Technology and Media - Market Research Report

  The U.S. music streaming market size was estimated at USD 12.28 billion in 2023 and is expected to grow at a CAGR of 12.8% from 2024 to 2030. The market is expected to grow due to the growing adoption of digital platforms and the widespread utilization of smart devices that allow users to see music videos and listen to podcasts along with audio files. Attractive features such as personalized song recommendations, automatic playlist customization, and seamless accessibility across various applications and web browsers are offered by these platforms, which is expected to boost the growth of the market. In 2023, the U.S. accounted for over 30% of the music streaming market. Due to the rising adoption of high speed internet connectivity, key companies in the market have started new music services that offer music streams and downloads for music enthusiasts. With the significant speed and data transmission capabilities, companies can provide high-quality music streams for their users....

  The Europe sports betting market size is anticipated to reach USD 65.54 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 9.9% from 2024 to 2030. The globalization of sports and the integration of international leagues and tournaments into European betting markets have fueled the growth of sports betting. Major sporting events such as the FIFA World Cup, UEFA European Championship, Wimbledon, and the Olympics attract widespread attention and betting interest from European consumers, driving significant betting volumes and revenues for sports betting operators, thus driving the growth of the sports betting market in Europe. The COVID-19 pandemic had a negative impact on the European sports betting market. The cancellation or postponement of sports events during the pandemic restrained the market growth. With major tournaments, leagues, and competitions either suspended or canceled outright, the absence of live spo...

The global warehouse robotics market size is anticipated to reach USD 17.29 billion by 2030, exhibiting a CAGR of 19.6% over the forecast period, according to a new report published by Grand View Research, Inc. The expansion of the e-commerce industry, rising labor costs, and the need for greater efficiency and accuracy in warehouse operations fuel the growth of the market. The e-commerce sector is witnessing remarkable growth due to technological advancements. Technologies like Virtual Reality (VR), Augmented Reality (AR), blockchain technology, Machine Learning (ML), and Artificial Intelligence (AI) are enhancing the shopping experience. Thus, companies seek new methods to enhance operations and logistics while reducing delivery time and costs. Robots offer a smart, cost-efficient alternative to human labor by automating warehouses catering to the increasing need of the e-commerce sector. The robots help companies to maintain employee safety standards and enhance production quality...

  The global telehealth services market size is anticipated to reach USD 291.37 billion by 2030, growing at a CAGR of 30.0% from 2024 to 2030, according to a new report by Grand View Research, Inc. The increasing technological advancements in healthcare, the shortfall of healthcare professionals, and supportive government initiatives drive the market demand. Technological advancements in telehealth include the internet, store-and-forward imaging, videoconferencing, streaming media, and wireless and terrestrial communications. Telehealth technologies are altering the way of delivering care to underserved individuals or populations who otherwise experience burdensome travel and hefty expenses to receive specialty care. Moreover, transportation may be an obstacle for patients with chronic diseases; telehealth provides continuous care to such patients overcoming the obstacles of transportation, time, and cost. Health status can be accessed conveniently with the help of technologies suc...

  The global software defined radio market size is estimated to reach USD 47,753.9 million by 2030, registering to grow at a CAGR of 8.4% from 2025 to 2030 according to a new report by Grand View Research, Inc. The market is undergoing substantial growth primarily owing to its inherent advantages in flexibility and adaptability. The ability to reconfigure radio functionality through software updates rather than hardware modifications makes software defined radio (SDR) highly attractive in dynamic industries, including telecommunications and defense. The surge in demand for advanced wireless communication systems, coupled with the increasing prevalence of 5G technology, contributes significantly to market’s expansion. The escalating demand for software defined radio across diverse industries underwent a paradigm shift in wireless communication technologies. The software defined radio’s adaptability and versatility have positioned it as a key enabler in meeting the evolving requireme...

The global satellite data services market size is estimated to reach USD 29.47 billion by 2030, expanding at a CAGR of 16.0% from 2024 to 2030, according to a new report by Grand View Research, Inc. Rising trend of privatizing the space among companies is expected to drive the growth. Extensive privatization is expected to offer satellite imagery adopters with much deeper and valuable spatial imagery insights, thus facilitating more intelligent decision making. Additionally, privatization of space facilitates higher competition amongst companies to develop new space technologies, which is expected to facilitate more rapid growth in the field of space technology. Miniaturization of sensors is envisioned to facilitate the launching of several satellites in a single payload, thus reducing mission costs for imagery adopters and subsequently reducing entry barriers for new imagery providers. The opportunity to map larger areas using several small satellites is further expected to fuel the d...