HOLOGRAPHIC DISPLAY MARKET TO REACH USD 19.38 BILLION BY 2027 | CAGR 31.2% – FORENCIS RESEARCH

Global Holographic Display Market: Key Highlights

• According to the new market research report “Holographic Display  Market by Technology (Touch, Piston, Laser, and Electro), by Application (Smartphone, Smartglass, Smartwatch, Kiosk, Medical Equipment, Laptop, Camera, Digital signage, and Others), by End Use Industry (Consumer Electronics, Healthcare, Media& Entertainment, Education, Automotive, Aerospace & Defense, and Others), by Region (Asia Pacific, Europe, Middle East & Africa, South America, North America) – Global Forecast (2020 to 2027)”, the global Holographic Display  market is estimated to reach USD 19.38 Billion by 2027 at a CAGR of around 31.2% during the review period.
• Holographic type of display uses light diffraction to create a 3D image. These displays are true 3D displays which are further use to provide virtual images in real space.
• There are various technologies are used in holographic display such as touch, electro, piston, and laser. These devices are further use in smartphones, Smartglass, smartwatches, laptop, kiosk, and digital signage among others.

Global Holographic Display Market: Key Market Dynamics

• Adoption of holographic display in healthcare industry and technological advancement in consumer electronics industry will drive the holographic display market during growth period.
• Moreover, high cost of holographic display will hinder the growth of the market during projected years.
• Moreover, technological advancement in automotive industry will create more opportunities for the global holographic display market

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Global Holographic Display Market: Regional Overview

• North America

North America is expected to dominate the holographic display market during forecast period. Early adoption of wireless infrastructure technologies, presence of global players such as Qualcomm Technologies Inc., and presence of global consumer electronics product manufacturers will increase the market share of North America in holographic display market. In 2018, Apple Inc. patents to integrate holographic layer into quantum dot display.

• Asia-Pacific

Asia-Pacific is expected to grow at faster rate during assessment period. Increasing population, increasing consumer electronics sale, rising healthcare and automotive market will increase the sale of holographic display market in Asia-Pacific. China, Japan, Taiwan, South Korea, and India will drive the market in Asia-Pacific. The growing media & entertainment sector in India will also add fuel in the growth of the market.

Global Holographic Display Market: Key Players Overview

• Qualcomm Technologies Inc.:

The company engages in the provision of various products and solutions to various manufacturing and telecommunication industries. The company focuses on making research & invention on 5G & wireless technologies, artificial intelligence, extended reality, and many other technologies. In May 2020, The company collaborated with 15 global operators, smartphone OEMs and XR viewer manufacturers to deliver XR viewers to consumers. These 15 companies include China Mobile, China Telecom, China Unicom, Deutsche Telekom, EE, KDDI, KT, LG Uplus, NTT DOCOMO, Orange, SK Telecom, SoftBank, Telefonica, Verizon and Vodafone. The smartphone applications can become revolutionized through holographic telepresence with virtual collaboration platforms, as XR and 5G come together to transform various consumer content.  

• RealView Imaging Ltd.:

RealView Imaging Ltd., an Israeli start-up company provide products and technology in the field of interactive live holography for various healthcare applications. The company provide Digital Light Shaping technology to create unique hyper-realistic experience for visualization of medical images and product The HOLOSCOPE with high resolution and interactive 3D images in free space from any medical 3D volumetric data. In 2017, The company adopts Intel RealSense Technology for HOLOSCOPE-i. This technology helps to deliver live, 3D holographic visualization and interaction capabilities to support medical interventional procedures  

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