The Business Research Company’s report on the Projection Mapping Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
What are the primary drivers fueling the growth of the projection mapping market in recent years?
The increasing adoption of projection mapping in media events is expected to propel the growth of the projection mapping market going forward. Projection mapping refers to a video projection technique in which video footage is mapped onto a surface, turning common objects such as buildings, runways, stages, and even water into astonishing displays. Projection mapping helps the media engage their audience through visual aesthetics. Using projection mapping for media events can also save you money. For instance, in August 2024, according to the International Trade Administration, a US-based government agency, The U.S. Media and Entertainment (M&E) industry is currently valued at $649 billion, is projected to grow to $808 billion by 2028, reflecting an average annual growth rate of 4.3%. Therefore, the increasing adoption of projection mapping at media events is driving projection mapping market growth.
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Projection Mapping Market Report 2025
What is the projected market size of the projection mapping industry, and how is it expected to grow?
The projection mapping market size has grown rapidly in recent years. It will grow from $3.75 billion in 2024 to $4.43 billion in 2025 at a compound annual growth rate (CAGR) of 18.3%. The growth in the historic period can be attributed to surging demand for various applications, entertainment industry demand, corporate events and exhibitions, increased adoption in advertising, technological improvements in image processing.
The projection mapping market size is expected to see exponential growth in the next few years. It will grow to $9.4 billion in 2029 at a compound annual growth rate (CAGR) of 20.7%. The growth in the forecast period can be attributed to expansion of experiential marketing, rise of interactive projection mapping, increasing demand in retail and hospitality, increasing disposable income boosting market growth of projection mapping, rise in social media platforms exposing a multitude of different datasets. Major trends in the forecast period include advancements in projection technology, growth in augmented reality (AR) and virtual reality (VR), integration with 3d mapping and modeling, integration with spatial computing, projection mapping for architectural visualization.
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Projection Mapping Market Report 2025
Who are the key players driving competition in the projection mapping market?
Major companies operating in the projection mapping market include AV Stumpfl GmbH, Barco NV, BenQ Corporation, Christie Digital Systems USA Inc., Digital Projection Limited, Seiko Epson Corporation, Panasonic Corporation, NEC Display Solutions Ltd., Optoma Corporation, Sony Group Corporation, Green Hippo Ltd., d3 Technologies Ltd., Coolux GmbH, VYV Corporation, Disguise Technologies, Delta Electronics Inc., Lightform Inc., NuFormer B. V., Magic Innovations Inc., Ventuz Technology AG, WorldStage Inc., Bartha Audio Visual Inc., Blue Pony Digital LLC, Production Resource Group LLC, UVA Imaging, Obscura Digital LLC, Holocube North America LLC, RUSH Design Inc., Interactive Audio Visual Inc.
What key trends are expected to drive the productivity management software market during the forecast period?
Major companies in the projection mapping market are forming strategic partnerships to enhance their technological capabilities, expand their market reach, and deliver more innovative and immersive visual experiences across various industries. In July 2024, Panasonic Connect Co., Ltd, a Japan-based company that provides projection mapping systems has capital partnered with ORIX Corporation. With this partnership, Panasonic will transfer its projector business and combine its projector technology with ORIX’s financial strength and investment experience to form a new company. The new company will be established with ORIX holding 80% of the shares and Panasonic Connect retaining 20%. ORIX Corporation, a Japan-based financial services company.
Which key geographies are driving the growth of the projection mapping market?
North America was the largest region in the projection mapping market in http://2024.Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the projection mapping market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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Projection Mapping Market Report 2025
What are the key segments driving growth in the projection mapping market?
The projection mapping market covered in this report is segmented –
1) By Offering: Hardware, Software.
2) By Dimension: 2-Dimension, 3-Dimension, 4-Dimension.
3) By Throw Distance: Short Throw, Standard Throw.
4) By Application: Media Events, Venue Openings, Entertainment, Product Launches, Retail, Other Applications.
Subsegments:
1) By Hardware: Projectors, Media Servers, Mounting Equipment, Other Hardware Components
2) By Software: Content Creation Software, Mapping Software, Control Software, Other Software Solutions
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Projection Mapping Market Report 2025
How is the projection mapping market defined, and what are its core characteristics?
Projection mapping is a method used to turn objects, often irregularly shaped, into display surfaces for video projection. Adopting the video projection technique known as projection mapping, in which video material is mapped onto a surface, a regular object, such as a building, runway, stage, or even a body of water, may become an astonishing show. To create a pleasurable experience of light and illusion, these surfaces transform into canvases, playing off the shape and texture of the surface. Even interactive elements may be created using these photos and mapping tools.
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