3D TELEPRESENCE Market is expected to register high CAGR during the forecast period (2018-2023)| Dominant Vendors - TELEPRESENCE TECH, CISCO SYSTEMS INC., MICROSOFT CORPORATION, TELIRIS, INC. (DIMENSION DATA), DIGITAL VIDEO ENTERPRISES INC., MUSION, POLYC

Market Analysis:

North America is the Biggest Market
Many large organizations in this region are adopting to 3D telepresence room solutions, which is a significant factor for the high adoption of 3D telepresence in this region. Major players like Cisco, who are investing in 3D telepresence market in this region, are driving the growth of the market.

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The 2D video technology has several inherent drawbacks, like loss of non-verbal cues, such as eye contact and gestures, which cannot be mitigated easily. Some of these issues are addressed by 3D telepresence, which provides rendering and streaming of 3D video data between two or more parties, and this boosts the adoption of 3D telepresence, globally. By taking advantage of recent advances in augmented reality (AR), coupled with 3D, such as Atheer AiR Glasses, Google Glass, and Microsoft HoloLens, the remote consumer’s digital representations could be rendered over the real world, creating a mixed-reality experience. This in turn, is expected to drive the 3D telepresence market. Hardware devices have witnessed a growth in demand, owing to the increasing adoption in educational institutions and multinational corporations.

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Market Segments:
3D TELEPRESENCE Market is segmented by:
1. Solution Type: Software, Hardware
2. End User: Education, Advertising, Conferencing, Customer Service, Others
3. Geography: North America, South America, Europe, Asia Pacific, Middle East & Africa

Key Developments in the Market
•August 2017: Digital Video Enterprises (DVE) launched DVE Holo-Suite, creating ultra-realistic holographic images of people in a telepresence meeting.

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