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Volumetric Display Market Trends

Report ID: GMI9383
Published Date: May 2024
Report Format: PDF

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Volumetric Display Market Trends

The incorporation of volumetric displays into AR/VR applications fuels the demand for immersive experiences by providing realistic 3D graphics. Volumetric displays generate realistic holographic pictures that improve the sense of presence and depth perception in virtual worlds. Consumer desire for more engaging and interactive content in gaming, simulation, training, and entertainment is resulting in increased use of AR/VR technology across a variety of industries.

Volumetric displays present a distinctive method for advertising and shops to draw in customers with captivating three-dimensional images. In congested retail settings, these displays provide immersive experiences that attract viewers and set brands apart. Volumetric displays enable users to interact with products and advertisements through the incorporation of interactive aspects such as gesture control and touch interfaces. This promotes deeper engagement among consumers and has the potential to increase conversion rates and brand memory.

Authors: Suraj Gujar, Deeksha Vishwakarma

Frequently Asked Questions (FAQ) :

Market size for volumetric display surpassed USD 400 million in 2023 and may record more than 30% CAGR from 2024 and 2032 owing to technological advancements and the rising demand for holographic displays in sectors, such as automotive design and virtual prototyping.

The swept volume displays segment in the volumetric display industry will register 30% CAGR up to 2032, primarily due to the technology's ability to create three-dimensional images by sweeping a light source through a volume of space.

North America industry secured 35% share in 2023, driven by the region's robust technological infrastructure and significant investments in R&D activities.

Holografika KFT, Holoxica Limited, Leia Inc., Lightspace Technologies, Looking Glass Factory, Voxon Photonics, Zebra Imaging are operating in the volumetric display industry.