China Today: China's Virtual Human Market Is Growing
Posted: Sun Jan 19, 2025 9:08 am
China Media Group recently unveiled a virtual sign language artificial intelligence (AI) presenter that will be used throughout the upcoming 2022 Beijing Olympic and Paralympic Winter Games to help broadcast events in sign language. Renowned singer Teresa Teng, who passed away in 1995, participated in a virtual human performance at the recent New Year's Gala presented by Jiangsu Television.
These are the latest examples of virtual humans that have recently become popular on social media along with the hype around the metaverse .
In fact, 2021 was considered the year of the metaverse. Virtual humans, which serve as human-computer interfaces in the metaverse, have become popular again, industry insiders say, adding that the development of 5G , AI, and VR technologies are fueling the virtual industry.
The financial income of virtual idols is mainly generated from membership fees to the live streaming platform, rewards for live streaming, brand endorsements and performance fees.
According to a UBS report, the average starting cost for advanced colombia telegram number database virtual characters is 30 million yuan ($4.7 million). For example, it currently costs about 2 million yuan to produce a single performed by virtual girl group A-Soul, while holding an offline concert costs a whopping 20 million yuan.
The survey showed that only 6.3 percent of people are willing to spend more than 500 yuan on virtual idols, which is still relatively small. With more than 8 million subscribers, Liu Yexi, a virtual idol, has not yet made a profit and can still spend money to attract traffic.
Wide market
But investors and industry insiders remain optimistic about the future prospects of virtual humans.
These are the latest examples of virtual humans that have recently become popular on social media along with the hype around the metaverse .
In fact, 2021 was considered the year of the metaverse. Virtual humans, which serve as human-computer interfaces in the metaverse, have become popular again, industry insiders say, adding that the development of 5G , AI, and VR technologies are fueling the virtual industry.
The financial income of virtual idols is mainly generated from membership fees to the live streaming platform, rewards for live streaming, brand endorsements and performance fees.
According to a UBS report, the average starting cost for advanced colombia telegram number database virtual characters is 30 million yuan ($4.7 million). For example, it currently costs about 2 million yuan to produce a single performed by virtual girl group A-Soul, while holding an offline concert costs a whopping 20 million yuan.
The survey showed that only 6.3 percent of people are willing to spend more than 500 yuan on virtual idols, which is still relatively small. With more than 8 million subscribers, Liu Yexi, a virtual idol, has not yet made a profit and can still spend money to attract traffic.
Wide market
But investors and industry insiders remain optimistic about the future prospects of virtual humans.