The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033

The Business Research Company’s Digital Human Global Market Report 2024 offers crucial insights into the digital human market help businesses analyse and build stronger strategies.

Rapid Market Expansion

• Market Growth: The digital human market is experiencing unprecedented growth. In 2023, it was valued at $22.87 billion and is projected to reach $33.96 billion in 2024.
• CAGR: This represents a compound annual growth rate (CAGR) of 48.5%.

Factors Driving Growth

• AI and Machine Learning: Advancements in these technologies have significantly contributed to market expansion.
• Graphics and Animation: Improved visual capabilities enhance the realism of digital humans.
• VR and AR: The growth of virtual and augmented reality technologies fuels demand.
• Personalized Experiences: Increasing demand for tailored user interactions boosts market interest.
• Cost Reduction and Scalability: Technological advancements reduce costs and enhance scalability.

Future Market Projections

• 2028 Forecast: The market is expected to grow to $166.46 billion by 2028.
• CAGR: Projected growth rate increases slightly to 48.8%.

Read The Full Digital Human Market Report Here:
https://www.thebusinessresearchcompany.com/report/digital-human-global-market-report

Key Growth Drivers in the Forecast Period

• Virtual Commerce Expansion: Increasing integration of digital humans in online retail.
• IoT Integration: Digital humans are becoming integral to smart devices.
• Ethical and Regulatory Considerations: Guidelines and regulations are evolving, influencing market dynamics.
• Metaverse Platforms: Emergence of the metaverse as a key area of development.

Emerging Trends

• Hyper-Personalization: Enhanced customization of digital interactions.
• Multi-Modal Interaction: Integration of various communication modes.
• Collaborative Capabilities: Digital humans working alongside humans in creative processes.
• Diverse Representation: Emphasis on inclusivity and representation.
• Continuous Learning: Digital humans are becoming more adaptive and intelligent.

Robotics in Industrial Applications

• Industry 4.0 and Automation: Increasing use of robots in manufacturing is a significant growth driver.
• Performance and Safety: Robots enhance efficiency and safety in industrial settings.
• Cost Reduction: Automation reduces operational costs.
• Digital Human Complement: Digital humans improve interaction, training, and data visualization in industrial applications.

Industrial Robot Installations

• Statistics: Industrial robot installations in manufacturing increased by 12% in 2022, with 41,624 units.
• Top Adopters: The automotive industry led the way with 20,391 units installed, a 30% rise from 2021.

Leading Companies

• Key Players: Samsung Electronics, Microsoft, Meta Platforms, Tencent, Nvidia, and others dominate the market.

Innovative AI-Powered Technology

• Digital Human SDK: Companies like UneeQ are developing SDKs to facilitate the integration of AI-powered digital humans.
• Benefits: Enhances customer experience, improves web conversion rates, and fosters brand loyalty.

Interactive Storytelling in AR and VR

• Charisma.ai Partnership: Collaboration with UneeQ to leverage interactive storytelling for enhanced digital human experiences.
• Applications: AI-powered digital humans in AR and VR environments offer immersive and interactive experiences.

Market Segmentation

• By Product Type: Interactive and non-interactive digital human avatars.
• By Technology: 3D scanning, modeling, natural language processing, and AI.
• By Application: Virtual agents, assistants, influencers, companions, and characters.
• By Industry: Gaming, entertainment, BFSI, IT, education, automotive, advertising, health, sports, and more.

Regional Insights

• North America: The largest market in 2023.
• Asia Pacific: Expected to be the fastest-growing region in the forecast period.

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The Digital Human Global Market Report 2024  provides a comprehensive outlook of the digital human market for the historic years (2010 – 2021) and ten years forecast (2023 – 2032). The digital human market forecast offers a thorough analysis on digital human market size, digital human market share, prominent players and their strategies.

The Table Of Content For The Digital Human Market Include:
1. Digital Human Market Executive Summary
2. Digital Human Market Segments
3. Digital Human Market Size And Digital Human Market Growth Rate
4. Key Digital Human Market Trends
5. Major Digital Human Market Drivers
……
25. Key Mergers And Acquisitions In The Digital Human Market
26. Top Digital Human Companies
27. Digital Human Market Opportunities And Strategies
28. Digital Human Market, Conclusions And Recommendations
29. Appendix

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