Holographic Display Market Competitive Landscape and Key Vendors, Future Prospects and Regional Forecast by 2027
The holographic display market witnesses a continual rise in revenues. The market growth attributes to the vast adoption of these displays in rapidly growing end-user industries, such as healthcare, education, aerospace, and others. Besides, increasing technological advancements and the proliferation of smartphones offer significant growth opportunities.
With rising upgrades in technology and enhancements in display technologies, the market is projected to garner significant traction in the years to come. In this regard, Market Research Future (MRFR) asserts that the global holographic display market is expected to reach exponential heights by 2027, registering a staggering CAGR during the review period (2020 - 2027).
Additional factors bolstering the market growth include spreading awareness about the benefits of holographic display technology in medical education, research, and academic medical centers. Moreover, the increases in the adoption of these displays by surgeons and biomedical researchers substantiate the growth of the market.
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On the other hand, high investments required for the initial set up of equipment and devices are major factors impeding the market progress. Nevertheless, the emergence of new technologies would support the market growth over the review period.
Eminent leaders in the market include Eon Reality Inc. (US), AV Concepts (US), Konica Minolta Inc. (Japan), Zebra Imaging (US), Qualcomm (US), Holoxica (US), Provision Holdings Inc. (US), Musion Das Hologram Ltd. (UK), Realview Imaging Ltd. (Israel), and ViewSonic Corp. (US), among others.