Holographic Display Market worth USD 14605.30 million by 2027

The Market Statsville Group (MSG) publishes the new report on the "Holographic display Market by Application (Touchable Holographic, Semi-transparent/Electro Holographic, Pistons Holographic, and Laser/Plasma Holographic), by End User (Consumer Electronics, Retail, Media and Entertainment, Healthcare, Automotive, and Others), and by Region - Global Trends, Market Share, and Forecast to 2027". The global holographic display market was valued at USD 2,695.9 million in 2020 to USD 14605.03 million by 2027, at a CAGR of 27.3% from 2021 to 2027. The screen-less display is an interactive projection technology primarily developed to solve the problems related to the device miniaturization of today’s modern communication technologies. The lack of space on the screen-based displays is providing an opportunity for the development of screen-less displays. Moreover, these displays do not have a screen and can be defined as a display used to transmit any data such as pictures or videos without the help of screens. The technological advancements in screen-less displays are likely to replace the currently trending touch screen displays in the near future. The hardware component is also expected to get economical in due course of time. However, this technology is currently not thoroughly developed, and its availability is limited to a small range of products.

Global Holographic Display Market Segmentation

The overall holographic display market has been segmented into the application, end user, and region.

• By Application (Touchable Holographic, Semi-transparent/Electro Holographic, Pistons Holographic, and Laser/Plasma Holographic)
• By End User (Consumer Electronics, Retail, Media and Entertainment, Healthcare, Automotive, and Others)
• By Region (US, Canada, Mexico, UK, Germany, France, Italy, Spain, China, Japan, India, South Korea, Southeast Asia, Australia, Saudi Arabia, UAE, South Africa, Qatar, Nigeria, Israel, Brazil, Argentina, Peru)

Touchable Holographic, by application, is estimated to hold the largest market share during the forecast period

Based on the application, the global holographic display market has been segmented into touchable holographic, semi-transparent/electro holographic, pistons holographic, and laser/plasma holographic. In 2020, touchable holographic accounted for the largest market share in the global holographic display market and also growing at the highest CAGR during the forecast period, 2021-2027.

Touchable holographic technology is foreseen to integrate physical body movements and use three-dimensional (3D) light projection technologies to reveal and transfigure imaging using any electronic device or merchandise. Touchable hologram technology is the closest modern representation of the holographic displays witnessed in sci-fi movies, such as Star Wars and particularly in the Star Trek television franchise. Scientists in Japan created the first touchable hologram, enabling users to experience the illusion of touching objects that are not there. The Haptoclone, created by researchers from the University of Tokyo's Department of Complexity Science and Engineering, includes two boxes containing an object and displaying its hologram.

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North America accounts for the largest market share during the forecast period in the holographic display market

Based on the regions, the global holographic display market has been segmented across North America, Asia-Pacific, Europe, South America, and the Middle East & Africa. In 2020, North America was accounted for the highest market share of 47.35% in the global holographic display market and was anticipated to maintain its dominance throughout the forecast period, followed by Europe and the Asia Pacific.

As the media and advertising industry is witnessing an ever change in technology to make engaging and interactive customer experience, holographic displays are expected to witness huge demand in this sector. The major advantage of the advanced 3D holographic displays is that they are still relatively new in the market. The average consumer has yet to see brand advertising in this form, so the results can be very different when they do. From pop-up shops to large-scale department stores, these displays can be installed. Vendors in the market, such as Holocube North America, offer holographic displays that can be placed in any store. The company’s hologram display projectors range from 15 inches to 70 inches, allowing enterprises to display anything as small as a watch as large as a human being.

Some of the major companies that operate in the global holographic display market are Looking Glass Factory Inc., MDH Hologram Ltd, Realview Imaging Ltd, Provision Holding Inc., RealFiction Holding AB, Animmersion UK Ltd, Shenzhen SMX Display Technology Co. Ltd, Kino-mo Limited (HYPERVSN), and e.Magine.

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