Volumetric Video Market

Market Leadership - Volumetric Video Market

The global volumetric video market size is estimated to grow from USD 1.4 billion in 2020 to USD 5.8 billion by 2025, at a CAGR of 32.8% between 2020 and 2025. The volumetric video industry is segmented based on volumetric capture into hardware, software, and services. The hardware segment includes 360° cameras, depth sensor units, and processing units. The software segment comprises the photogrammetry software used for volumetric capture. The services include cloud services, streaming, and sharing. The major factors driving the growth of the market are the growing applications of volumetric technology in several end-user industries, surging demand for the enhanced match viewing experience, and increasing demand for 3D/360 content in entertainment and AR/VR applications.

Major players in the volumetric video market are Microsoft Corporation (Microsoft) (US); Intel Corporation (Intel) (US); Facebook, Inc. (Facebook) (US); Google LLC (Google) (US); and 4D View Solutions SAS (4D Views) (France).

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Other major players in the market are Holoxica Ltd (Holoxica) (UK); LightSpace Technologies, SIA (LightSpace Technologies) (Latvia), The Coretec Group Inc. (The Coretec Group) (US); 8i Ltd. (8i) (New Zealand); RealView Imaging Ltd. (RealView Imaging) (Israel); Voxon Photonics (Voxon Photonics) (Australia); Unity Technologies (Unity) (US); IO Industries Inc. (IO Industries) (Ontario), Stereolabs (Stereolabs) (US): Raytrix GmbH (Raytrix) (Germany); OTOY Inc. (OTOY) (US); Samsung Electronics America Inc. (Samsung Electronics America) (US); MRMC (Mark Roberts Motion Control) (UK); Sony Pictures Digital Productions Inc. (Sony Pictures Digital Productions Inc.) (US); Verizon Wireless (Verizon) (US); Canon Inc. (Canon) (Tokyo). Key innovators include HypeVR (HypeVR) (US); Scatter (Scatter) (US); VividQ (VividQ) (UK); and Hammerhead VR (Hammerhead) (UK). Evercoast (Evercoast) (US); HoloCap (HoloCap) (US); HOLOOH - DOORWAY SAS (HOLOOH) (France); Volograms Limited. (Volograms) (Dublin); Volucap (Volucap) (Germany); Humense PTY LTD (Humense PTY LTD) (Australia); DoubleMe, Inc. (DoubleMe) (US); EF EVE (EF EVE) (London); Magic Leap, Inc. (Magic Leap) (US). Fraunhofer HHI (Germany) is a leading research institute involved in the research on volumetric video technology.

Microsoft has been ranked first in the volumetric video market. The company has partnered with Hammerhead VR and Digital Catapult to create volumetric videos and a 3D capture studio. It has also partnered with Volucap (Germany), 8th Wall Inc. (California), and Little Star Media, Inc. (England) to improve its AR/VR related product offerings. The company has scaled its business of volumetric video by entering into a licensed partnership with Dimension Studios in London and Metastage in Los Angeles. Apart from strategic partnerships and collaborations, Microsoft is significantly investing in R&D with an objective to improve volumetric video technology.

Intel is involved in designing, manufacturing, and selling of processing units and depth-sensing cameras. The company fosters its growth by adopting inorganic growth strategies. For instance, the company partnered with Turner Sports to bring virtual reality and volumetric production technology to NBA league media partners using the 360-degree volumetric video with Intel freeD technology. The company is primarily targeting sports and entertainment applications to gain more business traction in the volumetric video market. It has inaugurated Intel Studio with a vision to revolutionize volumetric video technology.

Related Reports:

Volumetric Video Market by Volumetric Capture (Hardware (Camera & Processing Unit), Software, and Services), Application (Sports, Events and Entertainment, Medical, Signage, Education & Training), & Content Delivery and Region - Global Forecast to 2025

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Report Code
SE 6262
RI Published ON
2/24/2020
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