The advancement of artificial intelligence (AI) is transforming the world. One of the most recent AI trends in China is virtual humans. The sector was estimated to be worth 36 billion yuan in 2023 and was set to reach the 300 billion yuan mark by 2030.
What are virtual humans capable of?
As the name suggests, virtual humans are computer-generated human-looking avatars trained with AI technology to communicate and interact with a real human. With more flexibility and a lower risk of scandals, these photorealistic virtual characters can help create an engaging and authentic digital user experience. Major applications to date are virtual anchors and product endorsers.
How popular are digital avatars in China?
Hyper-realistic avatars are more and more present in China. A survey revealed that over 80 percent of Chinese have encountered virtual beings, which are commonly used on e-commerce platforms, television, and social media. When deployed properly, virtual idol groups like A-Soul and VirtuaReal can rake in over a million yuan a month. A quarter of survey respondents even said they were willing to spend more on digital humans.
Market size and year-over-year growth of digital humans in China from 2019 to 2021 with estimates until 2030
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Website (meta.sootoo.com). (June 6, 2022). Market size and year-over-year growth of digital humans in China from 2019 to 2021 with estimates until 2030 [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1310770/china-virtual-human-market-size/
Website (meta.sootoo.com). "Market size and year-over-year growth of digital humans in China from 2019 to 2021 with estimates until 2030." Chart. June 6, 2022. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1310770/china-virtual-human-market-size/
Website (meta.sootoo.com). (2022). Market size and year-over-year growth of digital humans in China from 2019 to 2021 with estimates until 2030. Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1310770/china-virtual-human-market-size/
Website (meta.sootoo.com). "Market Size and Year-over-year Growth of Digital Humans in China from 2019 to 2021 with Estimates until 2030." Statista, Statista Inc., 6 Jun 2022, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1310770/china-virtual-human-market-size/
Website (meta.sootoo.com), Market size and year-over-year growth of digital humans in China from 2019 to 2021 with estimates until 2030 Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1310770/china-virtual-human-market-size/ (last visited November 10, 2024)
Market size and year-over-year growth of digital humans in China from 2019 to 2021 with estimates until 2030 [Graph], Website (meta.sootoo.com), June 6, 2022. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1310770/china-virtual-human-market-size/
