Volumetric Video Technology Market – Segmented by Component, and Geography (2019 to 2024)

The recent study on the volumetric video market covers an in-depth analysis of the market on the basis of component, and geography. The report also covers the country level analysis within the regions as well. Additionally, the report covers the key trends in the market along with drivers and restraint during the forecast period 2019-2024.

According to the report titled “Volumetric Video Market – Forecast from 2019 to 2024”, the market is estimated to witness an exponential growth throughout the course of the forecast period. The report has segmented the volumetric video market by component (hardware, software, services), and geography such as Americas (United States, Canada, Brazil, others), Europe Middle East and Africa (Germany, France, United Kingdom, Italy, others), and Asia Pacific (China, Japan, India, Taiwan, others). The volumetric video is a video technology that captures 3D space and allows for a more immersive viewing experience in augmented and virtual reality setups. The demand for volumetric videography will see a rise during the forecast period owing to the developments in the capture technology available. Furthermore, the rising prevalence of virtual reality systems amongst users worldwide has also increased the demand for 360˚ videos and animated games, further boosting the demand for these solutions worldwide.

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Volumetric video is the next generation display technology.
Volumetric video technology captures videos from multiple viewpoints and uses that information to create a map of the space, which can then be viewed from multiple angles, allowing the users to create either use the gathered data for a 3D video, or use it to generate multiple angles for the same scene. The technology has also seen multiple developments during the forecast period and is projected to see more in the coming years. Recently, a new startup called Mimesys showed off their new volumetric video software that allows users to not only transmit and view videos in real time but also simultaneously interact with the 3D holographic video.

Some of the major players discussed in the reports are Microsoft Corporation, 8i Limited, Voxon Photonics, and Intel Corporation, among others.

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