Digital Holography Market 2023 – Market Size & Segments Analysis, Industry Trends, Manufacturers Analysis, Opportunities and Forecast 2030

The global market value of the digital holography market was valued at USD 4.4 billion in 2022, and a CAGR of 18.9% is anticipated during the forecast period. Digital holography offers a means of measuring optical phase data and typically delivers three-dimensional surface or optical thickness images. It is used in the automotive industry, aerospace and defense, medical, banking, and education sectors. Rising demand for digital holography in medical and commercial applications is driving the growth of the market significantly. The increasing use of digital microscopy is driving the growth of the market significantly. Digital holographic technology has gained spectacular results in banking, education, hospitals, and the corporate field. Through an alluring and memorable experience, retailers are looking forward to improving their relationship with customers. Utilizing holographic point-of-sale visuals helps to improve and increase customer flow and engagement. Holograms are also used in marketing campaigns to create a buzz around products and services.

Impact of Covid-19

COVID-19 impacted the digital holography market and presented both opportunities and challenges. Due to trade restrictions and factory shutdowns, there were supply chain disruptions that caused delays in production, distribution, and shortages of digital holographic devices and components. The pandemic also created new opportunities as demand shifted towards remote collaborations and virtual experiences. The healthcare sector witnessed increased adoption of digital holography for remote medical consultation and medical data visualization. Post-pandemic, the digital holography market started to recover, and the medical sector played a big role in it.

Growth Drivers

The digital holography market is driven by advancements in technology, increased demand for 3D imaging, applications in medical diagnostics, automotive HUDs, and augmented reality, as well as expanding research and development activities, which is driving the growth of the market. The growing use of digital holography in industries such as aerospace, defense, and education contributes significantly to market growth. The surge in demand for holographic displays in medical applications, such as endoscopy and x-rays, is the primary reason behind the growth of the industry. A higher adoption rate of holographic displays for advertising accelerates the growth of the market.

The increasing use of digital holography in banking, education, medicine, and corporate fields is driving the market significantly towards growth. In the business world, it has brought about a revolutionary change by providing retailers with a lucrative opportunity to establish relationships with consumers.

Segmentation

By Type

·         Hardware

·         Software

By Application

·         Digital Holographic Microscopy

·         Digital Holographic Display

·         Holographic Telepresence

By Vertical

·         Automotive

·         Aerospace and Defense

·         Healthcare

·         Consumer Electronics

·         Others

Regional Outlook

·         Asia Pacific

·         North America

·         Latin America

·         Europe

·         Middle East and Asia Pacific

Digital Holographic Market by Type Segmentation

On the basis of type, the digital holographic market is segmented into two types: hardware and software. Software is the leading segment and is expected to remain the same during the forecast period. The digital holographic market is a dynamic sector characterized by the use of holographic technology in digital format. Key drivers include 3D imaging, applications in healthcare, automotive, and aerospace industries, as well as increasing demand for augmented reality, which is driving the growth of the market.

Digital Holographic Market by Application Segmentation

On the basis of application, the digital holographic market is segmented into digital holographic microscopy, digital holographic display, and holographic telepresence. The digital holographic display segment will lead the market in 2022 and is expected to remain the same during the forecast period. The increasing application of digital holography in the medical field is driving the growth of the market. Ongoing research and development activities all around the world are driving the market towards success.

Digital Holographic by Vertical Segmentation

On the basis of verticals, the digital holographic market is segmented into automotive, aerospace, and defense, healthcare, consumer electronics, and others. Consumer electronics is the leading segment due to the increasing usage of it in offices for presentations, interactive kiosks, and others. Digital holography is gaining traction in consumer electronics for augmented reality applications. It enhances the user experience by enabling realistic 3D holographic displays. This technology finds applications in smart glasses, heads-up displays, and AR devices, providing users with interactive content. The demand for enhanced visual experiences in gaming, entertainment, and navigation systems contributes to the integration of digital holography into consumer electronics. Healthcare is also a rapidly growing segment because it is widely used to study the actual and accurate health condition of patients.

Regional Outlook

On the basis of regions, the market is segmented into 5 parts: Asia Pacific, North America, South America, the Middle East and Africa, and Europe. Asia-Pacific is the largest market in the region. Rapid technological adoption, a large consumer base, and significant industrial growth in the region are leading the market towards success. Countries in this region, like China, Japan, and South Korea, have made substantial investments in research and development, fostering innovation in digital holography applications. Increasing applications in areas like healthcare, manufacturing, and entertainment contribute to the region’s prominence in the digital holographic market. In the automotive, aerospace, defense, banking, and education sectors, the significance of digital holography is worth considering.

Due to advanced technological infrastructure, a strong focus on research and development, and a high level of industrialization, the market is growing in regions like Europe and North America. The United States, Canada, and Mexico are the big markets in this field. The presence of major key players has also driven this market towards growth. These regions have a well-established base of industries, including healthcare, automotive, and aerospace, which extensively utilize digital holography for applications such as medical imaging, quality control, and augmented reality. The digital holographic market in the Middle East and Africa is also growing due to rapid urbanization and increasingly growing technical advancements. Rapid urbanization and industrialization are driving the growth of the market.

Key Players

·         Phase Holographic Imaging AB

·         Leia INC.

·         Ovizio imaging systems

·         Holoxica Limited

·         Holotech Switzerland Ltd.

·         Realview imaging INC.

·         Lyncee Tec SA

·         Holmarc Opto Mechatronics

·         EON Reality

·         Other Players

Global Digital Holography Market research report presents a strategic analysis of the global Digital Holography Market and a forecast for its development in the medium term, taking into account the impact of COVID-19 on it.

This report delivers market size, regional and country market data, segmentation growth, market share, competitive landscape, company’s Digital Holography revenue analysis, strategies of domestic and global market players, opportunities analysis, strategic market growth analysis, and technological innovations. It analyses historical and current market data to accurately gauge its future growth potential. This market report provides in-depth analysis and insight of market drivers, challenges, trends & opportunities. At the same time, comprehensive coverage of major vendors (recent product development & industrial activities, company overview, insights on business strategy & financial performance, company SWOT analysis) is provided to give competitive overview. This study presents most detailed (COVID-19 updated) and in-depth analysis about the global Digital Holography market, covering all global regions and countries. The report provides intricate dynamics for each of the countries covered, offering unmatched value, accuracy and expert insights.

Report Purpose

The purpose of the report is to portray the state of the global Digital Holography Market and to present real and expert-verified data and insights about the market values, volumes, dynamics, segmentation and prices. It also offers forecast for the market development in the short and medium term and the impact COVID-19 has and will have on it. Further, it covers in-depth analysis of the key market players, industry trends and insights, growth drivers and challenges and all other factors, influencing the growth of market.

Scope of the Report

The report on the global Digital Holography Market presents:

·         Historical Data: Market data including volume, growth rate, value, and dynamics; Market segmentation (by product, by region and by country; etc.) for the last five years;

·         Strategic Insights for companies looking to launch new products to diversify their business, exploring leading countries to establish supply chain, and top countries to increase company export and go global

·         Comprehensive Regional Market Data: volume, growth rate, value, market share and dynamics of for the last five years (broken down by region);

·         Market Dynamics: Analysis of the factors impacting the market including demand drivers, industry trends and challenges and the short and the medium-term impact of COVID-19 presently and in near future;

·         Analysis and forecast for the global economy and demographics;

·         Supply chain and value chain analysis, risk analysis of supply side and demand side;

·         Market Forecast for next ten years (market share, year-on-year growth, volume, value and segmentation by region);

·         Company profiling of key market players covering company’s Digital Holography revenue, sales and market share;

·         Comprehensive coverage of competitive landscape offering market positioning and snapshot of key business strategies;

·         Porter’s Five Forces analysis;

How Can You Benefit from This Report?

In this report you can:

·         Track and identify key market trends and insights and key drivers behind recent market changes and see the impact COVID-19 has and will have on the market in both the short and the medium term;

·         Get access to reliable and verified market data, with which aids you to make confident business decisions;

·         Analysis of market numbers, such as volume, value, forecasts, dynamics, segmentation and market structure – past, present and future;

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·         Understand growth potential countries and regions, opportunities, growth drivers and barriers on the market;

·         Own data spreadsheet for comparison at global, regional and for individual country, covered in the report;

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What Kind of Decisions You Can Make Based on the Data in This Report?

This report detailed and all-inclusive data on Digital Holography Market, providing valuable support to make vital decisions regarding:

·         Strategic planning;

·         Industry analysis;

·         Target Market/Marketing and sales;

·         Regional and country assessment and opportunity analysis;

·         Market entry into new product group or country;

·         Pricing of existing and new products;

·         New product development and Innovation in existing products;

·         Supply chain management;

·         Market evaluation;

·         Mergers, Expansions, Joint Ventures and acquisitions.

Who Is This Report for?

This report is intended to give broad overview of market to people who already are working on this market:

·         C-suite Level executives;

·         Directors;

·         Industry strategists;

·         Marketing professionals;

·         Business development professionals;

·         Product developers;

·         Product marketers and strategists;

·         Product managers;

·         Project managers;

·         Suppliers;

·         Traders;

This report also caters to people who are not involved in the market, representatives of investors, consultants, advisors and financial institutions:

·         Management consultants;

·         Investment managers;

·         Financial professionals;

·         M&A managers.

Regional Coverage

The report on the global Digital Holography Market breaks down the world into the following regions & countries and covers every single one of them:

Report Customization

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