Holographic Display Market Size & Share, by Type (Electro-Holographic, Laser, Touchable); Dimension (2D, 3D); Holographic Images (Dot Matrix, 3D Models, 2D Models, Stereograms); Technology (Semi-Transparent, Laser, Touchable); End-User (Pharmaceutical & Biotechnology Companies, Research Organizations, Academic Medical Centers, Hospitals, Consumer Electronics, Automotive, Security) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2024-2036

  • Report ID: 2021
  • Published Date: Mar 22, 2024
  • Report Format: PDF, PPT

Global Market Size, Forecast, and Trend Highlights Over 2024-2036

Holographic Display Market size is poised to reach USD 21 Billion by the end of 2036, growing at a CAGR of 27% during the forecast period, i.e., 2024-2036. In the year 2023, the industry size of holographic display was USD 2 Billion. The reason behind the growth is impelled by the growing IT and Telecom sectors across the globe. Over the past few years, the telecom market has grown significantly quicker owing to a massive increase in data traffic on telecom networks, an increase in the demand for digital transformation in enterprises, and an increase in our reliance on technology daily. According to estimates, by 2030, the world's telecommunications market is projected to reach over USD 2 trillion.

The growing advancements in holographic technology are believed to fuel the holographic display market growth. Researchers offer a novel technique that uses deep learning to convert two-dimensional colorful images into three-dimensional holograms, which makes holograms extremely beneficial in a variety of industries, such as virtual reality, manufacturing, and medical imaging.


Holographic Communication Market
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Holographic Display Market: Growth Drivers and Challenges

Growth Drivers

  • Rising Healthcare Industry – Holographic Display, which is the real-time capture, encoding, transferring, and rendering of 3D representations, improves telemedicine in the medical field by facilitating remote patient inspections, and surgical collaboration and giving medical practitioners a more realistic and immersive experience, and allows medical professionals to confer with patients virtually, and even participate in surgery from a distance.
  • Growing Demand in the Education Industry- Holographic display has the potential to completely transform the education sector by making subjects such as science and art can be made more engaging by using more intuitive visuals and explanations of complex concepts.
  • Increasing Popularity of Virtual Reality Gaming- Holographic display is capable of elevating gaming to new since it allows players to engage more naturally and realistically with virtual items and characters.
  • Expanding Applications in the Military- Soldiers may exchange vital information, give orders, and plan actions in real-time by using holographic display, which also permits the military to coordinate and communicate without giving the adversary away.

Challenges

  • Need for robust infrastructure - One of the most important obstacles is the requirement for a strong infrastructure since holographic display calls for specific hardware and infrastructure, which can be expensive and difficult to set up.
  • Concerns regarding data privacy and security- Since holographic display is immersive, privacy concerns are raised by the variable information it contains, such as dates, serial numbers, and encoded personal data.
  • Obstacles associated with the compatibility of various systems and gadgets are expected to impede the market growth

Holographic Display Market: Key Insights

Base Year

2023

Forecast Year

2024-2036

CAGR

~27%

Base Year Market Size (2023)

~ USD 2 Billion

Forecast Year Market Size (2036)

~ USD 21 Billion

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Holographic Display Segmentation

End-User (Pharmaceutical & Biotechnology Companies, Research Organizations, Academic Medical Centers, Hospitals, Consumer Electronics, Automotive, Security)

The pharmaceutical & biotechnology companies segment is estimated to  hold 45% share of the global holographic display market in the coming years owing to the growing usage of holographic technology. One of the most promising uses of holography in the medical field is medical holography, which has expanded into the medical sciences, medical research, and medical education. Extended reality (XR) technology which is an advanced imaging technology that produces detailed imagery suitable for various uses, includes holographic Displays systems. Holograms are already standard equipment in the pharmaceutical sector owing to their vast ability to visualize a patient's body in three dimensions at high resolution helps improve human communication. In addition, holographic Display, which can be applied to the medical field, the military, the transportation industry, and many other sectors, is the real-time capture, encoding, transferring, and rendering of 3D representations.

Type (Electro-Holographic, Laser, Touchable)

The electro-holographic segment in the holographic display market is set to garner a notable revenue share owing to the growing need for public communication networks for more bandwidth. Shorter download times are the result of being able to attain a greater data transmission rate, which is made possible by having a larger bandwidth which ensures smoother network performance by enabling faster data transmission and eliminating latency. One intriguing technique for achieving ultra-realistic communication is electrical holography, which can convert optics to electronics and has built-in monitoring and management capabilities, that can support an intelligent lambda-switching solution.

Dimension (2D, 3D)

The 3D segment in the holographic display market is poised to garner a noteworthy share. These three-dimensional depictions are displayed in XR headsets as 3D video or stereoscopic images, creating a holographic-like visual impression that offers a more dependable and realistic immersion for the metaverse. Holographic imaging, holographic coding, and holographic projection are all part of a 3D holographic display system, which encompasses the transfer of a three-dimensional picture or video from the source to the destination, and can transmit and display 3D images in high resolution while realizing the functionality of the 3D holographic display system.

Our in-depth analysis of the global holographic display market includes the following segments:

          Type

  • Electro-Holographic
  • Laser
  • Touchable

           Dimension

  • 2D
  •  3D

          Holographic Images

  • Dot Matrix
  •  3D Models
  •  2D Models
  •  Stereograms

          Technology

  • Semi-Transparent
  •  Laser
  •  Touchable

          End-User

  • Pharmaceutical & Biotechnology Companies
  •  Research Organizations
  •  Academic Medical Centers
  • Hospitals
  •  Consumer Electronics
  •  Automotive
  •  Security

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Holographic Display Industry - Regional Synopsis

North American Market Forecast

Holographic display market in North America is predicted to account for the largest share of 40% by 2036 impelled by the rising adoption of advanced technologies such as AR and VR. Holographic display is now more feasible and accessible since businesses are starting to use virtual reality and augmented reality (VR/AR) solutions in the region which is an exciting method to see and interact with rich information about the world. For instance, by 2022, there were more than 15% more AR users in the US. In addition, in the US, the education industry is flourishing owing to large expenditures in educational technologies, advancements in technology, and shifting preferences for online education

European Market Statistics

The Europe holographic display market is estimated to be the second largest, during the forecast timeframe led by the growing aerospace and defense sector. Europe's defense and aerospace industries are expanding with a significant increase in defense budget a growing need for both military and commercial aircraft, and the presence of some of the biggest aerospace businesses worldwide.

Research Nester
Holographic Communication Market Size
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Companies Dominating the Holographic Display Market

top-features-companies
    • Qualcomm Technologies Inc.
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • zSpace Inc
    • RealView Imaging Ltd
    • Nanolive SA
    • Phase Holographic Imaging PHI AB
    • Ovizio
    • LEIA INC.
    • REALFICTION
    • Vision Engineering Ltd
    • HYPERVSN
    • Mach7t.com
    • Jasper Display Corporation

In-the-news

In The News

  • Qualcomm Technologies Inc. collaborated with Beem, an augmented reality (AR) communications platform, and T-Mobile US, to integrate telepresence calling into the Snapdragon Spaces XR Developer Platform from Qualcomm with the help of compatible devices running on T-Mobile's 5G network, and Beem’s holographic Display software that will make its hologram solution more accessible by leveraging the Snapdragon Spaces platform. In addition, as part of its efforts to enhance digital communication, Beem announced that it is working to make holograms more widely available, providing a more personal digital medium than video conferencing.
  • RealView Imaging Ltd announced that it has obtained approval from the FDA for its HOLOSCOPE-i holographic system which provides physicians with a natural 3D visualization experience enabling accurate and hands-on interaction before and during interventional operations with dynamic holograms of the patient's actual anatomy that float in free space by creating spatially accurate, three-dimensional interactive medical holograms, based on data received from standard CT scans and 3D ultrasound systems.

Author Credits:  Abhishek Verma, Hetal Singh


  • Report ID: 2021
  • Published Date: Mar 22, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

The growing IT and Telecom sectors across the globe and the growing advancements in holographic technology are the major factors driving the growth of the market.

The market size of holographic display is anticipated to attain a CAGR of 27% over the forecast period, i.e., 2024-2036.

The major players in the market are Nanolive SA, Phase Holographic Imaging PHI AB, Ovizio, LEIA INC., REALFICTION, Vision Engineering Ltd, HYPERVSN, Mach7t.com, Jasper Display Corporation, Gatebox, and others.

The pharmaceutical & biotechnology Companies segment is anticipated to garner the largest market size by the end of 2036 and display significant growth opportunities.

The market in the North American region is projected to hold the largest market share by the end of 2036 and provide more business opportunities in the future.
Holographic Display Market Report Scope
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