Global Holographic Imaging Market is Projected to Value Over US$ 5 Billion by 2029 End

  • 26 Jul 2019
  • Information & Communications Technology

Global holographic imaging market is estimated to value over USD 5 Billion by 2029 end and register a CAGR of over 32% from 2019 to 2029.

The holographic imaging market is bustling with new innovations and technological improvements. The healthcare industry is demanding the increasing integration of holographic imaging is one of the major factors boosting the growth of the market. Similar demands from the fashion industry and growing investments in the holographic technology sector, growing innovations in consumer electronics, and the increasing popularity of touchable holographic displays are expected to fuel the holographic imaging market in the coming future.

Due to continuous improvements, hologram imaging technology is witnessing massive demand from numerous industries and sectors. Advancements in device imaging through devices and facilities of digital cameras, display technology along with high-speed internet connectivity has motivated the market furthermore and provided lucrative trade opportunities at a global scale. The integration of AI (artificial intelligence) technologies and reconfiguring digital signals to furnish holographic images in real-time have opened new business prospects for holographic imaging applications which is further expected to propel the holographic imaging market during the forecast period. The established firms have projects underway where they are trying to introduce consumer-friendly and economically efficient enhanced features. Hence, the increasing integration of smart devices and technology into daily lives, high disposable incomes, and the demand for new technologies will drive the market in the projected time frame

The market has given new dimensions to the travel and hospitality industry. The technology is widely used at hotels and airports for multiple purposes such as check-in counters, security checkpoints, concourses, baggage claim, gate hold, and at commercial places. For instance, in 2017, the Wellington developed a giant hologram Point Zero at Auckland International Airport. The airport authorities used the hologram for disseminating the useful message in public interest such as warning international travelers about the dangers of inadvertently bringing fruit flies into the country. Similarly, in China 2017, Guangzhou Baiyun International Airport introduced three holographic display solution as customer executives, guiding them to check their belongings.

Market Segmentation

1. By Technology

●     Transmission

●     Reflection

●     Hybrid

2. By Application

●     3D Image Replication

●     Image Production

●     Scanning & Detecting of Scattered Light

●     Real-Time Non-Destructive Testing & Inspection

●     Image Storage

The imaging segment, especially in the medical sector, accounted for major market share and is expected to show similar growth trends over the upcoming years. Considerable segmental revenue share will be associated with the growing usage of holographic systems in medical imaging. Technological advancements integrated within the holographic imaging systems have boosted its adoption amongst the doctors and clinicians. Also, key industry players try to innovate new holographic systems. For instance, companies are currently developing interactive holographic video technology that has a greater potential in medical imaging. Developing such new holographic systems will boost its adoption thereby fostering segmental growth.

3. By Display Type

●     Laser Plasma

●     Touchable Holograms

●     Holographic TV display

●     Micromagnetic Piston Display

4. By End Users

●     Education

●     Healthcare

●     Defense & Aerospace

●     Commercial

●     Tourism

●     Corporates

●     Others

Education organization segment was valued at major revenue statistics and is expected to have enormous growth during analysis period owing to the rising adoption of digital holographic software. Developed countries such as Germany undertake numerous research activities for developing new therapies and drugs for diseases. Research studies requires the study of internal organs and the availability of technologically advanced holographic systems will increase its adoption amongst researchers that will escalate the segmental growth in upcoming years.

5. By Region

●      Europe

●      North America

●      APAC

●      Latin America

●      Rest of World

U.S. holographic imaging market will experience high growth at a healthy CAGR and is expected to grow substantially during the forecast timeframe. High market growth can be attributed to the adoption of technologically advanced holographic systems in the diagnosis of cardiovascular diseases. The APAC region is also poised to register high growth. Growing awareness regarding the availability of holographic imaging systems will boost its adoption. Furthermore, government initiatives and funding have facilitated the research activities that will trigger the usage of holographic imaging systems boosting the India holographic imaging market growth during the forecast period.

Key Company Profiles

●     HoloTech Switzerland 

●     Lynce Tec 

●     EchoPixel 

●     RealView Imaging Ltd 

●     NanoLive SA 

●     Zspace 

●     LEIA INC 

●     Jasper Display Corp 

●     Realfiction 

●     Provision 3d Media 

●     Holoxica

Other Prominent Vendors

●     Musion 3D (MDH) 

●     Trikona Technologies 

●     WayRay 

●     AV Concepts 

●     8i 

●     Ovizio Imaging 

●     Virtual On 

●     Shenzhen Smx Display Technology Co Ltd 

●     AveGant Corp 

●     KIno-MO Ltd 

●     Looking Glass Factory 

●     Displair Inc.

Competitive Landscape:

●      Tier 1 players- established companies in the market with a major market share

●      Tier 2 players

●      Emerging players which are growing rapidly

●      New Entrants 

FutureWise Key Takeaways

●      Growth prospects

●      SWOT analysis

●      Key trends

●      Key data points affecting market growth

Objectives of the Study:

●     To provide an exhaustive analysis on the global holographic imaging market by technology, by application, by display type, by end-user, and by region

●      To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)

●      To evaluate and forecast micro-markets and the overall market

●      To predict the market size, in key regions (along with countries)—North America, Europe, Asia Pacific, Latin America, and rest of the world.

●      To record evaluate and competitive landscape mapping- product launches, technological advancements, mergers and expansions

●      Profiling of companies to evaluate their market shares, strategies, financials and core competencies


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