3D Telepresence Market 2022 Top Manufactures, Growth Opportunities and Investment Feasibility 2027

The 3D Telepresence market has been thoroughly scrutinized and then carefully demarcated by geographic locations which are based on major economic regions and their topographical regions. Growing competition and the changing market dynamics have been highlighted. Aggressive market players are profiled with attributes of company overview, financial overview, business strategies, product portfolio, and recent developments. The 3D Telepresence Market share and Market size prominent players for 2020 to 2027 are profiled in this report.

Competitive Landscape: TelePresence Tech,  Cisco Systems Inc.,  Microsoft Corporation,   Holoxica Limited,  Valorem Reply,  Teliris Inc. (Dimension Data),  Digital Video Enterprises Inc.,  Musion 3D,  Polycom Inc.,  ZTE Corporation,  MDH Hologram Ltd.,  Primasonic Spectrum Private Ltd. and Others

Industry News:

- Jun 2020- Microsoft updated its photos application with new AI-powered functionality. Microsoft photos app will be able to identify individual people across the user's entire collection of images, making it easier to categorize shots by their content and create customized slideshows of pictures with a particular person as their focus.
- Oct 2020- ZTE Corporation partnered with China Unicorn to build a FTTH-based smart community. They announced the completion of triall of an innovative smart community deployment based on a Fibre To The Home (FTTH) network in Yinchuan, China.This trial has enabled the groth of smart community services over the existing Passive Optical Network (PON) broadband infrastructure.

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Scope of the Report:

The 3D Telepresence Market is expected to register a CAGR of 19.6% over the forecast period 2022 - 2027.

Audio and visual applications like Google Hangouts, Facetime, Skype, and other video conferencing platforms for office are co-existing today for use across enterprises to enable remote communication.
- Although the quality of experience, with regard to audio and visual transmission, has significantly improved over the years, 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.

Key Market Trends:

Enhanced User Experience expected to Drive the Growth
- The tele-immersion technology, coupled with 3D technology, provides an increased level of presence of the remote users, whether it is bundled with virtual or augmented reality (AR). Aside from enhancing the user experience, in terms of communication, which is currently performed with 2D video conferencing, there is a potential use of this technology in several other areas that would reduce the need for travel.
- Moreover, applications, such as in remote collaboration, where multi-disciplinary teams have to work closely with 3D data or models, like in design, manufacturing, medicine, physical sciences, architecture, astronomy, digital humanities, and education, among various other applications, are expected to drive the demand for these solutions.

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Europe to have a Dominant Share in the Market
- Various research studies are being conducted to ensure immersive experience in 3D telepresence systems. For instance, researchers from the De Montfort University in Leicester, United Kingdom are working on a project to develop new algorithms that could reduce lossy compression of point clouds whose usage is widely observed in 3D telepresence.
- Compared to traditional video technology, 3D point clouds offer various advantages, such as free-viewpoint rendering and the mix of natural and synthetic objects. The EU-funded OPT-PCC project is working on developing new data compression algorithms aimed at optimizing the image rate-distortion performance with efficient compression methods that could increase storage capability and improve the usage of bandwidth.

Regional Analysis for 3D Telepresence Market:

North America, Latin America, Asia-Pacific, Africa, Europe, and others have been studied at length based on various parameters of businesses such as type, size, application, and end-users.  The global 3D Telepresence Market is presented for niche reading. The report presents portfolios of different strategies and the best practices governing businesses. Some applicable sales methodologies have been included in this research report, that could influence business output.

Highlights about 3D Telepresence report coverage:

- A complete background analysis, which includes an assessment of the Global 3D Telepresence Market.

- Important changes in 3D Telepresence market dynamics

- 3D Telepresence Market segmentation up to the second & third level regional bifurcation

- Historical, current, and projected size of the 3D Telepresence market with respect to both value (Revenue) and volume (Production & Consumption)

- Reporting and evaluation of recent 3D Telepresence industry developments

- 3D Telepresence Market shares and strategies of key players

- Emerging niche 3D Telepresence segments and regional markets

- An objective assessment of the trajectory of the 3D Telepresence market

- Recommendations to companies for strengthening their foothold in the 3D Telepresence market

The research includes historic data from 2016 to 2021 and forecasts until 2027 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs.

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