Market Forecast for Virtual Tour Platforms: Matterport, 3DVista, IStaging, Roundme

August 29, 2023

The market for virtual tour platforms expanded primarily as a result of rising R&D expenditures globally.

Report’s Purpose for the Virtual Tour Platform

Through interactive multimedia content, users of a virtual tour platform can explore and experience far-off places or environments. Virtual tour platforms enable users to virtually navigate and interact with physical spaces as if they were physically present by utilizing cutting-edge technologies like 360-degree photography, virtual reality (VR), and augmented reality (AR). These platforms offer a dynamic and interesting method to present locations and environments, and they serve a variety of businesses including real estate, tourism, education, and entertainment. Platforms for generating, hosting, and distributing virtual tours often offer these functionalities. In order to create seamless panoramic views, content producers employ specialized cameras to take 360-degree photos or films. Through the use of web browsers, mobile devices, or even VR headsets, users can explore these landscapes, increasing their sense of presence and immersion.

 

The following list highlights the market’s titled segments and subsectors: Business Size (Small & Medium Business, Large Business), Application (Real Estate Professionals, Tourism Industries, Marketing Professionals, Others), Type (Cloud based, Web based), Price, Operating System (Mac, Windows, IOS, Android, Others), One-Time License, Monthly, Annual.

Market forces:

Internet Use Is Spreading Wider and Smartphone Adoption Is Growing

The Growing Construction Sectors in Developed and Developing Nations

Industry Trends:

High Uptake of Applications Using the Cloud

The construction industries are seeing an increase in demand for 3D and 360-degree virtual tours.

Opportunities:

Developing countries’ tourism industries are expanding.

The introduction of virtual reality, artificial intelligence, and the internet of things

Regions:

North America, Europe, Asia Pacific, Oceania, South America, the Middle East, and Africa.

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