Global Digital Holography Market Size, Share, and COVID-19 Impact Analysis, By Component (Hardware and Software), By Dimension (Two-dimensional, Three-dimensional), By End User (Medical, Commercial, Aerospace & Défense, Automotive, Consumer, Others Verticals), By Application (Holographic Microscopy, Holographic Imaging, Holographic Telepresence, Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2022 - 2032
Industry: Electronics, ICT & MediaGlobal Digital Holography Market Insights Forecasts to 2032
- The Global Digital Holography Market Size was valued at USD 2.9 Billion in 2022.
- The Market Size is Growing at a CAGR of 17.1% from 2022 to 2032
- The Worldwide Digital Holography Market Size is expected to reach USD 14.12 Billion by 2032
- Asia- Pacific is Expected To Grow the fastest during the forecast period
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The Global Digital Holography Market Size is expected to reach USD 14.12 Billion by 2032, at a CAGR of 17.1% during the forecast period 2022 to 2032.
Digital holography is the collection and processing of holograms using a digital sensor array. The use of digital holography for anti-counterfeiting measures in sectors such as currency, pharmaceuticals, and consumer goods are increasing demand. Holography offers enhanced security features that help protect products, ensure authenticity, and combat counterfeiting, resulting in its global adoption. This technology can generate real visuals, which has revolutionised industries such as entertainment, gaming, and healthcare. Digital holography can be used to measure optical phase data and produce multidimensional surface or optical thickness images. Several recording and processing methods for assessing optical wave characteristics such as amplitude, phase, and division state have been developed, making the use of digital holography a very powerful method for measurement applications. The growing demand for digital holographic displays in a variety of applications such as advertising, medicine, and defence as technology advances, significant developments and innovations will make life more exciting and convenient. To provide more lifelike 3D visuals, this industry is working to improve colour accuracy, brightness, and resolution. Furthermore, holographic display technology could be integrated into mobile devices such as smartphones and tablets to allow users to interact with holographic content on a more personal level.
Global Digital Holography Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2022 |
Market Size in 2022: | USD 2.9 Billion |
Forecast Period: | 2022-2032 |
Forecast Period CAGR 2022-2032 : | 17.1% |
2032 Value Projection: | USD 14.12 Billion |
Historical Data for: | 2018-2021 |
No. of Pages: | 200 |
Tables, Charts & Figures: | 110 |
Segments covered: | By Component, By Dimension, By End User, By Application, By Region, and COVID-19 Impact Analysis. |
Companies covered:: | EON Reality , Geola Technologies , Holmarc Opto- Mechatronics , Ovizio Imaging Systems , Leia , Phase Holographic Imaging , Metro Laser , MDH Hologram , Holotronica , Light Logics Holography and Optics , Digitos Technologies , Realfiction , Intelligent Imaging Innovations , Lyncee Tec , Holoxica Limited , Real View Imaging , Holodeck Switzerland AG , |
Pitfalls & Challenges: | COVID-19 Empact, Challenge, Future, Growth, & Analysis |
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Driving Factors
The digital holography technology allows for the rapid and precise measurement of 3D geometries. Holography inspection is increasingly being used for the inspection of turbine engine components because it has eliminated compressor seal bond failures, resulted in significant financial savings for manufacturers, and greatly improved customer satisfaction and cost savings. With decreasing fault tolerance in automobile manufacturing, digital holography is becoming ideal application for fault inspection and detection. For Instance, in March 2023, ARHT Media introduced retail hologram experiences, allowing brands to engage customers in immersive and interactive ways. The technology uses digital holographic displays to create lifelike virtual experiences, allowing retailers to showcase products and engage with customers in a distinctive and eye-catching way. As a result, the demand for high-end technological products in the manufacturing and healthcare industries is driving the market's expansion. The use of digital holography for non-invasive and effective diagnosis of medical ailments and conducting biomedical research is becoming increasingly popular around the world. The widespread use of digital holograms in ophthalmology, orthopaedics, and dentistry, on the other hand, is catalysing market growth. Furthermore, advantages such as low manufacturing prices and easy integration with existing systems and increasing use of 3D printing technology is fuelling the market growth in forecast period.
Restraining Factors
The digital holography technology is usually expensive, with expenses driven by the use of specialised digital imaging devices and objective lenses. Furthermore, the technology has a limited number of applications because of the high computational cost of processing holograms. Large numbers of processors, memory, and storage are required for computing holographic reconstructions when holography is used for 3D imaging techniques.
Market Segmentation
By Component Insights
The software segment is expected to hold the largest share of the global digital holography market during the forecast period.
Based on the component, the global digital holography market is classified into hardware and software. Among these, the software segment is expected to hold the largest share of the Digital Holography market during the forecast period. Software advancements are propelling advancements in holographic display technology, allowing for improved visualisation and user experience. Furthermore, software solutions, such as holographic data processing software, are critical for processing and analysing holographic data, and play an important role in a variety of fields, including healthcare and research.
By Dimension Insights
The two-dimensional segment is witnessing significant CAGR growth over the forecast period.
On the basis of dimension, the global digital holography market is segmented into two-dimensional and three-dimensional. Among these, the two-dimensional segment is witnessing significant growth over the forecast period. The capture and display of two-dimensional holographic images provide a realistic and immersive visual experience in the 2D segment. The 2D digital holography technique is widely used in medical imaging, allowing doctors to examine and analyse complex anatomical structures in great detail.
By End User Insights
The commercial segment accounted for the largest revenue share over the forecast period.
On the basis of end-user, the global digital holography market is segmented into medical, commercial, aerospace & défense, automotive, consumer, others. Among these, the commercial segment dominates the market with the largest revenue share over the forecast period. In commercial it is used in promotions such as digital signage, product launches, shows, live events, and interactive kiosks, presentations, exhibitions, and conferences, digital holographic technology produces spectacular visual effects.
By Application Insights
The holographic microscopy segment dominates the market with the largest revenue share over the forecast period.
On the basis of application, the global digital holography market is segmented into holographic microscopy, holographic imaging, holographic telepresence, others. Among these, the holographic microscopy segment is dominating the market with the largest revenue share over the forecast period. Holographic microscopy allows for the visualisation and quantification of transparent objects. Thus, advanced microscopy technique allows for accurate evaluation of size, shape, and surface properties, making it useful in fields such as nanotechnology, material science, and biological research.
Regional Insights
North America dominates the market with the largest market share over the forecast period.
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North America is dominating the market with the largest market share over the forecast period. RealView Imaging and AEON Reality, Inc. are two prominent market players in North America. Increased investments in research and development activities related to holographic displays, augmented reality (AR), and virtual reality (VR) technologies are fueling the growth of the North American digital holography industry. These investments will improve the quality, resolution, and user experience of holographic displays, potentially leading to increased adoption in industries such as advertising, entertainment, and gaming. In North America, the healthcare sector is increasingly embracing digital holography for medical imaging, surgical planning, and telemedicine applications.
Asia-Pacific is expected to grow the fastest during the forecast period. The increasing demand across industries such as investments in research & development and presence of major technology hubs. The rapid urbanization, large population and industrialization contribute to the adoption of advanced visualization technologies like digital holography. Furthermore, the popularity and increasing penetration of mobile devices in the Asia Pacific region drive demand for mobile-based holographic applications.
List of Key Market Players
- EON Reality
- Geola Technologies
- Holmarc Opto- Mechatronics
- Ovizio Imaging Systems
- Leia
- Phase Holographic Imaging
- Metro Laser
- MDH Hologram
- Holotronica
- Light Logics Holography and Optics
- Digitos Technologies
- Realfiction
- Intelligent Imaging Innovations
- Lyncee Tec
- Holoxica Limited
- Real View Imaging
- Holodeck Switzerland AG
Key Market Developments
- On September 2023, MicroCloud Hologram Inc. ("HOLO" or the "Company"), a provider of Hologram Digital Twins Technology, today announced the creation of a holographic virtual digital human based on the ChatGPT (GereratePre-Training) generative pre-training model, which has been used in speech processing.
- On June 2023, WiMi Hologram Cloud Inc. a leading global provider of Hologram Augmented Reality Technology, announced the development of a real-time three-dimensional holographic communication system.
- On October 2022, Cisco Launches Webex Hologram, An Augmented Reality Meeting Solution.
Market Segment
This study forecasts revenue at global, regional, and country levels from 2020 to 2032. Spherical Insights has segmented the global digital holography market based on the below-mentioned segments:
Digital Holography Market, Component Analysis
- Hardware
- Software
Digital Holography Market, Dimension Analysis
- Two-dimensional
- Three-dimensional
Digital Holography Market, End-User Analysis
- Medical
- Commercial
- Aerospace & Défense
- Automotive
- Consumer
- Others
Digital Holography Market, Application Analysis
- Holographic Microscopy
- Holographic Imaging
- Holographic Telepresence
- Others
Digital Holography Market, Regional Analysis
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- Uk
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of Middle East & Africa
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