The Volumetric Video Global Market Report 2023, provides comprehensive information on the volumetric video market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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According to The Business Research Company’s Volumetric Video Global Market Report for 2023, the market is poised for significant growth, with a projected increase in market size from $1.79 billion in 2022 to an impressive $2.31 billion in 2023. This surge represents a substantial compound annual growth rate (CAGR) of 28.7%, highlighting the dynamic nature of the industry.
However, it’s essential to acknowledge that global events, such as the Russia-Ukraine war, have introduced notable turbulence to the economic landscape, at least in the immediate term. This conflict has precipitated economic sanctions imposed on various countries, instigated a surge in commodity prices, and disrupted supply chains. The cascading effects of these developments have triggered inflationary pressures across the spectrum of goods and services, impacting various markets worldwide.
Despite these challenges, the global volumetric video market continues to exhibit tremendous potential. Projections suggest that by 2027, the market size will expand to an impressive $6.45 billion, demonstrating a robust CAGR of 29.3%. This growth trajectory underscores the resilience and innovation within this sector.
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One of the pivotal trends shaping the volumetric video market is the rapid integration of cutting-edge technologies. Notably, emerging technologies have ushered in a new era of transparency in content delivery and networked logistics pathways. A notable illustration of this is the introduction of “Spaceport” by Ant Media, a U.S.-based company renowned for its specialization in live video streaming solutions. The Spaceport product offers an end-to-end solution that facilitates the capture of dynamic scenes, providing viewers with an immersive three-dimensional experience. Furthermore, Spaceport boasts versatility by supporting video playback across a range of platforms, including VR goggles, web browsers, and mobile devices.
The technological wizardry behind Spaceport lies in its utilization of advanced algorithms, such as the Robot Operating System (ROS), the Point Cloud Library (PCL), and calibration objects. These components collaboratively create high-quality point clouds for each frame, allowing for a superior volumetric video experience, setting the stage for an exciting future within this burgeoning industry.
The volumetric video market 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
Top 5 Major Players:
North America was the largest region in the volumetric video market in 2022.
Table of contents :
1. Executive Summary
2. Volumetric Video Market Characteristics
3. Volumetric Video Market Trends And Strategies
4. Volumetric Video Market – Macro Economic Scenario
5. Volumetric Video Market Size And Growth
…..
26. Africa Volumetric Video Market
27. Volumetric Video Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Volumetric Video Market
29. Volumetric Video Market Future Outlook and Potential Analysis
30. Appendix
List Of Tables:
Table 1: Global Historic Market Growth, 2017-2022, $ Billion
Table 2: Global Forecast Market Growth, 2022-2027F, 2032F, $ Billion
Table 3: Global Volumetric Video Market, Segmentation By Component, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 4: Global Volumetric Video Market, Segmentation By Content Delivery, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 5: Global Volumetric Video Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
….
Table 46: Microsoft Corporation Financial Performance
Table 47: Intel Corporation Financial Performance
Table 48: 8I Ltd Financial Performance
Table 49: Google Financial Performance
Table 50: Stereolabs Financial Performance
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