Press release
Holographic Imaging Market Growth - at a CAGR of 29.6%, Market Trends - High demand for holography applications from North America
Holographic Imaging Market | Emergen Research
Holographic imaging is an interferometric imaging phenomenon that can work without a lens and can also be used to capture images of multidimensional inputs such as three-dimensional structures, dynamics, multiple wavelengths, and even light polarization. Holographic imaging is classified into two types such as static holographic imaging and dynamic holographic imaging. Conventional holography provides static images of three-dimensional objects, in which a change in viewer's angle causes a change in perspective of imaging object, whereas dynamic holographic imaging adds motion to obtained two-dimensional or three-dimensional images.
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Various industries, sectors, and companies are using holographic imaging as a potential feature for marketing, mapping, security, and other purposes. Due to this, rapid growth in the holographic imaging market is evident. Factors, such as wide range of products, wide area of applicability, and distance learning practices, are driving revenue growth of the global holographic imaging market.
Some major factors expected to hamper market growth include design complexity, and requirement of sophisticated and complicated recording methods. Furthermore, holographic data storage is plagued by noise and sensitivity issues, hampering the market growth. A possible obstacle of not being seen in presence of fluorescent light makes several holographic designers hesitant to use holographic imaging technology. Most significant impediment to growth of the holographic imaging market is high cost of production and purchasing. Despite these disadvantages, various benefits and advantages of holographic imaging are expected to drive deployment during the forecast period.
Some Key Highlights From the Report
In August 2021, WIMI Hologram Cloud, a leading provider of holographic AR application technology in China, announced the establishment of Holographic Metaverse Division to develop underlying Metaverse holographic technology and explore the next-generation Internet. WIMI has a comprehensive holographic IP equity content library and virtual holographic content, which ranges from 3D models to holographic virtual products in terms of Metaverse holographic applications.
The holographic display segment accounted for a significant revenue share in 2020. A majority of industries recognize benefits of using holographic displays such as their ability to integrate easily with other smart technologies, fact that they do not require any special glasses and can be viewed from any angle, and they do not require any projection screen. As a result, end-use industries have a strong preference for holographic displays.
The laser plasma display segment accounted for a significantly robust revenue share in 2020. This is due to higher preference and benefits such as less susceptibility to reflection glare at bright rooms and wider viewing angles and that they produce deep blacks allowing for superior contrast ratio.
The healthcare segment accounted for a moderately robust revenue share in 2020. This is due to a wide range of applications such as medical teaching and education, medical research, and representing complicated three-dimensional structures beneficial for medical imaging.
The North America market accounted for largest revenue share in 2020 due to rising demand for holographic imaging in the healthcare sector in this region. Increasing prevalence of cardiovascular diseases and investments by key industry participants are also contributing to market revenue growth.
Major players in the market report include EchoPixel, Inc., RealView Imaging Ltd., Nanolive SA, zSpace, Inc., Leia Inc., Jasper Display Corp., Realfiction, Holoxica Limited, CY Vision, and MDH Hologram Ltd.
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Emergen Research has segmented the global holographic imaging market based on product, display type, end-use, and region:
Product Outlook (Revenue, USD Million; 2018-2028)
Holographic Display
Holography Software
Holography Microscopes
Holographic Prints
Others
Display Type Outlook (Revenue, USD Million; 2018-2028)
Micromagnetic Piston Display
Laser Plasma Display
Touchable Holograms
Holographic Television Display
End-use Outlook (Revenue, USD Million; 2018-2028)
Healthcare
Defense & Aerospace
Education
Others
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Regional Outlook (Revenue, USD Million; 2018-2028)
North America
U.S.
Canada
Mexico
Europe
Germany
UK
France
Spain
BENELUX
Rest of Europe
Asia Pacific
China
India
Japan
South Korea
Rest of APAC
Latin America
Brazil
Rest of LATAM
Middle East & Africa
Saudi Arabia
UAE
Israel
Rest of Middle East & Africa
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Radical Features of the Holographic Imaging Market Report:
The report encompasses Holographic Imaging market overview along with market share, demand and supply ratio, production and consumption patterns, supply chain analysis, and other ley elements
An in-depth analysis of the different approaches and procedures undertaken by the key players to conduct business efficiently
Offers insights into production and manufacturing value, products and services offered in the market, and fruitful information about investment strategies
Supply chain analysis along with technological advancements offered in the report
The report covers extensive analysis of the trends, drivers, restraints, limitations, threats, and growth opportunities in the Holographic Imaging industry
Thank you for reading our report. Customization of the report is available. To know more, please connect with us, and our team will ensure the report is customized as per your requirements.
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Emergen Research is a Marketresearch and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer Marketintelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
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