Connect with us
MARE BALTICUM Gaming & TECH Summit 2024

Artificial Intelligence

Global Packaged Croissant Market Size is Anticipated to Reach USD 13.7 Billion by 2030 with 5.5% CAGR Growth

Published

on

<!– Name:DistributionId Value:8826228 –> <!– Name:EnableQuoteCarouselOnPnr Value:False –> <!– Name:IcbCode Value:2791 –> <!– Name:CustomerId Value:1092386 –> <!– Name:HasMediaSnippet Value:false –> <!– Name:AnalyticsTrackingId Value:b7201c27-31c4-4b29-ac15-1df70da00404 –>

Houston, TX, April 26, 2023 (GLOBE NEWSWIRE) — Zion Market Research has published a new research report titled “Packaged Croissant Market By Product (Shelf-Stable And Frozen Croissants), By Distribution Channel (Online Retailers, Convenience Stores, Supermarkets, Independent Retailers, And Hypermarkets), And By Region – Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts 2023 – 2030” in its research database.

“According to the latest research study, the demand of global Packaged Croissant Market size & share in terms of revenue was valued at USD 8.9 billion in 2022 and it is expected to surpass around USD 13.7 billion mark by 2030, growing at a compound annual growth rate (CAGR) of approximately 5.5% during the forecast period 2023 to 2030.”

What is Packaged Croissant? How big is the Packaged Croissant Industry?

Report Overview:

Packaged croissants are a popular convenience food that can be found in grocery stores and supermarkets around the world. These croissants are typically pre-made and packaged in plastic wrapping, making them easy to store and transport. They come in a variety of flavors, including plain, chocolate-filled, and almond-filled. Packaged croissants can be enjoyed as a quick breakfast or snack, and are often served with coffee or tea. While some may argue that packaged croissants are not as fresh as those made from scratch, they offer a convenient option for busy individuals who do not have the time or resources to make croissants from scratch. Additionally, the packaging and portion control of packaged croissants can be helpful in maintaining a healthy diet and preventing food waste.

Get a Free Sample PDF of this Research Report for more Insights with a Table of Content, Research Methodology, and Graphs – https://www.zionmarketresearch.com/sample/packaged-croissant-market

(A free sample of this report is available upon request; please contact us for more information.)

Our Free Sample Report Consists of the Following:

  • Introduction, Overview, and in-depth industry analysis are all included in the 2023 updated report.
  • The COVID-19 Pandemic Outbreak Impact Analysis is included in the package
  • About 215+ Pages Research Report (Including Recent Research)
  • Provide detailed chapter-by-chapter guidance on Request
  • Updated Regional Analysis with Graphical Representation of Size, Share, and Trends for the Year 2023
  • Includes Tables and figures have been updated
  • The most recent version of the report includes the Top Market Players, their Business Strategies, Sales Volume, and Revenue Analysis
  • Zion Market Research research methodology

(Please note that the sample of this report has been modified to include the COVID-19 impact study prior to delivery.)

Global Packaged Croissant Market: Growth Factors

The global packaged croissant market has experienced significant growth in recent years due to several drivers and opportunities. The busy lifestyles of consumers have increased demand for convenient breakfast and snack options, leading to increased sales of packaged croissants. Additionally, the rise of coffee culture and the popularity of French cuisine have contributed to the growth of the market. However, there are also several challenges faced by the packaged croissant market. One challenge is the competition from other breakfast and snack options, such as muffins and energy bars.

Additionally, concerns over the health impacts of processed and packaged foods may deter some consumers from purchasing packaged croissants. The increasing demand for sustainable and eco-friendly packaging options also presents a challenge for companies in the packaged croissant industry. Despite these challenges, the packaged croissant market presents opportunities for innovation in flavor and packaging, and for companies to meet the evolving needs and preferences of consumers.

Directly Purchase a copy of the report with TOC @ https://www.zionmarketresearch.com/buynow/su/packaged-croissant-market

Report Scope

Report Attribute Details
Market Size in 2022 USD 8.9 billion
Projected Market Size in 2030 USD 13.7 billion
CAGR Growth Rate 5.5% CAGR
Base Year 2022
Forecast Years 2023-2030
Key Market Players Bauli, Lantmannen Unibake, Le Bon Croissant, General Mills, Grupo Bimbo, Upper Crust, San Giorgio Dolce&Salato, Fresh Snack, Vancouver Croissant, Crozzo, Mondelez International, Rademaker, French Bakery Co., Spanish Market d.o.o., Starbucks Coffee Company, Mak’Cik and Boulangerie Solignac among others.
Key Segment By Product, By Distribution Channel, And By Region
Major Regions Covered North America, Europe, Asia Pacific, Latin America, and the Middle East &, Africa
Purchase Options Request customized purchase options to meet your research needs. Explore purchase options

Packaged Croissant Market: Segmentation Analysis

The global packaged croissant market is bifurcated based on product, distribution channel, and region.

Based on product, the global market is segmented into shelf-stable and frozen croissants. The shelf-stable segment held the dominating market share in 2022 and is further projected to surge rapidly during the forecast period. The shelf-stable segment of the packaged croissant market has experienced steady growth in recent years. This is due to several factors, such as the increasing demand for convenience foods that can be stored for long periods without refrigeration. Shelf-stable croissants are typically packaged in airtight containers or bags to maintain their freshness and can last for several weeks or even months on the shelf. Furthermore, the growth of e-commerce and online grocery shopping has also contributed to the growth of the shelf-stable segment. Consumers can easily purchase and stock up on shelf-stable croissants, which can be delivered to their doorstep. This has also led to increased competition among companies, resulting in the introduction of new flavors and packaging options.

Based on distribution channel, the packaged croissant industry is bifurcated into online retailers, convenience stores, supermarkets, independent retailers, and hypermarkets. The online retailer segment is predicted to cite the highest CAGR during the forecast period. The online retailer segment of the packaged croissant market has seen significant growth in recent years due to the increasing popularity of online shopping and e-commerce. Online retailers offer convenience and accessibility to consumers who can easily purchase packaged croissants from the comfort of their homes or offices.

This segment has also experienced growth due to the availability of a wider variety of flavors and brands that may not be available in physical stores. Additionally, online retailers often offer discounts and promotions that attract price-sensitive consumers. Despite the growth of the online retailer segment, challenges such as the perceived lack of freshness and the difficulty of maintaining product quality during shipping and handling can be a concern for some consumers. However, companies in the market are addressing these challenges through innovative packaging and shipping methods to ensure that the croissants arrive at their destination fresh and ready to eat.

The global Packaged Croissant market is segmented as follows:

By Product

  • Shelf-Stable
  • Frozen Croissants

By Distribution Channel

  • Online Retailers
  • Convenience Stores
  • Supermarkets
  • Independent Retailers
  • Hypermarkets

Browse the full “Packaged Croissant Market By Product (Shelf-Stable And Frozen Croissants), By Distribution Channel (Online Retailers, Convenience Stores, Supermarkets, Independent Retailers, And Hypermarkets), And By Region – Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts 2023 – 2030”– Report at https://www.zionmarketresearch.com/report/packaged-croissant-market

Competitive Landscape

Some of the main competitors dominating the global Packaged Croissant market include – 

  • Bauli
  • Lantmannen Unibake
  • Le Bon Croissant
  • General Mills
  • Grupo Bimbo
  • Upper Crust
  • San Giorgio Dolce&Salato
  • Fresh Snack
  • Vancouver Croissant
  • Crozzo
  • Mondelez International
  • Rademaker
  • French Bakery Co.
  • Spanish Market d.o.o.
  • Starbucks Coffee Company
  • Mak’Cik and Boulangerie Solignac
  • Among Others.

Key Insights from Primary Research:

  • As per the analysis shared by our research analyst, the global packaged croissant market is estimated to grow annually at a CAGR of around 5.5% over the forecast period (2023-2030).
  • In terms of revenue, the global packaged croissant market size was valued at around USD 8.9 billion in 2022 and is projected to reach USD 13.7 billion, by 2030.
  • The growing disposable income and the increasing preference for convenience food are expected to drive packaged croissant industry growth over the forecast period.
  • Based on the product, the automatic segment is growing at the highest CAGR during the forecast period.
  • Based on the distribution channel, the pubs and nightclubs segment is expected to hold the largest market share during the forecast period.
  • Based on region, Europe is expected to dominate the market during the forecast period.

Have Any Query? Ask Our Experts: https://www.zionmarketresearch.com/inquiry/packaged-croissant-market

Key questions answered in this report:

  • What is the market size and growth rate forecast for Packaged Croissant industry?
  • What are the main driving factors propelling the Packaged Croissant Market forward?
  • What are the leading companies in the Packaged Croissant Industry?
  • What segments does the Packaged Croissant Market cover?
  • How can I receive a free copy of the Packaged Croissant Market sample report and company profiles?

Key Offerings:

  • Market Size & Forecast by Revenue | 2023−2030
  • Market Dynamics – Leading Trends, Growth Drivers, Restraints, and Investment Opportunities
  • Market Segmentation – A detailed analysis By Product, By Distribution Channel, And By Region
  • Competitive Landscape – Top Key Vendors and Other Prominent Vendors

Request for Customization on this Report as per your requirements – https://www.zionmarketresearch.com/custom/4595

(We tailor your report to meet your specific research requirements. Inquire with our sales team about customising your report.)

Regional Analysis:

The Europe region held the largest packaged croissant market share in 2022 and is further projected to grow exponentially during the forecast period. The packaged croissant market in Europe has seen significant growth in recent years due to several factors. The popularity of French cuisine, the rise of coffee culture, and the increasing demand for convenient breakfast & snack options have all contributed to the growth of the market. Additionally, the increasing availability of packaged croissants in supermarkets and convenience stores across Europe has made them more accessible to consumers.

Moreover, the COVID-19 pandemic has also boosted the growth of the packaged croissant industry in Europe. The pandemic led to an increase in at-home consumption, as people spent more time indoors and worked from home. This led to a surge in demand for packaged croissants as a quick and easy breakfast or snack option. The increasing focus on health and wellness has also led to the introduction of new packaging options that prioritize sustainability and eco-friendliness, attracting more environmentally-conscious consumers. The increasing availability of organic and gluten-free options has also contributed to the growth of the market. Overall, the packaged croissant market in Europe is expected to continue to grow in the coming years, driven by increasing consumer demand for convenience and the availability of new flavors and packaging options.

By Region

  • North America
    • U.S.
    • Canada
    • Rest of North America
  • Europe
    • France
    • UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Rest of Asia Pacific
  • The Middle East & Africa
    • Saudi Arabia
    • South Africa
    • Rest of the Middle East & Africa
  • Latin America
    • Brazil
    • Argentina
    • Rest of Latin America

Recent Developments

  • In 2021, H&S Bakery Inc., a US-based bakery company, introduced a new line of packaged croissants that are gluten-free and vegan-friendly. The croissants are made from organic ingredients and are free from artificial preservatives and additives. This development caters to the increasing demand for healthier and allergen-free options among consumers.
  • In 2020, General Mills, a US-based food company, launched a new range of packaged croissants under its Pillsbury brand. The new range includes chocolate-filled croissants, almond-filled croissants, and plain croissants. The croissants are made from high-quality ingredients and are free from artificial flavors and colors.
  • In 2019, Lantmännen Unibake, a Danish bakery company, introduced a new range of packaged croissants that are made from organic ingredients. The new range includes plain croissants, chocolate-filled croissants, and almond-filled croissants. The company also introduced a new packaging design that prioritizes sustainability and eco-friendliness.

To know an additional revised 2023 list of market players, request a brochure of the report: https://www.zionmarketresearch.com/requestbrochure/packaged-croissant-market

Opportunities in the Packaged Croissants Market

A lucrative opportunity has presented itself as a result of increased product launches and rising disposable income among the populace.

Over the course of the projected period, it is anticipated that the growth of the packaged croissant business will be driven by the rising discretionary income of the people. For example, the secondary research indicates that there was a 0.5 percentage point gain in the personal disposable income in the United States in February 2023 compared to the previous month. In addition, the growing number of new product launches in the field of packaged croissants is anticipated to present huge prospects for market advancement. Bridor, a French pastry manufacturer, extended the product diversity it offered in June 2022 by releasing four additional flavours of its new Mini Filled Croissants. This move was intended to appeal to a wider audience. The Mini Filled Croissants sold by Bridor are convenient options for breakfast as well as eating on the go. The mini size is perfect for sharing at home, as well as for breakfasts and seminars held in hotels.

Get Infographics @ https://www.zionmarketresearch.com/content/uploadedimages/global-packaged-croissant-market.png

FREQUENTLY ASKED QUESTIONS

  • What is a packaged croissant?
  • Which key factors will influence the packaged croissant market growth over 2023-2030?
  • What will be the value of the packaged croissant market during 2023-2030?
  • What will be the CAGR value of the packaged croissant market during 2023-2030?
  • Which region will contribute notably towards the packaged croissant market value?
  • Which are the major players leveraging the packaged croissant market growth?

Browse Other Related Research Reports from Zion Market Research:

Food Service Packaging Market by Material (Plastic, Metal and Others), by Type (Paper & Paperboard, Flexible Plastic, Rigid Plastic, Beverages Cans and Others), and by Application (Meat & Poultry, Beverages, Dairy Products, Fruits & Vegetables, Bakery & Confectionery and Others): Global Industry Perspective, Comprehensive Analysis and Forecast, 2017 – 2024: https://www.zionmarketresearch.com/report/food-service-packaging-market

Paper Packaging Material Market (Liquid Packaging Cartons, Corrugated Cases, Carton & Folding Boxes and Others) for Beverages, Fast Foods, Fresh Foods, Dairy & Bakery, Frozen Foods and Other Applications – Global Industry Perspective, Comprehensive Analysis, Size, Share, Growth, Segment, Trends and Forecast, 2015 – 2021: https://www.zionmarketresearch.com/report/paper-packaging-material-market

Retail Ready Packaging (RRP) Market by Type (Modified Cases, Plastic RRP, Die-Cut Display Boxes, Shrink-Wrapped Trays, and Others), by End-User (Beverage Industry, Food Industry, and Non-Food Industry): Global Industry Perspective, Comprehensive Analysis and Forecast, 2017 – 2024: https://www.zionmarketresearch.com/report/retail-ready-packaging-market

Confectionery Packaging Market by Material Type (Plastics, Paper & Paperboard, Aluminum, and Others), by Packaging Type (Rigid and Flexible), and by Application (Sugar Confectionery, Chocolate Confectionery, Premium Confectionery, Dairy Products, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018—2025: https://www.zionmarketresearch.com/report/confectionery-packaging-market

Food Packaging Market by Material (Paper & Board, Plastic, Glass, Metal, and Others), by Type (Rigid, Semi-Rigid, and Flexible), and by Application (Dairy Products, Bakery & Confectionery, Convenience Foods, Fruits & Vegetables, Meat, Fish, & Poultry, Sauces, Dressings, & Condiments, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025: https://www.zionmarketresearch.com/report/food-packaging-market

Mushroom Packaging Market by Application (Commercial and Household) and by End-User (Electronic, Furniture, Wine Shipper, Glassware, Automotive, and Residential): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025: https://www.zionmarketresearch.com/report/mushroom-packaging-market

Dairy Packaging Market – By Raw Material (Paper & Paperboard, Plastic, Metal, and Glass), By Application (Cheese, Milk, Yogurt, and Others), By Product (Flexible and Rigid), and By Region – Global Industry Perspective, Comprehensive Analysis, and Forecast, 2020 – 2026: https://www.zionmarketresearch.com/report/dairy-packaging-market

Milk Packaging Market – By Packaging Type (Bottles, Tubs & Cups, Pouches, Cans, and Others), By Material Type (Plastic, Glass, Paperboard, Metal, and Others), and By Region – Global Industry Perspective, Comprehensive Analysis, and Forecast, 2020 – 2026: https://www.zionmarketresearch.com/report/milk-packaging-market

Ready-to-Eat Food Packaging Market – by Product Type (Vegetable Based, Cereal Based, Meat/Poultry, and Others), by Packaging (Retort, Chilled or Frozen, Canned, and Others), by Distribution (Specialty Store, Departmental/Convenience Store, Hypermarket/Supermarket, Online Store, and Others) and by Region: Global Industry Perspective, Comprehensive Analysis, and Forecast 2020 – 2026: https://www.zionmarketresearch.com/report/ready-to-eat-food-packaging-market

Global Fresh Meat Packaging Market -By Material (BOPP, PE, EVOP, And Others), By Meat Type (Beef, Pork, Seafoods, And Poultry/Mutton), By Packaging Technology (Vacuum Thermoformed, Modified Atmosphere, And Vacuum Skin), And By Region- Global Industry Perspective, Comprehensive Analysis, and Forecast, 2019 – 2025: https://www.zionmarketresearch.com/report/fresh-meat-packaging-market

Packaged Food Market By Type (Breakfast Cereals, Baby Food, Yogurt, Non-Alcoholic Drinks, Cheese, Nuts, Potato Chips, Ice Creams, Soups, Pasta, Biscuits, Instant Noodles, Others): Global Industry Perspective, Comprehensive Analysis And Forecast, 2020 – 2026: https://www.zionmarketresearch.com/report/packaged-food-market

Green Packaging Market By Type (Reusable Packaging, Recycled Content Packaging, And Degradable Packaging), By Application (Personal Care, Food And Beverage, And Healthcare): Global Industry Perspective, Comprehensive Analysis And Forecast, 2020 – 2028: https://www.zionmarketresearch.com/report/green-packaging-market

Chilled Food Packaging Market By Type (Rigid Packaging, Flexible Packaging), By Application (Bakery And Confectionary, Fruits And Vegetables, Seafood And Poultry, Meat And Others): Global Industry Perspective, Comprehensive Analysis, And Forecast, 2020 – 2028: https://www.zionmarketresearch.com/report/chilled-food-packaging-market

Dairy Products Packaging Market By Raw Material (Plastic, Paper & Paperboard, Glass, Metal), By Product (Rigid, Flexible), By Application (Milk, Cheese, Yogurt, Others), And By Region – Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts 2022 – 2028: https://www.zionmarketresearch.com/report/dairy-products-packaging-market

About Zion Market Research:

Zion Market Research is a leading market research organization offering industry expertise and scrupulous consulting services to clients for their business development. The reports and services offered by Zion Market Research are used by prestigious academic institutions, start-ups, and companies globally to measure and understand the changing international and regional business backgrounds.

Our client’s/customer’s conviction on our solutions and services has pushed us in delivering always the best. Our advanced research solutions have helped them in appropriate decision-making and guidance for strategies to expand their business.

Follow Us on LinkedIn: https://www.linkedin.com/company/zion-market-research/

Follow Us on Twitter: https://twitter.com/zion_research

Follow Us on Facebook: https://www.facebook.com/zionmarketresearch

Follow Us on Pinterest: https://www.pinterest.com/zionmarketresearch/

Follow Us on YouTube: https://youtu.be/Y0Yfi7N8zSs

Contact Us:

Rushikesh Dorge

USA: +1 347 690-0211

United Kingdom: +44 2032 894158

Japan: +81 50 5806 9039

India: +91 7768 006 007

Web: https://www.zionmarketresearch.com/

Blog: https://zmrblog.com/

Still, Looking for More Information? OR Want Data for Inclusion in Magazine, Case Study, or Media?

Email Directly Here with Detail Information: [email protected]

GlobeNewswire is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.

Artificial Intelligence

Unlock an Exclusive Olympic Experience: Celebrating Live4Well’s Sold-Out Genesis NFT

Published

on

unlock-an-exclusive-olympic-experience:-celebrating-live4well’s-sold-out-genesis-nft

HONG KONG, May 25, 2024 /PRNewswire/ — The buzz surrounding Live4Well’s successful Genesis NFT membership launch on May 23 has captivated both traditional and web3 communities. Combining the power of AI technology and decentralized physical infrastructure (DePin) concept, Live4Well has infused new life into the NFT market. The overwhelming response to their first NFT sales, showcases the project’s immense potential. Renowned web3 community leaders from Azuki, Bored Ape, Pudgy Penguins, WELL3, etc have joined forces with Live4Well, propelling the Genesis NFT membership collection to its resounding success.

Live4Well aims to transform the wellness industry by creating a reward-based infrastructure that connects global fitness data, enhances their AI database, and drives the development of sports and wellness. Backed by a multi-billion family office, which recently invested $20 million in Live4Well, the project has gained support in both web3 and traditional spaces. The team believes that every drop of sweat and effort toward better health should be rewarded, fostering motivation and integrating exercise into daily lives for enhanced well-being.
Live4Well’s announcement of an Olympic-themed raffle for Genesis NFT holders reflects their commitment to connecting wellness between Web2 and Web3 platforms. This testament to Live4Well’s demand and innovative vision solidifies their position as a promising leader in the industry. Their integration of the Olympic signifies their determination to inspire a global audience, leveraging blockchain technology to create an immersive ecosystem that revolutionizes how individuals engage with fitness on a daily basis for better health. Live4Well’s dedication to bridging the gap between traditional practices and the digital landscape sets them apart as pioneers in promoting well-being on a global scale.
What is Genesis NFT membership?
The Genesis NFT unlocks a multitude of benefits for holders, including the opportunity to cash out their sportive income and access a range of exclusive physical products and services. In addition to future airdrops and angel round whitelist privileges, Genesis holders will receive VIP tailor-made product packs from an innovative German sportswear company, elevating their exercise performance to new heights. With over 400 million sweat points farmed by their users, they are eager to redeem through the Genesis NFT membership. These enticing incentives explain why there was a widespread eagerness to participate in this thrilling event.
Unlike typical projects that raise funds before launching products or services, Live4Well has already released its AI-powered app, amassing over 250,000 users as a community base actively engaging in daily exercise. This early success has fostered a promising community within the wellness industry, as users trust Live4Well’s roadmap and collaborative ventures. The growing traction from both ordinary individuals and web3 enthusiasts has intensified the demand for redeeming and cashing out sweat points, the project’s exercise-based rewards. Obtaining the Genesis NFT membership is now seen as an essential step for accessing the highest tier of benefits and cashing out sportive income.
What’s next for Live4Well?
Following the Genesis sales, Live4Well’s team will shift their focus to the upcoming token generation event (TGE) and a series of farming events. They also have exciting plans for partnerships and other collaborations in the global wellness and fitness industries. If you missed the initial launch, be sure to stay updated on Live4Well’s journey and join this extraordinary revolution.
Photo – https://mma.prnewswire.com/media/2421983/image.jpg
Photo – https://mma.prnewswire.com/media/2421640/Live4Well.jpg
Logo – https://mma.prnewswire.com/media/2421641/4725441/Live4Well.jpg
 
 

View original content:https://www.prnewswire.co.uk/news-releases/unlock-an-exclusive-olympic-experience-celebrating-live4wells-sold-out-genesis-nft-302155644.html

Continue Reading

Artificial Intelligence

Overseas Expansion Strategy of K-OTT Introduced in France, KOCCA holds the ‘2024 Korea-France Content Forum’

Published

on

overseas-expansion-strategy-of-k-ott-introduced-in-france,-kocca-holds-the-‘2024-korea-france-content-forum’

– The ‘Korea-France Content Forum’ held to establish the Foundation for K-OTT’s oversea expansion
PARIS, May 24, 2024 /PRNewswire/ — The Ministry of Culture, Sports and Tourism (Minister Yu In-chon) and the Korea Creative Content Agency (President, Jo Hyun-rae, hereafter KOCCA) held the ‘2024 Korea-France Content Forum’ on May 24th during the Korea Expo in Paris, France.

The ‘2024 Korea-France Content Forum’ featured a keynote session (K-OTT’s Strategies in Global market) presenting K-OTT’s strategies for international expansion and a roundtable session (Strategies in the Era of Streaming) discussing the growth of OTT platforms and collaborative approaches with production companies.
The forum featured participation from various industry leaders including Kun hee Park (CEO, Wavve Americas), Sangjin Lee (Head of content IP Business, LG U+), Seung ae Sohn (Executive Director, Showbox), Ji ae Sohn (Ambassador for Cultural Cooperation), Moonju Kim (General Director, France Business Center, KOCCA), Isabelle Degeorges (President, Gaumont Television France) which produced the French Netflix original series, participated.
Strategy announcement by Wavve Americas (KOCAWA), the first K-OTT’s launched in Europe
During the Keynote Session, Park Kun Hee – CEO of Wavve Americas, the first domestic OTT Platform to launch services in Europe, Took the stage to discuss the international expansion strategy of KOCOWA, which started offering services in 39 countries including Europe since April of this year. Following this, Lee Sangjin, Head of Content IP Business of LG U+, presented the expansion strategy of LG U+ Mobile TV, encompassing diverse original content.
During the round-table session, participants shared thoughts and solutions regarding the survival strategies of local OTT platforms and production companies amidst the rapid waves of change brought about by the emergence of global OTT platforms.
In particular, through this forum, we were able to observe the proactive implementation of IP protection policies by local production companies in France, aimed at sustainable content creation. Isabelle Degeorges, CEO of Gaumont Television France, noted, “With the introduction of the European Audiovisual Media Services Directive (AVMSD), platforms and production companies can share IPs three years after supplying the content.” Kim Moon-joo, Director of the Korea Creative Content Agency’s France Business Center, participated as a panelist, introducing policies aimed at enhancing the competitiveness of K-OTT and fostering collaboration with production companies.
Park Kun Hee, CEO of Wavve Americas, who participated in the event, stated, “It was a meaningful opportunity to introduce our platform locally in Europe in line with KOCOWA’s expansion into the region”. Additionally, Kyoungbon Koo, Director Broadcasting & Video Content Division at KOCCA commented, “It was a meaningful occasion to not only introduce K-OTT’s strategies to Europe but also to exchange ideas on collaboration between Korea and France. We will continue to focus on activating various forms of collaboration with major international partners in the future”.
KOCCA supports the overseas expansion of excellent domestic OTT content and platforms through the newly established Local OTT Specialized Support Program this year. This initiative aims to enhance the competitiveness of domestic OTT platforms and content by adapting to the changing industrial environment.
Photo – https://mma.prnewswire.com/media/2421769/Korea_France_Content_Forum_Photo.jpg 

View original content:https://www.prnewswire.co.uk/news-releases/overseas-expansion-strategy-of-k-ott-introduced-in-france-kocca-holds-the-2024-korea-france-content-forum-302155362.html

Continue Reading

Artificial Intelligence

IoT Node and Gateway Market worth $604.7 billion by 2029 – Exclusive Report by MarketsandMarkets™

Published

on

iot-node-and-gateway-market-worth-$604.7-billion-by-2029-–-exclusive-report-by-marketsandmarkets™

CHICAGO, May 24, 2024 /PRNewswire/ — The IoT Node and Gateway market is projected to grow from USD 424.6 billion in 2024 and is estimated to reach USD 604.7 billion by 2029; it is expected to grow at a Compound Annual Growth Rate (CAGR) of 7.3% from 2024 to 2029 according to a new report by MarketsandMarkets™. The growth of the IoT Node and Gateway market is driven by the Provision of increased IP address space through IPv6, Emergence of 5G technology, and Increasing need for data centers.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=248007097
Browse in-depth TOC on “IoT Node and Gateway Market”
410 – Tables70 – Figures390 – Pages
IoT Node and Gateway Market Report Scope:
Report Coverage
Details
Market Revenue in 2024
$ 424.6 billion
Estimated Value by 2029
$ 604.7 billion
Growth Rate
Poised to grow at a CAGR of 7.3%
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 Hardware, End-use Application and Region
Geographies Covered
North America, Europe, Asia Pacific, and Rest of World
Key Market Challenge
Requirement for wireless spectrum and licensed spectrum
Key Market Opportunities
Accelerated IoT adoption in healthcare sector
Key Market Drivers
Rising use of wireless smart sensors and networks
By Hardware, the Logic Devices are projected to grow at a high CAGR of IoT Node and Gateway market during the forecast period.
Logic devices can adapt to changing requirements even after deployment. As new features or functionalities are needed, the logic within the device can be reprogrammed to accommodate these changes, extending the useful life of the product and reducing the need for hardware revisions. The integration of FPGA technology into IoT devices further enhances these advantages. The integration of FPGAs into IoT nodes and gateways empowers manufacturers to develop highly optimized, customizable, and scalable solutions that meet the diverse needs of IoT applications. Tesla’s Full Self-Driving (FSD) computer utilizes FPGAs to handle complex neural network computations for autonomous driving algorithms. This allows them to potentially improve their FSD capabilities through software updates that reconfigure the logic within the FPGAs.
BFSI segment in IoT Node and Gateway Market is projected to grow at a highest CAGR during the forecast period.
BFSI sector can use IoT technology to provide more convenient solutions for customers. IoT can be used to perform data collection in real time and for instant communication between devices. For instance, it can facilitate cashless payments using an RFID scanner to identify products in the shopping cart and mobile wallet. The adoption of mobile point of sale (mPOS) systems and kiosks is fundamentally reshaping the landscape of the BFSI market. mPOS facilitates transactions anytime, anywhere, benefiting unbanked populations and enabling temporary service points for events. Kiosks offer convenient banking functionalities, reducing wait times and freeing up staff for complex inquiries. These technologies drive cost savings by requiring less investment and automating routine tasks, allowing resources to be reallocated strategically. They provide rich data for personalized services, fraud detection, and operational optimization. mPOS systems and kiosks promote financial inclusion by extending services to remote areas, fostering economic activity and well-being.
Inquiry Before Buying: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=248007097
North America accounts for the largest share in IoT Node and Gateway Industry.
The North American IoT market is poised to grow, driven by government efforts to transition cities into smart urban centers. The growing need for sophisticated IoT solutions, fueled by the widespread availability of high-speed data, will further propel market expansion in this region. Furthermore, North America’s dynamic IoT node and gateway ecosystem features established players like Intel Corporation (US), Texas Instruments Incorporated (US), Dell (US), and Cisco Systems (US), driving competition, innovation, and affordability. Increasing research and development at industry levels is broadening the application areas of IoT in various industries, such as retail, consumer electronics, automotive and transportation, and healthcare, especially in the US. The increased demand for effective solutions and focus on early, accurate, and fast diagnosis of diseases has led to huge investments in technological developments in the healthcare sector.
Key Players
Key companies operating in the IoT Node and Gateway companies are Intel Corporation (US), Qualcomm Technologies, Inc. (US), Texas Instruments Incorporated (US), STMicroelectronics (Switzerland), Microchip Technology Inc. (US), Huawei Technologies Co., Ltd. (China), NXP Semiconductors N.V. (Netherlands), Cisco Systems, Inc. (US), Hewlett Packard Enterprise Development LP (US), TE Connectivity Ltd (Switzerland), Advantech Co., Ltd. (Taiwan), Dell Technologies (US), among others.
Get 10% Free Customization on this Report: https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=248007097
Browse Adjacent Market: Semiconductor and Electronics Market Research Reports &Consulting
Related Reports: 
IoT Technology Market by Node Component (Sensor, Memory Device, Connectivity IC, Processor, Logic Devices), Software Solution (Remote Monitoring, Data Management), Platform, Service, End-use Application, Geography – Global Forecast to 2029
Industrial IoT Market Size, Share & Industry Growth Analysis Report by Device & Technology, Connectivity Type, Software, Vertical (Manufacturing, Energy, Oil & Gas, Healthcare, Retail, Transportation, Metals & Mining, Agriculture), and Geography – Global Growth Driver and Industry Forecast to 2026
Internet of Robotic Things Market (IoRT) by Component (Sensor, Power, Control), Service (Professional, Managed), Platform (Device, Application, Network), Software (Analytics, Data, Security, Monitoring, Bandwidth), Application – Global Forecast to 2022
MulteFire Market by Device (Small Cells, Switches, Controllers), Application (Industrial Manufacturing, Commercial, Transportation, Public Venues, Healthcare, Oil & Gas and Mining, Power Generation, Hospitality), and Geography – Global forecast 2025
Smart Robots Market Size, Share by Component (Sensors, Actuators, Control Systems), Type, Operating Environment, Mobility, Application (Domestic, Field/Agricultural, Public Relations, Industrial), and Region – Global Forecast to 2025
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/iot-gateway-market.aspContent Source: https://www.marketsandmarkets.com/PressReleases/iot-gateway.asp
Logo: https://mma.prnewswire.com/media/1951202/4609423/MarketsandMarkets.jpg
 

View original content:https://www.prnewswire.co.uk/news-releases/iot-node-and-gateway-market-worth-604-7-billion-by-2029—exclusive-report-by-marketsandmarkets-302155034.html

Continue Reading
Advertisement
Advertisement

Latest News

Trending