The 3D audio market is expected to witness massive growth owing to rising adoption of 3D audio in gaming. Several advanced game development companies are replacing their traditional gaming 2D audio system with 3D audio and this is another major prospect stimulating overall growth of the 3D audio market, globally.
Companies are incorporating several advanced specialized neuro-auditory research and advanced digital sound processing (DSP) processes that can be incorporated straight into a game’s sound engine. In addition, the film industry across the globe is witnessing massive demand, as in the recent years the cinema industry is witnessing massive advancement. This is likely to propel overall market growth.
Booming Virtual Reality and Augmenting Reality in Museum to Influence Market Growth
The flourishing virtual reality (VR) and augmenting reality (AR) and its increasing usage in exhibitions and museum is another factors propelling demand in the global market. The cinema industry in the global market is witnessing massive growth and in the coming year the cinema industry is witnessing massive growth and this is one of the major prospect propelling global demand. The growing popularity of 3D audio in cinema industry and VR penetration in the end-user market is stimulating market growth at large scale.
Cinema Digitalization and Proliferating Portable Device to Boost Demand in Asia Pacific Market
From a geographical point of view, Asia Pacific is likely to dominate global 3D audio market owing to growing usage of portable media device and cinema digitalization is likely to stimulate market growth. China account for massive demand in the Asia Pacific countries which is further trailed by Japan. However, the 3D audio market is expected to expand at significant CAGR over the forthcoming period. The growing Cinema industry across the globe is propelling demand for 3D audio market.