Automated Journalism Market Size & Analysis - Forecasts To 2025 By Service (Streamlining Workflows, Automating Task, Faster Crunching, Separation of Fake News, Content Writing), By Region (North America, Europe, Asia-Pacific, Central & South America, and Middle East & Africa), End-use Landscape, Vendor Landscape, Market Share & Competitive Landscape - Global Market Estimates
Automated Journalism Market Insights
The demand for automated journalism market is expected to gain wide acceptance among new paper and news room industry. A large number of journalism companies are involved in adopting semi-automated local story writing software. Large national and metro newspapers such as Washington Post and The New York Times are also using artificial intelligence in accumulating important news articles, streamlining tasks, and writing articles to increase efficiency in new reporting.
The journalism industry is expected to encounter serious challenges with regards to digitally available information. Artificial intelligence is expected to solve some of these challenges by focusing on streamlining workflow, automated visual aid development, automating task such as locating breaking news across the world, faster data crunching to break out news at a faster rate.
Automated Journalism Market: Service Insights
The automated journalism market offers services such as streamlining workflows, automating task, faster crunching, separation of fake news, and content writing among others. Artificial Intelligence adopted by the New York Times enables tagging certain phrases and eliminates harassment & abuse in the comment section.
BBC news has also adopted artificial intelligence in journalism that helps extract & segregate important news articles and link news stories together. Reuters uses Graphiq to develop interactive data visualization for news publishers in various sectors such as politics, entertainment, natural calamities, and sports among others.
Automated Journalism Market: Regional Insights
The European and North American region have experienced a high subscription rate of online newspaper and digital media, thereby increasing the preference for automated journalism in order to maintain a competitive edge in the digital market. The demand for automated journalism in the Asia Pacific market is also expected to receive high traction in the market over the forecast period. However, social media is regarded as a widely used medium for news in Singapore, Malaysia, Hong Kong, and Taiwan.
Automated Journalism Market: Vendor Landscape
The report contains a chapter dedicated to vendors operating in the market, covering raw material manufactures, equipment developers, manufacturers, and distributors. The report provides these insights on a regional level. This section of the report entails contact details, experience, products manufactured/supplied, and geographical presence of companies.
Automated Journalism Market: End-Use Landscape
The report provides a detailed list of end-users operating across the world. The end-user landscape includes consumer contact details, geographical presence, revenue, product portfolio, organic and inorganic growth strategies among others. Some of the companies who are likely to use automated journalism include The New York Times, Washington Post, and BBC Network among others.
Automated Journalism: Market Share & Competitor Analysis
Some of the prominent companies engaged in automated journalism market include Graphiq, Heliograf, Automated Insights, Yseop, Alphabet, Narrative Science, Arria, Press Association, and OnlyBoth Inc. among others. The rapid adoption of artificial intelligence in various applications is projected to positively influence demand over the coming years.
Please note: This is not an exhaustive list of companies profiled in the report.
In July 2017, Google invested USD 805,000 in Press Association to build software that allows automated writing of local stories. Google has created a USD 170 million fund called the “Digital News Initiative” to support digital innovation in newsrooms across Europe.
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The global Automated Journalism Market has been studied from the year 2016 till 2025. However, the CAGR provided in the report is from the year 2017 to 2025. The research methodology involved three stages: Desk research, Primary research, and Analysis & Output from the entire research process.
The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply side analysis for the Automated Journalism Market.
The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, distributors, and end-use product manufacturers.
Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, SWOT analysis of the companyies and customer analytics.
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