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Growing Demand and Technological Advancements Drive the Projection Mapping Market Towards $9.4 Billion by 2029

01-22-2025 07:44 AM CET | IT, New Media & Software

Press release from: The Business Research Company

Projection Mapping Market

Projection Mapping Market

Growing at a CAGR of 20.7%, the Projection Mapping Market Expects to See Rapid Expansion

What Is The Projected Market Size Of The Global Projection Mapping Market And Its Growth Rate?
• The projection mapping market size has grown rapidly in recent years.
• It will grow from $3.75 billion in 2025 to $4.43 billion in 2025 at a compound annual growth rate (CAGR) of 18.3%.
• The growth in the historic period can be attributed to surging demand for various applications, entertainment industry demand, corporate events and exhibitions, increased adoption in advertising, and technological improvements in image processing.
• The market size is expected to see exponential growth in the next few years. It will grow to $9.4 billion in 2029 at a CAGR of 20.7%.
• The growth in the forecast period can be attributed to expansion of experiential marketing, rise of interactive projection mapping, increasing demand in retail and hospitality, increasing disposable income boosting market growth of projection mapping, rise in social media platforms exposing a multitude of different datasets.

What Is Driving The Growth In The Projection Mapping Market?
The growth of the projection mapping market can be attributed to the increasing adoption of projection mapping in media events. Projection mapping refers to a video projection technique where video footage is mapped onto a surface, turning ordinary objects into the extraordinary display. This process enhances engagement with the audience through aesthetic visual experience. For instance, according to the International Trade Administration, a US-based government agency, the U.S. Media and Entertainment (M&E) industry is projected to grow to $808 billion by 2028, with an average annual growth rate of 4.3%. Therefore, the increasing adoption of projection mapping in media events is driving the market growth.

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Who Are the Key Players Driving Projection Mapping Market Growth?
• AV Stumpfl GmbH
• Barco NV
• BenQ Corporation
• Christie Digital Systems USA Inc.
• Digital Projection Limited
• Seiko Epson Corporation
• Panasonic Corporation
• NEC Display Solutions Ltd.
• Optoma Corporation
• Sony Group Corporation
• Green Hippo Ltd.
• d3 Technologies Ltd.
• Coolux GmbH
• VYV Corporation
• Disguise Technologies

What Are The Key Trends In The Projection Mapping Market?
• Advancements in projection technology
• Growth in augmented reality (AR) and virtual reality (VR)
• Integration with 3d mapping and modeling
• Integration with spatial computing
• Projection mapping for architectural visualization

What Are The Segments Of The Global Projection Mapping Market?
• By Offering: Hardware, Software
• By Dimension: 2-Dimension, 3-Dimension, 4-Dimension
• By Throw Distance: Short Throw, Standard Throw
• By Application: Media Events, Venue Openings, Entertainment, Product Launches, Retail, Other Applications

Which Region Leads The Projection Mapping Market?
In 2025, North America was the leading region in the projection mapping market. However, it is expected that the Asia-Pacific region will be the fastest-growing region in the forecast period. Other regions covered in this report include Western Europe, Eastern Europe, South America, Middle East, and Africa.

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What Is Covered In The Projection Mapping Market Global Market Report?
- Market Size Analysis: Analyze the Projection Mapping Market size by key regions, countries, product types, and applications.

- Market Segmentation Analysis: Identify various segments within the Projection Mapping Market for effective categorization.

- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.

- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.

- Market Contribution: Evaluate contributions of different segments to the overall Projection Mapping Market growth.

- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.

- Industry Challenges: Analyze challenges and risks affecting the Projection Mapping Market.

- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches, in the market.

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