Press release
Volumetric Video Market is projected to expand at a steady CAGR over the forecast - 2031 | Microsoft Corporation,Lubrizol,Lear Corporation.
Volumetric Video Market
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Volumetric video is a type of video that captures a three-dimensional (3D) representation of an object or scene. This type of video is typically created using special cameras and software that capture and process a large number of images or video frames. These images or video frames are then used to create a 3D model of the object or scene.
Volumetric video can be used to create realistic 3D models of people or objects. This type of video can also be used to create virtual reality (VR) experiences. VR experiences that are created using volumetric video can provide a more realistic and immersive experience for the user.
Volumetric video can be used for a variety of applications, such as entertainment, education, training, and marketing. For example, volumetric video can be used to create movies, video games, and other forms of entertainment. Volumetric video can also be used to create educational experiences, such as virtual field trips or simulations. Additionally, volumetric video can be used for training purposes, such as for medical or military training. Finally, volumetric video can be used for marketing purposes, such as creating product demonstrations or ads.
Key Trends
There are three key trends in volumetric video technology:
Increased Resolution: As volumetric video technology has developed, the resolution of the video captured has increased. This increase in resolution has allowed for more detailed and realistic 3D models to be created from the video data.
Increased Frame Rate: Another trend in volumetric video technology is the increase in the frame rate at which the video is captured. This increase in frame rate allows for smoother and more realistic 3D models to be created.
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Increased Compression Efficiency: The third trend in volumetric video technology is the increased efficiency with which the video data is compressed. This increased efficiency allows for larger volumetric video files to be created without sacrificing quality.
Key Drivers
The key drivers of the Volumetric Video market are the increasing demand for realistic and immersive content, the need for efficient and accurate 3D reconstruction, and the growing adoption of volumetric video technology in various industries such as entertainment, healthcare, and automotive.
With the increasing demand for realistic and immersive content, volumetric video is becoming increasingly popular as it allows users to create realistic 3D models of people and objects. Additionally, volumetric video is more efficient and accurate than traditional 3D reconstruction methods, making it ideal for use in various industries such as healthcare, automotive, and entertainment.
Market Segments
By Volumetric Capture
Hardware
Software
Services
By Application
Sports, Events, and Entertainment
Medical
Education and Training
Signage and Advertisement
Others
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By Content Delivery
Projectors
AR/VR Head-mounted Display (HMD)
Smartphones
Volumetric Displays
Key Players
Microsoft Corporation
Intel Corporation
4Dviews
8i
Unity Technologies
IO Industries Inc
Stereolabs Inc.
Verizon Communications
Canon Inc.
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