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Fantasy Sports Market size to increase by USD 10.13 Billion between 2024 to 2029, Market Segmentation by Product, Platform, Geography , Technavio

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NEW YORK, Jan. 2, 2025 /PRNewswire/ — The global fantasy sports market size is estimated to grow by USD 10.13 billion from 2025 to 2029, according to Technavio. The market is estimated to grow at a CAGR of 7.1% during the forecast period. The report provides a comprehensive forecast of key segments below- 

Segmentation Overview

Product 1.1 Fantasy soccer1.2 Fantasy baseball1.3 Fantasy basketball1.4 Fantasy football1.5 OthersPlatform 2.1 Mobile application2.2 WebsiteGeography 3.1 North America3.2 Europe3.3 APAC3.4 South America3.5 Middle East and Africa

Get a glance at the market contribution of rest of the segments – Download a FREE Sample Report in minutes!

1.1 Fastest growing segment:

Fantasy soccer is a popular game where participants build teams of real-life soccer players and earn points based on their actual on-field statistics. This game involves selecting eleven players for four positions. Soccer’s global appeal fuels the fantasy soccer market’s growth. Notable leagues include Draft Fantasy Football, McDonald’s FIFA World Cup Fantasy, Fantasy Premier League, and UEFA Champions League Fantasy Football. Players can make transfers before the season, with a cap on the number during the season. Some websites offer unlimited transfers but deduct points. Player performance determines transfer fees. The increasing viewership on various media platforms, such as the internet and mobile, is expected to boost the segment’s expansion in the global fantasy sports market during the forecast period.

Analyst Review

The Fantasy Sports Market is experiencing exponential growth, fueled by the increasing popularity of sports leagues and tournaments across the globe. NFL, Premier League, IPL, and various other leagues have a massive fan base, driving the demand for fantasy sports platforms. High-speed internet and smartphones have made online gaming more accessible than ever before. The market size is projected to expand significantly due to the rise of the Online gaming business. Secure payment methods and the integration of blockchain-based apps ensure a safe and transparent user experience. Fantasy chatbots offer personalized recommendations and real-time updates, enhancing fan engagement. However, the market faces challenges from illegal sports betting and the need for regulatory frameworks. Sports Tech is revolutionizing the industry, with software engineers and data scientists at the forefront of innovation. Baseball, Cricket, Football (rugby), Volleyball, and other sports continue to captivate audiences worldwide, fueling the growth of the Fantasy Sports Market. Internet penetration is a key factor, with more regions embracing digital platforms for sports consumption.

Market Overview

Fantasy sports market is experiencing exponential growth, fueled by the popularity of sports leagues and tournaments across the NFL, Premier League, IPL, and more. Fan engagement reaches new heights with fantasy sports platforms, enabling high-speed internet users to enjoy online gaming experiences, including eSports, football, baseball, basketball, hockey, cricket, and more. Gameplay is enhanced through user interfaces, social interaction, and daily fantasy contests, as well as virtual trading and NFT-based games like Reignmakers and Fantasy Football. The mobile application sector is a significant driver, with platforms offering mobile applications and virtual reality (VR) and augmented reality (AR) experiences. Online gambling and sports betting are also integral parts of the fantasy sports ecosystem. However, it’s essential to maintain secure payment methods and adhere to regulations against illegal sports betting. Software engineers, data scientists, and cybersecurity professionals are crucial in developing these innovative platforms, ensuring seamless user experiences and protecting against potential threats. The online gaming business continues to evolve, with freemium models, in-app purchases, advertising, and premium subscriptions driving revenue. Emerging sports like badminton, football (rugby), volleyball, and others are also gaining traction in the fantasy sports world. Internet penetration and the rise of Sports Tech have played a significant role in the market’s growth. As more users access these platforms, the importance of sensor tower data and advertising opportunities increases. The future of fantasy sports lies in the integration of blockchain-based apps, fantasy chatbots, and the potential of in-app advertisements, pay-per-download, and subscription services.

To understand more about this market- Download a FREE Sample Report in minutes!

Key Topics Covered:

 1 Executive Summary
 2 Market Landscape
 3 Market Sizing
 4 Historic Market Size
 5 Five Forces Analysis
 6 Market Segmentation
 7 Customer Landscape
 8 Geographic Landscape
 9 Drivers, Challenges, and Trends
10 Venodr Landscape
11 Vendor 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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wienerberger India Achieves Lowest Carbon Footprint with Porotherm Smart Bricks

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LCA shows 150 years of life cycle for Porotherm

BENGALURU, India , Jan. 8, 2025 /PRNewswire/ — wienerberger India’s flagship product, Porotherm Smart Bricks, has demonstrated an exceptional environmental performance in a recent Life Cycle Analysis (LCA) conducted by LEAD Consultancy and Engineering Services (India) Pvt Ltd.

The LCA, adopted the ‘Cradle to Grave’ approach, adhering to international standards (EN 15804+A2 & ISO 14025 / ISO 21930) and assessed the Global Warming Potential (GWP) of various walling materials. The ‘Cradle to Grave’ approach covers entire life cycle of a product from the excavation of raw materials to manufacturing process, transportation, installation, and usage to its end-of-life phases.

Porotherm Smart Bricks including Porotherm HP, Porotherm Plus, FB Exteria and Grinded bricks showed a remarkable GWP of 97.103 Kg CO2e per ton, significantly outperforming other materials. The lifespan of Porotherm is 150 years as per the LCA report. 

Porotherm Vs other walling materials

The Global Warming Potential (GWP) of Porotherm is much lesser as compared to other walling materials as per the LCA 

Porotherm: 97.103 Kg CO2e/tonAutoclaved Concrete: 230 Kg CO2e/tonBurnt Clay Bricks: 330 Kg CO2e/tonConcrete Blocks: 400 Kg CO2e/tonReinforced Concrete Wall: 800 Kg CO2e/ton

For a typical 1500 Sqft residence, Porotherm’s total embodied carbon is 1491, compared to:

3172 for Autoclaved Concrete21133 for Burnt Clay Bricks18401 for Concrete Blocks52277 for Reinforced Concrete Wall

“This significant reduction in carbon footprint underscores our commitment to sustainability,” said Mr. Monnanda Appaiah, Managing Director, wienerberger India. “Our eco-conscious approach enables us to create environmentally friendly products, contributing to a greener future.”

Sustainable Manufacturing

Porotherm’s composition includes an impressive 90% recycled waste, including:

Stone slurryRice huskTank clay (silt removed from dead tanks and lakes during de-silting)

Only 10% of the raw material is clay sourced from clay mines. This innovative use of recycled materials significantly reduces waste and minimizes the product’s ecological footprint.

The benefits of Porotherm’s sustainable manufacturing process extend beyond environmental benefits, offering:

Reduced waste disposal costsConservation of natural resourcesLower energy consumption

About wienerberger India

wienerberger India provides innovative building solutions, focusing on environmental responsibility and sustainable development. With a strong commitment to reducing carbon emissions, wienerberger India strives to minimize its ecological footprint while promoting sustainable development.

For more information log on to : https://www.wienerberger.in/

Photo: https://mma.prnewswire.com/media/2592529/Porotherm_Smart_Bricks.jpg

 

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Pollo AI Launches Consistent Character Video to Maintain Consistency of Characters, Objects, or Scenes in Generated Videos

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SINGAPORE, Jan. 7, 2025 /PRNewswire/ — Pollo AI  continues to raise the bar in AI video generation with the addition of its latest feature: Consistent Character Video, which can transform still images into high quality AI videos, while maintaining consistency of characters, objects, or scenes throughout every frame.

Users can upload one or up to three images of a subject to the tool – it could be a person’s face, for example, or image(s) of an inanimate object, like an appliance or piece of clothing, or image(s) of specific scenes. The AI video generator will then use the image(s) as the reference point(s) when generating its video content, ensuring that the original visuals are accurately and consistently portrayed.

This way, users can make multiple videos while keeping the same consistent subjects. They can make themselves the star of numerous clips, for example, or incorporate real-life items into their video creations. While other elements of the videos may change, the core subjects you choose will always remain consistent.

The uses for this are numerous. Brands, for example, could upload images of their latest products and then make various AI-generated videos featuring those products in a range of settings and scenarios. Or creators could make entire feature-length films by generating multiple short-form AI videos with the same consistent subjects in different scenes.

You could even upload an image of a famous landmark or monument, and instruct the tool to use that throughout your video creations. This makes it so much easier to create sequences or series of videos with the same consistent background, environment, or setting – a feat that many AI video generators have historically struggled with.

It’s a huge leap forward for AI video technology. Before the Consistent Character Video Generator, many users had expressed frustration when it came to trying to keep the same characters and subjects in multiple AI-generated videos. But with this new tool, that challenge has been solved.

What’s more, the Consistent Character Video Generator is backed up by Pollo AI’s advanced algorithms and powerful technology. Thanks to that, it’s able to make some of the most visually impressive AI videos, with cinematic levels of quality, fluid motion, realistic physics, and other desirable characteristics.

Plus, just like other AI videos generated with Pollo AI, the user has total control over various aspects, such as the aspect ratio, the length of the video, the resolution, and the camera movement. With this bold new addition, Pollo AI continues to assert itself as one of the leading and most innovative names in the AI video sphere.

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SOURCE Pollo AI

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What Hebei Can Offer丨Hebei Steel Forging Future

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SHIJIAZHUANG, China, Jan. 8, 2025 /PRNewswire/ — A news report from Great Wall New Media — Steel is the primary pillar industry of Hebei Province. Relying on abundant resource endowments, a complete industrial chain, and modern technological advantages, Hebei’s steel industry has gradually formed an industrial cluster centered around Tangshan, Handan, Shijiazhuang, Chengde, and other key areas.

In recent years, Hebei has been actively promoting the steel industry’s transition towards intelligence, sustainability, and internationalization. Its products are widely exported to 20 countries and regions, becoming a crucial support for infrastructure construction in Belt and Road countries. 

Today, let’s follow Xiao Wan from France to unlock the secrets of steel.

Video – https://mma.prnewswire.com/media/2593292/video.mp4

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