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Global Digital Games Market to be Worth USD 272.24 Billion by 2022
Latest report by Netscribes highlights robust growth in the global digital games market, despite challenges New York, January 24 2017 – Netscribes, Inc., a global market intelligence firm, released its Global Digital Gaming Market report today. According to Netscribes, the global digital gaming market will grow at an overall compound annual growth rate (CAGR) of 18.98 percent and will be worth USD 274.24 billion by 2022. A worldwide increase in demand for digital games can be attributed to an improved global economy, higher disposable income, proliferation of internet and smartphones, and rise in gamers across the world. However, political unrest, challenging economic conditions, government restrictions, slow internet speeds and low smartphone penetration are some of the major barriers to the growth of the digital gaming market. Despite these challenges, there is optimism regarding growth in the global digital games market. The industry is booming with some established players like Activision Blizzard, Electronic Arts and Ubisoft earning huge revenues and profits through their games. Some of them are also focusing on mobile games for further expansion into the largest segment of global digital games market. Game-developing startups are also trying to enter this high revenue market. These new entrants will further contribute to the development of the digital games market. Key highlights: Mobile gaming is the largest segment, occupying the highest share of the overall digital gaming market. It is followed by PC gaming and then by console gaming. The overall market trend indicates a shift towards more digital purchases for games. For gaming companies to stay relevant and compete better, development of old games, strengthening customer relationships, expanding into mobile platforms, augmented reality and virtual reality will be crucial. The top five companies hold nearly half of the overall gaming console market; the top ones being Sony and Microsoft. For more information, download the Netscribes Global Digital Gaming Market report. Netscribes offers custom market research solutions based on specific business needs. To request for custom research contact info@dev.netscribes.com. About Netscribes Netscribes is a global market intelligence and content management firm with services across the research and information value chain. Netscribes provides tactical and actionable insights to its clients and enables effective decision-making and strategic implementation. For more information, visit www.netscribes.com.
Global Blockchain Technology Market to be Worth USD 13.96 Billion by 2022
Latest report by Netscribes highlights development and growth in global blockchain technology market New York – January 16, 2017 –Netscribes, Inc., a global market intelligence firm, released its Global Blockchain Technology Market report today. According to Netscribes, the global blockchain technology market is expected to grow at a compound annual growth rate (CAGR) of 42.8%, and would be worth USD 13.96 billion by 2022. Blockchain technology is being extensively used in the BFSI segment for financial transactions and cross-border payments. Healthcare, energy, media and informatics are the other sectors that have witnessed traction in adoption of blockchain based technologies. This market is expected to exhibit swift growth owing to less time consumption and transaction costs. Despite its forecasted upward trajectory, there is still lack of awareness and other regulatory problems that hinder the growth and adoption of this technology. Nonetheless, the blockchain technology market has the potential to create value and help customers, financial institutions and government regulators. Some of the key highlights from the report are mentioned below. Key Highlights: The North American region accounted for the largest share of blockchain adoption in 2016 and is expected to dominate the overall market in the near future. However, Asia Pacific is also expected to adopt this technology at a faster rate owing to its wide adoption in China and India. The top companies providing blockchain solutions are Microsoft and IBM. Microsoft has undertaken a lot of initiatives and has merged with several start-ups in the recent years to apply Blockchain in insurance, supply chain and also in IOT cloud. Presently, public blockchain dominates the overall market. However, private blockchain technology has shown an increasing acceptance due to its more secure nature as it allows the access of transaction data to limited number of users. For more information, download the Netscribes Global Blockchain Technology Market report. Netscribes offers custom market research solutions based on specific business needs. To request for custom research contact info@dev.netscribes.com. About Netscribes Netscribes is a global market intelligence and content management firm with services across the research and information value chain. Netscribes provides tactical and actionable insights to its clients and enables effective decision-making and strategic implementation. For more information, visit www.netscribes.com.
Shiseido, Maybelline, and Avon Top-Performing Makeup Brands on Instagram
Latest Netscribes report analyzes the Instagram pages of global makeup brands and reveals strategies for higher engagement New York, October 12, 2017 – Netscribes, Inc., a global market intelligence and content management firm, today announced the findings of its report Best Performing Makeup Brands on Instagram. Netscribes analyzed the official Instagram pages of global makeup brands and confirmed that posting more or having a large follower count does not translate into high engagement. Netscribes analyzed the official Instagram pages of 10 global makeup brands, including Avon, Clinique, Estée Lauder, Lancôme, L’Oréal Paris, M.A.C Cosmetics, Maybelline New York, and Shiseido to find out the best performers and what marketers can learn from them. Key findings: 1. More followers does not mean high engagement Shiseido, with less than half the number of followers than M.A.C Cosmetics, Maybelline and L’Oréal Paris, had the highest engagement rate of 3%; followed by Maybelline New York (0.80%) and Avon (0.73%). 2. Posting more does not always lead to high engagement rates Shiseido, the brand with the highest engagement rate, ranked seventh in terms of the number of posts it published during the analysis period. 3. Images receive higher engagement than videos On average, images on Instagram receive nearly 22 times more engagement than videos. 4. 10AM to 6PM best time for posting Seven out of the 10 global brands received the highest engagement between 10AM – 6PM Eastern Time. 5. Human touch key to high engagement Netscribes concluded that audiences on Instagram prefer posts that keep it real. Posts that “talk” to audiences (such as asking them to post a comment or tag someone) and ones that showcase influencers or real customers using products attract higher engagement rates. About Netscribes’ Social Media Analytics Solution Netscribes’ social media analytics solution analyzes user-generated data across social media networks, online forums and review sites to help brands be in sync with changing consumer behavior. This helps brands to inform better marketing and communication strategies and build stronger brand identities online. About Netscribes Netscribes is a global market intelligence and content management firm with services across the research and information value chain. Venture-funded by US and Singapore private equity firms, Netscribes provides tactical and actionable insights and enables effective decision-making and strategic implementation.
Amazon, eBay Among Top Assignees of Artificial Intelligence Patents
Latest research by Netscribes provides insight on the technology developments that are transforming the retail landscape. New York, September 7, 2017 – Netscribes, Inc., a global market intelligence and content management firm, today announced the findings of its research on the adoption of artificial intelligence in retail in its whitepaper Artificial Intelligence in Retail: Patent Analysis. According to Netscribes, over 1200 patent publications have been filed globally since 2012, with a focus on artificial intelligence in the retail and e-commerce segment. Firms such as Amazon, eBay, IBM, Google Inc., Facebook, and Microsoft have consolidated their dominance in this space during the last five years. Some of the key application areas that Amazon is focused on include customer surveillance and recommendation systems for offline retailers. eBay’s focus is around the areas of machine learning algorithms, data processing techniques, and neural networks, that seem to be geared towards tackling the challenges in online resource management, prediction of online shopper behavior, and inventory management. Lalatendu Sahoo, Head of Patent Research at Netscribes said, “Firms such as Amazon and Google are constantly raising the stakes through technology and innovation and are making it difficult for new entrants to survive in this explosive growth market. It’s crucial to know the technology developments happening in your industry in order to adapt accordingly.” He further added, “Through a patent analysis, brands and retailers can gain the intelligence needed to survive long term in the changing business environment. The key is to be on a constant lookout for futuristic technologies that can potentially disrupt your existing business model.” To know more about Netscribes technology intelligence solutions, visit https://dev.netscribes.com/technology-research/ About Netscribes Netscribes is a global market intelligence and content management firm with services across the research and information value chain. Venture-funded by US and Singapore private equity firms, Netscribes provides tactical and actionable insights to its clients and enables effective decision-making and strategic implementation.
Global smart factory market to reach USD 74.80 billion by 2020
Latest research by Netscribes analyzes the market and patent landscape for Industrial 4.0 New York, August 29, 2017 – Netscribes, Inc., a global market intelligence and content management firm, today announced the findings of its research on the global smart factory market in its infographic Smart Factories: Current and Future Adoption Trends. According to Netscribes research, the global smart factory or Industrial 4.0 market is expected to grow at a CAGR of 10.4% and will reach USD 74.80 billion by 2020. Using its in-house market research and patent analytics expertise, Netscribes compiled the adoption trends and market landscape analysis of the smart factory market and provides a synoptic view of the future impact of Industrial 4.0 and the active companies investing in smart factories in major industries such as automotive, oil and gas, aviation, and energy. Netscribes also conducted a patent analysis to uncover the smart factory technology focus areas and the top companies that hold patents for those technologies. Some of the major findings included in the study are: Europe currently has the largest smart factory market share, followed by APAC countries, and the US. Germany leads in the adoption of smart factories, followed by the US and Japan. Cloud computing, augmented reality, and 3D printing are the top three technologies for smart factory-related patents. The use of collaborative industrial robots will find major application in the aviation, energy, and oil and gas industries. The use of 3D printers for prototyping will be used primarily in aerospace manufacturing. For detailed custom research and patent analysis on smart factories, write to info@dev.netscribes.com. Netscribes carried out the study through macro and micro level analytic research (EICPT model). This model drills downwards from macro-economic scenarios to industry and sub-sectors to company and peer group analysis, product and services and finally technology. About Netscribes Netscribes is a global market intelligence and content management firm with services across the research and information value chain. Venture-funded by US and Singapore private equity firms, Netscribes provides tactical and actionable insights to its clients and enables effective decision-making and strategic implementation.
Netscribes moves corporate headquarters to Lower Parel, Mumbai
Netscribes’ new corporate headquarters will be located at Lodha Supremus in Central Mumbai Mumbai, August 7, 2017- Netscribes, Inc., a global market intelligence and content marketing firm, today announced the relocation of its headquarters from Podar Center at Parel East to Lodha Supremus in Lower Parel, Mumbai. The firm also has offices in New York, Kolkata and Gurgaon. Commenting on the move, Sourav Mukherjee, founder and CEO of Netscribes, Inc., said: “We are on a good growth trajectory, and the new office will serve as our corporate headquarters. It offers strategic advantage with its unmatchable railway connectivity, proximity to major institutions and the best-in-class entertainment outlets. The location of the new office will definitely be an attraction to talent who believe in working and partying hard. It will also allow us to stay close to many of our Indian clients and pushing our goal of transforming insights into business advantage that much easier.” The new office is located at: 504, 5th Floor, Lodha Supremus, Lower Parel, Mumbai 400 013 Netscribes also recently launched their customized market intelligence platform, Onsense, which helps firms stay on top of customer needs, competitor activity and industry changes in real time. About NetscribesInc. Netscribes, Inc. is a global market intelligence and content marketing firm with services across the research and information value chain. Venture-funded by US and Singapore private equity firms, Netscribes provides tactical and actionable market insights to its clients and helps them manage content to drive marketing and branding.
