DUBLIN, Aug. 27, 2021 /PRNewswire/ — The “Volumetric Video Market – Forecasts from 2021 to 2026” report has been added to ResearchAndMarkets.com’s offering.
The volumetric video market is evaluated at US$186.830 million in 2019 and is projected to grow at a CAGR of 26.18% to reach US$951.438 million in 2026
Volumetric video is a technique that records videos in 3D, capturing an object or a three-dimensional space such as location in real-time. The acquired data using such volumetric video techniques can be viewed using mobile phones, TV, web, or using 3D displays and VR goggles. Volumetric video can be used in shows, live events, presentations, exhibitions, and conferences. Many players in the market have established studios to facilitate volumetric video services to their clients as per their requirements on a custom-made basis. The volumetric video technology with help of multiple captures images of real objects using numerous sensors to detect the motion of the object. These images are used to create dynamically moving 3D models, which can be arbitrary viewpoints in a virtual scene.
For instance, the volumetric video used to record a person can be viewed from all the angles in their real shape and dimension. The increasing number of studios established by major market players for gaming, filmmaking, and other entertainment applications is fuelling growth in the market. For instance, Microsoft has recently partnered with an Immersive media company, Imagine room to…
