A motion-tracking system tracks the movement of the object and transmits the sensed data to the application for further processing. It provides real-time information about the moving object to the system produced from motion tracking. Specially equipped hardware & software programs are required to capture data from motion tracking.
Motion tracking intensifies human-computer interaction, and consequently, is a crucial aspect in the computer animation of a 3-D model. For surveillance, video tracking can be used to locate a moving object using a camera for tracking unusual user movement. Specialized gear or clothing with embedded sensors can be worn by the user for more convenient motion tracking. In such a case, motion data is sensed by the sensors rather than captured by cameras. Such aspects throw a positive stretch toward the growth of the motion-tracking system market.
The increasing demand for motion-tracking systems in an array of industries is driving the growth of the global motion-tracking system market. Some of the major technologies involved are virtual reality and security/surveillance systems. Computer vision is one of the prime areas of interest where 3D motion capture allows game developers to recreate real-time body picture motions with an artificial 3D environment. Moreover, the field of gaming opens avenues of possibilities in fields such as robotics, virtual reality (VR), and augmented reality (AR) applications.
The increasing usage of computer vision technology in commercial and government sectors is also promoting the growth of 3D motion capture technology. In the entertainment industry, motion tracking is essential behind the scenes of movies and games. Considering all aspects, 3D motion capture is pegged to be one of the most dynamic and competitive industries in media and entertainment.
Study Period | 2020-2032 | CAGR | % |
Historical Period | 2020-2022 | Forecast Period | 2024-2032 |
Base Year | 2023 | Base Year Market Size | USD XX Billion |
Forecast Year | 2032 | Forecast Year Market Size | USD XX Billion |
Largest Market | North America | Fastest Growing Market | Europe |
North America is expected to witness dynamic growth in the global motion tracking system market during the forecast period, 2019–2026. This is attributed to the growing demand for better visual effects and animations from the entertainment industry. Additionally, the vice-like presence of key players in the region is expected to fuel market growth. Moreover, Hollywood, the biggest entertainment industry present in this region, is further expanding the motion tracking system market. The MoCap technology is used in films and games to obtain more realistic human movements. Such advancements and their widespread adoption are projected to fuel market growth in the region. For instance, a well-known example of motion capture technology is Avatar; the ability of the software in providing high-quality, accurate, real-time data is expected to surge the demand for motion tracking systems across military and healthcare sectors.
Europe and Asia-Pacific are expected to witness significant growth in the motion tracking system market, owing to the rapid technology advancements and stringent government regulations on security surveillance in the region. An era of mass surveillance is emerging across Europe; surveillance cameras are set up to record clips based on motion detection by remotely monitoring activities from any device across the network.
The LAMEA region is expected to witness healthy growth in the motion tracking system market due to extensive use of motion tracking technology in the game development industry.
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Based on type, the market is segmented into ultrasonic, optical, and magnetic. The global motion tracking system market is expected to witness substantial growth, owing to the increasing investments in the development of optical motion tracking systems for live shows and film studios. Furthermore, the recreation of complex and realistic physical movements to simplify it for ideal usage is also anticipated to drive market growth.
Based on application, the market is segmented into the wireless tracker, head tracker, hand & finger tracker, vision tracker, and others.
Based on end-user, the market is segmented into sports, medical, military, and others. Motion tracking systems are primarily employed in military, entertainment, sports, and medical applications, the validation of computer vision, and the robotics sector. Additionally, they are used in filmmaking and video game development. The high quality of data output offered by optical systems is further augmenting market growth.
The COVID-19 pandemic has caused a global healthcare crisis, resulting in a change in healthcare delivery in most areas. Most unrelated surgeries were postponed in the first half of 2020 to slow the spread of the virus and reduce the strain on healthcare infrastructure. According to Indiana University researchers, healthcare visits declined by approximately 40% in the first six weeks of the pandemic in the U.S, from early March to mid-April.
Following the relaxation of constraints, there has been a general decrease in people postponing seeking care and treatment in healthcare facilities. Furthermore, the slowdown in clinical trial enrollment has pushed back the launch of novel treatments. These considerations may have had a detrimental influence on the autoinjector industry, particularly with its usage in healthcare facilities beginning in early 2020.
However, the overall effect on the autoinjectors market is considered positive, especially during the forecast period, due to several factors. In the biologics space, there has been a shift toward higher delivery volumes and less frequent dosing, which can be achieved through suitably customized autoinjectors.
The COVID-19 pandemic has accelerated the trend of self-injection, allowing patients to be more involved and in charge of their treatment. The trend boosted newer technology in the autoinjector market for improved regulation of injection speed, injection site discomfort, and treatment of anxiety.