Volumetric Video Market Report 2025

The volumetric video market size has grown exponentially in recent years. It will grow from $2.82 billion in 2024 to $3.58 billion in 2025 at a compound annual growth rate (CAGR) of 26.7%. The growth in the historic period can be attributed to increased consumer demand for immersive content, media and entertainment industry investments, live events and sports broadcasting, gaming industry integration, educational and training applications.

The volumetric video market size is expected to see exponential growth in the next few years. It will grow to $10.77 billion in 2029 at a compound annual growth rate (CAGR) of 31.7%. The growth in the forecast period can be attributed to expansion in healthcare applications, cinematic experiences in theme parks, enhanced content creation tools, global expansion of volumetric video studios, accessibility and standardization efforts. Major trends in the forecast period include advancements in capture technology, virtual conferencing and events, cloud-based volumetric video services, real-time volumetric video streaming, collaborations and partnerships.

The rising adoption of augmented reality (AR) is projected to significantly drive the growth of the volumetric video market. Volumetric video capture technology enables the real-time digitization of three-dimensional spaces, such as objects and environments, through a network of cameras positioned around the target. AR applications, particularly in cultural heritage, utilize this technology for exhibition data management, architectural reconstruction, storytelling, and more. For example, a report from VeeRuby Technologies Pvt Ltd. in May 2023 indicated that there are currently 1.4 billion active AR user devices, with projections suggesting that AR revenue could reach $340 billion by 2028. Thus, the increasing adoption and utilization of AR devices are expected to propel the volumetric video market in the coming years.

The expanding film and entertainment industry is anticipated to drive the growth of the volumetric video market. This industry includes the creation, production, distribution, and consumption of various forms of visual and auditory media for entertainment. Volumetric video is utilized in the film and entertainment sector for immersive, interactive storytelling and enhanced content creation, thanks to its capability to capture three-dimensional environments and real-life performances. For example, a report from the British Film Institute in February 2024 indicated that in 2023, 207 films began production in the UK, with total spending on these productions amounting to £1.36 billion ($1.46 billion). Therefore, the increasing film and entertainment industry is expected to boost the volumetric video market during the forecast period.

Technological advancements revolutionize the volumetric video market. For instance, in February 2022, Wild Capture launched the Digital Human Platform, aiming to advance XR technologies. This platform offers production services for creating digital humans, volumetric crowds, and CG fashion for media and software-based deliveries, enhancing the production of volumetric video.

Major companies in the volumetric video industry are adopting a strategic partnership approach to foster innovation and broaden their market reach. Strategic partnerships involve companies leveraging each other's strengths and resources to achieve mutual benefits and success. For instance, in April 2022, Zappar, a UK-based software company, teamed up with Sense of Space, a Finland-based technology firm, to enhance the development of augmented reality (AR) experiences. By combining Zappar's expertise in AR software with Sense of Space's innovative technology solutions, the partnership aims to push the limits of interactive digital experiences, targeting applications across marketing, entertainment, and education.

In August 2023, Arcturus, a US-based volumetric video company, formed a partnership with Microsoft. This collaboration is designed to enhance the accessibility and quality of volumetric video content for diverse applications, including visual effects, broadcasting, and mixed-reality experiences. The partnership will also facilitate greater innovation in mixed-reality production by integrating advanced camera setups and stitching technology into a cohesive pipeline, which will attract content creators and studios focused on immersive media. Microsoft is a technology corporation based in the United States.

Major companies operating in the volumetric video market include Alphabet Inc., Microsoft Corporation, Verizon Communications, Meta Platforms Inc., Sony Group Corporation, Intel Corporation, Canon Inc, Adobe Inc., Dimension, Autodesk Inc., 8I Ltd., DGene, 3nfinite, Unity Technologies, Avid Technology Inc., Blackmagic Design Pty Ltd., Mark Roberts Motion Control, Arcturus Studios, Stereolabs Inc., LightSpace Technologies Ltd., Holoxica Ltd., Evercoast, Boris FX, Light Field Lab, Scatter, 4D View Solutions SAS, OTOY Inc., Disguise, Foundry, HapYak, Holo-Light, Imagineer Systems Ltd., Looking Glass Factory Inc., Magic Leap Inc., Maxon Computer GmbH, NewTek Inc., Nreal, Pixotope Technologies, RealView Imaging, The Foundry Visionmongers, Varjo Technologies Oy, Ventuz Technology AG, VividQ Limited, Vizrt, Volograms, Voxon Photonics, Zero Density.

North America was the largest region in the volumetric video market share in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the volumetric video market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the volumetric video market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Volumetric video captures three-dimensional spaces, objects, or environments in real-time using multiple cameras. This technology digitizes and repositions entities within mobile, web, or virtual environments, offering viewers a 3D immersive experience.

Volumetric video systems comprise key components: hardware, software, and associated services. The hardware involves deploying multiple cameras and processing units to capture and digitize three-dimensional spaces, enabling the repositioning of objects within mobile, web, or virtual environments for 3D viewing. Content from volumetric video can be delivered through projectors, AR/VR head-mounted displays (HMDs), smartphones, and specialized volumetric displays. Volumetric video technology finds applications in diverse sectors such as sports, entertainment, medical fields, signage, advertising, as well as education and trainin.

The volumetric video market research report is one of a series of new reports that provides volumetric video market statistics, including volumetric video industry global market size, regional shares, competitors with a volumetric video market share, detailed volumetric video market segments, market trends and opportunities, and any further data you may need to thrive in the volumetric video industry. This volumetric video market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The volumetric video market includes revenues earned by entities by high-end capture, sensor-based capture, and mobile device capture technologies. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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