Technology and Media Market Research Reports

  The global digital transformation market size is anticipated to reach   USD 4,617.78 billion by 2030   and it is projected to grow at a CAGR of 27.6% from 2024 to 2030, according to new report by Grand View Research, Inc.Digital transformation assists companies in improving their brand reputation, customer experience, and customer retention ratios. These solutions also help end-user companies in education and training their employees to improve their productivity and speed up the organization’s journey to achieve business objectives. Furthermore, with the implementation of digital transformation solutions, organizations can meet the evolving market needs and improve their business profitability. Further, the market growth is particularly driven by rising companies’ investments in big data, mobility, and cloud technologies to develop advanced Digital Experience Platforms (DXPs).   Gather more insights about the market drivers, restrains and growth of the  Globa...

  The global image recognition market size was valued at  USD 53.3 billion in 2023   and is projected to grow at a compound annual growth rate (CAGR) of 12.8% from 2024 to 2030. Image processing and recognition have evolved with numerous powerful applications, such as security and surveillance, and medical imaging that have created a great value from a business perspective. Functions of figure identification, such as facial or object recognition, visual geolocation, barcode reading, and automated driver assistance, among other industrial automation-related functions, have demonstrated the versatility of this technology. When combined with AI, this technology has begun to create valuable growth opportunities in several verticals, such as gaming, social networking, and e-commerce. For instance, Twitter and Facebook, two major platforms in the world of social networking, have benefited from the technology in terms of audience engagement as they have created a more connected ...

  The global industrial metaverse market size is expected to reach   USD 170.11 billion by 2030 , growing at a CAGR of 35.3% from 2024 to 2030, according to a new report by Grand View Research, Inc. The rising utilization of immersive training and simulation solutions is responsible for the growth of the market. Industries such as manufacturing, healthcare, and aerospace are increasingly integrating virtual reality (VR) and augmented reality (AR) technologies to create highly realistic training environments. These immersive simulations offer workers practical experience within a safe virtual setting, thereby diminishing the requirement for physical training setups and mitigating the potential for accidents. This cost-efficient trend significantly enhances training efficacy, serving as a valuable resource for industries aiming to enhance workforce skills and operational productivity.   Gather more insights about the market drivers, restrains and growth of the  Global ...

  The global LiDAR market size is expected to reach   USD 4.71 billion by 2030 , registering to grow at a CAGR of 9.5% from 2025 to 2030 according to a new report by Grand View Research, Inc. The market growth is attributable to the rising adoption of LiDAR technology in environmental mapping, automobile safety application arenas, and construction and architectural sectors for monitoring 3D-modeling applications, among others. As this technology is one of the key sensing technologies for enabling hybrid and fully autonomous driving, the rapid development of self-driving vehicles is expected to propel market growth. Various organizations are focusing on enhancing their LiDAR technology to provide improved safe driving car technologies. For instance, in January 2022, Cepton, a US-based developer and manufacturer of LiDAR products, selected OSRAM's 905 nm edge-emitting lasers to combine high optical output power with low-power consumption light detection and ranging systems for p...

  The global EdTech market is projected to reach USD 142.37 billion in 2023, and is expected to grow at a CAGR of 13.4% from 2024 to 2030. EdTech leverages hardware and software to enhance classroom learning and student outcomes, addressing educational barriers through technology-driven teaching and learning. The increasing shift towards online eBooks facilitates global accessibility and cost-effective content creation. Digital books offer multilingual support and accessibility for learners with disabilities through audio formats, promoting vocabulary expansion and improved reading comprehension.   Gather more insights about the market drivers, restrains and growth of the  Education Technology Market   Regional Insights:   North America Education Technology Market Trends North America dominated the market with a revenue share of over 36% in 2023. The high share can be attributed to the increased focus on personalized learning and the adoption of digital skills. ...

  The global anime market size is anticipated to reach   USD 60.07 billion by 2030   and is projected to grow at a CAGR of 9.8% from 2024 to 2030, according to a new report by Grand View Research, Inc.The market growth is attributed to the rising popularity of anime content globally. The market's growth is further fueled by the introduction of application games and the rising trend of online distribution of anime content in the coming years. The online distribution of anime content is a significant contributor to the market's revenue, and its continued growth is expected to fuel the market's position in the entertainment industry.   The anime market is benefiting from the technology advancements, as content creators are developing complex pre and post-production tools to enhance the quality of their solutions. Additionally, the utilization of cutting-edge technologies such as Artificial Intelligence (AI) and blockchain in anime gaming is anticipated to contribute to ...