Volumetric Video Market Expansion: Projected to Hit $10.77Billion with 31.7% CAGR by 2029
How big
is the volumetric video market today, and what are its future growth
expectations?
The volumetric video market size has grown exponentially in recent years. It
will grow from $2.82 billion in 2024 to $3.58 billion in 2025 at a compound
annual growth rate (CAGR) of 26.7%. The
growth in the historic period can be attributed to increased consumer demand
for immersive content, media and entertainment industry investments, live
events and sports broadcasting, gaming industry integration, educational and
training applications.
The volumetric video market size is expected to see exponential growth in the
next few years. It will grow to $10.77 billion in 2029 at a compound annual
growth rate (CAGR) of 31.7%. The growth
in the forecast period can be attributed to expansion in healthcare
applications, cinematic experiences in theme parks, enhanced content creation
tools, global expansion of volumetric video studios, accessibility and
standardization efforts. Major trends in the forecast period include
advancements in capture technology, virtual conferencing and events,
cloud-based volumetric video services, real-time volumetric video streaming,
collaborations and partnerships.
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Which
Market drivers have played a significant role in driving the volumetric video
market?
The upsurge in the usage of augmented reality is expected to propel the growth
of the volumetric video market. Volumetric video capture technology is an
approach that digitizes a three-dimensional space, such as an object, volume of
space, or environment in real time using a collection of cameras set around a
target. Augmented reality is successful in delivering cultural heritage
applications, including exhibition data management, architectural and
environmental heritage reconstruction, representation, exhibition curation, and
storytelling. For instance, in May 2023, according to VeeRuby Technologies Pvt
Ltd., an India-based company specializing in augmented reality (AR) and virtual
reality (VR) development, there will be 1.4 billion active AR user devices. By
2028, AR will hit the revenue mark of $340 billion. Hence, the increasing
adoption and utilization of AR devices is expected to boost the market in the
forecast period.
What are the key segments within 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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Which
key players are shaping the volumetric video market?
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
Which transformative trends will shape the volumetric video market landscape?
Technological advancement is a key trend gaining popularity in the volumetric
video market. New technologies enable transparency in delivery and networked
logistics paths. For instance, in February 2022, Wild Capture, a US-based
volumetric technology platform and creative services studio, launched the
Digital Human Platform to develop XR technologies and offer turnkey production
services for the creation of digital humans, volumetric crowds, and CG fashion
for media production, software and web-based deliveries, and volumetric video.
How do regional factors impact the volumetric video market, and which region is
the largest contributor?
The countries covered in the volumetric video market report are Australia,
Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea,
UK, USA, Canada, Italy, Spain.
What Does The Volumetric Video Market Report 2025 Offer?
The volumetric video market research report from The Business Research Company
offers global market size, growth rate, regional shares, competitor analysis,
detailed segments, trends, and opportunities.
The volumetric video allows the audience to focus on the content and,
therefore, the message by mirroring the unique visual and emotional reality of
the filmed actors to the audience. The volumetric video are used to digitize a
three-dimensional (3D) space, such as the volume of a space, object, or
environment in real-time using a number of cameras set around a target.
Volumetrically captured objects, environments, and living entities can be
digitized and repositioned on the mobile, web, or virtual worlds and viewed in
3D.
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