Press release
Volumetric Video Global Market Report 2025: CAGR of 26.7% & 31.7% expected for 2024-2025 & Current to 2029
What Is The Projected Market Size Of The Global Volumetric Video Global Market Report 2025 And Its Growth Rate?
The volumetric video market's trajectory for expansion has seen substantial growth. Key statistics to support this are:
• Growth from $2.82 billion in 2024 to $3.58 billion in 2025 at a compound annual growth rate (CAGR) of 26.7%
• Predicated increase to $10.77 billion by 2029 with a CAGR of 31.7%
Factors such as increased consumer demand for immersive content, rise in media and entertainment industry investments, and the integration of volumetric video in the gaming industry, live events, and sports broadcasting as well as educational and training applications have been attributing to this growth.
What Is Driving The Growth In The Volumetric Video Global Market Report 2025?
Boost to volumetric video market growth is likely coming from the increase in the usage of augmented reality, with the volumetric video capture technology that digitizes a three-dimensional space being imperative to this growth. The augmented reality heralds a new era in applications like cultural heritage, such as exhibition data management and architectural and environmental heritage reconstruction. An India-based company, VeeRuby Technologies Pvt Ltd, projects that by 2023, there will be 1.4 billion active AR user devices and by 2028, AR will contribute to $340 billion in revenue. Hence, the mounting adoption and utilization of AR devices are projected to boost the market's forecast.
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Who Are the Key Players Driving Volumetric Video Global Market Report 2025 Growth?
Key players in the volumetric video market driving its growth are:
• Alphabet Inc.
• Microsoft Corporation
• Verizon Communications
• Meta Platforms Inc.
• Sony Group Corporation
• Intel Corporation
• Canon Inc
• Adobe Inc.
• Dimension
• Autodesk Inc.
• 8I Ltd.
• DGene
• 3nfinite
• Unity Technologies
• Avid Technology Inc.
• Blackmagic Design Pty Ltd.
• Mark Roberts Motion Control
• Arcturus Studios
• Stereolabs Inc.
• LightSpace Technologies Ltd.
• Holoxica Ltd.
• Evercoast, Boris FX
• Light Field Lab
• Scatter
• 4D View Solutions SAS
• OTOY Inc.
• Disguise
• Foundry
• HapYak
• Holo-Light
• Imagineer Systems Ltd.
• Looking Glass Factory Inc.
• Magic Leap Inc.
• Maxon Computer GmbH
• NewTek Inc.
• Nreal
• Pixotope Technologies
• RealView Imaging
• The Foundry Visionmongers
• Varjo Technologies Oy
• Ventuz Technology AG
• VividQ Limited
• Vizrt
• Volograms
• Voxon Photonics
• Zero Density
What Are The Key Trends In The Volumetric Video Global Market Report 2025?
Key trends observed in this sector include:
• Advancements in capture technology
• Growth in virtual conferencing and events
• Emergence of cloud-based volumetric video services
• Real-time volumetric video streaming
• Rise in collaborations and partnerships
What Are The Segments Of The Global Volumetric Video Global Market Report 2025?
The volumetric video market's segments include:
1) By Component: Hardware, Software, Services
2) By Content Delivery: Projectors, AR/VR Head-Mounted Display (HMD), Smartphones, Volumetric Displays
3) By Application: Sports And Entertainment, Medical, Signage And Advertisement, Education And Training
Which Region Leads The Volumetric Video Global Market Report 2025?
In 2024, North America held the largest region in the volumetric video market share. However, in the forecast period, Asia-Pacific is expected to be the fastest-growing region. Other regions covered in this report include Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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What Is Covered In The Volumetric Video Global Market Report 2025 Global Market Report?
- Market Size Analysis: Analyze the Volumetric Video Global Market Report 2025 size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Volumetric Video Global Market Report 2025 for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Volumetric Video Global Market Report 2025 growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Volumetric Video Global Market Report 2025.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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