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Digital Holography Market is Estimated to Grow by 37% of CAGR during 2017-2023(September 21, 2017)
The key players in the global digital holography market include- Lyncee Tec SA (Switzerland), Eon Reality, Inc. (U.S.), Holoxica Ltd. (U.K.), LEIA Inc. (U.S.), Jasper Display Corporation (Taiwan), Ovizio Imaging Systems NV/SA (Belgium), Light Logics Holography and Optics Pvt Ltd.(India), RealView Imaging Ltd. (Israel), Geola Digital uab. (Lithuania) and Zebra Imaging Inc. (U.S.) among others.
The global Digital Holography Market is highly competitive. Various established international brands, domestic brands and as well as new entrants form a competitive landscape. The key players are nonstop increasingly seeking market expansion through various strategic mergers and acquisitions, innovation, increasing investments in research and development and cost-effective product portfolio. The digital holography market is highly competitive due to the presence of several large vendors. The competition among the vendors will intensify due to the increase in product extensions and various above mentioned factors. The players in the digital holography market compete on the basis of the factors such as technology, features, design and compatibility. The vendors or the manufacturers are continuously coming up with new ideas and technologies to gain competitive advantage over their competitors.
The global digital holography market is expected to reach approximately USD 7.5 billion by the end of 2023 with 37% CAGR during forecast period 2017-2023.
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The global holography market is expected to grow significantly over the forecast period, 2017-2023. Medical segment of digital holography market globally drives the market majorly due to their extensive range of uses in the healthcare industry. The market is expected to have higher growth rate as compared to the previous years. The global digital holography market segmented into four main regions such as North America, Asia-Pacific, Europe and Rest of the World. Healthcare and Retail segments hold a largest share in the North American region. The reason is attributed to implementation of medical imaging devices in various industries and the growing adoption of holograms in various sectors.
Also, organizations are looking for better technologically advanced solutions in this region. Therefore, medical sector of the North American market accounted for the largest market share.
Asia-Pacific region is expected to grow over the forecast period. Countries such as Japan, China and India contributes largely to the overall market share. The reason is attributed to the increasing number of businesses in this region and the growing adoption of holograms by the automotive industry.
North-America accounted for the largest market share. Countries such as U.S. and Canada contributes largely to the overall market share. The reason is attributed to increasing number of vendor present across this region and the growing use of technologically advanced solutions and presence of technical expertise.
- Device manufacturers
- Network Operators
- Research firms
- Software Developers
- Commercial Banks
- Government Agencies
- End-user sectors
- Technology Investors
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