now, multiply that number by 0.276 because that’s the average click-through rate (CTR) of the number one organic ranking position in Google. That gives us 58 (rounding up).

That means if you rank #1 for that keyword on Google, you can assume you’ll get about 58 people coming to your website from that term each month.

Multiply 58 by your average conversion rate for all of your conversion events. Remember those from earlier? To get your average conversion rate, divide the number of paying customers by the number of leads/converting events.

Using the lead generation example from earlier, if 100 people total clicked on a converting event (form submission, “call us today” button, “get a free quote" button, etc.) in one month and 7 of those became paying customers, your conversation rate is 7% (7/100 = 0.07 x 100 = 7%).

If we multiply 58 (the number of monthly assumed visitors from the keyword “San Francisco SEO Company,”) by .07 or 7% (your average website conversion rate) you get 4.06. This is the average number of MONTHLY purchasers you can expect to gain from ranking #1 on Google.

Finally, multiply 4 (round down to the whole number) by your average order value (AOV) to get the potential income from that keyword on a monthly basis. For instance, if your average customer spends $5K monthly (not too bad for an SEO company) then your potential monthly revenue if you rank #1 for “San Francisco SEO Company” is about $20K (4 x $5K).

Annually that would be over $243,000 from a single keyword. Now do you see why SEO is so valuable?

Here is the ROI forecasting spreadsheet you can use to calculate the potential SEO ROI

Need Help With SEO?

If you need help with your SEO — as a business owner or an agency — shoot us a message. Whether you’re an Ecommerce business or a lead generation business, we can help you (or your client) gain visibility in the SERPs and take advantage of the compounding power of SEO.

READ OUR LAST ARTICLE: 5 Tips For Your Next Influencer Campaign

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Building Worlds: How Game Engines Are Shaping the Future of Gaming

The global game engines market is witnessing rapid growth, driven by the rising demand for immersive and interactive gaming experiences across various platforms, including mobile devices, consoles, and personal computers. According to the report, the market is projected to grow at a significant compound annual growth rate (CAGR) over the forecast period from 2022 to 2028.

What is a Game Engine?

A game engine is the foundational software used to design, develop, and create video games. It provides core functionalities, including rendering graphics, detecting collisions, managing physics, and handling animations, allowing developers to build games more efficiently. Game engines also support cross-platform development, enabling creators to launch games on multiple platforms from a single codebase, which is especially beneficial for mobile and console gaming.

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Market Dynamics and Growth Drivers

Several factors are contributing to the expansion of the global game engines market:

Increasing Demand for Interactive Content: With the growth of mobile and console gaming, there is a surge in demand for visually rich and interactive games, which rely on advanced game engines to deliver smooth gameplay and realistic graphics.

Rising Popularity of AR and VR: The popularity of augmented reality (AR) and virtual reality (VR) has created a need for sophisticated game engines that can handle complex 3D graphics and high frame rates. Game engines such as Unity and Unreal are well-suited to AR and VR development, broadening their applications beyond traditional gaming.

Growing Game Development Ecosystem: The game development ecosystem is evolving, with an increasing number of indie developers, studios, and large companies investing in game creation. Game engines enable faster and more cost-effective development, making them attractive to a broad range of developers.

Advancements in Graphics Technology: Continued advancements in graphics technology, such as ray tracing, high-definition textures, and improved processing power, are pushing game engines to innovate further to support the creation of realistic and immersive worlds.

Regional Analysis

North America: North America is a key market for game engines, driven by a high concentration of game developers and strong consumer demand for advanced gaming. The region’s well-established tech industry and gaming culture contribute to the adoption of cutting-edge game engines.

Europe: Europe is another major market for game engines, with countries like the UK, Germany, and France being home to a thriving game development scene. The adoption of AR, VR, and mobile gaming in the region supports growth in this market.

Asia-Pacific: Asia-Pacific is expected to witness the fastest growth, with markets like China, Japan, and South Korea playing a significant role. The popularity of mobile gaming in these countries, combined with investments in gaming infrastructure and technology, is driving the adoption of game engines in the region.

Latin America, Middle East & Africa: Emerging gaming markets in Latin America and the Middle East are also adopting game engines as the gaming industry in these regions grows. The demand for mobile and console games is increasing, and developers are looking for versatile engines to support cross-platform releases.

Competitive Landscape

The game engines market is highly competitive, with several established players leading the industry. Key companies include:

Unity Technologies: Unity is one of the most widely used game engines, known for its versatility in 2D, 3D, AR, and VR game development. Unity’s ease of use, extensive asset store, and strong developer community make it popular among both indie and professional developers.

Epic Games (Unreal Engine): Unreal Engine is renowned for its high-fidelity graphics and is used widely for AAA games and complex simulations. Epic Games’ ongoing advancements in rendering and visual effects keep Unreal a top choice for demanding projects.

Crytek (CryEngine): CryEngine offers high-end rendering capabilities and is known for creating visually stunning games. While it has a smaller user base than Unity or Unreal, it remains popular for graphically intense projects.

Amazon Web Services (Lumberyard): Lumberyard is a free cross-platform game engine developed by Amazon. It integrates well with AWS cloud services, making it suitable for online multiplayer games and games that rely on cloud-based infrastructure.

Godot Engine: As an open-source engine, Godot is gaining popularity among indie developers due to its cost-effectiveness and active community. It supports both 2D and 3D development, making it flexible for various game styles.

Report Overview : https://www.infiniumglobalresearch.com/reports/global-game-engines-market

Challenges and Opportunities

While the game engines market shows strong potential, it also faces challenges. For instance, licensing costs and royalties for high-end engines can be restrictive for small developers. Additionally, as new engines and updates are released, developers must continuously learn and adapt to new tools, which requires time and resources.

However, significant opportunities exist in the market as well. The rising adoption of cloud gaming is opening up new possibilities for game engines to integrate cloud functionalities, which could enhance gaming experiences. Further, as non-gaming industries, such as architecture, film, and education, increasingly use game engines for simulations and visualizations, the market scope is broadening beyond traditional gaming applications.

Conclusion

The game engines market is poised for substantial growth as demand for high-quality, immersive gaming continues to rise across devices and platforms. With advancements in AR, VR, and cloud gaming, game engines are becoming essential tools for developers seeking to create engaging content across industries. As a result, the market is expected to expand significantly over the forecast period, driven by technological advancements and a growing user base in regions worldwide.

Discover More of Our Reports

Aeroponics Farming Market

[jcmarchi]

3 Steps for Retailers to Generate and Capture Value from AI Investments

New Post has been published on https://thedigitalinsider.com/3-steps-for-retailers-to-generate-and-capture-value-from-ai-investments/

3 Steps for Retailers to Generate and Capture Value from AI Investments

The retail sector is growing and increasingly competitive as companies vie for consumers’ attention and wallets. According to the National Retail Federation, core sales rose 3.2% year-over-year in the first half of 2024, and total sales are forecast to eclipse 2023 by between 2.5% and 3.5%. In a tight market, retailers are looking for a competitive advantage, and many are turning to artificial intelligence (AI).

AI has been positioned as a disruptive capability that can reimagine offerings, expand choice, and drive new business models. Retailers have made significant investments in AI, but they need to better understand how to use the technology to create value for customers and capture value for themselves.

While the technology has been around in some form for years, algorithms have grown better and faster, computing capabilities have improved, and price points have become more affordable. NVIDIA graphics processing units (GPUs) can make what once was a seven-day compute into a seven-minute compute, and Snowflake has added flexibility to its AI cost structure by also charging per compute. These factors have unlocked more AI use cases for retailers and made the technology fit better into IT budgets.

However, many retailers are still struggling to see tangible returns on their AI investments. They’re experimenting within months, not years, and can’t afford to take a spray-and-pray approach with those trials. Retailers must approach AI strategically so they can meet their ROI goals, especially as the industry faces changing consumer behaviors.

Let’s dig in and examine the three steps to unlocking value creation and value capture.

Mature data into a strategic asset

For retailers to successfully leverage AI, they must first ensure their data is mature, clean, and harmonized. Without high-quality data, even the most sophisticated AI algorithms will fall short, leading to the adage “garbage in, garbage out.”

In retail, data comes from various sources: point-of-sale systems, e-commerce platforms, inventory management systems, customer relationship management (CRM) tools, and even external sources like social media and weather forecasts. To create a strategic asset, retailers must integrate data from all those sources, cleanse and standardize it, ensure its accuracy and completeness, and implement robust data governance practices.

One area where high-quality data can significantly impact both value creation and capture is forecast planning. Accurate forecasting is crucial for retailers to optimize inventory levels, reduce waste, and meet customer demand. Consider the fashion industry, where planning cycles can stretch up to 18 to 24 months. Retailers must predict trends, consumer preferences, and demand levels far in advance, often with limited data.

By leveraging AI with a solid data foundation, retailers can incorporate an unprecedented number of variables into their forecasting models, like historical sales figures, demographic information, weather patterns, economic indicators, and social media trends.

Encourage a culture of experimentation

This approach is essential for value creation, as it allows retailers to test and refine AI-driven initiatives that directly benefit customers. By running targeted experiments, retailers can identify which AI applications truly resonate with their customers and drive loyalty without committing to large-scale implementations prematurely.

A critical aspect in driving a culture of experimentation is the creation of concise use cases and deriving KPI measurements to determine its eventual success. Collaboration among business and technology stakeholders, which includes engineers, analysts and data scientists, is necessary as the experiment evolves from concept to reality. Equally imperative, is the mindset to pull back an experiment when the realized value does not meet expectations.

This culture encourages innovation and helps retailers stay agile as market conditions change. It allows them to test new ideas quickly and cost-effectively, reducing the risk associated with large-scale AI implementations.

Build out the ecosystem

While the previous steps focus primarily on creating value for customers, this step is crucial for value capture — ensuring that retailers can effectively monetize their AI initiatives.

A retailer’s ecosystem can include technology providers, brands, influencers, content creators, and even other retailers. By constructing such an ecosystem, retailers can create new revenue streams, enhance their offerings, and strengthen their market position.

For instance, a retailer might collaborate with a computer vision company to create an AI-powered visual search tool, allowing customers to find products by uploading images. This enhances the shopping experience and opens up opportunities for targeted advertising and product recommendations.

Influencer marketing is another area where AI and ecosystem building intersect. Retailers can use AI to identify and analyze the most effective influencers for their brand based on factors like audience demographics, engagement rates, and content relevance. By integrating influencers into their AI-driven marketing strategies, retailers can extend their reach and create more authentic connections with potential customers.

Retailers must carefully navigate issues of data privacy, competitive dynamics, and brand alignment. However, when done successfully, it can create a cycle in which the value created for customers through AI initiatives is effectively captured and monetized by the retailer and its ecosystem partners.

This strategic approach to AI implementation allows retailers to move beyond the hype and toward practical, results-driven applications. As AI continues to evolve, those who master these steps will be well-positioned to thrive in the retail landscape. Skillfully balancing value creation and value capture in AI initiatives turns technological potential into a competitive advantage.

[sachinreportprime]

Cloud Gaming Market: Key Drivers, Technologies and Trends Shaping the Industry

The Cloud Gaming Market is revolutionizing the gaming industry by providing an innovative solution to the limitations of traditional gaming hardware. Instead of requiring expensive consoles or high-end PCs, cloud gaming allows players to stream games directly from remote servers. This technology enables gamers to access their favorite titles from virtually any device with an internet connection, such as smartphones, tablets, or smart TVs. By offloading the processing power to cloud-based data centers, cloud gaming eliminates the need for costly gaming equipment, making high-quality gaming more accessible to a broader audience. This market is solving the problem of hardware barriers, enabling users to enjoy gaming experiences without having to invest in frequent hardware upgrades.

For consumers, cloud gaming offers a significant shift in convenience and accessibility. Previously, gamers were limited by the processing capabilities of their local devices, meaning they had to upgrade their systems regularly to play the latest games. Now, cloud gaming delivers high-performance, graphically intensive games without any need for downloads or installations. This transition has brought a new level of flexibility to gaming, allowing users to switch between devices seamlessly and access an ever-expanding library of games without storage concerns. The rise of cloud gaming marks a major step forward in democratizing the gaming experience, making it more inclusive and affordable for players worldwide.

What is Cloud Gaming?

Cloud gaming is the process of playing games via remote servers rather than running them on a local device like a gaming console or personal computer. In a cloud gaming setup, the game is processed and rendered on powerful cloud servers, and the gameplay is streamed to the player's device in real time. Players interact with the game using their input devices, such as a controller or keyboard and mouse, with the actions being relayed back to the server. This enables a seamless experience where games are accessible without the need for powerful, expensive hardware.

The key advantage of cloud gaming is that it removes the need for players to own high-end consoles or gaming PCs. Gamers can play on any device that supports the service—be it a smartphone, tablet, laptop, or smart TV. As long as they have a reliable internet connection, they can enjoy a vast library of games without the need to download, install, or update them.

Market Overview: Size and Growth in Cloud Gaming Market

The cloud gaming market is one of the fastest-growing sectors within the broader gaming industry. As of 2023, the market was valued at approximately USD 1.6 billion and is projected to grow at a CAGR of 45.8% from 2023 to 2030, reaching an estimated USD 13.5 billion by the end of the forecast period. This explosive growth is driven by several factors, including the widespread adoption of 5G networks, advancements in cloud computing infrastructure, and the increasing popularity of gaming as a service models.

Cloud gaming also benefits from the rapid growth of mobile gaming and the rise of subscription-based services. Leading companies in the market, such as Microsoft (Xbox Cloud Gaming), NVIDIA (GeForce Now), and Google (Stadia), have embraced subscription-based models, allowing users to access extensive libraries of games for a monthly fee. The growing popularity of this "Netflix for gaming" model is attracting millions of new gamers who are drawn to the convenience and affordability of cloud gaming services.

Technologies Driving the Cloud Gaming Market

Several key technologies are driving the growth and development of the cloud gaming market. These technologies are crucial for ensuring that cloud gaming can offer a seamless, low-latency experience for players.

1. 5G Connectivity

The rollout of 5G networks is a game-changer for cloud gaming. With its high-speed data transfer rates and low latency, 5G connectivity addresses one of the main challenges of cloud gaming: the need for a stable and fast internet connection. In the past, cloud gaming services have struggled with latency issues, which can result in input lag and disrupt the gaming experience. However, 5G's ability to deliver low-latency connections has the potential to eliminate these problems, enabling players to enjoy real-time, responsive gaming regardless of where they are.

As 5G networks become more widespread, they will allow cloud gaming services to reach more users, including those in remote or underserved areas. This democratization of gaming access could drive further growth in the cloud gaming market, particularly in regions where traditional gaming hardware is less accessible or affordable.

2. Cloud Infrastructure and Data Centers

Cloud gaming relies heavily on robust cloud infrastructure and data centers to host and process games. Leading cloud service providers like Amazon Web Services (AWS), Microsoft Azure, and Google Cloud are investing heavily in expanding their data center capabilities to support the growing demands of cloud gaming platforms. These data centers are equipped with powerful GPUs and CPUs capable of rendering complex, graphically intensive games in real-time.

The efficiency and scalability of cloud infrastructure are critical for ensuring a smooth cloud gaming experience. Data centers must be strategically located to minimize latency and provide a responsive experience for players. As more cloud providers enter the space and competition increases, the performance and reliability of cloud gaming platforms are expected to improve further.

3. AI and Machine Learning

Artificial intelligence (AI) and machine learning are also playing a role in the advancement of cloud gaming. AI can optimize game streaming by dynamically adjusting video quality based on the player's internet connection. This ensures that players have a consistent experience even when their network speed fluctuates. AI-driven algorithms can also predict player inputs to reduce latency further, making cloud gaming feel as responsive as traditional gaming on local hardware.

Additionally, machine learning can be used to enhance game matchmaking and personalized recommendations, improving the overall player experience. As AI continues to evolve, it will likely play an increasingly important role in shaping the future of cloud gaming.

Challenges Facing the Cloud Gaming Market

Despite the immense potential of cloud gaming, the market faces several challenges that must be addressed for it to reach its full potential.

1. Internet Connectivity and Latency Issues

One of the primary challenges facing cloud gaming is the need for a fast and reliable internet connection. While 5G offers significant improvements, many players still rely on 4G LTE or broadband connections that may not be fast enough to deliver a seamless cloud gaming experience. In regions with slower internet speeds or less reliable connectivity, cloud gaming can be frustrating due to latency and buffering issues. Until global internet infrastructure improves, these challenges will continue to limit the widespread adoption of cloud gaming.

2. Data Usage and Bandwidth

Cloud gaming requires a significant amount of data bandwidth, particularly when streaming high-resolution games in 4K or 8K. This can be a concern for users with data caps or limited access to high-speed internet. The high data consumption of cloud gaming services could also lead to increased costs for players, especially in regions where internet data plans are expensive. Cloud gaming providers will need to find ways to reduce data usage or offer more efficient streaming solutions to address this challenge.

3. Competition from Traditional Gaming Models

While cloud gaming offers numerous advantages, it faces competition from traditional gaming models, particularly console gaming and PC gaming. Hardcore gamers, in particular, may prefer the performance and customization options available on high-end gaming PCs or consoles. Additionally, many players have already invested in gaming hardware and may be hesitant to switch to cloud gaming. To overcome this competition, cloud gaming services will need to offer a compelling value proposition that goes beyond convenience, such as exclusive titles, competitive pricing, or enhanced social features.

Opportunities and Future Trends

The future of the cloud gaming market looks promising, with several trends and opportunities that could further drive growth in the coming years.

1. Expansion into Emerging Markets

As internet infrastructure improves in emerging markets such as India, Brazil, and Southeast Asia, cloud gaming services will have the opportunity to tap into new player bases. These regions have large populations of potential gamers who may not have access to high-end gaming hardware but could benefit from the accessibility of cloud gaming. By offering affordable subscription models and optimizing services for lower bandwidth environments, cloud gaming providers can unlock significant growth potential in these markets.

2. Integration with Social and Streaming Platforms

Cloud gaming platforms are increasingly integrating with social media and streaming platforms to create more interactive gaming experiences. Services like Twitch, YouTube Gaming, and Facebook Gaming are exploring ways to allow viewers to instantly jump into games they are watching through cloud gaming services. This integration between gameplay and social interaction will enhance engagement and create new opportunities for content creators and streamers to connect with their audiences.

3. Exclusive Content and Original Games

As the competition in the cloud gaming market heats up, platforms are likely to invest in exclusive content and original games to differentiate themselves. This trend is already evident with companies like Google Stadia and Microsoft Xbox Cloud Gaming offering exclusive titles to attract subscribers. The ability to provide exclusive content will be key to retaining users and building brand loyalty in an increasingly crowded market.

4. Cross-Platform Play and Ecosystem Integration

Cross-platform compatibility is another major trend shaping the future of cloud gaming. Cloud gaming services are enabling seamless gameplay across devices, from smartphones and tablets to smart TVs and PCs. This flexibility allows gamers to play on their preferred devices without being restricted to a specific console or platform. Additionally, integration with existing gaming ecosystems, such as Xbox Game Pass or Steam, will make it easier for players to transition to cloud gaming without losing access to their favorite titles.

Conclusion

The cloud gaming market is set to revolutionize the way games are played and consumed, offering unprecedented convenience, flexibility, and accessibility. With advancements in 5G, AI, and cloud infrastructure, the future of cloud gaming looks bright, promising to deliver high-quality gaming experiences to players around the world. However, challenges such as internet connectivity, data usage, and competition from traditional gaming models must be addressed to unlock the market's full potential. As more players, companies, and investors embrace this new era of gaming, the cloud gaming market will continue to grow, reshape the industry, and redefine the future of entertainment.

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[tamanna31]

Virtual Reality In Gaming Market Outlook, Research, Trends and Forecast to 2030

Virtual Reality In Gaming Industry Overview

The global virtual reality in gaming market size was valued at USD 20.73 billion in 2022 and is anticipated to grow at a compound annual growth rate (CAGR) of 22.7% from 2023 to 2030.

Virtual Reality (VR) has enhanced gaming experience by offering a real-time ability to take gamers into their screens. The industry delivers gamers with alluring virtual accessories that improve user engagement along with immersive involvement. Incessant upgrades in the prevailing technologies comprising motion tracking, 3D effects, and interactive graphics for drawing players’ attention are expected to drive industry growth. Users are demanding newfangled sources of entertainment due to the surge in their spending capacity and are, hence, seen to be engaging in virtual reality games.

Gather more insights about the market drivers, restrains and growth of the Virtual Reality In Gaming Market

The virtual reality gaming space is expanding its professional value with the assistance of innovations. Awareness of state-of-the-art VR accessories, such as headsets, bodysuits, and gloves, is rapidly growing amongst players. VR headsets that were commercially launched in 2016 were a revolution in the recreation industry. The launch resulted in an upsurge in demand for virtual reality games as users were eager to encounter the 3D characters in their virtual surroundings. VR gadgets utilized in the market are empowered with intelligent interactive hardware and software, augmenting the entertainment experience for users.

The rapid advancement in the development of virtual reality peripherals that compatible desktops and game consoles reinforce is likely to drive industry growth. With several startups venturing into virtual reality in the gaming space, the industry for wearable components such as Head-Mounted Displays (HMDs), bodysuits, motion trackers, and gloves, among others, is probable to witness a surging demand by gaming enthusiasts. The devices are launched in a phased manner initially in a few countries. For instance, the HTC Vive has been initially made commercially available in only 24 countries.

Investors and entrepreneurs have been showing singular interest in the virtual reality space for the past five years. The considerable investments in immersive technology across tech-based companies are notifying the upcoming trend in the entertainment and computing business. According to NASSCOM, in the last five years, content creation tools have received 43.5% of the total funding for VR. It indicates the augmented need to ensure superior content development to maintain the interest, demand, and supply of immersive experiences through virtual reality.

Companies are continually engaged in R&D activities to launch technologically advanced products and gain an edge over their competitors. In virtual reality in the gaming market, players are manufacturing accessories extending from motion-sensing devices to treadmills, gloves, arms, and even full bodysuits. For instance, in July 2019, Teslasuit launched its full-body VR haptic suit, which delivers a hyper-accurate illustration of sensations and captures biometrics. The growing demand for VR accessories and wearables amongst users and their probable price fall in the coming seven years is anticipated to drive the virtual reality in gaming market growth. Nevertheless, device compatibility limitation is a challenge that poses a barrier to the industry’s growth.

Browse through Grand View Research's Next Generation Technologies Industry Research Reports.

• The global public relations tools market size was valued at USD 6.35 billion in 2023 and is expected to grow at a CAGR of 10.9% from 2024 to 2030.

• The global AI in chemicals market size was estimated at USD 943.0 million in 2023 and is projected to grow at a CAGR of 27.8% from 2024 to 2030.

Key Companies & Market Share Insights

Intense competition among key industry players has shifted the focus of the companies to cost-effectiveness, innovation, and quality of the VR hardware, content, and software. The transition from one generation of gaming consoles to another usually takes five to six years. Sellers are continually involved in technological upgrades and pass them to gamers. Major market players are focusing on strengthening their product portfolio in a bid to sustain their leading market position.

Companies are engaged in regional expansion, mergers, acquisitions, and strategic collaborations to expand their business at global and regional levels. For instance, in February 2023, Sony Interactive Entertainment (SIE) announced the worldwide release of PlayStation VR2 (PS VR2), their highly anticipated next-generation virtual reality (VR) gaming headset designed for consumers. The headset boasts an array of cutting-edge features, including high-fidelity visuals, innovative sensory enhancements, and improved tracking capabilities.

Key Virtual Reality In Gaming Companies:

Sony Corporation

Microsoft

Nintendo.Games

Linden Research, Inc.

Electronic Arts Inc.

Meta

SAMSUNG

Google Inc.

HTC Corporation

Virtuix

Ultraleap Limited

Tesla Studios

Qualcomm Technologies, Inc.

Lucidcam.com

Recent Developments

In June 2023, Meta Platforms (META) introduced a VR gaming subscription service, a strategic move aimed at potentially enhancing its revenue stream. According to this initiative, subscribers can retain the games for as long as they remain active members of Meta Quest+. Meta labeled this subscription plan as "the most affordable way to expand your library with exceptional content."

In November 2022, Meta launched the XTADIUM app on Meta Quest, providing customers with an immersive 180-degree VR experience of their favorite sports. The app offers real-time statistical overlays and up to eight different camera angles for users to choose from. Additionally, viewers can enjoy the event alone or create private watch parties to share the experience with friends.

In October 2022, Microsoft announced a partnership with Meta to deliver a VR experience. The collaboration aimed to bring Microsoft's productive tools to VR headsets while supporting Meta's grand Metaverse plan.

In April 2021, Oculus VR partnered with independent studio Armature Capcom to release the Resident Evil 4 VR remake exclusively on Oculus Quest 2. Facebook, the parent company, held onto its Quest platform to showcase this highly anticipated VR gaming experience.

In May 2020, Apple Inc. made a significant acquisition by purchasing NextV, a virtual gaming company based in California. This strategic move bolstered Apple's efforts in the gaming, sports, and entertainment field. Furthermore, with NextVR's impressive portfolio of 40 patents, the company gained the capability to elevate the quality of video streams, opening up new possibilities for enhanced user experiences

Order a free sample PDF of the Virtual Reality In Gaming Market Intelligence Study, published by Grand View Research.

[digitrenndsamr]

Flourishing Demand of Global Computer Monitor Market by 2021-2031

A PC monitor is a piece of computer hardware that displays the video and graphics information generated by a connected computer through the computer's video card. Monitors are similar to TVs but usually display information at a much higher resolution. Also, unlike televisions, monitors typically sit atop a desk rather than being mounted on a wall. A monitor is sometimes referred to as a screen, display, video display, video display terminal, video display unit, or video screen.

Although computer monitors with 60HZ are a standard, there is a significant development in terms of refresh rate with monitors now supporting 75HZ, 120HZ, 144HZ, and 240HZ refresh rate, as with the gaming industry monitors with 100HZ refresh rate is considered to be minimum spec criteria for an excellent gaming experience. Furthermore, modern computer monitors also support high response time that is the time taken for the individual pixels to change color.

According to computer monitor market analysis, the LED monitor segment was the highest contributor to the market in 2021 and is expected to follow the same trend during the forecasted period. The commercial segment accounted for around 48.8% market share in 2021. Surge in the use of LED displays for video wall, TVs, and digital signage applications has driven the computer monitor market growth.

The outbreak of the COVID-19 has significantly impacted the growth of the computer monitor market size.

The computer monitor market key players profiled in the report Dell Technologies Inc., HP Inc., TPV Technology Limited, Lenovo Group Limited, Samsung Group, Intelligent Imaging Innovations, LG Electronics Inc., Apple Inc., Acer Inc. and AsusTek Computer Inc. Market players have adopted various strategies, such as product launch, collaboration & partnership, joint venture, and acquisition, to expand their foothold in the computer monitor market.

KEY FINDINGS OF THE STUDY

In 2021, the large segment was the major revenue contributor to the computer monitor industry, and is projected to grow at a notable CAGR of 7.38% during the forecast period.

The LCD monitor and LED monitor segments together accounted for around 81.9% of the computer monitor market trends in 2021.

The commercial segment is projected to growth at a CAGR of  6.47% during the forecast period.

Asia-Pacific contributed for the major computer monitor market share, accounting for more than 47.1% share in 2021.

Key players profiled in the report include Dell Technologies Inc., HP Inc., TPV Technology Limited, Lenovo Group Limited, Samsung Group, Intelligent Imaging Innovations, LG Electronics Inc., Apple Inc., Acer Inc., and AsusTek Computer Inc. Market players have adopted various strategies, such as product launch, collaboration& partnership, joint venture, and acquisition to expand their foothold in the computer monitor market.

[excellencetechno]

What is Data Science? Its importance. Institute of Data Science.

What is Data Science? Data science is a multidisciplinary field that uses scientific methods, processes, algorithms, and systems to extract knowledge and insights from structured and unstructured data. It combines aspects of statistics, mathematics, computer science, and domain expertise to analyze complex data and help make informed decisions. This analysis helps data scientists to ask and answer questions like what happened, why it happened, what will happen, and what can be done with the results.

Importance of Data Science Data science is important because it combines tools, methods, and technology to generate meaning from data. Modern organizations are inundated with data; there is a proliferation of devices that can automatically collect and store information. Online systems and payment portals capture more data in the fields of e-commerce, medicine, finance, and every other aspect of human life. We have text, audio, video, and image data available in vast quantities.

Data science is critically important for several reasons:

Informed Decision-Making: By analyzing data, organizations can make more informed and evidence-based decisions. This helps in optimizing operations, predicting trends, and strategizing effectively.

Predictive Analytics: Data science allows businesses to forecast future trends and behaviors, such as customer buying patterns or market changes, which can lead to competitive advantages and better strategic planning.

Personalization: Companies use data science to personalize customer experiences, such as recommending products or services based on individual preferences and behaviors. This enhances customer satisfaction and loyalty.

Efficiency and Automation: Data science can help automate repetitive tasks and processes, improving efficiency and reducing operational costs. For example, predictive maintenance in manufacturing can prevent equipment failures.

Fraud Detection and Risk Management: In finance and security, data science techniques are used to detect fraudulent activities and manage risks by identifying unusual patterns or behaviors.

Now I will tell you the best Institute for Data Science course in Chandigarh

Excellence Technology is one of the top reputed Software Development Company. They also provide trainings and placements. If you want to learn Data Science Course in Chandigarh then must visit Excellence Technology. They also provide another courses like Graphic Designing, Digital Marketing, Web Designing, Full Stack Development , Advance Java and many other courses.

Extech Digital also a Software Development Company . They also provide services in IT sector like Digital Marketing etc.

Excellence Academy provides six weeks industrial training in Chandigarh. They provide courses like Data Science , Web Designing, Digital Marketing etc.

Here are the information about the best institute for Data Science in Chandigarh

ABOUT INSTITUTE

Excellence Technology is one of the top reputed ISO 9001:2015 Certified Software Development and Industrial Training Company in Chandigarh and Mohali. We develop mobile application, Games, antivirus and websites. We provide Best industrial training in Chandigarh and Mohali.

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E-comics Market by Major Key Players,Competitive landscape and Forecast to 2030

On 2024-8-30 Global Info Research released【Global E-comics Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030】. This report includes an overview of the development of the E-comics industry chain, the market status of Consumer Electronics (Nickel-Zinc Ferrite Core, Mn-Zn Ferrite Core), Household Appliances (Nickel-Zinc Ferrite Core, Mn-Zn Ferrite Core), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of E-comics. E-comics, short for electronic comics, also called digital comics, refer to digital versions of comic books or graphic novels that are designed to be read on electronic devices, such as computers, tablets, e-readers, or smartphones. E-comics have become increasingly popular as technology has advanced, providing readers with a convenient and portable way to access and enjoy their favorite comic content. Here are some key features and aspects of e-comics:

Digital Format: E-comics are distributed in digital formats, allowing readers to download and store them electronically. This eliminates the need for physical copies and provides a space-efficient way to carry a large collection of comics. Various File Formats: E-comics are available in various file formats, including PDF, EPUB, CBR, CBZ, and more. Different platforms and devices may support different file types. Interactive Features: Some e-comics incorporate interactive features not possible in traditional print comics. This can include animations, sound effects, hyperlinks, and other multimedia elements. Online Platforms: E-comics are often distributed through online platforms or dedicated websites. Readers can purchase, download, or subscribe to digital comic content directly from these platforms. Subscription Services: Some platforms offer subscription services where users pay a recurring fee to access a library of digital comics. This model is similar to streaming services for other media types. Guided View Technology: To enhance the reading experience on smaller screens, many e-comic platforms use guided view technology. This feature guides readers through individual panels or frames, making it easier to follow the story on devices with limited screen space. Device Compatibility: E-comics are designed to be compatible with a wide range of electronic devices, including tablets, e-readers, smartphones, and computers. This ensures accessibility for readers using different devices. Global Accessibility: E-comics can be easily distributed and accessed globally, overcoming geographical barriers. Readers from different parts of the world can enjoy the same content simultaneously. Search and Navigation: Digital comics often include search and navigation features, allowing readers to quickly find specific pages or panels. This can enhance the overall reading experience. Creator Platforms: Some platforms cater to independent comic creators, providing tools and portals for them to publish and distribute their work directly to a global audience.

According to our (Global Info Research) latest study, the global E-comics market size was valued at US$ 12590 million in 2023 and is forecast to a readjusted size of USD 28560 million by 2030 with a CAGR of 11.9% during review period.

Global key players of E-comics include Naver, Kakao, Shueisha, Kodansha, Comico (NHN), etc. The top five players hold a share over 26%. Asia-Pacific is the largest market, and has a share about 87%, followed by North America and Europe with share 6% and 5%, separately. In terms of product type, Subscription Based is the largest segment, occupied for a share of 77%. In terms of application, Mobile Phone has a share about 83 percent.

This report is a detailed and comprehensive analysis for global E-comics market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided. Market segment by Type： Subscription Based、Advertisement Based Market segment by Application：Mobile Phone、PC/Notebook、Tablet Computer、Others Major players covered： Naver、Kakao、Shueisha、Marvel Unlimited、Shogakukan、Kodansha、DC、KidariStudio、Amazia、Kadokawa、Tappytoon、Hakusensha、Akita Shoten、Futabasha、IDW、Comico (NHN)、Image Comics、Delcourt、Glenat、Ridibooks (RIDI Corp)、Mr Blue、Webcomics (SideWalk Group)

Market segment by region, regional analysis covers: North America (United States, Canada and Mexico), Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe), Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia),South America (Brazil, Argentina, Colombia, and Rest of South America),Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa). The content of the study subjects, includes a total of 15 chapters: Chapter 1, to describe E-comics product scope, market overview, market estimation caveats and base year. Chapter 2, to profile the top manufacturers of E-comics, with price, sales, revenue and global market share of E-comics from 2019 to 2024. Chapter 3, the E-comics competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast. Chapter 4, the E-comics breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030. Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030. Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and E-comics market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030. Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis. Chapter 13, the key raw materials and key suppliers, and industry chain of E-comics. Chapter 14 and 15, to describe E-comics sales channel, distributors, customers, research findings and conclusion.

Data Sources:

Via authorized organizations:customs statistics, industrial associations, relevant international societies, and academic publications etc.

Via trusted Internet sources.Such as industry news, publications on this industry, annual reports of public companies, Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), Trading Economics, News Network, Statista, Federal Reserve Economic Data, BIS Statistics, ICIS, Companies House Documentsm, investor presentations, SEC filings of companies, etc.

Via interviews. Our interviewees includes manufacturers, related companies, industry experts, distributors, business (sales) staff, directors, CEO, marketing executives, executives from related industries/organizations, customers and raw material suppliers to obtain the latest information on the primary market;

Via data exchange. We have been consulting in this industry for 16 years and have collaborations with the players in this field. Thus, we get access to (part of) their unpublished data, by exchanging with them the data we have.

From our partners.We have information agencies as partners and they are located worldwide, thus we get (or purchase) the latest data from them.

Via our long-term tracking and gathering of data from this industry.We have a database that contains history data regarding the market.

Global Info Research is a company that digs deep into global industry information to support enterprises with market strategies and in-depth market development analysis reports. We provides market information consulting services in the global region to support enterprise strategic planning and official information reporting, and focuses on customized research, management consulting, IPO consulting, industry chain research, database and top industry services. At the same time, Global Info Research is also a report publisher, a customer and an interest-based suppliers, and is trusted by more than 30,000 companies around the world. We will always carry out all aspects of our business with excellent expertise and experience.

[creativeera]

Extended Reality Market is estimated to Witness High Growth Owing to Increasing Adoption Across Industries

Extended reality (XR) refers to all real-and-virtual combined environments and human-machine interactions generated by computer technology and wearables. It includes augmented reality (AR), virtual reality (VR), and mixed reality (MR) and allows the users to interact with digital content and the physical world. XR delivers disruptive experiences by seamlessly merging the digital and physical worlds, offering an immersive viewer experience. Major application areas of XR technologies include gaming, entertainment, retail, education, healthcare, design and engineering, and more. The seamless blending of the physical and digital worlds enhances immersion, presence and experience for the users. The global extended reality market is valued to grow from US$ 46.3 Billion in 2023 to US$ 197.3 Billion by 2030, at a CAGR of 23% during the forecast period (2023-2030). 

Key Takeaways Key players operating in the Extended Reality are Meta Inc., HTC Corporation, Unity Technologies, Microsoft Corporation, Samsung Electronics Co., Ltd., Magic Leap, Sony Corporation, Vuzix Corporation, Apple Inc, Niantic Inc., Northern Digital Inc., Snap Inc., SoftServe, and Accenture. The key opportunities in the extended reality market include increased investments from technology giants, evolving consumer preferences and capabilities, growing demand across vertical industries and development of 5G networks. Rapid technological advancements, growing focus on collaboration and shared experiences are driving the adoption of VR and MR solutions globally. The adoption of XR technologies is growing across regions. North America currently dominates the Extended Reality Market Size  owing to large technology companies and early adoption. However, Asia Pacific is expected to witness the highest growth aided by government initiatives for digital transformation and increasing investments in emerging technologies from China, Japan, South Korea and others. Market Drivers The increasing adoption across industries is driving the growth of the extended reality market. Major industries like gaming, entertainment, healthcare, education and manufacturing are leveraging XR solutions to enhance customer experiences, create immersive training environments and drive productivity. Growing investments from technology giants are focusing on developing innovative XR applications and solutions. This is further fueled by the increasing processing power of devices and developments in 5G that are able to deliver low latency remote experiences.

PEST Analysis Political: The extended reality market sees increasing government support and funding for research and development projects. Regulations regarding data privacy and security are also evolving as the technology advances. Economic: Extended reality technologies promise to significantly boost productivity across various sectors like manufacturing, education, healthcare, etc. This would positively impact the broader economy over time. Social: Younger generations are more receptive to immersive technologies. More users are adopting recreational and social virtual experiences on consumer-focused extended reality platforms. Technological: Integration of 5G, artificial intelligence and computer vision are expected to radically improve the user experiences offered by extended reality. Graphics capabilities are also advancing to generate photo-realistic virtual worlds. The APAC region accounts for the largest share of the global extended reality market in terms of value. China, Japan and South Korea are major countries driving the rapid adoption of augmented and virtual reality solutions in industrial, commercial and consumer segments across APAC. As the economywide digital transformation gains momentum, extended reality technologies find increasing application across industries like manufacturing, healthcare and education. North America represents the fastest growing regional market for extended reality globally. Presence of leading technology companies as well as significant venture capital funding are supporting R&D and innovation. Growing entrepreneurship in the fields of gaming, retail and entertainment is supporting the deployment of extended reality platforms and services. The region exhibits early adoption of new immersive technologies among both enterprise and individual users.

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About Author:

Ravina Pandya, Content Writer, has a strong foothold in the market research industry. She specializes in writing well-researched articles from different industries, including food and beverages, information and technology, healthcare, chemical and materials, etc. (https://www.linkedin.com/in/ravina-pandya-1a3984191)

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Amplifiers Market : Current Insights and Demographic Trends 2024-2031

The Amplifiers Market research report provides a comprehensive analysis of the industry, focusing on key market drivers, restraints, emerging opportunities, technological advancements, and current trends. This report serves as an essential resource for both established players and new entrants seeking to navigate the evolving landscape of the amplifiers market.

The amplifiers market is experiencing significant growth, fueled by the trend towards premium audio and video experiences. Amplifiers play a crucial role in enhancing audio signals, enabling high-quality sound reproduction for various applications. As the trend towards smart devices and advanced audio technology continues, the need for efficient and powerful amplifiers is set to rise.

Get a Free Sample Report of the Amplifiers Market: https://www.snsinsider.com/sample-request/1299 

Competitive Analysis

The Amplifiers Market report includes a detailed analysis of key industry players, providing insights into their product portfolios, market share, financial performance, geographical presence, segment revenue, SWOT analysis, and strategic initiatives such as mergers and acquisitions, product launches, and partnerships. Recent developments from these leading companies are also highlighted, offering a snapshot of the competitive landscape.

Key Players Included Are:

Samsung Electronics Co Ltd

Qualcomm Inc

Infineon Technologies AG

Xilinx Inc

Texas Instruments Inc

STMicroelectronics

Yamaha

Qorvo

Toshiba Corporation

Broadcom Inc.

Maxim Integrated

NXP Semiconductors

Analog Devices Inc

Infineon Technologies

Analog Devices

Industry Segments

This report offers an in-depth segmentation analysis to help both existing and new market participants understand industry needs, market size, and competitiveness. Employing rigorous research methodologies, the report presents graphical forecasts for the upcoming years.

By Type

Power Amplifier  

Voltage Amplifier

Current Amplifier

By Product

Transistor Amplifier

Direct Coupled Amplifier

Video Amplifier

Buffer Amplifier

Operational Amplifier

Audio Frequency Amplifier

Intermediate Frequency Amplifier

Ultrasonic Amplifier

Wideband Amplifier

Radio Frequency Amplifier

By Class

Class-A

Class-B

Class-A/B

Class-G&H

Class-D

Other

By Industry

Consumer Audio

Automotive Audio

Computer Audio

Enterprise Audio

Telecommunication

Healthcare

Aerospace

Military & Defense

Others

Regional Analysis

The global amplifiers market research study evaluates key regions, analyzing revenue, sales, market share, and growth rates to provide a comprehensive view of the market landscape.

Asia Pacific

North America

Europe

Latin America

Middle East & Africa

Buy Now: https://www.snsinsider.com/checkout/1299 

Questions Answered in the Amplifiers Market Report

Who are the leading competitors in the amplifiers market?

What regional and national regulations could impact the demand for amplifiers?

Are there emerging opportunities that will drive market growth during the forecast period?

How are technological advancements influencing the amplifiers market landscape?

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The digital pen market is projected to grow from USD 1233.38 million in 2024 to USD 2159.11 million by 2032, at a compound annual growth rate (CAGR) of 7.25%. This significant growth is indicative of the market’s robust trajectory in the coming years.In recent years, the digital pen market has experienced a significant transformation, driven by advancements in technology and an increasing demand for digital solutions in various sectors. Digital pens, also known as stylus pens or smart pens, have evolved from niche tools for tech enthusiasts into essential devices for professionals, students, and creatives alike. This article explores the key trends, market drivers, and future outlook for the digital pen industry.

Browse the full report at https://www.credenceresearch.com/report/digital-pen-market

Market Overview

The digital pen market has seen robust growth, propelled by the integration of digital pen technology into a wide range of devices, including tablets, smartphones, and computers. According to market research, the global digital pen market was valued at approximately $2.8 billion in 2023 and is projected to reach around $5.6 billion by 2028, growing at a compound annual growth rate (CAGR) of 15% during the forecast period.

Key Drivers of Market Growth

1. Increased Adoption of Digital Devices: The proliferation of digital devices, such as tablets and 2-in-1 laptops, has significantly contributed to the growth of the digital pen market. These devices are increasingly used for note-taking, drawing, and other creative tasks, driving demand for compatible digital pens.

2. Technological Advancements: Innovations in digital pen technology, including improved sensitivity, pressure responsiveness, and ergonomic designs, have enhanced the user experience. Modern digital pens offer features such as palm rejection, tilt sensitivity, and customizable buttons, making them more appealing to professionals and creatives.

3. Educational Sector Integration: The educational sector has embraced digital pens as valuable tools for enhancing learning and engagement. Digital pens facilitate interactive learning, allowing students to take handwritten notes, annotate digital textbooks, and participate in digital drawing activities.

4. Growing Popularity of Remote Work: The rise of remote work and digital collaboration has increased the demand for digital pens as tools for virtual meetings, document signing, and brainstorming sessions. Digital pens provide a natural and intuitive way to interact with digital content, enhancing productivity in remote work environments.

5. Creative and Design Applications: The creative industry, including graphic design, digital art, and animation, has seen a surge in demand for high-precision digital pens. These tools enable artists and designers to create detailed and intricate work with ease, contributing to the market's growth.

Market Segmentation

The digital pen market can be segmented based on technology, end-user, and region:

1. Technology: - Capacitive Pens: These pens use conductive materials to interact with touchscreens and are commonly used with smartphones and tablets. - Active Pens: Equipped with internal electronics, active pens offer advanced features such as pressure sensitivity and tilt recognition, making them suitable for professional and creative applications. - Smart Pens: These pens capture handwritten notes and convert them into digital format, often incorporating Bluetooth technology for seamless data transfer.

2. End-User: - Consumer: Includes students, hobbyists, and general users seeking digital pens for personal use. - Professional: Encompasses industries such as graphic design, architecture, and engineering, where precision and advanced features are crucial. - Educational: Institutions and educators using digital pens to enhance teaching and learning experiences.

3. Region: - North America: The largest market due to high adoption rates of digital devices and a strong presence of key market players. - Europe: Significant growth driven by the educational sector and technological advancements. - Asia-Pacific: Rapid expansion fueled by increasing digital device penetration and rising consumer awareness. - Latin America and Middle East & Africa: Emerging markets with growing adoption of digital technologies.

Future Outlook

The future of the digital pen market looks promising, with several trends likely to shape its trajectory:

1. Integration with Emerging Technologies: Digital pens are expected to integrate with emerging technologies such as augmented reality (AR) and virtual reality (VR), enhancing their functionality and application scope.

2. Sustainability Focus: As environmental concerns grow, there will be an increased emphasis on developing eco-friendly digital pens with sustainable materials and recyclable components.

3. Enhanced Connectivity: Future digital pens may offer improved connectivity features, including wireless charging and seamless integration with cloud-based applications.

Key Player Analysis:

Wacom

Apple (with Apple Pencil)

Microsoft (Surface Pen)

Livescribe

XP-Pen

Huion

Staedtler (Digital Pen)

Sony (with a Sony Digital Paper Pen)

Moleskine (Smart Writing Set Pen)

Dell Technologies, Inc.

Segmentation:

By Product

Scanning Pen

Handwriting Pen

By Type

Active

Passive

By Compatibility

iOS Devices

Android Devices

Windows Devices

By Usage

PC

Tablet

Smartphone

By End-User

BFSI

Healthcare

Government

Media & Entertainment

Education

Retail

Others

By Region

North America

US

Canada

Mexico

Europe

Germany

France

UK

Italy

Spain

Rest of Europe

Asia Pacific

China

Japan

India

South Korea

South-east Asia

Rest of Asia Pacific

Latin America

Brazil

Argentina

Rest of Latin America

Middle East & Africa

GCC Countries

South Africa

Rest of Middle East and Africa

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Contact:

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Display Calibration Management Tools Market will grow at highest pace owing to increasing emphasis on display quality

Display calibration management tools are used to calibrate the color, brightness, contrast of displays to ensure accuracy and consistency. These tools help in adjusting computer monitors, TVs, projectors and other digital displays to standardized settings for optimal image and video quality. They enable precise color calibration by measuring displays and adjusting color controls.

The global display calibration management tools market is estimated to be valued at US$ 1652.9 Mn in 2024 and is expected to exhibit a CAGR of 5.6% over the forecast period 2024 to 2031. Key players operating in the display calibration management tools market are LG Electronics Inc., Datacolor, EIZO Corporation, NEC Display Solutions (NEC Corporation), Portrait Displays, Inc., QUBYX Software Technologies Ltd., General Digital Corporation, X-Rite, Incorporated, and Light Illusion Ltd. The growing demand for color-accurate and consistent displays from industries such as photography, printing, publishing, advertising and medical imaging is expected to drive the display calibration management tools market. Additionally, advancements in display technologies including 4K/UHD displays, wide-color gamut displays, and HDR displays are increasing the need for color calibration. Key Takeaways Key players such as LG Electronics, Datacolor and EIZO Corporation offer a wide range of display calibration tools and software for professional calibration. LG Electronics’ LG Digital Signage Calibrators feature an integrated light source and sensor for easy calibration of LG digital signage. Datacolor's SpyderX Elite display calibration tool allows configuring presets for different applications. EIZO Corporation provides ColorEdge series of monitor calibration tools for graphic design, photography and printing industries. Market Trends High dynamic range (HDR) capability is becoming an increasingly important display feature. HDR offers brighter highlights, more contrast and a wider color gamut. However, effective calibration is critical to attain optimally brighter and more vivid images on HDR displays. This is expected to drive demand for HDR-compatible display calibration tools. Calibration solutions are also adopting artificial intelligence (AI) and machine learning capabilities. AI-powered auto-calibration can monitor displays over time and self-calibrate to correct for changes. This makes calibration easier and more convenient for users. AI-based tools are expected to gain popularity due to their advanced automated functioning. Impact of COVID-19 on Display Calibration Management Tools Market COVID-19 pandemic had negatively impacted the Display Calibration Management Tools Market Demand in the initial phases of 2020 due to lockdowns and supply chain disruptions. However, with the growing preference for remote work, online education and content consumption from home, demand for accurate color calibrated displays surged in 2021. Display Calibration Management Tool providers witnessed increased adoption from enterprises having large number of remote employees and students as these tools allow centralized calibration management even for devices used at home. The pandemic has highlighted the importance of regular display calibration to ensure consistent and accurate color representation across digital platforms. Going forward, providers need to focus on cloud-based solutions with easy deployment features to help customers calibrate multiple displays simultaneously even during lockdowns and remote work conditions. They also need to customize tools as per vertical market needs like digital signage, medical imaging etc. Overall, COVID-19 has accelerated digitalization trends which will boost long term usage of display calibration management tools post-pandemic.

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About Author:

Money Singh is a seasoned content writer with over four years of experience in the market research sector. Her expertise spans various industries, including food and beverages, biotechnology, chemical and materials, defense and aerospace, consumer goods, etc. (https://www.linkedin.com/in/money-singh-590844163)

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PCIe DC-DC Converter Market - Forecast(2024 - 2030)

PCIe DC-DC Converter Market Overview

PCIe DC-DC Converter Market is analyzed to grow at a CAGR of 16.6% during the forecast period 2021-2026 to reach $9.5 billion. PCIe or PCI Express generally refers to a high speed serial computer expansion bus standard that is designed with more advantages in comparison to older standards. PCIe standards are capable of providing benefits including better performance scaling, lower latency, synchronous rectification, pulse amplitude modulation, larger bandwidth support, higher data speeds and so on making it an ideal choice for various application areas like graphic cards, storage devices, network interface cards, and many other high performance peripherals. With rise in data traffic and need for high performance computing devices and integrated circuits, different generation models be it PCIe 5.0, PCIe 4.0 and so on are selected according to end-use requirements. Increasing rate of data center infrastructure growth as well as shift towards advanced technologies including artificial intelligence and machine learning are considered as some of the major drivers impacting the growth of PCIe DC-DC Converter Market. In addition, investments towards advancing telecom communication infrastructure with 5G technology along with rise of adoption in automotive applications like ADAS systems, infotainment systems and so on are further analyzed to fuel the growth of PCIe technology in the long run.

Report Coverage

The report: “PCIe Industry Outlook – Forecast (2021-2026)”, by IndustryARC covers an in-depth analysis of the following segments of the PCIe industry.

By Generation: PCIe 1.0 & 2.0, PCIe 3.0, PCIe 4.0, PCIe 5.0.

By Form Factor: Mini PCIe, PCIe.

By Product: SLC, MLC.

By Output Voltage: Upto 3.3V, 3.3-5V, 5-10V, 10-15V, 15-24V And Above 24V.

By Output Power: Upto 20W,20-50W,50-100W and Above 100W.

By Application: Graphic Processor Units, Network Interface Cards, Storage Device & Controllers, PCIe Switches (Gen 1, Gen 2, Gen 3, Gen 4 and Gen 5), Servers.

By End Users: Telecommunication, Industrial, Residential, Data Centers (Hyperscale, Colocation, Others), Automotive, Infrastructure, Others.

By Geography: North America, South America, Europe, APAC and RoW.

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Key Takeaways

Growing shift towards advanced technologies like artificial intelligence and machine learning along with increasing growth of data center infrastructures is analyzed to significantly drive the PCIe DC-DC Converter Market during the forecast period 2021-2026.

Storage Device & Controllers application segment had accounted for the largest market share in 2020, attributed to the factors including rise of cloud based data storage requirements, infrastructural developments for data centers and so on.

High investments towards research and development activities by some of the key market players such as Samsung Electronics Co. Ltd, Renesas Electronics Corporation and Toshiba Corporation with others have helped in boosting the growth of PCIe across APAC markets.

PCIe DC-DC Converter Market Segment Analysis- By Generation

Based on generation, the PCIe DC-DC Converter Market is segmented under PCIe 1.0 & 2.0, PCIe 3.0, PCIe 4.0 and PCIe 5.0. PCIe 3.0 generation had dominated the PCIe DC-DC Converter Market with 46.5% share in 2020, and is analyzed to grow significantly at a rate of 16.4% during the forecast period 2021-2026. Generation PCIe 3.0 can be referred to as a Gen 3 expansion card comprising of a four-lane configuration, used across some of the major end-use industries be it telecom, data centers and so on. However, with growing advancements towards Gen 4 and Gen 5, adoption of PCIe 3.0 based solutions has been still maintaining a significant growth in the markets, due to its long time presence. Capable of reaching speeds upto 1000 Mbps, PCIe 3.0 architecture incorporate features like enhanced signaling and data integrity, channel enhancements, clock data recovery, pulse amplitude modulation and so on, retaining its market position. Factors including growth in video streaming, video conferencing, online gaming, social networking and many others have surged the internet traffic amidst the COVID-19 pandemic situation, attributing towards the need for PCIe 3.0 interfaces. In addition, usage of PCIe 3.0 has been still in demand owing to rising rate of investments from various key vendors towards developing products with Gen 3 support. In 2020, AMD announced about the launch of A520 chipset, as a part of supporting its third generation Ryzen desktop processors. Through this, the company wanted to help its customers offer a path for future upgrades, based on Zen 3 architecture. Such factors have eventually helped in creating a positive impact towards the deployment of PCIE 3.0 solutions for the end-use markets.

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PCIe DC-DC Converter Market Segment Analysis- By Application

Based on application, Storage Device & Controllers had accounted for the largest share of 32.1% in 2020, analyzed to grow significantly with a CAGR of 15.5% in the global PCIe DC-DC Converter Market during the forecast period. The need for PCIe had evolved in the storage applications overtime with the introduction of technologies namely SATA Express and Non-Volatile Memory Express. With the shift towards ultra thin laptops, tablet PCs and so on, there is significant need towards connectors used in peripheral devices capable of fitting into narrower spaces. In order to address such requirements, PCI-SIG specified the M.2 connectors, thereby gaining it wide popularity. In addition, growing number of investments towards construction of new data centers or upgradation of existing facilities can be considered as some of the major factors attributing towards its market growth owing to rise of cloud based data storage and improved integrated circuits. NVMe and PCIe have been becoming highly popular owing to technological advancements in the field of solid state storage applications. Deployment of PCIe based solid state drives are raising its demand in the markets serving cloud computing requirements, with comparitively higher data transmission as well as high speed connectivity. Owing to these advantages, PCIe had turned as a popular choice among data centers and telecom sectors due to shift towards high-performance computing while storage applications. In 2021, Interface Concept announced about the launch of a removable SSD mass storage XMC module, named IC-EM2-XMCa, capable of supporting PCIe x1/x2/x4 Gen2/Gen3 interface connection. Owing to its capability of increasing storage capacity upto 2TB, as a part of adding mass storage capacity to any third party Single Board Computer or host carrier board, used across VPX, cPCI or VME systems, thus making it suitable for computing as well as storage-intensive applications. Such factors are further set to propel the growth of PCIe within storage devices or controllers in the long run.

PCIe DC-DC Converter Market Segment Analysis- Geography

APAC had accounted for the largest share of 36.5% in 2020, followed by North America and Europe in the PCIe DC-DC Converter Market, analyzed to grow at a rate of 19.6% during the forecast period 2021-2026. Factors including growing demand for cloud computing services, shift of telecom sector towards advancing network or communication infrastructures and many others have acted as some of the major factors attributing to the market growth. Presence of key players such as Renesas Electronics Corporation, Samsung Electronics Co. Ltd, Toshiba Corporation with many others opting for R& D activities overtime have been also helping in creating significant growth of PCIe across the region. In 2020, Samsung announced about the launch of PCIe 4.0 NVMe SSD (solid state drive), named SSD 980 Pro. This development was meant to help professionals as well as consumers opting for high performance PCs, workstations and gaming consoles, also making it an ideal choice for consumers working with 4K or 8K contents or playing high graphic games. High investments towards building data center facilities as well as growing shift towards improving virtualization, high-performance computing, and many others for automotives is further analyzed to drive the market growth in the coming years. In 2020, China revealed about constructing one of the world's highest-altitude cloud-computing data center in Tibet in order to meet data storage requirements for China as well as various South Asian nations including Bangladesh, Nepal and Pakistan. As per Ningsuan Technology Group, an investment of about 11.8 billion yuan (around USD 1.8 billion) has been planned for this project, which will help in providing services such as video rendering, distance-learning data backup, autonomous driving and so on in the long run. Such construction projects related to data centers are set to drive the need for high-speed switches, storage devices, and so on, impacting the market growth of PCIe during the forecast period 2021-2026.

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PCIe DC-DC Converter Market Drivers

Increasing growth towards data center infrastructures:

Increasing growth towards data center infrastructures can be considered as one of the vital factors driving the market growth of PCIe. This growth is significantly impacting the need for high-speed devices capable of offering faster data transmission owing to rise of data traffic for optimizing data center facilities. Enterprise workloads have already started migrating towards cloud, which in turn requires the need for high performance computing, virtualization and related applications, making it beneficial for the use of PCIe based devices. In addition to this, with the surging COVID-19 pandemic situation, there is a rapid rise of remote work or work from home, driving the growth of data centers towards handling bulks of data with higher efficiency. Moreover, data centers have been continuously focusing on leveraging hyperscale computing networks to be able to meet growing cloud-based workloads, thereby accelerating the demand towards high-speed networking devices be it PCIe switches, servers, storage devices and many more. Large Enterprises including Microsoft Corporation, Google, Amazon Web Services and many others have been constantly focusing on expanding data center facilities across various regions alongside renovation or upgradation for the existing facilities to cope up with the growing data traffic is further set to propel the demand for PCIe based solutions. As a part of this, in 2021, Microsoft had revealed about its plans of investing about $200 million towards construction of two data centers of around 200,000 square feet outside Chicago, expected to become operational by 2022. Such factors are further set to propel the need for PCIe switches, servers, storage devices and so on owing to conducting various processes be it high-performance computing, optimum network connectivity and many others during the forecast period 2021-2026.

Growing shift towards advanced technologies like artificial intelligence and machine learning:

Growing shift towards advanced technologies including artificial intelligence (AI) and machine learning (ML) can be considered as one of the major drivers impacting the growth of PCIe DC-DC Converter Market. With technological advancements, there is significant rise towards AI or ML based workloads, eventually raising the need for upgraded or new generation of computing architectures. Since AI based applications work on generating as well as processing of massive amounts of data within real-time data speeds, there is significant demand towards various high speed PCIe devices like graphic processor units, switches, controllers and many others, capable of handling large bandwidth requirements at high-speeds. In comparison to traditional CPUs, the need for computational models is rising, owing to growing demand towards high-bandwidth and low latency communication channels. Rise of demands have been eventually attributing towards various PCIe generation models, particularly PCIe 4.0 or PCIe 5.0 for serving such application requirements. Leveraging PCIe technology can help CPU models to keep up with the increasing data flow from edge devices across various enterprises, thereby creating a positive impact on market growth. In 2020, an AI chipmaker, Hailo had introduced high-performance AI acceleration modules, namely M.2 and mini PCIe designed for empowering edge devices. The development of the modules was meant to allow customers integrate high-performance AI capabilities within edge devices, while offering a more flexible and optimized solution. Deployment of such modules can help in accelerating a large number of deep learning based application areas with higher efficiency, thereby creating its significant growth in the PCIe DC-DC Converter Market in the long run.

PCIe DC-DC Converter Market Challenges

Complexities related to designing, implementation or verification:

Designing, implementation or verification related complexities act as one of the major challenges restraining the growth of PCIe DC-DC Converter Market. PCIe based devices are capable of offering improved reliability, availability and many other advantages, gaining it wider adoption across various end-use verticals. However, configurability and complexities for PCIe pose several designing challenges, as the designer needs to read as well as understand various specifications associated with the standard for selecting an option to be incorporated within the designing architecture. In addition, due to its adoption across a broad range of application areas, manufacturing of PCIe in large quantities based on various factors be it voltage, temperature and so on, eventually affects its signal efficiency or integrity, thereby contributing towards high amounts of variation while designing process. Design or verification complexity issues exponentially rises due to need for a huge sample space of configurable features, along with a minimal error while selecting configuration can make the design unsuited for targeted application, thereby causing prolonged time to market. Such factors have been contributing towards lesser adoption of PCIe, while hampering its market growth across various end-use sectors.

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PCIe DC-DC Converter Market Landscape

Product launches, collaboration, and R&D activities are key strategies adopted by players in the PCIe DC-DC Converter Market. The key players in the PCIe DC-DC Converter Market include Broadcom Inc., Microchip Technology Inc., Renesas Electronics Corporation, Intel Corporation, Nvidia Corporation, Samsung Electronics Co. Ltd, Toshiba Corporation, Xilinx Inc., PLDA and Texas Instruments among others.

Acquisitions/Technology Launches/Partnerships

In April 2021, Samsung Electronics launched PM9A1 SSD, featuring a PCIe 4.0x4 interface. This development was meant to be used in PCs, specifically for enterprises as well as government agencies dealing with sensitive information with sophisticated security requirements.

In February 2021, Microchip Technology Inc. had introduced PCI Express 5.0 switch solution, Switchtec PFX PCIe 5.0 which is capable of doubling interconnects performance for dense compute, high-speed networking as well as NVM Express storage. Development of the world’s first PCIe 5.0 switch was done to support high density and reliability capabilities, including 28 lanes to 100 lanes and upto 48 non-transparent bridges.