Holographic TV Global Market Report 2024

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 observed in the historic period can be attributed to the development of content ecosystems, integration with gaming and entertainment, incorporation into smart home systems, enhancements in user experience, and the expansion of target audiences. These factors collectively contributed to the advancement and acceptance of holographic television technology during the historical period.

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 anticipated expansion during the forecast period can be ascribed to the emergence of 3D technology, the evolution of consumer electronics, the influence of the gaming industry, the significance of prototyping and proof of concept, and increased consumer interest and adoption. Key trends expected in the forecast period encompass technological convergence with artificial intelligence, advancements in user interface and interaction, initiatives towards environmental sustainability, increased affordability and market accessibility, and the development of holographic streaming services.

The escalating utilization of medical imaging is anticipated to drive the expansion of the holographic TV market in the forthcoming years. Medical imaging, a facet of the healthcare sector encompassing radiography, involves the creation of diverse images of anatomical structures for clinical scrutiny, medical procedures, and visual representation of organ or tissue functionality. The integration of holographic TV into medical imaging facilitates surgeons in observing and interacting with three-dimensional human anatomy, enhancing preoperative preparation and providing intraoperative guidance for more precise and successful surgeries. Notably, as of February 2023, the Royal Australian and New Zealand College of Radiologists reported 102 MRI machines, reflecting a 17-unit increase from February 2022, indicating the sector's growth and impact on the holographic TV market.

Prominent entities within the holographic TV market are strategically concentrating on technological advancements, particularly in the realm of 3D holographic displays, to cultivate AI-enabled platforms tailored to meet the evolving demands of their clientele. The deployment of 3D holographic displays, grounded in holography principles, results in the generation of three-dimensional visual representations, offering a more immersive viewing experience. An illustrative example is the February 2022 launch of SmartV by Hypervsn, a UK-based holographic display manufacturer. SmartV signifies a pioneering iteration of 3D holographic displays, featuring notable enhancements such as the ability to run 2D and 3D content through an external CMS, an avant-garde high-brightness model for outdoor applications, an ultra-fine pixel pitch system, and compatibility with third-party applications. The Hypervsn SmartV M displays boast an average electrical consumption rate of less than 50 watts, positioning them as a more energy-efficient alternative compared to standard LED displays. The underlying platform, Hypervsn SmartV, operates on Android, enabling clients to develop bespoke widgets for showcasing individual holographic content.

In August 2023, Leia Inc., a US-based manufacturer specializing in holographic and 3D displays, completed the acquisition of Dimenco B.V., a Netherlands-based holographic television display manufacturer, for an undisclosed amount. The acquisition aligns with Leia's overarching objective to broaden the adoption of holographic technology and deliver three-dimensional experiences across diverse platforms and devices. This corporate development marks a significant milestone in the holographic display industry, emphasizing the commitment to advancing technological capabilities and expanding market presence.

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.

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. The countries covered in the holographic TV market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The holographic TV market consists of the revenues earned by entities offering services such as interactive learning, realistic communication, innovative advertising, and immersive entertainment. The market value includes the value of related goods sold by the service provider or included within the service offering. The holographic TV market also includes sales of head-mounted holographic TVs, multi-user holographic TVs, and external single-user holographic desktop TVs. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

Holographic television, also known as holovision, is an advanced display technology that projects three-dimensional images without the need for special glasses. This futuristic technology allows viewers to perceive images from different angles, providing a more immersive and lifelike visual experience compared to traditional two-dimensional displays.

The primary types of holographic TVs include laser plasma, magnetic piston displays, holographic television displays, and touchable holograms. Laser plasma is typically a state of matter generated by using lasers to ionize or excite a gas, resulting in a high-energy plasma suitable for creating dynamic and vibrant holographic images on a television display. These holographic TVs are distributed through various channels, encompassing online and offline platforms, and cater to end-users in diverse sectors such as education, consumer applications, aerospace and defense, industrial applications, healthcare, and others.

The holographic TV research report is one of a series of new reports that provides holographic TV market statistics, including the holographic TV industry's global market size, regional shares, competitors with a holographic TV market share, detailed holographic TV market segments, market trends and opportunities, and any further data you may need to thrive in the holographic TV industry. This holographic TV market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.


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