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Karaoke Market to Grow by USD 442 Million from 2025-2029, Driven by Music-Related Leisure Trends and AI’s Impact on Market Evolution – Technavio – Technavio

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NEW YORK, Jan. 10, 2025 /PRNewswire/ — Report on how AI is redefining market landscape – The global karaoke market  size is estimated to grow by USD 442 million from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of  4.3%  during the forecast period. Growing popularity of music-related leisure activities is driving market growth, with a trend towards availability of advanced music-mixing systems. However, increasing adoption of virtual musical instruments and music production software  poses a challenge. Key market players include Acoosta Innovations Pvt. Ltd., Audio Video Solutions Corp., Daiichikosho, Digital Products International Inc., inMusic Brands Inc., Jiangmen Boway Sound Equipment Co. Ltd., Karaoke USA, Karavision, Persang Entertainment Pvt. Ltd., Pure Acoustics Inc., Rockville, Samsung Electronics Co. Ltd., Singing Machine, TJ Media, VocoPro, WhiteSquare, Xiaomi Inc., Xing, and ZOOOK.

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Forecast period

2025-2029

Base Year

2024

Historic Data

2019 – 2023

Segment Covered

Application (For venue, Outdoor, and Home), Product (Fixed and Portable), and Geography (APAC, North America, Europe, Middle East and Africa, and South America)

Region Covered

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

Key companies profiled

Acoosta Innovations Pvt. Ltd., Audio Video Solutions Corp., Daiichikosho, Digital Products International Inc., inMusic Brands Inc., Jiangmen Boway Sound Equipment Co. Ltd., Karaoke USA, Karavision, Persang Entertainment Pvt. Ltd., Pure Acoustics Inc., Rockville, Samsung Electronics Co. Ltd., Singing Machine, TJ Media, VocoPro, WhiteSquare, Xiaomi Inc., Xing, and ZOOOK

Key Market Trends Fueling Growth

Karaoke markets are thriving with trends in bars and restaurants, where digital platforms and wireless connectivity are transforming the experience. Interactive interfaces, voice recognition, and artificial intelligence are making karaoke more engaging. Digital karaoke systems with large song libraries, display screens, and audio output are popular. Home entertainment is booming with portable systems, built-in speakers, rechargeable batteries, and wireless connectivity options. Outdoor events, casual home entertainment, and karaoke competitions are driving demand. Smart devices, high-tech features, and advanced music-mixing systems are key. Brands like Sybersound, Party Tyme Karaoke, Neat Microphones, and more offer microphones, miniature microphones, and professional sound reproduction. Online streaming services, vlogging, webcasting, podcasting, and TV productions are expanding the market. Household items like cafes and karaoke nights attract foot traffic. Portable karaoke systems, high-speed internet, and entertainment apps are on the rise. Recorded music, instrumental versions, lyrics, and video screens are essential features. 

Advanced music-mixing systems have become essential tools for karaoke creators, particularly for commercial and public spaces. These systems incorporate synthesizers and music-mixing software, enabling the creation of digital or electronic music for karaoke use. Balancing the audio mix is a key challenge in karaoke production, and these systems help achieve this without compromising audio quality. Traditional karaoke tracks often feature overpowering brass and vocals, making it difficult for artists’ voices to be heard. Advanced music-mixing systems address this issue by allowing for better tools and adjustments, resulting in improved sound quality and a more enjoyable experience for users. Features such as frequency reduction, polished sound, and background noise limitation are essential benefits of these systems in karaoke development. 

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Market Challenges

Karaoke Market: Overcoming Challenges in Bars, Restaurants, and Home Entertainment The karaoke market faces several challenges in various sectors, including bars and restaurants, wireless connectivity, voice recognition, interactive interfaces, and digital platforms. In the hospitality industry, bars and restaurants require wireless connectivity for seamless karaoke experiences. Voice recognition and interactive interfaces enhance user experience, while digital platforms and online streaming services broaden the song library selection. At home, digital karaoke systems, display screens, audio output, microphones, and product bundling cater to casual entertainment. Portable systems with built-in speakers, rechargeable batteries, and wireless connectivity options are essential for outdoor events. Karaoke competitions in restaurants, pubs, and cafes attract foot traffic, necessitating high-tech features such as advanced music-mixing systems, synthesizers, and music-mixing software. Home settings, TV productions, and vlogging, webcasting, and podcasting require professional sound reproduction, vocal/voice recording, instrumental recording, and studio-quality equipment from brands like Sybersound, Party Tyme Karaoke, Neat Microphones, and more. Accessories like miniature microphones, C-80 condenser microphones, and Bluetooth speakers further expand the market. Household karaoke systems, MP3 systems, and wireless microphones cater to diverse consumer needs. The market continues to evolve, incorporating smart devices and high-speed internet for a more engaging and convenient karaoke experience.The adoption of virtual musical activities and music production software has seen significant growth in recent years, particularly in developed economies. Music production software allows users to create music with various instruments, tones, and magnitudes at the click of a button. This mobility and convenience have led music composers to prefer software over physical instruments for recording music anytime and anywhere. Notably, laptop brands like Apple Inc., a leading global manufacturer, offer software like GarageBand, which comes with a complete music creation studio. This software integration enhances the functionality and accessibility of laptops for music production.

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Segment Overview 

This karaoke market report extensively covers market segmentation by

Application 1.1 For venue1.2 Outdoor1.3 HomeProduct 2.1 Fixed2.2 PortableGeography 3.1 APAC3.2 North America3.3 Europe3.4 Middle East and Africa3.5 South America

1.1 For venue-  The global karaoke market, originally rooted in bars, offers a platform for individuals to sing their preferred songs to an appreciative audience. Karaoke establishments come in various forms, ranging from open bars with communal performances to private rooms for friends and family. These venues provide the necessary music and lyrics, enabling singers to concentrate solely on their performance. The market’s expansion is fueled by the growing number of nightclubs and restaurants incorporating karaoke. For instance, LaLa Pocha, a Korean restaurant launched in the US in December 2023, includes karaoke rooms for rent. Music fans find karaoke an appealing alternative, leading to its increasing popularity. In countries like China, Japan, and India, karaoke applications are extensively used in clubs, restaurants, and corporate events. Legal permissions from music composers are essential for playing copyrighted music in bars and restaurants. Generally, businesses acquire blanket licenses, granting them access to a vast catalog of artists and recording studios’ music, fueling the market’s growth during the forecast period.

Download complimentary Sample Report to gain insights into AI’s impact on market dynamics, emerging trends, and future opportunities- including forecast (2025-2029) and historic data (2019 – 2023) 

Research Analysis

Karaoke markets continue to thrive, offering unique and interactive entertainment experiences in various settings. Bars and restaurants are popular venues for social karaoke sessions, enhanced by wireless connectivity and digital platforms. Advanced technologies like voice recognition, interactive interfaces, and artificial intelligence elevate the experience, allowing users to access vast song libraries from online streaming services. Digital karaoke systems with high-tech features, such as miniature microphones and orchestra accompaniments, are increasingly popular. Home entertainment systems, including smart devices, offer personalized karaoke experiences. Sybersound and Party Tyme Karaoke are notable brands, providing top-notch karaoke equipment and accessories. Recorded music, instrumental versions, and lyrics are essential components, displayed on video screens with moving symbols to guide singers.

Market Research Overview

Karaoke Market: Unleashing the Fun of Singing Anytime, Anywhere! The Karaoke Market is a vibrant and growing industry, offering various solutions for bars and restaurants, home entertainment, and outdoor events. With advanced digital platforms and online streaming services, karaoke has evolved from a simple pastime to an interactive and high-tech experience. Digital karaoke systems come with song libraries, display screens, audio output, microphones, and product bundling options. Portable systems with rechargeable batteries and wireless connectivity options allow for casual home entertainment and outdoor events. High-tech features like voice recognition, interactive interfaces, and artificial intelligence enhance the karaoke experience. Home settings offer all-in-one systems with built-in microphones, TV monitor systems, MP3 systems, and wireless microphones. Karaoke competitions, casual home entertainment, and karaoke nights in bars, pubs, cafes, and even TV productions attract foot traffic and entertainment seekers. Advanced music-mixing systems, synthesizers, and music-mixing software cater to professional singers and vloggers, podcasters, and webcasters. Brands like Sybersound, Party Tyme Karaoke, Neat Microphones, and more offer a range of karaoke equipment, including miniature microphones, professional sound reproduction, and studio recording capabilities. Accessories like Bluetooth speakers and karaoke applications add to the fun. Join the karaoke revolution and unleash your inner singer!

Table of Contents:

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

ApplicationFor VenueOutdoorHomeProductFixedPortableGeographyAPACNorth AmericaEuropeMiddle East And AfricaSouth America

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/

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SOURCE Technavio

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Fun88 India Unveils 2.0 Update: Faster, Bigger, Better!

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HYDERABAD, India, Jan. 23, 2025 /PRNewswire/ — Fun88, a leading name in online gaming and entertainment, is thrilled to announce the launch of its most exciting update yet: Fun88 2.0. With a host of new features, improved functionality, and unbeatable promotions, Fun88 reaffirms its commitment to providing the ultimate gaming experience.

Unveiling the Upgrades

Fun88 2.0 brings a wealth of enhancements to elevate the user experience:

Enhanced Promotions: Players can now enjoy a “388% Welcome Bonus” to kickstart their journey, a 5% refill bonus on every deposit, and weekly cashback of up to 5%. As well as 24% Referral Bonus when you refer your friends to Fun88.New VIP System: Designed to reward loyalty, the revamped VIP system offers exclusive perks and rewards for dedicated players.Faster Transactions: Deposits and withdrawals are now quicker than ever, with instant withdrawals ensuring seamless access to winnings.Improved UI/UX: The platform has been upgraded for smoother navigation, faster load times, and real-time odds display, allowing users to enjoy a one-click betting experience across all exchanges.Expanded Game Library: Fun88 has partnered with industry-leading vendors such as Aviatrix, Galaxsys, Spribe, Red Tiger, Evo Play, Vivo Games, and Split the Pot, introducing a range of new instant games to keep the excitement flowing.

Spreading the News

Popular cricketer Dale Steyn recently shared his enthusiasm for Fun88 2.0, highlighting its upgraded features and exclusive promotions with his fans on social media. The buzz around Fun88 2.0 is already taking the gaming community by storm.

Join the Fun Today!

Fun88 invites players to experience the next level of online entertainment. Whether you’re a fan of casino games, sports betting, Instant games, or Slots, Fun88 has something for everyone. Don’t miss out on the opportunity to win big with Fun88 2.0. Register and start your journey today.

About Fun88

Fun88 is a premier online gaming platform known for its versatile offerings, including casino games, sports betting, instant games, and slots. Committed to responsible gaming, Fun88 combines innovation with reliability to deliver a superior user experience.

Contact Information:
Email: Marketing@fun88.games 
Website: https://link.fun88-india.com/fun88
Instagram: https://link.fun88-india.com/fun88indofficial-is
Telegram: https://link.fun88-india.com/fun88indofficial-tg
Twitter: https://link.fun88-india.com/fun88indofficial-tw
YouTube: https://link.fun88-india.com/fun88indofficial-yt
Facebook: https://link.fun88-india.com/fun88indofficial-fb

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Ati Motors Raises $20M Series B for Global Expansion of its AI-Powered Robotics Workforce

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Walden Catalyst Ventures and NGP Capital Lead Investment to Fuel Ati Motors Global Expansion Across North America and APAC.

SAN FRANCISCO and BENGALURU, India, Jan. 23, 2025 /PRNewswire/ — Ati Motors, a leader in AI and autonomous robotics, today announced a $20 million Series B investment led by Walden Catalyst Ventures (WCV) and NGP Capital (NGP) with participation from current investors including True Ventures, Exfinity Venture Partners, Athera Venture Partners and Blume Ventures. The funding comes on the heels of Ati Motors exceptional performance, marked by a tripled order book in Q4 2024 and the addition of nine industry leading clients.

Ati Motors expertise in robotics, artificial intelligence, and manufacturing, is revolutionizing how the industrial sector approaches automation. It has deployed hundreds of its Sherpa robots across 40 leading manufacturers (30% Fortune 500), including Forvia and Hyundai with multiple scaled deployments in North America.

The capital will enable the company to accelerate the development and deployment of its robotic workforce, which leverages one of the largest and most diverse factory datasets for autonomous movement. Ati Motors autonomous robots have been deployed globally in dynamic and complex manufacturing environments, delivering industry-leading uptime and helping customers achieve exceptional productivity gains.

Manufacturers around the world are keen to adopt robots as part of their workforce given that people no longer want to put up with dull, dirty and dangerous tasks. However, the adoption has been constrained by availability of robots that perform as well as people in real world scenarios. Solving this gap has been Ati Motors’ success.

“Since our founding, Ati Motors mission has been to create advanced, reliable products that enhance both productivity and efficiency in industrial settings,” said Saurabh Chandra, Founder and CEO of Ati Motors. “This funding will accelerate our ability to leverage our extensive real-world dataset to develop next-generation AI models and further advance our industrial autonomy platform. The rapid growth we’re experiencing validates our approach of focusing on manufacturing as a vertical and conceptualising these robots as purpose-built self-driving vehicles.”

“Ati Motors represents the future of industrial automation,” said Shankar Chandran, Partner at Walden Catalyst Ventures. “Their unique combination of advanced AI capabilities and robotics, along with a deep understanding of manufacturing environments, positions them perfectly to lead the next wave of industrial automation. The impressive growth they’ve achieved validates their approach and demonstrates the strong market demand for their solutions.”

“We’re excited to co-lead this investment in Ati Motors,” said Upal Basu at NGP Capital. “The company’s ability to successfully deploy fully autonomous mobile robots across diverse industrial environments, combined with their rapidly growing customer base, makes them a standout in the industrial automation space. We believe their unique approach to combining Edge AI, LIDAR, and robotics will help address a critical need in the manufacturing sector.”

The funding will be used to accelerate product development, expand Ati Motors market presence both in North America and APAC, and strengthen its position as a leading provider of industrial automation solutions at the intersection of AI and robotics. The company recently established operations in Mexico and has strengthened its presence across US, India and Southeast Asia. The company is currently expanding its North America headquarters in Detroit, MI.

Media kit: https://drive.google.com/drive/folders/1UUxwax7T_c5eN6BOaAawJ_A4Fqz_1Mw9

YouTube link: Ati Motors – Sherpa Product Portfolio

Recommended press release photo: Ati Product Portfolio.jpg

Or Ati Product Portfolio Transparent.png

About Ati Motors

Ati Motors is a leading autonomous mobile robot manufacturer, revolutionizing industries with AI-powered robotics inspired by self-driving cars. Specializing in manufacturing facilities, Ati’s product range includes Tugs, Bin Movers, Pallet Movers, and Lifting Platforms. Their flagship Sherpa Tug, featuring 3D navigation and outdoor capabilities, has logged over 500,000 kilometers across 50+ factories. Serving global leaders in automotive, appliances, aerospace, and electronics sectors, Ati Motors has secured over $37M in funding.

About Walden Catalyst Ventures

Walden Catalyst is a venture capital firm helping early-stage companies in the U.S., Europe, and Israel build the next generation of category-defining businesses in deep-tech. The firm is led by Young Sohn and Lip-Bu Tan, deep-tech industry pioneers who between them have invested in more than 600 startups across the globe, of which 138 have gone on to IPO. Walden Catalyst is focused on deep-tech investments and their team of innovators and entrepreneurs are passionate about disruptive technologies and committed to excellence. This translates into unparalleled access to operational expertise, global reach, and a network of industry captains eager to help build and scale the companies of the future.

About NGP Capital

NGP Capital backs early-stage B2B companies from Series A onwards in the U.S., and Europe,  within enterprise software, industrial tech, cybersecurity, and infrastructure. Through its $400m fifth fund launched in 2022, NGP Capital invests in companies driving the convergence of the physical and virtual. Founded in 2005, NGP Capital has over $1.6B in AUM and has invested in over 100 companies of which 18 became unicorns and 11 went on to IPO.

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Vijay Nirani named Co-Chairperson of India Alliance on Sustainable Aviation Fuel (SAF) to propel Nation’s decarbonization goals

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NEW DELHI, Jan. 23, 2025 /PRNewswire/ — The Carbon Market Association of India (CMAI) has announced the appointment of Vijay Nirani, Founder & Managing Director of TruAlt Bioenergy, as the Co-Chairperson of the India Alliance on Sustainable Aviation Fuel (SAF). This groundbreaking initiative will be officially launched at the maiden India Climate Week (ICW) 2025, scheduled for February 3-7, 2025, at Le Meridien, New Delhi. ICW 2025 is expected to be a major gathering of policymakers, industry leaders, and environmental advocates, highlighting India’s progress in climate action.

The India Alliance on SAF initiated by CMAI aims to accelerate the adoption of sustainable aviation fuels across the country and to foster collaborative efforts towards achieving India’s climate goals. The Alliance will bring together key stakeholders ranging from government representatives and industry innovators to sustainability advocates to drive progress in decarbonizing India’s aviation sector.

Vijay Nirani will Co-Chair the Alliance alongside Chairperson Jimmy Olsson. The initiative represents a significant step in India’s efforts to reduce aviation emissions, with ambitious targets of a 1% SAF blend by 2027, 2% by 2028, and 5% by 2030. These goals are aligned with the global framework of CORSIA (Carbon Offsetting and Reduction Scheme for International Aviation) framework, which aims to reduce emissions from international aviation.

Through his company, TruAlt Bioenergy, Vijay Nirani aims to establish an Ethanol-to-SAF facility, which is likely to become the world’s largest Ethanol-to-SAF production facility. This initiative will play a key role in positioning India as a global leader in advancing sustainable aviation fuel production and promoting decarbonization within the aviation sector.

Vijay Nirani, Co-Chairperson, India Alliance on Sustainable Aviation Fuel, said: “The Alliance is firmly aligned with India’s climate goals, as articulated by Hon’ble Prime Minister Narendra Modi ji in the ‘Panchamrit’ vision. Through collaborative industry efforts, streamlined SAF production processes and a strong focus on sustainability, we aim to support India’s leadership in achieving global climate objectives, including our commitments under the CORSIA framework. This initiative marks a significant step toward building a greener and more sustainable aviation future.”

About TruAlt Bioenergy:

TruAlt Bioenergy is one of India’s largest biofuels producers, strategically positioned as a prominent and diversified player in the biofuels industry, particularly in the ethanol sector. The company holds the distinction of being the largest ethanol producer in India by installed capacity. Through its subsidiary, Leafiniti Bioenergy, TruAlt Bioenergy is one of the first producers of Compressed Biogas (CBG) under the Sustainable Alternative Towards Affordable Transportation (SATAT) scheme, introduced by the Government of India in 2018.

For more information or media enquiries, please contact:

Ms. Shivaaneey Rai, TruAlt Bioenergy
+91-9545850823 / avpcomms@trualtbioenergy.com 

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