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Laser Welding Machine Market Accelerates EV Battery Production and Smart Manufacturing Growth| CAGR 6.2% Says Persistence Market Research

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LONDON, June 15, 2026 /PRNewswire/ — The global laser welding machine market is growing steadily, expected to be valued at around US$2.3 billion in 2026 and projected to reach US$3.5 billion by 2033, with a CAGR of 6.2% in the coming years. This expansion comes from rising investments in electric vehicle battery manufacturing, semiconductor packaging, electronics miniaturization, and industrial automation. Laser welding machines provide precise, high-speed joining with minimal thermal distortion, making them ideal for advanced manufacturing environments.

Surge in Electric Vehicle Battery Manufacturing Drives Market Expansion

The worldwide transition toward electric mobility is creating strong demand for laser welding machines. EV batteries require highly precise welding processes for battery tabs, busbars, cooling systems, and module assemblies where consistency and reliability are critical. Governments and private investors continue to support battery production through large-scale gigafactory projects, accelerating investments in advanced welding technologies.

For instance, battery manufacturing facilities across China, Europe, and North America are expanding production capacity to meet rising EV demand. Laser welding systems are increasingly preferred because they create narrow weld seams, reduce material waste, and improve manufacturing precision. These advantages are especially important for lithium-ion battery production, where even minor welding defects can impact performance and safety.

Continued growth in global EV production contributed significantly to demand for automated laser welding equipment. Manufacturers are responding by developing advanced fiber laser systems integrated with robotics and machine vision technologies to improve throughput and quality control.

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Key Highlights

The global laser welding machine market is projected to grow from US$2.3 billion in 2026 to US$3.5 billion by 2033, registering a CAGR of 6.2% during the forecast period.Rising investments in EV battery manufacturing, semiconductor packaging, and smart factory deployment continue to drive adoption of advanced laser welding technologies worldwide.Fiber laser technology is anticipated to lead the market with approximately 48.3% market share, supported by its high precision, energy efficiency, and compatibility with robotic automation.Automated and robotic laser welding systems are expected to account for nearly 41.5% of the market share, reflecting growing demand for high-throughput, quality-controlled manufacturing environments.Asia Pacific is projected to hold more than 49.3% of global market share and remain the fastest-growing region, driven by strong automotive, electronics, and battery manufacturing activity.Expansion of EV battery gigafactories and semiconductor fabrication facilities across China, Europe, and North America is creating sustained demand for precision laser welding equipment.

Rise of Automation and Semiconductor Manufacturing Increases Equipment Demand

Automation in manufacturing is another key driver of the laser welding machine market. Factories worldwide are deploying robotic systems and smart production lines to improve efficiency, reduce labor dependency, and enhance product quality. Laser welding machines play a critical role in these environments by delivering highly repeatable welds with minimal downtime.

The rapid expansion of semiconductor manufacturing and electronics production is strengthening demand for precision welding technologies. Advanced packaging applications, sensors, AI hardware infrastructure, and miniaturized electronic components increasingly require accurate joining processes that conventional welding methods cannot easily achieve.

For example, electronics manufacturers utilize laser welding systems for precision assemblies where heat-sensitive materials must be processed without causing distortion. Automotive OEMs are also integrating robotic laser welding cells into production lines to support EV body structures and lightweight aluminum components.

Advancements such as real-time monitoring, AI-enabled process control, and closed-loop quality inspection are making laser welding systems more attractive to manufacturers pursuing smart factory initiatives. In North America and Europe, industrial modernization programs and semiconductor investments are driving demand for highly automated welding solutions capable of delivering consistent quality at scale.

Key Highlight: TRUMPF Showcases Comprehensive Battery Production Solutions in 2025

A standout development in 2025 was the presentation of battery manufacturing solutions by TRUMPF at Battery Show Europe 2025. The company showcased laser-based technologies designed to support every stage of battery production, from electrode manufacturing and cell assembly to module and pack production, as well as battery recycling. The solutions emphasize precision, efficiency, and quality throughout the battery value chain.TRUMPF highlighted its laser welding technologies for battery module and pack manufacturing, including applications for welding battery housings, connectors, and cooling plates. The company also presented its Multifocus beam-shaping technology, which enables the simultaneous use of multiple laser focal points during welding processes. In addition, TRUMPF demonstrated quality assurance solutions that combine sensors, optics, and artificial intelligence to support process monitoring and inspection.

The company emphasized the growing role of laser technology in battery production, particularly for joining copper and aluminum components and for manufacturing cooling plates used in battery thermal management. TRUMPF’s portfolio also includes solutions for battery recycling processes, supporting the recovery of valuable raw materials from used batteries.

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Segmentation Insights: Fiber Lasers Dominate Market Leadership While Hybrid Welding Technologies Accelerate Industrial Adoption

Fiber laser technology is anticipated to account for approximately 48.3% of the market share, making it the leading technology segment due to its superior energy efficiency, precision, and seamless integration with robotic automation systems. The technology is widely used across EV battery manufacturing, automotive production, and electronics assembly where manufacturers require high-speed, repeatable weld quality. Meanwhile, CO2 laser systems and hybrid laser welding technologies are expected to emerge as the fastest-growing segment through 2033, supported by rising adoption in shipbuilding, rail manufacturing, and heavy industrial fabrication. A notable industry development is the growing deployment of hybrid laser-arc welding solutions in large-scale infrastructure and transportation projects, enabling manufacturers to achieve deeper weld penetration, lower distortion, and improved production efficiency for thick-material applications.

Regional Insights: Asia Pacific Leads Market Expansion as Industrial Automation Accelerates Regional Growth

Asia Pacific holds the largest share of the laser welding machine market, accounting for approximately 49.3% of market share, supported by its extensive automotive, electronics, semiconductor, and EV battery manufacturing ecosystem. China dominates regional demand through large-scale industrial production, battery gigafactory investments, and rapid smart factory deployment. Asia Pacific is also the fastest-growing regional market, driven by industrial automation expansion, electronics localization strategies, and rising investments in advanced manufacturing infrastructure. India’s “Make in India” initiatives and growing electronics production capabilities are further strengthening regional demand.

North America remains a major technology-driven market supported by aerospace, defense, medical device manufacturing, semiconductor fabrication, and automotive electrification projects. Europe follows with steady demand from automotive engineering, industrial machinery, and renewable energy sectors. Germany remains a key market due to its leadership in factory automation and Industry 4.0 adoption. These regional trends continue to support global market expansion while encouraging manufacturers to establish localized production and service capabilities.

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Key Players and Business Strategies

Leading players include TRUMPF, IPG Photonics, Coherent Corp., Han’s Laser Technology Industry Group, and Jenoptik AG.

TRUMPF continues expanding its battery manufacturing and automated welding portfolio to capitalize on growing EV production investments.IPG Photonics focuses on high-performance fiber laser technologies, targeting automotive, semiconductor, and electronics applications requiring precision welding solutions.Coherent invests in advanced laser systems and integrated manufacturing platforms designed to improve productivity and process control.Han’s Laser strengthens its position through localized manufacturing expansion and cost-competitive solutions for Asian industrial customers.Jenoptik emphasizes innovation in precision laser processing technologies while expanding partnerships across automotive and industrial automation sectors.

Business strategies across the industry increasingly focus on automation integration, smart manufacturing capabilities, battery production applications, and software-enabled process monitoring solutions that improve operational efficiency and weld quality.

Market Segmentation

By Technology

Fiber LaserCO2 LaserDiode/Solid-State LaserHandheld/Portable LasersHybrid/Multi-Mode Systems

By Product Form

Automated/Robotic Laser Welding SystemsStationary Bench / Fixed SystemsHandheld Laser Welding MachinesIntegrated Cell SolutionsLaser Welding Heads/Modules

By End-use Industry

AutomotiveElectronics & SemiconductorsMedical DevicesAerospace & DefenseJewelry & Consumer Goods

By Power Scale

Low Power (<1 kW)Medium Power (1–4 kW)High Power (>4 kW)Pulse Vs Continuous ModesMulti-Mode/Adaptive Power Systems

By Region

North AmericaEuropeEast AsiaSouth Asia & OceaniaLatin AmericaMiddle East & Africa

Get More Insights — Related Metalworking & Fabrication Market Reports:

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Industrial Laser Market by Product Type (Fiber Lasers, Solid-state Lasers, CO2 Lasers, Diode Lasers) Application (Cutting, Welding, Marking, Drilling, Engraving) End-user (Electronics, Metal Processing, Automotive, Non-Metal Processing), and Regional Analysis for 2026 – 2033

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Arc Welding Equipment Market by Product Type (Shielded Metal Arc Welding (SMAW) Machines, Gas Metal Arc Welding (GMAW / MIG) Machines, Gas Tungsten Arc Welding (GTAW / TIG) Machines, Flux-Cored Arc Welding (FCAW) Machines, Submerged Arc Welding (SAW) Machines, Plasma Arc Welding (PAW) Machines, Others), Automation Level (Manual, Automatic, Semi-automatic), Welding Current Type, Gas Type, Industry and Regional Analysis, 2026 – 2033

Welding Robotics Market by Function Type (Arc, Spot, MIG/TIG, Laser, Others), Payload Capacity (Low (6-22 kg), Medium (30-60 kg), High (80-300kg)), End-user (Automotive, Aerospace & Defense, Construction, Mining, Oil & Gas, Electrical & Electronics, Others), and Regional Analysis for 2025 – 2032

Machine Tools Market by Product Type (Metal Cutting and Metal Forming), by Technology (CNC and Conventional), End-user (Automotive, Mechanical Engineering, Metal Working, Aerospace, Electrical industry and others) and Regional Analysis for 2026 – 2033

Metal Fabrication Market by Process Type (Cutting, Machining, Others), Material Type (Steel, Aluminum, Others), End-use Industry, and Regional Analysis for 2026 – 2033

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Bandsaw Machine Market by Cutting Type (Mitre, Circular, Ring), by Operation (Manual, Semi-Automatic, Fully-Automatic), by Orientation (Horizontal, Vertical), by End Use (Automotive and Transportation, Construction, Mining),and Regional Analysis

About Persistence Market Research:

At Persistence Market Research, we are pioneers in Market Research and Consulting, bringing you the most dynamic insights into market trends, consumer behaviours, and competitive intelligence! For over a decade, we’ve been at the forefront of delivering game-changing analytics and research that drive businesses toward growth.

Our extensive market report database is a go-to resource for Fortune 500 companies, savvy business investors, media and entertainment channels, and academic institutions, empowering them to navigate the global and regional business landscape with confidence. With thousands of statistics and in-depth analyses covering over 20 diverse industries across 25 major countries, we provide the insights you need to succeed in today’s competitive environment.

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Persistence Market Research
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Basware Named a Leader in Accounts Payable Invoice Automation

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A new, independent evaluation names Basware as a Leader, recognizing its Invoice Lifecycle Management approach to governed AI, continuous compliance, and enterprise control 

CHARLOTTE, N.C., June 15, 2026 /PRNewswire/ — Basware, the global leader in Invoice Lifecycle Management (ILM), has been recognized as a Leader in The Forrester Wave™: Accounts Payable Invoice Automation Software, Q2 2026. Finance and AP leaders can read the full report here.  

In its evaluation, Forrester wrote that, “Basware’s distinctive vision redefines APIA (Accounts Payable Invoice Automation) through invoice lifecycle management, unifying inbound and outbound invoicing into a single compliant zero‑touch orchestration model. Its innovation and roadmap embed continuous compliance and governed agentic AI into a financial control plane, moving AP from automation to proactive, real‑time enterprise control.” 

“For years, accounts payable automation focused on one thing: processing invoices faster,” said Jason Kurtz, Chief Executive Officer, Basware. “The world finance operates in has changed. Enterprises now manage dozens of e-invoicing mandates, increasingly sophisticated invoice fraud, sprawling multi-ERP estates, and growing pressure to put AI to work. Those forces compound, and a faster version of a broken process does not solve them. Basware’s answer is Invoice Lifecycle Management.” 

Invoice Lifecycle Management is a single platform that governs every invoice from receipt through payment, across every entity and country. It unifies four capabilities: Governed Autonomy, Continuous Compliance, Financial Integrity, and Enterprise Control. Together they let finance teams adopt AI at the pace they choose while keeping every decision logged, compliant, and auditable. 

“For us, being recognized as a Leader in the Forrester Wave validates the direction we’re taking our customers around the future of finance,” said Donna Wilczek, Chief Product and Technology Officer, Basware. “Most vendors stop at automation. That’s just the beginning. Real value comes from governing the entire invoice lifecycle – touchless, compliant, and protected. That’s what Basware Invoice Lifecycle Management delivers, and what we’re building toward every day.”  

The evaluation assessed vendors across current offering, strategy, and customer feedback. Basware received the highest score possible, 5.0, in all six criteria within the strategy category, including vision, innovation, and roadmap. It also received the highest score possible in ten current offering criteria, including e-invoicing compliancefraud and risk management, exception handling, and process monitoring. 

Alongside current offering and strategy, the evaluation assessed customer feedback. Forrester wrote that “Customers choose Basware for its simple yet granular event and status tracking. They also praised the vendor’s strong reporting and dashboarding features.” 

Read the evaluation

Disclaimer 

Forrester does not endorse any company, product, brand, or service included in its research publications and does not advise any person to select the products or services of any company or brand based on the ratings included in such publications. Information is based on the best available resources. Opinions reflect judgment at the time and are subject to change. This report is part of a broader collection of Forrester resources, including interactive models, frameworks, tools, data, and access to analyst guidance. For more information, read about Forrester’s objectivity here. 

About Basware 
Basware is how the world’s best finance teams gain complete control of every invoice, every time. Our Intelligent Invoice Lifecycle Management Platform ensures end-to-end efficiency, compliance, and control for all invoice transactions. Powered by the world’s most sophisticated invoice-centric AI, trained on over 2.5 billion invoices, Basware’s Intelligent Automation drives real ROI by transforming finance operations. We serve 6,500+ customers globally and are trusted by industry leaders including DHL, Heineken, and Sony. Fueled by more than 40 years of specialized expertise with $10+ trillion in total spend handled, we are pioneering the next era of finance. With Basware, now it all just happens. 

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Teen Entrepreneurs and Innovators Achieve National Recognition at Future Bound by Junior Achievement

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Students from Across the Country Earn National Honors

COLORADO SPRINGS, Colo., June 15, 2026 /PRNewswire/ — On Wednesday, June 10, Junior Achievement (JA) announced award winners at the 2026 Future BoundTM by Junior Achievement Awards Gala.  Future Bound by Junior Achievement, held at Boston University in Boston, MA, showcased the talents and achievements of young entrepreneurs and innovators nationwide. The event featured four dynamic competitions, each highlighting the ingenuity and creativity of over 300 students.  

Future Bound includes four unique competition tracks: JA Company of the Year, JA Social Innovation Challenge, JA Stock Market Challenge, and JA Titan Challenge.  

JA Company of the Year Competition Showcases student teams presenting and pitching their student-run businesses, where they are evaluated on various aspects of business performance and innovation.

JA Social Innovation Challenge This is a competition where students are challenged to identify a social problem and develop a creative solution as a business enterprise, which they then present to a panel for review.

JA Stock Market Challenge This is a competition where students engage in a fast-paced challenge of investing and trading fake funds in the real market, creating draft portfolios as teams, and finalizing their stock selections to test their investing skills.

JA Titan Challenge Showcases students who take on the role of business CEOs, making strategic decisions in areas like production, marketing, and R&D to compete for the title of JA Titan of Business.

The students competing at Future Bound underwent rigorous evaluation encompassing their business performance and individual team members’ personal and professional growth. The competition’s key components included producing a self-produced annual report and commercial, captivating live virtual presentation to a distinguished panel of business leaders, and insightful interviews with esteemed judges.

The Future Bound Awards Gala, held on Wednesday, June 10, served as the platform for presenting the coveted awards, including:

JA Company of the Year: Awarded to the student businesses that most effectively demonstrated their companies’ achievements, as well as the personal development of each team member.
First Place – EVO (Elkins Very Own) – JA of Southeast Texas, Inc.Second Place – Joe Flynn Photography – JA North, Inc.Third Place – Talk of the Town – JA of Southeast Texas, Inc.

JA Social Innovation Challenge: Awarded to the student projects that reflect diverse solutions that address real-world challenges.First Place – ColorFresh – JA of New YorkSecond Place –Forget-Me-Not – JA of the Space CoastThird Place – All Kids Swim – JA of San Diego County

JA Stock Market Challenge: Awarded to the student team that achieves the highest return on their investment.First Place – Eagles of Wallstreet – JA of Greater MiamiSecond Place – Men in Black – JA of OKI PartnersThird Place – Roaring Kitty – JA of Angelina County/JA of Dallas

JA Titan Challenge: Awarded to the student team that best demonstrates capability in financial decisions, marketing, research and development, and corporate social responsibility to earn the title of JA Titan of Business.First Place – Kaboom – JA of WashingtonSecond Place – Caribou1 – JA of MaineThird Place – PVHS2 – Team – JA of the Heartland

Chick-fil-A Community Impact Award: Awarded to the JA Social Innovation team that has created a standout solution focused on impacting a local community need.ColorFresh – JA of New York

Citizens Future-Ready Workforce Award: Awarded to the JA Company Program team that demonstrates forward-thinking leadership by expanding access to skills and opportunities, helping build the diverse, future-ready talent pipeline.Sparkbyte – JA North Central Ohio

CNA Operational Stewardship Award: Awarded to the Titan Challenge team that prioritized employee well‑being, managed production responsibly, and maintained operational excellence.EastLiver Pool 2 – JA of East Ohio

Delta Air Lines Social Impact Award: Awarded to the JA Company Program team that created a solution to address a local, national, or global social concern.Heavy Hugs – JA North Central Ohio

FedEx Global Possibilities Award: Awarded to the JA Company Program team that best exhibits the principles of global connectivity.Sparkbyte – JA North Central Ohio

Jim Sweeny Entrepreneurship Award presented by the Junior Achievement Staff Alumni Network: Awarded to a JA Company Program individual in recognition of their accomplishments, the role they played in their JA Company and their Entrepreneurial potential.Lana Nguyen, Team – JA of Southeast Texas, Inc.

Johnson & Johnson STEM Innovation Award: Awarded to the JA Social Innovation team that used innovative science, technology, engineering, and math applications to create a positive community impact.NextUse –  JA of Southeast Texas

Pacific Life Foundation Responsible Innovation Award: An award for the JA Titan Challenge team that best demonstrated excellence in responsible innovation.PVHS1 – JA of the Heartland

RSM Enduring Excellence Award: Awarded to the JA Stock Market Challenge team that achieves outstanding results through holding onto their investments without selling frequently or making emotional decisions based on short-term market fluctuations.Huskies of Wall Street – JA of the Desert Southwest

RSM Resilience Award: Awarded to the JA Stock Market Challenge team that experiences the greatest recovery from an early setback in the challenge, showcasing resilience and smart adjustments to their strategy.Sophrosyne Advisors – JA of the Space Coast

Staples Sustainable Investing Award: Awarded to the JA Stock Market Challenge team that made the highest gains through their investments in environmentally sustainable businesses/stocks.A.5 – JA of Greater Fairfield County

We are deeply grateful for our visionary and presenting sponsors’ commitment to empowering young entrepreneurs and fostering a culture of innovation. Thank you, Pacific Life Foundation, Chick-fil-A, CNA, Delta Air Lines, and Staples.  We also want to acknowledge these additional supporters who helped make the event memorable for the students: Citizens, FedEx, Johnson & Johnson, RSM US Foundation, Achievement Foundation, Farmers Insurance®, Intercontinental Exchange, Rita & Herbert Z. Gold Charitable Trust, State Farm Insurance, Junior Achievement Staff Alumni Network, and Z Zurich Foundation.

About Junior Achievement USA® (JA)
Junior Achievement is education for what’s next. As a strategic partner working in collaboration with educators, employers, investors, leaders, and the communities they serve, we are dedicated to helping students achieve academically today and economically tomorrow. As a leader in experiential learning operating on a national scale with over a century of experience, we are driving toward lasting change. This means ensuring a generation of students has the transferable skills and competencies needed to navigate a rapidly changing world. By delivering career-connected learning, we are invested in accelerating economic mobility through education. By helping students become confident, capable, and connected today, we can ensure they have access to opportunity-filled futures tomorrow. Junior Achievement reaches more than 4.8 million students annually across nearly 100 U.S. markets, and is part of JA Worldwide, which serves over 19.9 million students in more than 100 countries. Learn more at www.ja.org

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Affle Announces Strategic Acquisition of AdColony Technology Assets and Trademark from DT

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Acquisition Strengthens Affle 3i Consumer Platform Tech Stack and Reinforces Commitment to Accelerated Growth with an Ongoing Commercial Partnership with DT.

SAN FRANCISCO, June 15, 2026 /PRNewswire/ — Affle, a global technology company that delivers premium consumer conversions for advertisers with its verticalized AI-powered Consumer Platform, announced that Affle MEA FZ LLC has entered into a definitive asset purchase agreement with DT (NASDAQ: APPS), formerly Digital Turbine, to acquire select strategic AdColony assets including the AdColony SDK for Android and iOS devices, tech platform, existing integration with in-app publishers and mediation platforms, the brand name, domain and the goodwill exclusively related to the assets. 

The acquisition aligns with Affle’s 10X growth strategy to augment its Consumer Platform technology stack with broader SDK reach, spanning a wide and diverse range of mobile publisher connections globally. Affle’s deep verticalization strategy and expanded IP portfolio ensure enhanced human-vs-non-human data distillation to drive premium consumer conversions through its differentiated CPCU (Cost Per Converted User) business model.

“We are excited to announce this strategic acquisition of assets as part of our 10X growth plan,” said Anuj Khanna Sohum, Chairperson, MD & CEO of Affle. “The integration of AdColony is a significant step towards driving global scale for Affle’s advertisers with premium conversions powered by deeper audience intelligence across all our industry verticals. With our integrated stack, we will unlock greater ROI for our advertisers and publishers alike, and thus drive long-term value for our stakeholders.”

The transaction enables DT to further focus investment and resources on its core media and distribution platforms and differentiated data and intelligence assets.

“We made the strategic decision following our Fyber and AdColony acquisitions to consolidate around a single exchange platform, which became the foundation for what is now DTX,” said Bill Stone, CEO of DT. “That decision allowed us to simplify our technology stack, focus our investment, and build a stronger long-term platform. Affle is a natural partner for these AdColony assets, and this transaction creates an opportunity to deepen our commercial relationship, leveraging our respective supply, demand and technology strengths to deliver greater value for advertisers, publishers and partners.”

“This acquisition reinforces Affle’s commitment to continuously scaling globally and delivering personalized recommendations across the connected consumer journeys,” said Sameer Sondhi, CEO of North America and Chief Strategic Investments Officer at Affle. “AdColony brings a long-standing and trusted reputation with publishers globally that complements Affle’s broader strategy. The acquisition further strengthens Affle’s ability to drive deeper engagement with both existing and new advertisers worldwide. Enhanced reach, combined with richer audience intelligence for premium consumer conversions, will enable truly differentiated impact.”

Through this acquisition and its ongoing commercial partnership with DT, Affle aims to deliver enhanced value for advertisers, publishers and stakeholders globally.

About Affle Inc.

Affle Inc. is a global technology company enabling verticalized AI-led consumer conversions for advertisers globally, powered by the differentiated CPCU business model across Mobile, CTV and other agentic/autonomous intelligent connected devices (AICDs). Affle 3i Consumer Platform enables advertisers to optimize targeting, personalize user engagement and maximize ROI by combining proprietary data, deep audience intelligence and advanced agentic AI capabilities. With innovative technology integrations, Affle maximizes user engagement at every stage of the consumer journey across connected devices with algorithms that go beyond automation and efficiency to deliver next-gen experiences through deep human-vs-non-human data distillation.

Affle Inc. is a step down US subsidiary of Affle 3i Limited, which is listed on the NSE (AFFLE) and BSE (542752).

For more information, visit – www.affle.com | contact – pr@affle.com

 

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