- Report ID: BMRC 1116 | Number of pages: 200 | Publish Date: Apr 2020
Status: Published | Category: Technology And Media | Delivery Timeline:
"Holographic Display Market is valued at USD 2045.7 Million in 2018 and expected to reach USD 12698.6 Million by 2025 with the CAGR of 29.8% over the forecast period."
Increasing application in advertisement & entertainment in trade shows, exhibitions & events, surge in global internet users with the advanced technology & digitalization as well as its increasing use in 3D imaging in healthcare sector are some of the major factors driving the growth of Global Holographic Display Market.
Holographic display used the digitally-controlled electronic device that displays 3D images with the help of coherent light. This light is used to project the object or scene virtually in real space which permit the viewer to look around objects and see them from a different point of view, as they look in real life. The holographic stereo 3D display leads to naturalistic viewing experience without all the intricacies and a more comfortable display without any obstacles. The holographic display consists of laser beam which diffracted into two beams using special lens inside the displays that involves certain technique that permit a light field to be recorded and later reconstructed when the original light field is no longer present due to the absence of the original objects and display the required object. The Holography display has physical structure which diffracts light into image through 3D holograms. It has certain benefits like it is being used to display objects and animated sequences in three dimensions without the need for special glasses to view, and it is used to optically store, process and retrieve information in recent technology holographic displays. The technologies being used for holographic display are horizontal parallax only (HPO), vertical parallax only (VPO), or electro-holography and laser.
The global holographic display market is segmented on the basis of product type, technology, application, and region and country level. On the basis of product type, the holographic display market is classifies as digital signage, camera, medical imaging/scanners, kiosks, smart TV’s/Holo TV’s and others. On the basis of technology, the market is segmented into electro holographic display, laser piston and touchable. On the basis of application, the global holographic display market is divided into commercial, entertainment, industrial, consumer medical and others.
The regions covered in global holographic display market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, Global holographic display market sub divided in U.S., Mexico, Canada, U.K., France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.
Global Holographic display market reports cover prominent players like,
Global Holographic Display Market Dynamics–
Its increasing application in advertisement & entertainment in trade shows, exhibitions & events, surge in global internet users with the advanced technology & digitalization as well as increasing use in 3D imaging in healthcare sector are some of the major factors driving the growth of global holographic display market. According to the Display Week organization in 2020, 11 digital native and immigrant internet users are being added every second, which is projected to increase by 32% with an estimation of around 6 billion in 2022 in approximately 75% of world population of 8 billion. Hence this surge in population of internet users will find the digital advertising platform for advertisement purpose. The internet users will increase by 28% to 7.7 billion and 90% of the world’s population by 2030. The internet creates the awareness of digital holographic displays around the world.
In addition, increasing application of holographic display is also fostering the market growth. According to display week organization, global electronic display industry forecasted from USD 115.6 Billion 2017 to USD 206.3 Billion by 2025. However, its high cost of manufacturing and huge investment for advanced technology adoption may hamper the market growth. Moreover, rising focus on manufacturing of digital platform displays with technological advancement using artificial intelligence, advent of nanotechnology, IoT, machine learning etc. for international events, exhibition and trade shows and increased global digital investments can create huge opportunity to fuel the global holographic display market in the coming future. For instance according to United Nations Conference on Trade and Development (UNCTAD), digital platforms companies are increasing rapidly in the world economy, the market capitalization of these companies were USD 7 trillion in 2017 which was USD 100 million more than with 67 percent higher than in 2015.
Global Holographic display Market Regional Analysis–
North America is expected to dominate the global holographic display market with the potential rate due to early adoption of advance technology using IoT, artificial intelligence and surge in usage of holographic displays in medical industries in this region followed by Europe. According to the CompTIA organization, the United States is the world’s largest tech market accounted around 32% of the total global technology shares with an estimation of approximately USD 1.7 trillion for 2020 the size of the U.S. market.
The Asia Pacific is the largest still the world's strongest growth market for the in the global holographic displays due to rapidly adoption of advanced technology, surge in population, increasing awareness about the digital holographic advertising as well as presence of low cost labor for the manufacturing of displays in this region.
Key Benefits for Global Holographic display Market Report–
Global Holographic display market report covers in depth historical and forecast analysis.
Global Holographic display Market research report provides detail information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market opportunities, Competitive Analysis, Regional and Country Level.
Global Holographic display market report helps to identify opportunities in market place.
Global Holographic display market report covers extensive analysis of emerging trends and competitive landscape.
By Product Type: Digital signage, Camera, Medical imaging/scanners, Kiosks, Smart Tv’s/Holo Tv’s, Others
By Technology: Electro Holographic Display, Laser Piston, Touchable, Others
By Application: Commercial, Industrial, Consumer, Entertainment, Medical, Others
Regional & Country Analysis
North America, U.S., Mexico, Canada , Europe, UK, France, Germany, Italy , Asia Pacific, China, Japan, India, Southeast Asia, South America, Brazil, Argentina, Columbia, The Middle East and Africa, GCC, Africa, Rest of Middle East and Africa
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Holographic Display Market 2020 By Product Type: (Digital signage , Camera, Medical imaging/scanners, Kiosks, Smart Tv’s/Holo Tv’s , Others ), By Technology: (Electro Holographic Display, Laser Piston , Touchable , Others), By Application: (Commercial, Industrial, Consumer, Entertainment, Medical , Others) Forecast to 2025