The Latin America, Middle East and Africa Virtual Content Creation Market would witness market growth of 28.6% CAGR during the forecast period (2023-2030).
Lowering the barriers to entry for new content makers is accelerating market growth. Another growth-promoting aspect is the availability of different devices & platforms, which has led virtual content providers to think about producing material that can be accessed and enjoyed across multiple platforms. A number of businesses concentrate on introducing new goods and services to draw in a larger clientele and solidify their position in the market.
By superimposing digital features over the environment, augmented reality content improves it. In order to do this, it may be necessary to create animations, 3D models, and interactive features that can be viewed using AR-capable gadgets like smartphones or smart glasses. The use of AR content is widespread in industries like mobile gaming, advertising, product visualization, and learning environments. 3D models and animations are frequently needed while producing virtual content. To create and sculpt 3D objects, people, and environments, sophisticated software tools are used. By including motion, actions, and interactions, animations give these concepts life. For the creation of engaging and realistic virtual experiences, 3D modeling, and animation are necessary.
With many internet users and widespread use of smartphones, Brazil has a sizable and quickly expanding digital market. This makes the acceptance of technologies for creating virtual content and the use of immersive digital experiences possible. It boasts a devoted gaming community, and the sector has been rapidly expanding. Virtual content creation is essential to the growth of augmented reality experiences, eSports competitions, and virtual reality games. Virtual content creation technologies have become more widely used, and related companies have expanded due to the popularity of gaming and eSports.
The Middle East is renowned for its grand architectural endeavors and thriving real estate sector. Architectural visualization, virtual tours, and interactive property showcase all use virtual content generation technology. To assist clients in visualizing designs, touring properties, and coming to wise architects, conclusions, developers, and real estate firms use virtual reality and 3D information. Middle Eastern governments are heavily funding digital transformation and smart city programs. The construction of digital twins, immersive urban planning models, and virtual simulations for infrastructure projects are all examples of how virtual content creation technologies support the growth of smart cities.
The Brazil market dominated the LAMEA Virtual Content Creation Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $377.3 million by 2030. The Argentina market is showcasing a CAGR of 29.3% during (2023 - 2030). Additionally, The UAE market would register a CAGR of 28.2% during (2023 - 2030).
Based on Solution, the market is segmented into Software, and Services. Based on Content Type, the market is segmented into Videos, Games, and 360-degree Photos. Based on End-use, the market is segmented into Media & Entertainment, Gaming, Automotive, Travel & Hospitality, Real Estate, Retail, Healthcare, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Worldwide Virtual Content Creation Market is Projected to reach USD 23.7 Billion by 2030, at a CAGR of 24.6%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Matterport, Inc., WeVR, WeMakeVR, Koncept VR LLC, VIAR Inc., 360 Labs, Blippar Group Limited, Panedia Pty Ltd., Scapic Innovations Private Limited (Flipkart Pvt. Ltd,) (Walmart Inc.), and Subvrsive, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Solution
By Content Type
- Videos
- Games
- 360-degree Photos
By End-use
- Media & Entertainment
- Gaming
- Automotive
- Travel & Hospitality
- Real Estate
- Retail
- Healthcare
- Others
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Matterport, Inc.
- WeVR
- WeMakeVR
- Koncept VR LLC
- VIAR Inc.
- 360 Labs
- Blippar Group Limited
- Panedia Pty Ltd.
- Scapic Innovations Private Limited (Flipkart Pvt. Ltd,) (Walmart Inc.)
- Subvrsive, Inc.
TABLE 1 LAMEA Virtual Content Creation Market, 2019 - 2022, USD Million
TABLE 2 LAMEA Virtual Content Creation Market, 2023 - 2030, USD Million
TABLE 3 LAMEA Virtual Content Creation Market by Solution, 2019 - 2022, USD Million
TABLE 4 LAMEA Virtual Content Creation Market by Solution, 2023 - 2030, USD Million
TABLE 5 LAMEA Software Market by Country, 2019 - 2022, USD Million
TABLE 6 LAMEA Software Market by Country, 2023 - 2030, USD Million
TABLE 7 LAMEA Services Market by Country, 2019 - 2022, USD Million
TABLE 8 LAMEA Services Market by Country, 2023 - 2030, USD Million
TABLE 9 LAMEA Virtual Content Creation Market by Content Type, 2019 - 2022, USD Million
TABLE 10 LAMEA Virtual Content Creation Market by Content Type, 2023 - 2030, USD Million
TABLE 11 LAMEA Videos Market by Country, 2019 - 2022, USD Million
TABLE 12 LAMEA Videos Market by Country, 2023 - 2030, USD Million
TABLE 13 LAMEA Games Market by Country, 2019 - 2022, USD Million
TABLE 14 LAMEA Games Market by Country, 2023 - 2030, USD Million
TABLE 15 LAMEA 360-degree Photos Market by Country, 2019 - 2022, USD Million
TABLE 16 LAMEA 360-degree Photos Market by Country, 2023 - 2030, USD Million
TABLE 17 LAMEA Virtual Content Creation Market by End-use, 2019 - 2022, USD Million
TABLE 18 LAMEA Virtual Content Creation Market by End-use, 2023 - 2030, USD Million
TABLE 19 LAMEA Media & Entertainment Market by Country, 2019 - 2022, USD Million
TABLE 20 LAMEA Media & Entertainment Market by Country, 2023 - 2030, USD Million
TABLE 21 LAMEA Gaming Market by Country, 2019 - 2022, USD Million
TABLE 22 LAMEA Gaming Market by Country, 2023 - 2030, USD Million
TABLE 23 LAMEA Automotive Market by Country, 2019 - 2022, USD Million
TABLE 24 LAMEA Automotive Market by Country, 2023 - 2030, USD Million
TABLE 25 LAMEA Travel & Hospitality Market by Country, 2019 - 2022, USD Million
TABLE 26 LAMEA Travel & Hospitality Market by Country, 2023 - 2030, USD Million
TABLE 27 LAMEA Real Estate Market by Country, 2019 - 2022, USD Million
TABLE 28 LAMEA Real Estate Market by Country, 2023 - 2030, USD Million
TABLE 29 LAMEA Retail Market by Country, 2019 - 2022, USD Million
TABLE 30 LAMEA Retail Market by Country, 2023 - 2030, USD Million
TABLE 31 LAMEA Healthcare Market by Country, 2019 - 2022, USD Million
TABLE 32 LAMEA Healthcare Market by Country, 2023 - 2030, USD Million
TABLE 33 LAMEA Others Market by Country, 2019 - 2022, USD Million
TABLE 34 LAMEA Others Market by Country, 2023 - 2030, USD Million
TABLE 35 LAMEA Virtual Content Creation Market by Country, 2019 - 2022, USD Million
TABLE 36 LAMEA Virtual Content Creation Market by Country, 2023 - 2030, USD Million
TABLE 37 Brazil Virtual Content Creation Market, 2019 - 2022, USD Million
TABLE 38 Brazil Virtual Content Creation Market, 2023 - 2030, USD Million
TABLE 39 Brazil Virtual Content Creation Market by Solution, 2019 - 2022, USD Million
TABLE 40 Brazil Virtual Content Creation Market by Solution, 2023 - 2030, USD Million
TABLE 41 Brazil Virtual Content Creation Market by Content Type, 2019 - 2022, USD Million
TABLE 42 Brazil Virtual Content Creation Market by Content Type, 2023 - 2030, USD Million
TABLE 43 Brazil Virtual Content Creation Market by End-use, 2019 - 2022, USD Million
TABLE 44 Brazil Virtual Content Creation Market by End-use, 2023 - 2030, USD Million
TABLE 45 Argentina Virtual Content Creation Market, 2019 - 2022, USD Million
TABLE 46 Argentina Virtual Content Creation Market, 2023 - 2030, USD Million
TABLE 47 Argentina Virtual Content Creation Market by Solution, 2019 - 2022, USD Million
TABLE 48 Argentina Virtual Content Creation Market by Solution, 2023 - 2030, USD Million
TABLE 49 Argentina Virtual Content Creation Market by Content Type, 2019 - 2022, USD Million
TABLE 50 Argentina Virtual Content Creation Market by Content Type, 2023 - 2030, USD Million
TABLE 51 Argentina Virtual Content Creation Market by End-use, 2019 - 2022, USD Million
TABLE 52 Argentina Virtual Content Creation Market by End-use, 2023 - 2030, USD Million
TABLE 53 UAE Virtual Content Creation Market, 2019 - 2022, USD Million
TABLE 54 UAE Virtual Content Creation Market, 2023 - 2030, USD Million
TABLE 55 UAE Virtual Content Creation Market by Solution, 2019 - 2022, USD Million
TABLE 56 UAE Virtual Content Creation Market by Solution, 2023 - 2030, USD Million
TABLE 57 UAE Virtual Content Creation Market by Content Type, 2019 - 2022, USD Million
TABLE 58 UAE Virtual Content Creation Market by Content Type, 2023 - 2030, USD Million
TABLE 59 UAE Virtual Content Creation Market by End-use, 2019 - 2022, USD Million
TABLE 60 UAE Virtual Content Creation Market by End-use, 2023 - 2030, USD Million
TABLE 61 Saudi Arabia Virtual Content Creation Market, 2019 - 2022, USD Million
TABLE 62 Saudi Arabia Virtual Content Creation Market, 2023 - 2030, USD Million
TABLE 63 Saudi Arabia Virtual Content Creation Market by Solution, 2019 - 2022, USD Million
TABLE 64 Saudi Arabia Virtual Content Creation Market by Solution, 2023 - 2030, USD Million
TABLE 65 Saudi Arabia Virtual Content Creation Market by Content Type, 2019 - 2022, USD Million
TABLE 66 Saudi Arabia Virtual Content Creation Market by Content Type, 2023 - 2030, USD Million
TABLE 67 Saudi Arabia Virtual Content Creation Market by End-use, 2019 - 2022, USD Million
TABLE 68 Saudi Arabia Virtual Content Creation Market by End-use, 2023 - 2030, USD Million
TABLE 69 South Africa Virtual Content Creation Market, 2019 - 2022, USD Million
TABLE 70 South Africa Virtual Content Creation Market, 2023 - 2030, USD Million
TABLE 71 South Africa Virtual Content Creation Market by Solution, 2019 - 2022, USD Million
TABLE 72 South Africa Virtual Content Creation Market by Solution, 2023 - 2030, USD Million
TABLE 73 South Africa Virtual Content Creation Market by Content Type, 2019 - 2022, USD Million
TABLE 74 South Africa Virtual Content Creation Market by Content Type, 2023 - 2030, USD Million
TABLE 75 South Africa Virtual Content Creation Market by End-use, 2019 - 2022, USD Million
TABLE 76 South Africa Virtual Content Creation Market by End-use, 2023 - 2030, USD Million
TABLE 77 Nigeria Virtual Content Creation Market, 2019 - 2022, USD Million
TABLE 78 Nigeria Virtual Content Creation Market, 2023 - 2030, USD Million
TABLE 79 Nigeria Virtual Content Creation Market by Solution, 2019 - 2022, USD Million
TABLE 80 Nigeria Virtual Content Creation Market by Solution, 2023 - 2030, USD Million
TABLE 81 Nigeria Virtual Content Creation Market by Content Type, 2019 - 2022, USD Million
TABLE 82 Nigeria Virtual Content Creation Market by Content Type, 2023 - 2030, USD Million
TABLE 83 Nigeria Virtual Content Creation Market by End-use, 2019 - 2022, USD Million
TABLE 84 Nigeria Virtual Content Creation Market by End-use, 2023 - 2030, USD Million
TABLE 85 Rest of LAMEA Virtual Content Creation Market, 2019 - 2022, USD Million
TABLE 86 Rest of LAMEA Virtual Content Creation Market, 2023 - 2030, USD Million
TABLE 87 Rest of LAMEA Virtual Content Creation Market by Solution, 2019 - 2022, USD Million
TABLE 88 Rest of LAMEA Virtual Content Creation Market by Solution, 2023 - 2030, USD Million
TABLE 89 Rest of LAMEA Virtual Content Creation Market by Content Type, 2019 - 2022, USD Million
TABLE 90 Rest of LAMEA Virtual Content Creation Market by Content Type, 2023 - 2030, USD Million
TABLE 91 Rest of LAMEA Virtual Content Creation Market by End-use, 2019 - 2022, USD Million
TABLE 92 Rest of LAMEA Virtual Content Creation Market by End-use, 2023 - 2030, USD Million
TABLE 93 Key Information – Matterport, Inc.
TABLE 94 Key Information – WeVR
TABLE 95 Key Information – WeMakeVR
TABLE 96 Key Information – Koncept VR LLC
TABLE 97 Key Information – VIAR Inc.
TABLE 98 Key Information – 360 Labs
TABLE 99 Key Information – Blippar Group Limited
TABLE 100 Key Information –Panedia Pty Ltd.
TABLE 101 Key Information – Scapic Innovations Private Limited
TABLE 102 Key Information – Subvrsive, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 LAMEA Virtual Content Creation Market, 2019 - 2030, USD Million
FIG 3 Key Impacting Factors virtual content creation market
FIG 4 Porter’s Five Forces Analysis –Virtual Content Creation Market
FIG 5 LAMEA Virtual Content Creation Market share by Solution, 2022
FIG 6 LAMEA Virtual Content Creation Market share by Solution, 2030
FIG 7 LAMEA Virtual Content Creation Market by Solution, 2019 - 2030, USD Million
FIG 8 LAMEA Virtual Content Creation Market share by Content Type, 2022
FIG 9 LAMEA Virtual Content Creation Market share by Content Type, 2030
FIG 10 LAMEA Virtual Content Creation Market by Content Type, 2019 - 2030, USD Million
FIG 11 LAMEA Virtual Content Creation Market share by End-use, 2022
FIG 12 LAMEA Virtual Content Creation Market share by End-use, 2030
FIG 13 LAMEA Virtual Content Creation Market by End-use, 2019 - 2030, USD Million
FIG 14 LAMEA Virtual Content Creation Market share by Country, 2022
FIG 15 LAMEA Virtual Content Creation Market share by Country, 2030
FIG 16 LAMEA Virtual Content Creation Market by Country, 2019 - 2030, USD Million
FIG 17 Recent strategies and developments: Matterport, Inc.
FIG 18 SWOT Analysis: Matterport, Inc.
FIG 19 SWOT Analysis: WeVR
FIG 20 SWOT Analysis: WeMakeVR
FIG 21 SWOT Analysis: Koncept VR LLC
FIG 22 SWOT Analysis: VIAR Inc.
FIG 23 SWOT Analysis: 360 Labs
FIG 24 SWOT Analysis: Blippar Group Limited
FIG 25 SWOT Analysis: PANEDIA PTY LTD.
FIG 26 SWOT Analysis: Scapic Innovations Private Limited
FIG 27 SWOT Analysis: Subvrsive, Inc.