Latest news with #USD17
The Print
04-05-2025
- Business
- The Print
India's screen entertainment market to touch USD 17 billion by 2029: Report
As per the report, with online video will contribute USD 8.6 billion, making it the largest revenue segment by 2029, driven by affordable data, mobile penetration, and the rise of localised digital content. New Delhi [India], May 4 (ANI): The screen entertainment market in the country is estimated to touch USD17 billion by 2029, driven by digital platforms and sustained by television and movies, according to a joint report by Media Partners Asia (MPA), IP House and Confederation of Indian Industry (CII). Television, while slightly declining, remains a close second at USD 6.8 billion, underscoring its widespread reach and cultural inertia across Indian households. Movies are set to earn USD 1.9 billion, recovering steadily through hybrid release strategies and multiplex revival, as per the report. Together, the three formats signal a shift from traditional to digital, while still coexisting in a hybrid, multi-screen future, the report added. According to the report, by 2029, one in every two dollars in India's screen economy will come from online video, accounting for 50 per cent of all screen entertainment revenue, surpassing television and redefining how the nation watches its stories unfold. The joint report projects total content investments to reach USD 7.5 billion by 2029, and online video is set to match television's share of spending for the first time. From just 15 per cent of investment in 2019, online video will rise to 43 per cent by 2029, reflecting a compound annual growth rate (CAGR) of 8.5 per cent. Meanwhile, TV's share has steadily declined from 67 per cent to 43 per cent, following the shift in consumer viewing behaviour, the report added. As one of Asia's largest video content markets, India's content investment has already reached USD 5.8 billion in 2024, nearly doubling since 2019. This growth is led by premium VOD platforms fuelling demand for original, regional, and mobile-first content. India's online video sector generated an estimated USD 4.2 billion in 2024, with 75 per cent driven by advertising and 25 per cent from subscriptions. Premium video-on-demand platforms–across freemium (ad-supported) and SVOD models–are gaining traction in a market historically shaped by user-generated and social video platforms, with SVOD alone contributing USD 1 billion. Yet, SVOD household penetration remains well below regional benchmarks, largely due to the persistent challenge of digital piracy, which also suppresses advertising revenue for freemium services. The report highlights that despite its scale and momentum, India's online video sector faces significant revenue and growth constraints due to unchecked digital piracy–targeted anti-piracy measures offer a clear path to recovery and reinvestment. In 2024, approximately 90 million users accessed pirated video content, resulting in USD 1.2 billion in revenue loss–equivalent to 10 per cent of the legal video industry, as per the report. (ANI) This report is auto-generated from ANI news service. ThePrint holds no responsibility for its content.
Business Recorder
01-05-2025
- Business
- Business Recorder
Pakistan plans to save $17bn by removing high-cost energy projects under revised IGCEP
The government intends to save Rs4,743 billion (USD17 billion) by excluding 7,967MW of high-cost energy projects and adjusting project completion timelines under the upcoming Indicative Generation Capacity Expansion Plan (IGCEP) 2024-2034, the Prime Minister's Office (PMO) said on Thursday. According to a press release issued by the PMO, the decision was made during a meeting chaired by Prime Minister Shehbaz Sharif in Islamabad to discuss the reduction of electricity tariffs and implementing sustainable reforms in the energy sector, focusing on the IGCEP. Under the IGCEP, the government aims to prioritise local resources and alternative energy sources like solar, nuclear, and hydropower over imported fuels, which is expected to save Pakistan several billion dollars in foreign exchange reserves. The government also aims to gradually phase out capacity payments to power generation companies, added the statement. During the meeting, PM Shehbaz noted that after a recent reduction of approximately Rs7.50 per unit in electricity rates, the government is committed to pursuing an effective strategy for sustainable energy sector reforms to provide further relief to the public. Small renewable energy projects in IGCEP: HEPA seeks PM's support for inclusion The prime minister directed relevant authorities to expedite the completion of key projects, including the Diamer Bhasha Dam, to ensure effective systems for energy production and water storage in the country. 'Any delay in the completion of energy projects is unacceptable,' he emphasised. The prime minister also announced that a free market for electricity generation will be established in the near future. 'The creation of this market will enable competitive power supply, leading to more sustainable electricity availability and further reduction in tariffs,' PM Shehbaz was quoted as saying in the statement. During the meeting, the prime minister was briefed on ongoing reforms in the energy sector. Upon the PM's instruction, a re-evaluation of the IGCEP revealed that there was room for further improvement. The Task Force subsequently revised the plan to better align with ground realities and future needs. The briefing added that for the next ten years, the IGCEP paves the way for power projects to be awarded through competitive bidding and electricity to be sold at the lowest possible price. The meeting was attended by Minister for Power Sardar Awais Leghari, Minister for Economic Affairs Ahad Khan Cheema, Minister for Information Attaullah Tarar, Minister for Petroleum Ali Pervaiz Malik, and senior officials from relevant institutions.
Yahoo
27-01-2025
- Business
- Yahoo
Contenting Market to Grow by USD 539.3 Million (2025-2029), Social Media User Surge Fuels Expansion, Report Highlights Market Evolution Powered by AI
NEW YORK, Jan. 26, 2025 /PRNewswire/ -- Report on how AI is driving market transformation - The global contenting market size is estimated to grow by USD 539.3 million from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of 13.9% during the forecast period. Rise in number of users on social media is driving market growth, with a trend towards use of ai with social media management software. However, frauds related to digital advertisements poses a challenge. Key market players include Adobe Inc., Aghreni Technologies Pvt. Ltd., Alma Media Corp., Brafton Inc., ClearVoice Inc., Contently Inc., Contentoo B.V., CoSchedule LLC, Eucalypt LLC, Hootsuite Inc, HubSpot Inc., Influence and Co., Interact Marketing, IZEA Worldwide Inc., Rock Content, Seismic Software Inc., Skyword Inc., Sprinklr Inc., Upland Software Inc., and Vendasta Technologies Inc.. Key insights into market evolution with AI-powered analysis. Explore trends, segmentation, and growth drivers- View Free Sample PDF Contenting Market Scope Report Coverage Details Base year 2024 Historic period 2019 - 2023 Forecast period 2025-2029 Growth momentum & CAGR Accelerate at a CAGR of 13.9% Market growth 2025-2029 USD 539.3 million Market structure Fragmented YoY growth 2022-2023 (%) 12.2 Regional analysis APAC, North America, Europe, South America, and Middle East and Africa Performing market contribution North America at 36% Key countries US, China, Japan, Germany, Canada, India, Brazil, Saudi Arabia, Argentina, and UAE Key companies profiled Adobe Inc., Aghreni Technologies Pvt. Ltd., Alma Media Corp., Brafton Inc., ClearVoice Inc., Contently Inc., Contentoo B.V., CoSchedule LLC, Eucalypt LLC, Hootsuite Inc, HubSpot Inc., Influence and Co., Interact Marketing, IZEA Worldwide Inc., Rock Content, Seismic Software Inc., Skyword Inc., Sprinklr Inc., Upland Software Inc., and Vendasta Technologies Inc. Market Driver The Content Market is experiencing significant trends as digital transformation continues to shape business strategies. With over 4.66 billion internet users worldwide, enterprises are shifting from traditional channels to digital platforms for marketing. Client involvement efforts and consumer behavior analysis are key in effective marketing strategies. Skills like data analysis and content marketing systems are in high demand. AI-powered automation through generative AI platforms and content marketing software enhance digital communications and online engagement. Brands seek to increase online presence through target audience identification and content formats tailored to demographics. Brand visibility, marketing agency landscapes, and advertising agencies leverage AI and ML for content creation, social media posts, video platforms, and cloud computing. Cybersecurity Ventures predicts that IT will spend USD17 billion on content marketing by 2022. Large enterprises in sectors like healthcare, media, travel, and charities benefit from content marketing software, IT technology providers, and technology journals. Consumer-centric markets prioritize customer experience, retention, and brand loyalty. Cloud deployment and on-premise deployment options offer flexibility. Content formats include textual, graphical, audio, and video. Businesses are embracing digital transformation to create connected platforms and generate new revenue streams. This shift has led many industries to invest in real-time solutions and advanced IT infrastructure, including analytical tools. Modern businesses require sophisticated business intelligence (BI) to gain a competitive edge. Artificial intelligence (AI) plays a pivotal role in content marketing, offering technological advances like virtual agents, chatbots, targeted ads, suggestive web searches, voice recognition, pattern recognition, machine translation, face recognition, automatic scheduling, and autonomous driving. AI provides a comprehensive view of business activities and associated data. Request Sample of our comprehensive report now to stay ahead in the AI-driven market evolution! Market Challenges In today's digital transformation, enterprises face challenges in reaching and engaging their target audience through traditional channels. With over 4.66 billion internet users worldwide, digital platforms have become essential for businesses to connect and build relationships with consumers. However, creating effective content marketing strategies requires skills in various content formats such as textual, graphical, audio, and video. Client involvement efforts and data analysis are crucial for understanding consumer behavior. Content marketing systems, AI-powered automation, and generative AI platforms help streamline content creation and distribution. However, choosing the right content marketing software and managing online presence can be daunting for large enterprises in sectors like healthcare, media, travel, and charities. Brand visibility in a consumer-centric market relies on digital communications and online engagement. Marketing agencies and advertising agencies offer expertise in social media posts, video platforms, and digital content creation. Cloud computing and cybersecurity are essential considerations for on-premise or cloud deployment. Technology providers and IT journals offer recognized authors and certified publications to stay updated on the latest trends and best practices. AI and machine learning components in content marketing software enable data-driven advertising strategies and improve customer experience, retention, and brand loyalty. As the marketing landscape evolves, staying informed and adaptable is key to success. Digital advertisements refer to online promotions of products or services. Over the years, the definition of digital advertising has expanded, leading to concerns regarding fraudulent activities. Digital advertising fraud includes displaying ads when users are not engaged, utilizing content-scraping sites to generate false traffic, and deceiving advertisers with non-existent ad delivery mechanisms. These issues emerged around the time search engine marketing gained popularity over a decade ago. Industry professionals must remain vigilant against such fraud to maintain trust and effectiveness in digital advertising. Discover how AI is revolutionizing market trends- Get your access now! Segment Overview This contenting market report extensively covers market segmentation by End-user 1.1 Retail 1.2 Automotive 1.3 Financial services 1.4 Telecom 1.5 Others Platform 2.1 Blogging 2.2 Videos 2.3 Infographics 2.4 Case studies 2.5 Others Objective 3.1 Lead generation 3.2 Brand awareness 3.3 Thought leadership 3.4 Others Geography 4.1 APAC 4.2 North America 4.3 Europe 4.4 South America 4.5 Middle East and Africa 1.1 Retail- The retail sector, encompassing distribution channels and omnichannel companies like branded wholesalers, traditional retailers, grocery store retailers, convenience store retailers, and others, experiences substantial growth in the global content marketing market. Key benefits, such as increased website traffic, brand establishment and trust, awareness, personality development, audience connection, social media fueling, conversion funnel support, and improved conversion rates, drive this growth. North American retail giants, such as Walmart Inc., Costco Wholesale Corp., and Hudsons Bay Co., lead the way in content marketing adoption due to their global presence. The retail industry's rapid expansion and the shift towards mobile shopping (33% of consumers shopped via smartphones in 2022) necessitate content marketing for customer engagement and outreach. Retailers use content marketing to share brand stories and product information, fostering customer connections throughout their purchasing journey. For instance, Tata Cliq's offline store launch in Mumbai, India, showcases this approach, improving customer engagement and attracting new customers. These factors underpin the demand for content marketing in the retail sector during the forecast period. Download a Sample of our comprehensive report today to discover how AI-driven innovations are reshaping competitive dynamics Research Analysis Title: Embracing the Digital Future: Content Marketing in the Age of Transformation Content Marketing is a strategic marketing approach focused on creating and distributing valuable, relevant, and consistent content to attract and retain a clearly defined audience. With the digital transformation sweeping through businesses and the increasing number of internet users, enterprises are shifting their marketing efforts from traditional channels to digital platforms. Consumer behavior has evolved, with a growing preference for textual, graphical, audio, and video content. Digital content creation is no longer a luxury but a necessity, driven by the availability of affordable tools and the increasing importance of client involvement efforts. Cloud computing, a key enabler of digital transformation, offers advantages such as cost savings, scalability, and flexibility. Cybersecurity, however, is a critical concern in the digital age, with Cybersecurity Ventures predicting 3.5 million cybersecurity job openings by 2021. IT technology providers and technology journals play a crucial role in keeping enterprises informed about the latest trends, best practices, and certified publications in digital content creation. Recognized authors and articles in these publications offer valuable insights and skills development opportunities. In conclusion, the future of content marketing lies in embracing digital transformation, understanding consumer behavior, and investing in the right skills and technologies. Market Research Overview Content Marketing is a strategic approach to creating and distributing valuable digital content to engage and retain a clearly defined audience, ultimately driving customer action. With the digital transformation, Internet users have increasingly turned to online platforms for information, entertainment, and communication. Enterprises have responded by adopting marketing strategies that prioritize client involvement efforts and consumer behavior analysis. Skills like data analysis, AI-powered automation, and content marketing systems have become essential. Generative AI platforms and content marketing software enable businesses to create, manage, and optimize content across digital communications channels. Demographics, target audience, and content formats vary across industries, including healthcare and pharmaceutical, media and entertainment, travel and tourism, charities/nonprofit organizations, and IT technology providers. Brand visibility and customer experience are crucial in the consumer-centric market, driving the need for retention of customers and brand loyalty. Digital content creation includes textual, graphical, audio, and video content, which can be deployed on-premise or in the cloud. Cybersecurity Ventures predicts that cloud computing will power 93% of workloads and content by 2022. Marketing agencies and advertising agencies leverage social media posts, video platforms, and streaming services to reach audiences effectively. Content marketing software and technology journals provide recognized authors and certified publications to expand audience reach and enhance brand visibility. AI and machine learning components enable personalized content recommendations and automation, improving the overall customer experience. Table of Contents: 1 Executive Summary2 Market Landscape3 Market Sizing4 Historic Market Size5 Five Forces Analysis6 Market Segmentation End-user Platform Objective Geography 7 Customer Landscape8 Geographic Landscape9 Drivers, Challenges, and Trends10 Company Landscape11 Company Analysis12 Appendix About Technavio Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. Contacts Technavio ResearchJesse MaidaMedia & Marketing ExecutiveUS: +1 844 364 1100UK: +44 203 893 3200Email: media@ View original content to download multimedia: SOURCE Technavio
