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Global Volumetric Video Market Analysis 2025-2030: Growth Drivers, Challenges, And Opportunities
Volumetric Video Market Size
What Is the Volumetric Video Market Size and Projected Growth Rate?
The size of the volumetric video market has experienced a steep growth in the past few years. It is projected to expand from a value of $2.82 billion in 2024 to around $3.58 billion in 2025, showing a compound annual growth rate (CAGR) of 26.7%. The remarkable growth during the historical period can be explained by the surge in consumer appetite for immersive content, investments in the media and entertainment sector, live event and sports broadcasts, the integration of the gaming industry, as well as educational and training applications.
In the coming years, the volumetric video market is projected to experience rapid expansion, reaching a valuation of $10.77 billion by 2029, with a compound annual growth rate (CAGR) of 31.7%. This significant increase during the forecast period can be traced back to several factors, including the growth in healthcare applications, the introduction of cinematic experiences in theme parks, the improvement of content creation tools, the worldwide proliferation of volumetric video studios, and endeavors to enhance accessibility and standardize the industry. The period is also expected to see major movements such as the development of capture technology, the rise of virtual conferences and events, the introduction of cloud-based volumetric video services, the capacity for real-time volumetric video streaming, as well as collaboration and partnership efforts.
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What Are the Major Segments in the Volumetric Video Market?
The volumetric video market covered in this report is segmented -
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
Subsegments:
1) By Hardware: Cameras, Sensors, Storage Devices, Processing Units
2) By Software: Video Capture Software, Editing Software, Playback Software, Integration Software
3) By Services: Consulting Services, Implementation Services, Support And Maintenance Services
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What Are The Driving Volumetric Video Market Evolution?
The expected rise in augmented reality use is predicted to drive the expansion of the volumetric video market. The technology of volumetric video capture involves digitalising a three-dimensional space or object in real time, utilizing an array of cameras focused on a particular target. Augmented reality has found success in various cultural heritage applications, such as managing exhibition data, reconstructing architectural and environmental heritage, representation, curating exhibitions, and storytelling. For example, VeeRuby Technologies Pvt Ltd., an Indian organization that specializes in augmented reality (AR) and virtual reality (VR), projected that by May 2023, 1.4 billion AR devices will be in active use. By 2028, AR could generate revenues up to $340 billion. Consequently, the anticipated rise in the use and adoption of AR devices could lead to significant market growth in the forthcoming period.
Which Firms Dominate The Volumetric Video Market Segments?
Major companies operating in the volumetric video market include 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 Trends Are Expected to Dominate the Volumetric Video Market in the Next 5 Years?
Progress in technology is a rising trend noticed within the volumetric video market. Innovative technologies pave the way for clear distribution and connected logistic routes. As an example, in February 2022, Wild Capture, the American volumetric technology and creative services studio, introduced the Digital Human Platform. This platform was designed to foster the development of XR technologies and provide comprehensive production services for creating digital humans, volumetric crowds, and CG fashion. This is expected to benefit media production, software, web-based deliveries, and the volumetric video market.
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Which Is The Largest Region In The Volumetric Video Market?
North America was the largest region in the volumetric video market share in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the volumetric video market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Volumetric Video Market?
2. What is the CAGR expected in the Volumetric Video Market?
3. What Are the Key Innovations Transforming the Volumetric Video Industry?
4. Which Region Is Leading the Volumetric Video Market?
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