Overview and Scope
Holographic television, or holovision, is a futuristic display technology that projects three-dimensional images that can be viewed without special glasses. It enables viewers to perceive images from various angles, creating a more immersive and lifelike visual experience.
Sizing and Forecast
The holographic tv market size has grown exponentially in recent years. It will grow from $3.5 billion in 2023 to $4.38 billion in 2024 at a compound annual growth rate (CAGR) of 25.2%. The growth in the historic period can be attributed to content ecosystem development, gaming and entertainment integration, smart home integration, user experience enhancements, target audience expansion.
The holographic tv market size is expected to see exponential growth in the next few years. It will grow to $9.86 billion in 2028 at a compound annual growth rate (CAGR) of 22.5%. The growth in the forecast period can be attributed to emergence of 3d technology, consumer electronics evolution, gaming industry influence, prototyping and proof of concept, consumer interest and adoption. Major trends in the forecast period include technological convergence with ai, advancements in user interface and interaction, environmental sustainability initiatives, affordability and market accessibility, development of holographic streaming services.
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Segmentation & Regional Insights
The holographic tv market covered in this report is segmented –
1) By Type: Laser Plasma, Micromagnetic Piston Display, Holographic Television Display, Touchable Holograms
2) By Distribution Channel: Online, Offline
3) By End User: Education, Consumer Applications, Aerospace And Defense, Industrial Applications, Healthcare, Other End Users
North America was the largest region in the holographic TV market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the holographic tv market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market Growth
The rising use of medical imaging is expected to propel the growth of the holographic TV market in the coming years. Medical imaging, or radiography, is a branch of medicine in which medical experts make different pictures of body parts for clinical examination, medical intervention, and pictorial depiction of organ or tissue function. Holographic TV in medical imaging allows surgeons to observe and interact with 3D human anatomy, improving preoperative preparation and intraoperative guidance for more accurate and successful surgeries. For instance, in February 2023, according to the Royal Australian and New Zealand College of Radiologists, an Australia-based professional organization, there were 102 MRI machines, reflecting a 17-unit increase from February 2022 in private and public sites. Further, there were 85 MRI machines in private and public sites in 2022, indicating a 7-unit increase from the count in February 2021. Therefore, the rising use of medical imaging is driving the holographic TV market.
Key Industry Players
Major companies operating in the holographic tv market report are Apple Inc., Google LLC, Samsung Electronics Co. Ltd, Microsoft Corporation, Sony Corporation, Panasonic Corporation, LG Electronics Inc., Qualcomm Inc., Mitsubishi Electric Corporation, Nvidia Corporation, Toshiba Corporation, Epson Corporation, Konica Minolta Inc., EON Reality, Ostendo Technologies Inc., Leia Inc., Hypervsn (Kino-mo Ltd.), AV Concepts Inc, Vuzix Corporation, Light Field Lab Inc., Avegant Corporation, RealView Imaging Ltd, Voxon Photonics Pty Ltd., SeeReal Technologies, Realfiction Holding AB, Holoxica Ltd, Musion Das Hologram Ltd (MDH Hologram), Looking Glass Factory Inc., Shenzhen SMX Display Technology Co. Ltd., Provision Holding Inc
The holographic tv market report table of contents includes:
1. Executive Summary
2. Holographic TV Market Characteristics
3. Holographic TV Market Trends And Strategies
4. Holographic TV Market – Macro Economic Scenario
5. Global Holographic TV Market Size and Growth
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32. Global Holographic TV Market Competitive Benchmarking
33. Global Holographic TV Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Holographic TV Market
35. Holographic TV Market Future Outlook and Potential Analysis
36. Appendix
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