Market Overview:
The global volumetric video market is expected to grow at a CAGR of over 25% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for volumetric videos across different applications such as advertisement, sports events and entertainment, medical, education and training, and other applications. Additionally, the growing demand for VR headsets is also contributing to the growth of this market. North America dominates the global volumetric video market followed by Europe and Asia Pacific. However, Asia Pacific is expected to witness highest growth during the forecast period owing to rising adoption of VR headsets in countries such as China and Japan.
Product Definition:
Volumetric video is a type of 3D video that captures the entire volume of space in which an object exists. This is opposed to traditional 3D videos, which only capture the surface geometry of objects. Volumetric video can be used for a variety of purposes, such as creating more realistic 3D images or providing new ways for people to interact with virtual environments.
Hardware:
Hardware is the term used to collectively refer to all the devices and components required to convert a digital signal into an analog one, and back again. The Hardware segment includes all Volumetric Video Recorders (VVR), encoders/decoders, multiplexers/demultiplexers, scaler/filter circuits etc., which are necessary for implementing a software solution.
Software:
Software is the collection of tools and techniques used to create, modify, analyze or restore volume. It can be further categorized into imaging software and analysis software. Imaging software are used for capturing the image of a sample while analysis software provide information about analyzed samples such as mass spectrum, histology etc.
Software has been gaining popularity in medical field due to its increasing use in automation processes which help save time during diagnosis & treatment procedures by providing quick results with higher accuracy levels.
Application Insights:
The other application segment accounted for the largest revenue share in 2017 and is expected to continue its dominance over the forecast period. This can be attributed to growing adoption of video analytics solutions in various industries such as retail, sports, medical, education and training among others. The growth of this segment can also be attributed to increasing usage of video conferencing applications across business meetings and trainings.
The advertisement application segment is expected register a significant CAGR over the forecast period owing to rising demand from companies advertising their products or services through volumetric videos ads (VVAs). VVAs offer several advantages such as high engagement rates which results in higher visibility for advertisers¢â‚¬â„¢ brands on YouTube and Google+, increased watch time & completion rate which improves branding opportunities, improved customer experience due to enhanced product knowledge leading to a positive buying decision by consumers.
Regional Analysis:
North America dominated the global market in 2017. The growth can be attributed to the presence of key companies such as Autodesk, Inc.; Adobe Systems Incorporated; and Google LLC. Moreover, increasing adoption of volumetric video editing software by major media companies such as Viacom 18 Media Corporation for its shows on MTV is also expected to drive the regional market over the forecast period.
Asia Pacific is expected to witness significant growth over the next eight years owing to rising demand from China and Japan. Increasing use of smartphones with high-speed internet connectivity has led to an increase in video streaming activities across this region, which is further anticipated to boost product adoption in near future. Furthermore, growing penetration of social networking sites like Facebook and YouTube will also help propel regional growth over next eight years due a rise in online video viewership trends across this region especially among younger demographics (18-35 year old age group).
Growth Factors:
- Increasing demand for video content: The growth of the volumetric video market can be attributed to the increasing demand for video content. With the advent of new technologies such as virtual reality (VR) and augmented reality (AR), there is a growing demand for immersive and engaging video content. Volumetric videos offer an immersive experience that traditional videos cannot provide, thus driving the growth of the volumetric video market.
- Rising popularity of VR headsets: VR headsets are becoming increasingly popular, with companies such as Facebook, Google, Samsung, HTC, Sony, and Microsoft investing in this technology. This is expected to drive the growth of the volumetric video market in coming years.
- Growing use of AR in advertising: Augmented reality is being increasingly used in advertising campaigns to create more engaging experiences for consumers. This is expected to drivethe growthofvolumetricvideoincomingyearsasmorecompaniesuseARtocreateimmersiveadvertisementsandpromotions4 Increased affordabilityofVRandARheadsets: ThegrowingpopularityoftheVRandsmartphoneshasresultedinanincreaseintheaffordabilityofthesesetsoverthepastfewyearsmakingthemaccessibletomoreconsumersworldwide5 Improvedqualityofvolumetricsolutions: VolumeticstechologyisstillincipientstagebutitisrapidlyevolvingwithbetterqualitysolutionsbeingdevelopedeverydayThiswillhelptodriveupthedemandforvol
Scope Of The Report
Report Attributes
Report Details
Report Title
Volumetric Video Market Research Report
By Type
Hardware, Software
By Application
Advertisement, Sports Events & Entertainment, Medical, Education & Training, Other
By Companies
Intel, Microsoft, RealView Imaging, 8i, Facebook, Google, LightSpace Technologies, The Coretec Group, Voxon Photonics, Jaunt, Omnivor, Hammerhead, HypeVR Technology, Stereolab
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
241
Number of Tables & Figures
169
Customization Available
Yes, the report can be customized as per your need.
Global Volumetric Video Market Report Segments:
The global Volumetric Video market is segmented on the basis of:
Types
Hardware, Software
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Advertisement, Sports Events & Entertainment, Medical, Education & Training, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Intel
- Microsoft
- RealView Imaging
- 8i
- Facebook
- Google
- LightSpace Technologies
- The Coretec Group
- Voxon Photonics
- Jaunt
- Omnivor
- Hammerhead
- HypeVR Technology
- Stereolab
Highlights of The Volumetric Video Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Hardware
- Software
- By Application:
- Advertisement
- Sports Events & Entertainment
- Medical
- Education & Training
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Volumetric Video Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Volumetric video is a type of video that captures footage in which the objects and people in the scene appear to be moving. This type of footage can be used to create videos that look like they are filmed from a distance, or as if they were shot through water or smoke.
Some of the key players operating in the volumetric video market are Intel, Microsoft, RealView Imaging, 8i, Facebook, Google, LightSpace Technologies, The Coretec Group, Voxon Photonics, Jaunt, Omnivor, Hammerhead, HypeVR Technology, Stereolab.
The volumetric video market is expected to grow at a compound annual growth rate of 25%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Volumetric Video Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Volumetric Video Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Volumetric Video Market - Supply Chain
4.5. Global Volumetric Video Market Forecast
4.5.1. Volumetric Video Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Volumetric Video Market Size (000 Units) and Y-o-Y Growth
4.5.3. Volumetric Video Market Absolute $ Opportunity
5. Global Volumetric Video Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Volumetric Video Market Size and Volume Forecast by Type
5.3.1. Hardware
5.3.2. Software
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Volumetric Video Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Volumetric Video Market Size and Volume Forecast by Application
6.3.1. Advertisement
6.3.2. Sports Events & Entertainment
6.3.3. Medical
6.3.4. Education & Training
6.3.5. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Volumetric Video Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Volumetric Video Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Volumetric Video Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Volumetric Video Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Volumetric Video Demand Share Forecast, 2019-2026
9. North America Volumetric Video Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Volumetric Video Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Volumetric Video Market Size and Volume Forecast by Application
9.4.1. Advertisement
9.4.2. Sports Events & Entertainment
9.4.3. Medical
9.4.4. Education & Training
9.4.5. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Volumetric Video Market Size and Volume Forecast by Type
9.7.1. Hardware
9.7.2. Software
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Volumetric Video Demand Share Forecast, 2019-2026
10. Latin America Volumetric Video Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Volumetric Video Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Volumetric Video Market Size and Volume Forecast by Application
10.4.1. Advertisement
10.4.2. Sports Events & Entertainment
10.4.3. Medical
10.4.4. Education & Training
10.4.5. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Volumetric Video Market Size and Volume Forecast by Type
10.7.1. Hardware
10.7.2. Software
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Volumetric Video Demand Share Forecast, 2019-2026
11. Europe Volumetric Video Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Volumetric Video Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Volumetric Video Market Size and Volume Forecast by Application
11.4.1. Advertisement
11.4.2. Sports Events & Entertainment
11.4.3. Medical
11.4.4. Education & Training
11.4.5. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Volumetric Video Market Size and Volume Forecast by Type
11.7.1. Hardware
11.7.2. Software
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Prjections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Volumetric Video Demand Share, 2019-2026
12. Asia Pacific Volumetric Video Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Volumetric Video Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Volumetric Video Market Size and Volume Forecast by Application
12.4.1. Advertisement
12.4.2. Sports Events & Entertainment
12.4.3. Medical
12.4.4. Education & Training
12.4.5. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Volumetric Video Market Size and Volume Forecast by Type
12.7.1. Hardware
12.7.2. Software
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Volumetric Video Demand Share, 2019-2026
13. Middle East & Africa Volumetric Video Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Volumetric Video Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Volumetric Video Market Size and Volume Forecast by Application
13.4.1. Advertisement
13.4.2. Sports Events & Entertainment
13.4.3. Medical
13.4.4. Education & Training
13.4.5. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Volumetric Video Market Size and Volume Forecast by Type
13.7.1. Hardware
13.7.2. Software
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Volumetric Video Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Volumetric Video Market: Market Share Analysis
14.2. Volumetric Video Distributors and Customers
14.3. Volumetric Video Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Intel
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Microsoft
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. RealView Imaging
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. 8i
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Facebook
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Google
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. LightSpace Technologies
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. The Coretec Group
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Voxon Photonics
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Jaunt
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Omnivor
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Hammerhead
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. HypeVR Technology
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Stereolab
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
