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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