Industry Background:
3D telepresence provides depth without the usage of 3D glasses. A human being part of the world appears for two-way communication. This technology is the emergence of new communication techniques. This is highly adopted by the consulting firms to bring personal service to their customers which are not covered by phone, email or any other standard video. It can bring renowned specialists for multiple countries simultaneously.This growth is primarily driven by Growing Demand from Small and Large Enterprises for Low Traveling Costs
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Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Volume Unit | K Units |
Value Unit | USD (Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
The Systems Software sector in the
region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Players, such as Cisco Systems, Inc. (United States), Polycom Inc. (United States), Avaya Inc. (United States), ZTE Corp. (United States), Vidyo Inc. (United States), LifeSize, Inc. (United States), Huawei Technologies Co., Ltd. (China), VGO Communications, Inc. (United States), Teliris Inc. (United States) and Array Telepresence, Inc. (United States), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
In June 2022, Nextech AR Solutions Corp., a prominent provider of augmented reality (AR) experience technologies and services, acquired Threedy.ai, Inc. (Threedy), an artificial intelligence (AI) company located in Silicon Valley, California. This all-stock transaction, valued at USD 9,500,000, marks a significant milestone for Nextech.
In February 2023, At the Mobile World Congress (MWC), Telefónica demonstrates its holographic telepresence technology featuring 3D capture. The company offers an interactive experience at its booth where visitors can enter a capture room and witness their own personalized 3D avatar in real time. These avatars are seamlessly integrated into virtual reality and augmented reality environments, providing an immersive experience.The market is fragmented by market leaders they are focusing on production technologies, improving efficiency and solutions/services. With the rising opportunities are captured by tracking the ongoing process improvement and financial flexibility to invest in optimal strategies.
Influencing Trend:
High Adoption in Consulting Firms
Market Growth Drivers:
Growing Demand from Small and Large Enterprises for Low Traveling Costs and Rising Demand for the 3D Telepresence in the Healthcare Industry
Challenges:
Rising Networking Issues
Restraints:
Required Huge Initial Investments and Installation Costs and Regular Issues Interrelated To Low-Bandwidth Telepresence Systems
Opportunities:
Expansion of Screenless Telepresence Systems by Consuming Holograms and Improvements and Advancements in Telepresence Systems
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mainly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Players landscape impacting the market's growth. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Data Sources of 3D Telepresence Market Study
Primary Collection: InMail, LinkedIn Groups, Survey Monkey, Google, and Other professional Forums are some of the mediums utilized to gather primary data through key industry participants and appointees, subject-matter experts, C-level executives of 3D Telepresence Industry, among others including independent industry consultants, experts, to obtain and verify critical qualitative commentary and opinion and quantitative statistics, to assess future market prospects.
The primary interviews and data collected as per the below protocols: By Designation: C-Level, D-Level, Others
By Company Type: Tier 1, Tier 2, Tier 3
Secondary Data Sources such as Annual reports, Press releases, Analyst meetings, Conference calls, Investor presentations, Management statements, and SEC filings of 3D Telepresence players along with Regulatory Sites, Association, World bank, etc were used as sources secondary set of data.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, 3D Telepresence Study Sheds Light on
The 3D Telepresence Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the 3D Telepresence industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where 3D Telepresence industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.