Global Volumetric Video Market is expected to reach USD 2,555.72 million by 2026 from USD 392.25 million in 2018, at a CAGR of 26.5% in the forecast period 2018 to 2025. The years considered for study are as mentioned below.
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Volumetric video is the process which captures the object irrespective of whether it’s a 2D or 3D object whether it’s a static or a moving object, it can also be a location. For moving 3D objects, it requires motion sensing techniques and for static, it is done using imaging. Imaging of 2D or a 3D object is done by using In-depth sensors, which can be directly placed at the body of the object or it can be scanned through using 360 degree cameras. Mesh based and point based scanning is widely used for detailed 3D images, particularly in video games in order to provide a real time imaging to the character. Adding to it, in-depth sensors and 360 degree camera view are processed in a computing engine for implementation of AR or VR or other client based applications, namely sports, entertainment and others.
The market has witnessed developments in terms of merger and acquisitions or product launches to enhance the product portfolio to meet the rising demand of innovative technology. For instance, in August 2017, Australian company Euclideon has presented a holographic model for sale, it is a multi-user table in which users will be able to interact with the data. It will be useful for the companies which have teams at remote locations and will be able to work across the same dataset. In May 2018, Canada based company TeleHumans 2 has developed a 3D based system which is able to project a full 360 degree view of a human without using smart mirrors or smart lens. Image is projected on the telepod which shows a 360 degree view of the object. It will improve the market of the volumetric video coverage.
Intel Corporation dominated the Volumetric Video Market and accounts for the highest market share in 2018 which is followed by Microsoft, RealView Imaging Ltd, 8i Limited, LightSpace Technologies, Facebook, Google, The Coretec Group Inc, Voxon Photonics, Jaunt, Inc, Omnivor, Inc, Hammerhead, Unity Technologies, HypeVR Technology, OTOY Inc., Stereolabs and others.
The company was founded in 1968, headquarters at California, United States. The company focuses on computing, networking, data storage and communication solutions. The company has two operating divisions namely PC-centric and data centric. The PC Centric segment deals in R&D and manufacturing of products related to the commercial and gaming. The PC Centric segment deals in R&D and providing the solutions related to the IoT, cloud and communication service. The PC Centric segment recorded revenue of USD 37.0 billion in 2018 and a growth by 9% as compared to 2017 owing to continued strong demand for Intel's higher performance products and strength in commercial and gaming and the launch of new 9th Gen Intel Core processors and unveiled "Ice Lake" the upcoming, 10nm-based PC processor. PC Centric is engaged in delivering client computing end-user solutions, focusing on higher growth segments of 2-in-1, thin-and-light, commercial, and gaming, as well as growing adjacencies such as WiFi and modem. It is the human touchpoint in a data-centric world. The company is deploying platforms that connect people to data and analytics, allowing each person to focus, create, and connect in ways that unlock their individual potential. As a critical facet of Intel’s business, CCG is transforming the PC into the platform that powers every person’s greatest contribution and fundamentally supports Intel’s data-centric vision of the future. For instance In December 2018, Intel has built the world’s largest immersive media hub, which is a 10,000 square foot, 44 feet high geodesic dome, and outfitted with 96 high-resolution 5K cameras. This hub is all about volumetric capture, which creates voxels or 3D pixels, that render the virtual environment in multi-perspective and spectacular 3D. In January 2018, Intel partnered with Ferrari North America to implement Intel’s AI technology for enhancing the experience of viewers and drivers by applying data from the racetrack. Intel introduced its newly built Intel Studios and made an announcement Hollywood studio, paramount pictures will explore this technology for next-generation visual storytelling.
It has its global networks through direct sales representatives and distributors in the Americas, Europe, Middle East, and Asia-Pacific. The company has various subsidiaries such as Intel International, Inc. (USA), Intel Benelux B.V. (Netherlands), Intel Corporation (UK) Ltd. (UK), Intel China Ltd. (China), Intel China Finance Holding (HK) Limited (Hong Kong), Intel Technology Sdn. Berhad (Malaysia) and others.
Microsoft was founded in 1975 at Washington, United States. The company focuses on enabling digital transformation of the era of an intelligent cloud and an intelligent edge. The company has more than 134,944 employees. The company has three operating divisions namely Productivity & Business Processes, Intelligent Cloud, More Personal Computing.
Productivity and Business Processes segment consists of products and services in our portfolio of productivity, communication, and information services, spanning a variety of devices and platforms and it comprises of Office Commercial, including Office 365 subscriptions and Office licensed on-premises, comprising Office, Exchange, SharePoint, Skype for Business, and Microsoft Teams, and related Client Access Licenses.
Intelligent Cloud segment consists of our public, private, and hybrid server products and cloud services that can power modern business and comprises of Server products and cloud services, including SQL Server, Windows Server, Visual Studio, System Center, and related CALs, and Azure Enterprise Services, including Premier Support Services and Microsoft Consulting Services. For instance in February 2019, Microsoft collaborated with Telecom Egypt in order to expand its global network in Egypt. Under this collaboration, low latency connectivity will be provided across Egypt by Telecom Egypt. This will increase reliability and improves performance of Microsoft services among its customers. Thus, with this partnership, Microsoft will able to cater in Egypt, North Africa and across Middle East with improved connectivity. In February 2019, Microsoft Corporation announced a strategic partnership with Telefonica, in order to transform the telecommunications industry. Both the companies will combine their AI-powered digital assistant and unique customer proposition. Thus, Microsoft will serve its AI capabilities to a bigger customer base.
More Personal Computing segment consists of products and services geared towards harmonizing the interests of end users, developers, and IT professionals across all devices and comprises of the Windows, including Windows OEM licensing (“Windows OEM”) and other non-volume licensing of the Windows operating system; Windows Commercial, comprising volume licensing of the Windows operating system, Windows cloud services, and other Windows commercial offerings; patent licensing; Windows IoT; and MSN advertising, Devices, including Surface, PC accessories, and other intelligent devices, Gaming, including Xbox hardware and Xbox software and services, comprising Xbox Live transactions, subscriptions, and advertising (“Xbox Live”), video games, and third-party video game royalties. The more personal segment recorded revenue of USD 42,276 million in 2018 and a growth by 8% as compared to 2017 owing to higher revenue from Gaming, Windows, Search advertising, and Surface, offset in part by lower revenue from Phone. Like the Windows operating system is designed to deliver a more personal computing experience for users by enabling consistency of experience, applications, and information across their devices. Windows 10 empowers people with AI-first interfaces ranging from voice-activated commands through Cortana, inking, immersive 3D content storytelling, and mixed reality experiences. Cloud sharing and co-authoring experiences are now natively enabled with OneDrive files on demand. Windows 10 is more accessible for everyone with new features like Eye Control, which gives people the ability to operate a PC using just their eyes.
It has its global networks through direct sales representatives and distributors in the North America, Latin America, Europe, Middle East & Africa, and Asia Pacific. The company has various subsidiaries such as Skype Technologies (USA), Citus Data, Inc. (USA), Xamarin (USA), LinkedIn Corporation (USA), FSLogix, Inc. (USA) among others.
Founded in 1998, headquarters at California, United States. The company focuses on internet-related services and products, which include online advertising technologies, search engine, cloud computing, software, and hardware. The company has two operating divisions Google Advertising, Google Other. The other bets segment consists of multiple operating segments that are not individually material. Other Bets includes businesses such as Access, Calico, CapitalG, GV, Nest, Verily, Waymo, and X. Google segment consists of main products such as Ads, Android, Chrome, Commerce, Google Cloud, Google Maps, Google Play, Hardware, Search, and YouTube. The google advertising segment recorded revenue of USD 95,375 million in 2018 and a growth by 20.14% as compared to 2017 leading to an era of increasingly using multiple devices and modalities to access products and services and helping the users to access the Internet via multiple devices and modalities. And as users in developing economies increasingly come online, as well as the advent of the multi-device world has brought opportunities in emerging markets, company is continuing to develop localized versions of its products which are useful to its users. For example, an increase in YouTube engagement ads, which monetize at a lower rate than traditional desktop search ads. In February 2019, Google launched a program named as Be Internet Awesome, with its partners National PTA, Family Online Safety Institute (FOSI), the David's Legacy Foundation and Disney’s Wreck It Ralph film “Ralph Breaks the Internet, for ensuring safer and confident exploration for kids. It included a curriculum for parents, teachers and adventure-packed game for kids. The program was based on the concept of “Together for a better internet”, which is focused on safer internet for younger kids. In February 2019, Google launched two new apps; Live Transcribe and Sound Amplifier, to help people with hearing loss. Live Transcribe provides deaf or hard of hearing, with greater independence in their regular interactions and Sound Amplifier makes the audio easier and clearer to hear for them. Such innovative advancements in technology brings an opportunity for the company to dominate in that technology.
It has its global networks through direct sales representatives and distributors in North America, Latin America, Europe, Middle East & Africa, and Asia Pacific. The company has various subsidiaries such as @Last Software, Inc. (U.S.), Aegino Limited (Ireland), At Last Software GmbH (Germany), Endoxon Ltd. (Switzerland), Google Akwan Internet Ltda. (Brazil), Google Argentina S.R.L. (Argentina) among others.
Global Volumetric Video Market – Industry Trends and Forecast to 2028
Asia-Pacific Volumetric Video Market – Industry Trends and Forecast to 2030
Europe Volumetric Video Market - Industry Trends and Forecast to 2028
Middle East and Africa Volumetric Video Market - Industry Trends and Forecast to 2028
North America Volumetric Video Market – Industry Trends and Forecast to 2028