Press release
With 28.6% CAGR, Volumetric Video Market Growth to Surpass USD 7.6 billion
The global volumetric video market is expected to be valued at USD 2.2 billion in 2023 and is projected to reach USD 7.6 billion by 2028; it is expected to grow at a CAGR of 28.6% from 2023 to 2028. The increasing need for the efficient use of holograms, 3D technologies, and AR VR products across all industries drives market growth. The volumetric video market in the US, UK, and China is expected to grow higher. This can be attributed to the expansion of the entertainment sector and the rising number of volumetric studios in the aforementioned countries.Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=259585041
The hardware market for volumetric video accounts for the second-highest CAGR during the forecast period. Hardware, including capture devices, processing hardware, display hardware, and networking hardware, plays a critical role in enabling the capture, processing, and display of volumetric video. Technological advances are driving innovation and growth in this emerging field. Volumetric video requires specialized cameras and capture devices to capture the 3D information needed to create a realistic and immersive experience. These cameras typically use multiple sensors and lenses to capture a 360-degree view of the subject from various angles, allowing the system to reconstruct a 3D model of the subject.
In terms of value, the signage & advertisement application is projected to account for the highest CAGR during the forecast period. Volumetric video is cutting-edge technology that can be used in signage and advertisement to create captivating and immersive visual experiences for customers. This technology allows businesses to showcase their products or services in a highly engaging way that captures the attention of potential customers. The technology used in the volumetric video for signage and advertisement typically involves capturing live-action video footage of a product or service using an array of cameras that capture the subject from all angles. Light Field Lab is a company that specializes in creating holographic displays for use in various industries, including signage and advertising. They have partnered with several companies to develop unique volumetric displays, such as a holographic car display for Porsche. The display uses Light Field Lab's technology to create a 3D holographic image of the car that can be viewed from different angles.
The volumetric video market in Europe accounted for the second-largest share in 2022. Europe is one of the central regions to have recognized and accepted volumetric video solutions. The growth of the volumetric video market in the region is attributed to the presence of significant players in the ecosystem, such as 4Dviews, Holoxica, Lightspace Technologies, VividQ, HOLOOH, Dimension Studio, Mark Roberts Motion Control (MRMC), Vologram, Volucap, EF EVE, Raytrix, and Prox & Reverie and the increased demand for volumetric video systems in sports, events, advertisement, and medical applications. The region has also witnessed many technological advancements in the volumetric video ecosystem supported and funded by the European Union.
Inquiry Before Buying @ https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=259585041
Major players operating in the volumetric video market include Microsoft Corporation (US), Intel Corporation (US), 4D views (France), 8I (US), Unity Technologies (US), Alphabet Inc. (US), Scatter (Depthkit) (US), Stereolabs Inc. (US), Mark Roberts Motion Control (MRMC) (UK), Metastage (US), Meta Platforms (US), ModTec Labs (US), Sony Corporation (Japan), and Canon (Japan). These companies have reliable hardware and software services across the countries such as North America, Europe, and Asia Pacific. They have an established portfolio of reputable products and services, a robust market presence, and strong business strategies. Furthermore, these companies have a significant market share, products with more comprehensive applications, broader geographical use cases, and a more extensive product footprint.
News also Covered: https://www.prnewswire.com/news-releases/volumetric-video-market-worth-7-6-billion-by-2028---exclusive-report-by-marketsandmarkets-301833330.html
Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com
MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release With 28.6% CAGR, Volumetric Video Market Growth to Surpass USD 7.6 billion here
News-ID: 3066007 • Views: …
More Releases from MarketsandMarkets

Laser Interferometer Market Set to Grow at the Fastest Rate- Time to Grow your R …
The global laser interferometer market is expected to be valued at 315 million in 2024 and is projected to reach USD 447 million by 2029, at a CAGR of 7.2% from 2024 to 2029. Emerging applications in industries push the market's growth due to the growing demand for precision in the manufacturing sector. However, challenges such as higher initial investments and maintenance costs cause problems. Despite these, opportunities arise for…

With 19.6% CAGR, Battery Testing, Inspection, and Certification Market Growth to …
The battery testing, inspection, and certification market is projected to reach USD 36.7 billion by 2029 from USD 14.9 billion in 2024 at a CAGR of 19.6% during the forecast period. Increasing adoption of EVs and energy storage systems, rising enforcement of stringent standards to ensure battery safety, thriving portable electronics industry, and rapid advances in battery technology are the major factors contributing to the market growth.
Download PDF Brochure @…

Real-Time Location Systems Revolutionize Healthcare: Insights from MarketsandMar …
The global RTLS market for healthcare is projected to grow from USD 2.3 billion in 2024 to USD 5.7 billion by 2029, at a compound annual growth rate of 19.6% from 2024 to 2029. As it attracts more and more players who enter this market with innovative RTLS features for customers, the market for RTLS technology is rapidly increasing. Top companies in this market focus on healthcare, retail, and manufacturing…

Offsite Data Center Power Infrastructure Market Size to Reach $35.4 billion by 2 …
According to a research report "Offsite Data Center Power Infrastructure Market by Component (Solutions and Services), Vertical (BFSI, Media & Entertainment, Government & Defence, Healthcare, Manufacturing, IT & Telecom, Retail) and Region - Global Forecast to 2030" published by MarketsandMarkets, the market size for global offsite data center power infrastructure market is projected to reach approximately USD 35.4 billion by the year 2030, as compared to the estimated value of…
More Releases for Mark
MARK WAHLBERG INSTANT EARWORMS!
A jingle for Mark Wahlberg and Wahlburgers ( link below ). Host and enthusiastic Wahlburgers fan DeeDee from CRAZY JOURNEYS with DeeDee is putting out an open invitation to Mark Wahlberg himself - to join her for a fun, fresh photo retake at one of his legendary Wahlburgers locations.
Why? Because every great journey deserves a great snapshot- and the magic of an awesome burger.
DeeDee, whose content on YouTube has…
INTERVIEW: MARK JAMES SCOTT
I sat down with Brand Consultant, Designer & Creative Director Mark James Scott who is making an Impact in the Hip Hop World, in both the UK and the US. We talked working with Artists from The Game and Music Mogul Diddy, to his own Music and more..
BY SASHA JENKINS
WHAT SETS YOU APART FROM OTHERS IN YOUR FIELD?
I didn't study Design. I studied Psychology for 6 years and gained my Masters…
Impressionist landscape artist - Mark Briscoe
I am Mark Briscoe, Bristish artist well established in the field of Chinoiserie furniture decoration and restoration of antique lacquer. But the techniques for fine art easel painting in the wonderful manner of the old masters is something which I have been exploring in great earnest over the last two years as a long cherished desire. And while I cannot claim to have come anywhere near their heights, I have…
Mark de Clive-Lowe
On Thursday, May 3rd, 2012 internationally known musician Mark de Clive-Lowe (MdCL), will take the stage at The Beehive, located in Boston, MA, for a special performance of his revolutionary sound. Be there from 9:30PM to 1:00AM as MdCL plays impromptu remixes created from scratch, on the spot using drum machines, keyboards and special effects. He will start with a jazz-oriented set and crank up the intensity with his signature…
Trade Mark Act
Neoinfo Solutions Pvt. LTD is an IT based company with its main office located in Jaipur(rajasthan). Our expertise lies in the domain of Website Designing development portal development,maintenance software consulting, designing development , implimentation, training and maitenance.In the journey of achieving our combined business and social goals we have kept in mind and have always strictly followed all our data security policies to ensure that all informations of our clients…
Trade mark Act
Neoinfo Solutions Pvt. LTD is an IT based company with its main office located in Jaipur(rajasthan). Our expertise lies in the domain of Website Designing development portal development,maintenance software consulting, designing development , implimentation, training and maitenance.In the journey of achieving our combined business and social goals we have kept in mind and have always strictly followed all our data security policies to ensure that all informations of our clients…