Touchable Holographic Display Global Market Report 2024

The touchable holographic display market size has grown exponentially in recent years. It will grow from $1.7 billion in 2023 to $2.23 billion in 2024 at a compound annual growth rate (CAGR) of 31.2%. The expansion observed in the historical period can be attributed to several factors, including the increased utilization of holography in events and advertisements, the rising demand for immersive experiences, the growth of augmented reality (AR) and virtual reality (VR) applications, the expanding use of holography in medical imaging and education, as well as the increased demand for smartphones and smart gadgets.

The touchable holographic display market size is expected to see exponential growth in the next few years. It will grow to $6.7 billion in 2028 at a compound annual growth rate (CAGR) of 31.6%. The projected growth in the forecast period can be attributed to several factors, including the shift towards remote work practices, expanding applications in healthcare, broader use cases in retail environments, increasing adoption within education, and growing demand for virtual events. Major trends anticipated in the forecast period include the development of enhanced user interfaces with tactile feedback, the proliferation of portable holographic displays, the integration of AI technologies to deliver personalized holographic experiences, the adoption of holographic displays in smart home devices, and the ongoing advancements in holographic display technology.

The anticipated increase in demand for medical imaging is poised to drive the growth of the touchable holographic display market in the foreseeable future. Medical imaging involves generating visual representations of the body's internal structures for diagnostic and therapeutic purposes. The growing demand for medical imaging stems from the necessity for precise diagnosis, treatment planning, and disease monitoring. Touchable holographic displays are utilized in medical imaging to provide interactive, three-dimensional visualization, enhancing anatomical analysis and surgical planning. For example, according to the National Health Service (NHS) in December 2022, there were 44 million imaging tests conducted in the year ending March 2022, marking a 26% increase from 34.9 million in 2021. This surge in imaging activity underscores the driving force behind the touchable holographic display market's growth.

Leading companies in the touchable holographic display market are dedicated to developing technologically advanced products such as HoloMed, aimed at revolutionizing hospital hygiene practices. HoloMed is an innovative device facilitating human-machine interactions in mid-air, significantly reducing the risk of transmitting healthcare-associated infections (HAIs) and safeguarding patients, staff, and visitors. For instance, in July 2022, Holo Industries introduced HoloMed, a groundbreaking holographic insert for medical carts and patient monitors. This technology minimizes pathogen transmission by eliminating surface contact and enables interaction through Holographic Touch, ensuring safety for healthcare personnel, patients, and visitors. HoloMed devices, adaptable to diverse healthcare environments, strive to establish a new standard in hospital hygiene practices.

In January 2022, Realfiction Holding AB, a Denmark-based company specializing in mixed-reality solutions, announced a partnership with AmTRAN Technology Co. Ltd., a Taiwan-based manufacturer of display solutions. The collaboration aims to develop liquid crystal displays (LCDs) incorporating Realfiction's patent-pending ECHO technology, with a focus on enhancing holographic capabilities. This partnership underscores the commitment to advancing display technologies for applications in various industries, including healthcare.

Major companies operating in the touchable holographic display market are Apple Inc., Google LLC, Microsoft Corporation, Qualcomm Inc., Konica Minolta Inc, NITTO DENKO CORPORATION, ViewSonic Corporation, AV Concepts, MicroCloud Hologram Inc, Kino-mo Ltd., Eon Reality Inc., LEIA Inc., Envisics Ltd., Proto Hologram, VividQ Ltd., Light Field Lab Inc., LightSpace Technologies Inc., Holoxica Ltd., MDH Hologram, Voxon Photonics Inc., Intervoke Ltd., Stereolabs Inc., Avegant Corporation, Zebra Imaging Inc., Realfiction Holding AB, Real View Imaging Ltd., Displair Inc, Looking Glass Factory Inc., Shenzhen SMX Display Technology Co. Ltd., AFC TECHNOLOGY CO. LTD.

North America was the largest region in the touchable holographic display market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the touchable holographic display market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the touchable holographic display market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

A touchable holographic display is a technology that projects three-dimensional images into space, enabling users to interact with holographic content through touch or gestures, thereby creating immersive and interactive experiences. This type of display allows users to engage with holographic content using touch gestures, enriching the overall immersive experience.

The primary types of touchable holographic displays include digital signage, touchable hologram kiosks, medical scanners, and holographic projection notebooks. Touchable hologram kiosks are interactive self-service terminals equipped with touchable holographic displays, enabling users to access information, make selections, or complete transactions in various settings such as retail, entertainment venues, or public spaces. These displays utilize technologies such as laser, electro-holography, full parallax, and MEMS-based holographic display, catering to applications across sectors including automobile, manufacturing, healthcare, media and entertainment, aerospace and defense, and other industries.

The touchable holographic display market research report is one of a series of new reports that provides touchable holographic display market statistics, including touchable holographic display industry global market size, regional shares, competitors with touchable holographic display market share, detailed touchable holographic display market segments, market trends, and opportunities, and any further data you may need to thrive in the touchable holographic display industry. This touchable holographic display 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 touchable holographic display market consists consist revenues earned by entities by providing holographic projection techniques, touch sensing technologies, interactive software applications, and sensing and feedback mechanisms. The market value includes the value of related goods sold by the service provider or included within the service offering. The touchable holographic display market also includes of sales of touchable holographic displays holographic projection systems, interactive devices, and holographic content creation software. 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).

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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