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Gacha Games Market Size to Grow USD 781.5 Million by 2030 at a CAGR of 8.5% | Valuates Reports

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BANGALORE, India, June 14, 2024 /PRNewswire/ — Gacha Games Market is Segmented by Type (Card Games, RPG Games), by Application (Android, IOs).

The Global Gacha Games market was valued at USD 452 Million in 2023 and is anticipated to reach USD 781.5 Million by 2030, witnessing a CAGR of 8.5% during the forecast period 2024-2030.

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Major Factors Driving the Growth of Gacha Games Market:

Due to the unique monetization model that gacha games offer and the growing popularity of mobile gaming, the gacha games market is growing quickly. These games’ captivating dynamics and the thrill of chance-based prizes draw in a sizable player base. The proliferation of smartphones and high-speed internet has simplified the process for consumers to access gacha games across the globe. In addition, the incorporation of well-known media properties and the ongoing production of fresh material maintain player interest and support long-term market expansion.

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TRENDS INFLUENCING THE GROWTH OF THE GACHA GAMES MARKET:

By combining captivating storytelling with captivating collection mechanics, RPG games on Android apps are substantially propelling the growth of the Gacha games market. Rich storytelling, character development, and strategic gameplay draw a wide audience to these games. Gacha components, which incentivize players to spend money on rare and powerful characters or things, further improve these features. The player base is kept interested and ready to spend money on microtransactions by the frequent updates, partnerships, and events, which increases income generating. The lucrative Gacha system combined with engrossing RPG aspects has caused a spike in popularity and profitability, which is driving the market’s expansion.

One of the main factors propelling the Gacha games market’s expansion is the rapid growth of mobile gaming. Due to the widespread use of smartphones and tablets, Millions of individuals worldwide now own these gadgets. Because of its accessibility, gaming has become more inclusive, welcoming players of all ages and backgrounds. Gacha games are especially well-suited to mobile platforms because of their captivating gameplay and collectible elements. They provide brief yet enjoyable gameplay experiences that blend in well with mobile gaming. The popularity of Gacha games has been greatly boosted by its accessibility and flexibility, which is driving industry expansion as more developers produce mobile-friendly Gacha games to keep up with demand.

The psychological allure of collecting is a major contributing element to Gacha games’ popularity. Gacha games take advantage of the human psychology’s innate attraction to gathering and finishing sets by using randomization in their reward systems. The excitement of obtaining uncommon and rare objects or characters draws in players, who are frequently motivated by the need to finish collections or advance in the game. Players may become extremely addicted to this collecting habit and start making expensive microtransactions in order to get desired products. Excitation, unpredictability, and the possibility of reward combine to create an enticing cycle that keeps players interested and spending money, which generates significant revenue for the Gacha gaming market.

The dynamic and entertaining nature of Gacha games is mostly dependent on frequent content upgrades and in-game events, which propel market expansion. To keep players interested and excited, developers frequently add new characters, objects, plots, and gaming elements. Players are encouraged to return often and engage in the game through limited-time events, seasonal updates, and special challenges that offer fresh material and exclusive rewards. In addition to improving the gameplay, these updates instill a sense of urgency in gamers, encouraging them to spend money on new releases and unique merchandise. Gacha games are kept interesting and engaging by the constant flow of new events and material, which supports steady market growth.

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GACHA GAMES MARKET SHARE:

Asia-Pacific (APAC), led by dominant nations China and Japan, is the market for gacha games. These regions’ cultural landscapes are strongly influenced by gacha mechanics and mobile gaming. The expansion of the gacha market in Asia-Pacific is driven by a large and tech-savvy population that has a high smartphone penetration rate.

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Key Companies:

Star WarsGenshin ImpactFire Emblem HeroesLangrisser MobileAzur LanePokemon Masters EXMarvel Strike ForceDragon Ball LegendsDragalia LostRaid: Shadow Legends

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DISCOVER MORE INSIGHTS: EXPLORE SIMILAR REPORTS!

–  Roguelike Game market is projected to reach USD 57,336 Million in 2030, increasing from USD 23,153 Million in 2023, with a CAGR of 12.3% during the period of 2024 to 2030.

–  H5 Games Market revenue was USD 1220.8 Million in 2022 and is forecast to a readjusted size of USD 3640.5 Million by 2029 with a CAGR of 16.7% during the review period (2023-2029).

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–  Fantasy Games market was valued at USD 22600 Million in 2023 and is anticipated to reach USD 45800 Million by 2030, witnessing a CAGR of 10.9% during the forecast period 2024-2030.

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–  The gamification market was valued at USD 9.9 Billion in 2020, and is estimated to reach USD 95.5 Billion by 2030, growing at a CAGR of 25.6% from 2021 to 2030.

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–  Metaverse market size is projected to reach USD 28 Billion by 2028, from 510 USD Million in 2022, at a CAGR of 95% during 2022-2028.

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Huawei Cloud in France: Building an AI-Native Cloud to Amplify Intelligence on the Tech Stage

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PARIS, Nov. 14, 2024 /PRNewswire/ — HUAWEI CONNECT 2024 PARIS commenced today, featuring the first Huawei Cloud Summit France. Huawei Cloud is building an AI-native cloud through systematic innovation and service reshaping. Moving forward, Huawei Cloud will continue to drive innovation in both the “AI for Cloud” and “Cloud for AI” directions, accelerating the intelligent transformation across industries in France.

Jacqueline Shi, President of Huawei Cloud Global Marketing and Sales Service, delivered a welcome speech in her digital presence built using Huawei Cloud MetaStudio. She stated, “Innovation is the heart of our success, our competitiveness, and our growth. That’s why we invest heavily in R&D to bring you the most secure and reliable cloud services possible, including cloud native, AI, and big data. In Europe, Huawei Cloud has collaborated with over 500 local partners to deliver a wide range of industry-specific solutions and proven expertise, enabling European businesses to expedite their cloud adoption, leverage global resources, and achieve leapfrog growth.”

In his keynote speech, William Dong, President of Huawei Cloud Marketing, highlighted the importance of AI in building economic moats. To this end, Huawei Cloud launches Pangu models to enable intelligent upgrades across industries, with over 400 use cases in 30 industries now benefiting from Huawei Cloud’s AI-native cloud infrastructure that extends cutting-edge technologies and premium experiences to European customers. On the tech stage, Huawei Cloud is set to amplify intelligence.

Huawei Cloud’s AI-native strategy has been a cornerstone of the company’s innovation. This strategy is twofold: AI for Cloud and Cloud for AI, marking significant advancements in Huawei Cloud’s capabilities. “AI for Cloud” means integrating Pangu models with cloud services for product R&D, data governance, security, and O&M to make them more intelligent and efficient.

With full-stack systemic innovations, “Cloud for AI” covers data centers, cloud platform architectures, and infrastructure services, enabling efficient and high-performance data preparation, training, inference, and application of foundation models. The distributed cloud database GaussDB features high performance, high intelligence, and easy migration. Huawei Cloud Stack 8.5 provides more than 120 locally deployed cloud services and 50 industry-specific solutions, building the optimal hybrid cloud for intelligent transformation.

At this summit, Huawei Cloud officially released the Flexus cloud services for small- and medium-sized enterprises (SMEs) in France. Flexus feature flexible specifications, AI-driven high speed, 6x burst speed, compute hot upgrade, and ultimate experience.

Presently, Huawei Cloud has more than 500 customers, partners, and developers in France. Song Wanying, President of Huawei Cloud France, shared insights on fostering business growth through cloud innovation and introduced new media & entertainment, e-commerce, and retail solutions for the French market, furthering intelligent initiatives.

Huawei Cloud has upgraded media services in a 3E approach: efficiency, experience, and evolution. For instance, AIGC for virtual humans can significantly reduce the time required for short video production from days to mere minutes. In terms of experience, Huawei Cloud leverages its self-developed RTP protocol to minimize latency to 500 ms and reduce frame freezing to 10%. For business model evolution, Huawei Cloud offers virtual human technology to facilitate efficient video production, leading to new business opportunities and growth.

In retail and e-commerce, Huawei Cloud has developed the B.R.A.N.D. model to assist retailers in driving innovation and growth. Through professional services, deterministic operations, security, reliability, and 16 sub-scenario solutions, B.R.A.N.D. enables retailers to build agile, efficient, and secure business systems.

In terms of ecosystem expansion, Huawei Cloud has partnered with Station F, the world’s largest startup incubator, to launch a sustainability-themed incubation program. This program aims to provide comprehensive support for startups, including cloud resources, investment opportunities, and dedicated office spaces. Additionally, Huawei Cloud and 20 ecosystem partners have unveiled the Industry Partner Innovation Program at the summit.

This two-day event features a packed agenda, including the partner forum and the Cloud Native Elite Club (CNEC) roundtable. At this year’s HUAWEI CONNECT Europe, CNEC returned to Europe and invited its first members to join this technical community built for European technology pioneers.

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ALBERT GAHFI, NEWCO CAPITAL GROUP CEO, NOMINATED FOR THE U.S. FINTECH AWARDS’ INNOVATOR OF THE YEAR

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NEW YORK, Nov. 14, 2024 /PRNewswire/ — NewCo Capital Group is proud to announce that Albert Gahfi, CEO of NewCo Capital Group and Co-Founder and Director of Bizcap, has been nominated for the prestigious Innovator of the Year Award by the U.S. FinTech Awards. This recognition highlights Albert’s groundbreaking contributions to the FinTech sector and his dedication to founding companies that empower small businesses with forward-thinking capital solutions.

We are focused on what’s next—continuing to build the tools and services that will drive the future of FinTech

As a proven enterprise-building founder and CEO, Albert co-founded Kings Cash Group and oversaw its merger with a large FinTech consortium that included an SEC-registered fund. As the Co-Founder and CEO of NewCo Capital Group, Capytal.com, and NewCo Canada, as well as the co-founder of Melbourne-based BizCap, Albert’s global expansion strategy has led to the opening of offices in New Zealand, the United Kingdom, and a recently announced strategic initiative in Asia via Singapore.

The nomination for Innovator of the Year underscores NewCo’s commitment to reshaping how small-to-medium businesses and enterprise companies access financing. Since its founding, NewCo has remained at the forefront of Specialty Finance within the FinTech sector, continually creating custom capital solutions that leverage advanced technology, nuanced underwriting, and a deep understanding of client needs.

Bruce Gurvitsch, Chief Revenue Officer for NewCo Capital Group and Capytal.com, commended the nomination, stating, “Albert’s nomination for Innovator of the Year reflects his unwavering pursuit of excellence—a drive that defines our mission at NewCo. We’re committed to pushing the boundaries of what’s possible in FinTech, ensuring that SMBs have access to the capital they need for growth, job creation, and long-term success.”

NewCo and its affiliate companies have transformed traditional financing models, making it easier, faster, and more efficient for businesses to secure funding. With over $1.8 billion deployed across 40,000+ businesses globally, NewCo continues to lead the charge in specialized financing and working capital.

Reflecting on the nomination, Gahfi remarked, ‘This recognition from the U.S. FinTech Awards validates our efforts and inspires us to continue delivering the most innovative solutions to the market.’ He emphasized NewCo’s long-term vision, adding, ‘We are focused on what’s next—continuing to build the tools and services that will drive the future of FinTech. Our mission has always been to empower small businesses globally.’

For more information about NewCo Capital Group, visit www.NewCoCapitalGroup.com or email Info@NewCoCapitalGroup.com.

About NewCo Capital Group & Capytal.com

Founded in 2020, NewCo Capital Group and its affiliate companies empower SMBs globally with fast, accessible financing and funding. The companies have successfully deployed $1.8 billion to over 40,000 SMBs while maintaining a 4.9/5 Trustpilot rating.

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SOURCE NewCo Capital Group

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Enrollsy Unveils Brand Refresh and New Website to Enhance Enrollment Experience for Schools, Camps, Nonprofits, and More

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LEHI, Utah, Nov. 14, 2024 /PRNewswire/ — Enrollsy, the platform dedicated to making enrollment simple and accessible for organizations of all sizes, is thrilled to announce its brand refresh and launch of a new website at www.enrollsy.com. With a renewed focus on simplifying enrollment processes and delivering unparalleled support, Enrollsy’s brand refresh reinforces its commitment to empowering non-technical professionals with a seamless, user-friendly experience.

Enrollsy is online enrollment software made easy.

The name “Enrollsy” reflects the platform’s mission: combining “enroll” and “easy” to describe a solution that effortlessly manages the enrollment process—from sign-up to payments and communications—without requiring technical expertise or IT support. Enrollsy’s customizable platform is designed to solve enrollment challenges and make life easier for administrators everywhere.

Empowering Purpose, Mission, Vision, and Values

Driven by a purpose to create an exceptional experience from the first interaction to ongoing support, Enrollsy ensures every aspect of its service is tailored to customer needs. Enrollsy’s mission—to provide an amazing enrollment experience to 10 million people in a single year—drives the platform to innovate, simplify, and perfect enrollment solutions for organizations managing data, payments, and communications.

Enrollsy envisions a world where education, enrichment, and connection drive better outcomes, helping organizations fulfill their missions. As a trusted partner, Enrollsy shares its values with customers by prioritizing consistency, honoring commitments, and maintaining clear, actionable communication.

Unmatched Customer Experiences

Enrollsy’s brand refresh also highlights its commitment to delivering value through real-life customer success stories. Elizabeth Fizer, owner of Fizer Fine Art, shares, “Enrollsy transformed our registration process from an absolute nightmare to easily manageable. Their unmatched customer service and ability to tailor the software to meet our specific needs allowed us to offer flexible schedules and simplified invoicing—enabling me to focus on my family during a busy registration period. Parents found it easy and intuitive, which only enhanced our customer experience.”

Similarly, Matthew Vinson from Common Ground on the Hill, a nonprofit, noted, “Enrollsy exceeded our expectations by listening to our unique needs and creating a system that integrates with our existing applications seamlessly. They understood our operations and provided features we needed, making the registration process efficient and stress-free.”

Visit the New Enrollsy Website

Enrollsy’s reimagined website offers a refreshed look at how the platform simplifies enrollment, billing, and communication for education, enrichment, and nonprofit organizations across the U.S., Australia, and Canada. Visitors are invited to explore www.enrollsy.com to discover how Enrollsy’s solutions are transforming the enrollment experience and simplifying administrative processes.

About Enrollsy Enrollsy provides a complete, easy-to-use solution for managing enrollments, payments, and participant communications. Designed for non-technical professionals, Enrollsy’s mission is to simplify enrollment for organizations while delivering unmatched support and flexibility. Visit www.enrollsy.com to learn more about how Enrollsy is shaping the future of enrollment.

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SOURCE Enrollsy, Inc.

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