Connect with us

Technology

Media and Entertainment (M&E) Storage Market to Grow by USD 18.96 Billion (2024-2028) as Shift to Digital Advertising Expands, with AI Redefining the Market Landscape – Technavio

Published

on

NEW YORK, Oct. 16, 2024 /PRNewswire/ — Report with market evolution powered by AI – The Global Media and Entertainment (M & E) storage market size is estimated to grow by USD 18.96 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of over 15.2% during the forecast period. growing shift from traditional to digital advertising channels is driving market growth, with a trend towards high broadcasting cost. However, threat to data security poses a challenge – Key market players include Adobe Inc., Alphabet Inc., Amazon.com Inc., Cisco Systems Inc., CK Birla Group, D Link Corp., Dell Technologies Inc., Hewlett Packard Enterprise Co., Hitachi Ltd., International Business Machines Corp., Lenovo Group Ltd., Microsoft Corp., NetApp Inc., NVIDIA Corp., Oracle Corp., Pure Storage Inc., Seagate Technology Holdings Plc, Toshiba Corp., Wasabi Holding Co. Inc., and Western Digital Corp..

Key insights into market evolution with AI-powered analysis. Explore trends, segmentation, and growth drivers- View the snapshot of this report

Media And Entertainment (M And E) Storage Market Scope

Report Coverage

Details

Base year

2023

Historic period

2018 – 2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 15.2%

Market growth 2024-2028

USD 18955.6 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

12.86

Regional analysis

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

Performing market contribution

APAC at 34%

Key countries

US, China, UK, Germany, and Japan

Key companies profiled

Adobe Inc., Alphabet Inc., Amazon.com Inc., Cisco Systems Inc., CK Birla Group, D Link Corp., Dell Technologies Inc., Hewlett Packard Enterprise Co., Hitachi Ltd., International Business Machines Corp., Lenovo Group Ltd., Microsoft Corp., NetApp Inc., NVIDIA Corp., Oracle Corp., Pure Storage Inc., Seagate Technology Holdings Plc, Toshiba Corp., Wasabi Holding Co. Inc., and Western Digital Corp.

 

Market Driver

The introduction of 4K2K TVs with superior picture clarity and resolution has brought significant change to the Media and Entertainment (M and E) Storage Market. Broadcasters face substantial investments to produce 4K UHD channels, with costs ranging from USD9 million to USD16 million – nearly five times the cost of HD channels. Upgrading infrastructure also requires high capital expenditure. Limited broadcasters, like Netflix and Amazon, offer 4K content streaming due to these expenses. However, alliances between broadcasters and consumer electronics companies promote 4K content, increasing 4K2K TV penetration. The growth in 4K UHD content and supporting displays necessitates higher storage capacity, driving market expansion during the forecast period. 

The Media and Entertainment (M and E) storage market is experiencing significant growth due to the increasing demand for high-quality digital content in various formats like video, audio, and multimedia files. Trends such as Artificial Intelligence (AI) and Internet of Things (IoT) are driving the need for advanced storage solutions that can handle high definition, 8K media, and real-time streaming. Content production technologies require scalable storage solutions for remote collaboration and cloud retrieval. Data integrity and protection mechanisms are crucial for backup, archiving, and disaster recovery. High-capacity storage, advanced data analytics, and automation are essential for production workflows. Machine learning algorithms, metadata tagging, and content classification help in efficient content management. Cloud-based storage, on-premises servers, and a tiered storage approach are popular storage technologies for M and E industries. Archival regulations and on-demand content require data management solutions. Solid State Drives (SSDs) offer faster access to content creation and video editing. 

Request Sample of our comprehensive report now to stay ahead in the AI-driven market evolution!

 Market Challenges

The media and entertainment (M and E) storage market is driven by significant demand from broadcasters, who are major end-users and significant revenue contributors. In contrast, the music streaming industry, which relies on digital networks and the Internet, faces challenges related to data security and licensing issues. Streaming service providers must address concerns over digital rights misuse, as vulnerabilities such as human errors or data breaches can result in confidential information disclosure. The streaming platform’s multi-hosting nature increases security risks, as data leakage and misuse are potential threats while transitioning between platforms. Adherence to complex licensing procedures and strict guidelines is essential for vendors to efficiently monitor data security and protect sensitive user and publisher information. Failure to do so may result in reputational damage and loss of consumer confidence, ultimately impacting revenue growth for both streaming services and storage solution providers.The Media and Entertainment (M and E) storage market faces several challenges in managing and storing digital content. Content creation requires high-quality, scalable storage solutions for digital content in various formats, including high resolution and high definition. Storage technologies like cloud-based, object, direct attached, network attached, and hybrid solutions are used to meet these needs. Archival regulations and data management are crucial for long-term storage of content. On-demand content and real-time streaming require high-performance storage and efficient workflows. Data security is essential for protecting valuable intellectual property. High data transfer rates and large storage capacity are necessary for handling large files and workflows in video editing, post-production, and broadcast. Smart devices and broadband internet enable digital content consumption on various platforms. Emerging technologies like virtual reality gaming, 4K UHD content, and versatile video coding require solid-state storage and archiving solutions. Media agencies, advertising, and various industries rely on M and E storage for content distribution and creation. Data security, high performance, and real-time video are essential for meeting the demands of the digital age.

Discover how AI is revolutionizing market trends- Get your access now!

Segment Overview 

This media and entertainment (m and e) storage market report extensively covers market segmentation by

End-user 1.1 Broadcast1.2 Production and post-production1.3 Media agencies1.4 Advertising1.5 OthersSolution 2.1 Network-attached2.2 Storage area network2.3 Direct-attached storageGeography 3.1 North America3.2 Europe3.3 APAC3.4 South America3.5 Middle East and Africa

1.1 Broadcast- The global media and entertainment (M and E) storage market in the broadcast sector is projected to expand significantly during the forecast period. This growth is primarily driven by the increasing number of broadcasters worldwide. Media storage solutions enable broadcasters to offer media streaming services to a large audience. Streaming media devices allow users to access online content on TVs, with many viewers using them multiple times a week. Service providers analyze user viewing habits to offer personalized content, enhancing consumer engagement. Streaming models, such as subscription or pay-per-view, provide uninterrupted access to movies and TV series. User-friendly interfaces and simplified video on demand (VOD) options are essential for service providers to compete effectively. The increasing Internet penetration, particularly in emerging markets like India and China, is fueling the growth of the VOD market. Hotstar, a VOD platform in India, experienced significant growth in 2022. The high-speed Internet enables seamless video streaming, driving market growth in the forecast period. Streaming media devices are popular as they offer a superior viewing experience, allowing users to watch movies, sports, and TV series on their TV sets.

Download a Sample of our comprehensive report today to discover how AI-driven innovations are reshaping competitive dynamics

Research Analysis

The Media and Entertainment (M and E) storage market is a dynamic and ever-evolving industry that caters to the growing demand for high-quality, on-demand digital content. With the content creation across various genres, from high definition videos to virtual reality gaming, the need for and scalable storage solutions has become paramount. Storage technologies have evolved significantly, with cloud-based options becoming increasingly popular due to their flexibility and cost-effectiveness. Data management is a critical aspect of M and E storage, with archival regulations and data protection mechanisms ensuring data integrity and availability. High resolution formats, such as 4K UHD content and 8K media, require high-performance storage solutions to ensure seamless playback and editing. Content production technologies, including digital video recorders and versatile video coding, enable the creation and distribution of multimedia files in real time. Scalability and remote collaboration are essential features of modern M and E storage systems, allowing for efficient post-production and editing processes. Backup and disaster recovery solutions ensure data protection and business continuity, making them an essential component of the M and E storage landscape.

Market Research Overview

The Media and Entertainment (M and E) storage market is a dynamic and ever-evolving industry that caters to the demands of content creation, distribution, and consumption. With the digital content production, high-quality on-demand streaming, and real-time video delivery, the need for scalable storage solutions has become crucial. M and E storage technologies include various options such as cloud-based storage, object storage, direct attached storage, network attached storage, and storage area networks. Content creation involves high-resolution formats, including 4K UHD and 8K media, which require high-performance storage solutions. Digital content, including video, audio, and multimedia files, necessitates efficient workflow collaboration and digital preservation. Data management is a critical aspect of M and E storage, with archival regulations, data security, and data integrity being essential considerations. Advanced data analytics, automation, and machine learning algorithms are also increasingly being adopted to optimize production workflows and enhance content classification. The M and E storage market is influenced by various factors, including content distribution, video editing, real-time streaming, and broadcast. The advent of smart devices, broadband internet, and high data transfer rates have led to an increase in digital content consumption. Emerging technologies such as virtual reality gaming, online gaming, and Versatile Video Coding (VVC) are also driving the demand for advanced storage solutions. The market is witnessing a shift towards hybrid storage solutions, including solid-state drives, hard disk drives, digital tape, and cloud storage solutions. These solutions offer a tiered storage approach, disaster recovery, and backup capabilities, ensuring data protection and business continuity. In summary, the M and E storage market is a complex and diverse landscape that requires innovative and flexible storage solutions to cater to the evolving needs of content creation, distribution, and consumption. The market is influenced by various factors, including technology trends, regulatory requirements, and consumer preferences.

Table of Contents:

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

End-userBroadcastProduction And Post-productionMedia AgenciesAdvertisingOthersSolutionNetwork-attachedStorage Area NetworkDirect-attached StorageGeographyNorth AmericaEuropeAPACSouth AmericaMiddle East And Africa

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/

View original content to download multimedia:https://www.prnewswire.com/news-releases/media-and-entertainment-me-storage-market-to-grow-by-usd-18-96-billion-2024-2028-as-shift-to-digital-advertising-expands-with-ai-redefining-the-market-landscape—technavio-302276968.html

SOURCE Technavio

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

TECNO Unveiled as Title Sponsor of The SAFF Championship Bangladesh 2026, Bringing AI Innovation to South Asian Football

Published

on

By

As Official Title Sponsor, TECNO joins hands with SAFF to inspire the next generation through football, innovation, and meaningful fan experiences.

DHAKA, Bangladesh, July 25, 2026 /PRNewswire/ — TECNO, an AI-driven innovative technology brand, officially announced its title sponsorship of the SAFF Championship Bangladesh 2026, South Asia’s premier international football tournament, during the tournament’s official launch ceremony in Dhaka.

Scheduled to take place from 4–17 November 2026, the championship will bring together South Asia’s leading national teams, celebrating the region’s passion for football while strengthening friendship, sporting excellence, and regional unity.

The partnership marks another milestone in TECNO’s global football journey while reinforcing the brand’s long-term commitment to South Asia—one of its most important strategic markets. Guided by its brand spirit, “Stop At Nothing,” TECNO believes football embodies the same values that define the brand: ambition, resilience, innovation, and the courage to pursue every dream.

A New Chapter for South Asian Football

The title sponsorship was officially announced during the SAFF Championship Bangladesh 2026 Official Launch Press Conference held in Dhaka. The event brought together representatives from the South Asian Football Federation (SAFF), the Bangladesh Football Federation (BFF), TECNO’s global and Bangladesh leadership teams, SAFF Member Associations, national team representatives, members of the diplomatic community, media, and digital creators to celebrate the official launch of the championship and TECNO’s role as its Title Sponsor.

Mr. Purushottam Kattel, General Secretary of SAFF, said: “The SAFF Championship represents the highest stage of football in South Asia, bringing together our Member Associations through competition, friendship, and a shared passion for the game. Today, as we unveil the identity of the SAFF Championship Bangladesh 2026, we are delighted to welcome TECNO as our Title Sponsor. This partnership reflects a shared commitment to elevating football across the region, and together we look forward to delivering a championship that inspires millions of supporters and creates lasting memories for South Asian football.”

Following the official logo unveiling ceremony, SAFF and TECNO exchanged the Title Sponsorship Agreement, formally launching their collaboration for the SAFF Championship Bangladesh 2026 and reaffirming their shared commitment to delivering an outstanding football experience for fans across South Asia.

A Shared Vision for Football

Delivering a recorded message during the ceremony, Guo Lei, General Manager of TECNO, reaffirmed the brand’s belief that football is a powerful platform for inspiring young people, connecting communities, and bringing innovation closer to fans.

“South Asia is home to one of the world’s youngest and most passionate football communities. Football has the unique power to bring people together beyond borders and cultures. We are proud to continue TECNO’s football journey through the SAFF Championship Bangladesh 2026 and look forward to working with SAFF to create unforgettable experiences for millions of football fans across the region.”

Speaking on behalf of TECNO Bangladesh, Rezwanul Hoque, CEO of Ismartu Technology BD Limited, said: “Football has become an important part of TECNO’s global journey because it reflects the values we believe in: passion, resilience, and the courage to dream bigger. Following our partnership with the Bangladesh Football Federation during the AFC Asian Cup Qualifiers, we are honoured to continue that journey as the Title Sponsor of the SAFF Championship Bangladesh 2026. Guided by our brand spirit, ‘Stop At Nothing,’ we look forward to working with SAFF and BFF to create a championship that inspires players, unites communities, and leaves a lasting legacy for football across South Asia.”

Welcoming the championship to Bangladesh, Mr. Fahad Karim, Vice President of the Bangladesh Football Federation (BFF), highlighted Bangladesh’s role as the host nation and officially marked the beginning of the journey toward the championship this November.

“Hosting the SAFF Championship 2026 is a proud moment for Bangladesh and an important milestone for football in our country. Today marks the beginning of our journey toward November, and we look forward to welcoming our fellow South Asian nations to Bangladesh for a championship that celebrates football, friendship, and regional unity. We are delighted to welcome TECNO as the Title Sponsor, and together with SAFF, our Member Associations, and our partners, we look forward to making this a memorable tournament for players, supporters, and the entire South Asian football community.”

TECNO’s Global Football Journey Continues

Football has been at the heart of TECNO’s global brand journey for nearly a decade. Through partnerships with Manchester City Football Club, the CAF Africa Cup of Nations, and the AFC Club Competitions, TECNO has consistently used football as a platform to inspire young people, connect communities, and celebrate the power of sport.

In Bangladesh, TECNO strengthened that commitment through its title sponsorship of the AFC Asian Cup Qualifiers in partnership with the Bangladesh Football Federation. The overwhelming passion shown by Bangladeshi supporters reaffirmed the country’s vibrant football culture and inspired TECNO to deepen its engagement with the sport.

The SAFF Championship Bangladesh 2026 represents the next chapter in TECNO’s football journey, reinforcing the brand’s commitment to South Asia and its rapidly growing community of young football fans.

Growing Together with Bangladesh

Bangladesh continues to be one of TECNO’s most important strategic markets. Alongside its growing smartphone business, the brand is expanding its AI ecosystem and strengthening long-term investments in retail, innovation, and local partnerships—reflecting its confidence in the country’s digital future and youthful consumer base.

Beyond technology, TECNO remains committed to empowering the next generation by supporting platforms that encourage ambition, creativity, and meaningful human connection.

Football Meets AI Innovation

Throughout the championship, TECNO plans to showcase AI-powered experiences designed to bring fans closer to the game. Powered by Ella, TECNO’s AI assistant, these experiences are intended to demonstrate how intelligent technology can enrich football engagement through interactive match information, smarter fan interactions, and immersive digital experiences.

By combining the emotional power of football with accessible AI innovation, TECNO and SAFF share a common vision of inspiring young people, strengthening communities, and creating richer experiences for football fans across South Asia.

As the countdown to November 2026 begins, TECNO, SAFF, and the Bangladesh Football Federation share a common ambition—to deliver a championship that celebrates the passion of South Asian football while inspiring the next generation through innovation, partnership, and the enduring spirit of “Stop At Nothing.”

Photo – https://mma.prnewswire.com/media/3007765/image1.jpg

Photo – https://mma.prnewswire.com/media/3007766/image2.jpg

Logo – https://mma.prnewswire.com/media/2724870/TECNO_Logo.jpg

View original content:https://www.prnewswire.com/in/news-releases/tecno-unveiled-as-title-sponsor-of-the-saff-championship-bangladesh-2026-bringing-ai-innovation-to-south-asian-football-302834662.html

Continue Reading

Technology

Tony Jaa Becomes GAC’s 30-Millionth Customer – GAC Wins Global Trust with “True Craftsmanship”

Published

on

By

GUANGZHOU, China, July 25, 2026 /PRNewswire/ — On July 16, at the roll-off ceremony for GAC’s 30-millionth vehicle, Feng Xingya, Chairman of GAC Group, handed over the key to the right-hand-drive GAC M8 PHEV (named GN8 overseas) to Tony Jaa. The milestone vehicle is headed straight for overseas markets.

Thai action superstar Tony Jaa’s choice reflects the trust of 30 million customers worldwide. That trust is built not on showmanship, but on GAC’s solid manufacturing “true craftsmanship.”

From Guangzhou to the world, there are no shortcuts – quality speaks for itself. While the industry runs standard “three-high” tests, GAC pushes further with “five-high, one-mountain, one-dust” extreme vehicle trials. New models undergo at least “two winters and one summer” of validation – a minimum 18 months of real-world road testing, covering 12 major categories and over 1,500 sub-items across wind tunnel labs and proving grounds.

For each overseas market, GAC conducts additional adaptive testing for local climate and road conditions – from Middle Eastern desert heat to Southeast Asia’s humidity and heavy rains.

Quality consistency starts at the smart manufacturing front. GAC’s AION Intelligent Eco-Plant is the world’s first “Lighthouse Factory” for new energy vehicles, featuring full-process digital quality monitoring. Automated robots with AI vision systems deliver millisecond response and millimeter-level precision – ensuring uniform quality whether vehicles roll off lines in Guangzhou or overseas plants.

Safety comes first. GAC’s magazine battery has been deployed in 1.5 million vehicles, accumulating over 160 billion kilometers of safe driving. The Starlink Safety Protection System serves nearly 2 million users, preventing 6.28 million potential incidents.

With this commitment to quality and safety, GAC has established a presence in 110 countries and won the trust of 30 million users. Standing at this new milestone, GAC will continue to refine its craftsmanship and deliver worry-free, high-quality mobility experiences to every customer worldwide.

For further information about GAC, please visit: https://www.gacgroup.com/en or follow us on social media.

View original content to download multimedia:https://www.prnewswire.co.uk/news-releases/tony-jaa-becomes-gacs-30-millionth-customer–gac-wins-global-trust-with-true-craftsmanship-302834637.html

Continue Reading

Technology

Alisira OÜ Publishes Findings on Why Most Marketing Dashboards Miss the Metrics That Matter

Published

on

By

Alisira OÜ has published a set of findings examining why so many marketing dashboards continue to fail to surface the numbers that actually shape decisions. The review looks at the gap between the volume of data modern platforms can collect and the amount that actually gets used when a marketing team sits down to figure out what is supposed to happen next.

TALLINN, Estonia, July 25, 2026 /PRNewswire-PRWeb/ — A Widening Gap Between Data Collection and Decision-Making

What there is often a shortage of, according to Alisira, is a dashboard that actually connects the numbers it displays to a decision someone in the room is genuinely trying to make. That distinction is where most measurement setups tend to fall apart quietly. A dashboard can be full of activity metrics, things like impressions, click volume, and session counts, without ever getting around to answering the question a budget owner is really asking. That question is usually some version of whether a given effort is working and whether more resources should be put behind it. Engagement is easy to display. Revenue contribution by channel takes more work to calculate correctly, particularly once multiple touchpoints and delayed purchases are involved, so it is the piece that tends to be most often left out of the weekly report. However, it is also the piece that leadership actually cares about when the conversation turns serious.

Where Standard Dashboards Fall Short

Alisira’s review identifies several categories of metrics that tend to be underrepresented on standard marketing dashboards, even in cases where the underlying data would in principle be accessible:

Cross-channel attribution, as opposed to last-click or single-platform creditCustomer lifetime value by acquisition source, rather than only first-purchase conversion ratesTime-to-conversion, which is frequently collapsed into a single count with no indication of the lag that is actually involvedAssisted conversions, where a channel contributed to a sale without being the final touchpointCohort-based retention figures, in place of a single blended retention % that has a tendency to hide which groups are actually staying and which are quietly leaving

Part of the difficulty is traceable back to how fragmented most measurement setups tend to be in the first place. Only 32% of marketers globally measure their media spending across both digital and traditional channels, according to Nielsen, which leaves the majority of teams working from a partial view before the dashboard-design questions have even come into play. Alisira’s findings suggest this is less a tooling problem than it is a structural one. What most organizations lack, more often than not, is a single point in the workflow where channel-level data is reconciled before it reaches a decision-maker in a usable form.

Alisira OÜ frames these findings as part of a broader shift away from dashboards built to display everything a platform can track, toward dashboards built around a smaller, more deliberate set of numbers tied to what a team actually decides to do next. The company plans to continue publishing analysis on measurement practices and marketing reporting in the months ahead.

Media Contact

Norman Drew, Alisira OÜ, 372 53687131, info@alisira.net, https://www.alisira.net/

View original content:https://www.prweb.com/releases/alisira-ou-publishes-findings-on-why-most-marketing-dashboards-miss-the-metrics-that-matter-302833819.html

SOURCE Alisira OÜ

Continue Reading

Trending