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3D Avatar Solution Market Size, Share: Emerging Technologies, Sales Revenue, Development Status| Key Players Analysis: IN3D Inc; TG3D Studio Inc; Itseez3D Inc; 3D Generation GmbH

02-22-2023 01:57 PM CET | IT, New Media & Software

Press release from: Premium Market Insights

3D Avatar Solution Market

3D Avatar Solution Market

Premium Market Insights announces the release of the report "3D Avatar Solution Market Size, Share, Growth, Industry Trends and Forecast to 2028 - COVID-19 Impact and Global Analysis - by Offering, Application, End-Use Industry, and Geography," the market size is expected to grow to US$ 544.87 million by 2028; it is estimated to grow at a CAGR of 31.3% from 2022 to 2028. This report provides key analysis on the market status of the Food Safety Testing Kits manufacturers with market size, growth, share, trends as well as industry cost structure. The 3D body scanners are being adopted across industries such as healthcare, fashion, and modern art to provide a 3D replica of the human body for measurements, treatment plans, and modern art development which is fueling the 3D avatar solution market growth. Hence, the demand for advanced 3D scanners and software is increasing across the globe. A few of the notable 3D avatar solution market players operating in the industry includes Texel, LLC; In3D; and TG3D Studio.

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The List of Companies - 3D Avatar Solution Market

MotionWerx LLC
Texel Inc LLC
Osensus GmbH
Bodygee AG
Polyga Inc
IN3D Inc
TG3D Studio Inc
Itseez3D Inc
3D Generation GmbH
NeXR Technologies SE.
….

A few of the recent development of new 3D scanning models are listed below:

- In July 2022, TechMed 3D launched a SNAP application for human body 3D models and measurement. The application offered clinicians easy access to 3D body scans and measurements. The scanners enable the doctors to capture accurate body images; hence, the need for manual input of any other body specification is minimal.

- In April 2021, NetVirta announced the launch of Verifyt, its new 3D body scanning application for apparel and footwear brands. The application is designed for both apparel manufacturers and consumers. It is developed to increase fitting efficiency, thereby reducing return rates.

- In July 2020, Artec Europe launched Artec Eva, a full-body 3D scanner for designing and developing human parts. This solution was developed to help in the self-training of medical professionals on COVID-19-related symptoms, thereby enabling them to build real-time treatment plans during the COVID-19 pandemic.

3D Avatar Solution Market report supports in defining and optimizing each stage in the lifecycle of industrial process that comprises engagement, acquisition, retention, and monetization. The analysis and estimations conducted via this 3D Avatar Solution Market report help to get an idea about the product launches, future products, joint ventures, marketing strategy, developments, mergers and acquisitions and effect of the same on sales, marketing, promotions, revenue, import, export, and CAGR values. This market document is a brilliant guide for actionable ideas, enhanced decision-making and better business strategies. The insights given in this 3D Avatar Solution Market research report are established upon SWOT analysis on which businesses can rely confidently.

 

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Thus, the rise in investment by the 3D avatar solution players to innovate and develop new and advanced products is driving the 3D avatar solution market growth.

Media and entertainment, fashion, healthcare, and others are end-users of 3D avatars. The media & entertainment industry mostly uses animation software for television shows, marketing, and promotion, performing realistic stunts, and other activities. Moreover, medical companies are creating 3D avatars for doctors and medical professionals, making the development of new medical products easier, faster, and more efficient. In addition, the growing trend for adopting 3D avatar software among fashion professionals to create new an apparel is propelling the 3D avatar solution market over the forecast period.

The Segments And Sub-Section of 3D Avatar Solution Market are shown below:

By Component (Solution And Services)

By Model (Stylized, Realistic, And Futuristic)

By End User (Media And Entertainment, Healthcare, Fashion, And Others)

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COVID-19 Pandemic Impact on 3D Avatar Solution Market

The COVID-19 pandemic has had a significant impact on North America due to a high number of immigrants traveling across the region, the lack of imposition of an early lockdown in North American countries, and the presence of a large number of COVID-19-infected people in the US, Canada, and Mexico in 2020. The pandemic has also impacted the fashion, entertainment, and medical sectors, which recovered owing to the increasing adoption of digital marketing and growing investment in advancing VFX technology. North America has the highest rate of advanced technology adoption due to favorable government initiatives fostering innovation and enhancing infrastructural abilities. The region is a major adopter of 3D avatars owing to the presence of a wide-scale consumer base for the entertainment industry and the presence of 3D avatar solution providers in the region. Thus, due to all the above factors, the 3D avatar solution market has benefited from the emergence of the COVID-19 pandemic.

The US and Canada are pioneers in adopting advanced technologies that help enhance the product and service offerings of the fashion, healthcare, gaming, and media & entertainment industries. The gaming industry across North America is experiencing rapid growth owing to many individuals adopting augmented reality (AR) and virtual reality (VR) games which is projected to drive the 3D avatar solution market. For instance, according to the report published by Entertainment Software Association in August 2022, the US has more than 227 million gamers in the country, showcasing a growth of 6% compared to 2020. As per the same report, the gaming population prefers playing multi-player realistic games. These factors are influencing the development of several video games with special and customized characters to attract more individuals, thereby contributing to the rising demand for 3D avatar solutions in the gaming industry in North America. The aforesaid factors are contributing towards the 3D avatar solution market.

Key questions answered

o What impact does COVID-19 have made on 3D Avatar Solution Market Growth & Sizing?

o Who are the Leading key players and what are their Key Business plans in the 3D Avatar Solution market?

o What are the key concerns of the five forces analysis of the 3D Avatar Solution market?

o What are different prospects and threats faced by the dealers in the 3D Avatar Solution market?

o What are the strengths and weaknesses of the key vendors?

Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.

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If you have any queries pertaining to the report or would like further information, feel free to reach out to us at-

Contact Person: Sameer Joshi

E-mail: sales@premiummarketinsights.com

Phone: +1-646-491-9876

About Us:

Premium Market Insights is a one stop shop of market research reports and solutions to various companies across the globe. We help our clients in their decision support system by helping them choose most relevant and cost-effective research reports and solutions from various publishers.

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