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Volumetric Video A Blossoming Market | Sensors Magazine
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A MarketsandMarkets’ research report, “Volumetric Video Market by Volumetric Capture & Content Creation, Application, and Geography – Global Forecast to 2023”, indicates that the market for volumetric video is expected to grow from $578.3 Million in 2018 to $2,780.0 Million by 2023, at a CAGR of 36.9% between 2018 and 2023. The report covers both professional and non-consumer applications. Growing demand for 3D/360-degree content in entertainment and AR/VR applications plus more applications of volumetric technology in several end-user industries such as healthcare, architecture, real estate, and media and advertising are major factors driving the growth of the volumetric video market.
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