European Players Participation to Drive the Global 3D Telepresence Market

Published: Nov 2023

The global 3D telepresence market is anticipated to grow at a significant CAGR of 15.2% during the forecast period (2023-2030). The growing players participation to expand the 3D telepresence reach is a key factor driving the growth of the global market. For instance, in November 2022, Deutsche Telekom and its subsidiaries Telekom Security, T-Labs, and T-Systems are collaborating with a host of partners to present SPIRIT, a project focused on developing “Europe’s first real-time immersive telepresence” applications. SPIRIT’s backers cited a growth in demand over recent years for virtual interaction tools, including video conferencing applications, as a stimulant for the concept. The project aims to bring an “authentic human connection” to virtual meetings through the use of real-time immersive telepresence solutions. One use-case mentioned was the creation of 3D meeting experiences that will utilize extended reality technologies. The project is supported and funded by the European Commission’s €95.5bn (£83bn) Horizon Europe R&D programme. 

Browse the full report description of “3D Telepresence Market Size, Share & Trends Analysis Report by Offering (Software and Services), and by Application (Education, Advertising, Conferencing, and Customer Service), Forecast Period (2023-2030)” at https://www.omrglobal.com/industry-reports/3d-telepresence-market

Further, in November 2020, Holoxica has introduced a new style of video conferencing for the modern landscape. The company has developed the first glasses-free video conferencing solution for remote workers. The funding to create a 3D system for video conferencing that required no headset or 3D glasses was given through the Innovate UK government industrial strategy, part of the UK Research and Innovation department. Innovate UK efforts are currently focused on finding unique responses to the issues caused by COVID-19. Such developments across Europe are contributing to the global market growth.

Market Coverage

The market number available for – 2022-2030

Base year- 2022

Forecast period- 2023-2030

Segment Covered- 

o By Offering 

o By Application

Regions Covered-

o North America

o Europe

o Asia-Pacific

o Rest of the World

Competitive Landscape- including Microsoft Corp., Cisco Systems Inc., ZTE Corp., Digital Video Enterprises Inc., and Polycom Inc. among others.

Key questions addressed by the report

What is the market growth rate?

Which segment and region dominate the market in the base year?

Which segment and region will project the fastest growth in the market?

Who is the leader in the market?

How are players addressing challenges to sustain growth?

Where is the investment opportunity?

Global 3D Telepresence Market Report Segment

By Offering

  • Software
  • Services

By Application

  • Education
  • Advertising
  • Conferencing
  • Customer Service

Global 3D Telepresence Market Report Segment by Region

North America

United States

Canada

Europe

UK

Germany

Italy

Spain

France

Rest of Europe 

Asia-Pacific

China

India

Japan

South Korea

Rest of Asia-Pacific 

Rest of the World

Latin America 

Middle East & Africa


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