NBI-1065845 is a small molecule commercialized by , with a leading Phase II program in Major Depressive Disorder. According to Globaldata, it is involved in 5 clinical trials, of which 4 were completed, and 1 is planned. Smarter leaders trust GlobalData The gold standard of business intelligence. The revenue for NBI-1065845 is expected to reach an annual total of $135 mn by 2034 globally based off GlobalData’s Expiry Model. The drug’s revenue forecasts along with estimated costs are used to measure the value of an investment opportunity in that drug, otherwise known as net present value (NPV). Applying the drug’s phase transition success rate to remaining R&D costs and likelihood of approval (LoA) to sales related costs provides a risk-adjusted NPV model (rNPV). The rNPV model is a more conservative valuation measure that accounts for the risk of a drug in clinical development failing to progress. NBI-1065845 Overview NBI-1065845 (TAK-653) is under development for major depressive disorder (MDD), treatment-resistant depression (TRD). It is administered orally as a tablet. It acts by targeting AMPA receptor. It was also under development for the treatment of neurological diseases. The drug candidate is a new molecular entity. Neurocrine Biosciences Overview (Neurocrine) is a biopharmaceutical company that discovers, develops, and markets neurological drugs. The company’s lead product Ingrezza, is a vesicular monoamine transporter 2 (VMAT2) inhibitor to treat adults with tardive dyskinesia and chorea associated with Huntington’s disease. It is developing a pipeline of drug candidates for various indications in neurology, neuroendocrinology, and neuropsychiatry. Neurocrine also conducts clinical trials and studies for diseases such as movement disorders, epilepsy, and congenital adrenal hyperplasia, among others. The company works in collaboration with and for products distribution. Neurocrine is headquartered in San Diego, California, the US. The company reported revenues of (US Dollars) US$1,887.1 million for the fiscal year ended December 2023 (FY2023), an increase of 26.8% over FY2022. In FY2023, the company’s operating margin was 13.3%, compared to an operating margin of 12% in FY2022. In FY2023, the company recorded a net margin of 13.2%, compared to a net margin of 10.4% in FY2022. The company reported revenues of US$590.2 million for the second quarter ended June 2024, an increase of 14.5% over the previous quarter. For a complete picture of NBI-1065845’s valuation, This content was updated on 11 March 2024 From Blending expert knowledge with cutting-edge technology, GlobalData’s unrivalled proprietary data will enable you to decode what’s happening in your market. You can make better informed decisions and gain a future-proof advantage over your competitors. , the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article. To create this model, GlobalData takes into account factors including patent law, known and projected regulatory approval processes, cash flows, drug margins and company expenses. Combining these data points with GlobalData’s world class analysis creates high value models that companies can use to help in evaluation processes for each drug or company. The rNPV method integrates the probability of a drug reaching a clinical stage into the cash flow at that time, which provides a more accurate valuation, as it considers the probability that the drug never makes it through the clinical pathway to commercialization. GlobalData’s rNPV model uses proprietary likelihood of approval (LoA) and phase transition success rate (PTSR) data for the indication in the highest development stage, which can be found on GlobalData’s .
Jagdalpur : Union Home Minister Amit Shah on Sunday, December 15, appealed to Naxals to give up arms and join the mainstream, or else they will have to face the strong action of security forces. He said the rehabilitation of the surrendered Naxals is the responsibility of the government. Addressing a sporting event — ‘Bastar Olympics’ — in Chhattisgarh’s Jagdalpur, Shah also said the country would be free of Maoists by March 2026. “I appeal to Naxals, please come forward. Give up arms, surrender and join the mainstream. Your rehabilitation is our responsibility,” he said. He said if the Maoists do not listen to the appeal of surrender, they will be crushed by the security forces. “Chhattisgarh Police is committed to fulfilling Prime Minister Narendra Modi’s resolve to make India Naxal-free by March 31, 2026,” he said. The Union home minister said the Chhattisgarh government’s rehabilitation policy is the best in the country. “If you surrender and join the mainstream, you will contribute to the development of Chhattisgarh and India,” he said. Shah said when the Congress was in power in Chhattisgarh before the BJP assumed charge a year ago, the action against the Maoists became slow. “But after our government came to power in Chhattisgarh, action against the extremists speeded up resulting in killings of 287 Naxals in last one year, arrest of 992 Naxals and surrender of 836 others,” he said. Shah said since the Modi government assumed charge, there has been a 73 per cent reduction in the casualties in security forces and a 70 per cent decline in civilian deaths. “If Naxalism ends in Bastar (Chhattisgarh), it will attract more tourists than Kashmir due to its natural beauty,” he said. He further said those who know the process of change taking place within the society also know that it is not limited to only 1.5 lakh people participating in the Bastar Olympics. “Everyone is saying that Bastar is changing. I assure you that when I come to the 2026 Bastar Olympics, I will say that Bastar has changed,” he said, adding that this change has been initiated by the Bastar Olympics. The Union home minister said this event will write a new saga of the development of Bastar in the coming days and will become a strong basis for the complete eradication of Naxalism. He also said many development works are being done, through which Naxalism is being defeated.
NoneNEW YORK (AP) — Shohei Ohtani won his third Most Valuable Player Award and first in the National League, and Aaron Judge earned his second American League honor on Thursday. Ohtani was a unanimous MVP for the third time, receiving all 30 first-place votes and 420 points in voting by the Baseball Writers’ Association of America. New York Mets shortstop Francisco Lindor was second with 263 points and Arizona second baseman Ketel Marte third with 229. Judge was a unanimous pick for the first time. Kansas City shortstop Bobby Witt Jr. got all 30 second-place votes for 270 points, and Yankees outfielder Juan Soto was third with 21 third-place votes and 229 points. Judge had discussed the MVP award with Philadelphia’s Bryce Harper, the NL winner in 2015 and ’21. “I was telling him, `Man, I’m going to try to catch up to you with these MVPs here, man,’” Judge recalled. “He’d say, hopefully, he could stay a couple ahead of me, which I think he’ll do.” Ohtani was unanimously voted the AL MVP in 2021 and 2023 as a two-way star for the Los Angeles Angels and finished second to Judge in 2022 voting . He didn’t pitch in 2024 following elbow surgery and signed a record $700 million, 10-year contract with the Los Angeles Dodgers last December. He was the first player to twice become an unanimous MVP. He combined with Atlanta outfielder Ronald Acuña Jr. in 2023 for the first year both MVPs were unanimous. Ohtani hit .310, stole 59 bases and led the NL with 54 homers and 130 RBIs exclusively as a designated hitter, becoming the first player with 50 or more homers and 50 or more stolen bases in a season. He helped the Dodgers to the World Series title , playing the final three games with a torn labrum in his left shoulder . Ohtani became the first primary DH to win an MVP. He joined Frank Robinson for Cincinnati in 1961 and Baltimore in 1966 as the only players to win the MVP award in both leagues. Ohtani is the 12th player with three or more MVPs, joining Barry Bonds (seven) and Jimmie Foxx, Joe DiMaggio, Stan Musial, Roy Campanella, Yogi Berra, Mickey Mantle, Mike Schmidt, Alex Rodriguez, Albert Pujols and Mike Trout (three each). Balloting was conducted before the postseason. Judge led the major leagues with 58 homers, 144 RBIs and 133 walks while hitting .322. Witt topped the big leagues with a .332 average, hitting 32 homers with 31 stolen bases and 109 RBIs. Soto batted .288 with 41 homers and 109 RBIs. When Judge won his first MVP award in 2022, he received 28 first-place votes while Ohtani got the other two. When Judge won his first MVP award in 2022, he received 28 first-place votes while Ohtani got the other two. He is the Yankees' 22nd MVP winner, four more than any other team. Judge was hitting .207 with six homers and 18 RBIs through April, then batted .352 with 52 homers and 126 RBIs in 127 games. “March and April were not my friend this year.” Judge said. “Just keep putting in the work and things are going to change. You can’t mope. You can’t feel sorry for yourself. Especially in New York, nobody’s going to feel sorry for you. So you just got to go out there and put up the numbers?” Balloting was conducted before the postseason. ___ AP MLB: https://apnews.com/MLB Ronald Blum, The Associated Press
SAN FRANCISCO (AP) — A 7.0 magnitude earthquake shook a large area of Northern California on Thursday, knocking items of grocery store shelves, sending children scrambling under desks and prompting a brief tsunami warning for 5.3 million people along the U.S. West Coast. The quake struck at 10:44 a.m. west of Ferndale, a small city in coastal Humboldt County, about 130 miles (209 km) from the Oregon border, the U.S. Geological Survey said. It was felt as far south as San Francisco, some 270 miles (435 km) away, where residents felt a rolling motion for several seconds. It was followed by multiple smaller aftershocks. There were no immediate reports of major damage or injury. The tsunami warning was in effect for roughly an hour. It was issued shortly after the temblor struck and covered nearly 500 miles (805 km) of coastline, from the edge of California’s Monterey Bay north into Oregon. “It was a strong quake, our building shook, we’re fine but I have a mess to clean up right now,” said Julie Kreitzer, owner of Golden Gait Mercantile, a store packed with food, wares and souvenirs that is a main attraction in Ferndale. “We lost a lot of stuff. It’s probably worse than two years ago. I have to go, I have to try and salvage something for the holidays because it’s going to be a tough year,” Kreitzer said before hanging up. The region — known for its redwood forests, scenic mountains and the three-county Emerald Triangle’s legendary marijuana crop — was struck by a 6.4 magnitude quake in 2022 that left thousands of people without power and water. The northwest corner of California is the most seismically active part of the state since it’s where three tectonic plates meet, seismologist Lucy Jones said on the social media platform BlueSky. Shortly after the quake, phones in Northern California buzzed with the tsunami warning from the National Weather Service that said: “A series of powerful waves and strong currents may impact coasts near you. You are in danger. Get away from coastal waters. Move to high ground or inland now. Keep away from the coast until local officials say it is safe to return.” South of San Francisco in Santa Cruz, authorities cleared the main beach, taping off entrances with police tape. Numerous cities urged people to evacuate to higher ground as a precaution, including Eureka. “I thought my axles had fallen apart,” said Valerie Starkey, a Del Norte County supervisor representing Crescent City, a town of fewer than 6,000 about 66 miles (106 km) north of Eureka. “That’s what I was feeling ... ‘My axles are broken now.’ I did not realize it was an earthquake.” Gov. Gavin Newsom said he has signed off on a state of emergency declaration to quickly move state resources to impacted areas along the coast. State officials were concerned about damages in the northern part of the state, Newsom said. Crews in Eureka, the biggest city in the region, were assessing if there was any major damage from the quake, Eureka Mayor Kim Bergel said. Bergel, who works as a resource aid at a middle school, said lights were swaying and everyone got under desks. “The kids were so great and terrified. It seemed to go back and forth for quite a long time,” she said. Some children asked, “Can I call my mom?" The students were later sent home. In nearby Arcata, students and faculty were urged to shelter in place at California State Polytechnic University, Humboldt. The campus in was not in the tsunami hazard zone and after inspections, “all utilities and building systems are normal and operational,” the university said in a statement. Humboldt County Sheriff William Honsal said residents experienced some cracks in their homes’ foundations, as well as broken glass and windows, but nothing severe. There also have been no major infrastructure problems, building collapses or roadway issues, and no major injuries or deaths have been reported, he said. Honsal said he was in his office in the 75-year-old courthouse in downtown Eureka when he felt the quake. “We’re used to it. It is known as ‘earthquake country’ up here,” he said. “It wasn’t a sharp jolt. It was a slow roller, but significant.” Michael Luna, owner of a Grocery Outlet in Eureka, said that besides a few items falling off shelves, the store on Commercial Street was unscathed by the earthquake. “We didn’t have any issues but a couple of deodorants fall off.... I think the way the earthquake rumbled this time, it was a good thing for our store because the last earthquake was a huge mess," he said. They evacuated customers and closed their doors temporarily until officials lifted the tsunami warning, he said, rushing off the phone to attend to a growing line of customers at check-out. The San Francisco Bay Area Rapid Transit District, known as BART, stopped traffic in all directions through the underwater tunnel between San Francisco and Oakland, and the San Francisco Zoo’s visitors were evacuated. Dave Snider, tsunami warning coordinator for the Tsunami Warning Center in Alaska, said the computer models indicated that this was the type of earthquake that was unlikely to cause a tsunami and gauges that monitor waves then confirmed it, so forecasters canceled the warning. This quake was a strike-slip type of temblor that shifts more horizontally and is less prone to cause tsunamis, unlike the more vertical types, said National Weather Service tsunami program manager Corina Allen in Washington state. The California Geological Survey says the state’s shores have been struck by more than 150 tsunamis since 1800, and while most were minor, some have been destructive and deadly. On March 28, 1964, a tsunami triggered by a powerful earthquake in Alaska smashed into Crescent City hours later. Much of the business district was leveled and a dozen people were killed. More recently, a tsunami from a 2011 earthquake in Japan caused about $100 million in damages along the California coast, much of it in Crescent City. _____ Dazio reported from Los Angeles. AP writers Chris Weber and Dorany Pineda in Los Angeles; Martha Mendoza in Santa Cruz, California; Sophie Austin and Tran Nguyen in Sacramento, California and Seth Borenstein in Washington, D.C. contributed to this report. Olga R. Rodriguez And Stefanie Dazio, The Associated PressRisk adjusted net present value: What is the current valuation of Merus’s MCLA-129?
The Chicago Blackhawks need to fix a problem. Connor Bedard is the face of the franchise because of his previous domination in the levels leading up to the NHL. He was the number one pick in the 2023 NHL Draft with the hype of being generational. Following a rookie season that won him the Calder Trophy, there has been somewhat of a sophomore slump so far this year. His assist total (12) is fine but he only has three goals and has gone 11 straight without one. Things have been bad in other areas of the game as well. While he was on the ice against the Florida Panthers on Thursday night, the Hawks were outshot 10-0. Luckily, he was able to be a passenger for a big win over the defending champions. After practice on Thursday, Bedard spoke and had some things to start that you don’t want to hear from a young superstar. Connor Bedard looked the most discouraged I've ever seen him after practice today. "I could name 100 things [I could do better]. I don't know, man. It's been frustrating, for sure. I just don't feel like I'm really doing anything. Keep chipping away at it, I guess, and hopefully... — Ben Pope (@BenPopeCST) Bedard is incredibly down on himself. Your confidence isn’t always going to be at the highest level but this is a new low. It isn’t good that he feels like he’s doing nothing at all. Whether it’s GM Kyle Davidson, head coach Luke Richardson, captain Nick Foligno, or anyone in the organization, one of these elders must get in Bedard’s head and feed him positivity. If they don’t, it’s going to be a long season for the 19-year-old. Bedard’s next chance to find the back of the net will come in a Saturday matinee. They are off to Philly to take on the Philadelphia Flyers. This is a one-game road trip before returning home ahead of Thanksgiving. Earlier in the week, Teuvo Teravainen had similar comments about his lack of confidence. One day later, he came out and scored. Now, Bedard would like the same thing to happen to him. He has too much talent to feel like this.NEW YORK , Dec. 15, 2024 /PRNewswire/ -- The global workforce management software market size is estimated to grow by USD 3.08 billion from 2024 to 2028, according to Technavio. The market is estimated to grow at a CAGR of 7.66% during the forecast period. The report provides a comprehensive forecast of key segments below- Segmentation Overview Get a glance at the market contribution of rest of the segments - Download a FREE Sample Report in minutes! 1.1 Fastest growing segment: Cloud-based workforce management software allows businesses to manage their employees remotely with accessibility from anywhere via the internet. This solution offers features such as time tracking, scheduling, and communication. The cloud- segment is projected to expand rapidly due to its ability to provide global, up-to-date information from a unified platform. Enterprises benefit from reliability, visibility, and flexibility to accommodate diverse HR needs worldwide. Cloud-based workforce management software can be deployed faster and updated seamlessly, providing users with the latest functionalities without additional client effort. These advantages make cloud-based WFM software increasingly popular for managing dynamic and remote workforces, fueling the market's growth during the forecast period. Analyst Review The Workforce Management Software market is a dynamic and evolving industry that caters to businesses seeking to optimize their workforce and streamline operations. This software solutions segment encompasses a range of applications, including remote work tools, employee management systems, labor management software, and staff scheduling solutions. These platforms enable businesses to effectively manage their workforce, predict workforce needs, and optimize scheduling for various industries such as healthcare and field services. Key features of workforce management software include task management, workforce prediction, time tracking, and labor analytics. Additionally, mobile applications, AI, predictive analytics, and business intelligence solutions are increasingly being integrated to enhance productivity, customer service, and compliance with labor laws. Hybrid workforces, including in-store employees and IT resources, also benefit from these solutions, allowing for efficient management of both remote and on-premises teams. Market Overview The Workforce Management Software market is experiencing significant growth due to the increasing trend of remote work and the need for efficient Employee Management, Labor Management, and HR Management in various industries. The market caters to Business Operations in sectors like Healthcare, Construction, Packaging, Aerospace, and Manufacturing, among others. This software enables Workforce Prediction, Scheduling, Task Management, Rewards, and Time and Attendance tracking. It also offers Workforce Optimization through AI and Machine Learning, Cloud Computing, and Big Data analysis. The market includes solutions for Contact Centers, Back Offices, Energy and Utilities, and IT Resources. Compliance with labor laws and resource allocation are crucial aspects of this software. The market is witnessing a shift towards digital solutions, including mobile applications, and the adoption of cloud segment for its scalability and accessibility. Remote workforces, including in-store employees, field service providers, and remote agents, are also being effectively managed through these solutions. Employee training and fatigue management are additional features that enhance productivity and ensure workforce readiness. 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/ View original content to download multimedia: https://www.prnewswire.com/news-releases/workforce-management-software-market-size-to-increase-by-usd-3-08-billion-between-2023-to-2028--market-segmentation-by-end-user-deployment-geography--technavio-302331349.html SOURCE Technavio“It’s my attitude towards failure that brought me here”: Anupam Kher at IFFI
Argentina's Racing wins its first Copa Sudamericana championship by beating Brazil's Cruzeiro 3-1Consumer Reports survey finds EV reliability improving, but lags gas models
Stocks closed higher on Wall Street as the market posted its fifth straight gain and the Dow Jones Industrial Average notched another record high. The S&P 500 rose 0.3%. The benchmark index’s 1.7% gain for the week erased most of its loss from last week. The Dow rose 1% as it nudged past its most recent high set last week, and the Nasdaq composite rose 0.2%. Markets have been volatile over the last few weeks, losing ground in the runup to elections in November, then surging following Donald Trump's victory, before falling again. The S&P 500 has been steadily rising throughout this week to within close range of its record. It's now within about 0.5% of its all-time high set last week. “Overall, market behavior has normalized following an intense few weeks,” said Mark Hackett, chief of investment research at Nationwide, in a statement. Several retailers jumped after giving Wall Street encouraging financial updates. Gap soared 12.8% after handily beating analysts' third-quarter earnings and revenue expectations, while raising its own revenue forecast for the year. Discount retailer Ross Stores rose 2.2% after raising its earnings forecast for the year. EchoStar fell 2.8% after DirecTV called off its purchase of that company's Dish Network unit. Smaller company stocks had some of the biggest gains. The Russell 2000 index rose 1.8%. A majority of stocks in the S&P 500 gained ground, but those gains were kept in check by slumps for several big technology companies. Nvidia fell 3.2%. Its pricey valuation makes it among the heaviest influences on whether the broader market gains or loses ground. The company has grown into a nearly $3.6 trillion behemoth because of demand for its chips used in artificial-intelligence technology. Intuit, which makes TurboTax and other accounting software, fell 5.7%. It gave investors a quarterly earnings forecast that fell short of analysts’ expectations. Facebook owner Meta Platforms fell 0.7% following a decision by the Supreme Court to allow a multibillion-dollar class action investors’ lawsuit to proceed against the company. It stems from the privacy scandal involving the Cambridge Analytica political consulting firm. All told, the S&P 500 rose 20.63 points to 5,969.34. The Dow climbed 426.16 points to 44,296.51, and the Nasdaq picked up 42.65 points to close at 2,406.67. European markets closed mostly higher and Asian markets ended mixed. Crude oil prices rose. Treasury yields held relatively steady in the bond market. The yield on the 10-year Treasury fell to 4.41% from 4.42% late Thursday. In the crypto market, bitcoin hovered around $99,000, according to CoinDesk. It has more than doubled this year and first surpassed the $99,000 level on Thursday. Retailers remained a big focus for investors this week amid close scrutiny on consumer spending habits headed into the holiday shopping season. Walmart, the nation's largest retailer, reported a quarter of strong sales and gave investors an encouraging financial forecast. Target, though, reported weaker earnings than analysts' expected and its forecast disappointed Wall Street. Consumer spending has fueled economic growth, despite a persistent squeeze from inflation and high borrowing costs. Inflation has been easing and the Federal Reserve has started trimming its benchmark interest rates. That is likely to help relieve pressure on consumers, but any major shift in spending could prompt the Fed to reassess its path ahead on interest rates. Also, any big reversals on the rate of inflation could curtail spending. Consumer sentiment remains strong, according to the University of Michigan's consumer sentiment index. It revised its latest figure for November to 71.8 from an initial reading of 73 earlier this month, though economists expected a slight increase. It's still up from 70.5 in October. The survey also showed that consumers' inflation expectations for the year ahead fell slightly to 2.6%, which is the lowest reading since December of 2020. Wall Street will get another update on how consumers feel when the business group The Conference Board releases its monthly consumer confidence survey on Tuesday. A key inflation update will come on Wednesday when the U.S. releases its October personal consumption expenditures index. The PCE is the Fed's preferred measure of inflation and this will be the last PCE reading prior to the central bank's meeting in December.Valerie Bertinelli, 64, celebrates two years of 'freedom' following her divorce from Tom Vitale
Dilok Klaisataporn LGLV strategy SPDR® SSGA US Large Cap Low Volatility Index ETF ( NYSEARCA: LGLV ) was listed on 02/20/2013 and tracks the SSGA US Large Cap Low Volatility Index. It has a portfolio of 163 stocks, a 30-day SEC yield Quantitative Risk & Value (QRV) provides you with risk indicators and data-driven, time-tested strategies. Get started with a two-week free trial now. Fred Piard, PhD. is a quantitative analyst and IT professional with over 30 years of experience working in technology. He is the author of three books and has been investing in data-driven systematic strategies since 2010. Quantitative Risk & Value Learn more Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.Vikings right guard Dalton Risner says he’ll continue to get better at new position
BIG NINE CONFERENCE • Jocelyn Mrozek made 38 saves, but Red Wing fell to visiting Mankato West 8-3. Amelia Grove , Peyton Nelson and Norah Butenhoff scored for the Wingers. Marleigh Jordan scored four times for West. ADVERTISEMENT NON-CONFERENCE • Ida Huber made 35 saves, while Bryn Spreiter and Maysie Koch scored once each as Dodge County, ranked No. 2 in the state in Class 1A, tied Minnetonka, the No. 1 ranked team in Class 2A. Dodge County is now 5-0-1 overall.Flyers’ Matvei Michkov scores game-winning goal in overtime against BlackhawksNEW YORK , Dec. 15, 2024 /PRNewswire/ -- The global fantasy sports market size is estimated to grow by USD 9.72 billion from 2024 to 2028, according to Technavio. The market is estimated to grow at a CAGR of 7.05% during the forecast period. For comprehensive forecast and historic data on regions,market segments, customer landscape, and companies- Click for the snapshot of this report Report Attribute Details Base Year 2023 Forecast period 2024-2028 Historic Data for 2018 - 2022 Segments Covered Product (Fantasy soccer, Fantasy baseball, Fantasy basketball, Fantasy football, and Others), Platform (Mobile application and Website), and Geography (North America, Europe, APAC, South America, and Middle East and Africa) Key Companies Covered APKMozo.com, Blitz Studios Inc., Dream Sports, FantasyPros.com, Fantrax, Flutter Entertainment Plc, Fox Corp., GamesKraft Technologies Pvt. Ltd., GDC Media Ltd., Head Digital Works Pvt. Ltd., i3 Interactive Inc., MyTeam11, NFL Enterprises LLC, Paramount Global, Playerzpot Media Pvt Ltd, Premier League Ltd., RealTime Fantasy Sports Inc., Sachar Gaming Pvt. Ltd., Sorare, and Yahoo Regions Covered North America, Europe, APAC, South America, and Middle East and Africa Region Outlook North America Europe Asia Rest of World 1. North America - North America is estimated to contribute 37%. To the growth of the global market. The Fantasy Sports Market report forecasts market growth by revenue at global, regional & country levels from 2017 to 2027. The North American fantasy sports market is primarily driven by the substantial player base in the region, which exceeds 50 million individuals. This figure continues to expand annually. The market's growth is attributed to the enhanced user experience offered by fantasy sports platforms. Additionally, the popularity of sports like football and Internet infrastructure contribute significantly to the market's strength. Notably, North American gamers have a higher disposable income compared to their counterparts in other regions, making it an attractive market for vendors. Key players in the North American market include Activision Blizzard, Electronic Arts, and Microsoft. For more insights on North America's significant contribution along with the market share of rest of the regions and countries - Download a FREE Sample Segmentation Overview Product 1.1 Fantasy soccer 1.2 Fantasy baseball 1.3 Fantasy basketball 1.4 Fantasy football 1.5 Others Platform 2.1 Mobile application 2.2 Website Geography 3.1 North America 3.2 Europe 3.3 APAC 3.4 South America 3.5 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. Research Analysis 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. Start exploring market insights by 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/ View original content to download multimedia: https://www.prnewswire.com/news-releases/fantasy-sports-market--37-of-growth-to-originate-from-north-america-technavio-302331215.html SOURCE Technavio © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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