icrowd research  icrowd research  icrowd research  icrowd research  icrowd research  icrowd research  icrowd research  icrowd research icrowd research

Digital Human (AI Avatars) Market to Touch USD 67.54 Billion at 31.9% CAGR by 2032 – Report by Market Research Future (MRFR)

Nov 10, 2023 1:00 AM ET

Digital Human (AI Avatars) Market to Touch USD 67.54 Billion at 31.9% CAGR by 2032 – Report by Market Research Future (MRFR)

Market Analysis

The global digital human (AI) avatars market will touch USD 67.54 billion at a 31.9% CAGR by 2032, as per the latest Market Research Future report.


Increasing Adoption in BFSI to Boost Market Growth 

The increasing adoption of digital human avatars in the BFSI sector will boost market growth over the forecast period. The BFSI sector primarily uses digital human avatars in the customer relationship management service. They aid BFSI institutions in solving customer issues in real time, providing seamless, personalized, and efficient customer service. These are used for promotion and advertising of their services too. The digitization and automation of BFSI sector is pushing the adoption of such avatars in this sector.

Get a Sample PDF of the Report at:

List of Key Players Covered in the Digital Human (AI Avatars) Market Report:

Key players profiled in the global digital human (AI avatars) market report include,

  • DeepMotion
  • FLYTEK Corporation
  • Inworld AI
  • Meta Platforms, Inc.
  • Didimo Inc.
  • Soul Machines
  • Ziva Dynamics
  • Tencent Holdings Limited
  • Nvidia Corporation
  • Microsoft Corporation
  • Netease, Inc.
  • Epic Games, Inc.
  • Roblox Corporation
  • Wolf3D
  • Hour One



Incorporation of Virtual Reality and Augmented Reality to offer Robust Opportunities 

The incorporation of advanced technologies such as VR and AR will offer robust opportunities for the digital human (AI avatars) market in the forecast period. The scenario has allowed marketers to provide more personalized experiences via developing highly interactive and realistic avatars. The constant technological developments are favoring market growth.

Buy this Premium Research Report at:

Restraints and Challenges 

High Capital Investments to act as Market Restraints 

The high capital investments, rising ethical concerns, lack of comprehensive regulations, and the incompatibility with present hardware systems may act as market restraints over the forecast period.

Market Segmentation 

The global digital human (AI avatars) market is bifurcated based on industry vertical, application, technology and product type.

By product type, interactive digital human avatar will lead the market over the forecast period.

By technology, AI will domineer the market over the forecast period.

By application, virtual agents will spearhead the market over the forecast period.

By industry vertical, entertainment will spur the market over the forecast period.

COVID-19 Analysis 

During the COVID-19 epidemic, distance learning and remote work grew exponentially. This significantly contributed towards the creation of effective, engaging, and interactive learning environments and virtual work thus contributing to the growth of human digital avatars. The gaming industry likewise also had favorable growth during the epidemic that further led to the creation of the digital human avatar.

Browse Full Report Details: 

Regional Analysis 

North America to Command Digital Human (AI Avatars) Market 

North America will command the market in the forecast period. Various factors such as increased activity by top market players like product expansions and new releases, rising popularity of VR and AR that allows users in interacting with the digital environment in an immersive and realistic manner, preference for customized digital avatars, the region being a hub to key technology companies & research institutions, strong gaming & entertainment industry and the high level of internet penetration & digital infrastructure are adding to the growth of the market in the region.

Top Trending Reports:


About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country-level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Also, we are launching “Wantstats” the premier statistics portal for market data in comprehensive charts and stats format, providing forecasts, regional and segment analysis. Stay informed and make data-driven decisions with Wantstats.

Tags: , ,

See Campaign:

Contact Information:

Market Research Future (Part of Wantstats Research and Media Private Limited) 99 Hudson Street, 5Th Floor New York, NY 10013 United States of America +1 628 258 0071 (US) +44 2035 002 764 (UK) Email: [email protected] Website:


Research Newswire, English