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AI Technology Set to Reshape Stock Images & Videos Market, the Market is Projected to Worth $7.33 Billion by 2028 – Arizton

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ai-technology-set-to-reshape-stock-images-&-videos-market,-the-market-is-projected-to-worth-$7.33-billion-by-2028-–-arizton

CHICAGO, July 4, 2023 /PRNewswire/ — According to Arizton’s latest research report, the stock images and videos market will grow at a CAGR of 6.74% during 2022-2028.
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Browse In-Depth TOC on Stock Images and Videos Market  
122 – Tables  123 – Charts  474 – Pages 
The stock image market was in good shape in the mid-1990s. Good-quality photographs, stable stock photography prices, great demand, and limited supply made it a lucrative sector. However, the advent of the internet turned the market upside down. Customers and end-users began looking for ways to get these images at low prices for longer durations. The RF license thus made its way into the market. Synonymous with nearly unlimited usage, images that carried this license must be sold for fixed prices based on the file size. Subscriptions became the norm. Five years down the line, these libraries began shifting to the digital base, and the revenue growth was strong. Like every other high-profit-making industry, it invited solid competition. Many countermeasures were released in response to the competition, including bringing down royalty rates, offering micro-prices, and driving up sub-distribution agreements. This resulted in chaos, with the photography commission being thrown in a bind and aggregators and distributors taking up more revenue share. The rising penetration of animation production, a rapid shift to vertical formats, blockchain technology making inroads, social issues trumping mindless consumerism, increasing penetration of AI & ML in stock content, growth of platform integrations, and mobile stock losing its sheen are the growing trends in the stock images and videos market.
Stock Images and Videos Market Report Scope
Report Attributes
Details
Market Size (2028)
USD 7.33 Billion
Market Size (2022)
USD 4.96 Billion
CAGR (2022-2028)
6.74 %
Base Year
2022
Forecast Year
2023-2028
Market Segmentation
Product, Source, License, Application, End-user, and Geography
Geographic Analysis
North America, Europe, APAC, Latin America, and Middle East & Africa
Market Dynamics
 Growing E-Learning Industry Reinvention of Storytelling Improving Journalistic Value Growth of Digital Communities in Hyper-Connected Ecosystems Social Shows Sustain Buzz in Stock Content Growth of Content Automation & Personalization Consumer Behaviour & Authenticity 
 
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Recent Developments and Launches Of AI Platforms & Tools
In the stock image market, vendors increasingly introduce AI platforms and tools to enhance their offerings. These AI-powered solutions are designed to revolutionize the way customers search for and utilize stock images. By leveraging machine learning and computer vision algorithms, these platforms can analyze and understand the content of images, enabling more accurate and relevant search results.
In early 2023, Shutterstock launched a new AI image generator – Shutterstock Generate. This tool came out because of the partnership between Dall-E & Shutterstock. It is a text-to-image generator that utilizes the Dall-E model, specifically trained using Shutterstock’s content library. This unique approach ensures legal compliance and transparency throughout the image generation process. When users download the generated images through the app, they are licensed by Shutterstock, providing a reliable and authorized source for usage.
Microstock Market Gaining Huge Popularity, and Macrostock Market to Recover in the Upcoming Years
Microstock has recreated the industry demands and has found even more popularity during the pandemic. The rise of the World Wide Web brought a rush of new highly digital businesses that needed a strong online presence and marketing collateral for their offline efforts. These start-ups have largely been attributed to the success of this relatively new, stably growing online image market. However, the advent of microstock has led macrostock agencies to lose their customers to the former. While these heavy hitters have firmly grounded their revenues, accounting for the largest share of the market, their growth has slowed down comparatively in recent years.
Major agencies are currently swaying towards acquiring more crowd-sourced images to increase their authenticity and revenues. However, some players such as Stocksy, are betting on platform cooperatives, which aim to preserve the strength and integrity of the artist community for sustainable long-term growth. Compared to macrostock agencies, microstock is swift to act on innovation and adapt to new image technologies. From efforts gained at breaking new ground, such as the embed initiatives, to trailblazing partnerships with technology companies, social networks, publishing platforms, events, and the like, macrostock companies are on a roll. All of this, though, is an effort to bring the market back to its good days. For instance, Getty Images partnered with the Rugby Africa Gold Cup board to offer images of its competition to its customers.
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Competition in Stock Images and Videos Market is Intensifying Across the Globe
Getty Images, Visual China Group, Shutterstock, and Adobe Stock are the four major vendors that dominate the market. Several vendors in this market have a global presence, creating strong brand images for their products. In addition, several small and large vendors are altering the stock photography business with new approaches and models, such as making mobile a platform. With many of these vendors trying to cut costs due to the shrinking revenues, offering any service apart from the basic limits their growth. Several larger players have witnessed a decline in revenues over the last couple of years due to consolidation that devalued the market.
Getty Images is a leading vendor in the market. It works with hundreds of image partners, 200,000 contributors, and over 160,000 sports, news, and entertainment events.Visual China Group is another significant player in the market. The company has over 600 employees, serving over 15,000 media outlets, advertisers, and other organizations. It has hundreds of image partners and 14,000 contributors globally.Shutterstock is another large player in the market. It has about 1.8 million active paying customers, over 350,000 contributors, more than 9 million video clips, and 170 million images available for license.Adobe Stock is a significant player in the market, offering over 90 million assets.Key Company Profiles
Adobe StockGetty ImagesHanhua Yimei Visual TechnologyShutterstock123RFAgence France Presse (AFP)AFPagefotostockAlamyAP ImagesArtlistCan Stock PhotoCanvaCoinaphotoCreative MarketDeath to StockDepositphotosDissolveDreamstimeEast NewsEnvatoEyeEmFreepikFotosearchImagesBazaarMasterfileNewscomNHK VIDEO BANKPantherMediaPhotofolioPicfairPixtaPond5PR PhotosRedux PicturesStoryblocksStocksyStockUnlimitedThe Mega AgencyTHOMSON REUTERSWENNWestend61ZUMA PressMarket Segmentation
Product
Stock ImagesStock VideosSource
MacrostockMicrostockApplication
CommercialEditorialLicense
RMRFEnd-user
MarketersFilms & TV ProducersMedia & Publishing CompaniesBusiness & Individual CreatorsGeography
North AmericaThe USCanadaEuropeThe UKGermanyFranceSpainRussiaItalySwedenSwitzerlandBelgiumNetherlandsPolandTurkeyAPACChinaIndiaJapanAustraliaSouth KoreaIndonesiaTaiwanPhilippinesNew ZealandMalaysiaThailandMiddle East & AfricaUAESouth AfricaSaudi ArabiaEgyptNigeriaLatin AmericaBrazilMexicoArgentinaColombiaChilePeruCheck Out Some of the Latest Top-Selling Research Reports:
Stock Music Market – Global Outlook and Forecast 2023-2028Europe Events and Exhibitions Market – Industry Outlook & Forecast 2022-2027Editorial Images Market – Global Outlook and Forecast 2019-2024Holographic Imaging Market – Global Outlook and Forecast 2019-2024Table of Content
1 RESEARCH METHODOLOGY
2 RESEARCH OBJECTIVES
3 RESEARCH PROCESS
4 SCOPE & COVERAGE
4.1 MARKET DEFINITION
4.1.1 INCLUSIONS
4.1.2 EXCLUSIONS
4.1.3 MARKET ESTIMATION CAVEATS
4.2 BASE YEAR
4.3 SCOPE OF THE STUDY
4.3.1 MARKET SEGMENTATION BY PRODUCT
4.3.2 MARKET SEGMENTATION BY LICENSE
4.3.3 MARKET SEGMENTATION BY APPLICATION
4.3.4 MARKET SEGMENTATION BY SOURCE
4.3.5 MARKET SEGMENTATION BY END-USER
4.3.6 MARKET SEGMENTATION BY GEOGRAPHY
5 REPORT ASSUMPTIONS & CAVEATS
5.1 KEY CAVEATS
5.2 CURRENCY CONVERSION
5.3 MARKET DERIVATION
6 MARKET AT A GLANCE
7 PREMIUM INSIGHTS
7.1 MARKET DEFINITION
7.2 REPORT OVERVIEW
7.3 RECENT DEVELOPMENTS AND LAUNCHES OF AI PLATFORMS & TOOLS
7.4 RISK FACTORS IN MARKET
7.5 GLOBAL MEDIA LANDSCAPE
7.6 OPPORTUNITIES & CHALLENGE ANALYSIS
7.7 SEGMENT ANALYSIS
7.8 REGIONAL ANALYSIS
7.9 COMPETITIVE LANDSCAPE
7.10 FREQUENTLY ASKED QUESTIONS
8 INTRODUCTION
8.1 OVERVIEW
8.2 INTRODUCTION OF AI STOCK IMAGES MARKET
8.2.1 MARKET DYNAMICS
8.2.2 GROWTH OPPORTUNITIES FOR AI STOCK IMAGES
8.2.3 GEOGRAPHY ANALYSIS
8.2.4 RECENT DEVELOPMENTS AND LAUNCHES OF AI PLATFORMS & TOOLS
8.3 RISK FACTORS
8.4 GOVERNMENT REGULATIONS
8.5 KEY ELEMENTS IN STOCK IMAGES & VIDEOS MARKET
8.5.1 SALES & DISTRIBUTION CHANNEL
8.5.2 CONTENT CONTRIBUTING COMMUNITY
8.5.3 COMPETITION
8.5.4 MARKETING
8.6 GLOBAL DIGITAL VISUAL CONTENT MARKET
8.7 GLOBAL MEDIA LANDSCAPE
8.8 COVID-19 IMPACT ANALYSIS
8.8.1 CHANGING AGENCY MODELS
8.8.2 POST-COVID SCENARIO
8.9 FUTURE OUTLOOK
8.10 VALUE CHAIN
8.10.1 BUSINESS MODEL
9 MARKET OPPORTUNITIES & TRENDS
9.1 RISING PENETRATION OF ANIMATION PRODUCTION
9.2 RAPID SHIFT TO VERTICAL FORMATS
9.3 OTT PLATFORMS BOOSTING DEMAND FOR STOCK FOOTAGE
9.4 BLOCKCHAIN TECHNOLOGY MAKING INROADS
9.5 SOCIAL ISSUES TRUMP MINDLESS CONSUMERISM
9.6 INCREASING PENETRATION OF AI & ML IN STOCK CONTENT
9.7 POWERING UP VIA DISTRIBUTION DEALS
9.8 GROWTH OF PLATFORM INTEGRATIONS
9.9 MOBILE STOCK LOSING ITS SHEEN
9.10 DRONE-SHOT CONTENT IN VISUAL ARTS
10 MARKET GROWTH ENABLERS
10.1 GROWTH IN E-LEARNING INDUSTRY
10.2 REINVENTION OF STORYTELLING
10.3 IMPROVEMENT IN JOURNALISTIC VALUES
10.4 GROWTH OF DIGITAL COMMUNITIES IN HYPER-CONNECTED ECOSYSTEM
10.5 SOCIAL SHOWS SUSTAIN BUZZ IN STOCK CONTENT
10.6 GROWTH OF CONTENT AUTOMATION & PERSONALIZATION
10.7 CONSUMER BEHAVIOR & AUTHENTICITY
11 MARKET RESTRAINTS
11.1 SHIFT IN DIGITAL CULTURE
11.2 COPYRIGHT INFRINGEMENT & BREACH OF LICENSES
11.3 PROLIFERATION OF SHOPPABLE SOCIAL COMMERCE
11.4 GLUT OF IMAGES
11.5 UNSUSTAINABLE BUSINESS MODELS
11.6 USER-GENERATED CONTENT EATING INTO MARKET
11.7 AUDIO ECLIPSING VIDEO
12 MARKET LANDSCAPE
12.1 MARKET OVERVIEW
12.1.1 MERGERS & ACQUISITIONS AND RECENT DEVELOPMENTS
12.1.2 KEY INSIGHTS
12.2 PEST ANALYSIS
12.2.1 POLITICAL FACTORS
12.2.2 ECONOMIC FACTORS
12.2.3 SOCIAL FACTORS
12.2.4 TECHNOLOGICAL FACTORS
12.3 MARKET SIZE & FORECAST
12.4 MARKET BY PRODUCT
12.5 MARKET BY SOURCE
12.6 MARKET BY APPLICATION
12.7 MARKET BY LICENSE
12.8 MARKET BY END-USER
12.9 FIVE FORCES ANALYSIS
12.9.1 THREAT OF NEW ENTRANTS
12.9.2 BARGAINING POWER OF SUPPLIERS
12.9.3 BARGAINING POWER OF BUYERS
12.9.4 THREAT OF SUBSTITUTES
12.9.5 COMPETITIVE RIVALRY
13 PRODUCT
13.1 MARKET SNAPSHOT & GROWTH ENGINE
13.2 MARKET OVERVIEW
13.3 STOCK IMAGES
13.3.1 MARKET SIZE & FORECAST
13.3.2 MARKET BY GEOGRAPHY
13.4 STOCK VIDEOS
13.4.1 MARKET SIZE & FORECAST
13.4.2 MARKET BY GEOGRAPHY
14 SOURCE
14.1 MARKET SNAPSHOT & GROWTH ENGINE
14.2 MARKET OVERVIEW
14.3 MACROSTOCK
14.3.1 MARKET SIZE & FORECAST
14.3.2 IMAGES
14.3.3 VIDEOS
14.3.4 MARKET BY GEOGRAPHY
14.4 MICROSTOCK
14.4.1 MARKET SIZE & FORECAST
14.4.2 IMAGES
14.4.3 VIDEOS
14.4.4 MARKET BY GEOGRAPHY
15 APPLICATION
15.1 MARKET SNAPSHOT & GROWTH ENGINE
15.2 MARKET OVERVIEW
15.3 COMMERCIAL
15.3.1 MARKET SIZE & FORECAST
15.3.2 MARKET BY GEOGRAPHY
15.4 EDITORIAL
15.4.1 MARKET SIZE & FORECAST
15.4.2 MARKET BY GEOGRAPHY
16 LICENSE
16.1 MARKET SNAPSHOT & GROWTH ENGINE
16.2 MARKET OVERVIEW
16.3 RM
16.3.1 MARKET SIZE & FORECAST
16.3.2 IMAGES
16.3.3 VIDEOS
16.3.4 MARKET BY GEOGRAPHY
16.4 RF
16.4.1 MARKET SIZE & FORECAST
16.4.2 IMAGES
16.4.3 VIDEOS
16.4.4 MARKET BY GEOGRAPHY
17 END-USER
17.1 MARKET SNAPSHOT & GROWTH ENGINE
17.2 MARKET OVERVIEW
17.3 MARKETERS
17.3.1 MARKET SIZE & FORECAST
17.3.2 MARKET BY GEOGRAPHY
17.4 FILMS & TV PRODUCERS
17.4.1 MARKET SIZE & FORECAST
17.4.2 MARKET BY GEOGRAPHY
17.5 MEDIA & PUBLISHING COMPANIES
17.5.1 MARKET SIZE & FORECAST
17.5.2 MARKET BY GEOGRAPHY
17.6 BUSINESSES & INDIVIDUAL CREATORS
17.6.1 MARKET SIZE & FORECAST
17.6.2 MARKET BY GEOGRAPHY
18 GEOGRAPHY
18.1 MARKET SNAPSHOT & GROWTH ENGINE
18.2 GEOGRAPHIC OVERVIEW
19 NORTH AMERICA
19.1 MARKET OVERVIEW
19.1.1 IMAGES
19.1.2 VIDEOS
19.2 MARKET SIZE & FORECAST
19.2.1 PRODUCT: MARKET SIZE & FORECAST
19.2.2 SOURCE: MARKET SIZE & FORECAST
19.2.3 APPLICATION: MARKET SIZE & FORECAST
19.2.4 LICENSE: MARKET SIZE & FORECAST
19.2.5 END-USER: MARKET SIZE & FORECAST
19.3 KEY COUNTRIES
19.4 US
19.4.1 MARKET SIZE & FORECAST
19.4.2 IMAGES
19.4.3 VIDEOS
19.5 CANADA
19.5.1 MARKET SIZE & FORECAST
19.5.2 IMAGES
19.5.3 VIDEOS
20 EUROPE
20.1 MARKET OVERVIEW
20.1.1 IMAGES
20.1.2 VIDEOS
20.2 MARKET SIZE & FORECAST
20.2.1 PRODUCT: MARKET SIZE & FORECAST
20.2.2 SOURCE: MARKET SIZE & FORECAST
20.2.3 APPLICATION: MARKET SIZE & FORECAST
20.2.4 LICENSE: MARKET SIZE & FORECAST
20.2.5 END-USER: MARKET SIZE & FORECAST
20.3 KEY COUNTRIES
20.4 UK
20.4.1 MARKET SIZE & FORECAST
20.4.2 IMAGES
20.4.3 VIDEOS
20.5 GERMANY
20.5.1 MARKET SIZE & FORECAST
20.5.2 IMAGES
20.5.3 VIDEOS
20.6 FRANCE
20.6.1 MARKET SIZE & FORECAST
20.6.2 IMAGES
20.6.3 VIDEOS
20.7 SPAIN
20.7.1 MARKET SIZE & FORECAST
20.7.2 IMAGES
20.7.3 VIDEOS
20.8 RUSSIA
20.8.1 MARKET SIZE & FORECAST
20.8.2 IMAGES
20.8.3 VIDEOS
20.9 ITALY
20.9.1 MARKET SIZE & FORECAST
20.9.2 IMAGES
20.9.3 VIDEOS
20.10 SWEDEN
20.10.1 MARKET SIZE & FORECAST
20.10.2 IMAGES
20.10.3 VIDEOS
20.11 SWITZERLAND
20.11.1 MARKET SIZE & FORECAST
20.11.2 IMAGES
20.11.3 VIDEOS
20.12 BELGIUM
20.12.1 MARKET SIZE & FORECAST
20.12.2 IMAGES
20.12.3 VIDEOS
20.13 NETHERLANDS
20.13.1 MARKET SIZE & FORECAST
20.13.2 IMAGES
20.13.3 VIDEOS
20.14 POLAND
20.14.1 MARKET SIZE & FORECAST
20.14.2 IMAGES
20.14.3 VIDEOS
20.15 TURKEY
20.15.1 MARKET SIZE & FORECAST
20.15.2 IMAGES
20.15.3 VIDEOS
21 APAC
21.1 MARKET OVERVIEW
21.1.1 IMAGES
21.1.2 VIDEOS
21.2 MARKET SIZE & FORECAST
21.2.1 PRODUCT: MARKET SIZE & FORECAST
21.2.2 SOURCE: MARKET SIZE & FORECAST
21.2.3 APPLICATION: MARKET SIZE & FORECAST
21.2.4 LICENSE: MARKET SIZE & FORECAST
21.2.5 END-USER: MARKET SIZE & FORECAST
21.3 KEY COUNTRIES
21.4 CHINA
21.4.1 MARKET SIZE & FORECAST
21.4.2 IMAGES
21.4.3 VIDEOS
21.5 INDIA
21.5.1 MARKET SIZE & FORECAST
21.5.2 IMAGES
21.5.3 VIDEOS
21.6 JAPAN
21.6.1 MARKET SIZE & FORECAST
21.6.2 IMAGES
21.6.3 VIDEOS
21.7 AUSTRALIA
21.7.1 MARKET SIZE & FORECAST
21.7.2 IMAGES
21.7.3 VIDEOS
21.8 SOUTH KOREA
21.8.1 MARKET SIZE & FORECAST
21.8.2 IMAGES
21.8.3 VIDEOS
21.9 INDONESIA
21.9.1 MARKET SIZE & FORECAST
21.9.2 IMAGES
21.9.3 VIDEOS
21.10 TAIWAN
21.10.1 MARKET SIZE & FORECAST
21.10.2 IMAGES
21.10.3 VIDEOS
21.11 PHILIPPINES
21.11.1 MARKET SIZE & FORECAST
21.11.2 IMAGES
21.11.3 VIDEOS
21.12 NEW ZEALAND
21.12.1 MARKET SIZE & FORECAST
21.12.2 IMAGES
21.12.3 VIDEOS
21.13 MALAYSIA
21.13.1 MARKET SIZE & FORECAST
21.13.2 IMAGES
21.13.3 VIDEOS
21.14 THAILAND
21.14.1 MARKET SIZE & FORECAST
21.14.2 IMAGES
21.14.3 VIDEOS
22 MIDDLE EAST & AFRICA
22.1 MARKET OVERVIEW
22.1.1 IMAGES
22.1.2 VIDEOS
22.2 MARKET SIZE & FORECAST
22.2.1 PRODUCT: MARKET SIZE & FORECAST
22.2.2 SOURCE: MARKET SIZE & FORECAST
22.2.3 APPLICATION: MARKET SIZE & FORECAST
22.2.4 LICENSE: MARKET SIZE & FORECAST
22.2.5 END-USER: MARKET SIZE & FORECAST
22.3 KEY COUNTRIES
22.4 UAE
22.4.1 MARKET SIZE & FORECAST
22.4.2 IMAGES
22.4.3 VIDEOS
22.5 SOUTH AFRICA
22.5.1 MARKET SIZE & FORECAST
22.5.2 IMAGES
22.5.3 VIDEOS
22.6 SAUDI ARABIA
22.6.1 MARKET SIZE & FORECAST
22.6.2 IMAGES
22.6.3 VIDEOS
22.7 EGYPT
22.7.1 MARKET SIZE & FORECAST
22.7.2 IMAGES
22.7.3 VIDEOS
22.8 NIGERIA
22.8.1 MARKET SIZE & FORECAST
22.8.2 IMAGES
22.8.3 VIDEOS
23 LATIN AMERICA
23.1 MARKET OVERVIEW
23.1.1 IMAGES
23.1.2 VIDEOS
23.2 MARKET SIZE & FORECAST
23.2.1 PRODUCT: MARKET SIZE & FORECAST
23.2.2 SOURCE: MARKET SIZE & FORECAST
23.2.3 APPLICATION: MARKET SIZE & FORECAST
23.2.4 LICENSE: MARKET SIZE & FORECAST
23.2.5 END-USER: MARKET SIZE & FORECAST
23.3 KEY COUNTRIES
23.4 BRAZIL
23.4.1 MARKET SIZE & FORECAST
23.4.2 IMAGES
23.4.3 VIDEOS
23.5 MEXICO
23.5.1 MARKET SIZE & FORECAST
23.5.2 IMAGES
23.5.3 VIDEOS
23.6 ARGENTINA
23.6.1 MARKET SIZE & FORECAST
23.6.2 IMAGES
23.6.3 VIDEOS
23.7 COLOMBIA
23.7.1 MARKET SIZE & FORECAST
23.7.2 IMAGES
23.7.3 VIDEOS
23.8 CHILE
23.8.1 MARKET SIZE & FORECAST
23.8.2 IMAGES
23.8.3 VIDEOS
23.9 PERU
23.9.1 MARKET SIZE & FORECAST
23.9.2 IMAGES
23.9.3 VIDEOS
24 COMPETITIVE LANDSCAPE
24.1 COMPETITION OVERVIEW
24.2 MARKET RANKING & SHARES
25 KEY COMPANY PROFILES
25.1 ADOBE STOCK
25.1.1 BUSINESS OVERVIEW
25.1.2 PRODUCT OFFERINGS
25.1.3 KEY STRATEGIES
25.1.4 KEY STRENGTHS
25.1.5 KEY OPPORTUNITIES
25.2 GETTY IMAGES
25.3 HANHUA YIMEI VISUAL TECHNOLOGY
25.4 SHUTTERSTOCK
26 OTHER PROMINENT VENDORS
26.1 123RF
26.1.1 BUSINESS OVERVIEW
26.1.2 PRODUCT OFFERINGS
26.1.3 KEY STRENGTHS
26.1.4 KEY STRATEGIES
26.2 AGENCE FRANCE PRESSE (AFP)
26.3 AFP
26.4 AGEFOTOSTOCK
26.5 ALAMY
26.6 AP IMAGES
26.7 ARTLIST
26.8 CAN STOCK PHOTO
26.9 CANVA
26.10 COINAPHOTO
26.11 CREATIVE MARKET
26.12 DEATH TO STOCK
26.13 DEPOSITPHOTOS
26.14 DISSOLVE
26.15 DREAMSTIME
26.16 EAST NEWS
26.17 ENVANTO
26.18 EYEEM
26.19 FREEPIK
26.20 FOTOSEARCH
26.21 IMAGESBAZAAR
26.22 MASTERFILE
26.23 NEWSCOM
26.24 NHK VIDEO BANK
26.25 PANTHERMEDIA
26.26 PHOTOFOLIO
26.27 PICFAIR
26.28 PIXTA
26.29 POND5
26.30 PR PHOTOS
26.31 REDUX PICTURES
26.32 STORYBLOCKS
26.33 STOCKSY
26.34 STOCKUNLIMITED
26.35 THE MEGA AGENCY
26.36 THOMSON REUTERS
26.37 WENN
26.38 WESTEND61
26.39 ZUMA PRESS
27 REPORT SUMMARY
27.1 KEY TAKEAWAYS
27.2 STRATEGIC RECOMMENDATIONS
28 QUANTITATIVE SUMMARY
29 APPENDIX
29.1 ABBREVIATIONS
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Artificial Intelligence

WIO Taps Gracenote to Revolutionize Television Broadcast Reporting

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LOS ANGELES, May 11, 2024 /PRNewswire/ — WIO LLC, parent company of the global TV broadcast airings platform, WIOpro™, has announced a new strategic agreement with Gracenote, the global content data business unit of Nielsen, to address the longstanding challenge of accurately tracking and collecting music royalties generated by broadcast television and digital programming, With this agreement, WIO will integrate Gracenote TV program metadata and show airings into its WIOpro™ (“When’s It On – Professional”) platform enabling performance rights organizations, copyright management organizations and other entities to better monitor broadcast schedules and identify when royalties have been earned.

By integrating Gracenote historical program data into WIOpro’s new LookBack™ feature, WIO is enhancing its reporting capabilities and empowering Collection Societies, Rights Management Companies and the royalty-earning community to more easily monitor and export broadcast airings and better understand collections opportunities.
“At WIO, we are committed to empowering collection societies and copyright holders around the world with our platform tools and unprecedented access to the best and most accurate television broadcast and streaming data available,” said Shawn Pierce, Co-Founder and CEO of WIO LLC. “We have enjoyed an incredible relationship with Gracenote for 10 years. With the solidification of this agreement, we are able to deliver an unrivaled dataset to the royalty and residual community in a way that has not been offered before.” said Adam Shafron, Co-Founder and CTO of WIO LLC.
“WIO’s platform developed to solve the difficult matter of royalty tracking only becomes more powerful based on the integration of accurate, timely and comprehensive Gracenote metadata,” said Scott Monahan, Director, Strategic Partnerships, Gracenote. “We look forward to the combination of WIOpro’s technology and Gracenote’s program metadata delivering on the promise of transforming music royalty collection so that rights holders can be fairly compensated for use of their work.”
WIO and Gracenote will be at the MusicBiz 2024 conference in Nashville, TN May 13 – 16. Contact Dave Pelman, COO of WIO LLC at [email protected] for media queries or to book an appointment for a product demonstration.
About WIO:WIO is a technology company dedicated to providing broadcast television and digital programming data tailored specifically for the royalty and residual collection industry. Through its platform WIOpro (wiopro.com), users obtain access to real-time broadcast insights, reporting and curated data delivery.
About Gracenote:Gracenote is the content data business unit of Nielsen providing entertainment metadata, connected IDs and related offerings to the world’s leading creators, distributors and platforms. Gracenote enables advanced content navigation and discovery capabilities helping individuals easily connect to the TV shows, movies, music, podcasts and sports they love while delivering powerful content analytics making complex business decisions simpler.
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IDTechEx Explores Printed Electronics in Electrified and Autonomous Mobility

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BOSTON, May 10, 2024 /PRNewswire/ — Electrification, autonomy, and vehicle ownership saturation are causing a technological revolution in the automotive sector. These automotive meta-trends are driving drastic changes in electronic component requirements and present a high-volume opportunity for printed electronics to capitalize on.

Historically, printed electronics technologies have nurtured a close relationship with the automotive sector, with printed force sensors pioneering passenger safety through seat occupancy and seatbelt detection. As such, the automotive sector continues to represent the lion’s share of the global printed and flexible sensor market, which IDTechEx’s report on the topic evaluates as worth US$421M in 2024. However, if the automotive sector is to continue to be a reliable revenue stream, printed electronics technology providers must adapt to address the emerging technical challenges facing future mobility.
Augmenting autonomous vehicles with printed electronics
As vehicle autonomy levels advance, the increasing number and distribution of spatial mapping sensors required will need continuous performance improvements to ensure passenger safety. Emerging printed electronics technologies can augment these sensors, extending detection bandwidth and maximizing reliability during operation.
Transparent conductive films (TCFs) are being developed to heat and defog LiDAR sensor panels, ensuring the function is unperturbed by external environmental conditions. Properties such as high transparency and low haze are important for defogging. These properties can be easily tuned using the wide variety of material options available for TCFs, including carbon nanotubes and silver nanowires.
IDTechEx identifies printed heating as a leading application of transparent conductive films. This is attributed to diminishing growth prospects in capacitive touch sensing applications. Innovations in thin film coating techniques have enabled indium tin oxide (ITO) to dominate touch sensing applications, all but displacing TCFs completely.
Looking towards the future, printed electronics technologies could play a more active role in advanced autonomous driving. Emerging semiconductive materials, such as quantum dots, printed directly onto conventional silicon image sensor arrays can extend detection range and sensitivity deeper into the infrared region. Augmenting existing image sensor technology with enhanced spectral range could facilitate the competition of hybrid silicon sensors with established InGaAs detectors.
Printed sensors promise granularized battery health monitoring
Vehicle electrification is driving the sustained development and evolution of electronic management systems, particularly in the battery and electric drivetrain. A strong market pull exists for technologies that increase vehicle efficiency, range, and lifetime while reducing recharge times.
Printed pressure and temperature sensors measure battery cell swelling and thermal profiles, providing granularized physical data that can be used to optimize battery deployment and recharging. Moreover, hybrid printed sensors that combine integrated printed heating elements promise a solution to actively address battery temperature. IDTechEx estimates that printed sensor-enabled battery deployment and charging optimizations could be worth up to US$3000 in savings per vehicle.
There remains uncertainty about whether electrification trends will correspond to increased demand for physical sensors in electric vehicle batteries, owing to the utility of existing electronic readouts for managing deployment. Virtual sensors also pose a threat, where AI-enabled software models interpret data to predict and emulate physical sensor functions without the need for discreet components. However, emerging regulations regarding safety and sensor redundancy will likely favor measurable metrics and see automotive makers continue to adopt physical sensors. IDTechEx predicts that virtual sensors are unlikely to displace their physical counterparts – so long as low-cost sensors remain widely available.
Embedding printed electronics in the car of the future
IDTechEx predicts that global car sales will saturate over the next decade, with automakers increasingly looking for premium features and technical innovations to differentiate themselves from the competition. In-cabin technologies will be highly desirable – as the location where passengers reside and interact with the vehicle the most.
Lighting elements are emerging as a prominent differentiator, described as “the new chrome” by Volkswagen’s chief designer. The use of in-mold structural electronics (IMSE) enables the integration of embedded lighting elements using existing manufacturing processes. 3D electronics technologies are intrinsically attractive for automotive integration, as functional layers are conformable and lightweight while easily embedded within existing aesthetic elements.
Despite strong tailwinds, the adoption of in-mold electronics within automotive interiors has been sluggish. This is attributed to the challenges of meeting automotive qualification requirements, as well as stiff competition with less sophisticated alternatives such as applying functional films to thermoformed parts. Nevertheless, momentum is building, with technology providers like Tactotek partnering with Mercedes-Benz and Stallantis to progress the automotive validation of IMSE to TRL5.
Outlook for printed electronics in automotive applications
Just as printed force sensors heralded early passenger safety systems, printed electronics technology is poised to underpin next-generation innovations for the car of the future. But this time, the competition will be stiff. Critical cost requirements must be met, while desirable new functionality must address existing challenges faced by manufacturers. Printed electronics can play a role in supporting emerging electrified and autonomous mobility, such as augmenting LiDAR sensors or optimizing electric battery deployment. Demand for technologies that enhance passenger experience and vehicle aesthetics will continue to grow, and printed electronics can supply low-power, lightweight lighting solutions for these.
Sustained engagement from tier suppliers and manufacturers continues to make the automotive sector key to printed sensor market growth opportunities – a total market IDTechEx predicts will reach US$960M by 2034. Strong partnerships between material providers and printed electronics technology providers are complementary to those of the highly vertically integrated automotive value chains between tier suppliers and OEMs. Leveraging printing techniques to provide solutions that slot into existing manufacturing processes and designs will be crucial. In the medium term, the printed electronics technologies most likely to realize revenue potential are those that can adapt to service emerging challenges already known to the automotive industry.
For more information on IDTechEx’s research on this topic, please see their report, “Printed and Flexible Sensors 2024-2034: Technologies, Players, Markets”. Downloadable sample pages are available for this report.
For the full portfolio of printed and flexible electronics market research from IDTechEx, please visit www.IDTechEx.com/Research/PE.
About IDTechEx:
IDTechEx provides trusted independent research on emerging technologies and their markets. Since 1999, we have been helping our clients to understand new technologies, their supply chains, market requirements, opportunities and forecasts. For more information, contact [email protected] or visit www.IDTechEx.com. 
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Identity Threat Detection and Response (ITDR) Market worth $35.6 billion by 2029- Exclusive Report by MarketsandMarkets™

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CHICAGO, May 10, 2024 /PRNewswire/ — The growing need for identity-centric security solutions brought on by an increase in cyberattacks and regulatory compliance requirements will define the Identity Threat Detection and Response (ITDR) Market in the future. The growth of ITDR solutions towards more proactive and autonomous security operations is being shaped by several major trends, including integration with IAM platforms, use of AI and ML technologies, and emphasis on UEBA and Zero Trust security.

The global Identity Threat Detection and Response Market size is projected to grow from USD 12.8 billion in 2024 to USD 35.6 billion by 2029 at a Compound Annual Growth Rate (CAGR) of 22.6% during the forecast period, according to a new report by MarketsandMarkets™. The expansion of identity threat detection and response (ITDR) is propelled by the continuously evolving global threat landscape and combating threat-targeting identities and identity systems. ITDR provides response strategies ensuring the protection of sensitive and confidential data.
Browse in-depth TOC on “Identity Threat Detection and Response (ITDR) Market”
266 – Tables 48 – Figures273 – Pages
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Scope of the Report
Report Metrics
Details
Market size available for years
2022-2029
Base year considered
2023
Forecast period
2024-2029
Forecast units
Value (USD) Billion
Segments Covered
By offering deployment mode, organization size, vertical and region
Region covered
North America, Europe, Asia Pacific, Middle East and Africa, and Latin America
Companies covered
Microsoft (US), IBM (US), CrowdStrike (US), Zscaler (US), Tenable (US), Veronis (US), BeyondTrust (US), CyberArk (US), Proofpoint (US), Quest (US), Oort(US), Vectra (US), Proficio (US), Qomplx (US), Adaptive Shield (Israel), Acalvio (US), Authorize (Israel), Illusive (US), Mindfire (UAE), Rezonate (US), Semperis (US), Sentinelone (US), Silverfort (Israel), Netwrix (US), Vericlouds (US), Microminder (UK), Quorum Cyber (UK) and Mix mode (US). 
Governments worldwide increasingly emphasize the importance of robust identity threat detection and response (ITDR) solutions to counter growing cyber threats and safeguard critical infrastructure. Key initiatives include funding research and development grants, supporting startups through grants and incubator programs, and enforcing data privacy regulations like GDPR and CCPA. They also promote cybersecurity frameworks, critical infrastructure protection standards, and public awareness campaigns. Collaboration with the private sector, through partnerships and procurement policies, further drives ITDR market growth. These efforts underscore a global recognition of ITDR’s significance in enhancing digital security and compliance with industry regulations.
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By deployment mode, the cloud segment is expected to demonstrate the highest growth rate in the Identity Threat Detection and Response Market during the forecast period.
The Identity Threat Detection and Response (ITDR) Market is experiencing a notable shift towards cloud-based deployments, which are projected to dominate in the coming years. Cloud solutions offer various advantages, including scalability, reduced infrastructure costs, faster deployment, improved accessibility, and automatic updates. With businesses increasingly adopting cloud technologies and prioritizing agility and innovation, cloud-based ITDR solutions align well with this evolving landscape. The cybersecurity skills shortage further drives the preference for cloud solutions, given their built-in automation and ease of management. While on-premises ITDR solutions may still be favored in scenarios with stringent data security requirements, the overall trend favors cloud-based deployments due to their scalability, agility, and cost-effectiveness. Cloud providers continue to innovate and enhance their offerings, making them increasingly attractive to businesses of all sizes, ultimately shaping the dominance of cloud-based ITDR in the foreseeable future.
Based on organization size, the SMEs segment is projected to exhibit the highest growth rate at the highest CAGR during the forecast period.
The Identity Threat Detection and Response (ITDR) Market is set for significant growth, particularly among Small and Medium-Sized Enterprises, driven by several key factors. SMEs face increased vulnerability due to limited security resources, a growing reliance on digital tools, and evolving cyber threats. Heightened awareness of cyber risks and emerging data privacy regulations are pressuring SMEs to invest in ITDR solutions. The affordability and scalability of cloud-based ITDR solutions further contribute to SME adoption. These solutions offer improved threat detection, enhanced user access control, and simplified compliance management, positioning SMEs as pivotal drivers of growth in the ITDR market.
Asia Pacific is anticipated to experience substantial growth with the highest CAGR in the Identity Threat Detection and Response Market during the forecast period.
The Identity Threat Detection and Response (ITDR) Market is experiencing remarkable growth globally, particularly in the Asia-Pacific region, where it is projected to witness the highest Compound Annual Growth Rate. This surge is fueled by several factors specific to the area. APAC’s rapid digital transformation, propelled by adopting cloud computing, mobile technologies, and e-commerce platforms, creates an expanded attack surface for cyber threats. Heightened regulatory focus on data privacy regulations in countries like China, India, and Australia drives the demand for robust ITDR solutions to ensure compliance. The emergence of domestic cybersecurity vendors in APAC and the increasing adoption of cloud-based ITDR solutions contribute to market growth. Government initiatives, such as heavy investments in cybersecurity infrastructure and public-private partnerships, create a supportive environment for the ITDR market’s expansion. Despite facing challenges like a shortage of skilled cybersecurity professionals, the APAC region’s unique dynamics position it as a key driver of ITDR market growth. It is crucial in protecting critical infrastructure and businesses against cyber threats in the digital age.
Top Key Companies in Identity Threat Detection and Response (ITDR) Market:
The major players in the Identity Threat Detection and Response Market are Microsoft (US), IBM (US), CrowdStrike (US), Zscaler (US), Tenable (US), Veronis (US), BeyondTrust (US), CyberArk (US), Proofpoint (US), Quest (US), Oort(US), Vectra (US), Proficio (US), Qomplx (US), Adaptive Shield ( Israel), Acalvio (US), Authomize (Israel), Illusive (US), Mindfire (UAE), Rezonate (US), Semperis (US), Sentinelone (US), Silverfort (Israel), Netwrix (US), Vericlouds (US), Microminder (UK), Quorum Cyber (UK) and Mixmode (US).
Recent Developments
January 2024 – IBM collaborated with ASUS to enhance cybersecurity by utilizing AI-powered security technologies to detect and remediate attacks swiftly. IBM’s QRadar EDR will be integrated directly into ASUS’s business hardware, supported by MDR services from IBM.January 2024 – Aembit integrates its Workload IAM Platform with CrowdStrike Falcon for real-time security posture assessment, enabling dynamic access policy enforcement. This collaboration enhances ITDR capabilities, ensuring secure workload-to-workload access.October 2023 – BeyondTrust partnered with the AWS SaaS Factory team to build their Identity Security Insights solution as a SaaS offering on AWS. This collaboration helped BeyondTrust navigate business and technical decisions for a successful SaaS model launch.September 2023 – CyberArk collaborates with Accenture to deploy CyberArk Privilege Cloud to enhance PAM solutions. This initiative aims to bolster cybersecurity defenses by managing and monitoring privileged access, which is crucial for ITDR. The collaboration leverages CyberArk’s Identity Security Platform, enabling comprehensive security for identities across various IT environments, aligning with ITDR principles by securing access and mitigating risks associated with privileged accounts.July 2023 – Microsoft partnered with CISA by offering expanded cloud logging capabilities at no additional cost. This initiative directly supports ITDR by improving detection and response to identity-related threats, making it easier for organizations to maintain identity integrity and security through better visibility and monitoring of security incidents.Inquire Before Buying@ https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=259116012
Identity Threat Detection and Response (ITDR) Market Advantages: 
ITDR solutions assist avoid security breaches and data loss by enabling organisations to proactively detect and respond in real-time to identity-related threats such account takeovers, credential stuffing, and insider threats.ITDR solutions assist organisations in strengthening their security posture and safeguarding sensitive data and assets from unauthorised access and misuse by continually monitoring user activities, access patterns, and behaviour across digital channels and systems.Rapid incident response is made possible by ITDR systems, which immediately notify security teams of potentially dangerous activity and security issues. This allows the teams to quickly investigate and neutralise threats to minimise the damage to the organisation.By offering thorough visibility, audit trails, and reporting capabilities, ITDR solutions help enterprises comply with legal and regulatory requirements pertaining to identity and access management, data protection, and cybersecurity.ITDR systems with advanced analytics and machine learning capabilities help minimise noise and false positives, allowing security professionals to concentrate on real threats and efficiently prioritise their response efforts.Numerous ITDR systems come with easy-to-use dashboards and interfaces that give security teams the tools and knowledge they need to effectively monitor, assess, and address identity-related threats without the need for in-depth training or specialised knowledge.Organisations may take advantage of their investments and coordinate automated response activities throughout the security ecosystem by integrating ITDR solutions with pre-existing security technologies and systems like SIEM, IAM, CASB, and SOAR platforms.Report Objectives
To describe and forecast the global Identity Threat Detection and Response Market by offering, deployment mode, organization size, vertical, and regionTo forecast the market size of five central regions: North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin AmericaTo analyze the subsegments of the market concerning individual growth trends, prospects, and contributions to the overall marketTo provide detailed information related to significant factors (drivers, restraints, opportunities, and challenges) influencing the growth of the marketTo analyze the opportunities in the market for stakeholders and provide the competitive landscape details of major playersTo profile the key players of the Identity Threat Detection and Response Market and comprehensively analyze their market shares and core competenciesTo track and analyze competitive developments, such as Mergers and Acquisitions (M&A), new product developments, and partnerships and collaborations in the marketTo track and analyze the impact of COVID-19 on the Identity Threat Detection and Response MarketBrowse Adjacent Market: Information Security Market Research Reports & Consulting
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Physical Security Information Management Market- Global Forecast to 2029
Operational Technology Security Market- Global Forecast to 2029
Identity Verification Market- Global Forecast to 2028
Cloud Data Security Market- Global Forecast to 2027
Big Data Security Market- Global Forecast to 2026
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MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.
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