Hologram Market

Global Hologram Market Size, Share & Trends Analysis Report By Component (Software and Hardware), By Industry Vertical (Medical, Consumer Electronics, Retail, Industrial, Defense, and Others), By Regional Outlook and Forecast, 2024 - 2031

Report Id: KBV-23313 Publication Date: July-2024 Number of Pages: 155
2023
USD 3.2 Billion
2031
USD 14.3 Billion
CAGR
21%
Historical Data
2020 to 2022

Market Report Description

The Global Hologram Market size is expected to reach $14.3 billion by 2031, rising at a market growth of 21% CAGR during the forecast period.

In order to differentiate their products and improve the user experience, consumer electronics companies are investigating holographic technology. Consequently, the consumer electronics segment would acquire nearly 13% of the total market share by 2031. For example, smartphone manufacturers are developing devices with holographic displays that can project 3D images and videos without special glasses, offering users a more immersive viewing experience.

Hologram Market Size - Global Opportunities and Trends Analysis Report 2020-2031

The continuous advancements in display technologies have significantly improved the resolution and clarity of holographic images, enhancing the overall user experience. Moreover, integrating artificial intelligence (AI) and machine learning (ML) into holographic technology has opened new frontiers in creating more realistic and interactive holograms. Hence, all these advancements will aid in the growth of the market. Additionally, Governments worldwide recognize the immense potential of holographic technologies and actively support their development through various initiatives. Additionally, governments can offer tax breaks or deductions for companies investing in holographic research and development. Thus, supportive government initiatives and funding are crucial for propelling holographic technologies.

However, the initial investment required to implement holographic displays and solutions, including hardware, software development, and integration costs, can be prohibitive. Another factor contributing to the high cost of holographic technology is the need for specialized expertise. ce, the high cost of holographic technology remains a significant barrier to adoption.

Driving and Restraining Factors
Hologram Market
  • Rapid advancements in technology
  • Supportive government initiatives and funding
  • Expanding demand for consumer electronics
  • High cost of holographic technology
  • Technological challenges in resolution, viewing angles, and color accuracy
  • Growing adoption in education and training
  • Innovations in production and manufacturing
  • Availability of limited content
  • Lack of standards and regulations

Industry Vertical Outlook

On the basis of industry vertical, the market is classified into consumer electronics, retail, medical, industrial, defense, and others. The retail segment recorded 17.4% revenue share in the market in 2023. Retailers increasingly use holographic displays for advertising and marketing purposes to create engaging and immersive customer shopping experiences. Holographic displays showcase products in a more interactive and visually appealing manner, increasing customer engagement and sales.

Hologram Market Share and Industry Analysis Report 2023

Component Outlook

Based on component, the market is bifurcated into hardware and software. The hardware segment procured 36.8% revenue share in the market in 2023. Hardware components such as holographic projectors and displays are essential for creating and showcasing holographic images. As the technology that is used to produce holographic hardware continues to advance, it is anticipated that the overall cost and complexity of holographic hardware will decrease.

Free Valuable Insights: Global Hologram Market size to reach USD 14.3 Billion by 2031

Regional Outlook

Region-wise, the market is analyzed across North America, Europe, Asia Pacific, and LAMEA. The North America segment garnered 35.1% revenue share in the market in 2023. It is possible that this is due to the region's high adoption rate of holographic technology across various industries and the strong presence of key players.

Hologram Market Report Coverage
Report Attribute Details
Market size value in 2023 USD 3.2 Billion
Market size forecast in 2031 USD 14.3 Billion
Base Year 2023
Historical Period 2020 to 2022
Forecast Period 2024 to 2031
Revenue Growth Rate CAGR of 21% from 2024 to 2031
Number of Pages 155
Number of Tables 279
Report coverage Market Trends, Revenue Estimation and Forecast, Segmentation Analysis, Regional and Country Breakdown, Porter’s 5 Forces Analysis, Company Profiling, Companies Strategic Developments, SWOT Analysis, Winning Imperatives
Segments covered Component, Industry Vertical, Region
Country scope
  • North America (US, Canada, Mexico, and Rest of North America)
  • Europe (Germany, UK, France, Russia, Spain, Italy, and Rest of Europe)
  • Asia Pacific (China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific)
  • LAMEA (Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA)
Companies Included Looking Glass Factory, Inc., Kino-mo Ltd (HYPERVSN), Leia, Inc., HoloTech Switzerland AG, Qualcomm Incorporated (Qualcomm Technologies, Inc.), EON Reality, Inc., SeeReal Technologies S.A., Realfiction Holding AB and RealView Imaging Ltd.
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List of Key Companies Profiled

  • Looking Glass Factory, Inc.
  • Kino-mo Ltd (HYPERVSN)
  • Leia, Inc.
  • HoloTech Switzerland AG
  • Qualcomm Incorporated (Qualcomm Technologies, Inc.)
  • EON Reality, Inc.
  • SeeReal Technologies S.A.
  • Realfiction Holding AB
  • RealView Imaging Ltd.

Hologram Market Report Segmentation

By Component

  • Software
  • Hardware

By Industry Vertical

  • Medical
  • Consumer Electronics
  • Retail
  • Industrial
  • Defense
  • Others

By Geography

  • North America
    • US
    • Canada
    • Mexico
    • Rest of North America
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Singapore
    • Malaysia
    • Rest of Asia Pacific
  • LAMEA
    • Brazil
    • Argentina
    • UAE
    • Saudi Arabia
    • South Africa
    • Nigeria
    • Rest of LAMEA
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