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Virtual Tuber (VTuber) Market Size to Grow USD 27590 Million by 2029 at a CAGR of 35.6% | Valuates Reports

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BANGALORE, India, March 6, 2024 /PRNewswire/ — VTuber Market is Segmented by Type (2D Vtuber, 3D Vtuber), by Application (Live Streaming & Performance, Digital Contents & Derivative).

The Global Vtuber (Virtual YouTuber) Market was valued at USD 4448 Million in 2022 and is anticipated to reach USD 27590 Million by 2029, witnessing a CAGR of 35.6% during the forecast period 2023-2029.

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Major factors driving the growth of Vtuber (Virtual YouTuber) Market

The VTuber business is expanding due to a number of important causes. First off, people can now more easily produce high-quality virtual avatars and material because of technological breakthroughs in motion capture and animation. A further factor drawing attention to the VTuber phenomenon is the growing popularity of virtual influencers and characters on social media platforms, which appeals to both consumers and producers.

Moreover, the capacity of VTubers to surpass geographical and linguistic obstacles, in addition to their popularity across a wide range of demographics, is propelling a rapid expansion in audience engagement and revenue prospects. Furthermore, by enabling business alliances and content production projects, brand-VTuber relationships and the rise of virtual talent agency and management firms are driving industry development.

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TRENDS INFLUENCING THE GROWTH OF THE GLOBAL VIRTUAL TUBER (VTUBER) MARKET

Thanks to developments in animation and motion capture technology, the VTuber industry is expanding quickly. With the use of these technologies, VTubers may produce incredibly lifelike and captivating virtual personas that captivate viewers. Advancements in motion tracking, face recognition, and animation software have enabled VTubers to produce realistic avatars that precisely replicate their gestures and facial expressions, therefore augmenting the immersive experience for spectators.

The VTuber industry is expanding as a result of the growing appeal of virtual entertainment platforms like augmented reality (AR) and virtual reality (VR). With the help of these platforms, VTubers have the rare chance to communicate and create immersive virtual experiences with viewers.

The market for VTuber has expanded significantly as a result of globalization and the ease with which information is accessible internationally. By utilizing internet channels and translation services, VTubers may reach a worldwide audience, in contrast to conventional performers who could encounter linguistic and cultural restrictions. As a result, VTubers may draw in viewers from a wide range of cultural and ethnic backgrounds, broadening their audience and potential market. The market’s expansion has been aided by the rise of online communities focused on VTuber content. As members interact with their favorite VTubers and other enthusiasts, these networks provide fans a feeling of community and connection. VTubers may build devoted fan communities through live broadcasts, fan gatherings, and social media channels, which increase viewing and income.

One major factor contributing to the market expansion has been the incorporation of VTuber content into well-known live streaming services. VTubers can reach big audiences on platforms like Twitch, YouTube, and Bilibili, and they can make money with a variety of monetization options including contributions, subscriptions, and virtual currency. VTubers may reach millions of people globally and establish long-lasting careers as digital entertainment by utilizing these channels.

Lastly, a larger societal movement towards digital engagement and virtual experiences is helping the VTuber industry. VTubers provide an innovative and captivating kind of online content as society grows more and more dependent on digital technology for communication and entertainment. Demand for VTuber content is being driven by this shift in culture as people look for new ways to interact with one another and explore virtual worlds.

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VTUBER MARKET SHARE ANALYSIS

Virtual YouTubers like AnyColor, Cover Group, Bilibili, Youtube, 774, Inc., and others are major global leaders in the industry.The top five players have about 17% share.

With a market share of over 74%, Asia-Pacific is the largest, followed by North America and Europe, with respective shares of 12% and 11%.

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Key Players:

Yuehua EntertainmentBilibiliYouTubeMIKAIAnyColorCover Group774, inc

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DISCOVER MORE INSIGHTS: EXPLORE SIMILAR REPORTS!

–  Virtual Youtuber Model Market

–  Online Virtual Youtuber Model market is projected to reach USD 964.3 Million in 2029, increasing from USD 485 Million in 2022, with a CAGR of 10.7% during the period of 2023 to 2029.

–  Video Live Streaming Solution market was valued at USD 1967 Million in 2023 and is anticipated to reach USD 6347.1 Million by 2030, witnessing a CAGR of 18.0% during the forecast period 2024-2030.

–  Live Streaming Video Platform Market revenue was USD 38310 Million in 2022 and is forecast to a readjusted size of USD 138400 Million by 2029 with a CAGR of 19.9% during the review period (2023-2029).

–  Live Streaming Pay-Per-View Market

–  Video Streaming Market

–  Live Streaming Video Platform Market

–  Video Streaming and Broadcasting Equipment Market

–  Online Video Platforms market size is projected to reach USD 3555.2 Million by 2027, from USD 1250.4 Million in 2020, at a Compound Annual Growth Rate (CAGR) of 16.1% during the forecast period 2021-2027.

–  The video on demand market was valued at USD 84.6 Billion in 2022, and is estimated to reach USD 387.5 Billion by 2032, growing at a CAGR of 16.7% from 2023 to 2032.

–  Video Distribution Solutions Market

–  Video Marketing Services market is projected to reach USD 1664.2 Million in 2029, increasing from USD 691 Million in 2022, with the CAGR of 15.2% during the period of 2023 to 2029.

–  Video Production Services market was valued at USD 32830 Million in 2022 and is anticipated to reach USD 53860 Million by 2029, witnessing a CAGR of 8.6% during the forecast period 2023-2029.

–  Enterprise Video Content Management market is projected to grow from USD 8798.6 Million in 2023 to USD 14350 Million by 2029, at a Compound Annual Growth Rate (CAGR) of 8.5% during the forecast period.

–  Video Content Creation Software Market

–  Digital Video Content market is projected to grow from USD 548090 Million in 2023 to USD 1096400 Million by 2029, at a Compound Annual Growth Rate (CAGR) of 12.3% during the forecast period.

–  Video-as-a-Service market size is expected to reach USD 5975.4 Million by 2029, growing at a CAGR of 25.8% from 2023 to 2029.

–  Video Services Market

–  SVoD Market

–  Live Game Streaming Market

–  Video Switchers for Live Streaming Market

–  Online Comic Reading Platform Market

–  Comic Book market size is estimated to be worth USD 12900 Million in 2022 and is forecast to a readjusted size of USD 23110 Million by 2028 with a CAGR of 10.2% during the forecast period 2022-2028.

–  Online Publishing Tool Market

–  The global Digital Publishing market size is projected to reach USD 226070 Million by 2028, from USD 104950 Million in 2021, at a CAGR of 11.4% during 2022-2028.

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Dana-Farber Cancer Institute Partners with Clinical.ly to Enhance Regulatory Operations with eReg Solutions

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NEW YORK, Sept. 19, 2024 /PRNewswire/ — The Dana-Farber Cancer Institute, a world leader in cancer treatment and research, chose Clinical.ly’s (www.clinical.ly) Research Suite™ to streamline regulatory operations, marking a significant step toward more efficient and compliant clinical trial management. Dana-Farber joins a growing number of research organizations that leverage Clinical.ly’s innovative solutions to streamline clinical trial processes. Clinical.ly’s eReg platform offers a comprehensive, paperless solution that centralizes regulatory workflows, ensuring compliance and transparency across clinical trials.

“We are thrilled to support Dana-Farber’s clinical research operations,” said Henry Kravchenko, Clinical.ly’s CEO.

This partnership continues Clinical.ly’s success in providing best-in-class enterprise tools for conducting clinical research. “We are thrilled to support Dana-Farber’s clinical research operations,” said Henry Kravchenko, Clinical.ly’s CEO. “Our eReg platform and wider set of features in Clinical.ly Research Suite™ will empower that renowned organization, and we all look forward to supporting their teams.”

About Clinical.ly Research Suite™ 

Clinical.ly Research Suite™ is a comprehensive solution that eliminates traditional, paper-based processes. By automating and centralizing essential workflows in the Clinical.ly Research Suite™, organizations achieve huge efficiency improvements, greater trial oversight, document management, and regulatory compliance. The Clinical.ly Research Suite™ includes:

eReg: A best-in-class electronic regulatory bindereSource: An intuitive & feature-rich, paperless data capture solution that streamlines data collection from trial participantseConsent: A fully digital solution for capturing informed consent, improving participant engagement and site complianceClinicallySign: 21 CFR Part 11 compliant eSignature functionalityClinicallyPay: A secure and instantaneous participant stipend payment and reimbursement solution

About Dana-Farber Cancer Institute

Founded in 1947, Dana-Farber Cancer Institute is committed to providing adults and children with the best treatment available today while developing tomorrow’s cures through cutting-edge research. Based in Boston, Dana-Farber is a teaching affiliate of Harvard Medical School and ranks consistently as one of the top cancer hospitals in the world.

About Clinical.ly

Clinical.ly provides differentiated, cloud-native technology solutions to the clinical research industry, enabling research organizations to conduct studies with greater efficiency and ease. Clinical.ly is dedicated to developing technology that eliminates tedious manual labor, allowing clinical research professionals to focus on patient care.

View original content to download multimedia:https://www.prnewswire.com/news-releases/dana-farber-cancer-institute-partners-with-clinically-to-enhance-regulatory-operations-with-ereg-solutions-302253690.html

SOURCE Clinical.ly

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Fall Into Creativity with the Monport Laser Fall Sale

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NEW YORK, Sept. 19, 2024 /PRNewswire/ — Experience laser innovation this Fall with Monport Laser, an industry frontrunner in laser engraving and cutting technology, with an exclusive Fall Sale offering incredible discounts and free accessories on a wide range of high-performance laser engraving machines. From September 19th to September 30th, customers can take advantage of this limited-time opportunity to elevate their laser engraving businesses with cutting-edge laser innovation at unbeatable prices.

Monport Laser has been dedicated to providing innovative and reliable laser machines that empower businesses and individuals to achieve their goals. With a focus on quality, precision, and customer satisfaction, Monport Laser has established itself as a trusted leader in the industry. Their commitment to excellence is evident in every laser they produce, ensuring exceptional performance, reliability, and value.

Embrace the Power of CO2 Laser Technology with Exclusive Offers

Monport Laser will offer two free accessories with selected CO2 laser machines during the Monport Fall sale. These versatile lasers are ideal for various applications, including engraving, cutting, and marking wood, acrylic, leather, and more. By taking advantage of this Fall sale, laser engraving businesses can enhance their productivity and expand their creative possibilities.

Experience Unmatched Value with Fiber Laser Discounts

Monport Laser offers substantial discounts of up to $4200 and 3 free accessories on selected models for those seeking the precision and speed of fiber laser technology. Fiber lasers are renowned for their ability to process metals with exceptional efficiency and accuracy, making them indispensable for metal fabrication, manufacturing, and jewelry production. Additionally, customers purchasing fiber lasers during the Fall sale will receive three free accessories, further sweetening the deal.

Elevate Your Desktop Laser Experience with a Free Water Chiller

Monport Laser is committed to providing comprehensive solutions for businesses of all sizes. As part of the Fall sale, customers who purchase the 40W Desktop laser will receive a Free Water Chiller Cw3000. This essential accessory ensures optimal cooling and performance, prolonging the lifespan of the laser and guaranteeing consistent results.

Discover Additional Savings on a Wide Range of Accessories

Monport Laser offers an additional 20% discount on selected accessories to complete your laser setup. From lenses and nozzles to rotary tables and smoke extraction systems, customers can find everything they need to maximize the potential of their laser machines.

Unleash Your Creativity and Productivity

Monport Laser’s Fall sale is the perfect opportunity to invest in laser technology that empowers your business or fuels your creative passions. With exceptional discounts and free accessories, you can acquire the ideal laser solution to meet your needs and budget.

Whether you’re an entrepreneur, artist, or manufacturer, Monport Laser’s advanced laser machines offer unparalleled precision, versatility, and reliability. Take advantage of this limited-time Fall sale and unlock your projects’ full potential for laser innovation.

About Monport Laser

Monport Laser is a global leader in designing, manufacturing, and distributing high-quality laser machines and accessories. With a commitment to innovation and customer satisfaction, Monport Laser provides cutting-edge solutions for various industries, including manufacturing, engraving, marking, and more.

For more information, visit monportlaser.com and follow them on social media for the latest updates.

Website: https://www.monportlaser.com/

 

 

 

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SOURCE Monport Laser

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MEDIA ADVISORY – Minister Wilkinson to Make a Critical Minerals Infrastructure Announcement

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VANCOUVER, BC, Sept. 19, 2024 /CNW/ – The Honourable Jonathan Wilkinson, Minister of Energy and Natural Resources, and Ranj Pillai, the Premier of Yukon, will make a funding announcement in support of critical minerals infrastructure projects. A media availability will follow.

Date: September 20, 2024

Time: 10:30 a.m. PT

All accredited media are asked to pre-register by emailing media@nrcan-rncan.gc.ca. A dial-in line is available for media and will be provided upon registration.

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SOURCE Natural Resources Canada

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