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Digital Media Production Software Market to Reach $36.3 Billion, Globally, by 2031 at 12.6% CAGR: Allied Market Research

Retrieved on: 
Monday, December 12, 2022

PORTLAND, Ore., Dec. 12, 2022 /PRNewswire/ -- Allied Market Research published a report, titled, "Digital Media Production Software Market by Type (Digital Content Creation, Digital Content Management, Interactive TV), by Deployment Mode (On-Premise, Cloud), by Application (Digital Advertising, Online Games, E-learning, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031". According to the report, the global digital media production software industry generated $11.4 billion in 2021, and is anticipated to generate $36.3 billion by 2031, witnessing a CAGR of 12.6% from 2022 to 2031.

Key Points: 
  • PORTLAND, Ore., Dec. 12, 2022 /PRNewswire/ --Allied Market Research published a report, titled, " Digital Media Production Software Market by Type (Digital Content Creation, Digital Content Management, Interactive TV), by Deployment Mode (On-Premise, Cloud), by Application (Digital Advertising, Online Games, E-learning, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031".
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    Rise in demand for online video games, growth in ICT expenditure, and the rising use of social media marketing drive the growth of the global digital media production software market.
  • However, high initial investments and cyber security threats are responsible for hampering the growth of the digital media production software market.
  • The outbreak of the Covid-19 pandemic had a positive impact on the global digital media production software market, owing to a sudden increase in demand for digital media during the lockdown.

Greenspring Media Announces Winners of the Second Annual Midwest Home Design Awards

Retrieved on: 
Saturday, December 3, 2022

More than 480 entries were evaluated across 61 categories from 82 companies, honoring first, second, and third places in each category.

Key Points: 
  • More than 480 entries were evaluated across 61 categories from 82 companies, honoring first, second, and third places in each category.
  • Their expertise reflects a broad spectrum of related professions, including architecture, building, remodeling, interior design, and landscape design.
  • The judges were:
    An elite group of industry-leading companies helped Greenspring Media bring the 2022 Midwest Home Design Awards to life: Vetter Stone, ABC Arrow Building Center, Manomin Resawn Timbers, and Phantom Screens.
  • All winners will be featured in the January/February issue of Midwest Home magazine and through an omni-channel marketing campaign across Greenspring Media's print and digital mediums and in-person events.

Greenspring Media Awarded Sons of Norway Magazine and Content Contract

Retrieved on: 
Monday, November 21, 2022

BLOOMINGTON, Minn., Nov. 21, 2022 /PRNewswire/ -- Greenspring Media, a wholly owned subsidiary of Hour Media, announced today that it has been awarded the contract to publish, design, edit, print, and distribute the award-winning, 119-year-old Viking magazine beginning with the January/February 2023 issue. The bimonthly member publication is distributed to Sons of Norway members across the United States and internationally.

Key Points: 
  • "We are delighted to work with Greenspring Media, the leading publisher in custom content and publications," noted Connie O'Brien, Director of Fraternal Development & Marketing with Sons of Norway.
  • With a hearty Velkommen from the Sons of Norway International President, the magazine delivers the latest collection of intelligent and entertaining stories, including Norway travel opportunities, updates on exclusive financial products, and the latest social happenings in Sons of Norway lodges.
  • "Greenspring Media will work closely with the devoted and passionate Sons of Norway team to continue the legacy and honor the stories of Norwegian culture," said Tammy Galvin, Publisher of Greenspring Media.
  • Greenspring Media will focus its considerable resources to enhance client service, reader experience, and manufacturing and distribution of Viking magazine.

Stirista Releases U.S. Post Midterm Election Voter Analysis Based on Critical Data Insights

Retrieved on: 
Thursday, November 17, 2022

SAN ANTONIO, Texas, Nov. 17, 2022 /PRNewswire-PRWeb/ -- Stirista, the leader in data-driven performance marketing solutions, today released key voter analysis of the 2022 U.S. midterm election cycle based on its optimized political and early vote/ballot request data sets. Based on Stirista's data insights, more than 72 million U.S. citizens voted early either through ballot requests or via confirmed early voting, a 92 percent increase from the 2018 midterm election cycle. For campaigns and political marketers, more than 50 percent of digital advertising dollars for a political candidate or cause could have been wasted if known early voters were included in audience segment targeting, leading to an estimated $1.5B in wasted digital ad spend.

Key Points: 
  • Based on Stirista's data insights, more than 72 million U.S. citizens voted early either through ballot requests or via confirmed early voting, a 92 percent increase from the 2018 midterm election cycle.
  • "Based on our data reporting results in early October and through election day, we were predicting a Pink Trickle versus the polls projections of a Red Tsunami.
  • Stirista is a data-driven marketing cloud that combines the power of authoritative identity data with the execution of omnichannel marketing.
  • Through its data and customer-centric approach, Stirista is helping Fortune 500 and mid-market brands increase brand loyalty and acquire new customers.

Growing Preference for Online Shopping Invigorate the E-Commerce Industry

Retrieved on: 
Friday, November 11, 2022

NEW YORK, Nov. 11, 2022 /PRNewswire/ -- China's logistics and shipping industry has been growing at a rapid, yet steady pace for decades. However, the COVID-19 pandemic has accelerated development of the industry even further. In recent years, major shifts in shipping and logistics have started to take place. For example, according to McKinsey Insights, recent e-commerce patterns are fueling demand for air freight, an often-underappreciated value driver in the logistics sector. Traditionally, e-commerce supply chains relied mostly on maritime shipping to transport products in bulk to destination countries in advance, before local express providers take over the final leg of the delivery to the end customer. More recently though, there has been a shift in the industry, which is due to digital advances in e-commerce. These advances have empowered mass customization, especially in fast fashion, in what is termed the "direct line" model. This refers to transporting products in bulk via air freight to local postal companies in the final destination, empowering swift last-mile deliveries to the final customers. In fact, many Chinese companies including JD Logistics, Cainiao, SF Express, and YTO Express are actively growing their freighter fleets. This is a sign that the direct-line model is gradually replacing traditional postal and express delivery. Between 2016 and 2020, the demand for direct-line delivery has risen by 84%. Jowell Global Ltd. (NASDAQ: JWEL), ZTO Express (Cayman) Inc. (NYSE: ZTO), Grindrod Shipping Holdings Ltd. (NASDAQ: GRIN), BigCommerce Holdings, Inc. (NASDAQ: BIGC), eBay Inc. (NASDAQ: EBAY)

Key Points: 
  • More recently though, there has been a shift in the industry, which is due to digital advances in e-commerce.
  • In fact, many Chinese companies including JD Logistics, Cainiao, SF Express, and YTO Express are actively growing their freighter fleets.
  • The e-commerce market is driven, in large part, by the increasing preference for online shopping as well as the growing influence of social networking platforms on shopping habits.
  • In addition, the growing trend of private-label services and direct to consumer-based business models are also impacting the outlook for market growth.

Growing Preference for Online Shopping Invigorate the E-Commerce Industry

Retrieved on: 
Friday, November 11, 2022

NEW YORK, Nov. 11, 2022 /PRNewswire/ -- China's logistics and shipping industry has been growing at a rapid, yet steady pace for decades. However, the COVID-19 pandemic has accelerated development of the industry even further. In recent years, major shifts in shipping and logistics have started to take place. For example, according to McKinsey Insights, recent e-commerce patterns are fueling demand for air freight, an often-underappreciated value driver in the logistics sector. Traditionally, e-commerce supply chains relied mostly on maritime shipping to transport products in bulk to destination countries in advance, before local express providers take over the final leg of the delivery to the end customer. More recently though, there has been a shift in the industry, which is due to digital advances in e-commerce. These advances have empowered mass customization, especially in fast fashion, in what is termed the "direct line" model. This refers to transporting products in bulk via air freight to local postal companies in the final destination, empowering swift last-mile deliveries to the final customers. In fact, many Chinese companies including JD Logistics, Cainiao, SF Express, and YTO Express are actively growing their freighter fleets. This is a sign that the direct-line model is gradually replacing traditional postal and express delivery. Between 2016 and 2020, the demand for direct-line delivery has risen by 84%. Jowell Global Ltd. (NASDAQ: JWEL), ZTO Express (Cayman) Inc. (NYSE: ZTO), Grindrod Shipping Holdings Ltd. (NASDAQ: GRIN), BigCommerce Holdings, Inc. (NASDAQ: BIGC), eBay Inc. (NASDAQ: EBAY)

Key Points: 
  • More recently though, there has been a shift in the industry, which is due to digital advances in e-commerce.
  • In fact, many Chinese companies including JD Logistics, Cainiao, SF Express, and YTO Express are actively growing their freighter fleets.
  • The e-commerce market is driven, in large part, by the increasing preference for online shopping as well as the growing influence of social networking platforms on shopping habits.
  • In addition, the growing trend of private-label services and direct to consumer-based business models are also impacting the outlook for market growth.

The Constant of the Cannabis Market Generates Need for Intoxication Detection Devices

Retrieved on: 
Monday, November 7, 2022

NEW YORK, Nov. 7, 2022 /PRNewswire/ -- Presently, the medical cannabis sector accounts for a majority of the market share, as progress is slowly being made in removing the stigmas associated with such products. Overall, the legal cannabis market is permeating throughout the U.S. states and is helping to create a multi-billion-dollar industry. While medical cannabis still dominates that broad cannabis marketplace, the growing awareness and legalization efforts are expected to further propel the overall industry forward. In 2020, legal cannabis sales in the U.S were up 46% from 2019, reaching a new record of USD 17.5 Billion, according to cannabinoid market research firm BDSA. Cannabix Technologies Inc. (OTC: BLOZF) (CSE: BLO), SNDL Inc. (NASDAQ: SNDL), Tilray Brands, Inc. (NASDAQ: TLRY), Cronos Group Inc. (NASDAQ: CRON), Aurora Cannabis Inc. (NASDAQ: ACB)

Key Points: 
  • Overall, the legal cannabis market is permeating throughout the U.S. states and is helping to create a multi-billion-dollar industry.
  • While medical cannabis still dominates that broad cannabis marketplace, the growing awareness and legalization efforts are expected to further propel the overall industry forward.
  • The Company's proprietary breath capture and laboratory-based marijuana detection equipment (as described below) will be used to collect and confirm THC in breath samples.
  • The Cannabix BCU can be used to collect time of stop breath samples immediately upon suspicion of cannabis use by a driver.

E-Commerce Solutions Grow in Popularity Around the World

Retrieved on: 
Monday, November 7, 2022

NEW YORK, Nov. 7, 2022 /PRNewswire/ -- The e-commerce market continues to grow exponentially. According to data provided by Shopify, two years ago, only 17.8% of sales were made from online purchases. That number is expected to reach 21% in 2022, a 17.9% increase in e-commerce market share over two years. Growth is expected to continue, reaching 24.5% by 2025, which translates to a 6.7% increase in just five years. The number of active online stores around the world is rising in large part due to better internet infrastructure in emerging markets and thanks to an increasingly wide range of products that are now being sold exclusively online. And, according to research by eMarketer, online retail sales will reach USD 6.17 Trillion by 2023, with e-commerce websites taking up 22.3% of total retail sales. Jowell Global Ltd. (NASDAQ: JWEL), Etsy, Inc. (NASDAQ: ETSY), JD.com, Inc. (NASDAQ: JD), Shopify Inc. (NYSE: SHOP), Alibaba Group Holding Limited (NYSE: BABA)

Key Points: 
  • "Alibaba, JD.com and Pinduoduo will command 83.6% of the retail ecommerce market in 2020, compared with 80.3% last year.
  • Jowell Global Ltd.(NASDAQ: JWEL )just announced breaking news regarding its, "unaudited financial results for the third quarterended September 30, 2022.
  • Total revenues were $51.4 million, an increase of 17.2% from $43.8 million in the same period of 2021.
  • GMV in Q3 were $66.8 million, up 7.8% year over year, while total revenue grew by 17.2% year over year reaching $51.4 million.

Demand for Lithium Buoyed by the Growing Electrification of Vehicles

Retrieved on: 
Monday, November 7, 2022

NEW YORK, Nov. 7, 2022 /PRNewswire/ --  The electrification of vehicles is still in its infancy stage, and it is projected to attract a significant volume of lithium-ion batteries. Lithium-ion batteries are heavily adopted due to their compact size, rechargeability, recyclability and high-density energy output. As a result, such batteries are largely used in electric vehicles (EVs). Government subsidies for EVs, along with investments in this space, are likely to act as an additional booster to the growth of the market. Geographically, the Asia Pacific region dominated the market as it held the largest volume share of 56.3% in 2020, owing to the rapidly developing automotive, glass, and consumer goods industries in countries such as China, Japan, South Korea, and India. According to Grand View Research, the global lithium market size was valued at USD 6.83 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 12.0% from 2022 to 2030. Infinity Stone Ventures Corp. (OTC: GEMSF) (CSE: GEMS), Pilbara Minerals Limited (OTC: PILBF), American Lithium Corp. (OTC: LIACF), Albemarle Corporation (NYSE: ALB), Lake Resources N.L. (OTC: LLKKF)

Key Points: 
  • Infinity Stone Ventures Corp. (OTC: GEMSF) (CSE: GEMS), Pilbara Minerals Limited (OTC: PILBF), American Lithium Corp. (OTC: LIACF), Albemarle Corporation (NYSE: ALB), Lake Resources N.L.
  • (OTC: LLKKF)
    Lithium proved to be an essential mineral for the electrification of vehicles as LiOH, a white hygroscopic crystalline material and an inorganic compound, is mostly used by lithium-ion battery manufacturers.
  • "Broadening our partnership with MRL would allow us to expand lithium conversion capacity with increased optionality and reduced risk to help meet our global customers' growing need for high-quality, reliable lithium supply."
  • "Optimisation work continues on site; Lilac anticipate the first samples of Lithium Chloride will be shipped for conversion to Lithium Carbonate within two weeks."

The Constant of the Cannabis Market Generates Need for Intoxication Detection Devices

Retrieved on: 
Monday, November 7, 2022

NEW YORK, Nov. 7, 2022 /PRNewswire/ -- Presently, the medical cannabis sector accounts for a majority of the market share, as progress is slowly being made in removing the stigmas associated with such products. Overall, the legal cannabis market is permeating throughout the U.S. states and is helping to create a multi-billion-dollar industry. While medical cannabis still dominates that broad cannabis marketplace, the growing awareness and legalization efforts are expected to further propel the overall industry forward. In 2020, legal cannabis sales in the U.S were up 46% from 2019, reaching a new record of USD 17.5 Billion, according to cannabinoid market research firm BDSA. Cannabix Technologies Inc. (OTC: BLOZF) (CSE: BLO), SNDL Inc. (NASDAQ: SNDL), Tilray Brands, Inc. (NASDAQ: TLRY), Cronos Group Inc. (NASDAQ: CRON), Aurora Cannabis Inc. (NASDAQ: ACB)

Key Points: 
  • Overall, the legal cannabis market is permeating throughout the U.S. states and is helping to create a multi-billion-dollar industry.
  • While medical cannabis still dominates that broad cannabis marketplace, the growing awareness and legalization efforts are expected to further propel the overall industry forward.
  • The Company's proprietary breath capture and laboratory-based marijuana detection equipment (as described below) will be used to collect and confirm THC in breath samples.
  • The Cannabix BCU can be used to collect time of stop breath samples immediately upon suspicion of cannabis use by a driver.