Market Research Future (MRFR) predicts the global holographic display market to grow at a 19% CAGR from 2018 to 2023 (forecast period).
A holographic display utilizes coherent light that is generated by the laser to create a three-dimensional (3D) image in space. A split laser illuminates both the subject and the recording photographic plate as a reference beam while recording a hologram. A hologram is the recording of a holographic image on a medium, while a holographic display is a seemingly freestanding 3D image created by a holographic display.
Multiple aspects of product marketing and purchase can be combined in bidirectional holograms that capture people’s attention while also selling a product in real-time. In comparison to traditional kiosks and vending machines, holographically projected interactive stalls and vending machines can project images several times, allowing the largest number of consumers to be readily accessible. Furthermore, due to their small size, they take up far less space than standard electronic machines.
Over the forecast period, technological improvements and the proliferation of smartphones are likely to provide significant growth potential for the global market. New technological advances and display enhancements are also predicted to help the growth of the holographic display market. A light modulator, digital micrometer, monitor, scanner, and lenses are all components of a holographic display.
Semi-transparent or electro-holographic displays, touchable displays, laser displays, and piston-based displays are among the holographic display technologies on the market. Touchable holographic displays make it possible to really feel and interact with holograms. Bristol University’s department of computer science built a touchable holographic display in December 2014 to see and feel 3-D shapes composed of air by focussing air disturbances and ultrasound. This technology is being used to analyze CT scans and feel tumors via haptic feedback, broadening the spectrum of holographic display applications in medical imaging.
Pricing may appear to be too expensive to customers in developing countries, inhibiting industry expansion. Furthermore, in poorer economies, holographic displays have yet to be commercialized.
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The holographic display market in North America is expected to grow at the highest CAGR between 2017 and 2023. This market in developed economies like U.S. is expected to grow at the highest CAGR because of the increasing technological advancements in medical and healthcare devices.
The Red Digital Cinema Camera Company developed a holographic, virtual-augmented, and mixed-reality-ready smartphone named hydrogen one in July 2017. Hydrogen One is the foundation of a future multi-dimensional media system. The device will be modular, meaning certain parts can be interchanged, adding or subtracting pieces of hardware to make the device do different things.
Which Top Market Participants are Consider for the highest Holographic display market share?
AV Concepts (U.S.), Eon Reality Inc. (U.S.), Konica Minolta Inc. (Japan), Qualcomm (U.S.), Zebra Imaging (U.S.), Holoxica (U.S.), Musion Das Hologram Ltd. (U.K.), Provision Holdings Inc. (U.S.), Realview Imaging Ltd. (Israel), and ViewSonic Corp. (U.S.), among others.
Which segment will provide the most chance for Holographic display Market growth till 2027?
The global Industry segmented into Holographic display Market Size, type, component, voltage, application and region. By type the segment is further classified into skid mounted and mobile Holographic display. By component, the segment is further classified into switchgear, bus bar, HVAC systems, transformer, frequency drives, monitoring and control systems and others. By voltage, the segment, is further classified into low voltage and medium voltage Holographic display. Holographic display are used in various industries such as oil and gas, mining, transportation, and power utilities.
The global holographic display industry has been segmented on the basis of technology, product type, application, and end-users.
On the basis of the technology, the global holographic display market has been segmented into semi-transparent, touchable, laser, and piston.
Based on product type, the global holographic display market has been segmented into the camera, kiosks, digital signage, medical imaging equipment, smart TVs, and others.
Based on application, the global holographic display market has been segmented into 3D image projection, image replication, scanning &detecting of scattered light, image storage, real-time non-destructive testing.
Based on end-users, the global holographic display market has been segmented into healthcare, manufacturing, media and entertainment, defense and aerospace, educational sector, automobile, and many more.
Holographic display Market By Geography
The Middle East and Africa
Holographic display Market Covid 19 Analysis
Due to a rise in phishing activities, COVID-19 has substantially increased the adoption of cloud infrastructure and services. In addition, COVID-19 has significantly increased the security budget, which has resulted in a large increase in cloud infrastructure and services. According to the findings of a study conducted by Microsoft and published in August 2020, 36% of the total 800 respondents said that the budget for cybersecurity had risen as a consequence of the pandemic outbreak. Additionally, 42 percent of those who answered the survey said that the company altered its personnel by adding more security experts.
Table of contents:
1 EXECUTIVE SUMMARY
1.1 GLOBAL Holographic display MARKET, BY COMPONENT
1.2 GLOBAL Holographic display MARKET, BY ORGANIZATION SIZE
1.3 GLOBAL Holographic display MARKET, BY DEPLOYMENT
1.4 GLOBAL Holographic display MARKET, BY END-USERS
1.5 GLOBAL Holographic display MARKET, BY REGION
2 MARKET INTRODUCTIONS
2.2 SCOPE OF THE STUDY
2.3 RESEARCH OBJECTIVE
2.4 MARKET STRUCTURE
3 RESEARCH METHODOLOGY
3.1 RESEARCH PROCESS
3.2 PRIMARY RESEARCH
3.3 SECONDARY RESEARCH
3.4 MARKET SIZE ESTIMATION
3.5 FORECAST MODEL
3.6 LIST OF ASSUMPTIONS
4 MARKET DYNAMICS