Virtual Tour Platform Market Overview

The report is titled ‘Virtual Tour Platform Market: Opportunity Analysis and Future Assessment 2020-2028’. An overview of conceptual frameworks, analytical approaches of the virtual tour platform market is the main objective of the report, which further consists of the market opportunity and insights of the data involved in the making of the respective market. The virtual tour platform market is expected to grow at a significant rate in the near future.

The virtual tour platform market is expected to reach US$ 66.6 Bn by 2028 from US$ 14.7 Bn in 2020, at a CAGR of 20.9% during the forecast period of 2020 to 2028.

Virtual Tour Platform Market Definition

A virtual tour is a series of wide-ranging panoramic images that are ‘sewed’ together to form a ‘virtual’ experience of any location. Once formed, the users of the virtual tour have the facility to experience of being somewhere they are physically not present.

This virtual experience could be seen through their laptops, desktop computers, user’s tablets and even user’s mobile devices. Virtual tours, sometimes, also include a few special features like certain sound effects, including music or a narration explaining point of interests or products. Some virtual tours offer special buttons which can be clicked by users to experience different angles of the location or observe a still image or a specific portion of the tour.

Virtual Tour Platform Market Dynamics

Virtual tours are an excellent approach for carrying out destination marketing. If applied in a proper manner, virtual tours have the capacity to boost the revenue to a vast number of vertices comprising the hospitality industry, tourism, manufacturing, learning, and security, among others. Owing to the applications in numerous sectors around the world, the virtual tour platforms are expected to witness immense demand in the global market, thereby elevating the growth of the global virtual tour platform market in the years to come.

By the same token, real estate is constantly lucrative and always up for business growth. The real estate agents, owing to the cutting-edge competition, keep looking for new and innovative ideas for the marketing of various properties. Virtual tours are something realtors can use to digitally promote their properties in a highly unique and fresh manner with providing a 360* degree panoramic view to their customers. Virtual tour is one of the best and most economical ways to display any property to the customer. Attributing to which, the global virtual platform gains enormous traction in the real estate industry worldwide. Therefore, the global virtual tour platform market is expected to flourish positively in the forthcoming years.

Virtual Tour Platform Market Segmentation

The global virtual tour platform market is segmented on the basis of type, end-user, and regions. On the basis of the type, the virtual tour platform market is segmented into cloud-based and web-based virtual tours. On the basis of the end-user, the market is categorized into real estate, travel and hospitality, insurance, education, and others.

By Type

Web-Based Virtual Tour

Cloud-Based Virtual Tour

By End-User

Real Estate

Travel and Hospitality

Insurance

Education

Others

By Region

North America

Latin America

Africa

Europe

Asia Pacific

Middle East

Virtual Tour Platform Market Key Players

The global virtual tour platform market is dominated by 3DVISTA, Concept3D, Cupix, DiveIn Studio, EyeSpy360, iStaging Corp., Matterport, Inc., Professional360 GmbH, RTV Inc., Roundme, among others.

MMC Overview on Virtual Tour Platform Market Report

The non-identical approach of Meridian Market Consultants stands with conceptual methods backed up with the data analysis. The novel market understanding approach makes up the standard of the assessment results that give a better opportunity for the customers to put their effort.

A research report on the virtual tour platform market by Meridian Market Consultants is an in-depth and extensive study of the market based on the necessary data crunching and statistical analysis. It provides a brief view of the dynamics flowing through the market, which includes the factors that support the market and the factors that are acting as impedance for the growth of the market.

Furthermore, the report includes the various trends and opportunities in the respective market in different regions for a better understanding of readers that helps to analyze the potential of the market.

Factors that are benchmarked while estimating the market

Various factors that are benchmarked while estimating the market growth includes (but not restricted to):

New product designs and launches

Current product compliance

Reimbursement

Concerns for use of virtual tour platform

Advantages of virtual tour platform

Actions taken by the manufacturer and respective regulatory authorities also impact the market growth of the segment. These factors are understood at regional level and in major countries globally for providing regional insights of the product segment in the report. This helps our clients to make informed decisions.

A mix of top-down and bottom-up approach is followed to arrive and validate our market value estimations. For a product segment like wherein one/two manufacturer(s) dominates the market, it’s products sales, previous growth rates and market expansion plans are considered to generate market share in the global market.

1.    Global Virtual Tour Platform Market Report Overview

1.1.    Introduction

1.2.    Report Description

1.3.    Methodology

2.    Global Virtual Tour Platform Market Overview

2.1.    Introduction

2.1.1.    Market Definition

2.1.2.    Market Taxonomy

2.2.    Executive Summary

2.3.    Global Virtual Tour Platform Market Snapshot

2.4.    Global Virtual Tour Platform Market Size And Forecast, 2020–2028

2.4.1.    Introduction

2.4.2.    Market Value Forecast And Annual Growth Rate (AGR) Comparison (2020–2028)

2.5.    Global Virtual Tour Platform Market Dynamics

2.5.1.    Drivers

2.5.2.    Restraints

2.5.3.    Opportunity

2.5.4.    Trends

2.6.    Porter’s Five Forces Model

2.7.    SWOT Analysis

3.    Virtual Tour Platform Assessment and Analysis

3.1.    Virtual Tour Platform Impact Analysis 

3.2.    Actions to encourage use of Virtual Tour Platform

3.3.    Virtual Tour Platform Promotional Strategy Recommendation

3.4.    Road Map Analysis

3.5.    GAP Analysis

3.6.    Potential Analysis

4.    Covid-19 Impact on Virtual Tour Platform Market

5.    Global Virtual Tour Platform Market, By Type

5.1.    Introduction

5.1.1.    Annual Growth Rate Comparison, By Type

5.1.2.    BPS Analysis, By Type

5.2.    Market Revenue (US$Mn) and Forecast, By Type

5.2.1.    Web-based virtual tour

5.2.2.    Cloud-based virtual tour

5.3.    Global Virtual Tour Platform Market Attractiveness Index, By Type

6.    Global Virtual Tour Platform Market, By End-User

6.1.    Introduction

6.1.1.    Annual Growth Rate Comparison, By End-User

6.1.2.    BPS Analysis, By End-User

6.2.    Market Revenue (US$Mn) and Forecast, By End-User

6.2.1.    Real Estate

6.2.2.    Travel & Hospitality

6.2.3.    Insurance

6.2.4.    Education 

6.2.5.    Others

6.3.    Global Virtual Tour Platform Market Attractiveness Index, By End-User

7.    Global Virtual Tour Platform Market, By Region

7.1.    Introduction

7.1.1.    Annual Growth Rate Comparison, By Region

7.1.2.    BPS Analysis, By Region

7.2.    Market Revenue (US$Mn) and Forecast, By Region

7.2.1.    North America

7.2.2.    Latin America

7.2.3.    Europe

7.2.4.    Asia Pacific

7.2.5.    Middle East 

7.2.6.    Africa

7.3.    Global Virtual Tour Platform Market Attractiveness Index, By Region

8.    North America Virtual Tour Platform Market Analysis and Forecast, 2020–2028

8.1.    Introduction

8.1.1.    Annual Growth Rate Comparison, By Country

8.1.2.    BPS Analysis, By Country

8.2.    Market Revenue (US$Mn) and Forecast, By Country

8.2.1.    U.S. Virtual Tour Platform Market

8.2.2.    Canada Virtual Tour Platform Market

8.3.    North America Virtual Tour Platform Market, By Type

8.3.1.    Web-based virtual tour

8.3.2.    Cloud-based virtual tour

8.4.    North America Virtual Tour Platform Market Revenue (US$Mn) and Forecast, By End-User

8.4.1.    Real Estate

8.4.2.    Travel & Hospitality

8.4.3.    Insurance

8.4.4.    Education 

8.4.5.    Others

8.5.    North America Virtual Tour Platform Market Attractiveness Index

8.5.1.    By Country

8.5.2.    By Type

8.5.3.    By End-User

9.    Latin America Virtual Tour Platform Market Analysis and Forecast, 2020–2028

9.1.    Introduction

9.1.1.    Annual Growth Rate Comparison, By Country

9.1.2.    BPS Analysis, By Country

9.2.    Market (US$Mn) Forecast, By Country

9.2.1.    Brazil Virtual Tour Platform Market

9.2.2.    Mexico Virtual Tour Platform Market

9.2.3.    Rest Of Latin America Virtual Tour Platform Market

9.3.    Latin America Virtual Tour Platform Market, By Type

9.3.1.    Web-based virtual tour

9.3.2.    Cloud-based virtual tour

9.4.    Latin America Virtual Tour Platform Market Revenue (US$Mn) and Forecast, By End-User

9.4.1.    Real Estate

9.4.2.    Travel & Hospitality

9.4.3.    Insurance

9.4.4.    Education 

9.4.5.    Others

9.5.    Latin America Virtual Tour Platform Market Attractiveness Index

9.5.1.    By Country

9.5.2.    By Type

9.5.3.    By End-User

10.    Europe Virtual Tour Platform Market Analysis and Forecast, 2020–2028

10.1.    Introduction

10.1.1.    Annual Growth Rate Comparison, By Country

10.1.2.    BPS Analysis, By Country

10.2.    Market (US$Mn) Forecast, By Country

10.2.1.    U.K. Virtual Tour Platform Market

10.2.2.    Germany Virtual Tour Platform Market

10.2.3.    Italy Virtual Tour Platform Market

10.2.4.    France Virtual Tour Platform Market

10.2.5.    Spain Virtual Tour Platform Market

10.2.6.    Russia Virtual Tour Platform Market

10.2.7.    Rest Of Europe Virtual Tour Platform Market

10.3.    Europe Virtual Tour Platform Market, By Type

10.3.1.    Web-based virtual tour

10.3.2.    Cloud-based virtual tour

10.4.    Europe Virtual Tour Platform Market Revenue (US$Mn) and Forecast, By End-User

10.4.1.    Real Estate

10.4.2.    Travel & Hospitality

10.4.3.    Insurance

10.4.4.    Education 

10.4.5.    Others

10.5.    Europe Virtual Tour Platform Market Attractiveness Index

10.5.1.    By Country

10.5.2.    By Type

10.5.3.    By End-User

11.    Asia Pacific Virtual Tour Platform Market Analysis and Forecast, 2020–2028

11.1.    Introduction

11.1.1.    Annual Growth Rate Comparison, By Country

11.1.2.    BPS Analysis, By Country

11.2.    Market (US$Mn) Forecast, By Country

11.2.1.    China Virtual Tour Platform Market

11.2.2.    India Virtual Tour Platform Market

11.2.3.    Japan Virtual Tour Platform Market

11.2.4.    Australia and New Zealand Virtual Tour Platform Market

11.2.5.    South Korea Virtual Tour Platform Market

11.2.6.    Rest of Asia Pacific Virtual Tour Platform Market

11.3.    Asia Pacific Virtual Tour Platform Market, By Type

11.3.1.    Web-based virtual tour

11.3.2.    Cloud-based virtual tour

11.4.    Asia Pacific Virtual Tour Platform Market Revenue (US$Mn) and Forecast, By End-User

11.4.1.    Real Estate

11.4.2.    Travel & Hospitality

11.4.3.    Insurance

11.4.4.    Education 

11.4.5.    Others

11.5.    Asia Pacific Virtual Tour Platform Market Attractiveness Index

11.5.1.    By Country

11.5.2.    By Type

11.5.3.    By End-User

12.    Middle East Virtual Tour Platform Market Analysis and Forecast, 2020–2028

12.1.    Introduction

12.1.1.    Annual Growth Rate Comparison, By Country

12.1.2.    BPS Analysis, By Country

12.2.    Market (US$Mn) Forecast, By Country

12.2.1.    GCC Countries Virtual Tour Platform Market

12.2.2.    Israel Virtual Tour Platform Market

12.2.3.    Rest Of Middle East Virtual Tour Platform Market

12.3.    Middle East Virtual Tour Platform Market, By Type

12.3.1.    Web-based virtual tour

12.3.2.    Cloud-based virtual tour

12.4.    Middle East Virtual Tour Platform Market Revenue (US$Mn) and Forecast, By End-User

12.4.1.    Real Estate

12.4.2.    Travel & Hospitality

12.4.3.    Insurance

12.4.4.    Education 

12.4.5.    Others

12.5.    Middle East Virtual Tour Platform Market Attractiveness Index

12.5.1.    By Country

12.5.2.    By Type

12.5.3.    By End-User

13.    Africa Virtual Tour Platform Market Analysis and Forecast, 2020–2028

13.1.    Introduction

13.1.1.    Annual Growth Rate Comparison, By Country

13.1.2.    BPS Analysis, By Country

13.2.    Market (US$Mn) Forecast, By Country

13.2.1.    South Africa Countries Virtual Tour Platform Market

13.2.2.    Egypt Virtual Tour Platform Market

13.2.3.    North Africa Virtual Tour Platform Market

13.2.4.    Rest of Africa Virtual Tour Platform Market

13.3.    Africa Virtual Tour Platform Market, By Type

13.3.1.    Web-based virtual tour

13.3.2.    Cloud-based virtual tour

13.4.    Africa Virtual Tour Platform Market Revenue (US$Mn) and Forecast, By End-User

13.4.1.    Real Estate

13.4.2.    Travel & Hospitality

13.4.3.    Insurance

13.4.4.    Education 

13.4.5.    Others

13.5.    Africa Virtual Tour Platform Market Attractiveness Index

13.5.1.    By Country

13.5.2.    By Type

13.5.3.    By End-User

14.    Competitive Landscape

14.1.    Company Profiles

14.1.1.    3DVISTA

14.1.1.1.    Company Overview

14.1.1.2.    Financial Overview

14.1.1.3.    Key Developments

14.1.1.4.    Strategies

14.1.1.5.    Product Analysis

14.1.2.    Concept3D

14.1.3.    Cupix

14.1.4.    DiveIn Studio

14.1.5.    EyeSpy360

14.1.6.    iStaging Corp.

14.1.7.    Matterport, Inc.

14.1.8.    Professional360 GmbH

14.1.9.    RTV Inc.

14.1.10.    Roundme

15.    Acronyms