3D Motion Capture System – A Revolution for Media and Entertainment
Motion Capture or mocap is a process in which the movement of people is digitally recorded. 3D motion capture systems are those systems that enable the users to capture those movements with the help of cameras and sensors then processing of those images or videos with the help of processing software. These systems are used across numerous industry verticals ranging from media & entertainment, healthcare, military and defense, sports and, others.
The growing applications of these systems across these industries is considered to be one of the prime factors which is propelling the market growth significantly during the next five years. These systems allow users to capture the real-time motion of humans and objects for attaining the required level of animation. The development of new games coupled with the decent growth in the gaming population is projected to significantly boost the adoption of these systems and thus, augment the market growth in the coming years. The development of VR games for gaming consoles along with the booming adoption of these games will further bolster the market growth.
Segment Overview
The 3D motion capture system market has been segmented on the basis of system, industry vertical, and geography. On the basis of system the 3D motion capture system market has been segmented into optical and non-optical. On the basis of industry vertical, the market has been classified into media and entertainment, healthcare, and others. Geographically, the market is segmented into the Americas, Europe Middle East and Africa, and Asia Pacific.
By system, the optical 3D motion capture system segment is projected to witness a substantial market share throughout the forecast period primarily on account of its wide application across the media and entertainment industry. The burgeoning growth in the making of 3D and high-tech animated movies is driving market growth in the near future. Furthermore, the booming investments by various production houses in 3D studios is further propelling the opportunities for the market to surge in the near future. Also, the rapid advancements in image capturing and processing technologies have enabled a significant increase in the demand for various solutions, thus resulting in the 3D motion capturing systems market growth in the coming years. In addition to this, the growing demand for augmented and virtual reality technology has also resulted in an increasing requirement for 3D capturing technologies, thus further augmenting the market growth in the coming years.
By industry vertical, the media and entertainment industry is anticipated to hold a considerable market share throughout the forecast period. The major factors that bolster the significant share of this segment during the next five years include the high adoption of these systems across the film making and game development sectors due to the rapid growth in the adoption of 3D gaming consoles and movies. Furthermore, the booming investments by developers and filmmakers in the adoption of the latest and advanced technologies further amplify the demand for these systems across this sector. The healthcare sector is projected to witness rapid growth during the next five years burgeoning adoption of these systems across the healthcare sector for the on account of technology adoption technology and investments in healthcare infrastructure in the major developing economies of the world is projected to be a key factor driving the growth of this segment during the next five years. Additionally, the emergence of wireless technologies has led to the development of personalized healthcare systems. This evolution has resulted in the fast global adoption of wearable devices that aids in an uninterrupted transmission of health-related information to service providers. The communication between patient and doctor is clear and precise and is devoid of ambiguities. This is one of the factors which is furthering enabling the growth of wearable display 3D motion capture system market.
Geographically, the North American region is anticipated to hold a major market share on account of the early adoption of technology and well-established semiconductor industry in countries like the United States and Canada among others. Furthermore, the presence of key market players in the region is also supplementing the 3D motion capture system market growthin the North American region during the next five years. The Asia Pacific region is projected to witness a noteworthy CAGR throughout the forecast period on account of rising investments in the up-gradation of healthcare infrastructure and the military and defense sector.
Competitive scenario
The growing investments by key market players as well as small players in the market in the form of R&D for developing new products and expanding the product portfolio along with facility expansions and acquisitions and partnerships in order boost the production to cater to the rising market demand and also to tap the potential that the market holds further shows the potential for the market to surge during the next five years.
- In November 2019, Vicon Motion Systems Ltd announced its partnership with Red Bull for diagnostics and training of athletes for its inertial tracking solution.
- In July 2019, Qualisys AB announced the launch of its latest mocap suit, the one and only suit in the market with scientific accuracy along with comfort.
- PTI Phoenix Technologies Inc., announced the launched the launch of its latest and advanced Visualeyez III VZ10K and VZ10K5 trackers and world’s smallest 3D active optical motion capture system.
ABOUT THE AUTHOR:
Rachit Gulati is a Market Research Analyst at Knowledge Sourcing Intelligence, working on estimates and global/regional specific reports on multiple industries ranging from automation to food and beverages, with a special knack for automotive and healthcare. With the addition of his formal education in Economics, Commerce, and Finance, he is able to provide more light on the macro aspects of the story. To read more articles by him, and for more information regarding multiple global markets, visit https://www.knowledge-sourcing.com.
