Report : Asia Pacific 3D Avatar Solution Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Component (Solution and Services), Model (Stylized, Realistic, and Futuristic), and End User (Media and Entertainment, Healthcare, Fashion, and Others)
At 33.2% CAGR, the Asia Pacific 3D Avatar Solution Market is speculated to be worth US$ 142.06 million by 2028, says Business Market Insights
According to Business Market Insights’ research, the Asia Pacific 3D avatar solution market was valued at US$ 25.46 million in 2022 and is expected to reach US$ 142.06 million by 2028, registering a CAGR of 33.2% from 2022 to 2028. Adoption of 3D avatar technology by healthcare industry and integration of 3D avatars in gaming industry are the critical factors attributed to the Asia Pacific 3D avatar solution market expansion.
The healthcare industry has increased its investment in new advanced technologies to offer customized and efficient treatment plans. 3D scanners are being adopted by the healthcare industry to generate an accurate model of a human body or other individual parts. The adoption of these models is expected to increase in various fields such as plastic surgery, orthopedic surgery, and prosthetic care. It will enable healthcare professionals to try and test treatment plans and other routine and labor-intensive tasks before the operation. Advanced 3D scanners enable doctors to recognize body geometry in minimal time without affecting the human body with harmful radiation. Therefore, these scanners are expected to replace traditional hospital equipment, thereby reducing manual efforts and errors in body measurements and diagnosis of patients. 3D scanners are adopted across hospitals for building functional prosthetic devices and performing plastic surgery and skull development, especially for children. Thus, the rising adoption of 3D avatar technology by the healthcare industry across the region is further expected to contribute to the growth of the Asia Pacific 3D avatar solution market over the forecast period.
On the contrary, high preference of shopping from of brick-and-mortar stores hurdles the growth of Asia Pacific 3D avatar solution market.
Based on component, the Asia Pacific 3D avatar solution market is bifurcated into solution and services. The solution segment held 73.2% market share in 2022, amassing US$ 18.63 million. It is projected to garner US$ 105.94 million by 2028 to expand at 33.6% CAGR during 2022–2028.
Based on model, the Asia Pacific 3D avatar solution market is segmented into stylized, realistic, and futuristic. The stylized segment held 44.8% market share in 2022, amassing US$ 11.42 million. It is projected to garner US$ 59.68 million by 2028 to expand at 31.7% CAGR during 2022–2028.
Based on end user, the Asia Pacific 3D avatar solution market is segmented into media and entertainment, healthcare, fashion, and others. The fashion segment held 35.1% market share in 2022, amassing US$ 8.94 million. It is projected to garner US$ 48.49 million by 2028 to expand at 32.5% CAGR during 2022–2028.
Based on country, the Asia Pacific 3D avatar solution market has been categorized into China, India, Japan, South Korea, Australia, and rest of Asia Pacific. Our regional analysis states that China captured 35.8% market share in 2022. It was assessed at US$ 9.12 million in 2022 and is likely to hit US$ 54.91 million by 2028, exhibiting a CAGR of 34.9% during the forecast period.
Key players dominating the Asia Pacific 3D avatar solution market are Bodygee AG, Osensus GmbH, Polyga Inc, Texel Inc LLC, and TG3D Studio Inc among others.
Contact Us
Contact Person: Sameer Joshi
Phone: +1- 646- 491- 9876
Email id: sam@businessmarketinsights.com