PUBLISHER: Lucintel | PRODUCT CODE: 1417775
PUBLISHER: Lucintel | PRODUCT CODE: 1417775
Volumetric Video Trends and Forecast
The future of the global volumetric video market looks promising with opportunities in the sports, events, & entertainment, medical, education & training, and signage & advertisement markets. The global volumetric video market is expected to reach an estimated $12 billion by 2030 with a CAGR of 28.3% from 2024 to 2030. The major drivers for this market are increasing adoption in virtual reality (VR) and augmented reality (AR) applications, growing demand of immersive and engaging experience in various end-use industries, and swift progress in the camera and display technologies.
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Volumetric Video by Segment
The study includes a forecast for the global volumetric video by volumetric capture, content delivery, application, and region.
List of Volumetric Video Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies volumetric video companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the volumetric video companies profiled in this report include-
Volumetric Video Market Insights
Lucintel forecasts that service is expected to witness the highest growth over the forecast period.
Within this market, signage & advertisement is expected to witness the highest growth over the forecast period because this technology enables advertisers to develop compelling and attractive visuals integrated in signage and advertising platforms.
APAC is expected to witness highest growth over the forecast period due to increasing adoption of AR/VR technology and rapid technological advancementes in the region.
Features of the Global Volumetric Video Market
Market Size Estimates: Volumetric video market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Volumetric video market size by volumetric capture, content delivery, application, and region in terms of value ($B).
Regional Analysis: Volumetric video market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different volumetric capture, content delivery, applications, and regions for the volumetric video market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the volumetric video market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
FAQ
Q1. What is the volumetric video market size?
Answer: The global volumetric video market is expected to reach an estimated $12 billion by 2030.
Q2. What is the growth forecast for volumetric video market?
Answer: The global volumetric video market is expected to grow with a CAGR of 28.3% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the volumetric video market?
Answer: The major drivers for this market are increasing adoption in virtual reality (VR) and augmented reality (AR) applications, growing demand of immersive and engaging experience in various end-use industries, and swift progress in the camera and display technologies.
Q4. What are the major segments for volumetric video market?
Answer: The future of the volumetric video market looks promising with opportunities in the sports, events, & entertainment, medical, education & training, and signage & advertisement markets.
Q5. Who are the key volumetric video market companies?
Answer: Some of the key volumetric video companies are as follows.
Q6. Which volumetric video market segment will be the largest in future?
Answer: Lucintel forecasts that service is expected to witness the highest growth over the forecast period.
Q7. In volumetric video market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to increasing adoption of AR/VR technology and rapid technological advancementes in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.