Press release
Surging Medical Imaging Demand Boosts Touchable Holographic Display Market Growth Driver: Leading Transformation in the Touchable Holographic Display Market in 2025
What Are the Projected Growth and Market Size Trends for the Touchable Holographic Display Market?The market size of the touchable holographic display has experienced an unprecedented surge in recent times. Its projected growth rate is from $2.23 billion in 2024 to $2.94 billion in 2025, indicating a compound annual growth rate (CAGR) of 31.8%. The significant expansion during the historical phase is a result of the rising usage of holography in events and advertising, an amplified demand for immersive experiences, the spread of augmented reality (AR) and virtual reality (VR) applications, and its growing utilization in the fields of medical imaging and education. There has also been an upswing in demand for smartphones and smart devices.
The market for touchable holographic displays is projected to witness a significant surge in the upcoming years, reaching a size of $8.81 billion in 2029, with a compound annual growth rate (CAGR) of 31.5%. The forecasted growth can be attributed to several reasons, primarily the transition towards remote work, expanding applications in the healthcare sector, increased utilization in the retail industry, growing acceptance in the education field, and mounting demand for virtual events. The forecast period will also see several trends such as improved user interfaces with tactile feedback, widespread adoption of portable holographic displays, integration of artificial intelligence to produce customised holographic experiences, the incorporation of holographic displays in smart home appliances, and consequential technological advancements.
What Is Driving the Growth Trajectory of the Touchable Holographic Display Market?
The surge in the need for medical imaging is predicted to stimulate the growth of the touchable holographic display market. Medical imaging involves creating visual depictions of the human body's interior for diagnosis and treatment objectives. This surge stems from the requirement for precise disease diagnosis, treatment strategizing, and health condition tracking. Touchable holographic displays find their application in medical imaging, providing interactive, 3D visuals to facilitate improved anatomical assessments and surgical plans. For instance, as reported by the National Health Service (NHS), a non-departmental public body in the UK, in December 2022, the imaging tests recorded in the year till March 2022 stood at 44.0 million, a rise from 34.9 million in 2021, indicating a 26% surge in imaging activities. Therefore, this growing need for medical imaging is steering the expansion of the touchable holographic display market.
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Which Leading Companies Are Shaping the Growth of the Touchable Holographic Display Market?
Major companies operating in the touchable holographic display market report are Apple Inc.; Google LLC; Microsoft Corporation; Qualcomm Inc.; Konica Minolta Inc; NITTO DENKO CORPORATION; ViewSonic Corporation; AV Concepts; MicroCloud Hologram Inc; Kino-mo Ltd.; Eon Reality Inc.; LEIA Inc.; Envisics Ltd.; Proto Hologram; VividQ Ltd.; Light Field Lab Inc.; LightSpace Technologies Inc.; Holoxica Ltd.; MDH Hologram; Voxon Photonics Inc.; Intervoke Ltd.; Stereolabs Inc.; Avegant Corporation; Zebra Imaging Inc.; Realfiction Holding AB; Real View Imaging Ltd.; Displair Inc; Looking Glass Factory Inc.; Shenzhen SMX Display Technology Co. Ltd.; AFC TECHNOLOGY CO. LTD
What Are the Major Trends Shaping the Touchable Holographic Display Market?
Key touchable holographic display market players are on the frontline of creating innovative products like HoloMed to revolutionize hygiene practices within hospitals. Serving as a groundbreaking innovation, HoloMed has redefined the sphere of human-machine interactions by promoting touchless interactivity, substantially lowering the spread of healthcare-associated infections (HAIs) and safeguarding patients, employees, and visitors. For instance, Holo Industries, a producer and provider of holographic plates situated in Germany, unveiled HoloMed in July 2022. This pioneering holographic insert can be used in medical carts and patient monitors and significantly reduces the spread of pathogens by doing away with surface contact. The innovation supports interactions through Holographic Touch, amplifying safety for staff, patients, and guests. Various healthcare environments can readily adapt to HoloMed devices, setting unprecedented hygiene standards in hospitals.
What Are the Key Segments of the Touchable Holographic Display Market?
The touchable holographic display market covered in this report is segmented -
1) By Type: Digital Signage, Touchable Hologram Kiosks, Medical Scanners, Holographic Projection Notebooks
2) By Technology: Laser, Electro-Holography, Full Parallax, MEMS-Based Holographic Display
3) By Application: Automobile, Manufacturing, Healthcare, Media and Entertainment, Aerospace and Defense, Other Applications
Subsegments:
1) By Digital Signage: Retail Displays, Advertising And Promotion Displays, Public Information Displays
2) By Touchable Hologram Kiosks: Interactive Self-service Kiosks, Virtual Concierge Systems, Wayfinding Kiosks
3) By Medical Scanners: Holographic Imaging Systems For Diagnostics, 3D Visualization In Surgery, Medical Training And Simulation Displays
4) By Holographic Projection Notebooks: Interactive Holographic Presentation Devices, Portable Holographic Displays For Business, Holographic Displays For Virtual Collaboration
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Which Region Dominates the Touchable Holographic Display Market?
North America was the largest region in the touchable holographic display market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the touchable holographic display market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Is Covered In The Touchable Holographic Display Global Market Report?
- Market Size Analysis: Analyze the Touchable Holographic Display Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Touchable Holographic Display 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 Touchable Holographic Display Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Touchable Holographic Display Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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