Global Fire Protection System Market, By Volumetric Capture (Hardware, Camera Unit, Processing Unit, Software, Photogrammetry Software, Services), Application (Medical, Sports, Events and Entertainment, Signage and Advertisement, Education and Training, Others) - Industry Trends and Forecast to 2030.
Volumetric Video Market Analysis and Size
The rise in usage in AR/VR applications devices across the globe acts as one of the major factors driving the growth of global volumetric video market. The proliferation of content delivery devices driving demand for 3D content, and use of volumetric video by medical professionals to imagine the parts of the body in a better and simpler way accelerate the market growth. The rise in demand for 3D/360° content in entertainment sector, and increase in the number of studios which are involved in the volumetric content production for filmmaking and gaming applications further influence the market.
Data Bridge Market Research analyses that the global volumetric video market was valued at USD 3.56 billion in 2022, and is expected to reach USD 11.24 billion by 2030, registering a CAGR of 27.98% during the forecast period of 2023-2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Volumetric Video Market Scope and Segmentation
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Report Metric
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Details
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Forecast Period
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2023-2030
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Base Year
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2021
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Historic Years
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2020 ((Customizable to 2015- 2020)
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Quantitative Units
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Revenue in USD billion, Volumes in Units, Pricing in USD
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Segments Covered
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Volumetric Capture (Hardware, Camera Unit, Processing Unit, Software, Photogrammetry Software, Services), Application (Medical, Sports, Events and Entertainment, Signage and Advertisement, Education and Training, Others)
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Countries Covered
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U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E., South Africa, Egypt, Israel, and Rest of the Middle East and Africa
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Market Players Covered
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RealView Imaging Ltd (U.S.) 8i Limited (U.S.), LightSpace Technologies (U.S.), Facebook (U.S.), Google (U.S.), The Coretec Group Inc. (U.S.), Voxon Photonics (U.S.), Jaunt, Inc. (U.S.), Omnivor, Inc. (U.S.), Unity Technologies U.S.), HypeVR Technology (U.S.), OTOY Inc. (U.S.), Stereolabs (U.S.), Microsoft (U.S.)
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Market Opportunities
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Market Definition
Volumetric video refers to the process which assists in capturing the object irrespective whether it’s a 2D or 3D object. It could be static or a moving object, or it also can be a location. Motion sensing techniques is required for moving 3D objects, and static is done using imaging. Imaging of 2D or a 3D object is generally done by using In-depth sensors. This could be directly placed at the body of the object or it can be scanned through using 360 degree cameras.
Global Volumetric Video Market Dynamics
Drivers
- Rise in Usage in AR/VR Applications Devices across the Globe
The rise in usage in AR/VR applications devices across the globe acts as one of the major factors driving the growth of global volumetric video market. The proliferation of content delivery devices driving demand for 3D content, and use of volumetric video by medical professionals to imagine the parts of the body in a better and simpler way accelerate the market growth.
- Advancement in Technologies
The increase in the advancement in technologies such as artificial intelligence (AI) and the internet of things (IoT) accelerate the market growth. The ability of IoT enables wireless fire detection systems prevents fire accidents and injuries.
Opportunity
- Increase in Demand for Enhanced Match Viewing Experience
Increase in demand for enhanced match viewing experience and rise in need for advanced medical image guide surgery positively affect the volumetric video market. Furthermore, applications of volumetric video for progressive medical imaging and image-guided surgery extend profitable opportunities to the market players in the forecast period of 2023 to 2030.
Restraint/Challenge
- High Cost associated with Installation and Maintenance
The high cost associated with the production of volumetric video, and less effective projection under sunlight are expected to obstruct the market growth. Also, the cost to buy the AR/VR headset is very high and still are not user friendly and premium charges have to be paid for using them
This global volumetric video market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on global volumetric video market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Recent Development
- In May 2023, Intel has unveiled RealSense 3D cameras (D415 and D435) suitable for both professional and consumer applications. Raytrix, on the other hand, offers light-field cameras designed explicitly for volumetric capture
Global Volumetric Video Market Scope
The global volumetric video market is segmented on the basis of volumetric capture and application. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
Volumetric Capture
- Hardware
- Camera Unit
- Processing Unit Software
- Photogrammetry Software
- Services
Application
- Medical
- Sports, Events and Entertainment
- Signage and Advertisement
- Education
- Training
- Others
Global Volumetric Video Market Region Analysis/Insights
The global volumetric video market is analysed and market size insights and trends are provided by volumetric capture and application as referenced above.
The countries covered in the global volumetric video market report are the U.S., Canada and Mexico, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA)
North America dominates the global volumetric video market due to the adoption of technologically advanced solutions and an early adopter of emerging technologies within the region.
Asia-Pacific is expected to witness significant growth in the global volumetric video market, during the forecast period of 2023 to 2030, due to the high demand for volumetric solutions in various industries in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Global Volumetric Video Market Share Analysis
The global volumetric video market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies focus related to global volumetric video market.
Some of the major players operating in global volumetric video market are
- RealView Imaging Ltd (U.S.)
- 8i Limited (U.S.)
- LightSpace Technologies (U.S.)
- Facebook (U.S.)
- Google (U.S.)
- The Coretec Group Inc. (U.S.)
- Voxon Photonics (U.S.)
- Jaunt, Inc. (U.S.)
- Omnivor, Inc. (U.S.)
- Unity Technologies (U.S.)
- HypeVR Technology (U.S.)
- OTOY Inc. (U.S.)
- Stereolabs (U.S.)
- Microsoft (U.S.)
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