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Global In-Silico Drug Discovery Market to 2031 – Focus on Product, Workflow, Technology and End-user

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Dublin, Feb. 17, 2022 (GLOBE NEWSWIRE) — The “In-Silico Drug Discovery Market: Focus on Product, Workflow, Technology, and End User – Analysis and Forecast, 2021-2031” report has been added to ResearchAndMarkets.com’s offering.

The in-silico drug discovery market is projected to reach $6,515.3 million by 2031 from $2,129.8 million in 2020, at a CAGR of 10.52% in the forecast period of 2021-2031.

Factors fueling the growth of the market include the rising emphasis on reduction in medical errors, technological advancements in the field of computational biology, and the rising adoption of cloud-based applications in drug discovery procedures. New drug compounds have been developed using computational methods successfully. The developments in computational biology have eased the data analytics and analysis phases of sequencing and have resulted in fewer turnaround times and greater accuracy.

Within the research report, the market has been segmented based on workflow, product, technology, software type, end user, and region. Each of these segments covers the snapshot of the market over the projected years, the inclination of the market revenue, underlying patterns, and trends by using analytics on the primary and secondary data obtained.

Competitive Landscape

The exponential rise in the prevalence of infectious diseases and various types of cancer globally has created a buzz among companies to invest in advanced technologies such as artificial intelligence.

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Based on region, North America holds the largest share, owing to improved healthcare infrastructure, rise in per capita income, and improvised reimbursement policies in the region. However, the Asia-Pacific and Europe regions are anticipated to grow at the fastest CAGR during the forecast period.

Key Companies Profiled

Aragen Life Sciences Pvt. Ltd., Curia Global, Inc., Certara, USA., Charles River, Chemical Computing Group ULC., Collaborative Drug Discovery Inc., Dassault Systemes, e-therapeutics plc., Evotec, Insilico Medicine, Ligand Pharmaceuticals Incorporated, Numerate, Inc., PerkinElmer Inc., Schrodinger, Inc., Selvita, Simulations Plus, Tracxn Technologies, WuXi AppTec

Key Questions Answered in the Report

  • How is each segment of the market expected to grow during the forecast period 2021-2031, and what is the anticipated revenue to be generated by each segment?
  • What are the major market drivers, restraints, and opportunities in the global in-silico drug discovery market?
  • What are the underlying structures resulting in the emerging trends within the global in-silico drug discovery market?
  • How is each segment of the global in-silico drug discovery market expected to grow during the forecast period, and what will be the expected revenue generated by each of the segments by the end of 2031?
  • What are the key developmental strategies implemented by the major players to sustain in the competitive market?
  • What are the key regulatory implications in developed and developing regions for in-silico drug discovery?
  • Who are the leading players with significant offerings to the global in-silico drug discovery market? What is the current market dominance for each of these leading players?
  • What would be the compound growth rate witnessed by the leading players in the market during the forecast period 2021-2031? Which in-silico drug discovery workflow type has the most promising growth?
  • What are the major technologies that are employed in the global in-silico drug discovery market? Which is the dominating technology?
  • Who are the primary end users of the global in-silico drug discovery market? Which is the fastest-growing end-user segment in the global in-silico drug discovery market?
  • Who are the key manufacturers in the global in-silico drug discovery market, and what are their contributions? Also, what is the growth potential of each major in-silico drug discovery manufacturer?
  • What is the scope of the global in-silico drug discovery market in North America, Europe, Asia-Pacific, Latin America, and Rest-of-the-World? Which in-silico drug discovery technology and end user dominate these regions?
  • What are the emerging trends in the global in-silico drug discovery market? How are these trends revolutionizing the diagnostic procedure?
  • Which technologies are anticipated to break through the in-silico drug discovery regime?
  • Which companies are anticipated to be highly disruptive in the future and why?
  • Which regulatory procedures are required to unify the approval process for the emerging in-silico drug discovery market? How will these enhance the reimbursement scenario?
  • What are the gaps in regularizing in-silico drug discovery adoption in regular healthcare routines? How are these gaps being tackled?

Key Topics Covered:

1 Markets
1.1 Product Definition
1.1.1 Inclusion and Exclusion
1.2 Global In-Silico Drug Discovery Market Size and Forecast
1.3 Global In-Silico Drug Discovery Market Size and Forecast – Realistic, Optimistic, and Conservative Growth Scenario
1.3.1 Realistic Growth Scenario
1.3.2 Conservative Growth Scenario
1.3.3 Optimistic Growth Scenario
1.4 Current Global In-Silico Drug Discovery Market Landscape
1.4.1 Market Availability for In-Silico Drug Discovery
1.4.2 In-Silico Drug Discovery Market Technology Trends
1.5 Market Dynamics
1.5.1 Overview
1.5.2 Impact Analysis
1.5.3 Market Drivers
1.5.3.1 Rising Emphasis on Reduction in Medical Errors
1.5.3.2 Technological Advancements in the Field of Computational Biology
1.5.3.3 Integration of Blockchain Technology in Interoperability
1.5.3.4 Rising Adoption of Cloud-Based Application for Drug Discovery
1.5.4 Market Restraints
1.5.4.1 Lack of High Complexity Testing Centers
1.5.4.2 Expensive In-Silico Drug Discovery Procedures and Decline in the Number of Approved Drugs
1.5.4.3 High Capital Requirement Hampering the Expansion of Global Reach
1.5.5 Market Opportunities
1.5.5.1 Massive Scope for Adoption of In-Silico Drug Discovery in Developing Nations
1.5.5.2 Adoption of Artificial Intelligence in In-Silico Drug Discovery
1.6 COVID-19 Impact on Global In-Silico Drug Discovery Market
1.6.1 Overview
1.6.2 Impact on the Market Growth
1.6.3 Impact on Clinical Trial
1.6.4 Impact on R&D
1.7 Competitive Landscape
1.7.1 Acquisitions
1.7.2 Synergistic Activities
1.7.3 Product Launches and Upgradations
1.7.4 Business Expansion
1.7.5 Patent Approval, Fundings, Investments, and Marketing Strategy
1.7.6 Market Share Analysis
1.7.7 Growth Share Analysis
1.8 Industry Insights
1.8.1 Regulatory Framework in North America
1.8.2 Regulatory Framework in Europe
1.8.3 Regulatory Framework in Asia-Pacific
1.9 Patent Analysis
1.9.1 Patent Filing Trend

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2 Products
2.1 Overview
2.1.1 Software
2.1.2 Software-as-a-Service (Cloud)
2.1.3 Consultancy-as-a-Service

3 Workflow
3.1 Overview
3.2 Discovery
3.2.1 Target Identification
3.2.1.1 Bioinformatics
3.2.1.2 Reverse Docking
3.2.1.3 Protein Structure Prediction
3.2.2 Target Validation
3.2.3 Lead Discovery
3.2.3.1 Library Design
3.2.3.2 Pharmacophore
3.3 Pre-Clinical Tests
3.4 Clinical Trials

4 Software Type
4.1 Overview
4.1.1 Molecular Modeling and De Novo Drug Design Software
4.1.2 Pharmacophore Modeling Software

5 Technology
5.1 Overview
5.1.1 Artificial Intelligence
5.1.1.1 Computational Methods Used by Advanced AI Companies
5.1.1.2 Use of Artificial Intelligence to Combat COVID-19 Pandemic
5.1.2 Graphics Processing Unit
5.1.3 Other Technologies
5.1.3.1 In-Silico Fishing
5.1.3.2 RNN for Drug Design

6 End-User
6.1 Overview
6.1.1 Contract Research Organizations
6.1.2 Pharmaceutical and Biopharmaceutical Companies
6.1.3 Academic and Research Institutes
6.1.4 Other End Users (Hospitals and Other Care Facilities)

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7 Region

8 Markets – Competitive Benchmarking & Company Profiles
8.1 Competitive Benchmarking
8.2 Aragen Life Sciences Pvt. Ltd. (GVK Biosciences Pvt. Ltd.)
8.2.1 Company Overview
8.2.2 Role of Aragen Life Sciences Pvt. Ltd. in the Global In-Silico Drug Discovery Market
8.2.3 SWOT Analysis
8.3 Curia Global, Inc. (Albany Molecular Research Inc.)
8.3.1 Company Overview
8.3.2 Role of Curia Global, Inc. in the Global In-Silico Drug Discovery Market
8.3.3 SWOT Analysis
8.4 Certara, USA.
8.4.1 Company Overview
8.4.2 Role of Certara, USA. in the Global In-Silico Drug Discovery Market
8.4.3 SWOT Analysis
8.5 Charles River
8.5.1 Company Overview
8.5.2 Role of Charles River in the Global In-Silico Drug Discovery Market
8.5.3 Financials
8.5.4 SWOT Analysis
8.6 Chemical Computing Group ULC. (CCG)
8.6.1 Company Overview
8.6.2 Role of Chemical Computing Group ULC. in the Global In-Silico Drug Discovery Market
8.6.3 SWOT Analysis
8.7 Collaborative Drug Discovery Inc. (CDD)
8.7.1 Company Overview
8.7.2 Role of Collaborative Drug Discovery Inc., in the Global In-Silico Drug Discovery Market
8.7.3 SWOT Analysis
8.8 Dassault Systemes
8.8.1 Company Overview
8.8.2 Role of Dassault Systemes in the Global In-Silico Drug Discovery Market
8.8.3 Financials
8.8.4 Key Insights About Financial Health of the Company
8.8.5 SWOT Analysis
8.9 e-therapeutics plc.
8.9.1 Company Overview
8.9.2 Role of e-therapeutics plc. in the Global In-Silico Drug Discovery Market
8.9.3 Financials
8.9.4 Key Insights About Financial Health of the Company
8.9.5 SWOT Analysis
8.1 Evotec (Cyprotex)
8.10.1 Company Overview
8.10.2 Role of Evotec in the Global In-Silico Drug Discovery Market
8.10.3 Financials
8.10.4 Key Insights About Financial Health of the Company
8.10.5 SWOT Analysis
8.11 Insilico Medicine
8.11.1 Company Overview
8.11.2 Role of Insilico Medicine in the Global In-Silico Drug Discovery Market
8.11.3 SWOT Analysis
8.12 Ligand Pharmaceuticals Incorporated (Icagen, Inc.)
8.12.1 Company Overview
8.12.2 Role of Ligand Pharmaceuticals Incorporated in the Global In-Silico Drug Discovery Market
8.12.3 Financials
8.12.4 Key Insights About Financial Health of the Company
8.12.5 SWOT Analysis
8.13 Numerate, Inc.
8.13.1 Company Overview
8.13.2 Role of Numerate Inc. in the Global In-Silico Drug Discovery Market
8.13.3 SWOT Analysis
8.14 PerkinElmer Inc.
8.14.1 Company Overview
8.14.2 Role of PerkinElmer Inc., in the Global In-Silico Drug Discovery Market
8.14.3 Financials
8.14.4 Key Insights About Financial Health of the Company
8.14.5 SWOT Analysis
8.15 Schrodinger, Inc.
8.15.1 Company Overview
8.15.2 Role of Schrodinger, Inc. in the Global In-Silico Drug Discovery Market
8.15.3 Financials
8.15.4 Key Insights About Financial Health of the Company
8.15.5 SWOT Analysis
8.16 Selvita
8.16.1 Company Overview
8.16.2 Role of Selvita in the Global In-Silico Drug Discovery Market
8.16.3 SWOT Analysis
8.17 Simulations Plus
8.17.1 Company Overview
8.17.2 Role of Simulations Plus in the Global In-Silico Drug Discovery Market
8.17.3 Financials
8.17.4 Key Insights About Financial Health of the Company
8.17.5 SWOT Analysis
8.18 Tracxn Technologies (Novo Informatics Pvt. Ltd.)
8.18.1 Company Overview
8.18.2 Role of Tracxn Technologies in the Global In-Silico Drug Discovery Market
8.18.3 SWOT Analysis
8.19 WuXi AppTec
8.19.1 Company Overview
8.19.2 Role of WuXi AppTec in the Global In-Silico Drug Discovery Market
8.19.3 Financials
8.19.4 Key Insights About Financial Health of the Company
8.19.5 SWOT Analysis

For more information about this report visit https://www.researchandmarkets.com/r/o761ru

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Artificial Intelligence

Complyport’s new AI tool – ViCA.Chat – set to revolutionise compliance support services

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LONDON, June 14, 2024 /PRNewswire/ — ViCA.Chat, the Virtual Compliance Assistant powered by AI technology, is set to transform regulatory compliance consulting. Developed by ComplyMAP Group’s AI engineers and Complyport’s compliance consulting teams, ViCA redefines compliance support services and propels governance, risk and compliance consulting into a new era of innovation. 

Offering real-time assistance across a vast array of UK and EU regulatory frameworks, ViCA delivers unparalleled efficiency, detail and precision in disentangling and dealing with complicated regulatory frameworks.
The key differentiator of ViCA is its specialised and purposely constructed unique databases that leverage Complyport’s 22 years of regulatory expertise, combined with tailored AI training tools, enabling ViCA to operate as an experienced compliance consultant. A dedicated human support team continuously improves and updates ViCA’s knowledge and responses through a feedback loop process and quality assurance sessions. This powerful symbiosis of AI and human expertise sets ViCA apart and ensures businesses have the latest regulatory information instantaneously and seamlessly.
As a result, ViCA’s specialised regulatory database goes beyond readily available online resources which feature into traditional AI tools. ViCA offers exclusive insights, proprietary regulatory interpretations, historical data, bespoke and purposely structured compliance documentation and templates. With advanced scraping capabilities, ViCA also extracts relevant data from selected websites and publicly available information, ensuring an up-to-date and comprehensive understanding of compliance requirements across industries.
From agile fintech startups to established law firms, financial institutions, regulatory bodies, insurance providers, as well as compliance consultants, ViCA seamlessly adapts to unique compliance needs. Its user-friendly interface ensures navigating and analysing regulatory data is swift and intuitive, streamlining the compliance workflow.
“ViCA is a game-changer in how regulatory compliance advice will be provided in the future”, commented Luis Parra, Managing Director of ViCA. “With ViCA, compliance insights become available to all. No longer are regulated firms and responsible people overly dependent on advisors and compliance consultants. Through ViCA, the financial system will not only meet but exceed regulatory standards. Moreover, the level of information made available to the public will benefit society as a whole, in its interactions with the financial services sector.”
Among ViCA’s revolutionary features is its cost-effective model, allowing businesses to significantly reduce reliance on traditional spending with external consultants and advisors.
Visit ViCA.Chat to experience the future of compliance support.
Contact:
Name: Luis ParraTitle: Managing DirectorCompany: Vica.ChatTelephone: +44 20 7399 4980 Email: [email protected]
About ViCA.Chat:
ViCA.Chat is a revolutionary Virtual Compliance Assistant powered by cutting-edge AI technology, designed to demystify the complexities of regulatory compliance. Utilising Complyport’s 22 years of regulatory expertise, ViCA offers real-time assistance and guidance across a wide range of regulatory frameworks, setting a new standard for efficiency and precision in compliance support. From fintech start-ups to established law firms, financial services institutions, regulators, regulatory firms, compliance consultants and insurance firms, ViCA caters to the diverse needs of professionals across all levels in the broader UK financial services sector.
Visit ViCA.Chat to learn more.
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LoRa and LoRaWAN IoT Market worth $32.7 billion by 2029- Exclusive Report by MarketsandMarkets™

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CHICAGO, June 14, 2024 /PRNewswire/ — The LoRa and LoRaWAN IoT Market is expected to reach USD 32.7 billion by 2029 from USD 8.0 billion in 2024, at a Compound Annual Growth Rate (CAGR) of 32.4 % during 2024–2029, according to a new report by MarketsandMarkets™.

Browse in-depth TOC on “LoRa and LoRaWAN IoT Market”
320 – Tables 58 – Figures294 – Pages
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Scope of the Report
Report Metrics
Details
Market size available for years
2018-2029
Base year considered
2023
Forecast period
2024–2029
Forecast units
Value (USD Billion)
Segments Covered
Offering, Network Deployment, Application, End User, and Region
Region covered
North America, Europe, Asia Pacific, Middle East & Africa, and Latin America.
List of Companies in LoRa and LoRaWAN IoT
The Bosch Group (Germany),  Cisco (US), Orange SA (France), Comcast Corporation (US), Semtech (US), NEC Corporation(Japan), Tata Communications (India), AWS (US), Advantech (Taiwan), SK Telecom (South Korea), Murata (Japan), Kerlink (France), Actility (France), Digi International (US), MultiTech (US), Ezurio (US), Sensoterra (Netherlands), Nwave Technologies (US), RAKwireless (China), TheThings.io (Spain), Datacake (Germany), Milesight (China), LORIOT (Switzerland), Exosite (US), Orbiwise (Switzerland), Netmore Group (Sweden), and Radio Bridge Inc (US).
The LoRaWAN ecosystem influences development of tools, software libraries, and cloud-based platforms that streamline the creation, deployment, and management of IoT solutions. Continuously evolving, this ecosystem boasts a burgeoning array of vendors providing LoRa-compliant devices, gateways, and network management solutions. This vibrant competition within the ecosystem propels innovation while driving down costs for end-users. Moreover, the development of interoperable solutions fosters seamless integration and deployment of LoRaWAN networks, simplifying the implementation process for businesses and organizations. As the ecosystem continues to expand and mature, it empowers developers, system integrators, and IoT enthusiasts to unleash their creativity, accelerate time-to-market, and unlock the full potential of LoRaWAN technology in diverse applications and industries.
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Based on network deployment, the public network segment to hold the largest market size during the forecast period.
The robust security features integrated into public LoRaWAN networks play a significant role in driving the growth and adoption of LoRaWAN technology in the market. End-to-end encryption ensures that data transmitted between devices and gateways is protected from unauthorized access or interception, safeguarding sensitive information such as sensor readings, location data, and command messages. Message integrity checks verify the integrity of data packets, detecting any tampering or alteration during transmission and ensuring data authenticity and reliability. Additionally, mutual authentication mechanisms establish trust between devices and gateways, verifying the identity of both parties before allowing communication to occur. These security measures provide organizations and end-users with confidence in the integrity and confidentiality of their data, mitigating concerns related to data privacy, cybersecurity threats, and regulatory compliance. As a result, implementing robust security features in public LoRaWAN networks enhances trust and credibility in the technology, driving increased adoption and market growth as organizations seek reliable and secure connectivity solutions for their IoT deployments.
By offering, the services segment is expected to hold a higher growth rate during the forecast period.
IoT service providers are pivotal in driving adoption by developing vertical-specific solutions finely tuned to the distinct needs of industries like agriculture, healthcare, logistics, and smart cities. In agriculture, for instance, IoT services offer solutions for precision farming, crop monitoring, and livestock management, enabling farmers to optimize irrigation, monitor soil health, and enhance yields. Similarly, IoT services facilitate remote patient monitoring, asset tracking, and inventory management in healthcare, improving patient care, reducing costs, and ensuring compliance with regulatory standards such as HIPAA. In logistics, IoT services provide real-time tracking of shipments, fleet management, and predictive maintenance, enhancing supply chain visibility, efficiency, and reliability. For smart cities, IoT services offer solutions for traffic management, waste management, energy optimization, and public safety, transforming urban infrastructure and enhancing the quality of life for residents. By addressing industry-specific challenges, compliance requirements, and use cases, vertical-specific IoT solutions deliver tangible business value, driving adoption and fueling the growth of the IoT services market across diverse sectors.
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Asia Pacific is expected to hold a higher growth rate during the forecast period.
In the Asia Pacific region, where agriculture serves as a cornerstone of many economies, adopting IoT technologies, particularly LoRa and LoRaWAN, is revolutionizing traditional farming practices. LoRaWAN’s long-range connectivity and low-power consumption make it well-suited for deployment in rural agricultural settings, where access to reliable connectivity may be limited. Through LoRa-based IoT solutions, farmers can implement precision agriculture techniques to address pressing challenges such as water scarcity, soil degradation, and unpredictable weather patterns. LoRa-enabled sensors facilitate real-time monitoring of soil moisture levels, temperature, and humidity, allowing farmers to optimize irrigation schedules and conserve water resources. Remote sensing technologies powered by LoRaWAN enable farmers to gather actionable insights on crop health, pest infestations, and nutrient deficiencies, facilitating timely interventions and improving overall crop management practices. Furthermore, LoRa-based crop analytics platforms provide farmers with data-driven decision support tools, helping them optimize planting strategies, improve yield forecasting, and mitigate the impact of climate change on agricultural productivity. By harnessing the power of LoRa and LoRaWAN IoT solutions, farmers in the Asia Pacific region can increase yields, conserve resources, and enhance resilience to environmental challenges, driving the adoption and growth of the LoRaWAN IoT market in the agricultural sector.
Top Key Companies in LoRa and LoRaWAN IoT Market:
The major vendors covered in the LoRa and LoRaWAN IoT Market are The Bosch Group (Germany),  Cisco (US), Orange SA (France), Comcast Corporation (US), Semtech (US), NEC Corporation(Japan), Tata Communications (India), AWS (US), Advantech (Taiwan), SK Telecom (South Korea), Murata (Japan), Kerlink (France), Actility (France), Digi International (US), MultiTech (US), Ezurio (US), Sensoterra (Netherlands), Nwave Technologies (US), RAKwireless (China), TheThings.io (Spain), Datacake (Germany), Milesight (China), LORIOT (Switzerland), Exosite (US), Orbiwise (Switzerland), Netmore Group (Sweden), and Radio Bridge Inc (US). These players have adopted various growth strategies, such as partnerships, agreements and collaborations, new product launches, enhancements, and acquisitions to expand their footprint in the LoRa and LoRaWAN IoT Market.
Browse Adjacent Markets: Digitalization and Internet of Things (IoT) Market Research Reports & Consulting
Related Reports:
Perimeter Security Market- Global Forecast to 2029
Smart Cities Market – Global Forecast to 2028
Fleet Management Market – Global Forecast to 2028
Smart Water Management Market – Global Forecast to 2028
Rail Asset Management Market – Global Forecast to 2026
Get access to the latest updates on LoRa and LoRaWAN IoT Companies and LoRa and LoRaWAN IoT Industry
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MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.
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Scoring a Seat at UEFA EURO 2024™ with Top-Performing AI-Powered TOSHIBA TV Lineup

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HONG KONG, June 14, 2024 /PRNewswire/ — Football fans are in for a treat as they gear up for UEFA EURO 2024™ with Toshiba TV’s top-performing Gaming TV Z670. As the OFFICIAL TV OF UEFA EURO 2024™, Toshiba TVs present immersive viewing of the football game by their AI-powered TV lineup. To celebrate the brilliant moments it can bring, Toshiba TV are gifting USD100 Amazon Gift Card via their social platform! By simply like, follow and comment on @ToshibaTVGlobal, fans can boost their chances of scoring this prize.

Optimized Visuals Tailored for Football Dynamics
The Toshiba REGZA Engine ZRi in Z670 transports football fans into the heart of the action. With the AI Football Mode, they’ll be able to see fast-moving objects crystal clear and football field actions much enriched. To see their favourite player score that winning goal, the AI Picture Optimizer automatically adjusts visual contrast and precision adapted to the game. From vivid green fields and vibrant player kits, every play comes to life with AI 4K Upscaling and Quantum Dot Color, transforming lower-resolution broadcasts into near-4K quality and unleashing lifelike visual color.
Powerful Audio Effects for a Live Stadium Experience
The Toshiba TV Z670’s powerful audio system makes viewers feel like they’re right in the game. With the REGZA Bass Woofer Pro, Tru Bass Booster, and Dolby Atmos, they’ll experience heart-thumping 3D surround sound that captures the live stadium atmosphere. Whether it’s the roar of the crowd or the intensity of each play, the rich audio brings the excitement of each game right into their room.
Bringing Everyone Together for UEFA EURO 2024™
Available in sizes ranging from 55″ to 85″, Z670 is equipped with a Wide Viewing Angle and Anti-reflection features that ensures a clear picture from all viewing positions with the non-glare panel. Gather everyone for “Brilliant Every Moment” in UEFA EURO 2024™ with Toshiba TV!
Please find the high-resolution TVC here: Link
About Toshiba TV:
With 70+ years of history in TV production, Toshiba TV is known for its exquisite craftsmanship, innovative ideas and groundbreaking inventions. By prioritizing superior image quality and auditory experiences, Toshiba TV sets new standards in entertainment. Toshiba TV stems from the excellence quest of customers, providing the world with responsible products to make the world a better place. Emphasizing attention to product details and technological advancement, Toshiba TV integrates aesthetically pleasing design, quality assurance, and brand reputation to underscore its commitment to authenticity in the actual world and a sincere dedication to its consumers, showcasing Toshiba TV’s long-standing design philosophy and continuous pursuit of product quality.
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