Global Digital Avatar Market Size & Outlook, 2023-2030
Global digital avatar market, 2018-2030 (US$M)
Related Markets
Global digital avatar market highlights
- The global digital avatar market generated a revenue of USD 18,190.7 million in 2023 and is expected to reach USD 270,609.2 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 47.1% by 2030.
- In terms of segment, non-interactive digital avatar accounted for a revenue of USD 10,552.7 million in 2023.
- Interactive Digital Avatar is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, U.S. is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 18,190.7 million |
| Market revenue in 2030 | USD 270,609.2 million |
| Growth rate | 47.1% (CAGR from 2023 to 2030) |
| Largest segment | Non-interactive digital avatar |
| Fastest growing segment | Interactive Digital Avatar |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Interactive Digital Avatar, Non-Interactive Digital Avatar |
Other key industry trends
- In terms of revenue, the North America accounted for 44.0% of the global digital avatar market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, U.S. is the fastest growing regional market and is projected to reach USD 79,182.1 million by 2030.
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Digital Avatar Market Scope
Digital Avatar Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global digital avatar market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to digital avatar market will help companies and investors design strategic landscapes.
Non-interactive digital avatar was the largest segment with a revenue share of 58.01% in 2023. Horizon Databook has segmented the Global digital avatar market based on interactive digital avatar, non-interactive digital avatar covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Digital Avatar Product Outlook (Revenue, USD Million, 2018-2030)
- Interactive Digital Avatar
- Non-Interactive Digital Avatar
- Global Digital Avatar Category Outlook (Revenue, USD Million, 2018-2030)
- Virtual Agents & Assistants
- Virtual Influencers
- Others
- Global Digital Avatar Industry Vertical Outlook (Revenue, USD Million, 2018-2030)
- BFSI
- Retail & E-commerce
- Healthcare
- Gaming & Entertainment
- Education & Training
- Automotive
- IT & Telecom
- Others
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Our clientele includes a mix of digital avatar market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global digital avatar market , including forecasts for subscribers. This global databook contains high-level insights into Global digital avatar market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global digital avatar market outlook size, by region, 2018-2030 (US$M)
Top 10 countries: Digital avatar market size, 2023 (US$M)
Global digital avatar market share, by product, 2023 & 2030 (%, US$M)
Digital avatar market: Opportunity assessment by country
Global digital avatar market, by region, 2023 (US$M)
| Product | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 3,484.0 | 3,954.5 | 4,566.6 | 5,368.1 | 6,442.2 | 8,010.3 | 10,321.8 | 13,784.9 | 19,083.6 | 27,388.8 | 40,755.2 | 62,883.1 | 100,612.5 | 43.6% |
| Europe | 1,969.7 | 2,280.1 | 2,687.4 | 3,227.0 | 3,958.9 | 5,036.8 | 6,646.8 | 9,100.6 | 12,929.9 | 19,066.9 | 29,188.4 | 46,394.6 | 76,582.4 | 47.5% |
| Asia Pacific | 1,669.1 | 1,982.0 | 2,396.4 | 2,951.7 | 3,714.7 | 4,848.1 | 6,563.1 | 9,217.9 | 13,434.5 | 20,322.4 | 31,913.4 | 52,035.2 | 88,110.4 | 51.3% |
| Latin America | 74.4 | 88.3 | 106.5 | 131.1 | 164.8 | 214.8 | 290.4 | 407.4 | 593.0 | 895.9 | 1,405.1 | 2,288.2 | 3,869.7 | 51.1% |
| MEA | 28.2 | 33.3 | 40.2 | 49.4 | 62.0 | 80.7 | 108.8 | 152.3 | 221.4 | 333.8 | 522.6 | 849.6 | 1,434.2 | 50.9% |
| Overall | 7,225.4 | 8,338.2 | 9,797.1 | 11,727.3 | 14,342.6 | 18,190.7 | 23,930.9 | 32,663.1 | 46,262.4 | 68,007.8 | 103,784.7 | 164,450.7 | 270,609.2 | 47.1% |
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