Holographic Display Market Size, Share Global Analysis Report, 2023 – 2030

Industry Insights

[204+ Pages Report] According to the report published by Facts & Factors, the global holographic display market size was evaluated at $3100 million in 2022 and is slated to hit $15,500 million by the end of 2030 with a CAGR of nearly 30% between 2023 and 2030. The market report is an indispensable guide on growth factors, challenges, restraints, and opportunities in the global marketspace.

The holographic display industry report covers the geographical market along with a comprehensive competitive landscape analysis. It also includes cash flow analysis, profit ratio analysis, market basket analysis, market attractiveness analysis, PESTEL analysis, SWOT analysis, Porter’s five force analysis, and value chain analysis. Additionally, the holographic display market report explores the investor and stakeholder space to help companies make data-driven decisions.

Market Overview

A holographic display is a kind of 3D display utilizing the diffraction of light for displaying a 3-D image to the viewer. Reportedly, holographic displays are distinguished from various kinds of 3D displays as it is not necessary for the viewer to wear special kinds of glasses to view the image. Moreover, it does not cause vergence-accommodation conflict. Few of the commercially available 3D displays are promoted as being holographic.

Key Insights

• As per the analysis shared by our research analyst, the global holographic display market is projected to expand annually at the annual growth rate of around 30% over the forecast timespan (2023-2030)
• In terms of revenue, the global holographic display market size was evaluated at nearly $3100 million in 2022 and is expected to reach $15,500 million by 2030.
• The global holographic display market is anticipated to record massive growth over the forecast period owing to the escalating demand for holographic displays in the healthcare sector.
• Based on the component, the light modulator segment is predicted to contribute majorly towards the global market share over the forecast timeline.
• In terms of end-use, the smart TV segment is slated to register the fastest CAGR over the forecast period.
• On the basis of technology, the laser segment is slated to dominate the segmental surge over the forecast period.
• Based on industry vertical, the medical segment is slated to dominate the segmental surge over the forecast period.
• Region-wise, the Asia-Pacific holographic display market is projected to register the highest CAGR during the assessment period.

Industry Growth Factors

• Innovations in holographic microscopy will spur global market trends over 2023-2030

Escalating demand for holographic displays in the healthcare sector will steer the expansion of the global holographic display market. For instance, endoscopy and X-ray are kind of holographic displays. The penetration of holographic displays in automotive will embellish the expansion of the global market. Breakthroughs in holographic microscopy can majorly influence the expansion of the market across the globe. The integration of non-invasive 3D views, real-time, and nanometric resolution will prompt the market space globally.

Furthermore, massive product demand in advertisements & events and medical imaging will spearhead the expansion of the holographic display market globally. Growing use of holographic displays in the automotive and medical research domains will proliferate the growth of the global market.

Restraints

• Lack of awareness about benefits offered by holographic displays can put brakes on the global industry surge

Low awareness about holographic displays can decimate the growth of the global holographic display industry.

Opportunities

• Growing demand for smartphones to create new avenues of growth for the global market

Large-scale use of smartphones and tablets will open new growth opportunities for the holographic display market across the globe.             

Challenges

• Problems occurring during consistent updates of holographic displays will put up a huge challenge for the global industry

Low projection of holographic displays under sun rays can prove to be a challenging task for the global holographic display market. Apart from this, issues related to the constant upgradation of holographic displays can pose a huge challenge to industry development across the globe.

Segmentation Analysis

The global holographic display market is sectored into component, type, technology, dimension, industry vertical, end-use, and region.   

In end-use terms, the global holographic display market is segregated into camera, medical imaging, digital signage, smart TV, and laptop segments. In addition to this, the smart TV segment, which accrued over 45% of the global market share in 2022, is slated to record the fastest CAGR in the coming years. The segmental growth in the forecasting years can be due to breakthroughs in TV as well as the commercialization of smart 3D TVs. A holographic TV is a current technological trend and is used in the healthcare sector.

On the basis of component, the holographic display industry across the globe is sectored into light modulator, lens, scanner, digital micrometer, and monitor segments. Furthermore, the light modulator segment, which accrued a major share of the global industry in 2022, is slated to lead the segmental surge in the upcoming years. The segmental growth in the forecasting years can be due to the large-scale use of spatial light modulators in digital optics and optical processing.

On the basis of the technology, the global holographic display market is divided into semi-transparent, laser, piston, and touchable segments. Moreover, the laser segment, which garnered a major share of the global market in 2022, is anticipated to establish a leading position in the technology segment over the assessment period. The growth of the segment over the forecast timeline can be subject to the massive use of holographic displays in lasers.

Based on the industry vertical, the holographic display industry across the globe is divided into consumer electronics, medical, retail, defense, and industrial segments. Additionally, the medical segment, which garnered a major share of the global market in 2022, is slated to dominate the holographic display segment over the forecast timespan. The growth of the segment over the upcoming years can be subject to the massive use of 3D and 4D technologies in medical imaging processes. Apparently, the large-scale use of holographic displays by doctors for diagnosing and treating the affected body parts of patients will prompt segment growth.

On the basis of dimension, the global holographic display market is segregated into 2D and 3D segments.

Recent Breakthroughs:

• In the first half of 2022, Looking Glass Factory, a hologram firm, declared the launching of the highest resolution holographic display which is 65-inch 8K in size. The new product is 5x times larger than any other 3D holographic display and 50x larger than any other viewable holographic display. The move is likely to boost the global market trends.
• In the second half of 2021, Looking Glass Factory, launched a new suite of updates in its hologram design software. The new updates are likely to help in the creation of 3D holographic images for the firm’s holographic interface line.

Report Scope

Regional Insights

• North American Holographic Display market to establish a dominant position over the forecast timeframe

North America, which amassed more than 60% of the global holographic display market revenue in 2022, is anticipated to record a notable surge during the projected timeline. The regional market expansion over 2023-2030 can be subject to the constant research activities witnessed in the region.

Apart from this, the rise in the use of holographic displays in consumer, medical, commercial, and industrial sectors will prompt regional market expansion. Additionally, the presence of key industry players such as Eon Reality Inc., Zebra Imaging, Qualcomm Technologies, Provision Holdings Inc., Holoxica, and ViewSonic Corporation in the countries such as the U.S. will further boost the market expansion.

Furthermore, the holographic display industry in the Asia-Pacific region is anticipated to register the highest CAGR in the anticipated timeline. The factors that are likely to leverage the growth of the regional industry is a rise in demand for consumer electronics goods in the countries such as Taiwan, South Korea, and China. The thriving AR & VR sector in China will boost the penetration of holographic devices in the country. Rise in the use of the products in the education sector will spike the regional market expansion.

Competitive Space

• AV Concepts Inc. 
• RealView Imaging Ltd. 
• HoloTech Switzerland AG 
• Qualcomm Incorporated 
• Provision Holdings Inc. 
• Holoxica Limited 
• Realfiction 
• HYPERVSN 
• MDH Hologram 
• Eon Reality Inc. 
• Konica Minolta Inc. 
• Looking Glass Factory Inc. 
• Zebra Imaging 
• Leia Display System 
• Musion Das Hologram Ltd. 
• ViewSonic Corporation.

The global holographic display market is segmented as follows:

By End-Use Segment Analysis

• Camera
• Medical Imaging
• Digital Signage
• Smart TV
• Laptops

By Dimension Segment Analysis

• 2D
• 3D

By Component Segment Analysis

• Light Modulator
• Lens
• Scanner
• Digital Micrometer
• Monitor

By Technology Segment Analysis

• Semi-Transparent
•  Laser
• Piston
• Touchable

By Industry Vertical Segment Analysis

• Consumer Electronics
• Medical
• Retail
• Defense
• Industrial

By Regional Segment Analysis

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • Australia
  • Southeast Asia
  • Rest of Asia Pacific
• The Middle East & Africa
  • Saudi Arabia
  • UAE
  • Egypt
  • Kuwait
  • South Africa
  • Rest of the Middle East & Africa
• Latin America
  • Brazil
  • Argentina
  • Rest of Latin America