NEW YORK, United States, June 26, 2023 (GLOBE NEWSWIRE) -- Zion Market Research has published a new research report titled “Holograms Market Comprehensive Analysis, Historical Data, and Forecasts 2023 – 2030” in its research database. According to the latest research study, the global holograms market size was valued at USD 44 billion in 2022 and it is expected to surpass around USD 67 billion mark by 2030, growing at a compound annual growth rate (CAGR) of approximately 14.7% during the forecast period 2023 to 2030.
Holograms Market Report Overview:
Physics-based holography techniques are utilized to create holograms. According to reports, a hologram is a more willing tapping of an electromagnetic field than a picture taken with a lens. Holograms are allegedly sophisticated and adaptable tools for manipulating light. Additionally, they have a wide range of uses in optical neural networks. Holograms are precisely computer reproductions of real-world objects that exist in physical space. Additionally, real-time capture, 3D rendering, and transmission can be used to determine the hologram's source. Hologram is a technique that uses motions and facial expressions.
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Key Insights:
- As per the analysis shared by our research analyst, the global holograms market is projected to expand annually at the annual growth rate of around 14.7% over the forecast timespan (2023-2030)
- In terms of revenue, the global holograms market size was evaluated at nearly $44 billion in 2022 and is expected to reach $67 billion by 2030.
- The global holograms market is anticipated to record massive growth over the forecast period owing to the massive demand for products in medical imaging.
- Based on the holographic images, the 3D model segment is predicted to contribute majorly towards the global market share over the forecast timeline.
- In terms of type, the electro-holographic 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 end-user, the security segment is slated to dominate the segmental surge over the forecast period.
- Region-wise, the Asia-Pacific holograms market is projected to register the highest CAGR during the assessment period.
Global Holograms Market Dynamics:
Growth Factors:
Holograms in advertising and media will boost global industrial trends: The worldwide holograms market will expand due to the increasing use of holography films for marketing and events in developing nations. Holograms are now being used extensively in pharmaceutical corporations, research institutions, biotechnology firms, healthcare organizations, and hospitals and clinics. In addition, it has a wide range of uses in consumer electronics and security. The aforementioned factors will all enhance the growth of the global market.
The booming demand for medical imaging goods will support the holograms market's potential for expansion globally. Global market trends will be accentuated by booming industrialization and an increase in the use of holographic films in business meetings and seminars. The market will grow in size globally as digital holography in the financial industry develops and holograms become more common in digital signage.
Restraints:
Holographic display assembly costs may hinder the worldwide industry's growth: Huge costs related to assembling holographic displays along with an increase in research costs will decimate the expansion of the global holograms industry. Less availability of skilled personnel and low projection of holograms under sunlight can further depreciate the global industry development.
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Report Scope
| Report Attribute | Details |
| Market Size in 2022 | USD 44 Billion |
| Projected Market Size in 2030 | USD 67 Billion |
| CAGR Growth Rate | 14.7% CAGR |
| Base Year | 2022 |
| Forecast Years | 2023-2030 |
| Key Market Players | FoVI 3D, Qualcomm Technologies Inc., MDH Hologram, zSpace Inc., Looking Glass Factory Inc., RealView Imaging Ltd., HoloTech, REALFICTION., Vision Engineering Ltd, HYPERVSN., Jasper Display Corporation, Nanolive SA, Phase Holographic Imaging PHI AB., Ovizio., LEIA INC., 4-Deep, Geola Digital, Eon Reality, Mach7t.com, and Lyncée Tec. |
| Key Segment | By Type, By Dimension, By Holographic Images, By Technology, By End-User, and By Region |
| Major Regions Covered | North America, Europe, Asia Pacific, Latin America, and the Middle East &, Africa |
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Holograms Market: Segmentation Analysis
The global holograms market is sectored into type, dimension, holographic images, technology, end-user, and region.
In type terms, the global holograms market is segregated into electro holographic, laser, and touchable segments. In addition to this, the electro-holographic segment, which accrued over 47% 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 the massive use of electro-holographic displays by using 15-mega pixels LCD.
On the basis of holographic images, the holograms industry across the globe is sectored into dot matrix, 3D models, 2D models, and stereograms. Furthermore, the 3D models 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 use of holographic-type communications (HTC) for digitally delivering 3D images from one or many sources to one or myriad destinations in a collaborative manner. On the basis of dimension, the global holograms market is segregated into 2D and 3D segments.
The global holograms market is segmented as follows:
By Type
- Electro-Holographic
- Laser
- Touchable
By Dimension
- 2D
- 3D
By Holographic Images
- Dot Matrix
- 3D Models
- 2D Models
- Stereograms
By Technology
- Semi-Transparent
- Laser
- Touchable
By End-User
- Pharmaceutical & Biotechnology Companies
- Research Organizations
- Academic Medical Centers
- Hospitals & Clinics
- Consumer Electronics
- Automotive
- Security
- Others
Competitive Landscape
Some of the main competitors dominating the global holograms market include -
- FoVI 3D
- Qualcomm Technologies. Inc.
- MDH Hologram
- zSpace. Inc.
- Looking Glass Factory Inc.
- RealView Imaging Ltd.
- HoloTech
- REALFICTION.
- Vision Engineering Ltd
- HYPERVSN.
- Jasper Display Corporation
- Nanolive SA
- Phase Holographic Imaging PHI AB.
- Ovizio.
- LEIA INC.
- 4-Deep
- Geola Digital
- Eon Reality
- Mach7t.com
- Lyncée Tec.
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Key questions answered in this report:
- What is the market size and growth rate forecast for Holograms industry?
- What are the main driving factors propelling the Holograms Market forward?
- What are the leading companies in the Holograms Industry?
- What segments does the Holograms Market cover?
- How can I receive a free copy of the Holograms Market sample report and company profiles?
Key Offerings:
- Market Size & Forecast by Revenue | 2023−2030
- Market Dynamics – Leading Trends, Growth Drivers, Restraints, and Investment Opportunities
- Market Segmentation – A detailed analysis By Type, By Dimension, By Holographic Images, By Technology, By End-User, and By Region
- Competitive Landscape – Top Key Vendors and Other Prominent Vendors
Browse the full “Holograms Market By Type (Electro-Holographic, Laser, And Touchable), By Dimension (2D And 3D), By Holographic Images (Dot Matrix, 3D Models, 2D Models, And Stereograms), By Technology (Semi-Transparent, Laser, And Touchable), By End-User (Pharmaceutical & Biotechnology Companies, Research Organizations, Academic Medical Centers, Hospitals & Clinics, Consumer Electronics, Automotive, Security, And Others), And By Region - Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts 2023 – 2030" Report at- https://www.zionmarketresearch.com/report/holograms-market
Regional Analysis:
North America, which garnered more than 66% of the global holograms market revenue in 2022, is anticipated to record notable growth during the projected timeline. The regional market expansion over 2023-2030 can be subject to the presence of giant players in the industry in the countries such as Canada and the U.S.
Furthermore, the holograms industry in the Asia-Pacific region is anticipated to register the highest CAGR in the anticipated timeline. The factors that are likely to favorably impact the growth of the regional industry are the surging industrialization and escalating demand for breakthroughs in digital signage. Moreover, the rapid use of holograms in advertising and retail industries will steer the growth of the industry in the Asia-Pacific zone.
By Region
- North America
- U.S.
- Canada
- Rest of North America
- Europe
- France
- UK
- Spain
- Germany
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Rest of Asia Pacific
- The Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of the Middle East & Africa
- Latin America
- Brazil
- Argentina
- Rest of Latin America
Recent Developments
- In the second half of 2021, Cisco Systems, Inc., a key U.S.-based digital communications technology company, launched Webex Hologram, AR meeting solutions. The move will boost the expansion of the holograms industry across the globe.
- In the second quarter of 2022, Nextech AR Solutions Corporation, a metaverse firm and key provider of AR, and Bothwell Cheese Inc., a cheese manufacturer based in Canada, jointly introduced AR human hologram smart packaging for improving customer experience while shopping in retail stores. The initiative is predicted to enhance the scope of demand for holograms in the packaging sector.
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