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Hyperloop Technology Market size is set to grow by USD 29.12 billion from 2024-2028, Increase in demand for fast mode of transportation boost the market, Technavio

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NEW YORK, July 25, 2024 /PRNewswire/ — The global hyperloop technology market size is estimated to grow by USD 29.12 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of  64.67%  during the forecast period. Increase in demand for fast mode of transportation is driving market growth, with a trend towards increase in demand for hyperloop technology from emerging economies. However, high infrastructure costs  poses a challenge. Key market players include AECOM, Delft Hyperloop, Dinclix GroundWorks Pvt. Ltd., Hardt B.V., Hyperloop Transportation Technologies Inc., Nevomo Poland Sp. Z o.o, NEXT Prototypes e.V, The Boring Co., TransPod Inc., Virgin Red Ltd., and Zeleros Global SL.

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Hyperloop Technology Market Scope

Report Coverage

Details

Base year

2023

Historic period

2018 – 2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 64.67%

Market growth 2024-2028

USD 29124.5 million

Market structure

Concentrated

YoY growth 2022-2023 (%)

44.98

Regional analysis

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

Performing market contribution

North America at 38%

Key countries

US, China, Canada, UAE, and The Netherlands

Key companies profiled

AECOM, Delft Hyperloop, Dinclix GroundWorks Pvt. Ltd., Hardt B.V., Hyperloop Transportation Technologies Inc., Nevomo Poland Sp. Z o.o, NEXT Prototypes e.V, The Boring Co., TransPod Inc., Virgin Red Ltd., and Zeleros Global SL

Market Driver

In emerging economies like China and India, population density and limited ground space for transportation infrastructure development necessitate the need for innovative, fast, and environmentally friendly commuting solutions. Hyperloop technology offers a viable alternative by enabling the construction of high-speed transportation systems underground, minimizing disruption to daily ground-level activities. The increasing demand for public transportation and substantial investments in hyperloop technology are driving market growth in these countries. For instance, in India, the Indian Institute of Technology Madras (IIT Madras)-incubated startup TuTr Hyperloop is collaborating with IIT Madras to develop intellectual property (IP) in hyperloop technology. In December 2022, TuTr Hyperloop entered partnerships with Tata Steel and Hardt B.V., a European hyperloop technology company, to work on the development and deployment of hyperloop technology. These collaborations aim to create interoperable hyperloop technology between Europe and India, further boosting market expansion. Overall, the growing demand for efficient transportation solutions and investments in hyperloop technology are expected to fuel the global hyperloop technology market’s growth during the forecast period. 

Hyperloop transportation technology is making waves in the current trends of high-speed travel. This innovative system uses a pod-like vehicle that travels through a reduced pressure tube, reaching average speeds of 350 miles per hour. Los Angeles to Las Vegas in just 80 minutes – a journey that would typically take hours by road or rail – is now a possibility. The technology’s impact analysis is significant, with potential for major damage reduction compared to air travel and the speed of sound surpassing bullet trains. An analytical depiction of the market shows imminent investment pockets, with overall market potential estimated to be profitable. The future estimations of hyperloop’s maximum speed reaching 760 mph make it a stronger foothold in the transportation industry. Sealed tubes, whether filled with air or water, offer a faster and more efficient alternative to traditional modes of transport. The race is on for companies to secure their place in this exciting market. 

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Market Challenges

The hyperloop technology market faces substantial infrastructure costs as major challenges. Seals for pod hatches and doors are essential but necessitate regular maintenance and can cause issues, similar to the upkeep of bridges, train tracks, and roads in cities. Land acquisition is another significant hurdle. The technology’s commercial feasibility costs around USD25USD27 million per mile, excluding land acquisition. For instance, an almost entirely underwater track from Helsinki to Stockholm costs USD64 million per mile, including vehicles. In comparison, California high-speed rail costs USD63USD65 million per mile, while Europe’s cost is USD43 million per mile, including train sets. However, these figures encompass land acquisition expenses. Consequently, high infrastructure costs pose a significant barrier to the hyperloop technology market’s growth during the forecast period.Hyperloop is a high-speed transportation system featuring a pod or capsule-like vehicle that travels in a sealed tube with reduced pressure. The average travelling speed is 600 mph, with a maximum speed of 760 mph, surpassing air and water travel. This technology uses minimal air resistance and friction, making it energy-efficient and environment-friendly. However, challenges include technical glitches, shortage of power, and safety & security concerns. Companies like AECOM, Dinclix Ground Works, Hyperloop India, Hyperloop One Inc., Hyperloop Transportation Technology, Tesla Inc., TransPod Inc., Uwashington Hyperloop, and VicHyper are working on this innovative transportation system. The system’s tubes can be built on geography unsuitable for roads or rails, making it an attractive solution for cargo/freight transportation. Despite its advantages, environmental concerns and safety measures are crucial considerations. The Hyperloop’s carriage type transportation system has the potential to revolutionize the way we move passengers and freight, offering a low-cost, energy-efficient, and decongested traffic solution.

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Segment Overview 

This hyperloop technology market report extensively covers market segmentation by  

Mode Of Transportation 1.1 Tube1.2 Capsule1.3 Propulsion system1.4 RouteDistribution Channel2.1 Passenger2.2 FreightGeography 3.1 North America3.2 APAC3.3 Europe3.4 Middle East and Africa3.5 South America

1.1 Tube- 

For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2017-2021) – Download a Sample Report

Learn and explore more about Technavio’s in-depth research reports

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Research Analysis

Hyperloop is an emerging high-speed transportation technology that utilizes a sealed vacuum tube for propelling capsule-like vehicles at average travelling speeds exceeding 600 km/h. The technology aims to address the shortage of power and decongestion of traffic by reducing air resistance and friction through reduced pressure in the tubes. The maximum speed of a Hyperloop pod can reach up to 1,200 km/h, making it a promising alternative to traditional rail and air travel for both passengers and freight. However, technical glitches and the high cost of building and maintaining the tubes remain challenges for the industry. The energy-efficient technology has the potential to revolutionize transportation, but its success depends on the successful resolution of these issues and the feasibility of routes based on geography and infrastructure.

Market Research Overview

Hyperloop is an emerging high-speed transportation technology featuring a pod or capsule-like vehicle that travels through a sealed tube maintained at reduced pressure. The average travelling speed is around 600 mph, with a maximum speed of 760 mph. The tubes can be filled with air or water, making it an alternative to traditional road and rail transport. Hyperloop’s energy-efficient and environment-friendly nature makes it an attractive option for both passenger and freight transportation. However, technical glitches and shortages of power remain challenges. Decongestion of traffic, especially in densely populated areas, is a significant benefit. Geography plays a crucial role in determining the potential routes for this transportation system. Cargo/freight and passenger tubes are under development by various organizations, including Hyperloop India, Dinclix Ground Works, Hyperloop One, Inc., Hyperloop Transportation Technology, Tesla, Inc., TransPod Inc., Uwashington Hyperloop, and VicHyper. Current trends suggest a stronger foothold in the transportation industry, with future estimations pointing towards imminent investment pockets. The overall market potential is significant, with profitable trends in reducing travel time and environmental impact. However, safety and security concerns, as well as environmental concerns, require careful consideration. The hyperloop transportation technology is poised to make a major impact on the transportation industry, offering a faster alternative to traditional modes of transport like bullet trains, with routes such as Los Angeles to Las Vegas expected to reduce travel time from 80 minutes to just 22 minutes at speeds approaching the speed of sound.

Table of Contents:

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

Mode Of TransportationTubeCapsulePropulsion SystemRouteDistribution ChannelPassengerFreightGeographyNorth AmericaAPACEuropeMiddle 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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Moonlock by MacPaw Wins Red Dot Award 2026

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Moonlock earns recognition in the Interface & User Experience Design category, proving that thoughtful design belongs in cybersecurity as much as anywhere else.

BOSTON, Sept. 7, 2026 /PRNewswire/ — MacPaw is proud to announce that Moonlock, its antivirus and protection app for Mac users, has been named a winner of the 2026 Red Dot Award: Brands & Communication Design, recognized in the Interface & User Experience Design category. The award is an international mark of design excellence, judged on the strength of an idea, its execution, and its real-world impact.

Since launching in October 2025, Moonlock has taken a different approach to cybersecurity, reflected in every detail of the app. Its intuitive interface, plain-spoken copy, and hand-drawn illustrations replace the cold, technical tone common to security software. The result is a security app making protection feel easy and stress-free for everyone, expert or not.

Clear, human, beautiful products are a core MacPaw value, and the company pays attention to every detail, from aesthetics to user experience. Moonlock is no exception: it was built to make cybersecurity accessible to everyone, whatever their background — and design is central to that mission.

“Cybersecurity has a reputation for being intimidating — all alerts and jargon, with the sense that you need to be an expert just to stay safe. We built Moonlock to change that,” said Oleg Stukalenko, Head of Product Management at Moonlock by MacPaw. “From the start, we wanted it to feel human and welcoming, so that online protection becomes a natural part of everyday life rather than something people worry about. We think of design as everything someone actually experiences with us, not just the screen in front of them. Having the Red Dot jury recognize that work means a lot to the whole team.”

The Red Dot Award: Brands & Communication Design celebrates the craft behind how a product looks, feels, and speaks to the people who use it. Held since 1993, the competition is open to established and emerging designers, agencies, and companies across 18 categories. Each year, an international jury of 30 experts from design, science, media, and consultancy evaluates the entries, bringing a wide range of professional and cultural perspectives to every decision.

With this win, Moonlock continues MacPaw’s legacy of design excellence. It is the company’s fourth Red Dot Award: in 2017, Gemini 2 became the first macOS application to win the honor, followed by CleanMyMac in 2021 and CleanMy®Phone in 2024.

About Moonlock

Moonlock is a part of the MacPaw ecosystem that offers simple, approachable, and stress-free Mac protection and antivirus capabilities.

About MacPaw

MacPaw is a global technology company founded in Kyiv, Ukraine, with offices in Boston, MA and the EU, creating a digital ecosystem for Mac users. Combining capabilities such as system care, cybersecurity, app discovery, and more, the ecosystem aims to unite MacPaw’s suite of software, third-party tools, and AI solutions to collaborate on behalf of the user. Through Eney, an AI-powered assistant and the interface of the ecosystem, MacPaw aims to help users and developers within their workflows, driving the next generation of human-computer interaction.

Contacts

pr_team@macpaw.com 

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SOURCE MacPaw

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DBGallery Delivers “AI Knowledge Layer for Visual Assets,” Bringing Automated Enterprise DAM to Organizations of All Sizes

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Automated AI metadata converts photos and videos into structured organizational knowledge, transforming digital chaos into a strategic advantage without the manual effort.

TORONTO, Sept. 7, 2026 /PRNewswire-PRWeb/ — DBGallery today announced the expansion of its visual intelligence capabilities, formally positioning its platform as an AI Knowledge Layer for Visual Assets for organizations and teams of all sizes. By replacing manual keywording with automated AI metadata analysis, DBGallery converts raw photos, graphics, and video into rich, structured organizational knowledge the moment they are uploaded.

For years, visual assets lost value because nobody had the bandwidth to tag them. With an automated metadata layer, that changes completely. Visual media becomes instantly discoverable, creating compounding, multi-year value, and puts DAM within reach of more organizations.

Historically, Digital Asset Management (DAM) was reserved for large media organizations with dedicated archiving staff. Resource-constrained teams across tourism boards, municipalities, higher education, non-profits, and marketing teams across numerous industries were locked out by the sheer labor required to manually tag thousands of files—turning vast digital asset libraries into unsearchable “file graveyards.”

DBGallery’s AI Knowledge Layer changes that economic equation by shifting DAM from a labor-intensive requirement into an automated, accessible workflow hub.

“For years, visual assets lost value over time because nobody had the bandwidth to tag them properly,” said Glenn Rogers, Director of Product and Project Management at DBGallery. “When you introduce an automated metadata knowledge layer, that changes completely. Visual media becomes instantly discoverable through structured context, custom prompt targeting, embedded OCR text, and interactive video transcripts. The metadata doesn’t just solve today’s search, it creates compounding, multi-year value for the entire organization, and brings DAM within reach to more organizations.”

Key Capabilities of the DBGallery AI Knowledge Layer include:

Automated Auto-Enrichment: Extracts OCR text from images and PDFs, identifies objects and faces, and summarizes photo and video content upon upload or subsequent batch analysis.Custom AI Description Prompts: Admins and users can tailor global or image-specific prompts to extract structured domain data—ranging from architectural style identification and brand compliance to social media captions and emotional tone analysis—and can be outputted as HTML or JSON for direct ingestion into websites or ERP systems.Interactive Video Transcription & Timelines: Generates time-stamped, sentence-by-sentence spoken transcripts aligned with video playback, allowing teams to click any transcript line to jump instantly to that exact moment in the video.Non-Spoken Scene Analysis: Automatically inserts AI visual scene descriptions into pauses in speech or non-verbal video clips, ensuring complete visual context alongside spoken transcripts.

This AI framework is integrated directly into DBGallery’s production-proven platform, capable of scaling to millions of assets and thousands of users. Designed specifically for multi-user team collaboration, the platform combines Single Sign-On (SSO) and granular action-level permissions with full audit trails, custom metadata fields, usage analytics, and cloud or on-premises deployment options.

By combining cutting-edge AI automation with a secure, highly scalable foundation, DBGallery allows organizations of any size to deploy enterprise-grade digital asset management without adding administrative headcount or compromising on data governance.

To explore the AI Metadata Value Chain or learn more about DBGallery’s enterprise AI capabilities, visit https://dbgallery.com/ai.

About DBGallery

DBGallery is a leading Digital Asset Management (DAM) platform trusted by over 100+ brands across more than 25 countries, ranging from non-profits and educational institutions to global enterprise organizations. By combining scalable SaaS or on-premises architecture with powerful AI metadata automation, DBGallery empowers teams of any size to organize, discover, and turn visual media into structured, searchable business data. Learn more at https://dbgallery.com and https://dbgallery.com/ai.

Media Contact

Glenn Rogers, DBGallery, 1 8888080381, grogers@dbgallery.com, https://dbgallery.com

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Coda Launches Fresh Coda.co Website, Built for Publisher Growth

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SINGAPORE, Sept. 7, 2026 /PRNewswire/ — Coda today launched a revamped Coda.co website, creating a more comprehensive destination to explore Coda’s products, pricing, insights, and global capabilities.

The new Coda.co has been rebuilt to meet the needs of Coda’s B2B audiences, with gaming remaining at the heart of Coda’s business and expertise. The site also reflects how Coda is bringing that experience to a growing range of digital commerce businesses across entertainment, education and other verticals.

Designed to make it easier to evaluate opportunities with Coda, the site brings together practical information on market dynamics and local payment preferences alongside richer product pages, case studies and pricing.

The new Market Guides provide a country-level view of consumer behavior, payment preferences, and growth opportunities across 49 markets, while the Payment Guides go deeper on 94 individual payment methods worldwide, covering reach, adoption, and integration considerations.

Coda has also introduced a dedicated Pricing page that offers greater transparency into standard and custom pricing options, payment method coverage, and other commercial considerations. This sits alongside an expanded repository of case studies, white papers, and blog posts, providing deeper insight into why businesses choose Coda and how they use its Merchant of Record service and broader product suite to grow revenue, enter new markets, and build stronger direct-to-consumer channels with ease.

Shane Happach, CEO of Coda, said, “Publishers and brands are making decisions across more markets, payment methods and channels than ever. Our job is to bring clarity to that complexity. The new Coda.co provides a sharper view of the commercial opportunities we see and how Coda’s products and services help our partners turn that potential into meaningful growth. Gaming remains central to Coda, and the expertise we’ve built in the industry continues to shape how we help partners grow across digital commerce.”

The new Coda.co launch marks another milestone in Coda’s evolution as a global digital commerce leader, with a site designed to grow alongside its products, partnerships, and ambitions. The website will be available in Japanese, Chinese, and South Korean languages by the end of the year.

Learn more at the new www.coda.co

About Coda

Coda is a global leader in monetization, distribution, and commerce, trusted by the biggest names in gaming, entertainment, and technology, including Activision, Electronic Arts, Riot Games, Ubisoft, and Moonton. Founded in 2011 and headquartered in Singapore, Coda operates with 670+ employees worldwide, with core hubs in Asia and Europe. Coda combines payments, commerce, distribution, and rewards to drive global revenue growth for brands and publishers.

Coda’s products include Codapay, which provides access to 400+ payment methods across 80+ markets through a single API integration; Coda Webstore, which powers fully customized direct-to-consumer storefronts; Coda Consumer Platforms, including Codashop, Recharge.com, and Startselect.com; Coda Distribution, which extends reach through a network of commerce partners; and Giftcloud, a UK-based rewards business serving enterprise customers across Europe.

Coda is backed by Apis Partners, Insight Partners, Smash Capital, and GIC, and has been named an APAC High Growth Company (2023) by Financial Times, one of Granite Asia’s NextGenTech 30 (2024), a payments leader on Fortune’s Fintech Innovation Asia list (2024), and listed among The Straits Times Fastest Growing Fintechs (2024). For more on Coda, visit coda.co.

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