Categories: IT & Communication Technology

Touchable Holographic Display Market Drivers, Demand, Insights 2024-2033

The touchable holographic display global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.

Touchable Holographic Display Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.

Market Size –

The touchable holographic display market size has grown exponentially in recent years. It will grow from $1.70 billion in 2023 to $2.23 billion in 2024 at a compound annual growth rate (CAGR) of 31.2%. The growth in the historic period can be attributed to increased use of holography in events and advertisements, increasing demand for immersive experiences, growth of augmented reality (AR) and virtual reality (VR) applications, expanding use in medical imaging and education, 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 $6.70 billion in 2028 at a compound annual growth rate (CAGR) of 31.6%. The growth in the forecast period can be attributed to the shift towards remote work, growing applications in healthcare, expanding use cases in retail, increasing adoption in education, and growing demand for virtual events. Major trends in the forecast period include enhanced user interfaces with tactile feedback, the proliferation of portable holographic displays, the integration of AI for personalized holographic experiences, the adoption of holographic displays in smart home devices, and rising technological developments.

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Scope Of Touchable Holographic Display Market

The Business Research Company’s reports encompass a wide range of information, including:

Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
Drivers: Examination of the key factors propelling market growth.
Trends: Identification of emerging trends and patterns shaping the market landscape.
Key Segments: Breakdown of the market into its primary segments and their respective performance.
Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
Macro Economic Factors: Assessment of broader economic elements impacting the market.

Touchable Holographic Display Market Overview

Market Drivers –

The rising demand for medical imaging is expected to propel the touchable holographic display market going forward. Medical imaging refers to creating visual representations of the body’s interior for diagnostic and therapeutic purposes. The rising demand for medical imaging is due to the need for accurate diagnosis, treatment planning, and monitoring of diseases and injuries. Touchable holographic displays are used in medical imaging to offer interactive, three-dimensional visualization for enhanced anatomical analysis and surgical planning. For instance, in December 2022, according to the National Health Service (NHS), a UK-based executive non-departmental public body of the UK government, there were 44.0 million imaging tests reported in the year ending March 2022, up from 34.9 million in 2021, a 26% increase in imaging activity. Therefore, the rising demand for medical imaging is driving the growth of the touchable holographic display market.

Market Trends –

Major companies operating in the touchable holographic displays market are focused on developing technologically advanced products such as HoloMed to set a new standard in hospital hygiene practices. HoloMed is a transformative device that enables human-machine interactions to occur in mid-air, significantly reducing the risk of transmitting healthcare-associated infections (HAIs) and protecting patients, staff, and visitors. For instance, in July 2022, Holo Industries, a Germany-based manufacturing company developing and supplying holographic plates, launched HoloMed, a revolutionary holographic insert for medical carts and patient monitors, reducing pathogen transmission by eliminating surface contact. The technology offers interaction via Holographic Touch, ensuring safety for staff, patients, and visitors. HoloMed devices, adaptable to various healthcare settings, aim to set a new standard in hospital hygiene practices.

The touchable holographic display market covered in this report is segmented –

1) By Type: Digital Signage, Touchable Hologram Kiosks, Medical Scanners, Holographic Projection Notebooks

2) By Technology: Laser, Electro-Holography, Full Parallax, MEMS-Based Holographic Display

3) By Application: Automobile, Manufacturing, Healthcare, Media and Entertainment, Aerospace and Defense, Other Applications

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Regional Insights –

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.

Key Companies –

Major companies operating in the touchable holographic display market report 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

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