Pune, India -- (SBWire) -- 06/12/2018 --Global Volumetric Video Market, By Volumetric Capture (Hardware {Processing Unit, Camera Unit), Software, Services), By Application (Medical, Education & Training, Sports, Events & Entertainment, Signage & Advertisement), By Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East & Africa)– Industry Trends and Forecast to 2025

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Global Volumetric Video Market accounted for USD 417.55 million in 2017 and is projected to grow at a CAGR of 38.5% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.

Major Market Drivers and Restraints:

- Rising demand for Ar/Vr applications and 3D/360 content in entertainment
- Growing need for volumetric video technology in events and creative advertisement
- Increasing applications of volumetric technology in different industries
- Accessibility of content creation hardware from varied sources
- Less operative projection under sunlight

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Competitive Landscape:

The global volumetric video market is consolidated due to the presence of limited number of players concentrated in few countries. These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.

Major Market Competitors:

- Google,
- Holoxica Ltd,
- Microsoft,
- The Coretec Group Inc.,
- Facebook,
- Intel Corporation,
- RealView Imaging Ltd.,
- Lightspace Technologies, SIA.,
- Voxon Photonics,
- 8I,
- VividQ,
- Lytro. Inc.,
- Raytrix GmbH
- among others.

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Market Segmentation:

- The global volumetric video market is segmented based on volumetric capture, application and geographical segments.
- Based on volumetric capture, the market is segmented into hardware, software and services. Hardware is sub segmented into processing unit, camera unit.
- On the basis of application, the market is segmented into medical, education and training, sports, events and entertainment, signage and advertisement and others.
- Based on geography, the market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.

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