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Source: https://dailyindianews.com/feed/

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31. <title>Sonata Software: International Services Dollar revenue for FY&#8217;24 of 323.6 Mn grew 34.3% YoY; Domestic business delivered Gross contribution for FY&#8217;24 of 260.4 Cr 18.6% YoY growth in INR; The Board recommends a final dividend of ₹ 4.40 per share (FY&#8217;24 total dividend ₹ 7.90 per share)</title>
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39. <description><![CDATA[<p><span class="xn-location">MUMBAI, India</span>, <span class="xn-chron">May 7, 2024</span> /PRNewswire/ -- <a href="https://www.sonata-software.com/" rel="nofollow noopener" target="_blank">Sonata Software</a> (NSE: SONATSOFTW) (BSE: 532221), a leader in Modernization Engineering, today reported its audited financial results for its Financial Year ended <span class="xn-chron">March 31, 2024</span>.</p>
40. <div dir="ltr" id="prni_dvprnejpg9057left" style="width: 100%; text-align: left;"><img align="middle" alt="Sonata_Software_Logo" id="prnejpg9057left" src="https://mma.prnewswire.com/media/689012/4257625/Sonata_Software_Logo.jpg" style="width: 400px; height: 279px;" title="Sonata_Software_Logo"></img></div>
41. <p> </p>
42. <div>
43. <table border="0" cellpadding="1" cellspacing="0" class="prnbcc">
44. <tr>
45. <td class="prnpr10 prnpl2 prnvab prntar prncbts prnrbrb1 prnbbbs prnbsbls" colspan="1" rowspan="1"></br></td>
46. <td class="prngen3" colspan="1" rowspan="1"></br></td>
47. <td class="prngen3" colspan="1" rowspan="1"></br></td>
48. <td class="prngen3" colspan="1" rowspan="1"></br></td>
49. <td class="prngen3" colspan="1" rowspan="1"></br></td>
50. <td class="prngen3" colspan="1" rowspan="1"></br></td>
51. <td class="prngen3" colspan="1" rowspan="1"></br></td>
52. <td class="prngen3" colspan="1" rowspan="1"></br></td>
53. <td class="prngen3" colspan="1" rowspan="1"></br></td>
54. <td class="prngen3" colspan="1" rowspan="1"></br></td>
55. <td class="prngen3" colspan="1" rowspan="1"></br></td>
56. <td class="prngen3" colspan="1" rowspan="1"></br></td>
57. <td class="prngen3" colspan="1" rowspan="1"></br></td>
58. <td class="prngen3" colspan="1" rowspan="1"></br></td>
59. <td class="prngen3" colspan="1" rowspan="1"></br></td>
60. <td class="prngen3" colspan="1" rowspan="1"></br></td>
61. <td class="prngen3" colspan="1" rowspan="1"></br></td>
62. <td class="prnpr2 prnpl2 prnvab prntar prncbts prnbrbrs prnbbbs prnsblb1" colspan="1" rowspan="1">
63. <p class="prnml4"><span class="prnews_span"><b><i>in </i></b><b><i>₹</i></b><b><i> Crores</i></b></span></p>
64. </td>
65. </tr>
66. <tr>
67. <td class="prngen5" colspan="1" rowspan="1">
68. <p class="prnml4"><span class="prnews_span"><b><i>Description</i></b></span></p>
69. </td>
70. <td class="prngen6" colspan="1" rowspan="1"></br></td>
71. <td class="prnpr2 prnpl2 prnvab prntac prncbts prnrbrb1 prnbbbs prnsblb1" colspan="10" rowspan="1">
72. <p class="prnml4"><span class="prnews_span"><b><i>    For the Quarter ended </i></b></span></p>
73. </td>
74. <td class="prngen6" colspan="1" rowspan="1"></br></td>
75. <td class="prnpr2 prnpl2 prnvab prntac prncbts prnbrbrs prnbbbs prnsblb1" colspan="5" rowspan="1">
76. <p class="prnml4"><span class="prnews_span"><b><i>    For the year ended </i></b></span></p>
77. </td>
78. </tr>
79. <tr>
80. <td class="prngen9" colspan="1" rowspan="1"></br></td>
81. <td class="prngen6" colspan="1" rowspan="1"></br></td>
82. <td class="prngen10" colspan="1" rowspan="1">
83. <p class="prnml4"><span class="prnews_span"><b><i>31-Mar-24</i></b></span></p>
84. </td>
85. <td class="prngen6" colspan="1" rowspan="1"></br></td>
86. <td class="prngen10" colspan="1" rowspan="1">
87. <p class="prnml4"><span class="prnews_span"><b><i>31-Dec-23</i></b></span></p>
88. </td>
89. <td class="prngen6" colspan="1" rowspan="1"></br></td>
90. <td class="prngen11" colspan="1" rowspan="1">
91. <p class="prnml4"><span class="prnews_span"><b><i>QoQ</i></b></span></p>
92. </td>
93. <td class="prngen6" colspan="1" rowspan="1"></br></td>
94. <td class="prngen10" colspan="1" rowspan="1">
95. <p class="prnml4"><span class="prnews_span"><b><i>31-Mar-23</i></b></span></p>
96. </td>
97. <td class="prngen6" colspan="1" rowspan="1"></br></td>
98. <td class="prngen6" colspan="1" rowspan="1"></br></td>
99. <td class="prngen11" colspan="1" rowspan="1">
100. <p class="prnml4"><span class="prnews_span"><b><i>YoY</i></b></span></p>
101. </td>
102. <td class="prngen6" colspan="1" rowspan="1"></br></td>
103. <td class="prngen10" colspan="1" rowspan="1">
104. <p class="prnml4"><span class="prnews_span"><b><i>31-Mar-24</i></b></span></p>
105. </td>
106. <td class="prngen6" colspan="1" rowspan="1"></br></td>
107. <td class="prngen10" colspan="1" rowspan="1">
108. <p class="prnml4"><span class="prnews_span"><b><i>31-Mar-23</i></b></span></p>
109. </td>
110. <td class="prngen6" colspan="1" rowspan="1"></br></td>
111. <td class="prnpr2 prnpl2 prnvab prnbrbrs prnbbbs" colspan="1" rowspan="1">
112. <p class="prntac prnml4"><span class="prnews_span"><b><i>YoY</i></b></span></p>
113. </td>
114. </tr>
115. <tr>
116. <td class="prngen13" colspan="1" rowspan="1">
117. <p class="prnml4"><span class="prnews_span"><b>Revenues</b></span></p>
118. </td>
119. <td class="prngen6" colspan="1" rowspan="1"></br></td>
120. <td class="prngen6" colspan="1" rowspan="1"></br></td>
121. <td class="prngen6" colspan="1" rowspan="1"></br></td>
122. <td class="prngen6" colspan="1" rowspan="1"></br></td>
123. <td class="prngen6" colspan="1" rowspan="1"></br></td>
124. <td class="prngen6" colspan="1" rowspan="1"></br></td>
125. <td class="prngen6" colspan="1" rowspan="1"></br></td>
126. <td class="prngen6" colspan="1" rowspan="1"></br></td>
127. <td class="prngen6" colspan="1" rowspan="1"></br></td>
128. <td class="prngen6" colspan="1" rowspan="1"></br></td>
129. <td class="prngen6" colspan="1" rowspan="1"></br></td>
130. <td class="prngen6" colspan="1" rowspan="1"></br></td>
131. <td class="prngen6" colspan="1" rowspan="1"></br></td>
132. <td class="prngen6" colspan="1" rowspan="1"></br></td>
133. <td class="prngen6" colspan="1" rowspan="1"></br></td>
134. <td class="prngen6" colspan="1" rowspan="1"></br></td>
135. <td class="prngen14" colspan="1" rowspan="1"></br></td>
136. </tr>
137. <tr>
138. <td class="prngen5" colspan="1" rowspan="1">
139. <p class="prnml4"><span class="prnews_span">International IT Services</span></p>
140. </td>
141. <td class="prngen6" colspan="1" rowspan="1"></br></td>
142. <td class="prngen6" colspan="1" rowspan="1">
143. <p class="prnml4"><span class="prnews_span">679.0</span></p>
144. </td>
145. <td class="prngen6" colspan="1" rowspan="1"></br></td>
146. <td class="prngen6" colspan="1" rowspan="1">
147. <p class="prnml4"><span class="prnews_span">696.8</span></p>
148. </td>
149. <td class="prngen6" colspan="1" rowspan="1"></br></td>
150. <td class="prngen15" colspan="1" rowspan="1">
151. <p class="prnml4"><span class="prnews_span">-3 %</span></p>
152. </td>
153. <td class="prngen6" colspan="1" rowspan="1"></br></td>
154. <td class="prngen6" colspan="1" rowspan="1">
155. <p class="prnml4"><span class="prnews_span">533.5</span></p>
156. </td>
157. <td class="prngen6" colspan="1" rowspan="1"></br></td>
158. <td class="prngen6" colspan="1" rowspan="1"></br></td>
159. <td class="prngen15" colspan="1" rowspan="1">
160. <p class="prnml4"><span class="prnews_span">27 %</span></p>
161. </td>
162. <td class="prngen6" colspan="1" rowspan="1"></br></td>
163. <td class="prngen6" colspan="1" rowspan="1">
164. <p class="prnml4"><span class="prnews_span">2,679.6</span></p>
165. </td>
166. <td class="prngen6" colspan="1" rowspan="1"></br></td>
167. <td class="prngen6" colspan="1" rowspan="1">
168. <p class="prnml4"><span class="prnews_span">1,920.4</span></p>
169. </td>
170. <td class="prngen6" colspan="1" rowspan="1"></br></td>
171. <td class="prngen16" colspan="1" rowspan="1">
172. <p class="prnml4"><span class="prnews_span">40 %</span></p>
173. </td>
174. </tr>
175. <tr>
176. <td class="prngen5" colspan="1" rowspan="1">
177. <p class="prnml4"><span class="prnews_span">Domestic- Products &#38; Services  </span></p>
178. </td>
179. <td class="prngen6" colspan="1" rowspan="1"></br></td>
180. <td class="prngen6" colspan="1" rowspan="1">
181. <p class="prnml4"><span class="prnews_span">1,514.5</span></p>
182. </td>
183. <td class="prngen6" colspan="1" rowspan="1"></br></td>
184. <td class="prngen6" colspan="1" rowspan="1">
185. <p class="prnml4"><span class="prnews_span">1,800.3</span></p>
186. </td>
187. <td class="prngen6" colspan="1" rowspan="1"></br></td>
188. <td class="prngen15" colspan="1" rowspan="1">
189. <p class="prnml4"><span class="prnews_span">-16 %</span></p>
190. </td>
191. <td class="prngen6" colspan="1" rowspan="1"></br></td>
192. <td class="prngen6" colspan="1" rowspan="1">
193. <p class="prnml4"><span class="prnews_span">1,383.4</span></p>
194. </td>
195. <td class="prngen6" colspan="1" rowspan="1"></br></td>
196. <td class="prngen6" colspan="1" rowspan="1"></br></td>
197. <td class="prngen15" colspan="1" rowspan="1">
198. <p class="prnml4"><span class="prnews_span">9 %</span></p>
199. </td>
200. <td class="prngen6" colspan="1" rowspan="1"></br></td>
201. <td class="prngen6" colspan="1" rowspan="1">
202. <p class="prnml4"><span class="prnews_span">5,950.5</span></p>
203. </td>
204. <td class="prngen6" colspan="1" rowspan="1"></br></td>
205. <td class="prngen6" colspan="1" rowspan="1">
206. <p class="prnml4"><span class="prnews_span">5,540.4</span></p>
207. </td>
208. <td class="prngen6" colspan="1" rowspan="1"></br></td>
209. <td class="prngen16" colspan="1" rowspan="1">
210. <p class="prnml4"><span class="prnews_span">7 %</span></p>
211. </td>
212. </tr>
213. <tr>
214. <td class="prngen17" colspan="1" rowspan="1">
215. <p class="prnml4"><span class="prnews_span">Consolidated</span></p>
216. </td>
217. <td class="prngen18" colspan="1" rowspan="1"></br></td>
218. <td class="prngen18" colspan="1" rowspan="1">
219. <p class="prnml4"><span class="prnews_span">2,191.6</span></p>
220. </td>
221. <td class="prngen18" colspan="1" rowspan="1"></br></td>
222. <td class="prngen18" colspan="1" rowspan="1">
223. <p class="prnml4"><span class="prnews_span">2,493.4</span></p>
224. </td>
225. <td class="prngen18" colspan="1" rowspan="1"></br></td>
226. <td class="prngen19" colspan="1" rowspan="1">
227. <p class="prnml4"><span class="prnews_span">-12 %</span></p>
228. </td>
229. <td class="prngen18" colspan="1" rowspan="1"></br></td>
230. <td class="prngen18" colspan="1" rowspan="1">
231. <p class="prnml4"><span class="prnews_span">1,913.5</span></p>
232. </td>
233. <td class="prngen18" colspan="1" rowspan="1"></br></td>
234. <td class="prngen18" colspan="1" rowspan="1"></br></td>
235. <td class="prngen19" colspan="1" rowspan="1">
236. <p class="prnml4"><span class="prnews_span">15 %</span></p>
237. </td>
238. <td class="prngen18" colspan="1" rowspan="1"></br></td>
239. <td class="prngen18" colspan="1" rowspan="1">
240. <p class="prnml4"><span class="prnews_span">8,613.1</span></p>
241. </td>
242. <td class="prngen18" colspan="1" rowspan="1"></br></td>
243. <td class="prngen18" colspan="1" rowspan="1">
244. <p class="prnml4"><span class="prnews_span">7,449.1</span></p>
245. </td>
246. <td class="prngen18" colspan="1" rowspan="1"></br></td>
247. <td class="prngen20" colspan="1" rowspan="1">
248. <p class="prnml4"><span class="prnews_span">16 %</span></p>
249. </td>
250. </tr>
251. <tr>
252. <td class="prngen9" colspan="1" rowspan="1"></br></td>
253. <td class="prngen6" colspan="1" rowspan="1"></br></td>
254. <td class="prngen6" colspan="1" rowspan="1"></br></td>
255. <td class="prngen6" colspan="1" rowspan="1"></br></td>
256. <td class="prngen6" colspan="1" rowspan="1"></br></td>
257. <td class="prngen6" colspan="1" rowspan="1"></br></td>
258. <td class="prngen6" colspan="1" rowspan="1"></br></td>
259. <td class="prngen6" colspan="1" rowspan="1"></br></td>
260. <td class="prngen6" colspan="1" rowspan="1"></br></td>
261. <td class="prngen6" colspan="1" rowspan="1"></br></td>
262. <td class="prngen6" colspan="1" rowspan="1"></br></td>
263. <td class="prngen6" colspan="1" rowspan="1"></br></td>
264. <td class="prngen6" colspan="1" rowspan="1"></br></td>
265. <td class="prngen6" colspan="1" rowspan="1"></br></td>
266. <td class="prngen6" colspan="1" rowspan="1"></br></td>
267. <td class="prngen6" colspan="1" rowspan="1"></br></td>
268. <td class="prngen6" colspan="1" rowspan="1"></br></td>
269. <td class="prngen14" colspan="1" rowspan="1"></br></td>
270. </tr>
271. <tr>
272. <td class="prngen13" colspan="1" rowspan="1">
273. <p class="prnml4"><span class="prnews_span"><b>EBITDA</b></span></p>
274. </td>
275. <td class="prngen6" colspan="1" rowspan="1"></br></td>
276. <td class="prngen6" colspan="1" rowspan="1"></br></td>
277. <td class="prngen6" colspan="1" rowspan="1"></br></td>
278. <td class="prngen6" colspan="1" rowspan="1"></br></td>
279. <td class="prngen6" colspan="1" rowspan="1"></br></td>
280. <td class="prngen6" colspan="1" rowspan="1"></br></td>
281. <td class="prngen6" colspan="1" rowspan="1"></br></td>
282. <td class="prngen6" colspan="1" rowspan="1"></br></td>
283. <td class="prngen6" colspan="1" rowspan="1"></br></td>
284. <td class="prngen6" colspan="1" rowspan="1"></br></td>
285. <td class="prngen6" colspan="1" rowspan="1"></br></td>
286. <td class="prngen6" colspan="1" rowspan="1"></br></td>
287. <td class="prngen6" colspan="1" rowspan="1"></br></td>
288. <td class="prngen6" colspan="1" rowspan="1"></br></td>
289. <td class="prngen6" colspan="1" rowspan="1"></br></td>
290. <td class="prngen6" colspan="1" rowspan="1"></br></td>
291. <td class="prngen14" colspan="1" rowspan="1"></br></td>
292. </tr>
293. <tr>
294. <td class="prngen5" colspan="1" rowspan="1">
295. <p class="prnml4"><span class="prnews_span">International IT Services</span></p>
296. </td>
297. <td class="prngen6" colspan="1" rowspan="1"></br></td>
298. <td class="prngen6" colspan="1" rowspan="1">
299. <p class="prnml4"><span class="prnews_span">143.2</span></p>
300. </td>
301. <td class="prngen6" colspan="1" rowspan="1"></br></td>
302. <td class="prngen6" colspan="1" rowspan="1">
303. <p class="prnml4"><span class="prnews_span">168.5</span></p>
304. </td>
305. <td class="prngen6" colspan="1" rowspan="1"></br></td>
306. <td class="prngen15" colspan="1" rowspan="1">
307. <p class="prnml4"><span class="prnews_span">-15 %</span></p>
308. </td>
309. <td class="prngen6" colspan="1" rowspan="1"></br></td>
310. <td class="prngen6" colspan="1" rowspan="1">
311. <p class="prnml4"><span class="prnews_span">123.5</span></p>
312. </td>
313. <td class="prngen6" colspan="1" rowspan="1"></br></td>
314. <td class="prngen6" colspan="1" rowspan="1"></br></td>
315. <td class="prngen15" colspan="1" rowspan="1">
316. <p class="prnml4"><span class="prnews_span">16 %</span></p>
317. </td>
318. <td class="prngen6" colspan="1" rowspan="1"></br></td>
319. <td class="prngen6" colspan="1" rowspan="1">
320. <p class="prnml4"><span class="prnews_span">627.7</span></p>
321. </td>
322. <td class="prngen6" colspan="1" rowspan="1"></br></td>
323. <td class="prngen6" colspan="1" rowspan="1">
324. <p class="prnml4"><span class="prnews_span">482.0</span></p>
325. </td>
326. <td class="prngen6" colspan="1" rowspan="1"></br></td>
327. <td class="prngen16" colspan="1" rowspan="1">
328. <p class="prnml4"><span class="prnews_span">30 %</span></p>
329. </td>
330. </tr>
331. <tr>
332. <td class="prngen5" colspan="1" rowspan="1">
333. <p class="prnml4"><span class="prnews_span">Domestic- Products &#38; Services</span></p>
334. </td>
335. <td class="prngen6" colspan="1" rowspan="1"></br></td>
336. <td class="prngen6" colspan="1" rowspan="1">
337. <p class="prnml4"><span class="prnews_span">56.2</span></p>
338. </td>
339. <td class="prngen6" colspan="1" rowspan="1"></br></td>
340. <td class="prngen6" colspan="1" rowspan="1">
341. <p class="prnml4"><span class="prnews_span">59.2</span></p>
342. </td>
343. <td class="prngen6" colspan="1" rowspan="1"></br></td>
344. <td class="prngen15" colspan="1" rowspan="1">
345. <p class="prnml4"><span class="prnews_span">-5 %</span></p>
346. </td>
347. <td class="prngen6" colspan="1" rowspan="1"></br></td>
348. <td class="prngen6" colspan="1" rowspan="1">
349. <p class="prnml4"><span class="prnews_span">54.0</span></p>
350. </td>
351. <td class="prngen6" colspan="1" rowspan="1"></br></td>
352. <td class="prngen6" colspan="1" rowspan="1"></br></td>
353. <td class="prngen15" colspan="1" rowspan="1">
354. <p class="prnml4"><span class="prnews_span">4 %</span></p>
355. </td>
356. <td class="prngen6" colspan="1" rowspan="1"></br></td>
357. <td class="prngen6" colspan="1" rowspan="1">
358. <p class="prnml4"><span class="prnews_span">228.3</span></p>
359. </td>
360. <td class="prngen6" colspan="1" rowspan="1"></br></td>
361. <td class="prngen6" colspan="1" rowspan="1">
362. <p class="prnml4"><span class="prnews_span">196.8</span></p>
363. </td>
364. <td class="prngen6" colspan="1" rowspan="1"></br></td>
365. <td class="prngen16" colspan="1" rowspan="1">
366. <p class="prnml4"><span class="prnews_span">16 %</span></p>
367. </td>
368. </tr>
369. <tr>
370. <td class="prngen17" colspan="1" rowspan="1">
371. <p class="prnml4"><span class="prnews_span">Consolidated</span></p>
372. </td>
373. <td class="prngen18" colspan="1" rowspan="1"></br></td>
374. <td class="prngen18" colspan="1" rowspan="1">
375. <p class="prnml4"><span class="prnews_span">198.8</span></p>
376. </td>
377. <td class="prngen18" colspan="1" rowspan="1"></br></td>
378. <td class="prngen18" colspan="1" rowspan="1">
379. <p class="prnml4"><span class="prnews_span">227.2</span></p>
380. </td>
381. <td class="prngen18" colspan="1" rowspan="1"></br></td>
382. <td class="prngen19" colspan="1" rowspan="1">
383. <p class="prnml4"><span class="prnews_span">-12 %</span></p>
384. </td>
385. <td class="prngen18" colspan="1" rowspan="1"></br></td>
386. <td class="prngen18" colspan="1" rowspan="1">
387. <p class="prnml4"><span class="prnews_span">176.6</span></p>
388. </td>
389. <td class="prngen18" colspan="1" rowspan="1"></br></td>
390. <td class="prngen18" colspan="1" rowspan="1"></br></td>
391. <td class="prngen19" colspan="1" rowspan="1">
392. <p class="prnml4"><span class="prnews_span">13 %</span></p>
393. </td>
394. <td class="prngen18" colspan="1" rowspan="1"></br></td>
395. <td class="prngen18" colspan="1" rowspan="1">
396. <p class="prnml4"><span class="prnews_span">853.0</span></p>
397. </td>
398. <td class="prngen18" colspan="1" rowspan="1"></br></td>
399. <td class="prngen18" colspan="1" rowspan="1">
400. <p class="prnml4"><span class="prnews_span">675.0</span></p>
401. </td>
402. <td class="prngen18" colspan="1" rowspan="1"></br></td>
403. <td class="prngen20" colspan="1" rowspan="1">
404. <p class="prnml4"><span class="prnews_span">26 %</span></p>
405. </td>
406. </tr>
407. <tr>
408. <td class="prngen9" colspan="1" rowspan="1"></br></td>
409. <td class="prngen6" colspan="1" rowspan="1"></br></td>
410. <td class="prngen6" colspan="1" rowspan="1"></br></td>
411. <td class="prngen6" colspan="1" rowspan="1"></br></td>
412. <td class="prngen6" colspan="1" rowspan="1"></br></td>
413. <td class="prngen6" colspan="1" rowspan="1"></br></td>
414. <td class="prngen6" colspan="1" rowspan="1"></br></td>
415. <td class="prngen6" colspan="1" rowspan="1"></br></td>
416. <td class="prngen6" colspan="1" rowspan="1"></br></td>
417. <td class="prngen6" colspan="1" rowspan="1"></br></td>
418. <td class="prngen6" colspan="1" rowspan="1"></br></td>
419. <td class="prngen6" colspan="1" rowspan="1"></br></td>
420. <td class="prngen6" colspan="1" rowspan="1"></br></td>
421. <td class="prngen6" colspan="1" rowspan="1"></br></td>
422. <td class="prngen6" colspan="1" rowspan="1"></br></td>
423. <td class="prngen6" colspan="1" rowspan="1"></br></td>
424. <td class="prngen6" colspan="1" rowspan="1"></br></td>
425. <td class="prngen14" colspan="1" rowspan="1"></br></td>
426. </tr>
427. <tr>
428. <td class="prngen13" colspan="1" rowspan="1">
429. <p class="prnml4"><span class="prnews_span"><b>PAT before exceptional item</b></span></p>
430. </td>
431. <td class="prngen6" colspan="1" rowspan="1"></br></td>
432. <td class="prngen6" colspan="1" rowspan="1"></br></td>
433. <td class="prngen6" colspan="1" rowspan="1"></br></td>
434. <td class="prngen6" colspan="1" rowspan="1"></br></td>
435. <td class="prngen6" colspan="1" rowspan="1"></br></td>
436. <td class="prngen6" colspan="1" rowspan="1"></br></td>
437. <td class="prngen6" colspan="1" rowspan="1"></br></td>
438. <td class="prngen6" colspan="1" rowspan="1"></br></td>
439. <td class="prngen6" colspan="1" rowspan="1"></br></td>
440. <td class="prngen6" colspan="1" rowspan="1"></br></td>
441. <td class="prngen6" colspan="1" rowspan="1"></br></td>
442. <td class="prngen6" colspan="1" rowspan="1"></br></td>
443. <td class="prngen6" colspan="1" rowspan="1"></br></td>
444. <td class="prngen6" colspan="1" rowspan="1"></br></td>
445. <td class="prngen6" colspan="1" rowspan="1"></br></td>
446. <td class="prngen6" colspan="1" rowspan="1"></br></td>
447. <td class="prngen14" colspan="1" rowspan="1"></br></td>
448. </tr>
449. <tr>
450. <td class="prngen5" colspan="1" rowspan="1">
451. <p class="prnml4"><span class="prnews_span">International IT Services</span></p>
452. </td>
453. <td class="prngen6" colspan="1" rowspan="1"></br></td>
454. <td class="prngen6" colspan="1" rowspan="1">
455. <p class="prnml4"><span class="prnews_span">70.3</span></p>
456. </td>
457. <td class="prngen6" colspan="1" rowspan="1"></br></td>
458. <td class="prngen6" colspan="1" rowspan="1">
459. <p class="prnml4"><span class="prnews_span">85.9</span></p>
460. </td>
461. <td class="prngen6" colspan="1" rowspan="1"></br></td>
462. <td class="prngen15" colspan="1" rowspan="1">
463. <p class="prnml4"><span class="prnews_span">-18 %</span></p>
464. </td>
465. <td class="prngen6" colspan="1" rowspan="1"></br></td>
466. <td class="prngen6" colspan="1" rowspan="1">
467. <p class="prnml4"><span class="prnews_span">74.8</span></p>
468. </td>
469. <td class="prngen6" colspan="1" rowspan="1"></br></td>
470. <td class="prngen6" colspan="1" rowspan="1"></br></td>
471. <td class="prngen15" colspan="1" rowspan="1">
472. <p class="prnml4"><span class="prnews_span">-6 %</span></p>
473. </td>
474. <td class="prngen6" colspan="1" rowspan="1"></br></td>
475. <td class="prngen6" colspan="1" rowspan="1">
476. <p class="prnml4"><span class="prnews_span">319.8</span></p>
477. </td>
478. <td class="prngen6" colspan="1" rowspan="1"></br></td>
479. <td class="prngen6" colspan="1" rowspan="1">
480. <p class="prnml4"><span class="prnews_span">310.7</span></p>
481. </td>
482. <td class="prngen6" colspan="1" rowspan="1"></br></td>
483. <td class="prngen16" colspan="1" rowspan="1">
484. <p class="prnml4"><span class="prnews_span">3 %</span></p>
485. </td>
486. </tr>
487. <tr>
488. <td class="prngen5" colspan="1" rowspan="1">
489. <p class="prnml4"><span class="prnews_span">Domestic- Products &#38; Services </span></p>
490. </td>
491. <td class="prngen6" colspan="1" rowspan="1"></br></td>
492. <td class="prngen6" colspan="1" rowspan="1">
493. <p class="prnml4"><span class="prnews_span">40.1</span></p>
494. </td>
495. <td class="prngen6" colspan="1" rowspan="1"></br></td>
496. <td class="prngen6" colspan="1" rowspan="1">
497. <p class="prnml4"><span class="prnews_span">42.6</span></p>
498. </td>
499. <td class="prngen6" colspan="1" rowspan="1"></br></td>
500. <td class="prngen15" colspan="1" rowspan="1">
501. <p class="prnml4"><span class="prnews_span">-6 %</span></p>
502. </td>
503. <td class="prngen6" colspan="1" rowspan="1"></br></td>
504. <td class="prngen6" colspan="1" rowspan="1">
505. <p class="prnml4"><span class="prnews_span">39.0</span></p>
506. </td>
507. <td class="prngen6" colspan="1" rowspan="1"></br></td>
508. <td class="prngen6" colspan="1" rowspan="1"></br></td>
509. <td class="prngen15" colspan="1" rowspan="1">
510. <p class="prnml4"><span class="prnews_span">3 %</span></p>
511. </td>
512. <td class="prngen6" colspan="1" rowspan="1"></br></td>
513. <td class="prngen6" colspan="1" rowspan="1">
514. <p class="prnml4"><span class="prnews_span">163.3</span></p>
515. </td>
516. <td class="prngen6" colspan="1" rowspan="1"></br></td>
517. <td class="prngen6" colspan="1" rowspan="1">
518. <p class="prnml4"><span class="prnews_span">141.2</span></p>
519. </td>
520. <td class="prngen6" colspan="1" rowspan="1"></br></td>
521. <td class="prngen16" colspan="1" rowspan="1">
522. <p class="prnml4"><span class="prnews_span">16 %</span></p>
523. </td>
524. </tr>
525. <tr>
526. <td class="prngen5" colspan="1" rowspan="1">
527. <p class="prnml4"><span class="prnews_span">Consolidated</span></p>
528. </td>
529. <td class="prngen6" colspan="1" rowspan="1"></br></td>
530. <td class="prngen6" colspan="1" rowspan="1">
531. <p class="prnml4"><span class="prnews_span">110.4</span></p>
532. </td>
533. <td class="prngen6" colspan="1" rowspan="1"></br></td>
534. <td class="prngen6" colspan="1" rowspan="1">
535. <p class="prnml4"><span class="prnews_span">128.5</span></p>
536. </td>
537. <td class="prngen6" colspan="1" rowspan="1"></br></td>
538. <td class="prngen15" colspan="1" rowspan="1">
539. <p class="prnml4"><span class="prnews_span">-14 %</span></p>
540. </td>
541. <td class="prngen6" colspan="1" rowspan="1"></br></td>
542. <td class="prngen6" colspan="1" rowspan="1">
543. <p class="prnml4"><span class="prnews_span">113.8</span></p>
544. </td>
545. <td class="prngen6" colspan="1" rowspan="1"></br></td>
546. <td class="prngen6" colspan="1" rowspan="1"></br></td>
547. <td class="prngen15" colspan="1" rowspan="1">
548. <p class="prnml4"><span class="prnews_span">-3 %</span></p>
549. </td>
550. <td class="prngen6" colspan="1" rowspan="1"></br></td>
551. <td class="prngen6" colspan="1" rowspan="1">
552. <p class="prnml4"><span class="prnews_span">483.2</span></p>
553. </td>
554. <td class="prngen6" colspan="1" rowspan="1"></br></td>
555. <td class="prngen6" colspan="1" rowspan="1">
556. <p class="prnml4"><span class="prnews_span">451.9</span></p>
557. </td>
558. <td class="prngen6" colspan="1" rowspan="1"></br></td>
559. <td class="prngen16" colspan="1" rowspan="1">
560. <p class="prnml4"><span class="prnews_span">7 %</span></p>
561. </td>
562. </tr>
563. <tr>
564. <td class="prnpr10 prnpl2 prnvab prntar prnsbtb1 prnrbrb1 prnbbbs prnbsbls" colspan="1" rowspan="1"></br></td>
565. <td class="prngen18" colspan="1" rowspan="1"></br></td>
566. <td class="prngen18" colspan="1" rowspan="1"></br></td>
567. <td class="prngen18" colspan="1" rowspan="1"></br></td>
568. <td class="prngen18" colspan="1" rowspan="1"></br></td>
569. <td class="prngen18" colspan="1" rowspan="1"></br></td>
570. <td class="prngen18" colspan="1" rowspan="1"></br></td>
571. <td class="prngen18" colspan="1" rowspan="1"></br></td>
572. <td class="prngen18" colspan="1" rowspan="1"></br></td>
573. <td class="prngen18" colspan="1" rowspan="1"></br></td>
574. <td class="prngen18" colspan="1" rowspan="1"></br></td>
575. <td class="prngen18" colspan="1" rowspan="1"></br></td>
576. <td class="prngen18" colspan="1" rowspan="1"></br></td>
577. <td class="prngen18" colspan="1" rowspan="1"></br></td>
578. <td class="prngen18" colspan="1" rowspan="1"></br></td>
579. <td class="prngen18" colspan="1" rowspan="1"></br></td>
580. <td class="prngen18" colspan="1" rowspan="1"></br></td>
581. <td class="prngen22" colspan="1" rowspan="1"></br></td>
582. </tr>
583. <tr>
584. <td class="prngen9" colspan="1" rowspan="1"></br></td>
585. <td class="prngen6" colspan="1" rowspan="1"></br></td>
586. <td class="prngen6" colspan="1" rowspan="1"></br></td>
587. <td class="prngen6" colspan="1" rowspan="1"></br></td>
588. <td class="prngen6" colspan="1" rowspan="1"></br></td>
589. <td class="prngen6" colspan="1" rowspan="1"></br></td>
590. <td class="prngen6" colspan="1" rowspan="1"></br></td>
591. <td class="prngen6" colspan="1" rowspan="1"></br></td>
592. <td class="prngen6" colspan="1" rowspan="1"></br></td>
593. <td class="prngen6" colspan="1" rowspan="1"></br></td>
594. <td class="prngen6" colspan="1" rowspan="1"></br></td>
595. <td class="prngen6" colspan="1" rowspan="1"></br></td>
596. <td class="prngen6" colspan="1" rowspan="1"></br></td>
597. <td class="prngen6" colspan="1" rowspan="1"></br></td>
598. <td class="prngen6" colspan="1" rowspan="1"></br></td>
599. <td class="prngen6" colspan="1" rowspan="1"></br></td>
600. <td class="prngen6" colspan="1" rowspan="1"></br></td>
601. <td class="prngen14" colspan="1" rowspan="1"></br></td>
602. </tr>
603. <tr>
604. <td class="prngen13" colspan="1" rowspan="1">
605. <p class="prnml4"><span class="prnews_span"><b>PAT after exceptional item</b></span></p>
606. </td>
607. <td class="prngen6" colspan="1" rowspan="1"></br></td>
608. <td class="prngen6" colspan="1" rowspan="1"></br></td>
609. <td class="prngen6" colspan="1" rowspan="1"></br></td>
610. <td class="prngen6" colspan="1" rowspan="1"></br></td>
611. <td class="prngen6" colspan="1" rowspan="1"></br></td>
612. <td class="prngen6" colspan="1" rowspan="1"></br></td>
613. <td class="prngen6" colspan="1" rowspan="1"></br></td>
614. <td class="prngen6" colspan="1" rowspan="1"></br></td>
615. <td class="prngen6" colspan="1" rowspan="1"></br></td>
616. <td class="prngen6" colspan="1" rowspan="1"></br></td>
617. <td class="prngen6" colspan="1" rowspan="1"></br></td>
618. <td class="prngen6" colspan="1" rowspan="1"></br></td>
619. <td class="prngen6" colspan="1" rowspan="1"></br></td>
620. <td class="prngen6" colspan="1" rowspan="1"></br></td>
621. <td class="prngen6" colspan="1" rowspan="1"></br></td>
622. <td class="prngen6" colspan="1" rowspan="1"></br></td>
623. <td class="prngen14" colspan="1" rowspan="1"></br></td>
624. </tr>
625. <tr>
626. <td class="prngen5" colspan="1" rowspan="1">
627. <p class="prnml4"><span class="prnews_span">International IT Services</span></p>
628. </td>
629. <td class="prngen6" colspan="1" rowspan="1"></br></td>
630. <td class="prngen6" colspan="1" rowspan="1">
631. <p class="prnml4"><span class="prnews_span">70.3</span></p>
632. </td>
633. <td class="prngen6" colspan="1" rowspan="1"></br></td>
634. <td class="prnpr6 prnpl2 prnvab prntar prnsbtb1 prnrbrb1 prnsbbb1 prnsblb1" colspan="1" rowspan="1">
635. <p class="prnml4"><span class="prnews_span">(88.8)</span></p>
636. </td>
637. <td class="prngen6" colspan="1" rowspan="1"></br></td>
638. <td class="prngen6" colspan="1" rowspan="1">
639. <p class="prnml4"><span class="prnews_span">-</span></p>
640. </td>
641. <td class="prngen6" colspan="1" rowspan="1"></br></td>
642. <td class="prngen6" colspan="1" rowspan="1">
643. <p class="prnml4"><span class="prnews_span">74.8</span></p>
644. </td>
645. <td class="prngen6" colspan="1" rowspan="1"></br></td>
646. <td class="prngen6" colspan="1" rowspan="1"></br></td>
647. <td class="prngen6" colspan="1" rowspan="1">
648. <p class="prnml4"><span class="prnews_span">-</span></p>
649. </td>
650. <td class="prngen6" colspan="1" rowspan="1"></br></td>
651. <td class="prngen6" colspan="1" rowspan="1">
652. <p class="prnml4"><span class="prnews_span">145.1</span></p>
653. </td>
654. <td class="prngen6" colspan="1" rowspan="1"></br></td>
655. <td class="prngen6" colspan="1" rowspan="1">
656. <p class="prnml4"><span class="prnews_span">310.7</span></p>
657. </td>
658. <td class="prngen6" colspan="1" rowspan="1"></br></td>
659. <td class="prngen14" colspan="1" rowspan="1">
660. <p class="prnml4"><span class="prnews_span">-</span></p>
661. </td>
662. </tr>
663. <tr>
664. <td class="prngen5" colspan="1" rowspan="1">
665. <p class="prnml4"><span class="prnews_span">Domestic- Products &#38; Services </span></p>
666. </td>
667. <td class="prngen6" colspan="1" rowspan="1"></br></td>
668. <td class="prngen6" colspan="1" rowspan="1">
669. <p class="prnml4"><span class="prnews_span">40.1</span></p>
670. </td>
671. <td class="prngen6" colspan="1" rowspan="1"></br></td>
672. <td class="prngen6" colspan="1" rowspan="1">
673. <p class="prnml4"><span class="prnews_span">42.6</span></p>
674. </td>
675. <td class="prngen6" colspan="1" rowspan="1"></br></td>
676. <td class="prngen15" colspan="1" rowspan="1">
677. <p class="prnml4"><span class="prnews_span">-6 %</span></p>
678. </td>
679. <td class="prngen6" colspan="1" rowspan="1"></br></td>
680. <td class="prngen6" colspan="1" rowspan="1">
681. <p class="prnml4"><span class="prnews_span">39.0</span></p>
682. </td>
683. <td class="prngen6" colspan="1" rowspan="1"></br></td>
684. <td class="prngen6" colspan="1" rowspan="1"></br></td>
685. <td class="prngen15" colspan="1" rowspan="1">
686. <p class="prnml4"><span class="prnews_span">3 %</span></p>
687. </td>
688. <td class="prngen6" colspan="1" rowspan="1"></br></td>
689. <td class="prngen6" colspan="1" rowspan="1">
690. <p class="prnml4"><span class="prnews_span">163.3</span></p>
691. </td>
692. <td class="prngen6" colspan="1" rowspan="1"></br></td>
693. <td class="prngen6" colspan="1" rowspan="1">
694. <p class="prnml4"><span class="prnews_span">141.2</span></p>
695. </td>
696. <td class="prngen6" colspan="1" rowspan="1"></br></td>
697. <td class="prngen16" colspan="1" rowspan="1">
698. <p class="prnml4"><span class="prnews_span">16 %</span></p>
699. </td>
700. </tr>
701. <tr>
702. <td class="prngen17" colspan="1" rowspan="1">
703. <p class="prnml4"><span class="prnews_span">Consolidated</span></p>
704. </td>
705. <td class="prngen18" colspan="1" rowspan="1"></br></td>
706. <td class="prngen18" colspan="1" rowspan="1">
707. <p class="prnml4"><span class="prnews_span">110.4</span></p>
708. </td>
709. <td class="prngen18" colspan="1" rowspan="1"></br></td>
710. <td class="prnpr6 prnpl2 prnvab prntar prnsbtb1 prnrbrb1 prnbbbs prnsblb1" colspan="1" rowspan="1">
711. <p class="prnml4"><span class="prnews_span">(46.2)</span></p>
712. </td>
713. <td class="prngen18" colspan="1" rowspan="1"></br></td>
714. <td class="prngen18" colspan="1" rowspan="1">
715. <p class="prnml4"><span class="prnews_span">-</span></p>
716. </td>
717. <td class="prngen18" colspan="1" rowspan="1"></br></td>
718. <td class="prngen18" colspan="1" rowspan="1">
719. <p class="prnml4"><span class="prnews_span">113.8</span></p>
720. </td>
721. <td class="prngen18" colspan="1" rowspan="1"></br></td>
722. <td class="prngen18" colspan="1" rowspan="1"></br></td>
723. <td class="prngen18" colspan="1" rowspan="1">
724. <p class="prnml4"><span class="prnews_span">-</span></p>
725. </td>
726. <td class="prngen18" colspan="1" rowspan="1"></br></td>
727. <td class="prngen18" colspan="1" rowspan="1">
728. <p class="prnml4"><span class="prnews_span">308.5</span></p>
729. </td>
730. <td class="prngen18" colspan="1" rowspan="1"></br></td>
731. <td class="prngen18" colspan="1" rowspan="1">
732. <p class="prnml4"><span class="prnews_span">451.9</span></p>
733. </td>
734. <td class="prngen18" colspan="1" rowspan="1"></br></td>
735. <td class="prngen22" colspan="1" rowspan="1">
736. <p class="prnml4"><span class="prnews_span">-</span></p>
737. </td>
738. </tr>
739. </table>
740. </div>
741. <p></br>Speaking on the quarterly results Mr. Samir Dhir, MD &#38; CEO of the Company said, "We remain optimistic about our long-term vision and growth prospects. In FY24, our international business delivered industry leading 34.3% growth YoY. During the Q4, large deals decisioning delays &#38; associated costs resulted in sequential degrowth both in our international revenue USD terms by 2.4% QoQ, and consolidated PAT of 14.1% QoQ. Despite Q4 and short-term headwinds, as we reflect on the year, we have taken significant steps towards our long-term goals."</p>
742. <p>Speaking on the results Mr. <span class="xn-person">Sujit Mohanty</span>, MD &#38; CEO of Sonata Information Technology Limited said,  "Our PAT  de-grew by 6% QoQ due to seasonality; however, Annual PAT grew 16% over the previous year. We had fruitful engagements with our existing customers through targeted GTMs which helped us expand our business from our existing customer base."</p>
743. <p><b>Performance Highlights for the Q4'24 &#38; FY'24:                                                                                                                </b></p>
744. <ul type="disc">
745. <li><b><i>Consolidated:<br /></br></i></b>
746. <ul type="disc">
747. <li>Revenues for Q4'24 at ₹ <span class="xn-money">2,191.6 crores</span>; QoQ de-growth of 11.8%. Revenues for FY'24 at ₹ <span class="xn-money">8,613.1 crores</span>; YoY growth of 15.6%.</li>
748. <li>EBITDA for Q4'24 is ₹ <span class="xn-money">198.8 crores</span>; QoQ de-growth of 12.5%. EBITDA for FY'24 at ₹ <span class="xn-money">853.0 crores</span>; YoY growth of 26.4%.</li>
749. <li>PAT for Q4'24 stood at ₹ <span class="xn-money">110.4 Crores</span>; QoQ de-growth of 14.1%. PAT (before exceptional items) for FY'24 stood at ₹ <span class="xn-money">483.2 Crores</span>; YoY growth of 6.9%.</li>
750. <li>Net Cash and equivalents of approximately ₹ <span class="xn-money">441.3 Crores</span> (net of borrowings).<br /></br><br /></br></li>
751. </ul>
752. </li>
753. <li><b><i>International IT Services:<br /></br></i></b>
754. <ul type="disc">
755. <li>Revenues for Q4'24 at ₹ <span class="xn-money">679.0 crores</span>; QoQ de-growth of 2.6%. Revenues for FY'24 at ₹ <span class="xn-money">2,679.6 crores</span>; YoY growth of 39.5%.</li>
756. <li>Revenue for Q4'24 in USD at 81.7 Mn, QoQ de-growth of 2.4%. Revenue for FY'24 in USD at 323.6 Mn YoY growth of 34.3%.</li>
757. <li>EBITDA for Q4'24 at ₹ <span class="xn-money">143.2 crores</span>; QoQ de-growth of 15.2%. EBITDA for FY'24 at ₹ <span class="xn-money">627.7 crores</span>; YoY growth of 30.2%</li>
758. <li>PAT for Q4'24 stood at ₹ <span class="xn-money">70.3 Crores</span>; QoQ de-growth of 18.2%. PAT (before exceptional items) for FY'24 stood at ₹ <span class="xn-money">319.8 Crores</span>; YoY growth of 2.9%.</li>
759. <li>DSO at 45 days (same as Q3'24)</li>
760. <li>18 New Customer added during the quarter.</li>
761. <li>Strong growth from digital based competencies like Managed cloud services and Digital Platformation™ Services (Microsoft &#38; Open source) and focused verticals like TMT, Healthcare &#38; Life Sciences, Manufacturing, Retail / CPG/ TTH, BFSI and Emerging.</li>
762. <li>Our pipeline continues to be healthy and strong through multiple new digital wins from existing and new customers.<br /></br><br /></br></li>
763. </ul>
764. </li>
765. <li><b><i>Domestic Products &#38; Services</i></b><b><i>:<br /></br></i></b>
766. <ul type="disc">
767. <li>Revenues for Q4'24 at ₹ <span class="xn-money">1,514.5 crores</span>; QoQ de-growth of 15.9%. Revenues for FY'24 at ₹ <span class="xn-money">5950.5 crores</span>; YoY growth of 7.4%</li>
768. <li>Gross contribution for Q4'24 at ₹ 64.8 Crs de-grew by 9.1% QoQ. Gross contribution for FY'24 at ₹ 260.4 Crs grew by 18.6% YoY</li>
769. <li>EBITDA for Q4'24 at ₹ <span class="xn-money">56.2 crores</span>; QoQ de-growth of 4.5%. EBITDA for FY'24 at ₹ <span class="xn-money">228.3 crores</span>; YoY growth of 16.0%</li>
770. <li>PAT for Q4'24 at ₹ <span class="xn-money">40.1 crores</span>; QoQ de-growth of 5.9%. PAT for FY'24 at ₹ <span class="xn-money">163.3 crores</span>; YoY growth of 15.7%.</li>
771. <li>DSO at 36 days (same as Q3'24)<br /></br><br /></br></li>
772. </ul>
773. </li>
774. </ul>
775. <p><b>About Sonata Software</b></p>
776. <p>Sonata Software is a leading Modernization Engineering company, powered by its unique Platformation™ framework that brings together industry expertise, platform technology excellence, design innovation and strategic engagement models to deliver sustained value to customers. We partner with Fortune 500 clients to help them reimagine their business processes as part of modernization programs. As part of this phase, we drive business enablement sessions, consulting, and business processes to be aligned with best-in-class industry-specific practices. Our outcome-based Modernization Services include Cloud, Data, Dynamics, Managed Services, Automation and Digital Contact Center. We offer services and solutions around newer technologies like Generative AI, MS Fabric, and other modernization platforms. Sonata has a strong global presence in key regions including US, UK, <span class="xn-location">Europe</span>, APAC, and ANZ. We are a trusted partner of world leading companies in TMT, Retail &#38; CPG. Manufacturing, BFSI and HLS space. Our partner ecosystem boasts of strong relationships with Microsoft, AWS, Salesforce, Snowflake, Google, and Industry partners and is critical to the value we create with our clients.</p>
777. <p>For more information, please visit <a href="https://www.sonata-software.com/" rel="nofollow noopener" target="_blank">https://www.sonata-software.com/</a>. </p>
778. <p>Logo: <a href="https://mma.prnewswire.com/media/689012/4257625/Sonata_Software_Logo.jpg" rel="nofollow noopener" target="_blank">https://mma.prnewswire.com/media/689012/4257625/Sonata_Software_Logo.jpg</a></p>
779. <p> </p>
780. <p id="PURL"><img alt="Cision" height="12" src="https://c212.net/c/img/favicon.png?sn=EN07670&#38;sd=2024-05-07" title="Cision" width="12"></img> View original content:<a href="https://www.prnewswire.co.uk/news-releases/sonata-software-international-services-dollar-revenue-for-fy24-of-323-6-mn-grew-34-3-yoy-domestic-business-delivered-gross-contribution-for-fy24-of-260-4-cr-18-6-yoy-growth-in-inr-the-board-recommends-a-final-dividend-of---302138323.html" id="PRNURL" rel="nofollow noopener" target="_blank">https://www.prnewswire.co.uk/news-releases/sonata-software-international-services-dollar-revenue-for-fy24-of-323-6-mn-grew-34-3-yoy-domestic-business-delivered-gross-contribution-for-fy24-of-260-4-cr-18-6-yoy-growth-in-inr-the-board-recommends-a-final-dividend-of---302138323.html</a></p>
781. <p> <img alt="" src="https://rt.prnewswire.com/rt.gif?NewsItemId=EN07670&#38;Transmission_Id=202405071015PR_NEWS_EURO_ND__EN07670&#38;DateId=20240507" style="border:0px; width:1px; height:1px;"></img></p>
782. <p>The post <a rel="nofollow" href="https://dailyindianews.com/sonata-software-international-services-dollar-revenue-for-fy24-of-323-6-mn-grew-34-3-yoy-domestic-business-delivered-gross-contribution-for-fy24-of-260-4-cr-18-6-yoy-growth-in-inr-the-board-rec/2024/361972/">Sonata Software: International Services Dollar revenue for FY&#8217;24 of 323.6 Mn grew 34.3% YoY; Domestic business delivered Gross contribution for FY&#8217;24 of 260.4 Cr 18.6% YoY growth in INR; The Board recommends a final dividend of ₹ 4.40 per share (FY&#8217;24 total dividend ₹ 7.90 per share)</a> appeared first on <a rel="nofollow" href="https://dailyindianews.com">Daily India News</a>.</p>
783. ]]></description>
784. <content:encoded><![CDATA[<p><span class="xn-location">MUMBAI, India</span>, <span class="xn-chron">May 7, 2024</span> /PRNewswire/ &#8212; Sonata Software (NSE: SONATSOFTW) (BSE: 532221), a leader in Modernization Engineering, today reported its audited financial results for its Financial Year ended <span class="xn-chron">March 31, 2024</span>.</p>
785. <div dir="ltr" id="prni_dvprnejpg9057left" style="width: 100%; text-align: left;"><img decoding="async" align="middle" alt="Sonata_Software_Logo" id="prnejpg9057left" src="https://mma.prnewswire.com/media/689012/4257625/Sonata_Software_Logo.jpg" style="width: 400px; height: 279px;" title="Sonata_Software_Logo"></img></div>
786. <p> </p>
787. <div>
788. <table border="0" cellpadding="1" cellspacing="0" class="prnbcc">
789. <tr>
790. <td class="prnpr10 prnpl2 prnvab prntar prncbts prnrbrb1 prnbbbs prnbsbls" colspan="1" rowspan="1"></br></td>
791. <td class="prngen3" colspan="1" rowspan="1"></br></td>
792. <td class="prngen3" colspan="1" rowspan="1"></br></td>
793. <td class="prngen3" colspan="1" rowspan="1"></br></td>
794. <td class="prngen3" colspan="1" rowspan="1"></br></td>
795. <td class="prngen3" colspan="1" rowspan="1"></br></td>
796. <td class="prngen3" colspan="1" rowspan="1"></br></td>
797. <td class="prngen3" colspan="1" rowspan="1"></br></td>
798. <td class="prngen3" colspan="1" rowspan="1"></br></td>
799. <td class="prngen3" colspan="1" rowspan="1"></br></td>
800. <td class="prngen3" colspan="1" rowspan="1"></br></td>
801. <td class="prngen3" colspan="1" rowspan="1"></br></td>
802. <td class="prngen3" colspan="1" rowspan="1"></br></td>
803. <td class="prngen3" colspan="1" rowspan="1"></br></td>
804. <td class="prngen3" colspan="1" rowspan="1"></br></td>
805. <td class="prngen3" colspan="1" rowspan="1"></br></td>
806. <td class="prngen3" colspan="1" rowspan="1"></br></td>
807. <td class="prnpr2 prnpl2 prnvab prntar prncbts prnbrbrs prnbbbs prnsblb1" colspan="1" rowspan="1">
808. <p class="prnml4"><span class="prnews_span"><b><i>in </i></b><b><i>₹</i></b><b><i> Crores</i></b></span></p>
809. </td>
810. </tr>
811. <tr>
812. <td class="prngen5" colspan="1" rowspan="1">
813. <p class="prnml4"><span class="prnews_span"><b><i>Description</i></b></span></p>
814. </td>
815. <td class="prngen6" colspan="1" rowspan="1"></br></td>
816. <td class="prnpr2 prnpl2 prnvab prntac prncbts prnrbrb1 prnbbbs prnsblb1" colspan="10" rowspan="1">
817. <p class="prnml4"><span class="prnews_span"><b><i>    For the Quarter ended </i></b></span></p>
818. </td>
819. <td class="prngen6" colspan="1" rowspan="1"></br></td>
820. <td class="prnpr2 prnpl2 prnvab prntac prncbts prnbrbrs prnbbbs prnsblb1" colspan="5" rowspan="1">
821. <p class="prnml4"><span class="prnews_span"><b><i>    For the year ended </i></b></span></p>
822. </td>
823. </tr>
824. <tr>
825. <td class="prngen9" colspan="1" rowspan="1"></br></td>
826. <td class="prngen6" colspan="1" rowspan="1"></br></td>
827. <td class="prngen10" colspan="1" rowspan="1">
828. <p class="prnml4"><span class="prnews_span"><b><i>31-Mar-24</i></b></span></p>
829. </td>
830. <td class="prngen6" colspan="1" rowspan="1"></br></td>
831. <td class="prngen10" colspan="1" rowspan="1">
832. <p class="prnml4"><span class="prnews_span"><b><i>31-Dec-23</i></b></span></p>
833. </td>
834. <td class="prngen6" colspan="1" rowspan="1"></br></td>
835. <td class="prngen11" colspan="1" rowspan="1">
836. <p class="prnml4"><span class="prnews_span"><b><i>QoQ</i></b></span></p>
837. </td>
838. <td class="prngen6" colspan="1" rowspan="1"></br></td>
839. <td class="prngen10" colspan="1" rowspan="1">
840. <p class="prnml4"><span class="prnews_span"><b><i>31-Mar-23</i></b></span></p>
841. </td>
842. <td class="prngen6" colspan="1" rowspan="1"></br></td>
843. <td class="prngen6" colspan="1" rowspan="1"></br></td>
844. <td class="prngen11" colspan="1" rowspan="1">
845. <p class="prnml4"><span class="prnews_span"><b><i>YoY</i></b></span></p>
846. </td>
847. <td class="prngen6" colspan="1" rowspan="1"></br></td>
848. <td class="prngen10" colspan="1" rowspan="1">
849. <p class="prnml4"><span class="prnews_span"><b><i>31-Mar-24</i></b></span></p>
850. </td>
851. <td class="prngen6" colspan="1" rowspan="1"></br></td>
852. <td class="prngen10" colspan="1" rowspan="1">
853. <p class="prnml4"><span class="prnews_span"><b><i>31-Mar-23</i></b></span></p>
854. </td>
855. <td class="prngen6" colspan="1" rowspan="1"></br></td>
856. <td class="prnpr2 prnpl2 prnvab prnbrbrs prnbbbs" colspan="1" rowspan="1">
857. <p class="prntac prnml4"><span class="prnews_span"><b><i>YoY</i></b></span></p>
858. </td>
859. </tr>
860. <tr>
861. <td class="prngen13" colspan="1" rowspan="1">
862. <p class="prnml4"><span class="prnews_span"><b>Revenues</b></span></p>
863. </td>
864. <td class="prngen6" colspan="1" rowspan="1"></br></td>
865. <td class="prngen6" colspan="1" rowspan="1"></br></td>
866. <td class="prngen6" colspan="1" rowspan="1"></br></td>
867. <td class="prngen6" colspan="1" rowspan="1"></br></td>
868. <td class="prngen6" colspan="1" rowspan="1"></br></td>
869. <td class="prngen6" colspan="1" rowspan="1"></br></td>
870. <td class="prngen6" colspan="1" rowspan="1"></br></td>
871. <td class="prngen6" colspan="1" rowspan="1"></br></td>
872. <td class="prngen6" colspan="1" rowspan="1"></br></td>
873. <td class="prngen6" colspan="1" rowspan="1"></br></td>
874. <td class="prngen6" colspan="1" rowspan="1"></br></td>
875. <td class="prngen6" colspan="1" rowspan="1"></br></td>
876. <td class="prngen6" colspan="1" rowspan="1"></br></td>
877. <td class="prngen6" colspan="1" rowspan="1"></br></td>
878. <td class="prngen6" colspan="1" rowspan="1"></br></td>
879. <td class="prngen6" colspan="1" rowspan="1"></br></td>
880. <td class="prngen14" colspan="1" rowspan="1"></br></td>
881. </tr>
882. <tr>
883. <td class="prngen5" colspan="1" rowspan="1">
884. <p class="prnml4"><span class="prnews_span">International IT Services</span></p>
885. </td>
886. <td class="prngen6" colspan="1" rowspan="1"></br></td>
887. <td class="prngen6" colspan="1" rowspan="1">
888. <p class="prnml4"><span class="prnews_span">679.0</span></p>
889. </td>
890. <td class="prngen6" colspan="1" rowspan="1"></br></td>
891. <td class="prngen6" colspan="1" rowspan="1">
892. <p class="prnml4"><span class="prnews_span">696.8</span></p>
893. </td>
894. <td class="prngen6" colspan="1" rowspan="1"></br></td>
895. <td class="prngen15" colspan="1" rowspan="1">
896. <p class="prnml4"><span class="prnews_span">-3 %</span></p>
897. </td>
898. <td class="prngen6" colspan="1" rowspan="1"></br></td>
899. <td class="prngen6" colspan="1" rowspan="1">
900. <p class="prnml4"><span class="prnews_span">533.5</span></p>
901. </td>
902. <td class="prngen6" colspan="1" rowspan="1"></br></td>
903. <td class="prngen6" colspan="1" rowspan="1"></br></td>
904. <td class="prngen15" colspan="1" rowspan="1">
905. <p class="prnml4"><span class="prnews_span">27 %</span></p>
906. </td>
907. <td class="prngen6" colspan="1" rowspan="1"></br></td>
908. <td class="prngen6" colspan="1" rowspan="1">
909. <p class="prnml4"><span class="prnews_span">2,679.6</span></p>
910. </td>
911. <td class="prngen6" colspan="1" rowspan="1"></br></td>
912. <td class="prngen6" colspan="1" rowspan="1">
913. <p class="prnml4"><span class="prnews_span">1,920.4</span></p>
914. </td>
915. <td class="prngen6" colspan="1" rowspan="1"></br></td>
916. <td class="prngen16" colspan="1" rowspan="1">
917. <p class="prnml4"><span class="prnews_span">40 %</span></p>
918. </td>
919. </tr>
920. <tr>
921. <td class="prngen5" colspan="1" rowspan="1">
922. <p class="prnml4"><span class="prnews_span">Domestic- Products &amp; Services  </span></p>
923. </td>
924. <td class="prngen6" colspan="1" rowspan="1"></br></td>
925. <td class="prngen6" colspan="1" rowspan="1">
926. <p class="prnml4"><span class="prnews_span">1,514.5</span></p>
927. </td>
928. <td class="prngen6" colspan="1" rowspan="1"></br></td>
929. <td class="prngen6" colspan="1" rowspan="1">
930. <p class="prnml4"><span class="prnews_span">1,800.3</span></p>
931. </td>
932. <td class="prngen6" colspan="1" rowspan="1"></br></td>
933. <td class="prngen15" colspan="1" rowspan="1">
934. <p class="prnml4"><span class="prnews_span">-16 %</span></p>
935. </td>
936. <td class="prngen6" colspan="1" rowspan="1"></br></td>
937. <td class="prngen6" colspan="1" rowspan="1">
938. <p class="prnml4"><span class="prnews_span">1,383.4</span></p>
939. </td>
940. <td class="prngen6" colspan="1" rowspan="1"></br></td>
941. <td class="prngen6" colspan="1" rowspan="1"></br></td>
942. <td class="prngen15" colspan="1" rowspan="1">
943. <p class="prnml4"><span class="prnews_span">9 %</span></p>
944. </td>
945. <td class="prngen6" colspan="1" rowspan="1"></br></td>
946. <td class="prngen6" colspan="1" rowspan="1">
947. <p class="prnml4"><span class="prnews_span">5,950.5</span></p>
948. </td>
949. <td class="prngen6" colspan="1" rowspan="1"></br></td>
950. <td class="prngen6" colspan="1" rowspan="1">
951. <p class="prnml4"><span class="prnews_span">5,540.4</span></p>
952. </td>
953. <td class="prngen6" colspan="1" rowspan="1"></br></td>
954. <td class="prngen16" colspan="1" rowspan="1">
955. <p class="prnml4"><span class="prnews_span">7 %</span></p>
956. </td>
957. </tr>
958. <tr>
959. <td class="prngen17" colspan="1" rowspan="1">
960. <p class="prnml4"><span class="prnews_span">Consolidated</span></p>
961. </td>
962. <td class="prngen18" colspan="1" rowspan="1"></br></td>
963. <td class="prngen18" colspan="1" rowspan="1">
964. <p class="prnml4"><span class="prnews_span">2,191.6</span></p>
965. </td>
966. <td class="prngen18" colspan="1" rowspan="1"></br></td>
967. <td class="prngen18" colspan="1" rowspan="1">
968. <p class="prnml4"><span class="prnews_span">2,493.4</span></p>
969. </td>
970. <td class="prngen18" colspan="1" rowspan="1"></br></td>
971. <td class="prngen19" colspan="1" rowspan="1">
972. <p class="prnml4"><span class="prnews_span">-12 %</span></p>
973. </td>
974. <td class="prngen18" colspan="1" rowspan="1"></br></td>
975. <td class="prngen18" colspan="1" rowspan="1">
976. <p class="prnml4"><span class="prnews_span">1,913.5</span></p>
977. </td>
978. <td class="prngen18" colspan="1" rowspan="1"></br></td>
979. <td class="prngen18" colspan="1" rowspan="1"></br></td>
980. <td class="prngen19" colspan="1" rowspan="1">
981. <p class="prnml4"><span class="prnews_span">15 %</span></p>
982. </td>
983. <td class="prngen18" colspan="1" rowspan="1"></br></td>
984. <td class="prngen18" colspan="1" rowspan="1">
985. <p class="prnml4"><span class="prnews_span">8,613.1</span></p>
986. </td>
987. <td class="prngen18" colspan="1" rowspan="1"></br></td>
988. <td class="prngen18" colspan="1" rowspan="1">
989. <p class="prnml4"><span class="prnews_span">7,449.1</span></p>
990. </td>
991. <td class="prngen18" colspan="1" rowspan="1"></br></td>
992. <td class="prngen20" colspan="1" rowspan="1">
993. <p class="prnml4"><span class="prnews_span">16 %</span></p>
994. </td>
995. </tr>
996. <tr>
997. <td class="prngen9" colspan="1" rowspan="1"></br></td>
998. <td class="prngen6" colspan="1" rowspan="1"></br></td>
999. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1000. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1001. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1002. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1003. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1004. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1005. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1006. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1007. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1008. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1009. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1010. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1011. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1012. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1013. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1014. <td class="prngen14" colspan="1" rowspan="1"></br></td>
1015. </tr>
1016. <tr>
1017. <td class="prngen13" colspan="1" rowspan="1">
1018. <p class="prnml4"><span class="prnews_span"><b>EBITDA</b></span></p>
1019. </td>
1020. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1021. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1022. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1023. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1024. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1025. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1026. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1027. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1028. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1029. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1030. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1031. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1032. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1033. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1034. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1035. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1036. <td class="prngen14" colspan="1" rowspan="1"></br></td>
1037. </tr>
1038. <tr>
1039. <td class="prngen5" colspan="1" rowspan="1">
1040. <p class="prnml4"><span class="prnews_span">International IT Services</span></p>
1041. </td>
1042. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1043. <td class="prngen6" colspan="1" rowspan="1">
1044. <p class="prnml4"><span class="prnews_span">143.2</span></p>
1045. </td>
1046. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1047. <td class="prngen6" colspan="1" rowspan="1">
1048. <p class="prnml4"><span class="prnews_span">168.5</span></p>
1049. </td>
1050. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1051. <td class="prngen15" colspan="1" rowspan="1">
1052. <p class="prnml4"><span class="prnews_span">-15 %</span></p>
1053. </td>
1054. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1055. <td class="prngen6" colspan="1" rowspan="1">
1056. <p class="prnml4"><span class="prnews_span">123.5</span></p>
1057. </td>
1058. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1059. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1060. <td class="prngen15" colspan="1" rowspan="1">
1061. <p class="prnml4"><span class="prnews_span">16 %</span></p>
1062. </td>
1063. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1064. <td class="prngen6" colspan="1" rowspan="1">
1065. <p class="prnml4"><span class="prnews_span">627.7</span></p>
1066. </td>
1067. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1068. <td class="prngen6" colspan="1" rowspan="1">
1069. <p class="prnml4"><span class="prnews_span">482.0</span></p>
1070. </td>
1071. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1072. <td class="prngen16" colspan="1" rowspan="1">
1073. <p class="prnml4"><span class="prnews_span">30 %</span></p>
1074. </td>
1075. </tr>
1076. <tr>
1077. <td class="prngen5" colspan="1" rowspan="1">
1078. <p class="prnml4"><span class="prnews_span">Domestic- Products &amp; Services</span></p>
1079. </td>
1080. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1081. <td class="prngen6" colspan="1" rowspan="1">
1082. <p class="prnml4"><span class="prnews_span">56.2</span></p>
1083. </td>
1084. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1085. <td class="prngen6" colspan="1" rowspan="1">
1086. <p class="prnml4"><span class="prnews_span">59.2</span></p>
1087. </td>
1088. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1089. <td class="prngen15" colspan="1" rowspan="1">
1090. <p class="prnml4"><span class="prnews_span">-5 %</span></p>
1091. </td>
1092. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1093. <td class="prngen6" colspan="1" rowspan="1">
1094. <p class="prnml4"><span class="prnews_span">54.0</span></p>
1095. </td>
1096. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1097. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1098. <td class="prngen15" colspan="1" rowspan="1">
1099. <p class="prnml4"><span class="prnews_span">4 %</span></p>
1100. </td>
1101. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1102. <td class="prngen6" colspan="1" rowspan="1">
1103. <p class="prnml4"><span class="prnews_span">228.3</span></p>
1104. </td>
1105. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1106. <td class="prngen6" colspan="1" rowspan="1">
1107. <p class="prnml4"><span class="prnews_span">196.8</span></p>
1108. </td>
1109. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1110. <td class="prngen16" colspan="1" rowspan="1">
1111. <p class="prnml4"><span class="prnews_span">16 %</span></p>
1112. </td>
1113. </tr>
1114. <tr>
1115. <td class="prngen17" colspan="1" rowspan="1">
1116. <p class="prnml4"><span class="prnews_span">Consolidated</span></p>
1117. </td>
1118. <td class="prngen18" colspan="1" rowspan="1"></br></td>
1119. <td class="prngen18" colspan="1" rowspan="1">
1120. <p class="prnml4"><span class="prnews_span">198.8</span></p>
1121. </td>
1122. <td class="prngen18" colspan="1" rowspan="1"></br></td>
1123. <td class="prngen18" colspan="1" rowspan="1">
1124. <p class="prnml4"><span class="prnews_span">227.2</span></p>
1125. </td>
1126. <td class="prngen18" colspan="1" rowspan="1"></br></td>
1127. <td class="prngen19" colspan="1" rowspan="1">
1128. <p class="prnml4"><span class="prnews_span">-12 %</span></p>
1129. </td>
1130. <td class="prngen18" colspan="1" rowspan="1"></br></td>
1131. <td class="prngen18" colspan="1" rowspan="1">
1132. <p class="prnml4"><span class="prnews_span">176.6</span></p>
1133. </td>
1134. <td class="prngen18" colspan="1" rowspan="1"></br></td>
1135. <td class="prngen18" colspan="1" rowspan="1"></br></td>
1136. <td class="prngen19" colspan="1" rowspan="1">
1137. <p class="prnml4"><span class="prnews_span">13 %</span></p>
1138. </td>
1139. <td class="prngen18" colspan="1" rowspan="1"></br></td>
1140. <td class="prngen18" colspan="1" rowspan="1">
1141. <p class="prnml4"><span class="prnews_span">853.0</span></p>
1142. </td>
1143. <td class="prngen18" colspan="1" rowspan="1"></br></td>
1144. <td class="prngen18" colspan="1" rowspan="1">
1145. <p class="prnml4"><span class="prnews_span">675.0</span></p>
1146. </td>
1147. <td class="prngen18" colspan="1" rowspan="1"></br></td>
1148. <td class="prngen20" colspan="1" rowspan="1">
1149. <p class="prnml4"><span class="prnews_span">26 %</span></p>
1150. </td>
1151. </tr>
1152. <tr>
1153. <td class="prngen9" colspan="1" rowspan="1"></br></td>
1154. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1155. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1156. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1157. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1158. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1159. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1160. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1161. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1162. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1163. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1164. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1165. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1166. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1167. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1168. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1169. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1170. <td class="prngen14" colspan="1" rowspan="1"></br></td>
1171. </tr>
1172. <tr>
1173. <td class="prngen13" colspan="1" rowspan="1">
1174. <p class="prnml4"><span class="prnews_span"><b>PAT before exceptional item</b></span></p>
1175. </td>
1176. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1177. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1178. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1179. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1180. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1181. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1182. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1183. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1184. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1185. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1186. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1187. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1188. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1189. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1190. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1191. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1192. <td class="prngen14" colspan="1" rowspan="1"></br></td>
1193. </tr>
1194. <tr>
1195. <td class="prngen5" colspan="1" rowspan="1">
1196. <p class="prnml4"><span class="prnews_span">International IT Services</span></p>
1197. </td>
1198. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1199. <td class="prngen6" colspan="1" rowspan="1">
1200. <p class="prnml4"><span class="prnews_span">70.3</span></p>
1201. </td>
1202. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1203. <td class="prngen6" colspan="1" rowspan="1">
1204. <p class="prnml4"><span class="prnews_span">85.9</span></p>
1205. </td>
1206. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1207. <td class="prngen15" colspan="1" rowspan="1">
1208. <p class="prnml4"><span class="prnews_span">-18 %</span></p>
1209. </td>
1210. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1211. <td class="prngen6" colspan="1" rowspan="1">
1212. <p class="prnml4"><span class="prnews_span">74.8</span></p>
1213. </td>
1214. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1215. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1216. <td class="prngen15" colspan="1" rowspan="1">
1217. <p class="prnml4"><span class="prnews_span">-6 %</span></p>
1218. </td>
1219. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1220. <td class="prngen6" colspan="1" rowspan="1">
1221. <p class="prnml4"><span class="prnews_span">319.8</span></p>
1222. </td>
1223. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1224. <td class="prngen6" colspan="1" rowspan="1">
1225. <p class="prnml4"><span class="prnews_span">310.7</span></p>
1226. </td>
1227. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1228. <td class="prngen16" colspan="1" rowspan="1">
1229. <p class="prnml4"><span class="prnews_span">3 %</span></p>
1230. </td>
1231. </tr>
1232. <tr>
1233. <td class="prngen5" colspan="1" rowspan="1">
1234. <p class="prnml4"><span class="prnews_span">Domestic- Products &amp; Services </span></p>
1235. </td>
1236. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1237. <td class="prngen6" colspan="1" rowspan="1">
1238. <p class="prnml4"><span class="prnews_span">40.1</span></p>
1239. </td>
1240. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1241. <td class="prngen6" colspan="1" rowspan="1">
1242. <p class="prnml4"><span class="prnews_span">42.6</span></p>
1243. </td>
1244. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1245. <td class="prngen15" colspan="1" rowspan="1">
1246. <p class="prnml4"><span class="prnews_span">-6 %</span></p>
1247. </td>
1248. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1249. <td class="prngen6" colspan="1" rowspan="1">
1250. <p class="prnml4"><span class="prnews_span">39.0</span></p>
1251. </td>
1252. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1253. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1254. <td class="prngen15" colspan="1" rowspan="1">
1255. <p class="prnml4"><span class="prnews_span">3 %</span></p>
1256. </td>
1257. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1258. <td class="prngen6" colspan="1" rowspan="1">
1259. <p class="prnml4"><span class="prnews_span">163.3</span></p>
1260. </td>
1261. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1262. <td class="prngen6" colspan="1" rowspan="1">
1263. <p class="prnml4"><span class="prnews_span">141.2</span></p>
1264. </td>
1265. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1266. <td class="prngen16" colspan="1" rowspan="1">
1267. <p class="prnml4"><span class="prnews_span">16 %</span></p>
1268. </td>
1269. </tr>
1270. <tr>
1271. <td class="prngen5" colspan="1" rowspan="1">
1272. <p class="prnml4"><span class="prnews_span">Consolidated</span></p>
1273. </td>
1274. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1275. <td class="prngen6" colspan="1" rowspan="1">
1276. <p class="prnml4"><span class="prnews_span">110.4</span></p>
1277. </td>
1278. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1279. <td class="prngen6" colspan="1" rowspan="1">
1280. <p class="prnml4"><span class="prnews_span">128.5</span></p>
1281. </td>
1282. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1283. <td class="prngen15" colspan="1" rowspan="1">
1284. <p class="prnml4"><span class="prnews_span">-14 %</span></p>
1285. </td>
1286. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1287. <td class="prngen6" colspan="1" rowspan="1">
1288. <p class="prnml4"><span class="prnews_span">113.8</span></p>
1289. </td>
1290. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1291. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1292. <td class="prngen15" colspan="1" rowspan="1">
1293. <p class="prnml4"><span class="prnews_span">-3 %</span></p>
1294. </td>
1295. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1296. <td class="prngen6" colspan="1" rowspan="1">
1297. <p class="prnml4"><span class="prnews_span">483.2</span></p>
1298. </td>
1299. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1300. <td class="prngen6" colspan="1" rowspan="1">
1301. <p class="prnml4"><span class="prnews_span">451.9</span></p>
1302. </td>
1303. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1304. <td class="prngen16" colspan="1" rowspan="1">
1305. <p class="prnml4"><span class="prnews_span">7 %</span></p>
1306. </td>
1307. </tr>
1308. <tr>
1309. <td class="prnpr10 prnpl2 prnvab prntar prnsbtb1 prnrbrb1 prnbbbs prnbsbls" colspan="1" rowspan="1"></br></td>
1310. <td class="prngen18" colspan="1" rowspan="1"></br></td>
1311. <td class="prngen18" colspan="1" rowspan="1"></br></td>
1312. <td class="prngen18" colspan="1" rowspan="1"></br></td>
1313. <td class="prngen18" colspan="1" rowspan="1"></br></td>
1314. <td class="prngen18" colspan="1" rowspan="1"></br></td>
1315. <td class="prngen18" colspan="1" rowspan="1"></br></td>
1316. <td class="prngen18" colspan="1" rowspan="1"></br></td>
1317. <td class="prngen18" colspan="1" rowspan="1"></br></td>
1318. <td class="prngen18" colspan="1" rowspan="1"></br></td>
1319. <td class="prngen18" colspan="1" rowspan="1"></br></td>
1320. <td class="prngen18" colspan="1" rowspan="1"></br></td>
1321. <td class="prngen18" colspan="1" rowspan="1"></br></td>
1322. <td class="prngen18" colspan="1" rowspan="1"></br></td>
1323. <td class="prngen18" colspan="1" rowspan="1"></br></td>
1324. <td class="prngen18" colspan="1" rowspan="1"></br></td>
1325. <td class="prngen18" colspan="1" rowspan="1"></br></td>
1326. <td class="prngen22" colspan="1" rowspan="1"></br></td>
1327. </tr>
1328. <tr>
1329. <td class="prngen9" colspan="1" rowspan="1"></br></td>
1330. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1331. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1332. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1333. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1334. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1335. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1336. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1337. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1338. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1339. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1340. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1341. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1342. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1343. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1344. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1345. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1346. <td class="prngen14" colspan="1" rowspan="1"></br></td>
1347. </tr>
1348. <tr>
1349. <td class="prngen13" colspan="1" rowspan="1">
1350. <p class="prnml4"><span class="prnews_span"><b>PAT after exceptional item</b></span></p>
1351. </td>
1352. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1353. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1354. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1355. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1356. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1357. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1358. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1359. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1360. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1361. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1362. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1363. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1364. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1365. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1366. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1367. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1368. <td class="prngen14" colspan="1" rowspan="1"></br></td>
1369. </tr>
1370. <tr>
1371. <td class="prngen5" colspan="1" rowspan="1">
1372. <p class="prnml4"><span class="prnews_span">International IT Services</span></p>
1373. </td>
1374. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1375. <td class="prngen6" colspan="1" rowspan="1">
1376. <p class="prnml4"><span class="prnews_span">70.3</span></p>
1377. </td>
1378. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1379. <td class="prnpr6 prnpl2 prnvab prntar prnsbtb1 prnrbrb1 prnsbbb1 prnsblb1" colspan="1" rowspan="1">
1380. <p class="prnml4"><span class="prnews_span">(88.8)</span></p>
1381. </td>
1382. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1383. <td class="prngen6" colspan="1" rowspan="1">
1384. <p class="prnml4"><span class="prnews_span">&#8211;</span></p>
1385. </td>
1386. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1387. <td class="prngen6" colspan="1" rowspan="1">
1388. <p class="prnml4"><span class="prnews_span">74.8</span></p>
1389. </td>
1390. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1391. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1392. <td class="prngen6" colspan="1" rowspan="1">
1393. <p class="prnml4"><span class="prnews_span">&#8211;</span></p>
1394. </td>
1395. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1396. <td class="prngen6" colspan="1" rowspan="1">
1397. <p class="prnml4"><span class="prnews_span">145.1</span></p>
1398. </td>
1399. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1400. <td class="prngen6" colspan="1" rowspan="1">
1401. <p class="prnml4"><span class="prnews_span">310.7</span></p>
1402. </td>
1403. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1404. <td class="prngen14" colspan="1" rowspan="1">
1405. <p class="prnml4"><span class="prnews_span">&#8211;</span></p>
1406. </td>
1407. </tr>
1408. <tr>
1409. <td class="prngen5" colspan="1" rowspan="1">
1410. <p class="prnml4"><span class="prnews_span">Domestic- Products &amp; Services </span></p>
1411. </td>
1412. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1413. <td class="prngen6" colspan="1" rowspan="1">
1414. <p class="prnml4"><span class="prnews_span">40.1</span></p>
1415. </td>
1416. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1417. <td class="prngen6" colspan="1" rowspan="1">
1418. <p class="prnml4"><span class="prnews_span">42.6</span></p>
1419. </td>
1420. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1421. <td class="prngen15" colspan="1" rowspan="1">
1422. <p class="prnml4"><span class="prnews_span">-6 %</span></p>
1423. </td>
1424. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1425. <td class="prngen6" colspan="1" rowspan="1">
1426. <p class="prnml4"><span class="prnews_span">39.0</span></p>
1427. </td>
1428. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1429. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1430. <td class="prngen15" colspan="1" rowspan="1">
1431. <p class="prnml4"><span class="prnews_span">3 %</span></p>
1432. </td>
1433. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1434. <td class="prngen6" colspan="1" rowspan="1">
1435. <p class="prnml4"><span class="prnews_span">163.3</span></p>
1436. </td>
1437. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1438. <td class="prngen6" colspan="1" rowspan="1">
1439. <p class="prnml4"><span class="prnews_span">141.2</span></p>
1440. </td>
1441. <td class="prngen6" colspan="1" rowspan="1"></br></td>
1442. <td class="prngen16" colspan="1" rowspan="1">
1443. <p class="prnml4"><span class="prnews_span">16 %</span></p>
1444. </td>
1445. </tr>
1446. <tr>
1447. <td class="prngen17" colspan="1" rowspan="1">
1448. <p class="prnml4"><span class="prnews_span">Consolidated</span></p>
1449. </td>
1450. <td class="prngen18" colspan="1" rowspan="1"></br></td>
1451. <td class="prngen18" colspan="1" rowspan="1">
1452. <p class="prnml4"><span class="prnews_span">110.4</span></p>
1453. </td>
1454. <td class="prngen18" colspan="1" rowspan="1"></br></td>
1455. <td class="prnpr6 prnpl2 prnvab prntar prnsbtb1 prnrbrb1 prnbbbs prnsblb1" colspan="1" rowspan="1">
1456. <p class="prnml4"><span class="prnews_span">(46.2)</span></p>
1457. </td>
1458. <td class="prngen18" colspan="1" rowspan="1"></br></td>
1459. <td class="prngen18" colspan="1" rowspan="1">
1460. <p class="prnml4"><span class="prnews_span">&#8211;</span></p>
1461. </td>
1462. <td class="prngen18" colspan="1" rowspan="1"></br></td>
1463. <td class="prngen18" colspan="1" rowspan="1">
1464. <p class="prnml4"><span class="prnews_span">113.8</span></p>
1465. </td>
1466. <td class="prngen18" colspan="1" rowspan="1"></br></td>
1467. <td class="prngen18" colspan="1" rowspan="1"></br></td>
1468. <td class="prngen18" colspan="1" rowspan="1">
1469. <p class="prnml4"><span class="prnews_span">&#8211;</span></p>
1470. </td>
1471. <td class="prngen18" colspan="1" rowspan="1"></br></td>
1472. <td class="prngen18" colspan="1" rowspan="1">
1473. <p class="prnml4"><span class="prnews_span">308.5</span></p>
1474. </td>
1475. <td class="prngen18" colspan="1" rowspan="1"></br></td>
1476. <td class="prngen18" colspan="1" rowspan="1">
1477. <p class="prnml4"><span class="prnews_span">451.9</span></p>
1478. </td>
1479. <td class="prngen18" colspan="1" rowspan="1"></br></td>
1480. <td class="prngen22" colspan="1" rowspan="1">
1481. <p class="prnml4"><span class="prnews_span">&#8211;</span></p>
1482. </td>
1483. </tr>
1484. </table>
1485. </div>
1486. <p></br>Speaking on the quarterly results Mr. Samir Dhir, MD &amp; CEO of the Company said, &#8220;We remain optimistic about our long-term vision and growth prospects. In FY24, our international business delivered industry leading 34.3% growth YoY. During the Q4, large deals decisioning delays &amp; associated costs resulted in sequential degrowth both in our international revenue USD terms by 2.4% QoQ, and consolidated PAT of 14.1% QoQ. Despite Q4 and short-term headwinds, as we reflect on the year, we have taken significant steps towards our long-term goals.&#8221;</p>
1487. <p>Speaking on the results Mr. <span class="xn-person">Sujit Mohanty</span>, MD &amp; CEO of Sonata Information Technology Limited said,  &#8220;Our PAT  de-grew by 6% QoQ due to seasonality; however, Annual PAT grew 16% over the previous year. We had fruitful engagements with our existing customers through targeted GTMs which helped us expand our business from our existing customer base.&#8221;</p>
1488. <p><b>Performance Highlights for the Q4&#8217;24 &amp; FY&#8217;24:                                                                                                                </b></p>
1489. <ul type="disc">
1490. <li><b><i>Consolidated:<br /></br></i></b>
1491. <ul type="disc">
1492. <li>Revenues for Q4&#8217;24 at ₹ <span class="xn-money">2,191.6 crores</span>; QoQ de-growth of 11.8%. Revenues for FY&#8217;24 at ₹ <span class="xn-money">8,613.1 crores</span>; YoY growth of 15.6%.</li>
1493. <li>EBITDA for Q4&#8217;24 is ₹ <span class="xn-money">198.8 crores</span>; QoQ de-growth of 12.5%. EBITDA for FY&#8217;24 at ₹ <span class="xn-money">853.0 crores</span>; YoY growth of 26.4%.</li>
1494. <li>PAT for Q4&#8217;24 stood at ₹ <span class="xn-money">110.4 Crores</span>; QoQ de-growth of 14.1%. PAT (before exceptional items) for FY&#8217;24 stood at ₹ <span class="xn-money">483.2 Crores</span>; YoY growth of 6.9%.</li>
1495. <li>Net Cash and equivalents of approximately ₹ <span class="xn-money">441.3 Crores</span> (net of borrowings).<br /></br><br /></br></li>
1496. </ul>
1497. </li>
1498. <li><b><i>International IT Services:<br /></br></i></b>
1499. <ul type="disc">
1500. <li>Revenues for Q4&#8217;24 at ₹ <span class="xn-money">679.0 crores</span>; QoQ de-growth of 2.6%. Revenues for FY&#8217;24 at ₹ <span class="xn-money">2,679.6 crores</span>; YoY growth of 39.5%.</li>
1501. <li>Revenue for Q4&#8217;24 in USD at 81.7 Mn, QoQ de-growth of 2.4%. Revenue for FY&#8217;24 in USD at 323.6 Mn YoY growth of 34.3%.</li>
1502. <li>EBITDA for Q4&#8217;24 at ₹ <span class="xn-money">143.2 crores</span>; QoQ de-growth of 15.2%. EBITDA for FY&#8217;24 at ₹ <span class="xn-money">627.7 crores</span>; YoY growth of 30.2%</li>
1503. <li>PAT for Q4&#8217;24 stood at ₹ <span class="xn-money">70.3 Crores</span>; QoQ de-growth of 18.2%. PAT (before exceptional items) for FY&#8217;24 stood at ₹ <span class="xn-money">319.8 Crores</span>; YoY growth of 2.9%.</li>
1504. <li>DSO at 45 days (same as Q3&#8217;24)</li>
1505. <li>18 New Customer added during the quarter.</li>
1506. <li>Strong growth from digital based competencies like Managed cloud services and Digital Platformation<img src="https://s.w.org/images/core/emoji/15.0.3/72x72/2122.png" alt="™" class="wp-smiley" style="height: 1em; max-height: 1em;" /> Services (Microsoft &amp; Open source) and focused verticals like TMT, Healthcare &amp; Life Sciences, Manufacturing, Retail / CPG/ TTH, BFSI and Emerging.</li>
1507. <li>Our pipeline continues to be healthy and strong through multiple new digital wins from existing and new customers.<br /></br><br /></br></li>
1508. </ul>
1509. </li>
1510. <li><b><i>Domestic Products &amp; Services</i></b><b><i>:<br /></br></i></b>
1511. <ul type="disc">
1512. <li>Revenues for Q4&#8217;24 at ₹ <span class="xn-money">1,514.5 crores</span>; QoQ de-growth of 15.9%. Revenues for FY&#8217;24 at ₹ <span class="xn-money">5950.5 crores</span>; YoY growth of 7.4%</li>
1513. <li>Gross contribution for Q4&#8217;24 at ₹ 64.8 Crs de-grew by 9.1% QoQ. Gross contribution for FY&#8217;24 at ₹ 260.4 Crs grew by 18.6% YoY</li>
1514. <li>EBITDA for Q4&#8217;24 at ₹ <span class="xn-money">56.2 crores</span>; QoQ de-growth of 4.5%. EBITDA for FY&#8217;24 at ₹ <span class="xn-money">228.3 crores</span>; YoY growth of 16.0%</li>
1515. <li>PAT for Q4&#8217;24 at ₹ <span class="xn-money">40.1 crores</span>; QoQ de-growth of 5.9%. PAT for FY&#8217;24 at ₹ <span class="xn-money">163.3 crores</span>; YoY growth of 15.7%.</li>
1516. <li>DSO at 36 days (same as Q3&#8217;24)<br /></br><br /></br></li>
1517. </ul>
1518. </li>
1519. </ul>
1520. <p><b>About Sonata Software</b></p>
1521. <p>Sonata Software is a leading Modernization Engineering company, powered by its unique Platformation<img src="https://s.w.org/images/core/emoji/15.0.3/72x72/2122.png" alt="™" class="wp-smiley" style="height: 1em; max-height: 1em;" /> framework that brings together industry expertise, platform technology excellence, design innovation and strategic engagement models to deliver sustained value to customers. We partner with Fortune 500 clients to help them reimagine their business processes as part of modernization programs. As part of this phase, we drive business enablement sessions, consulting, and business processes to be aligned with best-in-class industry-specific practices. Our outcome-based Modernization Services include Cloud, Data, Dynamics, Managed Services, Automation and Digital Contact Center. We offer services and solutions around newer technologies like Generative AI, MS Fabric, and other modernization platforms. Sonata has a strong global presence in key regions including US, UK, <span class="xn-location">Europe</span>, APAC, and ANZ. We are a trusted partner of world leading companies in TMT, Retail &amp; CPG. Manufacturing, BFSI and HLS space. Our partner ecosystem boasts of strong relationships with Microsoft, AWS, Salesforce, Snowflake, Google, and Industry partners and is critical to the value we create with our clients.</p>
1522. <p>For more information, please visit https://www.sonata-software.com/. </p>
1523. <p>Logo: https://mma.prnewswire.com/media/689012/4257625/Sonata_Software_Logo.jpg</p>
1524. <p> </p>
1525. <p id="PURL"><img decoding="async" alt="Cision" height="12" src="https://c212.net/c/img/favicon.png?sn=EN07670&amp;sd=2024-05-07" title="Cision" width="12"></img> View original content:https://www.prnewswire.co.uk/news-releases/sonata-software-international-services-dollar-revenue-for-fy24-of-323-6-mn-grew-34-3-yoy-domestic-business-delivered-gross-contribution-for-fy24-of-260-4-cr-18-6-yoy-growth-in-inr-the-board-recommends-a-final-dividend-of&#8212;302138323.html</p>
1526. <p> <img decoding="async" alt="" src="https://rt.prnewswire.com/rt.gif?NewsItemId=EN07670&amp;Transmission_Id=202405071015PR_NEWS_EURO_ND__EN07670&amp;DateId=20240507" style="border:0px; width:1px; height:1px;"></img>Disclaimer: The above press release comes to you under an arrangement with PR Newswire. Daily India News takes no editorial responsibility for the same.</p>
1527. <p>The post <a rel="nofollow" href="https://dailyindianews.com/sonata-software-international-services-dollar-revenue-for-fy24-of-323-6-mn-grew-34-3-yoy-domestic-business-delivered-gross-contribution-for-fy24-of-260-4-cr-18-6-yoy-growth-in-inr-the-board-rec/2024/361972/">Sonata Software: International Services Dollar revenue for FY&#8217;24 of 323.6 Mn grew 34.3% YoY; Domestic business delivered Gross contribution for FY&#8217;24 of 260.4 Cr 18.6% YoY growth in INR; The Board recommends a final dividend of ₹ 4.40 per share (FY&#8217;24 total dividend ₹ 7.90 per share)</a> appeared first on <a rel="nofollow" href="https://dailyindianews.com">Daily India News</a>.</p>
1528. ]]></content:encoded>
1532. </item>
1533. <item>
1534. <title>Coca-Cola India announces its first ever partnership with Hockey India, for the National Women&#8217;s Hockey League</title>
1535. <link>https://dailyindianews.com/coca-cola-india-announces-its-first-ever-partnership-with-hockey-india-for-the-national-womens-hockey-league/2024/361970/</link>
1537. <dc:creator><![CDATA[PR Newswire]]></dc:creator>
1538. <pubDate>Tue, 07 May 2024 12:07:00 +0000</pubDate>
1539. <category><![CDATA[Brand Post]]></category>
1540. <guid isPermaLink="false">https://dailyindianews.com/coca-cola-india-announces-its-first-ever-partnership-with-hockey-india-for-the-national-womens-hockey-league</guid>
1541.  
1542. <description><![CDATA[<div style="margin-bottom:20px;"><img width="144" height="81" src="https://dailyindianews.com/wp-content/uploads/2024/05/coca-cola-india-announces-its-first-ever-partnership-with-hockey-india-for-the-national-womens-hockey-league.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" /></div>
1543. <p class="prntac"><i>Under Coca-Cola India's #SheTheDifference campaign, the partnership is aimed at the advancement of women's hockey in <span class="xn-location">India</span>.</i></p>
1544. <p><span class="legendSpanClass"><span class="xn-location">NEW DELHI</span></span>, <span class="legendSpanClass"><span class="xn-chron">May 7, 2024</span></span> /PRNewswire/ -- Anandana, The Coca-Cola India Foundation, announces its first ever partnership with Hockey India, for the National Women's Hockey League 2024. The 1st Phase of the tournament commenced on 30<sup>th</sup>April, and it will conclude on 9<sup>th</sup><span class="xn-chron">May 2024</span>, in Ranchi, Jharkhand<span id="spanHghlt0200">. The </span>domestic league promises an exhilarating showcase of talent and skill.</p>
1545. <div class="PRN_ImbeddedAssetReference" id="DivAssetPlaceHolder1">
1546. <p> <a href="https://mma.prnewswire.com/media/2406488/Anandana_Coca_Cola_Logo.html" rel="nofollow noopener" target="_blank"> <img alt="Anandana-Coca-Cola-Logo" src="https://mma.prnewswire.com/media/2406488/Anandana_Coca_Cola_Logo.jpg" title="Anandana-Coca-Cola-Logo"></img> </a> </p>
1547. </p></div>
1548. <p>The National Women's Hockey League features teams that secured top-eight positions in <span class="xn-location">Pune's</span> recently concluded 14<sup>th</sup>Hockey India Senior Women National Championship 2024. The participating athletes represent various states, including Haryana, Maharashtra, Jharkhand, Madhya Pradesh, Bengal, Mizoram, Manipur, and Odisha.</p>
1549. <p>In line with Coca-Cola India's commitment to sports, the three-year collaboration underscores its role in positively shaping the sports and gender equality landscape. The partnership also aligns with the company's #SheTheDifference campaign, an initiative to celebrate, uplift, and support women. This strategic partnership aims to elevate women's hockey by tackling essential components, such as providing specialized coaching, the provision of training equipment, nutritional support, and the organization of camps and tournaments to foster growth.</p>
1550. <p>Sporting Ethos, is the implementation partner of the program, offering valuable support for the players to reach their full potential and bring out the best of the Indian sports scene.</p>
1551. <p><b>Commenting on the partnership, Hockey India President, Dr. <span class="xn-person">Dilip Tirkey</span>,</b> said, <i>"We are thrilled to have Anandana, <span id="spanHghltf5f6">T</span>he Coca-Cola India Foundation, onboard for the inaugural edition of the tournament. I believe this association will not only elevate the stature of hockey as a sport but also of women hockey players, nationally and internationally. This collaboration will be a milestone in raising the bar of sports training and enhancing sports capabilities in <span class="xn-location">India</span>."</i></p>
1552. <p><b>Echoing the President's enthusiasm, Hockey India Secretary General, <span class="xn-person">Shri Bhola Nath Singh</span>, welcomed the partnership with Anandana, <span id="spanHghlt53e7">T</span>he Coca-Cola India Foundation</b>. <i>"Our goals are perfectly aligned,"</i> he said. <i>"Both Hockey India and Coca-Cola are committed to promoting and developing sports at the grassroots level, particularly women's hockey. We envision the National Women's Hockey League as a strong feeder system for the National team.This partnership is a win-win, and we look forward to a fruitful collaboration in the years to come."</i></p>
1553. <p>Announcing the association, <b>Rajiv Gupta, Director, The Coca-Cola India Foundation,</b> said, <i>"At Coca-Cola India, we believe in the transformative power of sports to inspire and unite communities. Partnering with Hockey India advances our shared vision of creating a supportive environment for the development of sports and athletes alike. With this, we are proud to sponsor women in sports and contribute to their success on the global stage."</i></p>
1554. <p><b>About Coca-Cola India</b></p>
1555. <p>Coca-Cola in <span class="xn-location">India</span> is one of the country's leading beverage companies, offering a range of high-quality and refreshing beverage options to consumers. The company in line with its vision of 'Beverages For Life' offers a wide portfolio of products which includes hydration, sports, sparkling, coffee, tea, nutrition, juice and dairy based products. In <span class="xn-location">India</span> it's beverage range includes Coca-Cola, Coca-Cola Zero Sugar, Diet Coke, Thums Up, Charged by Thums Up, Fanta, Limca, Sprite, Maaza, Minute Maid range of juices. The Company also offers hydration beverages including Limca Sportz, Smartwater, Kinley, Dasani and Bonaqua packaged drinking water and Kinley Club Soda. Premium products constitute Schweppes and Smartwater. In addition, it offers Costa Coffee range of tea and coffee. The Company is constantly transforming its portfolio, from reducing sugar in its drinks to bringing innovative new products to market.</p>
1556. <p>The Company along with its owned bottling operations and franchise bottling partners has a strong network of close to 4 million retail outlets through which it refreshes millions of consumers across the country. It seeks to positively impact people's lives, communities and the planet through water replenishment, packaging recycling, sustainable agriculture initiatives and carbon emission reductions across its value chain.</p>
1557. <p>Globally together with its bottling partners, The Coca-Cola Company employs more than 700,000 people, helping to bring economic opportunity to local communities worldwide. Learn more at <u><a href="http://www.cocacolacompany.com/" rel="nofollow noopener" target="_blank">www.cocacolacompany.com</a></u> and follow us on Twitter, Instagram, Facebook and LinkedIn.</p>
1558. <p>Logo: <a href="https://mma.prnewswire.com/media/2406488/Anandana_Coca_Cola_Logo.jpg" rel="nofollow noopener" target="_blank">https://mma.prnewswire.com/media/2406488/Anandana_Coca_Cola_Logo.jpg</a></p>
1559. <p> </p>
1560. <p id="PURL"><img alt="Cision" height="12" src="https://c212.net/c/img/favicon.png?sn=EN07508&#38;sd=2024-05-07" title="Cision" width="12"></img> View original content to download multimedia:<a href="https://www.prnewswire.com/in/news-releases/coca-cola-india-announces-its-first-ever-partnership-with-hockey-india-for-the-national-womens-hockey-league-302138140.html" id="PRNURL" rel="nofollow noopener" target="_blank">https://www.prnewswire.com/in/news-releases/coca-cola-india-announces-its-first-ever-partnership-with-hockey-india-for-the-national-womens-hockey-league-302138140.html</a></p>
1561. <p> <img alt="" src="https://rt.prnewswire.com/rt.gif?NewsItemId=EN07508&#38;Transmission_Id=202405070807PR_NEWS_EURO_ND__EN07508&#38;DateId=20240507" style="border:0px; width:1px; height:1px;"></img></p>
1562. <p>The post <a rel="nofollow" href="https://dailyindianews.com/coca-cola-india-announces-its-first-ever-partnership-with-hockey-india-for-the-national-womens-hockey-league/2024/361970/">Coca-Cola India announces its first ever partnership with Hockey India, for the National Women&#8217;s Hockey League</a> appeared first on <a rel="nofollow" href="https://dailyindianews.com">Daily India News</a>.</p>
1563. ]]></description>
1564. <content:encoded><![CDATA[<div style="margin-bottom:20px;"><img width="144" height="81" src="https://dailyindianews.com/wp-content/uploads/2024/05/coca-cola-india-announces-its-first-ever-partnership-with-hockey-india-for-the-national-womens-hockey-league.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" /></div><p class="prntac"><i>Under Coca-Cola India&#8217;s #SheTheDifference campaign, the partnership is aimed at the advancement of women&#8217;s hockey in <span class="xn-location">India</span>.</i></p>
1565. <p><span class="legendSpanClass"><span class="xn-location">NEW DELHI</span></span>, <span class="legendSpanClass"><span class="xn-chron">May 7, 2024</span></span> /PRNewswire/ &#8212; Anandana, The Coca-Cola India Foundation, announces its first ever partnership with Hockey India, for the National Women&#8217;s Hockey League 2024. The 1st Phase of the tournament commenced on 30<sup>th</sup>April, and it will conclude on 9<sup>th</sup><span class="xn-chron">May 2024</span>, in Ranchi, Jharkhand<span id="spanHghlt0200">. The </span>domestic league promises an exhilarating showcase of talent and skill.</p>
1566. <div class="PRN_ImbeddedAssetReference" id="DivAssetPlaceHolder1">
1567. <p>  <img decoding="async" alt="Anandana-Coca-Cola-Logo" src="https://mma.prnewswire.com/media/2406488/Anandana_Coca_Cola_Logo.jpg" title="Anandana-Coca-Cola-Logo"></img>  </p>
1568. </p></div>
1569. <p>The National Women&#8217;s Hockey League features teams that secured top-eight positions in <span class="xn-location">Pune&#8217;s</span> recently concluded 14<sup>th</sup>Hockey India Senior Women National Championship 2024. The participating athletes represent various states, including Haryana, Maharashtra, Jharkhand, Madhya Pradesh, Bengal, Mizoram, Manipur, and Odisha.</p>
1570. <p>In line with Coca-Cola India&#8217;s commitment to sports, the three-year collaboration underscores its role in positively shaping the sports and gender equality landscape. The partnership also aligns with the company&#8217;s #SheTheDifference campaign, an initiative to celebrate, uplift, and support women. This strategic partnership aims to elevate women&#8217;s hockey by tackling essential components, such as providing specialized coaching, the provision of training equipment, nutritional support, and the organization of camps and tournaments to foster growth.</p>
1571. <p>Sporting Ethos, is the implementation partner of the program, offering valuable support for the players to reach their full potential and bring out the best of the Indian sports scene.</p>
1572. <p><b>Commenting on the partnership, Hockey India President, Dr. <span class="xn-person">Dilip Tirkey</span>,</b> said, <i>&#8220;We are thrilled to have Anandana, <span id="spanHghltf5f6">T</span>he Coca-Cola India Foundation, onboard for the inaugural edition of the tournament. I believe this association will not only elevate the stature of hockey as a sport but also of women hockey players, nationally and internationally. This collaboration will be a milestone in raising the bar of sports training and enhancing sports capabilities in <span class="xn-location">India</span>.&#8221;</i></p>
1573. <p><b>Echoing the President&#8217;s enthusiasm, Hockey India Secretary General, <span class="xn-person">Shri Bhola Nath Singh</span>, welcomed the partnership with Anandana, <span id="spanHghlt53e7">T</span>he Coca-Cola India Foundation</b>. <i>&#8220;Our goals are perfectly aligned,&#8221;</i> he said. <i>&#8220;Both Hockey India and Coca-Cola are committed to promoting and developing sports at the grassroots level, particularly women&#8217;s hockey. We envision the National Women&#8217;s Hockey League as a strong feeder system for the National team.This partnership is a win-win, and we look forward to a fruitful collaboration in the years to come.&#8221;</i></p>
1574. <p>Announcing the association, <b>Rajiv Gupta, Director, The Coca-Cola India Foundation,</b> said, <i>&#8220;At Coca-Cola India, we believe in the transformative power of sports to inspire and unite communities. Partnering with Hockey India advances our shared vision of creating a supportive environment for the development of sports and athletes alike. With this, we are proud to sponsor women in sports and contribute to their success on the global stage.&#8221;</i></p>
1575. <p><b>About Coca-Cola India</b></p>
1576. <p>Coca-Cola in <span class="xn-location">India</span> is one of the country&#8217;s leading beverage companies, offering a range of high-quality and refreshing beverage options to consumers. The company in line with its vision of &#8216;Beverages For Life&#8217; offers a wide portfolio of products which includes hydration, sports, sparkling, coffee, tea, nutrition, juice and dairy based products. In <span class="xn-location">India</span> it&#8217;s beverage range includes Coca-Cola, Coca-Cola Zero Sugar, Diet Coke, Thums Up, Charged by Thums Up, Fanta, Limca, Sprite, Maaza, Minute Maid range of juices. The Company also offers hydration beverages including Limca Sportz, Smartwater, Kinley, Dasani and Bonaqua packaged drinking water and Kinley Club Soda. Premium products constitute Schweppes and Smartwater. In addition, it offers Costa Coffee range of tea and coffee. The Company is constantly transforming its portfolio, from reducing sugar in its drinks to bringing innovative new products to market.</p>
1577. <p>The Company along with its owned bottling operations and franchise bottling partners has a strong network of close to 4 million retail outlets through which it refreshes millions of consumers across the country. It seeks to positively impact people&#8217;s lives, communities and the planet through water replenishment, packaging recycling, sustainable agriculture initiatives and carbon emission reductions across its value chain.</p>
1578. <p>Globally together with its bottling partners, The Coca-Cola Company employs more than 700,000 people, helping to bring economic opportunity to local communities worldwide. Learn more at <u>www.cocacolacompany.com</u> and follow us on Twitter, Instagram, Facebook and LinkedIn.</p>
1579. <p>Logo: https://mma.prnewswire.com/media/2406488/Anandana_Coca_Cola_Logo.jpg</p>
1580. <p> </p>
1581. <p id="PURL"><img decoding="async" alt="Cision" height="12" src="https://c212.net/c/img/favicon.png?sn=EN07508&amp;sd=2024-05-07" title="Cision" width="12"></img> View original content to download multimedia:https://www.prnewswire.com/in/news-releases/coca-cola-india-announces-its-first-ever-partnership-with-hockey-india-for-the-national-womens-hockey-league-302138140.html</p>
1582. <p> <img decoding="async" alt="" src="https://rt.prnewswire.com/rt.gif?NewsItemId=EN07508&amp;Transmission_Id=202405070807PR_NEWS_EURO_ND__EN07508&amp;DateId=20240507" style="border:0px; width:1px; height:1px;"></img>Disclaimer: The above press release comes to you under an arrangement with PR Newswire. Daily India News takes no editorial responsibility for the same.</p>
1583. <p>The post <a rel="nofollow" href="https://dailyindianews.com/coca-cola-india-announces-its-first-ever-partnership-with-hockey-india-for-the-national-womens-hockey-league/2024/361970/">Coca-Cola India announces its first ever partnership with Hockey India, for the National Women&#8217;s Hockey League</a> appeared first on <a rel="nofollow" href="https://dailyindianews.com">Daily India News</a>.</p>
1584. ]]></content:encoded>
1588. </item>
1589. <item>
1590. <title>Blockchain IoT Market to Expand at a Robust 45.1% CAGR through 2031 &#124; SkyQuest Technology</title>
1591. <link>https://dailyindianews.com/blockchain-iot-market-to-expand-at-a-robust-45-1-cagr-through-2031-skyquest-technology/2024/361944/</link>
1593. <dc:creator><![CDATA[GlobeNewswire]]></dc:creator>
1594. <pubDate>Tue, 07 May 2024 11:30:00 +0000</pubDate>
1595. <category><![CDATA[Brand Post]]></category>
1596. <guid isPermaLink="false">https://dailyindianews.com/blockchain-iot-market-to-expand-at-a-robust-45-1-cagr-through-2031-skyquest-technology</guid>
1597.  
1598. <description><![CDATA[<p>Westford, USA, May 07, 2024 (GLOBE NEWSWIRE) &#8212; SkyQuest projects that the blockchain IoT market will attain a value of USD 15486.69 million by 2031, with a CAGR of 45.1% during the forecast period (2024-2031). Integration of Blockchain and IoT (Internet of Things) bolsters faster processing and provides enhanced security of data on connected devices. [&#8230;]</p>
1599. <p>The post <a rel="nofollow" href="https://dailyindianews.com/blockchain-iot-market-to-expand-at-a-robust-45-1-cagr-through-2031-skyquest-technology/2024/361944/">Blockchain IoT Market to Expand at a Robust 45.1% CAGR through 2031 | SkyQuest Technology</a> appeared first on <a rel="nofollow" href="https://dailyindianews.com">Daily India News</a>.</p>
1600. ]]></description>
1601. <content:encoded><![CDATA[<p align="justify">Westford, USA, May 07, 2024 (GLOBE NEWSWIRE) &#8212; SkyQuest projects that the <u>blockchain IoT market</u> will attain a value of USD 15486.69 million by 2031, with a CAGR of 45.1% during the forecast period (2024-2031). Integration of Blockchain and IoT (Internet of Things) bolsters faster processing and provides enhanced security of data on connected devices. High demand for decentralized systems and the growing adoption of IoT devices are projected to bolster the blockchain IoT market growth. </p>
1602. <p align="justify"><strong>Download a detailed overview:</strong></p>
1603. <p align="justify"><u>https://www.skyquestt.com/sample-request/blockchain-iot-market</u></p>
1604. <p align="justify"><strong>Browse in-depth TOC on &#8220;Blockchain IoT Market&#8221; </strong></p>
1605. <ul>
1606. <li>Pages &#8211; 197</li>
1607. <li>Tables &#8211; 64</li>
1608. <li>Figures – 75</li>
1609. </ul>
1610. <p align="justify"><strong>Blockchain IoT Market Overview:</strong></p>
1611. <table style="border-collapse: collapse; border-collapse:collapse ;">
1612. <tr>
1613. <td style="width:297.54px;;vertical-align: middle; text-align: left; padding-left: 10.0px; border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; text-align: justify ; vertical-align: middle; vertical-align: bottom ; "><strong>Report Coverage</strong></td>
1614. <td style="width:326.47px;;vertical-align: middle; text-align: left; padding-left: 10.0px; border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; text-align: justify ; vertical-align: middle; vertical-align: bottom ; "><strong>Details</strong></td>
1615. </tr>
1616. <tr>
1617. <td style="width:297.54px;;vertical-align: middle; text-align: left; padding-left: 10.0px; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; text-align: justify ; vertical-align: middle; vertical-align: bottom ; ">Market Revenue in 2023</td>
1618. <td style="width:326.47px;;vertical-align: middle; text-align: left; padding-left: 10.0px; border-right: solid black 1pt ; border-bottom: solid black 1pt ; text-align: justify ; vertical-align: middle; vertical-align: bottom ; ">$ 788.17 million</td>
1619. </tr>
1620. <tr>
1621. <td style="width:297.54px;;vertical-align: middle; text-align: left; padding-left: 10.0px; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; text-align: justify ; vertical-align: middle; vertical-align: bottom ; ">Estimated Value by 2031</td>
1622. <td style="width:326.47px;;vertical-align: middle; text-align: left; padding-left: 10.0px; border-right: solid black 1pt ; border-bottom: solid black 1pt ; text-align: justify ; vertical-align: middle; vertical-align: bottom ; ">$ 15486.69 million</td>
1623. </tr>
1624. <tr>
1625. <td style="width:297.54px;;vertical-align: middle; text-align: left; padding-left: 10.0px; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; text-align: justify ; vertical-align: middle; vertical-align: bottom ; ">Growth Rate</td>
1626. <td style="width:326.47px;;vertical-align: middle; text-align: left; padding-left: 10.0px; border-right: solid black 1pt ; border-bottom: solid black 1pt ; text-align: justify ; vertical-align: middle; vertical-align: bottom ; ">Poised to grow at a CAGR of 45.1%</td>
1627. </tr>
1628. <tr>
1629. <td style="width:297.54px;;vertical-align: middle; text-align: left; padding-left: 10.0px; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; text-align: justify ; vertical-align: middle; vertical-align: bottom ; ">Forecast Period</td>
1630. <td style="width:326.47px;;vertical-align: middle; text-align: left; padding-left: 10.0px; border-right: solid black 1pt ; border-bottom: solid black 1pt ; text-align: justify ; vertical-align: middle; vertical-align: bottom ; ">2024–2031</td>
1631. </tr>
1632. <tr>
1633. <td style="width:297.54px;;vertical-align: middle; text-align: left; padding-left: 10.0px; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; text-align: justify ; vertical-align: middle; vertical-align: bottom ; ">Forecast Units</td>
1634. <td style="width:326.47px;;vertical-align: middle; text-align: left; padding-left: 10.0px; border-right: solid black 1pt ; border-bottom: solid black 1pt ; text-align: justify ; vertical-align: middle; vertical-align: bottom ; ">Value (USD Million)</td>
1635. </tr>
1636. <tr>
1637. <td style="width:297.54px;;vertical-align: middle; text-align: left; padding-left: 10.0px; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; text-align: justify ; vertical-align: middle; vertical-align: bottom ; ">Report Coverage</td>
1638. <td style="width:326.47px;;vertical-align: middle; text-align: left; padding-left: 10.0px; border-right: solid black 1pt ; border-bottom: solid black 1pt ; text-align: justify ; vertical-align: middle; vertical-align: bottom ; ">Revenue Forecast, Competitive Landscape, Growth Factors, and Trends</td>
1639. </tr>
1640. <tr>
1641. <td style="width:297.54px;;vertical-align: middle; text-align: left; padding-left: 10.0px; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; text-align: justify ; vertical-align: middle; vertical-align: bottom ; ">Segments Covered</td>
1642. <td style="width:326.47px;;vertical-align: middle; text-align: left; padding-left: 10.0px; border-right: solid black 1pt ; border-bottom: solid black 1pt ; text-align: justify ; vertical-align: middle; vertical-align: bottom ; ">Technology, Application, Product Type, Platform End-Use, and Region</td>
1643. </tr>
1644. <tr>
1645. <td style="width:297.54px;;vertical-align: middle; text-align: left; padding-left: 10.0px; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; text-align: justify ; vertical-align: middle; vertical-align: bottom ; ">Geographies Covered</td>
1646. <td style="width:326.47px;;vertical-align: middle; text-align: left; padding-left: 10.0px; border-right: solid black 1pt ; border-bottom: solid black 1pt ; text-align: justify ; vertical-align: middle; vertical-align: bottom ; ">North America, Europe, Asia Pacific, and the Rest of the world</td>
1647. </tr>
1648. <tr>
1649. <td style="width:297.54px;;vertical-align: middle; text-align: left; padding-left: 10.0px; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; text-align: justify ; vertical-align: middle; vertical-align: bottom ; ">Report Highlights</td>
1650. <td style="width:326.47px;;vertical-align: middle; text-align: left; padding-left: 10.0px; border-right: solid black 1pt ; border-bottom: solid black 1pt ; text-align: justify ; vertical-align: middle; vertical-align: bottom ; ">Updated financial information / product portfolio of players</td>
1651. </tr>
1652. <tr>
1653. <td style="width:297.54px;;vertical-align: middle; text-align: left; padding-left: 10.0px; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; text-align: justify ; vertical-align: middle; vertical-align: bottom ; ">Key Market Opportunities</td>
1654. <td style="width:326.47px;;vertical-align: middle; text-align: left; padding-left: 10.0px; border-right: solid black 1pt ; border-bottom: solid black 1pt ; text-align: justify ; vertical-align: middle; vertical-align: bottom ; ">Data monetization and data-driven innovations</td>
1655. </tr>
1656. <tr>
1657. <td style="width:297.54px;;vertical-align: middle; text-align: left; padding-left: 10.0px; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; text-align: justify ; vertical-align: middle; vertical-align: bottom ; ">Key Market Drivers</td>
1658. <td style="width:326.47px;;vertical-align: middle; text-align: left; padding-left: 10.0px; border-right: solid black 1pt ; border-bottom: solid black 1pt ; text-align: justify ; vertical-align: middle; vertical-align: bottom ; ">Growing demand for decentralized transparent systems</td>
1659. </tr>
1660. </table>
1661. <p align="justify"><strong><br /></strong></p>
1662. <p align="justify"><strong>High Demand for Custom Software for Blockchain IoT Applications Allowing Software to Dominate Market Growth</strong></p>
1663. <p align="justify">Investments in software development by Blockchain IoT providers are increasing at a rapid pace, which is allowing the software segment to hold a high market share. Surging demand for custom software solutions for different Blockchain IoT applications across different industry verticals will crucially help the dominance of this segment.   </p>
1664. <p align="justify"><strong>Evolving Threat Landscape Allowing Data Security to Emerge as Fastest-growing Segment in Market</strong></p>
1665. <p align="justify">The rising prevalence of cyberattacks and hacks has led to increased demand for better data security around the world. Blockchain IoT solutions can provide better data security as compared to other technologies as they utilize a decentralized network to store and manage data. Improved transparency, traceability, and data security offered by blockchain IoT solutions help market growth. </p>
1666. <p align="justify"><strong>Rapid Adoption of Novel Technologies Allows North America to Hold a Substantial Market Share</strong></p>
1667. <p align="justify">The developed IT infrastructure of North America coupled with the quick adoption of novel technologies such as blockchain IoT are contributing to the high market share of this region. The presence of key technology companies and the growing acceptance of IoT as well as Blockchain technologies will aid further market expansion. The United States and Canada are forecasted to be the most important markets in this region. </p>
1668. <p align="justify"><strong>Request Free Customization of this report:</strong></p>
1669. <p align="justify"><u>https://www.skyquestt.com/speak-with-analyst/blockchain-iot-market</u></p>
1670. <p><strong>Blockchain IoT Market Insights:</strong> </p>
1671. <p align="justify"><strong>Drivers</strong></p>
1672. <ul>
1673. <li>Growing demand for better data security.</li>
1674. <li>Rising acceptance of Blockchain and IoT technologies.</li>
1675. <li>Increasing use of decentralized systems in finance and other sectors. </li>
1676. </ul>
1677. <p align="justify"><strong>Restraints</strong></p>
1678. <ul>
1679. <li>Concerns regarding scalability of blockchain IoT platforms.</li>
1680. <li>Complexties in integration with existing infrastructure.</li>
1681. </ul>
1682. <p align="justify"><strong>Prominent Players in Blockchain IoT Market</strong></p>
1683. <ul>
1684. <li>IBM</li>
1685. <li>Microsoft</li>
1686. <li>Intel</li>
1687. <li>Amazon.com Inc.</li>
1688. <li>Cisco Systems Inc.</li>
1689. <li>Huawei Technologies Co. Ltd.</li>
1690. <li>Oracle Corporation</li>
1691. <li>SAP SE</li>
1692. <li>Accenture plc</li>
1693. <li>PTC Inc.</li>
1694. </ul>
1695. <p align="justify"><strong>View report summary and Table of Contents (TOC): </strong></p>
1696. <p align="justify"><u>https://www.skyquestt.com/report/blockchain-iot-market</u></p>
1697. <p align="justify"><strong>Key Questions Answered in Blockchain IoT Market Report</strong></p>
1698. <ul>
1699. <li>What drives the global blockchain IoT market growth?</li>
1700. </ul>
1701. <ul>
1702. <li>Who are the leading blockchain IoT providers in the world?</li>
1703. </ul>
1704. <ul>
1705. <li>Where will blockchain IoT demand soar high?</li>
1706. </ul>
1707. <p align="justify"><strong>This report provides the following insights:</strong></p>
1708. <ul>
1709. <li>Analysis of key drivers (growing demand for better data security, rising adoption of Blockchain and IoT technologies, increasing use of decentralized systems in different industry verticals), restraints (interoperability issues with legacy systems, complexities in integration with existing infrastructure, concerns regarding scalability of blockchain IoT systems), and opportunities (growing demand for data monetization, rising demand for transparent yet trusted transactions), influencing the growth of Blockchain IoT market.</li>
1710. <li>Market Penetration: All-inclusive analysis of product portfolio of different market players and status of new product launches.</li>
1711. <li>Product Development/Innovation: Elaborate assessment of R&amp;D activities, new product development, and upcoming trends of the Blockchain IoT market. </li>
1712. <li>Market Development: Detailed analysis of potential regions where the market has potential to grow. </li>
1713. <li>Market Diversification: Comprehensive assessment of new product launches, recent developments, and emerging regional markets. </li>
1714. <li>Competitive Landscape: Detailed analysis of growth strategies, revenue analysis, and product innovation by new and established market players.</li>
1715. </ul>
1716. <p align="justify"><strong>Related Reports:</strong></p>
1717. <p align="justify"><u>Global Blockchain Market</u></p>
1718. <p align="justify"><u>Global Blockchain as a Service Market</u></p>
1719. <p align="justify"><u>Global Fintech Blockchain Market</u></p>
1720. <p align="justify"><u>Global Blockchain in Healthcare Market</u></p>
1721. <p align="justify"><u>Global Decentralized Finance (DeFi) Market</u></p>
1722. <p align="justify"><strong>About Us:</strong></p>
1723. <p align="justify">SkyQuest is an IP focused Research and Investment Bank and Accelerator of Technology and assets. We provide access to technologies, markets and finance across sectors viz. Life Sciences, CleanTech, AgriTech, NanoTech and Information &amp; Communication Technology.</p>
1724. <p align="justify">We work closely with innovators, inventors, innovation seekers, entrepreneurs, companies and investors alike in leveraging external sources of R&amp;D. Moreover, we help them in optimizing the economic potential of their intellectual assets. Our experiences with innovation management and commercialization has expanded our reach across North America, Europe, ASEAN and Asia Pacific. </p>
1725. <p align="justify"><strong>Contact:</strong></p>
1726. <p align="justify">Mr. Jagraj Singh</p>
1727. <p align="justify">Skyquest Technology</p>
1728. <p align="justify">1 Apache Way, </p>
1729. <p align="justify">Westford, </p>
1730. <p align="justify">Massachusetts 01886</p>
1731. <p align="justify">USA (+1) 351-333-4748</p>
1732. <p align="justify">Email: <u>sales@skyquestt.com</u></p>
1733. <p align="justify">Visit Our Website: <u>https://www.skyquestt.com/</u></p>
1734. <p><img src='https://ml.globenewswire.com/media/OTMxOWU2NzUtNzI4NC00MWNkLWI4YWYtYjQ3ODkxNGI5NDViLTEyNTc0MjU=/tiny/SkyQuest-Technology-Consulting.png' referrerpolicy='no-referrer-when-downgrade' />Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. DailyIndiaNews.com takes no editorial responsibility for the same.</p>
1735. <p>The post <a rel="nofollow" href="https://dailyindianews.com/blockchain-iot-market-to-expand-at-a-robust-45-1-cagr-through-2031-skyquest-technology/2024/361944/">Blockchain IoT Market to Expand at a Robust 45.1% CAGR through 2031 | SkyQuest Technology</a> appeared first on <a rel="nofollow" href="https://dailyindianews.com">Daily India News</a>.</p>
1736. ]]></content:encoded>
1740. </item>
1741. <item>
1742. <title>Fortified Breakfast Spread Market To Reach USD 56.2 Million By 2032 &#124; DataHorizzon Research</title>
1743. <link>https://dailyindianews.com/fortified-breakfast-spread-market-to-reach-usd-56-2-million-by-2032-datahorizzon-research/2024/361943/</link>
1745. <dc:creator><![CDATA[GlobeNewswire]]></dc:creator>
1746. <pubDate>Tue, 07 May 2024 11:30:00 +0000</pubDate>
1747. <category><![CDATA[Brand Post]]></category>
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1749.  
1750. <description><![CDATA[<p>The fortified breakfast spread market size was valued at USD 29.1 Million in 2023 and is expected to reach a market size of USD 56.2 Million by 2032 at a CAGR of 7.6%. Fort Collins, Colorado, May 07, 2024 (GLOBE NEWSWIRE) &#8212; Demand for nutritious foods encourages industry development. The fortified breakfast spread market encompasses [&#8230;]</p>
1751. <p>The post <a rel="nofollow" href="https://dailyindianews.com/fortified-breakfast-spread-market-to-reach-usd-56-2-million-by-2032-datahorizzon-research/2024/361943/">Fortified Breakfast Spread Market To Reach USD 56.2 Million By 2032 | DataHorizzon Research</a> appeared first on <a rel="nofollow" href="https://dailyindianews.com">Daily India News</a>.</p>
1752. ]]></description>
1753. <content:encoded><![CDATA[<p><em>The fortified breakfast spread market size was valued at USD 29.1 Million in 2023 and is expected to reach a market size of USD 56.2 Million by 2032 at a CAGR of 7.6%.</em></p>
1754. <p>Fort Collins, Colorado, May 07, 2024 (GLOBE NEWSWIRE) &#8212; <strong><br /></strong></p>
1755. <p><strong>Demand for nutritious foods encourages industry development.</strong></p>
1756. <p>The <strong>fortified breakfast spread market</strong> encompasses a variety of products that not only serve as spreads for bread, toast, or baked goods but also deliver essential nutrients to consumers&#8217; diets. These spreads are enriched with vitamins, minerals, and other beneficial compounds to offer added nutritional value. They include fortified versions of popular spreads like margarine, butter, peanut butter, and other nut butter, enhanced with vitamins A, D, E, and B-complex vitamins, iron, zinc, and omega-3 fatty acids. </p>
1757. <p>Driven by increased health awareness and the need for convenient ways to boost nutrient intake, particularly among busy consumers, there is a rising demand for fortified and nutritionally enhanced food products. Fortified breakfast spreads often target specific consumer groups such as children, pregnant women, the elderly, or individuals with specific dietary requirements or deficiencies. Regulatory authorities and standards oversee fortification levels and nutrient claims to ensure accurate labeling and nutritional content. The fortified breakfast spread market allows food companies to meet the growing demand for functional and nutritionally enhanced food products. By offering familiar and convenient delivery formats for essential nutrients, companies can cater to consumer preferences while addressing nutritional needs. </p>
1758. <p align="center"><strong>Request Sample Report:</strong></p>
1759. <p align="center"><strong>https://bit.ly/4af5rCi</strong></p>
1760. <p><strong>Segmentation Overview:</strong></p>
1761. <p><strong>The fortified breakfast spread market has been segmented into nutrients, source, distribution channel, and region.</strong></p>
1762. <p><strong>Nut-based fortified breakfast spread accounted for a significant market share in 2023</strong></p>
1763. <ul>
1764. <li>The market segmentation based on source includes nut-based, dairy-based, fruit-based, and others. Nut-based fortified breakfast spreads hold a significant share of the source segment of the fortified breakfast spread market. They have gained considerable popularity due to the rising demand for plant-based and vegan products and the perceived health benefits of nut-based spreads, such as their high protein and healthy fat content.</li>
1765. </ul>
1766. <p><strong>Vitamins are the leading segment attributed to their utility value in the food industry.</strong></p>
1767. <ul>
1768. <li>The market is segmented by nutrients into proteins, minerals, vitamins, probiotics, prebiotics, and others. Vitamins hold a significant share of the nutrients segment of the fortified breakfast spread market. This can be attributed to the growing health consciousness among consumers and the demand for vitamin-enriched food products to ensure adequate nutrient intake. Additionally, vitamins are relatively easier to incorporate into breakfast spreads than other nutrients like probiotics or prebiotics. </li>
1769. </ul>
1770. <p align="center"><strong>Ask For Discount </strong></p>
1771. <p align="center"><strong>https://bit.ly/4abduQL</strong></p>
1772. <p><strong>Fortified Breakfast Spread Market Report Highlights:</strong></p>
1773. <ul>
1774. <li>The fortified breakfast spread market growth is anticipated at a <strong>CAGR of 7.6% by 2032.</strong></li>
1775. </ul>
1776. <ul>
1777. <li>The rise in the health-conscious population, demand for convenience, and the pursuit of healthy lifestyles are major growth factors for the fortified breakfast spread industry.</li>
1778. </ul>
1779. <ul>
1780. <li>Asia Pacific holds a significant share of the fortified breakfast spread and is expected to observe massive growth during the forecast period. This growth can be attributed to factors like a large population, rising disposable incomes, and increasing consumer awareness about the health benefits of fortified foods are driving demand.</li>
1781. </ul>
1782. <ul>
1783. <li>Some prominent players in the fortified breakfast spread market report include Unilever Plc., Ferrero Group, The Hershey Company, Hormel Food Corporation, The J.M. Smucker Company, The Kraft Heinz Company, ConAgra Foods Inc., The Hain Celestial Group Inc., Nestle S.A., Burnbrae Farms, and Fonterra Co-operative Group Limited. </li>
1784. </ul>
1785. <p align="center"><strong>Looking Exclusively For Region/Country Specific Report? </strong></p>
1786. <p align="center"><strong>https://bit.ly/4bp0esE</strong></p>
1787. <p><strong>About DataHorizzon Research:</strong></p>
1788. <p>DataHorizzon is a market research and advisory company that assists organizations across the globe in formulating growth strategies for changing business dynamics. Its offerings include consulting services across enterprises and business insights to make actionable decisions. DHR’s comprehensive research methodology for predicting long-term and sustainable trends in the market facilitates complex decisions for organizations.</p>
1789. <p><strong>Contact:</strong></p>
1790. <p><strong>Mail:</strong> sales@datahorizzonresearch.com</p>
1791. <p><strong>Ph:</strong> +1-970-672-0390</p>
1792. <p><strong>Website:</strong> https://datahorizzonresearch.com/</p>
1793. <p><strong>Follow Us:</strong> LinkedIn </p>
1794. <p> </p>
1795. <p><strong><u>Recent Publications</u></strong></p>
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1802. <pre>CONTACT: Mail: sales@datahorizzonresearch.com Ph: +1-970-672-0390 Website: https://www.datahorizzonresearch.com </pre>
1803. <p><img src='https://ml.globenewswire.com/media/OGQzNmY4NjMtY2EzZi00OTAxLWE5ZWYtOWUxOGIwMmZmMmM2LTEyNzA3Nzk=/tiny/DataHorizzon-Research.png' referrerpolicy='no-referrer-when-downgrade' />Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. DailyIndiaNews.com takes no editorial responsibility for the same.</p>
1804. <p>The post <a rel="nofollow" href="https://dailyindianews.com/fortified-breakfast-spread-market-to-reach-usd-56-2-million-by-2032-datahorizzon-research/2024/361943/">Fortified Breakfast Spread Market To Reach USD 56.2 Million By 2032 | DataHorizzon Research</a> appeared first on <a rel="nofollow" href="https://dailyindianews.com">Daily India News</a>.</p>
1805. ]]></content:encoded>
1809. </item>
1810. <item>
1811. <title>Solar Fuel Market to Reach $5.4 billion, Globally, by 2033 at 7.7% CAGR: Allied Market Research</title>
1812. <link>https://dailyindianews.com/solar-fuel-market-to-reach-5-4-billion-globally-by-2033-at-7-7-cagr-allied-market-research/2024/361942/</link>
1814. <dc:creator><![CDATA[GlobeNewswire]]></dc:creator>
1815. <pubDate>Tue, 07 May 2024 11:30:00 +0000</pubDate>
1816. <category><![CDATA[Brand Post]]></category>
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1818.  
1819. <description><![CDATA[<p>The solar fuels market is expected to witness significant growth, driven by the need to reduce carbon emissions and shift towards renewable energy. Solar fuels offer a sustainable alternative to fossil fuels by converting solar energy into chemical energy. This technology is critical for energy storage and transportation, aiding in the global pursuit of a [&#8230;]</p>
1820. <p>The post <a rel="nofollow" href="https://dailyindianews.com/solar-fuel-market-to-reach-5-4-billion-globally-by-2033-at-7-7-cagr-allied-market-research/2024/361942/">Solar Fuel Market to Reach $5.4 billion, Globally, by 2033 at 7.7% CAGR: Allied Market Research</a> appeared first on <a rel="nofollow" href="https://dailyindianews.com">Daily India News</a>.</p>
1821. ]]></description>
1822. <content:encoded><![CDATA[<p><em>The solar fuels market is expected to witness significant growth, driven by the need to reduce carbon emissions and shift towards renewable energy. Solar fuels offer a sustainable alternative to fossil fuels by converting solar energy into chemical energy. This technology is critical for energy storage and transportation, aiding in the global pursuit of a carbon-neutral future. Continued advancements in conversion efficiencies and catalytic systems are crucial for enhancing its commercial viability.</em></p>
1823. <p style="padding-left:0px;">Wilmington, Delaware, May 07, 2024 (GLOBE NEWSWIRE) &#8212; Allied Market Research published a report, titled, <b>&#8220;</b><b>Solar Fuel Market</b><b> by Type (Hydrogen, Ammonia, and Others), and Application (Power Generation, Transportation, and Others): Global Opportunity Analysis and Industry Forecast, 2024-2033&#8243;</b>. According to the report, the solar fuel market was valued at $2.6 billion in 2023 and is estimated to reach $5.4 billion by 2033, growing at a CAGR of 7.7% from 2024 to 2033. </p>
1824. <p style="padding-left:0px;"><b>Request Sample Report: </b> <b>https://www.alliedmarketresearch.com/request-sample/A323311</b> </p>
1825. <p align="justify" style="padding-left:0px;"><b>Prime determinants of solar fuel market growth</b> </p>
1826. <p align="justify" style="padding-left:0px;">The global solar fuel market is experiencing growth due to several factors such as escalating greenhouse gas emissions, advancements in solar energy technology, and growing investment in green hydrogen projects. However, the high technical cost and lack of widespread infrastructure hinder market growth. Moreover, the shift towards green hydrogen production will provide opportunities for expanding the solar fuel market. </p>
1827. <p align="justify" style="padding-left:0px;"><b>Report coverage &amp; details:</b></p>
1828. <table style="border-collapse: collapse; margin-right:0px; width:100%; border-collapse:collapse ;">
1829. <tr>
1830. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; "> <b>Report Coverage</b>  </td>
1831. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; "> <b>Details</b>  </td>
1832. </tr>
1833. <tr>
1834. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; "> Forecast Period  </td>
1835. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; "> 2024–2033  </td>
1836. </tr>
1837. <tr>
1838. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; "> Base Year  </td>
1839. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; "> 2023  </td>
1840. </tr>
1841. <tr>
1842. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; "> Market Size in 2023  </td>
1843. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; "> $2.6 billion  </td>
1844. </tr>
1845. <tr>
1846. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; "> Market Size in 2033  </td>
1847. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; "> $5.4 billion  </td>
1848. </tr>
1849. <tr>
1850. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; "> CAGR  </td>
1851. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; "> 7.7%  </td>
1852. </tr>
1853. <tr>
1854. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; "> No. of Pages in Report  </td>
1855. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; "> 290  </td>
1856. </tr>
1857. <tr>
1858. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; "> Segments Covered  </td>
1859. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; "> Type, Application, and Region  </td>
1860. </tr>
1861. <tr>
1862. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; "> Region Scope  </td>
1863. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; "> North America, Europe, Asia-Pacific, and LAMEA  </td>
1864. </tr>
1865. <tr>
1866. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; "> Country Scope  </td>
1867. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; "> U.S., Canada, Mexico; Germany; UK; France; Italy; Spain; China; Japan; India; South Korea; Australia; Brazil; Saudi Arabia; and South Africa.  </td>
1868. </tr>
1869. <tr>
1870. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; "> Drivers  </td>
1871. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; "> Increase in importance of sustainability  Advancements in solar energy technology  Growth in investments in green hydrogen projects  </td>
1872. </tr>
1873. <tr>
1874. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; "> Opportunity  </td>
1875. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; "> Shift towards green hydrogen production  </td>
1876. </tr>
1877. <tr>
1878. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; "> Restraint  </td>
1879. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; "> High initial investment costs  Lack of widespread infrastructure  </td>
1880. </tr>
1881. </table>
1882. <p><b>The hydrogen segment is expected to grow faster throughout the forecast period.</b> </p>
1883. <p align="justify" style="padding-left:0px;">By type, the hydrogen segment held the highest market share in 2023, accounting for more than three-fourths of the solar fuel market revenue. However, the hydrogen segment is projected to manifest the highest CAGR of 7.8% from 2024 to 2033. Hydrogen-type solar fuel is dominating and rapidly growing in the solar fuel market primarily due to its high energy density and versatility in applications such as transportation and power generation. Its compatibility with existing infrastructure and zero-emission profile when used make it a particularly attractive renewable energy option. </p>
1884. <p align="justify" style="padding-left:0px;"><b>The power generation segment is expected to grow faster throughout the forecast period.</b> </p>
1885. <p align="justify" style="padding-left:0px;">By application, the power generation segment held the highest market share in 2023, accounting for more than two-thirds of the solar fuel market revenue. However, the power generation is projected to manifest the highest CAGR of 7.8% from 2024 to 2033. Power generation applications dominate and are expected to grow rapidly in the solar fuels market due to their ability to provide a consistent, renewable energy source. Solar fuels integrate seamlessly into existing power grids, offering a reliable alternative to intermittent solar and wind sources, thereby enhancing energy security and sustainability. </p>
1886. <p style="padding-left:0px;"><b>Buy This Report (290 Pages PDF with Insights, Charts, Tables, and Figures) @</b> <b>https://bit.ly/3Qz9T7S</b> </p>
1887. <p align="justify" style="padding-left:0px;"><b>Europe is expected to dominate the market by 2033.</b> </p>
1888. <p align="justify" style="padding-left:0px;">By region, Europe held the highest market share in 2022, accounting for more than two-fifths of the solar fuel market revenue, and is estimated to dominate during the forecast period. However, Europe is projected to manifest the highest CAGR of 8.2% from 2024 to 2033. Europe leads and is expected to rapidly expand in the solar fuels market due to strong government policies supporting renewable energy, substantial investments in technology innovation, and a societal commitment to reducing carbon emissions. The region&#8217;s strategic focus on achieving energy independence and sustainability also significantly propels market growth. </p>
1889. <p style="padding-left:0px;"><b>Enquire Before Buying: </b><b>https://www.alliedmarketresearch.com/purchase-enquiry/A323311</b> </p>
1890. <p align="justify" style="padding-left:0px;"><b>Leading Market Players: &#8211;</b> </p>
1891. <ul>
1892. <li> Green Hydrogen Systems  </li>
1893. <li> Air Liquide  </li>
1894. <li> Adani Green Energy Ltd  </li>
1895. <li> Royal Dutch Shell  </li>
1896. <li> Plug Power Inc.  </li>
1897. <li> GAIL (India) Limited  </li>
1898. <li> Ballard Power Systems  </li>
1899. <li> NTPC Limited  </li>
1900. <li> Reliance Industries  </li>
1901. <li> Linde Plc </li>
1902. </ul>
1903. <p style="padding-left:0px;">The report provides a detailed analysis of these key players in the solar fuel market. These players have adopted different strategies such as new product launches, collaborations, expansion, joint ventures, agreements, and others to increase their market share and maintain dominant shares in different regions. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario. </p>
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1908. <p style="padding-left:0px;"><b>Water as a Fuel Market</b><b> </b>Analysis and Industry Forecast, 2023-2032 </p>
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1910. <p style="padding-left:0px;"><b>About Us</b>  </p>
1911. <p style="padding-left:0px;">Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of &#8220;<b>Market Resea</b><b>r</b><b>ch Reports</b>&#8221; and &#8220;Business Intelligence Solutions.&#8221; AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.  </p>
1912. <p style="padding-left:0px;">We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.</p>
1913. <p style="padding-left:0px;"><b>Contact Data</b> </p>
1914. <p style="padding-left:0px;"><b>David Correa</b> <br />1209 Orange Street, <br />Corporation Trust Center, <br />Wilmington, New Castle, <br />Delaware 19801 USA. <br />Int&#8217;l: +1-503-894-6022 <br />Toll Free: +1-800-792-5285 <br />Fax: +1-800-792-5285 <br />help@alliedmarketresearch.com </p>
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1917. <p><img src='https://ml.globenewswire.com/media/MWM2ZjhhYjUtMmY0NC00MWY0LThlY2EtNzY0ZDkzM2NhZjJjLTEwOTg1MDg=/tiny/Allied-Analytics-LLP.png' referrerpolicy='no-referrer-when-downgrade' />Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. DailyIndiaNews.com takes no editorial responsibility for the same.</p>
1918. <p>The post <a rel="nofollow" href="https://dailyindianews.com/solar-fuel-market-to-reach-5-4-billion-globally-by-2033-at-7-7-cagr-allied-market-research/2024/361942/">Solar Fuel Market to Reach $5.4 billion, Globally, by 2033 at 7.7% CAGR: Allied Market Research</a> appeared first on <a rel="nofollow" href="https://dailyindianews.com">Daily India News</a>.</p>
1919. ]]></content:encoded>
1923. </item>
1924. <item>
1925. <title>Carton Packaging Market Size to Worth USD 316.10 Bn by 2032</title>
1926. <link>https://dailyindianews.com/carton-packaging-market-size-to-worth-usd-316-10-bn-by-2032/2024/361945/</link>
1928. <dc:creator><![CDATA[GlobeNewswire]]></dc:creator>
1929. <pubDate>Tue, 07 May 2024 11:20:00 +0000</pubDate>
1930. <category><![CDATA[Brand Post]]></category>
1931. <guid isPermaLink="false">https://dailyindianews.com/carton-packaging-market-size-to-worth-usd-316-10-bn-by-2032</guid>
1932.  
1933. <description><![CDATA[<p>The global carton packaging market size is calculated at USD 200.58 billion in 2024 and is expected to be worth around USD 316.10 billion by 2032, growing at a CAGR of 5.8% from 2024 to 2032. Ottawa, May 07, 2024 (GLOBE NEWSWIRE) &#8212; The global carton packaging market size was valued at USD 190.31 billion [&#8230;]</p>
1934. <p>The post <a rel="nofollow" href="https://dailyindianews.com/carton-packaging-market-size-to-worth-usd-316-10-bn-by-2032/2024/361945/">Carton Packaging Market Size to Worth USD 316.10 Bn by 2032</a> appeared first on <a rel="nofollow" href="https://dailyindianews.com">Daily India News</a>.</p>
1935. ]]></description>
1936. <content:encoded><![CDATA[<p><em>The global carton packaging market size is calculated at USD 200.58 billion in 2024 and is expected to be worth around USD 316.10 billion by 2032, growing at a CAGR of 5.8% from 2024 to 2032.</em></p>
1937. <p>Ottawa, May 07, 2024 (GLOBE NEWSWIRE) &#8212; The global <strong>carton packaging market</strong> size was valued at USD 190.31 billion in 2023 and is predicted to hit around USD 297.64 billion by 2031, a study published by Towards Packaging a sister firm of Precedence Research.</p>
1938. <p align="center"><img loading="lazy" decoding="async" alt="" data-mce-src="/api/ImageRender/DownloadFile?resourceId=62fed869-7fb6-4a8b-af2d-7739bd7363f0&amp;size=3" height="334" name="GNW_RichHtml_IMG" src="https://ml.globenewswire.com/Resource/Download/62fed869-7fb6-4a8b-af2d-7739bd7363f0/image1.png" width="625" /></p>
1939. <p><strong>Report Highlights: Important Revelations</strong></p>
1940. <ul type="disc">
1941. <li style="margin-bottom:8pt;">Investigating the factors propelling Asia Pacific&#8217;s dominance in the carton industry.</li>
1942. <li style="margin-bottom:8pt;">Examining the expansion of carton packaging in North America.</li>
1943. <li style="margin-bottom:8pt;">Revolutionizing carton packaging unleashing versatility through paper and paperboard.</li>
1944. <li style="margin-bottom:8pt;">Strength of folding carton packaging ensuring structural stability.</li>
1945. </ul>
1946. <p align="justify"><strong>For the short version of this report @ </strong><strong>https://www.towardspackaging.com/personalized-scope/5154</strong></p>
1947. <p>The carton <strong>packaging sector has significance</strong> to many sectors because it provides flexible, sustainable, and cost-effective different packaging options. Carton packing is the use of cardboard or paperboard to make containers, cartons, and other forms of packaging. This market comprises a wide range of items, including corrugated boxes, folding cartons, and liquid packaging cartons, and serves sectors such as food and beverage, pharmaceuticals, cosmetics, and consumer goods.</p>
1948. <p>The growing need for <strong>recyclable packaging is a major driver</strong> of the carton packaging industry. Cartons are mostly manufactured from renewable materials like paper and cardboard, making them more recyclable and biodegradable than <strong>plastic packaging</strong>. As environmental concerns increase and consumption of plastic rules increase, businesses are increasingly resorting to carton packaging to fulfil sustainability objectives and consumer preferences.</p>
1949. <p>Carton packaging has exceptional printing potentials, enabling companies to increase product exposure and communicate important data more effectively. With developments in printing technology, producers can create colourful and eye-catching designs that help to increase awareness of the company and customer appeal.</p>
1950. <p><strong>If you have any questions, please feel free to contact us at </strong><strong>sales@towardspackaging.com</strong></p>
1951. <p>The food and beverage industry occupies a significant share of the carton packaging market, driven by the demand for safe and convenient packaging solutions. <strong>Liquid packaging</strong> cartons are frequently used for products such as milk, juice, and other beverages because of their ability to maintain freshness and lengthen shelf life.</p>
1952. <p>The growth of e-commerce has increased demand for carton packing as it&#8217;s necessary for online sellers to have strong, safe packaging options to guarantee that their products deliver undamaged. due to their strength and ability to withstand handling and transportation, corrugated boxes are extremely prominent in this market.</p>
1953. <p>Innovation, sustainability, and flexibility to shifting marketplace dynamics describe the carton packaging industry. Carton packaging is expected to keep expanding across a range of sectors as long as companies continue to place a high priority on consumer convenience and environmental sustainability.</p>
1954. <p><strong>Customize this study as per your requirement @ </strong><strong>https://www.towardspackaging.com/customization/5154</strong></p>
1955. <p><strong>For Instance,</strong></p>
1956. <ul type="disc">
1957. <li style="margin-bottom:8pt;"><strong>In July 2023, the private equity firm Waterland&#8217;s portfolio company, Carton Group, a prominent player in the packaging sector, has agreed to buy the running operations of Europoligrafico.</strong></li>
1958. </ul>
1959. <p><strong>Carton Packaging Market Trends</strong></p>
1960. <ul type="disc">
1961. <li style="margin-bottom:8pt;">Lightweighting and decreasing sources are important tactics used in the carton packaging business to maximise material efficiency and decrease packaging waste.</li>
1962. <li style="margin-bottom:8pt;">Carton packaging is increasingly being built with recycling and circularity in mind. Manufacturers are embracing designs that make it simple to recycle and recover materials, such as individual elements and mono-material constructions.</li>
1963. <li style="margin-bottom:8pt;">Digital printing technologies are transforming carton packaging by allowing for high-quality, customisable patterns and shorter manufacturing runs.</li>
1964. <li style="margin-bottom:8pt;">Smart packaging technologies are rapidly being used into carton packaging to improve functionality, interaction, and customer engagement.</li>
1965. </ul>
1966. <p><strong>Exploring the Driving Forces Behind Asia Pacific&#8217;s Carton Industry Dominance</strong></p>
1967. <p align="center"><img decoding="async" alt="" data-mce-src="/api/ImageRender/DownloadFile?resourceId=a9d4c0c8-f3e4-49a8-be80-43a6336f5f37&amp;size=3" height="335.19px" name="GNW_RichHtml_IMG" src="https://ml.globenewswire.com/Resource/Download/a9d4c0c8-f3e4-49a8-be80-43a6336f5f37/image2.jpg" width="595.89px" /></p>
1968. <p>The Asia Pacific region has been leading the carton packaging industry for some years, thanks to a wide range of significant factors. The region&#8217;s strong economic expansion, specifically in China, India, Japan, and South Korea, has culminated in an increase in consumer demand for packaged products across a wide range of businesses. This growing consumption has inevitably raised the demand for efficient and <strong>sustainable packaging solutions</strong>, with carton packaging remaining the encouraged choice due to its versatility and sustainability.</p>
1969. <p align="center"><img decoding="async" alt="" data-mce-src="/api/ImageRender/DownloadFile?resourceId=4db85b35-ec8e-424b-81ba-9856f7df3816&amp;size=3" height="326.29px" name="GNW_RichHtml_IMG" src="https://ml.globenewswire.com/Resource/Download/4db85b35-ec8e-424b-81ba-9856f7df3816/image3.png" width="607.54px" /></p>
1970. <p>Asia leads regional paper and paperboard manufacturing, with the highest global percentage. The presence of production capability in Asia considerably stimulates the expansion of the carton packaging industry by offering sufficient raw materials for carton manufacture. The region&#8217;s strong paper and paperboard manufacturing infrastructure enables efficient and cost-effective carton packaging production, which drives market growth. Rapid urbanisation and changing lifestyles in many Asia Pacific regions have culminated in an increase towards convenience-oriented items, increasing demand for packaged goods.  Carton packaging, which provides simplicity, portability, and ease of use, has gained widespread acceptance in a range of products, including food and drinks, personal care items, and pharmaceuticals.</p>
1971. <p>The Asia Pacific region has an effective manufacturing infrastructure, with many major carton packaging companies developing factories in strategic locations. This regional production significantly lowers shipping costs, but it also provides companies to adapt their packaging solutions depending on the special demands and preferences of local markets.</p>
1972. <p>Increased awareness of environmental sustainability has ended up in a rise in demand for <strong>eco-friendly packaging materials in the Asia Pacific region</strong>. Carton packaging, which is recyclable and biodegradable, connects strongly with these environmental goals, encouraging acceptance and market share growth. The Asia Pacific region has emerged as a major force in the carton packaging industry, because of a combination of economic development, shifting consumer tastes, strong manufacturing capabilities, and environmental issues, with its market share frequently increasing.</p>
1973. <p><strong>For Instance,</strong></p>
1974. <ul type="disc">
1975. <li style="margin-bottom:8pt;"><strong>In January 2022, Evergreen Asia, a company that SIG has agreed to buy, will include Pactiv Evergreen&#8217;s carton packaging and filling machines operations in China, Korea, and Taiwan.</strong></li>
1976. </ul>
1977. <p>The carton packaging industry is primarily driven by North America, which has seen a major growth in market share due to a variety of causes. Strong consumer demand and the region&#8217;s economy have provided environment suitable for the development of the packaging market. a combination of its adaptability and eco-friendliness, carton packaging has grown into widely utilised as individuals demand convenience and sustainability steadily increasing. North American carton packaging producers are able to offer creative, tailored solutions that fit the changing demands of multiple industries owing to advancements in printing and packing technology.</p>
1978. <p>The region&#8217;s growing market share is primarily contributed towards its ability for offering customised packaging solutions. The rise of e-commerce and direct-to-consumer channels has propelled the demand for protective and visually appealing packaging in North America. Carton packaging, particularly corrugated boxes, is well-suited for shipping and handling requirements, further driving its adoption in the region.</p>
1979. <p>The demand for recyclable and biodegradable packaging materials, such as cartons, has increased in North America due to increased awareness of environmental sustainability and government initiatives targeted at decreasing plastic consumption. North America&#8217;s expanding market share in the carton packaging sector may be attributed to several of factors, including its strategic positioning, technical improvements, growing consumer preferences, and environmental goals.</p>
1980. <p><strong>For Instance,</strong></p>
1981. <ul type="disc">
1982. <li style="margin-bottom:8pt;"><strong>In January 2024, SupplyOne, Inc.—the most significant independent provider of corrugated and other value-added packaging goods, machinery, and services in the US announced the acquisition of Crownhill Packaging, a North American packaging distributor with its main office located in Toronto, Ontario, Canada.</strong></li>
1983. </ul>
1984. <p><strong>Carton Packaging Market, DRO</strong></p>
1985. <p><strong>Demand:</strong></p>
1986. <ul type="disc">
1987. <li style="margin-bottom:8pt;">Carton packing is valuable because of its capacity to safeguard the enclosed contents. Carton packing protects food, electronics and cosmetics from harm during shipping, handling and storage, preserving their integrity and quality after they reach customers.</li>
1988. </ul>
1989. <p><strong>Restraint:</strong></p>
1990. <ul type="disc">
1991. <li style="margin-bottom:8pt;">Raw material price fluctuations, particularly for paperboard and pulp, may exert an effect on carton packaging production costs.</li>
1992. </ul>
1993. <p><strong>Opportunity:</strong></p>
1994. <ul type="disc">
1995. <li style="margin-bottom:8pt;">Innovations in box appearance and function offer significant possibilities for differentiation and value-added offers.</li>
1996. </ul>
1997. <p><strong>Carton Packaging Reinvented Unlocking Versatility with Paper and Paperboard</strong></p>
1998. <p>Paper and paperboard serve as primary materials for carton packaging because of their versatility, sustainability, and cost-effectiveness. Paperboard, a larger and stronger form of paper, is often used in carton packaging to offer structural support and protection to packaged products. Excellent printability is offered by paper and paperboard, allowing producers to brand and develop attractive designs for carton packaging. This makes them perfect for increasing product visibility and marketing campaigns.</p>
1999. <p align="center"><img decoding="async" alt="" data-mce-src="/api/ImageRender/DownloadFile?resourceId=5a8bcf1e-9387-4701-8415-e36980b1a17a&amp;size=3" height="319.65px" name="GNW_RichHtml_IMG" src="https://ml.globenewswire.com/Resource/Download/5a8bcf1e-9387-4701-8415-e36980b1a17a/image4.png" width="595.16px" /></p>
2000. <p>The pulp and paper manufacturing business has a substantial influence on the expanding need for carton packaging throughout Asia Pacific, notably in India. As one of the world&#8217;s top users of paper and paperboard materials, India&#8217;s pulp and paper manufacturing business is critical to supplying the region&#8217;s growing need for carton packaging. Paper and paperboard are renewable and recyclable commodities that meet increasing demands for sustainable packaging solutions. Carton packaging made up of paper and paperboard is readily recyclable and reusable, helping to conserve the environment and reduce the carbon impact.</p>
2001. <p>Paper and paperboard carton packaging can often be adapted to meet specific needs, including size, shape, and strength, making it fitting for a broad range of industries and applications. most of the food and beverages industry, pharmaceuticals and consumer goods, carton packaging consisted of paper and paperboard fulfils a wide range of packaging demands while ensuring product integrity and safety.</p>
2002. <p>Paper and paperboard play an important part in carton packaging, providing a useful, sustainable, and visually appealing solution that fits the needs of modern packaging.</p>
2003. <p><strong>For Instance,</strong></p>
2004. <ul type="disc">
2005. <li style="margin-bottom:8pt;"><strong>In January 2024, Ansa Folding Carton bought a strategic share in Rich Printers Private Limited (RPL) for Rs 117 crore. With the deal, the merged firm has acquired five paper transformation production factories in India, enabling it to become one of the largest pharmaceutical folding carton producers in the nation.</strong></li>
2006. </ul>
2007. <p>The food and beverages industry has rapidly integrated carton packaging solutions, which has contributed considerably to the carton packaging market&#8217;s growth. Carton packaging provides several benefits to food and beverage items, including protection, convenience, and sustainability. Cartons provide great protection against external influences such as moisture, light, and air, ensuring that packed items remain fresh and high-quality. This is especially important for perishable foods like dairy products, juices, and ready-made meals. Carton packing is lightweight and easy to handle, making it convenient for both producers and customers to transport, store, and use.</p>
2008. <p>The food and beverage industry&#8217;s increased emphasis on sustainability complements carton packaging, which is generally constructed of renewable and recyclable materials. Consumers are increasingly looking for eco-friendly packaging solutions, and cartons satisfy this desire by minimising environmental effect and encouraging recycling. With the food and beverage industry being one of the main consumers of packaging materials, its incorporation of carton packaging solutions has contributed significantly to the growth of the carton packaging market. As this tendency continues, carton packaging is projected to be an important part of the food and beverage industry&#8217;s packaging strategy, accelerating market growth.</p>
2009. <p><strong>For Instance,</strong></p>
2010. <ul type="disc">
2011. <li style="margin-bottom:8pt;"><strong>In April 2022, Tetra Pak and Top Beverage Brands Collaborated to Introduce the First Tethered Caps on Carton Packages in History</strong>
2012. </li>
2013. </ul>
2014. <p><strong>Structural Stability Behind Folding Carton Packaging</strong></p>
2015. <p>Folding cartons are used as exterior containers for items and are often made of paperboard that resembles thick cardboard. They go through several processes, including printing, laminating, die-cutting, folding, and glueing. These cartons are versatile in design, since they come in a variety of shapes and sizes and may be printed on a variety of substrates. By 2026, the worldwide folding carton packaging industry is expected to be worth more than $160 billion. Paperboard is used as the principal material for folding cartons, giving structural stability. They are typically made of single-ply paperboard with a thickness varying from 14 to 24 points. The size of the carton and the weight of the contents it is designed to carry typically determine the thickness of the paperboard used.</p>
2016. <p><img decoding="async" alt="" data-mce-src="/api/ImageRender/DownloadFile?resourceId=6c644db2-6a16-4325-940e-4bac94d8f5c1&amp;size=3" data-mce-style="display: block; margin-left: auto; margin-right: auto;" height="333.95px" name="GNW_RichHtml_IMG" src="https://ml.globenewswire.com/Resource/Download/6c644db2-6a16-4325-940e-4bac94d8f5c1/image5.png" style="display:block; margin-left:auto; margin-right:auto;" width="621.8px" /></p>
2017. <p>Folding cartons are having a big impact on regional carton packaging market growth because to its versatility, customisation, and cost-effectiveness. Their versatility in design and adequacy for a variety of sectors has resulted in growing global adoption. Folding cartons provide a significant role in the packaging company, offering customised solutions that fulfil an extensive variety of product packaging demands. The flexibility in structure, along with the durability of paperboard, provides the safety and integrity of packed items. As customer preferences change and sustainability becomes an issue, folding cartons remain a popular choice due to their low impact on the environment. The folding carton market&#8217;s expected development underlines its importance and ongoing relevance in the packaging industry.</p>
2018. <p><strong>For Instance,</strong></p>
2019. <ul type="disc">
2020. <li style="margin-bottom:8pt;"><strong>In February 2023, Mill Rock Packaging Partners LLC, a specialised packaging growth platform and Mill Rock Capital portfolio business, has announced the purchase of Keystone Paper &amp; Box business, a prominent specialty packaging firm that manufactures bespoke folding cartons.</strong></li>
2021. </ul>
2022. <p><strong>Key Players and Competitive Dynamics in the Carton Packaging Market</strong></p>
2023. <p>The competitive landscape of the carton packaging market is dominated by established industry giants such as American Carton Company, Amcor PLC, Belmark Inc., Bell Incorporated, Chaitanya Packaging Pvt. Ltd., DS Smith PLC, Edelmann GmbH, Essentra PLC, Fortune Industries, Georgia-Pacific LLC by Koch Industries, Inc., Graphic Packaging Holding Company, Huhtamaki Oyj, International Paper, KCL Limited, Mill Rock Capital, MM Packaging GmbH, Mondi PLC, Oji Holdings Corporation, Packman Packaging Private Limited, Pactiv Evergreen Inc., Parksons Packaging Ltd., Rengo Co. Ltd., Seaboard Folding Box Company Inc. These giants compete with upstart direct-to-consumer firms that use digital platforms to gain market share. Key competitive characteristics include product innovation, sustainable practices, and the ability to respond to changing consumer tastes.</p>
2024. <p>American Carton Company Focuses on customisation and client-centric solutions, providing custom carton packaging designs to match unique customer requirements. Emphasises quality and dependability in its packaging solutions.</p>
2025. <p><strong>For Instance,</strong></p>
2026. <ul type="disc">
2027. <li style="margin-bottom:8pt;"><strong>In May 2021, Graphic Packaging Holding Company, a major global developer of sustainable fiber-based packaging solutions, has announced its intention to buy Americraft Carton, one of North America&#8217;s biggest privately held paperboard folding carton manufacturers.</strong></li>
2028. </ul>
2029. <p>Amcor PLC Implements a diverse approach, providing a wide range of carton packaging solutions to industries like food and beverage, healthcare, and consumer products. To maintain competitiveness, the company invests in innovation and environmental projects.</p>
2030. <p><strong>For Instance,</strong></p>
2031. <ul type="disc">
2032. <li style="margin-bottom:8pt;"><strong>In August 2023, Amcor has announced the acquisition of Phoenix Flexibles, which will boost its capacity in the high-growth Indian sector.</strong></li>
2033. </ul>
2034. <p>Belmark Inc specialises in high-quality printing and finishing processes for carton packaging, offering visually attractive and luxury packaging options. Focuses on branding and product differentiation through creative packaging design.</p>
2035. <p><strong>For Instance,</strong></p>
2036. <ul type="disc">
2037. <li style="margin-bottom:8pt;"><strong>In January 2024, Kentucky Governor Andy Beshear emphasised the state&#8217;s manufacturing sector&#8217;s continued growth as Belmark Inc., a manufacturer of printed pressure sensitive labels, flexible packaging, and folding cartons, opened a new facility in Allen County with a nearly $99 million investment, creating 159 well-paying Kentucky jobs.</strong></li>
2038. </ul>
2039. <p>Bell Incorporated distinguishes itself by concentrating on environmentally friendly packaging solutions that use sustainable materials and manufacturing techniques. Provides experience in designing and producing recyclable and biodegradable carton packaging choices that fulfil environmental regulations and consumer demands.</p>
2040. <p><strong>For Instance,</strong></p>
2041. <ul type="disc">
2042. <li style="margin-bottom:8pt;"><strong>In August 2023, Graphic Packaging of Atlanta, Georgia, announced the signing of a formal deal to buy Bell Incorporated of Sioux Falls, North Dakota, one of the major folding carton producers in the United States.</strong></li>
2043. </ul>
2044. <p><strong>Carton Packaging Market Player</strong></p>
2045. <p>Carton packaging leading market players are American Carton Company, Amcor PLC, Belmark Inc., Bell Incorporated, Chaitanya Packaging Pvt. Ltd., DS Smith PLC, Edelmann GmbH, Essentra PLC, Fortune Industries, Georgia-Pacific LLC by Koch Industries, Inc., Graphic Packaging Holding Company, Huhtamaki Oyj, International Paper, KCL Limited, Mill Rock Capital, MM Packaging GmbH, Mondi PLC, Oji Holdings Corporation, Packman Packaging Private Limited, Pactiv Evergreen Inc., Parksons Packaging Ltd., Rengo Co. Ltd., Seaboard Folding Box Company Inc.</p>
2046. <p><strong>Browse More Insights of Towards Packaging:</strong></p>
2047. <ul type="disc">
2048. <li style="margin-bottom:8pt;">The global <strong>connected packaging market</strong> size predicted to climb from USD 42.89 billion in 2022 to hit a presumed USD 74.30 billion by 2032, escalating at a 5.7% CAGR between 2023 and 2032.</li>
2049. <li style="margin-bottom:8pt;">The global <strong>bulk container packaging market</strong> size is estimated to grow from USD 3.70 billion in 2022 to reach an estimated USD 9.31 billion by 2032, growing at a 9.7% CAGR between 2023 and 2032.</li>
2050. <li style="margin-bottom:8pt;">The global <strong>contract packaging market</strong> size is speculated to escalate from USD 76.84 billion in 2022 to reach a conjectured USD 168.22 billion by 2032, broadening at a 8.2% CAGR between 2023 and 2032.</li>
2051. <li style="margin-bottom:8pt;">The global <strong>returnable glass bottle market</strong> size calculated to go up from USD 5.24 billion in 2022 to accomplish a supposed USD 9.35 billion by 2032, enlarging at a 6% CAGR between 2023 and 2032.</li>
2052. <li style="margin-bottom:8pt;">The global <strong>pharmaceutical contract packaging market</strong> size forecasted to expand from USD 14.21 billion in 2022 to achieve an approximation USD 36.11 billion by 2032, escalating at a 9.8% CAGR between 2023 and 2032.</li>
2053. <li style="margin-bottom:8pt;">The global <strong>polyethylene films market</strong> size forecasted to expand from USD 90.19 billion in 2022 to accomplish a supposed USD 139.98 billion by 2032, increasing at 4.5% CAGR between 2023 and 2032.</li>
2054. <li style="margin-bottom:8pt;">The global <strong>coffee bags market</strong> size speculated to escalate from USD 591.70 million in 2022 to realize an expected USD 1,015.47 million by 2032, multiplying at 5.6% CAGR between 2023 and 2032.</li>
2055. <li style="margin-bottom:8pt;">The global <strong>pharmaceutical glass packaging market</strong> size envisaged to surge from USD 18.12 billion in 2022 to acquire an anticipated USD 41.92 billion by 2032, advancing at 8.8% CAGR between 2023 and 2032.</li>
2056. <li style="margin-bottom:8pt;">The global <strong>confectionery packaging market</strong> size envisioned to advance from USD 10.34 billion in 2022 to secure an forecasted USD 14.65 billion by 2032, flourishing at a 3.6% CAGR between 2023 and 2032.</li>
2057. <li style="margin-bottom:8pt;">The global <strong>pharmaceutical packaging equipment market</strong> size is estimated to climb from USD 7.76 billion in 2022 to calculate USD 15.92 billion by 2032, thriving at a 7.5% CAGR between 2023 and 2032.</li>
2058. </ul>
2059. <p><strong>Market Segments</strong></p>
2060. <p><strong>By Material</strong></p>
2061. <ul type="disc">
2062. <li style="margin-bottom:8pt;">Paper &amp; Paperboard</li>
2063. <li style="margin-bottom:8pt;">Plastic</li>
2064. <li style="margin-bottom:8pt;">Biopolymers</li>
2065. </ul>
2066. <p><strong>By Product Types</strong></p>
2067. <ul type="disc">
2068. <li style="margin-bottom:8pt;">Folding Cartons</li>
2069. <li style="margin-bottom:8pt;">Rigid Cartons</li>
2070. <li style="margin-bottom:8pt;">Liquid Cartons</li>
2071. </ul>
2072. <p><strong>By End User</strong></p>
2073. <ul type="disc">
2074. <li style="margin-bottom:8pt;">Food and Beverage</li>
2075. <li style="margin-bottom:8pt;">Healthcare &amp; Pharmaceutical</li>
2076. <li style="margin-bottom:8pt;">Personal care &amp; Cosmetics</li>
2077. <li style="margin-bottom:8pt;">Household</li>
2078. <li style="margin-bottom:8pt;">Industrial</li>
2079. <li style="margin-bottom:8pt;">Others</li>
2080. </ul>
2081. <p><strong>By Region</strong></p>
2082. <ul type="disc">
2083. <li style="margin-bottom:8pt;">Asia Pacific</li>
2084. <li style="margin-bottom:8pt;">North America</li>
2085. <li style="margin-bottom:8pt;">Europe</li>
2086. <li style="margin-bottom:8pt;">LAMEA</li>
2087. </ul>
2088. <p><strong>Own your copy of our reach study and stay informed: </strong><strong>https://www.towardspackaging.com/price/5154</strong></p>
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2090. <p><strong>If you have any questions, please feel free to contact us at </strong><strong>sales@towardspackaging.com</strong></p>
2091. <p><strong>About Us</strong></p>
2092. <p>Towards Packaging is a leading global consulting firm specializing in providing comprehensive and strategic research solutions. With a highly skilled and experienced consultant team, we offer a wide range of services designed to empower businesses with valuable insights and actionable recommendations. We stay abreast of the latest industry trends and emerging markets to provide our clients with an unrivalled understanding of their respective sectors. We adhere to rigorous research methodologies, combining primary and secondary research to ensure accuracy and reliability. Our data-driven approach and advanced analytics enable us to unearth actionable insights and make informed recommendations. We are committed to delivering excellence in all our endeavours. Our dedication to quality and continuous improvement has earned us the trust and loyalty of clients worldwide.</p>
2093. <p><strong>Browse our Brand-New Journal:</strong></p>
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2100. <p>The post <a rel="nofollow" href="https://dailyindianews.com/carton-packaging-market-size-to-worth-usd-316-10-bn-by-2032/2024/361945/">Carton Packaging Market Size to Worth USD 316.10 Bn by 2032</a> appeared first on <a rel="nofollow" href="https://dailyindianews.com">Daily India News</a>.</p>
2101. ]]></content:encoded>
2105. </item>
2106. <item>
2107. <title>Riyadh Office Market Gears Up: Rising Demand Drives 10% Oversupply Absorption by 2023 (2019-2023): Ken Research</title>
2108. <link>https://dailyindianews.com/riyadh-office-market-gears-up-rising-demand-drives-10-oversupply-absorption-by-2023-2019-2023-ken-research/2024/361946/</link>
2110. <dc:creator><![CDATA[GlobeNewswire]]></dc:creator>
2111. <pubDate>Tue, 07 May 2024 11:17:00 +0000</pubDate>
2112. <category><![CDATA[Brand Post]]></category>
2113. <guid isPermaLink="false">https://dailyindianews.com/riyadh-office-market-gears-up-rising-demand-drives-10-oversupply-absorption-by-2023-2019-2023-ken-research</guid>
2114.  
2115. <description><![CDATA[<p>Riyadh office market is shifting gears. Oversupply is shrinking as demand for premium spaces rises. Infrastructure fuels growth in the north, while lower costs attract development in the east. Investors, developers, and businesses can leverage this report to navigate the evolving market. Gurugram, India, May 07, 2024 (GLOBE NEWSWIRE) &#8212; The office market in Riyadh, [&#8230;]</p>
2116. <p>The post <a rel="nofollow" href="https://dailyindianews.com/riyadh-office-market-gears-up-rising-demand-drives-10-oversupply-absorption-by-2023-2019-2023-ken-research/2024/361946/">Riyadh Office Market Gears Up: Rising Demand Drives 10% Oversupply Absorption by 2023 (2019-2023): Ken Research</a> appeared first on <a rel="nofollow" href="https://dailyindianews.com">Daily India News</a>.</p>
2117. ]]></description>
2118. <content:encoded><![CDATA[<p><em>Riyadh office market is shifting gears. Oversupply is shrinking as demand for premium spaces rises. Infrastructure fuels growth in the north, while lower costs attract development in the east. Investors, developers, and businesses can leverage this report to navigate the evolving market.</em></p>
2119. <p align="justify">Gurugram, India, May 07, 2024 (GLOBE NEWSWIRE) &#8212; The office market in Riyadh, Saudi Arabia, is shifting gears. While a period of softening was observed in 2017, recent trends indicate a positive trajectory. Ken Research&#8217;s insightful report, <strong><u><u>Riyadh Office Market</u></u> Outlook to 2023 – Improving Oversupply Environment Driven by Rise in Demand for Premium Office Space and Upcoming Completion of Smart City and Office Projects</strong>, delves into this dynamic landscape. This press release summarizes the key findings and offers valuable insights for investors, developers, and businesses seeking to navigate the evolving Riyadh office market. </p>
2120. <p align="justify"><strong>Oversupply Absorption on the Horizon:</strong> </p>
2121. <p align="justify">While a 10% oversupply of office space was projected for 2023, the report highlights positive signs of absorption. Strategic development strategies and a growing demand for premium office space are expected to bridge this gap by the projected timeframe. </p>
2122. <p align="justify"><strong>Interested to Know More about this Report, </strong><strong><u>Request a Free Sample Report</u></strong></p>
2123. <p align="justify"><strong>Stat-Based Headings:</strong> </p>
2124. <ul type="disc">
2125. <li style="margin-top:0in; margin-bottom:8pt; text-align:justify;"><strong>10% Oversupply Absorption on the Horizon:</strong> This data-driven headline emphasizes the shrinking gap between supply and demand within the Riyadh office market. </li>
2126. <li style="margin-top:0in; margin-bottom:8pt; text-align:justify;"><strong>Premium Spaces in High Demand: A Shift in Tenant Preferences:</strong> Highlights the growing preference for high-quality office environments among tenants. </li>
2127. <li style="margin-top:0in; margin-bottom:8pt; text-align:justify;"><strong>Northern Expansion: Infrastructure Fuels Growth:</strong> Focuses on the northward infrastructure development and its positive impact on office space absorption. </li>
2128. <li style="margin-top:0in; margin-bottom:8pt; text-align:justify;"><strong>Eastern Promise: Lower Costs Attract New Development:</strong> Emphasizes the potential of the eastern region for new office space development due to its cost competitiveness. </li>
2129. <li style="margin-top:0in; margin-bottom:8pt; text-align:justify;"><strong>Government Initiatives Drive Market Growth:</strong> Highlights the role of government initiatives in fostering a positive environment for the Riyadh office market. </li>
2130. <li style="margin-top:0in; margin-bottom:8pt; text-align:justify;"><strong>International Companies Fuel Demand:</strong> Shines a light on the increasing presence of international companies and its impact on office space requirements. </li>
2131. <li style="margin-top:0in; margin-bottom:8pt; text-align:justify;"><strong>Women in the Workforce: A Growing Market Segment:</strong> Emphasizes the expanding role of women in the workforce and its influence on office space demand. </li>
2132. <li style="margin-top:0in; margin-bottom:8pt; text-align:justify;"><strong>Smart City Projects: Shaping the Future of Work:</strong> Focuses on the impact of smart city projects on the evolution of office spaces and working environments. </li>
2133. </ul>
2134. <p align="justify"><strong>Premium Spaces in High Demand:</strong> </p>
2135. <p align="justify">A significant shift in tenant preferences is driving demand for premium office space. Tenants are increasingly seeking modern, well-equipped offices that offer a range of amenities and foster a collaborative work environment. This trend presents a lucrative opportunity for developers who cater to this evolving demand. </p>
2136. <p align="justify"><strong>Visit this Link :- </strong><strong><u>Request for custom report</u></strong></p>
2137. <p align="justify"><strong>Northern Expansion: Infrastructure Fuels Growth:</strong> </p>
2138. <p align="justify">Infrastructure development trends in the north of Riyadh are creating opportunities for office space absorption. These areas boast better infrastructure, higher sale prices, and a growing number of high-profile projects, making them attractive locations for businesses. </p>
2139. <p align="justify"><strong>Eastern Promise: Lower Costs Attract New Development:</strong> </p>
2140. <p align="justify">The eastern region of Riyadh offers lower sale prices compared to the north and central areas. This cost-effectiveness is attracting new office space developments, catering to businesses seeking budget-friendly solutions without compromising on quality. </p>
2141. <p align="justify"><strong>Government Initiatives Drive Market Growth:</strong> </p>
2142. <p align="justify">Strong government initiatives are playing a crucial role in shaping the future of the Riyadh office market. These initiatives create a favorable business environment, attracting new companies and fostering economic development – factors that stimulate demand for office space. </p>
2143. <p align="justify"><strong>Future Outlook:</strong> </p>
2144. <p align="justify">The Riyadh office market is poised for exciting developments in the coming years: </p>
2145. <ul type="disc">
2146. <li style="margin-top:0in; margin-bottom:8pt; text-align:justify;"><strong>International Companies Fuel Demand:</strong> The influx of international companies into Riyadh is expected to further drive demand for modern and high-quality office space. </li>
2147. <li style="margin-top:0in; margin-bottom:8pt; text-align:justify;"><strong>Women in the Workforce: A Growing Market Segment:</strong> The increasing participation of women in the workforce will contribute to the demand for office space, potentially shaping the design and amenities offered in office buildings. </li>
2148. <li style="margin-top:0in; margin-bottom:8pt; text-align:justify;"><strong>Smart City Projects: Shaping the Future of Work:</strong> The completion of smart city projects will introduce innovative office spaces that integrate cutting-edge technology and promote sustainable practices. This will redefine the concept of office environments, catering to the evolving needs of businesses in the future. </li>
2149. </ul>
2150. <p align="justify"><strong>Challenges and Opportunities:</strong> </p>
2151. <p align="justify">The market also faces some challenges that require attention: </p>
2152. <ul type="disc">
2153. <li style="margin-top:0in; margin-bottom:8pt; text-align:justify;"><strong>Managing Existing Oversupply:</strong> While absorption is on the rise, efficient management of existing office space remains crucial. Finding new tenants and maximizing occupancy rates will be essential. </li>
2154. <li style="margin-top:0in; margin-bottom:8pt; text-align:justify;"><strong>Ensuring Sustainability:</strong> Promoting the development and adoption of sustainable office spaces will be important to attract environmentally conscious businesses and comply with evolving regulations. </li>
2155. </ul>
2156. <p align="justify"><strong>Why This Report Matters:</strong> </p>
2157. <p align="justify">This report empowers various stakeholders to leverage the opportunities within the Riyadh office market: </p>
2158. <ul type="disc">
2159. <li style="margin-top:0in; margin-bottom:8pt; text-align:justify;"><strong>Investors:</strong> Gain insights into market trends, identify lucrative investment opportunities, and make informed decisions about office space development projects. </li>
2160. <li style="margin-top:0in; margin-bottom:8pt; text-align:justify;"><strong>Developers:</strong> Understand tenant preferences, prioritize the development of premium office spaces, and cater to the evolving needs of the market. </li>
2161. <li style="margin-top:0in; margin-bottom:8pt; text-align:justify;"><strong>Businesses Seeking Office Space:</strong> Identify the most suitable locations and office types based on budget, size requirements, and desired amenities. </li>
2162. </ul>
2163. <p align="justify"><strong><u>Request free 30 minutes analyst call</u></strong></p>
2164. <p align="justify"><strong>Building a Thriving Office Hub:</strong> </p>
2165. <p align="justify">By leveraging the insights and opportunities outlined in this report, stakeholders can contribute to building a vibrant and dynamic office market in Riyadh. This will cater to the evolving needs of businesses, attract talent, and support the city&#8217;s economic growth for years to come.  </p>
2166. <p align="justify"><strong>About Ken Research:</strong> </p>
2167. <p align="justify">Ken Research is a leading provider of market research and consulting services, offering in-depth analysis and insights across various industries. With a global network of experts and a commitment to quality research, Ken Research helps businesses make informed decisions and achieve their strategic goals.</p>
2168. <p align="justify"><strong>Taxonomy</strong></p>
2169. <p align="justify"><strong>Riyadh Office Market Segmentation</strong></p>
2170. <p align="justify"><strong>By Type of Office Stock</strong></p>
2171. <ul>
2172. <li>Premium</li>
2173. <li>Grade-A</li>
2174. <li>Grade-B+</li>
2175. <li>Grade-B</li>
2176. </ul>
2177. <p align="justify"><strong>By Rent</strong></p>
2178. <ul>
2179. <li>Premium</li>
2180. <li>Grade-A</li>
2181. <li>Grade-B+</li>
2182. <li>Grade-B</li>
2183. </ul>
2184. <p align="justify"><strong>Riyadh East</strong></p>
2185. <ul>
2186. <li>Eastern Ring Road</li>
2187. <li>Khurais Road</li>
2188. <li>Saeed Ibn Zaid Road</li>
2189. <li>Khalid Bin Waleed Road</li>
2190. <li>King Abdullah Road</li>
2191. <li>Imam Saud bin Abdul Aziz Road</li>
2192. <li>Prince Bandar Bin Abdulaziz</li>
2193. </ul>
2194. <p align="justify"><strong>Riyadh West</strong></p>
2195. <ul>
2196. <li>Western Ring Road</li>
2197. <li>Taif Street</li>
2198. <li>Medina Road</li>
2199. <li>Prince Mashal Bin Abdul Aziz Road</li>
2200. </ul>
2201. <p align="justify"><strong>Riyadh North</strong></p>
2202. <ul>
2203. <li>King Fahd Road</li>
2204. <li>Northern Ring Road</li>
2205. <li>Prince Turki Ibn Abdul Aziz Alawwal Road</li>
2206. <li>Imam Saud Bin Faisal Road</li>
2207. <li>Anas bin Malik Road</li>
2208. <li>King Abdul Aziz Road</li>
2209. <li>Abu Bakr Siddique Road</li>
2210. <li>Othman Bin Affan Road</li>
2211. <li>Prince Muhammad Ibn Saad Ibn Abdulaziz Road</li>
2212. <li>Olaya Road</li>
2213. </ul>
2214. <p align="justify"><strong>Riyadh South</strong></p>
2215. <ul>
2216. <li>Al-Aziziyah Road</li>
2217. <li>Southern Ring Road</li>
2218. <li>Al-Swaidi Al-Aam Road</li>
2219. </ul>
2220. <p align="justify"><strong>Riyadh Central</strong></p>
2221. <ul>
2222. <li>King Fahad Road</li>
2223. <li>Alia Street</li>
2224. <li>Prince Mohammad Bin Abdul Aziz Road (Tahlia Street)</li>
2225. <li>Arabism Road</li>
2226. <li>Al Takhasusi Road</li>
2227. <li>King Abdul Aziz Road</li>
2228. <li>King Abdullah Road</li>
2229. <li>Mecca Road</li>
2230. <li>Prince Sultan Street</li>
2231. <li>Salah-Ud-Din Ayubi Road Malaz</li>
2232. <li>Al Ahsa Road</li>
2233. <li>Al Nahda Road</li>
2234. </ul>
2235. <p align="justify"><strong>For More Insights On Market Intelligence, Refer To The Link Below: –</strong></p>
2236. <p align="justify"><strong><u>Riyadh Office Market</u></strong></p>
2237. <p align="justify"><strong>Related Reports by Ken Research: –</strong></p>
2238. <p align="justify"><strong><u>Makkah Sellable Market Outlook to 2027 Driven by Development towards Vision 2030 and Increasing Number of Hajj and Umrah Pilgrims</u></strong></p>
2239. <p align="justify">The market will grow at a CAGR of 5.4% during 2023-2027 due to Development towards Vision 2030 and Increasing Number of Hajj and Umrah Pilgrims. Market competitiveness may lead to innovations in property offerings, amenities, and pricing strategies. Developers may strive to differentiate their projects to attract buyers in a competitive market.</p>
2240. <p><strong><u>Germany Property Management Market Outlook to 2028 By Product Type (Residential, Commercial, and Other Product Types) and End User Services (housing associations, Property managers Agents, Property investors and others.) And By Regional Split (North/East/West/South)</u></strong></p>
2241. <p align="justify">The market is expected to grow at a CAGR of ~4% during forecast years 2022-2028.  The growth of the market is high due to various factors like increasing construction activity, low mortgage rates. The Germany property management market is a complex web of interconnected stakeholders.</p>
2242. <p align="justify"><strong><u>UK Real Estate Service Market Outlook to 2028 Driven by Low Mortgage Rates and Population Growth and Urbanization</u></strong></p>
2243. <p align="justify">The future of the UK real estate market holds several exciting possibilities driven by emerging trends and advancements. Technology will play a transformative role, with increased adoption of artificial intelligence, virtual reality, and data analytics enhancing the efficiency of property transactions, marketing, and customer service.</p>
2244. <p align="justify"><strong><u>US Real Estate Service Market Outlook to 2028 Driven by Low Mortgage Rates and Population Growth and Urbanization</u></strong></p>
2245. <p align="justify">The future of the US real estate market holds several exciting possibilities driven by emerging trends and advancements. Technology will play a transformative role, with increased adoption of artificial intelligence, virtual reality, and data analytics enhancing the efficiency of property transactions, marketing, and customer service.</p>
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2248. <p><strong>Contact Us:-</strong><br /> Ken Research Private Limited<br /> Ankur Gupta, Director Strategy and Growth<br /> <strong><u>Ankur@kenresearch.com</u></strong><br /> +91-9015378249 </p>
2249. <pre>CONTACT: Contact Us:- Ken Research Private Limited Ankur Gupta, Director Strategy and Growth Ankur@kenresearch.com +91-9015378249</pre>
2250. <p><img src='https://ml.globenewswire.com/media/M2U4YjViNGEtZTBmMy00M2FiLTllOGQtODVkYzE5NWE5Mzc5LTEyMDY1NjQ=/tiny/Ken-Research-Pvt-Ltd.png' referrerpolicy='no-referrer-when-downgrade' />Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. DailyIndiaNews.com takes no editorial responsibility for the same.</p>
2251. <p>The post <a rel="nofollow" href="https://dailyindianews.com/riyadh-office-market-gears-up-rising-demand-drives-10-oversupply-absorption-by-2023-2019-2023-ken-research/2024/361946/">Riyadh Office Market Gears Up: Rising Demand Drives 10% Oversupply Absorption by 2023 (2019-2023): Ken Research</a> appeared first on <a rel="nofollow" href="https://dailyindianews.com">Daily India News</a>.</p>
2252. ]]></content:encoded>
2256. </item>
2257. <item>
2258. <title>Glycomics Market to reach $4.82 billion by 2031, at a CAGR of 13.5%, says Coherent Market Insights</title>
2259. <link>https://dailyindianews.com/glycomics-market-to-reach-4-82-billion-by-2031-at-a-cagr-of-13-5-says-coherent-market-insights/2024/361947/</link>
2261. <dc:creator><![CDATA[GlobeNewswire]]></dc:creator>
2262. <pubDate>Tue, 07 May 2024 11:07:00 +0000</pubDate>
2263. <category><![CDATA[Brand Post]]></category>
2264. <guid isPermaLink="false">https://dailyindianews.com/glycomics-market-to-reach-4-82-billion-by-2031-at-a-cagr-of-13-5-says-coherent-market-insights</guid>
2265.  
2266. <description><![CDATA[<p>Burlingame, May 07, 2024 (GLOBE NEWSWIRE) &#8212; The Global glycomics market is estimated to be valued at USD 1.99 Bn in 2024 and is expected to reach USD 4.82 Bn by 2031, growing at a compound annual growth rate (CAGR) of 13.5% from 2024 to 2031, as highlighted in a new report published by Coherent Market Insights. Glycomics is [&#8230;]</p>
2267. <p>The post <a rel="nofollow" href="https://dailyindianews.com/glycomics-market-to-reach-4-82-billion-by-2031-at-a-cagr-of-13-5-says-coherent-market-insights/2024/361947/">Glycomics Market to reach $4.82 billion by 2031, at a CAGR of 13.5%, says Coherent Market Insights</a> appeared first on <a rel="nofollow" href="https://dailyindianews.com">Daily India News</a>.</p>
2268. ]]></description>
2269. <content:encoded><![CDATA[<p align="justify">Burlingame, May 07, 2024 (GLOBE NEWSWIRE) &#8212; <strong>The Global </strong><strong>glycomics market</strong><strong> is estimated to be valued at USD 1.99 Bn in 2024 and is expected to reach USD 4.82 Bn by 2031, growing at a compound annual growth rate (CAGR) of 13.5% from 2024 to 2031, as highlighted in a new report published by Coherent Market Insights. </strong>Glycomics is the study of the complete set of sugars, or glycomes, of an organism. It involves the analysis of glycan structures present in glycoproteins and glycolipids. Glycomics is applicable across sectors including pharmaceutical, biotechnology, and academic research.</p>
2270. <p><strong>Request Sample Report: </strong>https://www.coherentmarketinsights.com/insight/request-sample/6796</p>
2271. <p align="justify"><strong>Market Dynamics: </strong></p>
2272. <p align="justify">The Glycomics market is being primarily driven by increasing research and development activities in the field of glycomics. With the growing importance of glycomics in drug discovery and development, there is a rising demand for glycomics products and services. Additionally, the increasing prevalence of chronic diseases such as cancer and diabetes, which require personalized medicine approaches, is also contributing to the growth of the Glycomics market.</p>
2273. <p align="justify"><strong>Glycomics Market Report Coverage</strong></p>
2274. <table style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; border-collapse: collapse; width:100%; border-collapse:collapse ;">
2275. <tr>
2276. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; ">Report Coverage</td>
2277. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; ">Details</td>
2278. </tr>
2279. <tr>
2280. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; ">Market Revenue in 2024</td>
2281. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; ">$1.99 billion</td>
2282. </tr>
2283. <tr>
2284. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; ">Estimated Value by 2031</td>
2285. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; ">$4.82 billion</td>
2286. </tr>
2287. <tr>
2288. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; ">Growth Rate</td>
2289. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; ">Poised to grow at a CAGR of 13.5%</td>
2290. </tr>
2291. <tr>
2292. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; ">Historical Data</td>
2293. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; ">2019–2023</td>
2294. </tr>
2295. <tr>
2296. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; ">Forecast Period</td>
2297. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; ">2024–2031</td>
2298. </tr>
2299. <tr>
2300. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; ">Forecast Units</td>
2301. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; ">Value (USD Million/Billion)</td>
2302. </tr>
2303. <tr>
2304. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; ">Report Coverage</td>
2305. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; ">Revenue Forecast, Competitive Landscape, Growth Factors, and Trends</td>
2306. </tr>
2307. <tr>
2308. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; ">Segments Covered</td>
2309. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; ">By Product Type, By Application, By End User</td>
2310. </tr>
2311. <tr>
2312. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; ">Geographies Covered</td>
2313. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; ">North America, Europe, Asia Pacific, and Rest of World</td>
2314. </tr>
2315. <tr>
2316. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; ">Growth Drivers</td>
2317. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; ">• Growing biopharmaceutical industry and rising research &amp; development investments</p>
2318. <p>• Personalized medicine and increasing diagnostics demand</td>
2319. </tr>
2320. <tr>
2321. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; ">Restraints &amp; Challenges</td>
2322. <td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: top ; ">• Lack of standardized glycomic analysis methods</p>
2323. <p>• High costs associated with glycomics research and analysis</td>
2324. </tr>
2325. </table>
2326. <p align="justify"><strong>Market Trends:</strong></p>
2327. <p align="justify">One of the key trends in the Glycomics market is the growing adoption of glycomics in biomarker discovery and diagnostics. Glycomics has shown promising results in identifying novel biomarkers for various diseases, leading to its increased use in diagnostic applications. Another trend is the rising collaborations between academic institutions, research organizations, and pharmaceutical companies to further explore the potential of glycomics in precision medicine. Such partnerships are expected to drive innovation and propel the growth of the Glycomics market in the coming years.</p>
2328. <p align="justify"><strong>Market Opportunities</strong>:</p>
2329. <p align="justify">With the increasing prevalence of chronic diseases and the shift towards personalized medicine, the glycomics market is witnessing a surge in demand. Glycans play a crucial role in various biological processes and can serve as biomarkers for disease diagnosis and prognosis. As a result, there is a growing need for glycomics products for diagnostics and drug discovery applications. Reagents, particularly, are expected to dominate the market due to their widespread use in glycomics research.</p>
2330. <p><strong>Buy this Complete Business Research Report: </strong>https://www.coherentmarketinsights.com/insight/buy-now/6796</p>
2331. <p align="justify">Technological advancements in glycomics tools and techniques are driving innovation in the market. New enzymes, kits, and equipment are being developed to enhance glycan analysis and characterization. This surge in product development is fueling the growth of the glycomics market, as researchers and biopharmaceutical companies seek more efficient and accurate methods for glycan analysis. The increasing adoption of glycomics technologies in academic research and drug development is further boosting market growth.</p>
2332. <p align="justify"><strong>Key Market Takeaways</strong>:</p>
2333. <p align="justify">The Glycomics Market is anticipated to witness a CAGR of 13.5% during the forecast period 2024-2031, owing to the growing demand for personalized medicine and advancements in glycomics technologies.</p>
2334. <p align="justify">On the basis of product type, the reagents segment is expected to hold a dominant position, driven by their widespread use in glycomics research.</p>
2335. <p align="justify">In terms of applications, diagnostics is set to dominate the market, as glycans are increasingly used as biomarkers for disease diagnosis. Biopharmaceutical companies are expected to be the leading end-users of glycomics products.</p>
2336. <p align="justify">North America is expected to hold a dominant position in the glycomics market, due to the presence of key players and research institutions in the region.</p>
2337. <p align="justify">Key players operating in the market include RayBiotech Life, Inc., Shimadzu Corporation, Asparia Glycomics, and Agilent Technologies Inc. The market is characterized by intense competition and a focus on product innovation to meet the growing demand for glycomics solutions.</p>
2338. <p align="justify">In conclusion, the glycomics market presents lucrative opportunities for key players, as the demand for personalized medicine and advancements in glycomics technologies continue to drive market growth. By focusing on product innovation and strategic partnerships, companies can capitalize on the growing market potential and establish a strong foothold in the glycomics industry. With the increasing adoption of glycomics solutions across various sectors, the market is poised for significant expansion in the coming years.</p>
2339. <p><strong>Get 10% Customization on this Report: </strong>https://www.coherentmarketinsights.com/insight/request-customization/6796</p>
2340. <p align="justify"><strong>Recent Developments</strong>:</p>
2341. <p align="justify">In March 2024, Bunker Corporation reported advancements in 4D proteomics workflows enabled by Collision Cross Section technology, including glycoproteomics and immunopeptidomics.</p>
2342. <p align="justify">In April 2021, a collaboration to transfer glycomics research into viable medicine for patients with genetic illness announced by the pan-Canadian Network of Centers of Excellence, GlycoNet, and commercial stage.</p>
2343. <p><strong>Market Segmentation:</strong></p>
2344. <p><strong>By Product Type:</strong></p>
2345. <ul type="circle">
2346. <li>Reagents</li>
2347. <li>Enzymes</li>
2348. <li>Kits</li>
2349. <li>Equipment</li>
2350. </ul>
2351. <p><strong>By Application:</strong></p>
2352. <ul type="circle">
2353. <li>Diagnostics</li>
2354. <li>Drug Discovery &amp; Development</li>
2355. <li>Others</li>
2356. </ul>
2357. <p><strong>By End User:</strong></p>
2358. <ul type="circle">
2359. <li>Biopharmaceutical Companies</li>
2360. <li>Academic &amp; Research Institutes</li>
2361. <li>CROs</li>
2362. <li>Others</li>
2363. </ul>
2364. <p><strong>By Region:</strong></p>
2365. <ul type="circle">
2366. <li style="text-align:justify;">North America
2367. <ul type="square">
2368. <li style="text-align:justify;">U.S.</li>
2369. <li style="text-align:justify;">Canada</li>
2370. </ul>
2371. </li>
2372. <li style="text-align:justify;">Latin America
2373. <ul type="square">
2374. <li style="text-align:justify;">Brazil</li>
2375. <li style="text-align:justify;">Mexico</li>
2376. <li style="text-align:justify;">Rest of Latin America</li>
2377. </ul>
2378. </li>
2379. <li style="text-align:justify;">Europe
2380. <ul type="square">
2381. <li style="text-align:justify;">Germany</li>
2382. <li style="text-align:justify;">U.K.</li>
2383. <li style="text-align:justify;">Spain</li>
2384. <li style="text-align:justify;">France</li>
2385. <li style="text-align:justify;">Italy</li>
2386. <li style="text-align:justify;">Russia</li>
2387. <li style="text-align:justify;">Rest of Europe</li>
2388. </ul>
2389. </li>
2390. <li style="text-align:justify;">Asia Pacific
2391. <ul type="square">
2392. <li style="text-align:justify;">China</li>
2393. <li style="text-align:justify;">India</li>
2394. <li style="text-align:justify;">Japan</li>
2395. <li style="text-align:justify;">Australia</li>
2396. <li style="text-align:justify;">South Korea</li>
2397. <li style="text-align:justify;">Rest of Asia Pacific</li>
2398. </ul>
2399. </li>
2400. <li style="text-align:justify;">Middle East &amp; Africa
2401. <ul type="square">
2402. <li style="text-align:justify;">South Africa</li>
2403. <li style="text-align:justify;">GCC Countries</li>
2404. <li style="text-align:justify;">Rest of Middle East &amp; Africa</li>
2405. </ul>
2406. </li>
2407. </ul>
2408. <p><strong>Browse through Coherent Market Insights</strong> <strong>Biotechnology</strong> <strong>Research Reports.</strong></p>
2409. <p><strong>Find more related trending reports below:</strong></p>
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2411. <p align="justify">Calcium Lactate Market &#8211; Size, Share, Outlook, and Opportunity Analysis</p>
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2413. <p align="justify">Small Scale Bioreactors Market, by Product Type [Reusable Bioreactors ( Stainless Steel Bioreactors, Glass Bioreactors) Single-use Bioreactor] By Capacity (5 ML-100 ML,100 ML-250ML, 250ML-500ML, 500ML-1L, 1L-3L, 3L-5L), By End User (Biopharmaceutical Companies, Contract Manufacturing Organizations, and Research Organizations), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa)</p>
2414. <p align="justify"><strong>About Us:</strong></p>
2415. <p align="justify">Coherent Market Insights is a global market intelligence and consulting organization that provides syndicated research reports, customized research reports, and consulting services. We are known for our actionable insights and authentic reports in various domains including aerospace and defense, agriculture, food and beverages, automotive, chemicals and materials, and virtually all domains and an exhaustive list of sub-domains under the sun. We create value for clients through our highly reliable and accurate reports. We are also committed in playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients.</p>
2416. <p align="justify"><strong>Follow Us:</strong> <u>LinkedIn</u> | <u>Twitter</u></p>
2417. <p />
2418. <pre>CONTACT: Mr. Shah Senior Client Partner – Business Development Coherent Market Insights Phone: US: +1-206-701-6702 UK: +44-020-8133-4027 Japan: +81-050-5539-1737 India: +91-848-285-0837 Email: sales@coherentmarketinsights.com Website: https://www.coherentmarketinsights.com</pre>
2419. <p><img src='https://ml.globenewswire.com/media/ZjNlOWIyODktNTFkZi00ZDljLWE3ZGMtOTdiODFjYTE2NDYzLTExMDI1OTQ=/tiny/Coherent-Market-Insights-Pvt-L.png' referrerpolicy='no-referrer-when-downgrade' />Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. DailyIndiaNews.com takes no editorial responsibility for the same.</p>
2420. <p>The post <a rel="nofollow" href="https://dailyindianews.com/glycomics-market-to-reach-4-82-billion-by-2031-at-a-cagr-of-13-5-says-coherent-market-insights/2024/361947/">Glycomics Market to reach $4.82 billion by 2031, at a CAGR of 13.5%, says Coherent Market Insights</a> appeared first on <a rel="nofollow" href="https://dailyindianews.com">Daily India News</a>.</p>
2421. ]]></content:encoded>
2425. </item>
2426. <item>
2427. <title>Moon Cake Packaging Machine Market To Reach a Positive CAGR By 2032, Says DataHorizzon Research</title>
2428. <link>https://dailyindianews.com/moon-cake-packaging-machine-market-to-reach-a-positive-cagr-by-2032-says-datahorizzon-research/2024/361949/</link>
2430. <dc:creator><![CDATA[GlobeNewswire]]></dc:creator>
2431. <pubDate>Tue, 07 May 2024 11:00:00 +0000</pubDate>
2432. <category><![CDATA[Brand Post]]></category>
2433. <guid isPermaLink="false">https://dailyindianews.com/moon-cake-packaging-machine-market-to-reach-a-positive-cagr-by-2032-says-datahorizzon-research</guid>
2434.  
2435. <description><![CDATA[<p>The moon cake packaging machine market share is expected to gain traction at a CAGR of 4.2% between 2024 and 2032. Fort Collins, Colorado, May 07, 2024 (GLOBE NEWSWIRE) &#8212; The growing demand for automated packaging solutions encourages industry growth. The moon cake packaging machine market is witnessing notable growth propelled by the increasing demand [&#8230;]</p>
2436. <p>The post <a rel="nofollow" href="https://dailyindianews.com/moon-cake-packaging-machine-market-to-reach-a-positive-cagr-by-2032-says-datahorizzon-research/2024/361949/">Moon Cake Packaging Machine Market To Reach a Positive CAGR By 2032, Says DataHorizzon Research</a> appeared first on <a rel="nofollow" href="https://dailyindianews.com">Daily India News</a>.</p>
2437. ]]></description>
2438. <content:encoded><![CDATA[<p><em>The moon cake packaging machine market share is expected to gain traction at a CAGR of 4.2% between 2024 and 2032.</em></p>
2439. <p>Fort Collins, Colorado, May 07, 2024 (GLOBE NEWSWIRE) &#8212; </p>
2440. <p><strong>The growing demand for automated packaging solutions encourages industry growth.</strong></p>
2441. <p>The <strong>moon cake packaging machine market</strong> is witnessing notable growth propelled by the increasing demand for automated packaging solutions within the food industry. Growing focus on food safety, hygiene, and operational efficiency is spurring the adoption of automated packaging machinery. Moon cake producers invest in advanced packaging technologies to streamline operations, cut labor expenses, and enhance overall productivity. Additionally, the surging popularity of moon cakes as a traditional treat, particularly during the mid-autumn festival, amplifies the need for efficient packaging solutions.</p>
2442. <p>Technological progress in packaging machinery is another significant driver for the moon cake packaging machine market. Manufacturers are introducing innovative features such as intelligent control systems, high-speed packaging capabilities, and flexible packaging options to meet the evolving demands of the food sector. For instance, integrating robotics and artificial intelligence in packaging equipment enables manufacturers to achieve high precision, consistency, and speed in packaging. These technological advancements empower moon cake producers to augment their packaging capabilities and secure a competitive advantage in the market. </p>
2443. <p align="center"><strong>Request Sample Report: </strong></p>
2444. <p align="center"><strong>https://bit.ly/3wqk6Na</strong></p>
2445. <p><strong>Segmentation Overview:</strong></p>
2446. <p><strong>The moon cake packaging machine market has been segmented into type, organization size, application, and region.</strong></p>
2447. <p><strong>Moon cake packaging accounted for a significant market share in 2023.</strong></p>
2448. <ul>
2449. <li>The market segmentation based on application includes moon cake packaging, egg yolk packaging, bakery and pastry packaging, and others. Moon cake packaging holds a substantial share of the application segment of the moon cake packaging machine market. This is because moon cakes are a traditional and widely consumed delicacy, especially during the mid-autumn festival, leading to a high demand for specialized packaging machines.</li>
2450. </ul>
2451. <p><strong>The fully automatic segment registered a massive growth in 2023.</strong></p>
2452. <ul>
2453. <li>Based on type, the market is segmented into fully automatic and semi-automatic. The fully automatic segment holds a significant share of the type segment of the moon cake packaging machine market. This can be attributed to the increasing demand for automation in the food packaging industry, driven by labor cost reduction, higher production efficiency, and consistent quality output. </li>
2454. </ul>
2455. <p align="center"><strong>Ask For Discount </strong></p>
2456. <p align="center"><strong>https://bit.ly/3UZhpfb</strong></p>
2457. <p><strong>Moon Cake Packaging Market Report Highlights:</strong></p>
2458. <ul>
2459. <li>The moon cake packaging machine market growth is anticipated at a<strong> CAGR of 4.2% by 2032.</strong></li>
2460. </ul>
2461. <ul>
2462. <li>The fortified breakfast spread market encompasses a range of products designed to provide essential nutrients in addition to their traditional roles as spreads for bread, toast, or other baked goods.</li>
2463. </ul>
2464. <ul>
2465. <li>Asia Pacific holds a significant share and is expected to grow substantially during the forecast period. The growing demand is driven by the increasing demand for packaged moon cakes during the mid-autumn festival celebrations, particularly in countries like China, Vietnam, and Singapore.</li>
2466. </ul>
2467. <ul>
2468. <li>Some prominent players in the moon cake packaging machine market report include Anqing Hengchang Machinery Co. Ltd., Azhai Packaging Machinery Co. Ltd., Gamma Machinery, Dongguang Canghai Packing Machine Co. Ltd., Hosokawa Yoka, Foshan Ruipuhua Machinery Equipment Co. Ltd., Hualian Machinery Group Co. Ltd., Liaoyang Pentairte Packaging Machinery Co. Ltd., Foshan Soontrue Machinery Equipment Co. Ltd., and Anko Food Machine Co. Ltd. </li>
2469. </ul>
2470. <p align="center"><strong>Looking Exclusively For Region/Country Specific Report? </strong></p>
2471. <p align="center"><strong>https://bit.ly/4a80xXS</strong></p>
2472. <p><strong>About DataHorizzon Research:</strong></p>
2473. <p>DataHorizzon is a market research and advisory company that assists organizations across the globe in formulating growth strategies for changing business dynamics. Its offerings include consulting services across enterprises and business insights to make actionable decisions. DHR’s comprehensive research methodology for predicting long-term and sustainable trends in the market facilitates complex decisions for organizations.</p>
2474. <p><strong>Contact:</strong></p>
2475. <p><strong>Mail:</strong> sales@datahorizzonresearch.com</p>
2476. <p><strong>Ph:</strong> +1-970-672-0390</p>
2477. <p><strong>Website:</strong> https://datahorizzonresearch.com/</p>
2478. <p><strong>Follow Us:</strong> LinkedIn </p>
2479. <p> </p>
2480. <p><strong><u>Recent Publications</u></strong></p>
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2482. <p>Sand Blasting Machine Market Size &amp; Forecast 2024 to 2032</p>
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2486. <pre>CONTACT: Mail: sales@datahorizzonresearch.com Ph: +1-970-672-0390 Website: https://www.datahorizzonresearch.com </pre>
2487. <p><img src='https://ml.globenewswire.com/media/YzQ5ZTYwZTMtZGI1Ni00NGY1LThlYzAtNDA3OGUyMjJmMjVjLTEyNzA3Nzk=/tiny/DataHorizzon-Research.png' referrerpolicy='no-referrer-when-downgrade' />Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. DailyIndiaNews.com takes no editorial responsibility for the same.</p>
2488. <p>The post <a rel="nofollow" href="https://dailyindianews.com/moon-cake-packaging-machine-market-to-reach-a-positive-cagr-by-2032-says-datahorizzon-research/2024/361949/">Moon Cake Packaging Machine Market To Reach a Positive CAGR By 2032, Says DataHorizzon Research</a> appeared first on <a rel="nofollow" href="https://dailyindianews.com">Daily India News</a>.</p>
2489. ]]></content:encoded>
2493. </item>
2494. <item>
2495. <title>Packaged Milkshakes Market Size to Forecasted to Surge $980.7 Million Growth by 2032, Exhibit a CAGR of 5.8%</title>
2496. <link>https://dailyindianews.com/packaged-milkshakes-market-size-to-forecasted-to-surge-980-7-million-growth-by-2032-exhibit-a-cagr-of-5-8/2024/361948/</link>
2498. <dc:creator><![CDATA[GlobeNewswire]]></dc:creator>
2499. <pubDate>Tue, 07 May 2024 11:00:00 +0000</pubDate>
2500. <category><![CDATA[Brand Post]]></category>
2501. <guid isPermaLink="false">https://dailyindianews.com/packaged-milkshakes-market-size-to-forecasted-to-surge-980-7-million-growth-by-2032-exhibit-a-cagr-of-5-8</guid>
2502.  
2503. <description><![CDATA[<p>The market for packaged milkshakes is being driven by the growing trend of eating more probiotic drinks—which are high in nutritious ingredients—for breakfast, which is creating a greater demand for the product. Asia Pacific led the market in 2023 with the largest market share of 36.1%. Newark, May 07, 2024 (GLOBE NEWSWIRE) &#8212; The Brainy [&#8230;]</p>
2504. <p>The post <a rel="nofollow" href="https://dailyindianews.com/packaged-milkshakes-market-size-to-forecasted-to-surge-980-7-million-growth-by-2032-exhibit-a-cagr-of-5-8/2024/361948/">Packaged Milkshakes Market Size to Forecasted to Surge $980.7 Million Growth by 2032, Exhibit a CAGR of 5.8%</a> appeared first on <a rel="nofollow" href="https://dailyindianews.com">Daily India News</a>.</p>
2505. ]]></description>
2506. <content:encoded><![CDATA[<p><em>The market for packaged milkshakes is being driven by the growing trend of eating more probiotic drinks—which are high in nutritious ingredients—for breakfast, which is creating a greater demand for the product. Asia Pacific led the market in 2023 with the largest market share of 36.1%.</em></p>
2507. <p align="justify">Newark, May 07, 2024 (GLOBE NEWSWIRE) &#8212; The Brainy Insights estimates that the USD 558.1 million in 2023 packaged milkshake market will reach USD 980.7 million by 2033. Packaged milkshakes come in a variety of flavors, ranging from classic choices like chocolate, vanilla, and strawberry to more unusual ones like fruit mixes, cookies and cream, banana, and coffee. This range accommodates a wide range of consumer tastes and preferences. Additionally, consumers now have a handy way to enjoy milkshakes without having to prepare or blend them thanks to packaged milkshakes. They are convenient for busy lifestyles and on-the-go snacking because they are ready to drink and portable.</p>
2508. <p align="left"><strong>Download Report Sample (230+ Pages PDF with Insights) at: https://www.thebrainyinsights.com/enquiry/sample-request/14227 </strong></p>
2509. <p align="left"><strong>Key Insight of the Packaged Milkshake Market</strong></p>
2510. <p align="left"><strong>North America is anticipated to expand at the fastest CAGR of 12.1% over the projection period.</strong></p>
2511. <p align="justify">North America is expected to grow at the fastest CAGR of 12.1% over the forecast period. There is a significant market need for quick and decadent drinks like boxed milkshakes in North America. Customers frequently look for both novel flavors like salted caramel, peanut butter, or seasonal flavors in addition to well-known tastes like chocolate, vanilla, and strawberry. Additionally, although indulgence plays a big role in the packaged milkshake market in North America, consumers&#8217; interest in healthier options is expanding. In response, companies are providing dairy-free, low-fat, low-sugar, and dairy-free options in addition to goods enhanced with protein, vitamins, and other useful components to appeal to consumers who are health-conscious.</p>
2512. <p align="justify"><strong>In the Packaged Milkshake market, the chocolate segment is anticipated to expand at the highest CAGR of 12.4% over the projection period.</strong></p>
2513. <p align="justify">The chocolate segment is anticipated to expand at the highest CAGR of 12.4% over the projection period. Customers who like chocolate-flavored pastries, candies, or bars may find chocolate-flavored milkshakes appealing. Packaged milkshake businesses can take advantage of the widespread appeal of chocolate across other food and beverage categories, thereby catering to preexisting consumer tastes and habits. Additionally, although chocolate milkshakes are a year-round favorite, they are especially well-liked in the warmer months or as a cozy treat in the winter. In order to increase sales, brands can take advantage of this seasonality by providing limited-time discounts, seasonal flavors, or packaging with holiday themes.</p>
2514. <p align="justify"><strong>In the packaged milkshake market, the paper segment is anticipated to expand at the highest CAGR of 11.2% over the projection period.</strong></p>
2515. <p align="justify">The paper segment is anticipated to expand at the highest CAGR of 11.2% over the projection period. When compared to packaging made of plastic or other materials, paper is frequently seen to be more environmentally friendly. Brands can use paper packaging to appeal to eco-conscious consumers and set themselves apart in the market as consumers&#8217; concerns about environmental issues grow. Additionally, paper packaging may be recycled widely, which attracts customers who value sustainability. Companies can improve their brand image and appeal to environmentally concerned consumers by highlighting the recyclability of their paper packaging.</p>
2516. <p align="justify"><strong>In the packaged milkshake market, the online segment is anticipated to expand at the highest CAGR of 13.2% over the projection period.</strong></p>
2517. <p align="justify">The online segment is anticipated to expand at the highest CAGR of 13.2% over the projection period. Online marketplaces like Amazon, Walmart.com, and Instacart are just a few examples of the third-party online markets via which brands can offer packaged milkshake products. These platforms have a broad audience that allows marketers to target customers in various demographic and geographic areas. Additionally, direct-to-consumer sales enable manufacturers to offer packaged milkshake items to customers directly through their own web platforms, circumventing established retail channels. With DTC models, brands can direct consumer connections, collect insightful data, and manage the customer experience.</p>
2518. <p align="left"><strong>Inquiry Before Buying: https://www.thebrainyinsights.com/enquiry/buying-inquiry/14227 </strong></p>
2519. <p align="left"><strong>Market Dynamics</strong></p>
2520. <p align="left"><strong>Driver</strong> </p>
2521. <p align="justify">Businesses are always coming up with new and inventive flavors and using components that are in vogue, such plant-based substitutes, protein supplements, and superfoods. Consumers are kept interested and are encouraged to explore new items by this ongoing innovation. Additionally, as more and more consumers dine on the go, packaged milkshakes offer a handy and transportable solution for sating cravings or hunger when out and about, traveling, or engaging in outdoor activities. Additionally, appealing packaging, captivating ad campaigns, and a strong social media presence are examples of effective marketing techniques that are vital in raising consumer awareness and buy intent. In a crowded market, strong branding aids businesses in setting their products apart.</p>
2522. <p align="justify"><strong>Opportunity</strong></p>
2523. <p align="justify">Providing options for customized milkshakes enables customers to personalize their drinks. Packaged milkshake manufacturers can offer DIY kits or adaptable flavor mixes so that customers can combine components to make personalized taste combinations at home. Additionally, packaged milkshakes can market themselves to people who are always on the go as easy snacks or meal substitutes. Packaging formats that brands might investigate include pouches, single-serve bottles, and portable cups with resealable lids or integrated straws for convenient consumption at any time or place.</p>
2524. <p align="left"><strong>Browse the full report with Table of Contents and List of Figures: https://www.thebrainyinsights.com/report/packaged-milkshakes-market-14227 </strong></p>
2525. <p align="left"><strong>Some of the major players operating in the Packaged Milkshake market are:</strong></p>
2526. <p align="justify">• Dean Foods<br />• The Hershey Company<br />• Danone<br />• Nestle<br />• GCMMF<br />• CavinKare<br />• Mother Dairy Fruits &amp; Vegetables<br />• Britannia<br />• FrieslandCampina<br />• Muller UK &amp; Ireland</p>
2527. <p align="justify"><strong>Key Segments cover in the market:</strong></p>
2528. <p align="justify">By Flavors</p>
2529. <p align="justify">• Chocolate<br />• Vanilla<br />• Strawberry<br />• Others</p>
2530. <p align="justify">By Packaging</p>
2531. <p align="justify">• Glass<br />• Tin<br />• Paper<br />• Plastic</p>
2532. <p align="justify">By Distribution Channel</p>
2533. <p align="justify">• Offline<br />• Online</p>
2534. <p align="left"><strong>Inquire for Customized Data: https://www.thebrainyinsights.com/enquiry/request-customization/14227 </strong></p>
2535. <p align="left"><strong>About The Brainy Insights:</strong></p>
2536. <p align="justify">The Brainy Insights is a market research company that provides actionable insights through data analytics to companies to improve their business acumen. They have a robust forecasting and estimation model to meet the client&#8217;s objectives of high-quality output within a short period. They provide both customized (client-specific) and syndicate reports. Their repository of syndicate reports is diverse across all the categories and sub-categories across domains. Their customized solutions meet the client&#8217;s requirements whether they are looking to expand or planning to launch a new product in the global market.</p>
2537. <p align="justify"><strong>Contact Us</strong></p>
2538. <p align="justify">Avinash D<br />Head of Business Development<br />Phone: +1-315-215-1633<br />Email: sales@thebrainyinsights.com <br />Web: http://www.thebrainyinsights.com</p>
2539. <p><img src='https://ml.globenewswire.com/media/MDYyYTMxMGEtMTZhMS00N2MyLWEyMTEtMjg5N2ZiOWI5MDgwLTEyNDQ0Njc=/tiny/Brainy-Insights-Pvt-Ltd-.png' referrerpolicy='no-referrer-when-downgrade' />Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. DailyIndiaNews.com takes no editorial responsibility for the same.</p>
2540. <p>The post <a rel="nofollow" href="https://dailyindianews.com/packaged-milkshakes-market-size-to-forecasted-to-surge-980-7-million-growth-by-2032-exhibit-a-cagr-of-5-8/2024/361948/">Packaged Milkshakes Market Size to Forecasted to Surge $980.7 Million Growth by 2032, Exhibit a CAGR of 5.8%</a> appeared first on <a rel="nofollow" href="https://dailyindianews.com">Daily India News</a>.</p>
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