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Global Textile Printing Markets Report 2022-2026 – Exciting Opportunities for Reactive Inks for Digital Textile Printing

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Dublin, March 17, 2022 (GLOBE NEWSWIRE) — The “Textile Printing – Global Market Trajectory & Analytics” report has been added to ResearchAndMarkets.com’s offering.

Global Textile Printing Market to Reach 28.2 Billion Square Meters by 2026

The global market for Textile Printing estimated at 22 Billion Square Meters in the year 2020, is projected to reach a revised size of 28.2 Billion Square Meters by 2026, growing at a CAGR of 4.3% over the period analysis period. Screen Printing, one of the segments analyzed in the report, is projected to grow at a 2.8% CAGR to reach 24.6 Billion Square Meters by the end of the analysis period.

Driven by rising disposable incomes, consumers especially in fast-growing developing economies are gaining the ability to afford fabrics with attractive designs and designer wear. Market growth is also being favored by the rising preference for artistic fabrics among customers. Sustainability, shorter run lengths, online collaboration, demand for textiles with vibrant colors, and changes in printing partner ecosystem are some of the trends that are likely to emerge post COVID-19 crisis.

Renewed emphasis on eco-friendly procedures and toxic-free ingredients would emerge as a major trend in the textile printing ecosystem. The new sustainability awareness can potentially trigger the switch from traditional textile printing to digital textile printing, as digital approach is more sustainable and more viable in the long-run. Besides digital printing, shorter run lengths also influence the demand for high quality rotary screens, which still represent the most economical textile printing method.

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After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Digital Printing segment is readjusted to a revised 16.5% CAGR for the next 7-year period. This segment currently accounts for a 7.8% share of the global Textile Printing market.

The market for traditional textile screen printing, which is a labor-intensive technique, has witnessed growth led by steady population growth, rising consumer spending of people across the world, and rapidly changing fashion trends. However, with the emergence of digital textile printing and its fast adoption in the global market, the conventional screen printing method is facing stiff competition.

Growth in Digital Printing segment will be driven by digital printing technology`s ability to address technical limitations that are encountered in conventional printing applications, and its use in small-volume productions involving varied designs, which proves to be inefficient in the case of traditional printing.

The U.S. Market is Estimated at 1.5 Billion Square Meters in 2021, While China is to Reach 8.5 Billion Square Meters by 2026

The Textile Printing market in the U.S. is estimated at 1.5 Billion Square Meters in the year 2021. The country currently accounts for a 6.62% share in the global market. China, the world`s second largest economy, is forecast to reach an estimated market size of 8.5 Billion Square Meters in the year 2026 trailing a CAGR of 5.2% through the analysis period.

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Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.8% and 2.3% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 4.3% CAGR while Rest of European market (as defined in the study) will reach 9 Billion Square Meters by the end of the analysis period.

During the COVID-19 crisis period, several European companies have relocated their contracts from China, Pakistan and other eastern regions to locations closer to or within Europe such as Morocco, Turkey, Spain and Portugal. The trend is expected to continue in the post crisis period and the US companies are also likely to follow the same path and prefer non-Chinese partners, especially those based out of Mexico, Japan or Europe due to ongoing trade war and uncertain tariff scenario.

Efforts to promote eco-friendly techniques for textile printing in developing economies, especially in China and India, are driving digital textile printing in these economies.

Key Topics Covered:

I. METHODOLOGY

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II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Influencer Market Insights
  • World Market Trajectories
  • Textile Sector Remains Adversely Impacted
  • As Fashion Sector Slips on COVID-19 Ramp, More Challenges Ahead for Textiles Printing Industry
  • COVID-19 Unwinds & Accelerates Disruptive Changes within Textile Printing Industry
  • Digital Textile Printing Takes Wing in the Crisis Moment
  • Accelerated Shift toward On-Demand Printing
  • Water-based to Waterless Dyes
  • Textile Printing: A Prelude
  • Digital Textile Printing Vs Conventional Screen Printing
  • Comparison of Different Parameters for Conventional and Digital Printing
  • Outlook
  • Rise in Adoption of Digital Printing
  • Advantages of Digital Textile Printing
  • Screen Printing: What Does the Future Hold?
  • Asia-Pacific Spearheads Growth in Digital Textile Printing Market
  • Factors Hampering Growth
  • Recent Market Activity
  • World Brands

2. FOCUS ON SELECT PLAYERS (Total 126 Featured)

  • aeoon Technologies GmbH
  • AM Printex Solutions
  • ATPColor Srl
  • Bordeaux Digital PrintInk Ltd.
  • Dazian LLC
  • Durst Phototechnik SPA
  • Fisher Textiles, Inc.
  • Glen Raven, Inc.
  • Hollanders Printing Systems B.V.
  • Huntsman International LLC
  • JV Digital Printing
  • Mehler Texnologies GmbH

3. MARKET TRENDS & DRIVERS

  • Trends Influencing the Textile Printing Market
  • Textile Printing Industry Strives to become more Sustainable
  • Digital Printing Offers Short, Sustainable Production Runs
  • High Resource Efficiency
  • Eco-Friendly Printing Inks
  • Reactive Inks for Digital Textile Printing: Exciting Opportunities
  • Suitability of Reactive Inks for Digital Textile Printing
  • 3D Software and Digital Textile Printing Innovations Revolutionize Fashion Sampling
  • 3D and 4D Printing: Harbingers of New Design Trends
  • Recent Notable Digital Textile Printing Innovations
  • Technological Advancements Encourage Traditional Textile Manufacturers to Adopt Digital Textile Printing
  • Select Recent Product Developments
  • Demand Grows Significantly for On-Demand Digital Printing Platform
  • Room for More Innovation in Digital Textile Printing Technologies
  • High Speed Systems Transform Digital Printing Market
  • Fashion Industry Stimulates Adoption of Wide Format Textile Printers
  • Inkjet Textile Printing Market and Growth Opportunities
  • Digital Textile Printing in Home Textiles Market Expands Opportunities
  • Soft Signage: High-Growth Segment in Digital Textile Printing Market
  • Furniture Market Offers Strong Growth Potential for Digital Printing
  • Digital Printing, Artificial Intelligence and Personalized Clothing
  • Dye Sublimation Printing: Ideal for Soft Signage & Home Decor
  • Millennials: A Strong Influencing Demographic
  • E-Commerce Emerge as New Growth Driver
  • Through-Print Textile Printing : A Challenge for Digital Printers
  • Textile Printing and Ad Campaigns Drive Demand for Large Format Printers
  • Polyester: The Fabric of Choice for Digital Printing
  • Popularity of Fabrics Used in Various Markets
  • Assessing the Pros & Cons of DTF Printing & DTG Printing
  • Ink Chemistries Holds Key in Textile Printing Growth
  • Chemistry Requirements Encourage Development of Specialized Processing Equipment
  • Shift towards Eco-Friendly Inks
  • Green Printing Practices in Textile Printing
  • Expanding Clothing & Textile Needs of Ballooning World Population to Drive Demand
  • Rapid Pace of Urbanization to Drive Demand for Textile Materials
  • Rising Affluence of Middle Class Consumer Segment

4. GLOBAL MARKET PERSPECTIVE

III. REGIONAL MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/iegy2k

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Artificial Intelligence

ZTE highlights building solid foundations with full-stack intelligent computing solution at MWC Shanghai 2024

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SHANGHAI, June 26, 2024 /PRNewswire/ — ZTE Corporation (0763.HK / 000063.SZ), a global leading provider of integrated information and communication technology solutions, will present innovative solutions and success cases in connectivity, computing power, industrial digitalization, and terminal devices at MWC Shanghai 2024, committed to building solid foundations with its full-stack and full-scenario intelligent computing solution.

In addition to exhibitions, ZTE will participate in various forums, sharing insights on trending topics, including AI, 5G, digitalization, etc. Meanwhile, the company will be hosting a series of launch events, showcasing its AI-powered eyewear-free 3D products and the Nebula Telecom Large Model.
Adhering to its “connectivity + computing” strategy, ZTE aims to create a dynamic ecosystem with industry partners, emphasizing openness and decoupling. Through continuous innovation, ZTE seeks to unfold an intelligent future.
Computing Power: Full-Stack Intelligent Computing as Efficient Foundation
ZTE provides a full-stack and full-scenario intelligent computing solution involving computing power, networks, capabilities, intelligence, and applications. With a full series of servers, high-performance storage products, lossless networks, and green data centers, ZTE has created a robust engine for diverse intelligent computing centers.
Connectivity: A New Era of 10Gbps Experience
Together with industry partners, ZTE continues to explore innovations in 5G-A technologies across different scenarios and industries, and empowers diversified new B2B and B2C services based on 10Gbps+ experience. Meanwhile, ZTE is also leading in global OTN technologies, and actively driving the evolution of all-optical connectivity, building 10Gbps networks for cities, and empowering smart life based on intelligent computing.
Industry: Phygital Convergence for Innovative Development
ZTE proposes the solution of “intelligent computing infrastructure + Digital Nebula,” facilitating phygital innovation and boost productivity in the intelligent era. ZTE has developed hundreds of exemplary projects in key sectors and ZTE Digital Nebula 3.0 has become the “super brain” of industrial digitalization, enabling customers and industry partners to foster a sustainable and intelligent ecosystem.
ZTE Mobile Devices: AI Full-Scenario Intelligent Ecosystem 3.0
With “AI for All” product strategy, ZTE has launched a full range of AI devices, including smartphones, tablets, laptops, PCs, and mobile internet products, dedicated to building AI Full-Scenario Intelligent Ecosystem 3.0. Emerging as a pioneer in cloud PCs, ZTE possesses a global user base of over 3 million.
For more information about ZTE’s highlights at MWC Shanghai 2024, please visit: https://www.zte.com.cn/global/about/news/zte-highlights-building-solid-foundations-with-full-stack-intelligent-computing-solution-at-mwc-shanghai-2024.html
MEDIA INQUIRIES:
Email: [email protected]

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Comviva named a Visionary in the 2024 Gartner® Magic Quadrant™ for AI in CSP Customer and Business Operations Report

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NEW DELHI, June 26, 2024 /PRNewswire/ — Comviva, the global leader in customer experience and data monetization solutions, today announced that it has been named a Visionary in the 2024 Gartner Magic Quadrant for AI in CSPs Customer and Business Operations report.

Gartner defines the market of AI in communications service provider (CSP) customer and business operations as commercial off-the-shelf (COTS) products. They are either capabilities embedded in CSP-specific operational technology (OT) applications (such as channels, CRM and other business support system [BSS] applications) or industry-agnostic horizontal applications delivering AI/machine learning (ML)-based customer and business operations to CSPs. CSP customer and business operations refer to marketing, sales, customer acquisition, customer journey, billing and revenue management, revenue assurance, and related risk management. The scope of AI products covers data readiness, life cycle management of algorithms and their application to CSP customer and business operations.
Comviva’s vision is to revolutionize the telecommunications industry by harnessing the transformative power of AI and Generative AI. With AI use cases across its MobiLytix™ and BlueMarble solutions, Comviva is enabling businesses to create, manage, and deliver real-time personalization, contextualized customer experiences, and intelligence-driven commerce at scale. Comviva has been noted for its strength in content creation, natural language generation, decision intelligence and machine learning.
“To thrive in today’s digital economy, businesses must accelerate the adoption of AI and related digital technologies. Comviva’s greatest strength has been our intelligent platforms that deliver personalized experiences and engagement across the customer journey,” said Rajesh Chandiramani, CEO at Comviva. “We are excited by this recognition as we believe that this affirms our strategic direction and leadership in revolutionizing telecommunications with AI. Comviva’s strong position in the quadrant validates our commitment and progress toward leveraging next-gen technologies in our solutions to deliver exceptional customer experiences.”
Comviva integrates state-of-the-art AI technologies across its comprehensive product portfolio, driving innovation, enhancing customer experiences, and optimizing business operations for Communications Service Providers (CSPs) around the world.
Source: Gartner Magic Quadrant for AI in CSP Customer and Business Operations, by Pulkit Pandey, Amresh Nandan, Peter Liu, 4 June 2024.
GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally, MAGIC QUADRANT is a registered trademark of Gartner, Inc. and/or its affiliates and are used herein with permission. All rights reserved.
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Sundeep Mehta, +91()9910030732, [email protected] 
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Jacobi releases Model Portfolio Tech to help investment firms capitalise on booming opportunity

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The search for technology to support model portfolio management and portfolio construction services is increasing as companies look to centralise and scale their model portfolio management and compete in a rapidly growing market.
LONDON, June 26, 2024 /PRNewswire/ — The utilisation of model portfolios among financial advisers has emerged as a transformative force, with staggering growth in model portfolios projected to continue over the next decade. And with good reason, they offer an efficient method for diversification, risk management, and portfolio construction, with personalisation features to match the unique financial goals and risk tolerances of clients.

Financial advisers are also increasingly turning to asset managers for assistance in managing the model portfolios they build and maintain for clients. Jacobi’s model management technology enables asset managers to scale the portfolio construction services they offer financial professionals. The technology enables a platform that can centralise performance and risk analytics, integrate investment workflows, and produce professional reports to share with clients.
An early adopter of Jacobi’s model technology, leading asset manager T. Rowe Price has seen improved process efficiencies and enhanced engagement with clients.
Chris Augelli, Head of Advisor Engagement & Portfolio Construction Solutions at T. Rowe Price, says:
“Jacobi’s technology has enabled us to work faster and handle the increasing demand for our portfolio construction services. Having the team on one common platform through Jacobi has facilitated collaboration in real-time, which has supported our effectiveness in meeting clients’ needs.”
Tanya Bartolini, Chief Revenue Officer at Jacobi, says:
“Our technology helps us partner with asset managers such as T.Rowe Price to scale and connect workflows, driving enormous efficiencies – and ultimately increasing their market distribution.”
About Jacobi
Jacobi Inc. is a global investment technology provider that streamlines multi-asset investment processes and enables portfolio design, analysis, and client engagement. Its unique “open architecture” platform allows users to tailor the platform by integrating their own code, models, data, analytics, and applications.
Founded in 2014, Jacobi provides its technology to top-tier investors across the globe, including some of the world’s leading asset and wealth managers, pension funds, asset owners, and investment consultants. 
About T.Rowe Price 
Founded in 1937, T. Rowe Price helps people around the world achieve their long-term investment goals. As a large global asset management company known for investment excellence, retirement leadership, and independent proprietary research, the firm is built on a culture of integrity that puts client interests first. Investors rely on the award-winning firm for its retirement expertise and active management of equity, fixed income, alternatives, and multi-asset investments. T. Rowe Price manages $1.54 trillion in client assets as of May 31, 2024, and it serves millions of clients globally.
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