Posts

Virtual Production Market Size Poised To Reach USD 6.78 Billion By 2030

Image
  San Francisco, 6 Oct 2023:  The Report  Virtual Production Market  Size, Share & Trends Analysis Report By Component (Hardware, Software, Services), By Type, By End-user, By Region, And Segment Forecasts, 2023 - 2030 The global virtual production market size is expected to reach USD 6.78 billion by 2030, according to a new report by Grand View Research, Inc. The market is anticipated to register a CAGR of 18.2% from 2023 to 2030. The rising popularity of virtual production in the media and entertainment industry, combined with its capabilities to create high-definition visuals and real-time virtual environments, is the key factor propelling the growth of the market. The technology enables filmmakers to reduce the demand for on-set production teams and crew members by integrating virtual background environments into live-action footage. This allows for a significant reduction in video production costs. For instance, in 2020, after the covid-19 pandemic, filmmakers in the Hollywood

Social Commerce Market Expected To Grow With USD 6,243.94 Billion By 2030

Image
  San Francisco, 6 Oct 2023:  The Report  Social Commerce Market  Size, Share & Trends Analysis Report By Business Model, By Product Type, By Platform/Sales Channel, By Region, And Segment Forecasts, 2023 - 2030 The global social commerce market size is anticipated to reach USD 6,243.94 billion by 2030, and it is set to expand at 31.6% CAGR from 2023 to 2030, according to a new study by Grand View Research Inc. Growing ease of online purchases is considered the most significant factor driving social commerce demand. Combining entertainment with impulsive purchasing habits continues to drive social commerce. It provides brands, and retailers with a new medium, which holds enormous potential for value generation. The growing use of the internet for advertising practices has revolutionized the business model of various companies. Moreover, it has also created alternate revenue streams. The easy availability of high-speed and affordable internet services for customers offers marketers

Intelligent Traffic Management System Market Size Is Expected To Reach USD 27.92 Billion By 2030

Image
  San Francisco, 6 Oct 2023:  The Report  Intelligent Traffic Management System Market  Size, Share, & Trends Analysis Report By Solution (Traffic Monitoring System, Traffic Signal Control System), By Region, And Segment Forecasts, 2023 - 2030 The global intelligent traffic management system market size is expected to reach USD 27.92 billion by 2030, The market is anticipated to expand at a CAGR of 13.8% from 2023 to 2030, according to a new report by Grand View Research, Inc. Rising urban population, increasing mobility and road transport efficiency, and the need to transform transport networks due to rapid industrialization are expected to drive the market over the forecast period. ITMS solutions eliminate delays, ease traffic congestion, and send accurate information to commuters and transportation planners. Rising government initiatives across the globe to implement smart cities with developed road networks and transportation systems, which is expected to have a positive impact

Tractor Implements Market Is Expected To Reach $ 43.50 Billion By 2030

Image
  San Francisco, 6 Oct 2023:  The Report  Tractor Implements Market  Size, Share & Trends Analysis Report By Product (Cultivator & Tiller, Harrows, Planters, Spreaders, Plough, Baler), By Region (North America, APAC, Europe), And Segment Forecasts, 2022 - 2030 The global tractor implements market size is expected to reach USD 43.50 billion by 2030, growing at a CAGR of 5.0% over the forecast period, according to a new report by Grand View Research, Inc. The surge in the adoption of advanced technology in the agricultural sector and a rise in the average farmer’s income are expected to be the primary factors driving the industry. Furthermore, favorable government policies for the agricultural sector and financial support to encourage product purchase are factors anticipated to drive the global industry. Farm owners’ approach toward high crop yield and the availability of technologically advanced tractor implements that aid in increasing farm productivity are also anticipated to

Asset Management Market Expected To Grow With USD 3,677.39 Billion By 2030

Image
  San Francisco, 4 Oct 2023:  The Report  Asset Management Market  Size, Share & Trends Analysis Report By Asset Type (Digital Assets, In-transit Equipment), By Component (Solution, Service), By Application (Aviation AM, Hospital AM), By Function, And Segment Forecasts, 2023 - 2030 The global asset management market size is expected to reach USD 3,677.39 billion by 2030, registering a CAGR of 34.7% from 2023 to 2030, according to a new study conducted by Grand View Research, Inc. The three key trends that will drive the industry growth are the increasingnumber of High-Net-WorthIndividuals (HNWIs), the government-incentivized shift to individual retirement plans, and the expansion of Sovereign Wealth Funds (SWFs). With increasing assets and associated costs, market vendors must maintain or increase their technology and data management investment to maximize distribution opportunities and comply with regulations and reporting. Other factors driving the industry include the need to re

Online Tutoring Services Market Size Poised To Reach USD 23.73 Billion By 2030

Image
  San Francisco, 3 Oct 2023:  The Report  Online Tutoring Services Market  Size, Share & Trends Analysis Report By Tutoring Type, By Course Type (Language, STEM), By Duration, By Tutoring Style, By End-user, By Region, And Segment Forecasts, 2023 - 2030 The global online tutoring services market size is expected to reach USD 23.73 billion by 2030, growing at a CAGR of 14.9% from 2023 to 2030, according to a report published by Grand View Research, Inc. Online tutoring refers to the process of tutoring in an online, networked, or virtual environment where learners and tutors are present virtually. It has gained popularity with the ever-increasing use of internet services worldwide. Increased internet data transfer speed has enabled tutors and learners to engage online simultaneously. Furthermore, the rapid adoption of smartphones is one of the significant factors driving the adoption of online teaching services worldwide as it enables learning to take place regardless of geographic

Metal 3D Printing Market Expected To Grow With USD 35.33 Billion By 2030

Image
  San Francisco, 29 Sep 2023:  The Report   Metal 3D Printing Market  Size, Share & Trends Analysis Report By Component (Hardware, Software, Services), By Technology, By Software, By Application, By Printer Type, By Vertical, By Region, And Segment Forecasts, 2023 - 2030 The global metal 3D printing market size is estimated to reach USD 35.33 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to witness a CAGR of 24.2% from 2023 to 2030. Metal 3D Printing is also referred to as Additive Manufacturing (AM), as it involves the successive addition of layers of materials in various 2D shapes using an additive process. These layered 2D shapes build upon one another to form a three-dimensional object. The process is different from the subtractive method of production, which begins with a block of metal, and the unnecessary metal is ground out to obtain the desired object. The metal 3D printing industry is estimated to exhibit significant growth