DUBLIN--(BUSINESS WIRE)--The "Global 3D Holographic Display and Services Market: Focus on Product, Application, Industry, Business Models, Patents, Funding, Technology, Impact of COVID-19 - Analysis and Forecast 2020-2025" report has been added to ResearchAndMarkets.com's offering.
The global 3D holographic display and services market is projected to grow from $607.6 million in 2020 to $1,837.1 million by 2025, at a CAGR of 24.8%. The growth in the 3D holographic display and services market is expected to be driven by the continuous efforts to modernize the advertisement and media industry. Additionally, the growth of the retail industry is further pushing the demand for more advanced technologies in marketing and merchandising strategies.
Moreover, Industry 4.0 technologies such as computer vision and digital twin are display-dependent technologies which are creating more market opportunities. The idea to enable display devices with AR and holographic capabilities will enhance the operability and efficiency for computer vision, digital twin, and any related display dependent technology. Hence, this can be obtained with 3D holographic display systems in place, thereby expecting its significant growth during the forecast period 2020-2025.
The 3D holographic display and services technology has gained adoption in various business industries such as retail, media & advertisement, exhibition industry, automotive, medical & healthcare, defense & aerospace and aviation, consumer electronics, either to add value or increase operational productivity. The commercial industries, such as retail, media & advertisement, and exhibition industry, have very high consumer interaction. 3D holographic displays are well-equipped with features to enhance the overall experience of the consumers. This has the potential to increase consumer engagement and change customer behavior, and ultimately increase brand awareness and reach.
Impact of COVID-19 on Global 3D Holographic Display and Services Market
The 3D holographic display and services market is expected to experience continuous growth, owing to the increasing demand from retail and commercial industries. However, in 2020, the 3D holographic display and services market is expected to experience downfall due to the COVID-19 pandemic, as the assembling and the installation of the 3D holographic display have been reduced. The current period has affected the supply chain and logistics, which has indirectly affected the demand for 3D holographic displays.
Key Questions Answered in this Report:
- What is the expected global 3D holographic display and services market size in terms of value and volume during the forecast period, 2019-2025?
- What is the expected future scenario and revenue generated by the different product types, different applications, and different end-use industries, business models and services?
- What is the expected future scenario and revenue generated by different product types?
- What is the expected future scenario and revenue generated by the application segments for which 3D holographic display and services are offered, including retail, trade shows & conferences, digital signage, navigation, and medical imaging others?
- Which region is the largest market for the global 3D holographic display and services market?
- What is the expected future scenario and the revenue generated by different regions and countries in the 3D holographic display and services market, such as North America, Europe, Asia-Pacific & Japan, China, U.K., South America, and Middles-East and Africa?
- What is the competitive strength of the key players in the 3D holographic display and services market on the basis of the analysis of their recent developments, product offerings, and regional presence?
- Where do the key 3D holographic display and services companies lie in their competitive benchmarking compared to the factors of market coverage and market potential?
- How are the adoption scenario, related opportunities, and challenges impacting the 3D holographic display and services markets?
- What will be the impact of COVID-19 on the market size, market forecast, CAGR, and market dynamics of the global 3D holographic display and services market across different market segmentations?
- How is the funding and investment landscape in the global 3D holographic display and services market?
Market Dynamics
Drivers
- Increased Demand for 3D Holographic Displays in Creative Economy
- Growing Adoption of Medical Imaging in the Healthcare Industry
- Rising Industrial Automation with Industry 4.0 Applications
Restraints
- High Manufacturing Cost of Display Technologies
- Presence of Alternatives to Holographic Displays and Low Adoption Rate
- Less Effective Projection Under Sunlight
Opportunities
- Rapidly Advancing Smartphone and Tablet Market
- Rise of 5G and 6G Communication Technologies
Companies Mentioned
- BAE Systems
- Burton Inc.
- CPP Studios Gmbh (Vizoo)
- CY Vision
- DigiLens Inc.
- Envisics
- EXTEND3D GmbH
- Fogio Inc
- Fursol Corporation Ltd.
- Glimm International Bv
- HD FALCON
- HOLO Industries
- Holobox Holography
- Holofil
- Holografika Kft
- HoloLamp.
- HOLOXICA LTD
- HoPro
- HUDWAY
- Kino-Mo Ltd (HyperVSN)
- Leia Display System
- Leia Inc.
- Light Field Lab, Inc.
- LightSpace Technologies Inc.
- Looking Glass Factory Inc.
- MAJIX.TECH
- MDH Hologram
- Nanjing Dseelab Digital Technology Co., Ltd
- Off The Wall Agency
- Otoy
- PIXELO - 3D Holographic Display (RIVOX)
- Provision Holding, Inc.
- Realfiction Holding AB
- Realview Imaging Ltd.
- SeeReal Technologies
- Shenzhen Feitianxia Technology Ltd. (Idiskk)
- Shenzhen SMX Display Technology Co., Ltd.
- Shenzhen Wiikk Technology Co., Ltd.
- SuperbHolo
- Visby
- VividQ
- Voxon Photonics
- Wayray Ag
For more information about this report visit https://www.researchandmarkets.com/r/jq6cwc
