— Cutting-edge technology eradicates language barriers; Thailand, UK, Spain, and Malaysia to first reap the benefits of limitless communication.
LONDON and SINGAPORE and NEW YORK, April 22, 2024 /PRNewswire/ — Amidst the swift strides of globalization, LINKDOOD Technology Co., Ltd. today unveiled an innovative cross-lingual, real-time communication feature across Thailand, the UK, Spain, and Malaysia. This pioneering technology, driven by sophisticated artificial intelligence, facilitates instant translation across over 100 languages, offering a seamless, barrier-free communication solution globally and eradicating linguistic obstacles. 

“We are incredibly proud to launch this revolutionary feature, marking a significant milestone for LINKDOOD in the global communications realm,” stated Jackie Lin, Co-founder of LINKDOOD. “This tool not only removes language barriers but also ushers in unprecedented freedom in communication through real-time native language interactions. It is poised to significantly bolster global business operations and enhance cultural understanding and exchanges.”
Traditional instant messaging applications and standard translation tools often fall short in efficiency, particularly in multilingual settings, necessitating frequent app switching and cumbersome copy-pasting. LINKDOOD’s synchronous communication and translation capabilities elegantly address these issues, showcasing exceptional performance in cross-cultural romance, international business, and language learning, thereby markedly elevating convenience and fluidity of interactions.
Comparative Advantages Over Other Tools
Against conventional instant messaging apps like WhatsApp or WeChat, LINKDOOD offers substantial benefits in multilingual real-time communication, eliminating the need to toggle between applications to translate, thus significantly boosting usability. Moreover, unlike standalone translation apps such as Google Translator, LINKDOOD integrates a real-time native communication solution directly within its messaging framework, ideally suiting scenarios that demand instant responses.
Core Capabilities of LINKDOOD
Real-Time Translation with Communication: Supports a wide array of languages including but not limited to English, Chinese, Spanish, and Thai, facilitating real-time textual and vocal translations among users, ensuring a completely barrier-free exchange across diverse languages. This integration enhances the natural flow and efficiency of conversations significantly.Advanced Data Security and Privacy Protections: Implements private server deployment with end-to-end encryption of all data transmitted through Linkdood, safeguarding against data breaches and unauthorized access, thus offering more robust security than conventional public cloud-based social media platforms.AI-Enhanced Translation Accuracy: Employs cutting-edge artificial intelligence technologies, including natural language processing and machine learning, to deliver not just literal translations but also contextually accurate semantic interpretations, particularly excelling with technical jargon and industry-specific dialects.Practical Scenario
International Business Communications: As companies increasingly go global, effective cross-border business communications are crucial. LINKDOOD’s instant translation features allow for the instantaneous sharing of business documents, emails, and meeting discussions with international partners on a secure platform, significantly streamlining communication workflows.Cross-Cultural Romance and Friendship: In today’s globalized world, cross-cultural relationships are commonplace. LINKDOOD’s real-time translation capabilities enable effortless communication with potential partners worldwide, removing language as a barrier to forming deep connections.Language Learning: Enhancing personal global competitiveness through foreign language proficiency is more accessible with LINKDOOD’s real-time dialogue translation features, allowing learners to immediately apply their language skills and receive instant feedback from native speakers, thereby accelerating the learning process.Market Outlook: As cross-national communications become standard practice in the wake of intensified globalization, LINKDOOD’s newly launched feature meets critical market needs and sets new benchmarks in the efficiency, immediacy, and accuracy of international communications. It is anticipated to significantly foster international trade, educational collaborations, and cultural exchanges, further solidifying LINKDOOD’s competitive stance in the global market.
About LINKDOOD Technology Co., Ltd. Specializing in the development of secure instant communication platforms, LINKDOOD Technology Co., Ltd. leverages advanced AI technologies to address global communication barriers, offering high-efficiency, user-friendly, and secure solutions. This latest enhancement not only signifies a technological leap for LINKDOOD but also forecasts the firm’s proactive trajectory in the international arena.
Contact Information:
Email: [email protected] Website: https://www.linkdood.comWith its real-time multilingual translation and reinforced privacy measures, LINKDOOD promises users worldwide unparalleled communicative freedom and security in business, travel, or personal engagements. As AI technology evolves, LINKDOOD is set to persist as a frontrunner in the instant communication market, continually delivering superior, secure communication solutions globally.

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CHICAGO, April 22, 2024 /PRNewswire/ — The market for digital asset management (DAM) will be dominated by cloud-based solutions, AI integration for automated tagging and content recommendation, and an emphasis on compliance features, increased security, and content analytics. Other significant trends influencing the market’s evolution include integration with marketing technology, support for AR and VR content, and a focus on sustainability.

The Digital Asset Management Market is expected to grow from USD 5.3 billion in 2024 to USD 10.3 billion by 2029 at a Compound Annual Growth Rate (CAGR) of 14.0% during the forecast period, according to a new report by MarketsandMarkets™. The growing number of digital assets across industries will boost the growth of the Digital Asset Management Market during the forecast period.
Browse in-depth TOC on “Digital Asset Management Market”
254 – Tables 52 – Figures265 – Pages
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Scope of Report
Report Metrics
Details
Market Size Available For Years
2019–2029
Base Year Considered
2023
Forecast Period
2024–2029
Forecast Units
Value (USD Million/Billion)
Segments Covered
Offering, Business Function, Organization Size, and Vertical
Regions Covered
North America, Europe, Asia Pacific, Middle East & Africa, and Latin America
Companies Covered
Adobe (US), OpenText (Canada), Cognizant (US), Aprimo (US), Cloudinary (US), Bynder (Netherlands), Hyland (US), Acquia (US), Frontify (Switzerland), Veeva Systems (US), Sitecore (US), Esko (Belgium), Celum (Austria), Photoshelter (US), Wedia (France), Extensis (US), Orange Logic (US), Intelligence Bank (Australia), MarcomCentral, Filecamp, Brandfolder (US), Pickit (Sweden), MediaValet (Canada), and Storyteq (Netherlands).
By offering, the solutions segment will hold a larger market size during the forecast period.
Digital asset management (DAM) solutions are software platforms designed to centrally store, organize, manage, and distribute digital assets such as images, videos, documents, and creative files. These solutions provide organizations with efficient workflows for uploading, tagging, searching, and sharing digital assets, facilitating collaboration, and improving productivity across teams and departments. DAM platforms typically offer features such as metadata management, version control, rights management, automated workflows, and integration with other software systems. For instance, AI and ML are transforming DAM platforms by automating metadata tagging, content analysis, and search functionalities, improving efficiency and productivity. Blockchain technology is also gaining traction in DAM to address asset ownership, authenticity, and rights management issues. By leveraging blockchain, DAM platforms can provide immutable records of asset ownership and track usage rights, ensuring the integrity and provenance of digital assets.
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By vertical, the media & entertainment segment holds the largest market share during the forecast period.
The growing demand for video content in the media & entertainment industry drives the adoption of DAM solutions. DAM solutions have emerged as essential tools for streamlining workflows, enhancing collaboration, and maximizing the value of digital media assets. According to a report by Cisco, by 2024, global IP video traffic will account for 82% of all IP traffic. Moreover, DAM solutions facilitate collaboration among geographically dispersed teams. With team members spread across locations, a cloud-based DAM system enables seamless sharing and collaboration on scripts, storyboards, and audiovisual assets. According to a survey conducted by Canto, a DAM software provider, 94% of respondents reported that DAM solutions had improved their team’s efficiency and productivity. Furthermore, DAM solutions assist media organizations in managing rights and royalties associated with digital assets.
By Region, Asia Pacific will grow at the highest CAGR during the forecast period.
The Asia Pacific region is undergoing rapid digital transformation, with businesses across industries embracing digital technologies to drive growth and innovation. Emerging markets in Asia Pacific, such as India, China, and Southeast Asia, are witnessing rapid economic growth and technological advancement, driving increased adoption of DAM solutions among businesses seeking to capitalize on digital opportunities. Small and medium-sized enterprises (SMEs) in these markets increasingly invest in DAM solutions to improve operational efficiency and enhance brand visibility. Asia Pacific is home to a thriving media & entertainment industry, with the popularity of streaming services, social media platforms, and digital content consumption on the rise. Media companies, broadcasters, and content creators are leveraging DAM solutions to manage vast libraries of digital assets, streamline content production workflows, and deliver engaging experiences. For instance, Kakao Corporation, a leading South Korean technology company known for its messaging app KakaoTalk, utilizes DAM solutions to manage digital assets related to its various products and services. With millions of users accessing Kakao’s platforms daily, efficient content management is essential for delivering personalized experiences and maintaining user engagement. As businesses in the region continue to embrace digitalization and leverage digital assets to drive growth and innovation, DAM solutions will play an increasingly important role in enabling efficient content management and digital transformation across diverse sectors.
Top Key Companies in Digital Asset Management Market:
Some of the key players operating in the Digital Asset Management Market are – Adobe (US), OpenText (Canada), Cognizant (US), Aprimo (US), Cloudinary (US), Bynder (Netherlands), Hyland (US), Acquia (US), Frontify (Switzerland), Veeva Systems (US), Sitecore (US), Esko (Belgium), Celum (Austria), Photoshelter (US), Wedia (France), Extensis (US), Orange Logic (US), Intelligence Bank (Australia), MarcomCentral, Filecamp, Brandfolder (US), Pickit (Sweden), MediaValet (Canada), and Storyteq (Netherlands).
Recent Developments:
In March 2024, Bynder and Salsify announced a partnership to revolutionize collaboration between creative, digital, and commerce teams. Their joint efforts aim to deliver precise, comprehensive, and engaging product experiences. This partnership establishes a system of record to enhance content distribution across various channels and devices for the timely delivery of relevant content.In January 2024, Aprimo announced the launch of Aprimo AI, an artificial intelligence solution for the Digital Asset Management Market. The product accelerates content creation, enhances asset discoverability, automates asset management, and ensures brand governance.In June 2023, Adobe announced an enhancement to its Asset Experience Manager to simplify content updates for digital properties; this will empower users of all skill levels to create, edit, and publish content seamlessly using tools like Microsoft Word or Google Docs. Enhanced security controls have been introduced to ensure authorized users make changes. The latest offering expands access globally, enabling organizations to deliver personalized experiences faster.In January 2023, Cloudinary launched Cloudinary Nexus, an AI-enabled DAM solution for SMEs to assist teams in linking, exploring, and adapting assets and supporting business growth.In March 2021, Hyland announced the acquisition of Nuxeo. The acquisition brought the entire Nuxeo business, including its products and technology, under Hyland Nuxeo’s enterprise-grade DAM solution, which enhanced Hyland’s content services platform by adding robust capabilities.Inquire Before Buying@ https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=96538567
Digital Asset Management Market Advantages:
Organisations may effectively organise, manage, and access their media files, documents, and creative content from a single platform thanks to DAM systems, which offer centralised storage for digital assets.DAM platforms streamline workflows and increase productivity by allowing users to share, evaluate, and work together in real-time on digital materials. This promotes team collaboration.By giving users access to approved brand assets, templates, and guidelines, DAM solutions aid in maintaining brand consistency by guaranteeing that users throughout the company utilise the most recent, approved versions of assets in their communications and marketing materials.Strong search and metadata management features provided by DAM systems allow users to locate and retrieve digital assets fast using tags, keywords, and other metadata, which cuts down on search time and boosts productivity.In order to guarantee that users have access to the most recent versions and can follow the history of asset alterations, DAM solutions offer version control tools that allow users to track changes and revisions made to digital assets over time.DAM systems ensure compliance with copyright laws and licencing agreements and lower the risk of unauthorised use by providing rights management tools to manage usage rights, licences, and permissions connected with digital assets.Because DAM solutions are adaptable and scalable, they enable businesses to increase their digital asset libraries, meet expanding storage requirements, and keep up with evolving technology and business needs.DAM technologies save users time and effort by automating repetitive tasks and streamlining workflow procedures like file conversions, metadata tagging, and delivery.Report Objectives
To define, describe, and forecast the DAM market based on offerings, business functions, organization sizes, verticals, and regionsTo forecast the market size of the five major regional segments: North America, Europe, Asia Pacific, Middle East & Africa, and Latin AmericaTo strategically analyze the market subsegments concerning individual growth trends, prospects, and contributions to the total marketTo provide detailed information related to the significant factors influencing the growth of the market (drivers, restraints, opportunities, and challenges)To strategically analyze the macro and micromarkets1 concerning growth trends, prospects, and their contributions to the overall marketTo analyze the industry trends, patents and innovations, and pricing data related to the DAM market.To analyze the opportunities in the market for stakeholders and provide details of the competitive landscape for major players.To profile the key players in the market and comprehensively analyze their market share/ranking and core competencies across segments and subsegments.To track and analyze the competitive developments, such as mergers and acquisitions, product developments, and partnerships and collaborations in the market.Browse Adjacent Markets: Software and Services Market Research Reports & Consulting
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About MarketsandMarkets™
MarketsandMarkets™ has been recognized as one of America’s best management consulting firms by Forbes, as per their recent report.
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.
Earlier this year, we made a formal transformation into one of America’s best management consulting firms as per a survey conducted by Forbes.
The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the ‘GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies – helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.
Contact:
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CHICAGO, April 22, 2024 /PRNewswire/ — The 3D Printing market is projected to grow from USD 17.5 billion in 2024 and is estimated to reach USD 37.4 billion by 2029; it is expected to grow at a Compound Annual Growth Rate (CAGR) of 16.4% from 2024 to 2029 according to a new report by MarketsandMarkets™. The growth of the 3D Printing market is driven by ease in the advancement of customized products; reduction in manufacturing cost and process downtime; global government investment in 3D printing projects; availability of wide variety of industrial-grade 3D printing materials; complex part manufacturing in the aerospace & defense sector.

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Browse in-depth TOC on “3D Printing Market” 210 – Tables65 – Figures320 – Pages
3D Printing Market Report Scope:
Report Coverage
Details
Market Revenue in 2024
$ 17.5 billion
Estimated Value by 2029
$ 37.4 billion
Growth Rate
Poised to grow at a CAGR of 16.4%
Market Size Available for
2020–2029
Forecast Period
2024–2029
Forecast Units
Value (USD Million/Billion)
Report Coverage
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Segments Covered
By Offering, Technology, Process, Application, Vertical & Region
Geographies Covered
North America, Europe, Asia Pacific, and Rest of World
Key Market Challenge
Ensuring consistent quality of final 3D product with repeatable and stable production processes
Key Market Opportunities
Increasing demand for medical products and supplies in post-pandemic scenario
Key Market Drivers
Ease in the development of customized products
 
By offering, service segment is projected to grow at a high CAGR of 3D Printing market during the forecast period.
3D printing services have entirely revolutionized the manufacturing process in various industries. This growth is fueled by the transformative impact of 3D printing services on manufacturing across various industries. These services enable customers to customize designs, offering unprecedented flexibility in designing and manufacturing 3D printed parts and accelerating product development through efficient iteration management. Industries like dental, aerospace, civil and military aeronautics, and jewellery have already experienced a revolution in their manufacturing processes, leveraging 3D printing for streamlined production, enhanced design possibilities, and cost reduction. The on-demand nature of 3D printing services reduces costs associated with tools and fixtures by eliminating the need for large inventories and minimizing downtime. Additionally, 3D printed tools made from high-strength plastics are strong, lightweight, cost-effective, and drastically reduce replacement time from weeks to hours, optimizing manufacturing processes and overall operational efficiency for businesses embracing 3D printing services across diverse industry verticals.
Selective laser Sintering (SLS) segment in technology will account for highest CAGR during the forecast period.
Selective Laser Sintering involves a powder-based 3D printing method that integrates laser to fuse layers of material, creating a final part. The process begins by tracing the pattern of individual cross-sections of the 3D design onto a powder bed using the laser. Once the layer is formed, the build platform descends, and another layer is added on top, repeating until the part is complete. SLS is favored for functional applications requiring snap fits, living hinges, and mechanical joints due to its material range and platform sizes, making it suitable for producing robust products with strength and heat resistance directly. Notably, SLS stands out as a self-supporting additive manufacturing technology, eliminating the need for additional support structures and allowing for the creation of intricate geometries and monolithic assemblies. Its durability and capability to rival traditionally manufactured parts make it ideal for end-use applications in industries like automotive and aerospace. The technology’s ability to produce complex parts without expensive tooling or retooling translates into significant time and cost savings, especially for small-run parts and mass customization. Additionally, SLS facilitates the digital storage of designs, ensuring accessibility and readiness for production as needed, further enhancing its efficiency and applicability in various manufacturing contexts.
Powder Bed Fusion in process segment in 3D Printing market will account for the highest CAGR during the forecast period.
Powder bed fusion (PBF) stands out as a rapidly growing process within the 3D printing market, initially prevalent in 3D metal printers but expected to expand into 3D polymer printers in the near future. This method offers numerous advantages, including reduced material wastage and costs due to a superior buy-to-fly ratio, accelerated production development times, and the ability to swiftly prototype and produce low volumes. PBF’s strengths extend to creating functionally graded parts, enabling fully customized batches, eliminating fixed designs, and delivering superior resolution compared to other additive manufacturing techniques. Moreover, PBF facilitates the efficient recycling of un-melted powder and enables the joining diverse material grades like ceramics, glass, plastics, metals, and alloys, eliminating the need for machining fixtures. Its widespread industrial applications span medical sectors, where it customizes orthopedic components like titanium alloy cranial or acetabular implants to aerospace domains, such as producing GE9X engine fuel nozzles for Boeing 777 aircraft. Notably, the Boeing 777 incorporates 300 additively manufactured parts, showcasing PBF’s significance in aerospace innovation. Automotive leaders like Koenigsegg also leverage PBF across their manufacturing processes, utilizing it for rapid prototyping and creating metal parts like turbocharger housings, exhaust components, air ducts, and interior mirrors for production vehicles like the ‘One:1’ hypercar.
Functional Part Manufacturing in the application segment in the 3D Printing market will account for the highest CAGR during the forecast period.
Continuous advancements in 3D printing technology have propelled the capability of producing mechanically functional parts at high volumes, a domain traditionally dominated by conventional manufacturing methods. One key driver of this shift is the development of faster printing speeds and techniques. For instance, in November 2022, Wipro (India), as part of Wipro’s manufacturing initiative, launched its first indigenous industrial-grade 3D printer, the Wipro 3D F300-2. This printer, designed for educational institutes, industries, and R&D centers, featured automatic platform leveling, a magnetic print bed, a self-cleaning nozzle, and IoT-enabled remote monitoring. It catered to manufacturing functional parts with a wide range of industrial-grade materials, showcasing advancements in additive manufacturing capabilities.
Automotive in the vertical segment in 3D Printing market will account for the highest CAGR during the forecast period.
3D Printing has gained significant traction in the automotive industry, particularly for prototyping projects. 3D printing services offer rapid and cost-effective solutions for producing complex automotive prototype parts, facilitating iterative design and validation processes. This technology allows for the development of custom prototypes without complex tooling, supports iterative design changes, accommodates complex part geometries, enables on-demand production, offers material selection flexibility, and is cost-effective for low-volume manufacturing. Companies like Elite Mold & Engineering, a leading 3D printing specialist in Michigan, provide comprehensive services from prototyping to production, catering to the automotive sector’s evolving needs with streamlined solutions. Companies like BMW (Germany), Renault Group (France), and Porsche (Germany) are also actively using 3D printing for prototyping and exploring end-use part applications. For instance, in November 2023, BMW (Germany) integrated the Solukon SFP770 unpacking and cleaning station for 3D-printed plastic parts at its Additive Manufacturing Campus. This system combined necessary post-processing steps, streamlined prototyping workflows, and enabled efficient cleaning and finishing of SLS parts, supporting BMW’s automated additive manufacturing production line success for automotive parts. Ford uses HP’s 3D printing technology to reuse its 3D printed powders and parts and produce injection molded fuel-line clips for its Super Duty F-250 trucks. The reused materials deliver better chemical and moisture resistance, are lighter, and minimize the costs by 10% compared to the conventional fuel-line clips.
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Asia Pacific will account for the highest CAGR during the forecast period.
The Asia Pacific region is poised to experience rapid growth in the 3D printing industry, driven by a notable shift toward prototyping and advanced manufacturing using this technology. Government initiatives, coupled with robust research and development capabilities and foreign direct investment (FDI), have played a pivotal role in accelerating market growth. In China, technological advancements have spurred the adoption of 3D printing, with many companies replacing traditional manufacturing assembly lines with 3D printers. India has also witnessed substantial growth, supported by a strong knowledge base and government initiatives in manufacturing. Industry players in the region are actively developing ecosystems that support additive manufacturing and other advanced technologies. Countries like Singapore, Malaysia, Australia, and Vietnam are at the forefront of research and development, contributing to a robust ecosystem for 3D printing applications.
Key Players
Key companies operating in the 3D Printing companies are Stratasys (US), 3D Systems, Inc. (US), HP Development Company, L.P. (US), EOS GmbH (Germany), General Electric (US), Materialise NV (Belgium), Desktop Metal, Inc. (US), voxeljet AG (Germany), SLM Solutions (Germany), Renishaw plc. (UK).
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About MarketsandMarkets™
MarketsandMarkets™ has been recognized as one of America’s best management consulting firms by Forbes, as per their recent report.
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.
Earlier this year, we made a formal transformation into one of America’s best management consulting firms as per a survey conducted by Forbes.
The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the ‘GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies – helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.
Contact: Mr. Aashish MehraMarketsandMarkets™ INC. 630 Dundee RoadSuite 430Northbrook, IL 60062USA: +1-888-600-6441Email: [email protected] Our Web Site: https://www.marketsandmarkets.com/Research Insight: https://www.marketsandmarkets.com/ResearchInsight/3d-printing-market.aspContent Source: https://www.marketsandmarkets.com/PressReleases/3d-printing.asp
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