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E-Waste Recycling Market will Touch USD 99.67 Billion at a Whopping 16.2% CAGR by 2030 – Report by Market Research Future (MRFR)

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New York, US, April 21, 2022 (GLOBE NEWSWIRE) — Market Overview:
According to a comprehensive research report by Market Research Future (MRFR), “E-Waste Recycling Market information by Material, by Source and Region – forecast to 2030” market size to reach USD 99.67 billion, growing at a compound annual growth rate of 16.2% by 2030.

E-Waste Recycling Market Scope:
The use of AI in e-waste recycling will offer robust opportunities for the market over the forecast period. Because a wide range of dangerous materials that might pollute the atmosphere and impair health are not regularly monitored, electronic waste is one of the world’s fastest growing environmental challenges. Sensors connected to the Internet of Things (IoT) are used by waste management companies to track the state of waste bins around the region. Organizations can improve waste collection routes, timetables, and frequencies as a result of this. Artificial intelligence is used to scan waste or new things with cameras and appraise those using deep learning algorithms. AI can discern between items made of distinct materials as well as subtle differences between items made of the same substance, such as if an item has been chemically polluted, ensuring the cleanliness of the waste stream. For smart recycling and waste management, including AI into garbage sorting and disposal operations is a superior option. As a result, AI and a variety of sensors, including RFID tags, are employed. In the trash management industry, many intelligent dustbins incorporating AI programmes and Internet of Things (IoT) sensors have been developed.

Dominant Key Players on Electronic Waste Recycling Market Covered are:

  • Umicore SA
  • Quantum Lifecycle Partners (GEEP Inc.)
  • Enviro-Hub Holdings Ltd.
  • Stena Technoworld AB
  • Tetronics International Limited
  • Electronic Recyclers International Inc.
  • SIMS Limited
  • Aurubis AG
  • Boliden AB
  • Attero Recycling Pvt. Ltd.
  • Great Lakes Corporation
  • E-Parisaraa Private Limited
  • Greentec
  • Cleanaway
  • Veolia Environment SA

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Market USP Exclusively Encompassed:
Market Drivers
Rising Electronic Waste across the World to Boost Market Growth
The rising electronic waste across the world will boost market growth over the forecast period. Even as the lifespan of these goods has shrunk, the global industry for electronic trash recycling has grown dramatically in recent years. Policymakers face a new issue as more of these products end up in landfills and recycling facilities. The majority of people are completely unaware of the potentially hazardous repercussions of increased monitor, computer, and television usage. When these things are disposed of in landfills or destroyed, the toxic substances in them pose a health risk. Electrical goods that are incorrectly disposed of have the potential of harming the environment. Environmental toxins are expected to grow increasingly prominent as more e-waste is disposed of in landfills, increasing the risk of neurological disorders. Most electronic products have a limited lifespan—less than two years for computers and cell phones—which contribute to the growing e-waste problem. The majority of poor countries lack the waste removal infrastructure and technological capabilities required to safely dispose of hazardous waste. E-waste has been linked to a number of health risks in these countries.

Scarcity of E-Waste Collection Centers to act as Market Restraint
The scarcity of e-waste collection centers and lack of awareness in less developed countries may act as market restraints over the forecast period.

Lack of Regulatory Infrastructure to act as Market Challenge
The lack of regulatory and recycling infrastructure and high cost of recycling may act as market challenges over the forecast period.

Browse In-depth Market Research Report (199 Pages) on Electronic Waste Recycling Market: 
https://www.marketresearchfuture.com/reports/electronic-waste-recycling-market-2553   

Segmentation of Market Covered in the Research:
The global electronic waste recycling market has been bifurcated based on sources and material.

By material, metals will lead the market over the forecast period.

By source, household appliances will dominate the market over the forecast period.

Regional Analysis
APAC to Spearhead Electronic Waste Recycling Market
The APAC region will spearhead the electronic waste recycling market over the forecast period. New product developments for constant innovations and also constant fall in prices of electronic goods, increase in per capita income across several countries, increase in sales of electronic devices like computers, refrigerators, and mobile phones, increase in sales of electrical and electronic devices, hesitance to repair defective devices, dumping of e-waste from developed regions to developing countries like Pakistan, China, and India, rising environmental concerns, increasing electronic wastes, government efforts for electronic waste management in Japan and China, the presence of vast number of industry experts, immense technical knowledge, readily available workforce, and the implementation of several government policies are adding to the global electronic waste recycling market growth in the region.

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COVID-19 Impact on the Global Electronic Waste Recycling Market
With the implementation of required work-from-home rules by companies and businesses, there has been a growing adoption of laptops and mobile devices, reducing the use of office desktops and computers. As a result of this circumstance, a recycling option for these machines has emerged, which is expected to boost market growth throughout the forecast period.

Industry News
Nupur Recyclers, a global leader in metal scrap processing and recycling, is excited to help the country deal with its growing e-waste problem. The firm has been instrumental in bringing order to the largely fragmented recycling industry. It is currently looking to buy or partner with an e-waste management company in India, with the goal of deploying sustainable technology and investments to assist minimize the carbon footprint of outdated electrical gadgets.

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Electronic Toll Collection Market research report, by type (ETC, AET, transponders, ANPR), product (AVI, AVC), application (highways, urban), technology (RFID, DSRC, GPS/GNSS), by means of toll collection (Prepaid, postpaid) – Forecast till 2030

Electronic Article Surveillance System Market Research Report: Information by Type (Hard Tag, Soft Tag, Deactivator or Detacher and Detection System), by Application (Clothing and Fashion Accessory, Cosmetic/Pharmacy, Supermarket and Large Grocery, Automotive and Industrial) and by Region (North America, Europe, Asia-Pacific and the Rest of the World) – Forecast till 2027

Stretchable Electronics Market Research Report: By Component (Electroactive Polymer, Stretchable Batteries, Stretchable Conductor, Photovoltaics, Stretchable Circuit), By Applications (Consumer Electronics, Automotive, Aerospace & Defense, Healthcare and others), Region (North America, Europe, Asia-Pacific, Rest of the World) – Forecast till 2027

About Market Research Future:
Market Research Future (MRFR) is a global market research company that takes pride in its services, offering a complete and accurate analysis regarding diverse markets and consumers worldwide. Market Research Future has the distinguished objective of providing the optimal quality research and granular research to clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help answer your most important questions.

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Artificial Intelligence

Wirex Executive Joins CryptoUK’s New Policy Committee

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LONDON, May 21, 2024 /PRNewswire/ — Wirex, a leading Web3 money app, is proud to announce that Chet Shah, Global Chief Risk & Compliance Officer at Wirex, has joined CryptoUK’s newly established Policy Committee.

CryptoUK, the premier trade body representing the UK’s digital asset sector, formed its new Policy Committee which brings together industry-leading experts from the legal, regulatory, and compliance sectors. The committee’s mission is to provide strategic policy guidance, advocate for regulatory clarity, and foster innovation to support the growth of the UK’s digital assets industry.
This appointment underscores Wirex’s commitment to advancing regulatory clarity and innovation in the digital asset sector.
Chet brings a wealth of experience in risk and compliance. His background covers banking, auditing, and traditional finance, as well as solid expertise in the cryptocurrency space. At Wirex, Chet has been crucial in building and improving relationships with global regulators, including the Financial Conduct Authority, and authorities in countries including Singapore, Croatia, and Italy.
Chet’s approach prioritises commercially focused compliance and risk management, ensuring that Wirex operates smoothly at the intersection of traditional finance and Web3. His ability to balance regulatory requirements with innovation has been key to Wirex’s growth and success.
Commenting on his appointment, Chet said, “My experience aligns perfectly with the committee’s goals and together, we can advocate for policies that balance regulation with growth in the digital assets space.”
About Wirex 
Wirex is a prominent UK-based digital payments platform with over 6 million customers spread across 130 countries. It offers secure accounts, making it easy for users to store, purchase, and exchange multiple currencies seamlessly. As a principal member of both Visa and Mastercard, Wirex goes beyond traditional services, embracing the evolving trends of Web3 to provide mainstream access to digital finance and wealth management.
Having processed transactions totalling $20 billion, Wirex aims to contribute to the adoption of a cashless society by facilitating straightforward transactions in various currencies worldwide. Wirex is simplifying digital payments, making it more accessible and convenient for people across the globe.
| wirexapp.com |
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Artificial Intelligence

Media Production Company Egg Is Coming Chooses Infortrend SAN Storage to Empower Content Creation Workflows

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TAIPEI, May 21, 2024 /PRNewswire/ — Infortrend® Technology, Inc. (TWSE: 2495), the industry-leading enterprise storage provider, today announced that Korean media production company Egg is coming is leveraging Infortrend’s storage solution for M&E – EonStor DS enterprise SAN storage to empower content creation workflows and store the growing volume of UHD videos they produce.

Egg is coming is a media content production company operating as a spin-off from the South Korean entertainment giant CJ ENM Entertainment Division, the distributor of Oscar-winning movie “Parasite”. With the renowned producer Lee Myung-han as its CEO, Egg is coming specializes in production of popular entertainment content, including drama series, broadcast programs, music videos, etc. The team has successfully produced numerous renowned series, including “Hospital Playlist” which became the ninth highest-rated Korean drama in cable television history at the time.
As the company was established, they started looking for a high-speed shared storage solution. Infortrend’s EonStor DS SAN storage came highly recommended by a major media company that has been successfully using it with Tiger Technology’s SAN file sharing solution. Trusting this recommendation, Egg is coming adopted EonStor DS for video editing application. In total, four DS 4016 appliances, expanded with four units of JB 3060L expansion enclosure, were chosen for the initial deployment of the studio’s storage system. The solution provides 1.8 PB total capacity to store ever-expanding UHD video content and enables seamless workflows for 29 simultaneous post-production processes.
“Infortrend’s SAN storage EonStor DS was recommended to us by a major media production company, and we are happy that we adopted the same solution as DS enables fast and comfortable collaboration between 29 video editors,” – said Changmin Sim, the Team Leader of the Video Editing Team at Egg is coming.
Learn more about EonStor DS
About Infortrend
Infortrend (TWSE: 2495) has been developing and manufacturing storage solutions since 1993. With a strong emphasis on in-house design, testing, and manufacturing, Infortrend storage delivers performance and scalability with the latest standards, user friendly data services, personal after-sales support, and unrivaled value. For more information, please visit www.infortrend.com
Infortrend® and EonStor® are trademarks or registered trademarks of Infortrend Technology, Inc.; other trademarks are the property of their respective owners.

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Gcore And Xsolla Announce Partnership To Drive Global Game Distribution And Faster Downloads

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Gcore’s edge network to deliver Xsolla Launcher, ensuring global reach, smoother game downloads and higher conversion rates

LUXEMBOURG, May 21, 2024 May 21, 2024 — Gcore, the global edge AI, cloud, network, and security solutions provider, announced its partnership with video game commerce company Xsolla. The alliance will enable Xsolla to provide game developers and publishers with new global distribution channels catering to gamers worldwide, regardless of their locations. With Gcore’s 180 global points of presence (PoPs), players will benefit from reduced time-to-play and smoother, more efficient game downloads.
Xsolla Launcher is a powerful tool for game development companies of all sizes to widen distribution and easily build communities. It streamlines game installation, enhances player communication, and boosts monetization, allowing developers to concentrate on creativity and business logic. By leveraging Gcore’s robust CDN, Xsolla Launcher ensures seamless, speedy game downloads for all players by efficiently fetching and caching game components and initiating rapid downloads upon player request.
“At Xsolla, we’re committed to elevating the gaming experience for developers and players globally,” said David Stelzer, President of Xsolla. “Our collaboration with Gcore’s cutting-edge CDN technology significantly narrows the gap between the game and its players by delivering assets at unparalleled speed. This integration into our new Xsolla Launcher sets the bar for high-performance service and empowers our customers to focus on what they do best: create captivating games.”
Xsolla engineers chose Gcore CDN for its global network of 180+ edge servers, ensuring uninterrupted delivery of game assets worldwide. With a network capacity exceeding 110 Tbps and connectivity to 14,000 peering partners, Gcore averts congestion and disruptions, even during major releases. Operating under strict security measures and meticulous server maintenance, Gcore guarantees exceptional availability. Additionally, Gcore’s CDN integration with its proprietary DNS services further minimizes the risk of service interruptions or outages.
“We’re thrilled to be part of Xsolla’s pioneering solution, driving the gaming industry forward,” commented Ilya Matveev, Business Development Director at Gcore. “Xsolla Launcher brings flexibility to the industry, allowing companies to implement a D2C approach – a way to monetize their existing game fan base without the burden of platform fees. Relying on the power of Gcore’s edge infrastructure, Xsolla Launcher is revolutionizing game distribution by eliminating market barriers, reducing development costs, and fostering creativity.”
Read more about the partnership via this link.
About Gcore
Gcore is a global edge AI, cloud, network, and security solutions provider. Headquartered in Luxembourg, with a staff of 600 operating from ten offices worldwide, Gcore provides solutions to global leaders in numerous industries. Gcore manages its global IT infrastructure across six continents, with one of the best network performances in Europe, Africa, and LATAM due to the average response time of 30 ms worldwide. Gcore’s network consists of 180 points of presence worldwide in reliable Tier IV and Tier III data centers, with a total capacity exceeding 110 Tbps.Website | Twitter | Facebook | LinkedIn
About Xsolla 
Xsolla is a global video game commerce company with a robust and powerful set of tools and services designed specifically for the industry. Since its founding in 2005, Xsolla has helped thousands of game developers and publishers of all sizes fund, market, launch, and monetize their games globally and across multiple platforms. As an innovative leader in game commerce, Xsolla’s mission is to solve the inherent complexities of global distribution, marketing, and monetization to help our partners reach more geographies, generate more revenue, and create relationships with gamers worldwide. Headquartered and incorporated in Los Angeles, California, with offices in London, Berlin, Beijing, Guangzhou, Seoul, Tokyo, Kuala Lumpur, Raleigh, and cities around the world, Xsolla supports major gaming titles like Valve, Epic Games, Take-Two, KRAFTON, Nexters, NetEase, Playstudios, Playrix, miHoYo, and more.
Website | Twitter | Facebook | LinkedIn
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