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Custom Apparel Market to grow by USD 2.17 Billion from 2024-2028, driven by internet and smartphone adoption, Report on AI-driven market evolution – Technavio

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NEW YORK, Dec. 6, 2024 /PRNewswire/ — Report on how AI is driving market transformation – The global custom apparel market  size is estimated to grow by USD 2.17 billon from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of  8.04%  during the forecast period. Rise in internet penetration and smartphone adoption is driving market growth, with a trend towards rise of diy culture and maker movement. However, availability of counterfeit products  poses a challenge. Key market players include 4imprint Group plc, Adidas AG, Allied Shirts, Amazon.com Inc., CafePress Inc., Carhartt Inc., Cimpress Plc, CustomInk LLC, Designhill Inc., DOWNTOWN CUSTOM PRINTWEAR, Jakprints, Lynka Sp. Z.o.o., Nike Inc., Printful Inc., Redbubble Ltd., Society6 LLC, Spreadshirt Inc., TeeTalkies, THREADBIRD, UberPrints Inc., Vantage Custom Classics Inc., and Zazzle Inc..

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Forecast period

2024-2028

Base Year

2023

Historic Data

2018 – 2022

Segment Covered

End-user (Women, Men, and Children), Distribution Channel (Offline and Online), and Geography (APAC, North America, Europe, Middle East and Africa, and South America)

Region Covered

APAC, North America, Europe, Middle East and Africa, and South America

Key companies profiled

4imprint Group plc, Adidas AG, Allied Shirts, Amazon.com Inc., CafePress Inc., Carhartt Inc., Cimpress Plc, CustomInk LLC, Designhill Inc., DOWNTOWN CUSTOM PRINTWEAR, Jakprints, Lynka Sp. Z.o.o., Nike Inc., Printful Inc., Redbubble Ltd., Society6 LLC, Spreadshirt Inc., TeeTalkies, THREADBIRD, UberPrints Inc., Vantage Custom Classics Inc., and Zazzle Inc.

Key Market Trends Fueling Growth

The custom apparel market experiences growth due to fundamental requirements like clothing and shifting lifestyles. Active lifestyles fuel the expansion of sportswear and activewear segments in women’s apparel. Fashion consciousness and emerging trends boost the popularity of fast-fashion clothing. Brands like H&M and Gap, known for their jerseys and emblems, employ advertising strategies using hoardings, television, and digital platforms. Sensitive topics, marketing strategies, hospitality, logistics, construction, medical, and denim sectors also contribute to the market’s expansion. Customized apparel, including embroidery, screen printing, sublimation, heat transfer, reflective finishes, graphic t-shirts, and personalized designs, cater to various industries and consumer preferences. Digital printing technology, using cotton, silks, polyester, and inkjet technology, further enhances the market’s versatility. 

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Market Challenges

The custom apparel market faces a significant challenge from counterfeit products, particularly in APAC. Counterfeit apparel, produced through techniques like embroidery, screen printing, and digital printing, undermines market competition. Prices for counterfeit items are significantly lower than genuine branded apparel, leading to market share erosion. Developing countries, such as China, contribute significantly to this issue. Distinguishing original from counterfeit products can be challenging due to the duplication of unique features, logos, and designs. Other factors impacting the market include product quality, import duties, ethical concerns, and fashion trends. Custom apparel offerings include a range of items for women, men, and children, made from various fabrics like cotton, silks, and polyester. Sustainable production and eco-friendly fabrics are also gaining popularity.

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Segment Overview 

This custom apparel market report extensively covers market segmentation by

End-user 1.1 Women1.2 Men1.3 ChildrenDistribution Channel2.1 Offline2.2 OnlineGeography 3.1 APAC3.2 North America3.3 Europe3.4 Middle East and Africa3.5 South America

1.1 Women-  Market segmentation in the custom apparel industry is primarily based on end-users, encompassing various demographics and application areas. This segment includes Women, Men, and Children, each with distinct fashion trends and preferences. Lyocell, a sustainable fabric, gains popularity among eco-conscious consumers, particularly in the Women’s segment. Men seek Coats, Suits, and Pants, while Children’s apparel features Skirts, Shirts, and personalized T-shirts with slogans or emblems. Fashion trends intertwine with social issues, giving rise to customized apparel for causes, such as sports teams’ Jerseys. Advertising strategies employ Hoardings, Television, and sensitive topics to boost brand awareness. Upscale Clothes cater to the hospitality industry, while Logistics and Construction sectors rely on Denim and branded workwear. Online and offline retail channels serve as branding tools for customized apparel, fostering bespoke clothing market growth in the retail fashion sector.

Download complimentary Sample Report to gain insights into AI’s impact on market dynamics, emerging trends, and future opportunities- including forecast (2024-2028) and historic data (2018 – 2022) 

Research Analysis

The custom apparel market encompasses various decorative techniques such as embroidery, screen printing, sublimation, heat transfer, and reflective finish. These methods allow for the creation of unique features on graphic t-shirts, customized clothing, and personalized designs, including logos and slogans. Digital printing technology, utilizing inkjet technology, has revolutionized the industry, enabling faster production and more intricate designs. Fashion trends continue to evolve, with personalized clothes, including coats, skirts, pants, shirts, and suits, gaining popularity for their ability to express individuality and support social issues or sports teams. Advertising strategies employing hoardings and television further boost the market’s growth, making custom apparel an essential component in both personal and commercial spheres.

Market Research Overview

The Custom Apparel Market is a significant segment in the global fashion industry, characterized by the production of unique and personalized clothing items for individual consumers. This market caters to various customer preferences and demands, offering a wide range of styles, materials, and designs. The printing technology used in custom apparel production plays a crucial role in its growth, with advancements in digital and screen printing techniques enabling the creation of intricate and detailed designs. Sustainability is also a key trend in the custom apparel market, with an increasing focus on eco-friendly materials and production processes. The market is further driven by the rise of online platforms and social media, which facilitate easy access to custom apparel and enable customers to showcase their unique styles. Overall, the custom apparel market is a dynamic and innovative industry that continues to evolve in response to changing consumer preferences and technological advancements.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

End-userWomenMenChildrenDistribution ChannelOfflineOnlineGeographyAPACNorth AmericaEuropeMiddle East And AfricaSouth America

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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Mega Matrix Inc. Announced that Romantic Drama Micro-drama “Runaway Billionaire Becomes My Groom” Now Streaming on FlexTV

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SINGAPORE, Jan. 13, 2025 /PRNewswire/ — Mega Matrix Inc. (NYSE American: MPU) announced that the romantic drama short drama Runaway Billionaire Becomes My Groom has officially launched on FlexTV, the leading global short-form streaming platform operated by Mega Matrix Inc. (NYSE American: MPU), as of January 9. What begins as a hasty engagement driven by impulsive emotions unexpectedly leads the two protagonists on a passionate and healing journey of love.

Liana, in a moment of extreme heartbreak, impulsively marries Jacob, a billionaire with hidden secrets. As time passes, their relationship gradually develops into something sincere and deep. However, their love faces serious challenges when confronted with meddling exes, family disputes, and corporate power struggles.

Liana’s ex-boyfriend, still holding on to feelings for her, attempts to sabotage her new life, while Jacob finds himself entangled in fierce power struggles within his company, threatening their fragile new relationship.

MPU operates the globally leading short-form streaming platform FlexTV, currently offering short-form content in over 100 countries, with versions in multiple languages including English, Japanese, Korean, Portuguese, Spanish, French, and Arabic. FlexTV has gained global popularity for its high-quality content and exceptional user experience. Runaway Billionaire Becomes My Groom is now available for streaming on FlexTV, showcasing to viewers that true love requires mutual effort and understanding, as well as the courage to face and overcome the various challenges life presents. For more exciting content, please visit https://www.flextv.cc/.

#LoveAfterMarriage #Romance #Urban #Billionaire #ShortSeries #FlexTV #MPU

About Mega Matrix Inc.: Mega Matrix Inc. (NYSE American: MPU) is a holding company and operates FlexTV, a short-video streaming platform and producer of short dramas, through its subsidiary, Yuder Pte, Ltd.. Mega Matrix Inc. is a Cayman Island corporation headquartered in Singapore. For more information, please contact info@megamatrix.io or visit: http://www.megamatrix.io.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. All statements in this press release other than statements that are purely historical are forward looking statements. When used in this press release, the words “estimates,” “projected,” “expects,” “anticipates,” “forecasts,” “plans,” “intends,” “believes,” “seeks,” “may,” “will,” “should,” “future,” “propose,” and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements are not guarantees for future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Company’s control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors, among others, are: the ability to manage growth; ability to identify and integrate future acquisitions; ability to grow and expand our FlexTV business; ability to execute the strategic cooperation with TopReels, ability to obtain additional financing in the future to fund capital expenditures; ability to establish the investment fund with 9 Yards Communications under the memorandum of understanding; fluctuations in general economic and business conditions; costs or other factors adversely affecting the Company’s profitability; litigation involving patents, intellectual property, and other matters; potential changes in the legislative and regulatory environment; a pandemic or epidemic; the possibility that the Company may not succeed in developing its new lines of businesses due to, among other things, changes in the business environment, competition, changes in regulation, or other economic and policy factors; and the possibility that the Company’s new lines of business may be adversely affected by other economic, business, and/or competitive factors. The forward-looking statements in this press release and the Company’s future results of operations are subject to additional risks and uncertainties set forth under the “Risk Factors” in documents filed by the Company’s predecessor, Mega Matrix Corp., with the Securities and Exchange Commission, including the Company’s latest annual report on Form 10-K, as amended, and are based on information available to the Company on the date hereof. In addition, such risks and uncertainties include the Company’s inability to predict or control bankruptcy proceedings and the uncertainties surrounding the ability to generate cash proceeds through the sale or other monetization of the Company’s assets. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date of this press release.

Disclosure Channels

We announce material information about the Company and its services and for complying with our disclosure obligation under Regulation FD via the following social media channels:

The Company will also use its landing page on its corporate website (www.megamatrix.io) to host social media disclosures and/or links to/from such disclosures. The information we post through these social media channels may be deemed material. Accordingly, investors should monitor these social media channels in addition to following our website, press releases, SEC filings and public conference calls and webcasts. The social media channels that we intend to use as a means of disclosing the information described above may be updated from time to time as listed on our website.

 

 

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SOURCE Mega Matrix Inc.

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Wi-Charge Empowers Large Format E Ink Posters with Wireless Electricity, Unlocking Limitless Communication Across Industries

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TEL AVIV, Israel, Jan. 13, 2025 /PRNewswire/ — Wi-Charge, the global leader in wireless electricity, announced today that it is now powering E Ink’s large-format Spectra 6 color panels. E Ink poster-size displays, ranging from 13 inches to 40 inches in size, can now be powered over the air and be installed anywhere without laying cables or replacing batteries. The combined Wi-Charge and E Ink technology, called the Wi-Poster, dramatically opens up opportunities for organizations to deliver the right messages at the right place to their customers, without limitations.

Wi-Charge’s breakthrough and patented infrared wireless electricity eliminates the significant cost and complexity of installing and moving digital signage, even in hard-to-reach areas. By safely and efficiently delivering electric power over the air through infrared light, Wi-Charge simplifies operations, reduces maintenance costs, and offers a sustainable, flexible solution for digital signage across a wide range of industries.

“We are excited to extend the impact and reach of E Ink displays through Wi-Charge wireless power, enabling organizations to make frequent updates to their content without limitations,” said Ori Mor, co-founder and chief business officer, Wi-Charge. “By removing the constraints of wires and batteries, Wi-Charge and E Ink are revolutionizing how businesses engage their audiences and easily deliver dynamic, timely messaging.”

Wi-Poster from Wi Charge delivers a number of new capabilities and benefits to companies using E-Ink, including:

Durable, One-Sided or Double-Sided Displays: The elegant Wi-Poster display is made with premium Gorilla Glass.Deliver Fresh and Timely Messages: By eliminating concerns about draining batteries from overuse, organizations can update content on the E Ink displays as many times as they want.Flexible Positioning: Wi-Charge wireless power enables organizations to position the Wi-Poster E Ink display in the ideal place where it can be seen, not where the nearest plug is located.Broad Relevance Across Industries: From retail to financial institutions to transit hubs, Wi-Charge adapts to each unique environment, offering a seamless solution for digital signageSustainable: By delivering reliable, energy-efficient power to E Ink displays high-wattage LCDs, paper waste and cable installations are eliminated.

“C3 customers rely on us to provide the ideal technology solutions to drive their businesses forward, and Wi-Charge’s wireless power solutions change the game and open up unimaginable possibilities,” said Tony Mahadevan, CEO, C3 Labs. “Through the integration of wireless power with E Ink’s poster-size displays, C3 can offer digital signage to offices and retail space, eliminating their concerns about wires or frequent charging.”

“Today’s hyper-connected consumers expect seamless, immersive in-store experiences that integrate digital interactions at the point of engagement,” said Jason Elmaleh, CEO, Commersive Solutions. “Partnering with Wi-Charge, we’re combining E Ink displays with wireless power to help retailers deliver timely and impactful messages without relying on costly, hardwired solutions. At Commersive, we’re committed to driving the future of retail through smarter, more dynamic in-store solutions.”

For organizations interested in getting additional information on the E Ink displays powered by Wi-Charge, please contact info@wi-charge.com or visit www.wi-charge.com/wi-poster

About Wi-Charge
Wi-Charge is a long-range wireless power company founded to enable automatic charging of cell phones and other smart devices. Our patented infrared wireless power technology can safely and efficiently deliver several watts of power to client devices over room-sized distances. Giving end-users freedom and product designers the power they need for the next generation of mobile smart devices, Wi-Charge is the power of the future, beyond batteries and power cords. For more information, visit http://www.wi-charge.com or follow us on LinkedIn.

Contact
Merrill Freund
merrill@freundpr.com
415-577-8637

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SOURCE Wi-Charge

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Stratejm Launch First MSSP Offering in Canada Featuring Nozomi Networks Vantage Cloud Platform for Unified Security Monitoring and Risk Management

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TORONTO, Jan. 13, 2025 /CNW/ — Nozomi Networks, a leader in operational technology (OT) and Internet of Things (IoT) cybersecurity, and Stratejm, a Bell Canada Company, Canada’s premier Managed Security Service Provider (MSSP), are excited to announce Stratejm as the first MSSP in Canada to integrate the Nozomi Vantage™ cloud platform. This collaboration brings a breakthrough in comprehensive security monitoring and risk management across OT, IoT, IT, edge, and cloud assets – all unified through a single pane of glass.

Stratejm’s renowned Security-as-a-Service (SECaaS) will now offer customers the Nozomi Vantage platform, which extends security visibility, asset management, and risk assessment across an unlimited number of sites, regions, and teams. With this integration, Stratejm will empower Canadian enterprises to leverage Nozomi’s cutting-edge technology through a scalable and seamless service, enabling advanced vulnerability assessment, threat detection, and response.

“As the first MSSP in Canada to offer the Nozomi Vantage platform, we are thrilled to continue advancing Stratejm’s cybersecurity solutions, now with unparalleled support for OT and IoT environments,” said John Menezes, President & CEO of Stratejm. “Through our Security-as-a-Service platform, we are addressing the expanding digital landscape and meeting Canadian enterprises’ needs for a unified, scalable, and cost-effective security solution.”

The Nozomi Vantage cloud platform provides customers with:

Single Pane of Glass Visibility: A unified dashboard that simplifies security management across OT, IoT, IT, edge, and cloud environments.Enhanced Asset Management: A comprehensive view of all assets across multiple locations to identify and manage critical systems and endpoints.Advanced Threat Detection and Response: Streamlined detection, investigation, and response capabilities across OT, IoT, and IT environments.Integrated Vulnerability Management: Continual assessment of potential vulnerabilities to proactively mitigate risk.

“Partnering with Stratejm to deliver the Nozomi Vantage platform as a managed service is a significant milestone in bringing powerful, real-time security monitoring to Canada’s critical infrastructure and enterprise sectors,” said Cade Stephens, Nozomi Networks Head of Worldwide Partner Sales. “With Stratejm’s extensive cybersecurity expertise and the Vantage platform, Canadian organizations can rely on a trusted, comprehensive solution that meets the demands of today’s complex security landscape.”

Stratejm’s SECaaS offering is recognized for its market-leading approach, powered by advanced automation and rapid time-to-containment capabilities. The Nozomi Vantage platform will further enhance Stratejm’s cybersecurity mesh architecture, providing seamless integration across Guardian sensors, Arc endpoints, and other digital assets.

Stratejm and Nozomi Networks are excited to provide Canadian enterprises with this integrated solution, reinforcing Stratejm’s mission to deliver leading-edge cybersecurity and risk management across all operational environments.

For more information about Stratejm’s Security-as-a-Service platform with the Nozomi Vantage integration, please visit www.stratejm.com or www.nozominetworks.com.

About Nozomi Networks 
Nozomi Networks accelerates digital transformation by unifying cybersecurity visibility and resilience for industrial, OT, and IoT environments. Through advanced network monitoring, asset intelligence, and threat intelligence, Nozomi Networks helps organizations defend critical assets against cyber threats. Nozomi’s solutions are trusted by the world’s largest enterprises across multiple sectors.

About Stratejm
Stratejm, a Bell Canada Company is Canada’s leading MSSP, delivering Security-as-a-Service (SECaaS) and Managed Detection and Response (MDR) solutions tailored to the needs of Canadian enterprises. As a Bell Canada company, Stratejm continues to set the standard for cybersecurity through its integrated mesh architecture and industry-leading automation, enabling rapid threat detection and response across IT, OT, and IoT environments.

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SOURCE Nozomi Networks

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