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The Digital Human market is currently witnessing a lot of growth due to various conditions in the market that affect this revolutionary technology. The increasing demand for personalization and interactive customer experiences has been one of these factors. Digital humans are now able to interact with customers through AI and NLP technologies making it possible for conversations to be had in real-time scenarios. This makes them particularly useful in certain industries such as customer service where they improve user experience, create tailor made moments, thereby enhancing customer satisfaction and retention rates.
Another important aspect of the growth of Digital Human Market is the rising trend of virtual influencers and brand ambassadors. Through digital humans as virtual representatives, companies are reaching their audience via social media and other digital platforms. These virtual influencers provide unique and interactive channels through which brands can tell stories, promote products and create a digital presence. One thing that has led to digital human growing faster is its ability to connect with people on a personal level.
Technological advancements especially in AI (Artificial Intelligence) and machine learning play a significant role towards the development and adoption of digital humans. As these technologies continue evolve, digital humans become more complex enabling them to understand context cues, emotions, etc., for better interactions. This technological progress has unlocked new uses for this technology in sectors like healthcare, education, entertainment and retail.
The rise of human-machine collaboration is affecting Digital Human market too. In order to boost efficiency in business operations, organizations are incorporating these types of employees into their workflow. In healthcare for example, there are such digital individuals who help patients take care of themselves or even help them during mental recovery processes or even medical training programs. On the other hand, when it comes to education they act as tutors who can be interacted with by students so as provide personalized lessons There are multiple implications emerging from this collaborative nature across various domains as far as performance improvement is concerned among human beings.
Emerging market factors include accessibility and inclusivity within the Digital Human space. For instance; it becomes easy for disabled persons to obtain aid with individualized support hence enhancing access to online services by means of virtual humans. This inclusiveness reflects an ongoing trend within technology generally toward solutions designed specifically for different users: such broadening scope ensures that digital people’s benefits reach wide-ranging categories globally.
Security concerns are key drivers shaping the future direction that Digital Human takes ethically. Privacy issues regarding data protection get more pronounced with increased integration of artificial intelligence (AI). It is imperative that a delicate balance is struck between innovation and ethical use of technology if any trust in the Digital Human market is to be maintained. Towards this end, firms that are venturing into the digital human industry are focusing more on increasing their security measures as well as coming up with ethical guidelines.
Digital humans have made significant impacts on the entertainment industry, appearing as characters in movies and video games, or performing virtual concerts. The realistic replication of human expressions and emotions through digital humans enhances audience’s immersion creating room for originality and telling stories in new ways.
Covered Aspects:
| Report Attribute/Metric | Details |
|---|---|
| Segment Outlook | Product Type, Technology, Application, Industry Vertical |
Digital Human AI Avatars Market Highlights:
Digital Human (AI Avatars) Market Overview
Digital Human (AI Avatars) Market Size was valued at USD 4.83 billion in 2022. The Digital Human (AI Avatars) Market industry is projected to grow from USD 5.59 billion in 2023 to USD 67.54 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 31.9% during the forecast period (2023 - 2032).
A digital person, also known as an AI avatar, is a lifelike virtual depiction of a human driven by artificial intelligence (AI) technologies. These avatars are created to imitate human look, behavior, and interaction, frequently blurring the barrier between reality and virtuality. Digital humans can take many forms, ranging from 2D and 3D characters to realistic humanoid figures, and they can be utilized in a wide range of applications, including customer service, virtual assistants, entertainment, healthcare, and education. Natural language processing (NLP), speech recognition, facial recognition, and machine learning capabilities are frequently included, allowing them to participate in meaningful conversations, interpret user gestures, and react to enquiries with human-like interactions. Digital people have the potential to transform how we interact with technology and provide more personalized and immersive experiences across a wide range of fields, making them an exciting and quickly expanding area of AI and human-computer interaction.
FIGURE 1: DIGITAL HUMAN (AI AVATARS) MARKET SIZE 2018-2032 (USD BILLION)
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
Digital Human (AI Avatars) Market Trends
Improvements in cutting-edge technologies like AI
Because of technological advancements and fundamental gains in artificial intelligence, the market for human digital avatars is rising. Technological advancements have enabled the creation of virtual assistants, analogous to virtual teachers in school. These computerized human avatars promote active, interactive learning at the pace of the learner and can be customized for the user's convenience. They are also used in the healthcare business to improve teaching and learning opportunities through medical simulation and training. They are used in retail to deliver more interesting and personalized experiences for customers. As a result, new technological advances such as AI will broaden the possible applications for digital human avatars, accelerating market growth in the near future. Improved speech recognition technology allows digital persons to more accurately perceive and respond to spoken orders and inquiries. This is very useful in applications such as virtual assistants and customer care chatbots. Technological advances in 3D modeling, animation, and rendering result in increasingly realistic and visually appealing digital humans. Conversations become more engaging and relatable because these avatars can closely resemble humans.
Digital Human (AI Avatars) Market Segment Insights
Digital Human (AI Avatars) Product Type Insight
The Digital Human (AI Avatars) Market, in this report, has been segmented based on Product Type into interactive digital human avatar and non-interactive digital human avatar.
The interactive digital human avatar segment holds the largest share of the total market. Because companies are working on various R&D activities, product launches, and innovations in existing product lines, the interactive digital human avatar segment is expected to account for a significantly large revenue share in the global market over the forecast period. NTT DATA will also present its latest Al-powered digital human platform, Lottie. Lottie will be an informative and entertaining guide for visitors, providing information about the event, players, and sport itself, as well as aiding attendees in navigating the course. This interactive and engaging product, which incorporates multimedia components such as voice, video, and graphics, represents the future of customer service across multiple industries, integrating the best aspects of digital and human interactions.
FIGURE 2: DIGITAL HUMAN (AI AVATARS) MARKET, BY PRODUCT TYPE, 2022 VS 2032 (USD BILLION)
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
Digital Human (AI Avatars) Technology Insights
The Digital Human (AI Avatars) Market, in this report, has been segmented on the basis of Technology into 3D scanning, 3D modelling, natural language processing, natural language generation, and artificial intelligence (AI).
The artificial intelligence (AI) segment holds the largest share of the total share. This is due to the fact that AI is required for the creation of realistic and lifelike digital human avatars. The avatar's facial expressions, body motions, and voice are generated using AI. These artificial human avatars can understand and interpret human language, identify facial expressions and gestures, simulate emotions, and respond dynamically to user interactions thanks to AI technology. This level of intricacy and adaptability is critical in producing lifelike and compelling digital human avatars that may be used in a variety of industries, ranging from customer service to entertainment and education. Furthermore, AI is continuously evolving, allowing AI avatars to become ever more capable and adaptable. Natural language processing (NLP), machine learning, and deep learning are advanced AI technologies that help to improve the realism, responsiveness, and intelligence of these avatars.
Digital Human (AI Avatars) Industry Vertical Insights
The Digital Human (AI Avatars) market in this report has been segmented on the basis of industry vertical into gaming, retail, entertainment, BFSI, IT & telecommunications, education, health & sports, automotive, advertisement and others.
The entertainment segment holds 23.2% of the total share. Digital human avatars provide entertainment creators with unprecedented creative freedom and control. Filmmakers and animators can manipulate and fine-tune these avatars' appearance, behavior, and narrative arcs to meet their artistic vision. This adaptability enables the study of varied storytelling styles, character development, and imaginative worlds that would be difficult or costly to accomplish using traditional methods. Artists, animators, and performers can collaborate remotely using digital human avatars, allowing them to work from separate locations.
Digital Human (AI Avatars) Application Insights
The Digital Human (AI Avatars) market in this report has been segmented on the basis of Application into virtual agents, virtual assistants, virtual influencers, virtual companions, and virtual characters.
The virtual agents segment holds the largest share of the total market share. Virtual agents are AI-powered chatbots or virtual assistants that can interact naturally with people. They are utilized in many different fields, including customer service, education, and healthcare. There are various reasons why the virtual agents business is leading. For starters, virtual agents are growing more complex and can now do a broader range of jobs. Second, the cost of producing and deploying virtual agents is falling, making them more accessible to organizations. Third, the growing use of AI technology is raising the demand for virtual agents.
Digital Human (AI Avatars) Regional Insights
Based on Region, the global Digital Human (AI Avatars) is segmented into North America, Europe, Asia-Pacific, Middle East & Africa, and South America. Further, the major countries studied in the market report are the U.S., Canada, Germany, UK, Italy, Spain, China, Japan, India, Australia, UAE, and Brazil.
The North America Digital Human (AI Avatars) market has the largest market share region for global Digital Human (AI Avatars). Factors such as increased activity by leading market players, such as new releases and product expansions, among others, are driving revenue growth in this region's digital human avatar market. Ogilvy, for example, launched Reality, a specialized digital experience lab' geared at studying and creating novel applications of technologies such as Augmented Reality (AR), Virtual Reality (VR), and Non-Fungible Tokens (NFTs). Dickon Laws, Ogilvy's global head of innovation, will lead the studio, which will serve as an 'innovation translator, pathfinder, and risk navigator' for network customers.
The Asia-Pacific Digital Human (AI Avatars) market has the largest growth rate. Factors such as increased activity by leading market players, such as new releases and product expansions, among others, are driving revenue growth in this region's digital human avatar market.
FIGURE 3: DIGITAL HUMAN (AI AVATARS) MARKET SIZE BY REGION 2022 VS 2032 (USD BILLION)
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
Digital Human (AI Avatars) Market- Key Market Players and Competitive Insights
The Digital Human (AI Avatars) market is a highly competitive industry making substantial investments in research and development to expand their product/service portfolios, contributing to the market's robust growth. The market is characterized by the presence of established and large Digital Human (AI Avatars) companies, as well as many smaller and emerging players such as Roblox Corporation, Wolf3D. Key developments include new product/service launches, mergers and acquisitions, contractual agreements, increased investments, and collaborations with other organizations. Given the competitive and evolving market landscape, competitors in the digital human (AI Avatars) industry are focusing on cost-effective offerings to thrive and expand.
The competition in the Digital Human (AI Avatars) market is driven by various factors, including pricing, quality, delivery time, and the ability to offer customized solutions to customers. Moreover, partnerships and collaborations with other players in the industry, such as OEMs and suppliers, are crucial for companies to remain competitive in the market. Mergers and acquisitions are also common in the Digital Human (AI Avatars) market, as companies seek to expand their reach and capabilities.
Key Companies in Digital Human (AI Avatars) Market Include
- DeepMotion
- iFLYTEK Corporation
- Inworld AI
- Meta Platforms, Inc.
- Didimo Inc.
- Soul Machines
- Ziva Dynamics
- Tencent Holdings Limited
- Nvidia Corporation
- Microsoft Corporation
- Netease, Inc.
- Epic Games, Inc.
- Roblox Corporation
- Wolf3D
- Hour One
- Spatial Systems, Inc.
Digital Human (AI Avatars) Industry Developments
December 2021, Synthesia, a startup based in London, U.K. that is building AI-based video avatars of actual people, announced a USD 50 million funding round led by Silicon Valley venture capital companies Kleiner Perkins and GV, among others.
Digital Human (AI Avatars) Market Segmentation
Global Digital Human (AI Avatars) Product Type Outlook
- Interactive Digital Human Avatar
- Non-Interactive Digital Human Avatar
Global Digital Human (AI AVATARS) Technology Outlook
- 3D Scanning
- 3D Modelling
- Natural Language Processing
- Natural Language Generation
- Artificial Intelligence (AI)
Global Digital Human (AI AVATARS) Application Outlook
- Virtual Agents
- Virtual Assistants
- Virtual Influencers
- Virtual Companions
- Virtual Characters
Global Digital Human (AI AVATARS) Industry Vertical Outlook
- Gaming
- Entertainment
- BFSI
- IT & Telecommunication
- Education
- Automotive
- Advertisement
- Health & Sports
- Others
Digital Human (AI Avatars) Market Regional Outlook
-
North America
- US
- Canada
- Mexico
-
Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
-
Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia-Pacific
-
Middle East & Africa
- Saudi Arabia
- UAE
- South Africa
- Rest of the Middle East & Africa
-
South America
- Brazil
- Argentina
- Chile
- Rest of South America
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