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Hologram market size to grow at a CAGR of 23.84%; North America to account for 36% of growth - Technavio
[February 14, 2023]

Hologram market size to grow at a CAGR of 23.84%; North America to account for 36% of growth - Technavio


NEW YORK, Feb. 14, 2023 /PRNewswire/ -- According to Technavio, the global hologram market size is estimated to grow by USD 13,091.26 million from 2022 to 2027. The market is estimated to grow at a CAGR of 23.84% during the forecast period. The report includes historic market data from 2017 to 2021. In 2017, the market was valued at USD 4,834.26 million. North America will account for 36% of the market growth during the forecast period. For more Insights on market size Request a sample report

Hologram market - Five Forces
The global cloud data warehouse market is fragmented, and the five forces analysis covers– 

  • Bargaining Power of Buyers 
  • The threat of New Entrants
  • Threat of Rivalry
  • Bargaining Power of Suppliers
  • Threat of Substitutes
  • Interpretation of porter's five models helps to strategize the business, for entire details – buy the report!

Hologram market – Customer Landscape 

The report includes the market's adoption lifecycle, from the innovator's stage to the laggard's stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Hologram market - Segmentation Assessment

Segment Overview
Technavio has segmented the market based on technology (reflection holograms, transmission holograms, and hybrid holograms), component (hardware and software), and geography (North America, Europe, APAC, South America, and Middle East and Africa). 

  • The market growth in the reflection holograms segment will be significant during the forecast period. The growth of the segment is primarily driven by the high adoption, simplicity, and reliability of the reflection hologram technology. Also, the high adoption of the reflection hologram technology among end-users is contributing to the growth of the segment.

Geography Overview

By geography, the global hologram market is segmented into North America, Europe, APAC, South America, and Middle East and Africa. The report provides actionable insights and estimates the contribution of all regions to the growth of the global hologram market.

  • North America will account for 36% of the market growth during the forecast period. The growth of the regional market is driven by the increase in the adoption of holographic devices in the healthcare and entertainment industries and the presence of key vendors.

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Hologram marketMarket Dynamics

Key factor driving market growth

  • The market is driven by the widening applications of holographic technology.
  • Holographic technologies is finding new application areas across industries.
  • In the healthcare industry, digital holograms are used for surgical purposes and diagnostics as well as for learning purposes by medical students and doctors.
  • In the retail industry, businesses are using holographic displays to increase customer engagement and conversions.
  • The technology also helps retailers to captivate customers and intensify customer retention.
  • The expanding application areas of holographic displays will fuel the growth of the market during the forecast period.

Leading trends influencing the market 

  • The emergence of 3D holograms is the key trend in the market.
  • The rising adoption of digital technologies, micro/nanotechnology, and optoelectronics is increasing the scope for hologram technologies across industries.
  • This is enabling the adoption of innovative hologram technologies in critical areas such as 3D quantitative imaging in biomedicine and holographic 3D displays with photorealistic visualization.
  • Rapid advances in technology are also increasing the scope for 3D holograms in the healthcare industry. For instance, the advent of 3D technologies such as 3D ultrasound, 3D rotational angiography, and 3D computed tomography (CT) have enabled doctors to observe a patient's anatomy without dissecting the body.
  • This growing trend will have a positive impact on the global hologram market during the forecast period.

Major challenges hindering market growth

  • The high cost of holograms is the major challenge in the market.
  • Manufacturing and fabrication of holograms and holographic devices incur high costs to vendors.
  • These costs are subsequently passed on to buyers by vendors, which makes end-users reluctant to adopt hologram technology and continue with their traditional techniques.
  • Moreover, many vendors in the market are yet to attain economies of scale and incur significant research and development costs.
  • These challenges are reducing the growth potential in the market.

Driver, trend, and challenges are the factor of market dynamics that state about consequences & sustainability of the businesses, find some insights from a sample report!

What are the key data covered in this hologram market report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the hologram market between 2023 and 2027
  • Precise estimation of the size of the hologram market size and its contribution to the market in focus on the parent market
  • Accurate predictions about upcoming trends and changes in consumer behavior
  • Growth of the hologram market industry across North America, Europe, APAC, South America, and Middle East and Africa
  • A thorough analysis of the market's competitive landscape and detailed information about vendors
  • Comprehensive analysis of factors that will challenge the growth of hologram market vendors

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Related Reports:

  • The smart LED indoor signage market is estimated to grow at a CAGR of 21.62% between 2022 and 2027. The size of the market is forecast to increase by USD 2,090.71 million. The high growth of retail space is notably driving the market growth, although factors such as the growth of e-commerce and online advertising may impede the market growth.
  • The next generation 3D display market is estimated to grow at a CAGR of 15.04% between 2022 and 2027. The size of the market is forecast to increase by USD 700.87 million. The emergence of 3D displays for automotive applications is notably driving the market growth, although factors such as the high availability of substitutes for 3D displays may impede the market growth.




Hologram Market Scope

Report Coverage

Details

Page number

158

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 23.84%

Market growth 2023-2027

USD 13,091.26 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

16.16

Regional analysis

North America, Europe, APAC, South America, and Middle East and Africa

Performing market contribution

North America at 36%

Key countries

US, China, Japan, Germany, and UK

Competitive landscape

Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

Eon Reality Inc., EchoPixel Inc., FoVI3D, Geola Digital uab, Holmarc Opto Mechatronics Ltd., HOLOEYE Photonics AG, Holoxica Ltd., Kino mo Ltd., Leia Inc., Lyncee Tec SA, Mach7 Technologies Ltd., MDH Hologram, Nanolive SA, Ovizio Imaging Systems NV/SA, Phase Holographic Imaging PHI AB, Realfiction ApS, RealView Imaging Ltd., Toppan Inc., vision optics GmbH, VNTANA Inc., zSpace Inc., and HoloTech Switzerland AG

Market dynamics

Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.


Table of contents:

1 Executive Summary

  • 1.1 Market overview 
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Technology
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Component
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem 
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition 
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis 
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
  • 3.4 Market outlook: Forecast for 2022-2027 
    • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
    • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
    • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
    • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

  • 4.1 Global hologram market 2017 - 2021 
    • Exhibit 18: Historic Market Size – Data Table on Global hologram market 2017 - 2021 ($ million)
  • 4.2 Technology Segment Analysis 2017 - 2021
    • Exhibit 19: Historic Market Size – Technology Segment 2017 - 2021 ($ million)
  • 4.3 Component Segment Analysis 2017 - 2021 
    • Exhibit 20: Historic Market Size – Component Segment 2017 - 2021 ($ million)
  • 4.4 Geography Segment Analysis 2017 - 2021 
    • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
  • 4.5 Country Segment Analysis 2017 - 2021 
    • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

  • 5.1 Five forces summary 
    • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
  • 5.2 Bargaining power of buyers 
    • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
  • 5.3 Bargaining power of suppliers 
    • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
  • 5.4 Threat of new entrants 
    • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
  • 5.5 Threat of substitutes 
    • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
  • 5.6 Threat of rivalry 
    • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
  • 5.7 Market condition 
    • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Technology

  • 6.1 Market segments 
    • Exhibit 30: Chart on Technology - Market share 2022-2027 (%)
    • Exhibit 31: Data Table on Technology - Market share 2022-2027 (%)
  • 6.2 Comparison by Technology 
    • Exhibit 32: Chart on Comparison by Technology
    • Exhibit 33: Data Table on Comparison by Technology
  • 6.3 Reflection holograms - Market size and forecast 2022-2027
    • Exhibit 34: Chart on Reflection holograms - Market size and forecast 2022-2027 ($ million)
    • Exhibit 35: Data Table on Reflection holograms - Market size and forecast 2022-2027 ($ million)
    • Exhibit 36: Chart on Reflection holograms - Year-over-year growth 2022-2027 (%)
    • Exhibit 37: Data Table on Reflection holograms - Year-over-year growth 2022-2027 (%)
  • 6.4 Transmission holograms - Market size and forecast 2022-2027
    • Exhibit 38: Chart on Transmission holograms - Market size and forecast 2022-2027 ($ million)
    • Exhibit 39: Data Table on Transmission holograms - Market size and forecast 2022-2027 ($ million)
    • Exhibit 40: Chart on Transmission holograms - Year-over-year growth 2022-2027 (%)
    • Exhibit 41: Data Table on Transmission holograms - Year-over-year growth 2022-2027 (%)
  • 6.5 Hybrid holograms - Market size and forecast 2022-2027
    • Exhibit 42: Chart on Hybrid holograms - Market size and forecast 2022-2027 ($ million)
    • Exhibit 43: Data Table on Hybrid holograms - Market size and forecast 2022-2027 ($ million)
    • Exhibit 44: Chart on Hybrid holograms - Year-over-year growth 2022-2027 (%)
    • Exhibit 45: Data Table on Hybrid holograms - Year-over-year growth 2022-2027 (%)
  • 6.6 Market opportunity by Technology 
    • Exhibit 46: Market opportunity by Technology ($ million)

7 Market Segmentation by Component

  • 7.1 Market segments 
    • Exhibit 47: Chart on Component - Market share 2022-2027 (%)
    • Exhibit 48: Data Table on Component - Market share 2022-2027 (%)
  • 7.2 Comparison by Component 
    • Exhibit 49: Chart on Comparison by Component
    • Exhibit 50: Data Table on Comparison by Component
  • 7.3 Hardware - Market size and forecast 2022-2027
    • Exhibit 51: Chart on Hardware - Market size and forecast 2022-2027 ($ million)
    • Exhibit 52: Data Table on Hardware - Market size and forecast 2022-2027 ($ million)
    • Exhibit 53: Chart on Hardware - Year-over-year growth 2022-2027 (%)
    • Exhibit 54: Data Table on Hardware - Year-over-year growth 2022-2027 (%)
  • 7.4 Software - Market size and forecast 2022-2027
    • Exhibit 55: Chart on Software - Market size and forecast 2022-2027 ($ million)
    • Exhibit 56: Data Table on Software - Market size and forecast 2022-2027 ($ million)
    • Exhibit 57: Chart on Software - Year-over-year growth 2022-2027 (%)
    • Exhibit 58: Data Table on Software - Year-over-year growth 2022-2027 (%)
  • 7.5 Market opportunity by Component 
    • Exhibit 59: Market opportunity by Component ($ million)

8 Customer Landscape

  • 8.1 Customer landscape overview 
    • Exhibit 60: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

  • 9.1 Geographic segmentation 
    • Exhibit 61: Chart on Market share by geography 2022-2027 (%)
    • Exhibit 62: Data Table on Market share by geography 2022-2027 (%)
  • 9.2 Geographic comparison 
    • Exhibit 63: Chart on Geographic comparison
    • Exhibit 64: Data Table on Geographic comparison
  • 9.3 North America - Market size and forecast 2022-2027
    • Exhibit 65: Chart on North America - Market size and forecast 2022-2027 ($ million)
    • Exhibit 66: Data Table on North America - Market size and forecast 2022-2027 ($ million)
    • Exhibit 67: Chart on North America - Year-over-year growth 2022-2027 (%)
    • Exhibit 68: Data Table on North America - Year-over-year growth 2022-2027 (%)
  • 9.4 Europe - Market size and forecast 2022-2027
    • Exhibit 69: Chart on Europe - Market size and forecast 2022-2027 ($ million)
    • Exhibit 70: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
    • Exhibit 71: Chart on Europe - Year-over-year growth 2022-2027 (%)
    • Exhibit 72: Data Table on Europe - Year-over-year growth 2022-2027 (%)
  • 9.5 APAC - Market size and forecast 2022-2027
    • Exhibit 73: Chart on APAC - Market size and forecast 2022-2027 ($ million)
    • Exhibit 74: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
    • Exhibit 75: Chart on APAC - Year-over-year growth 2022-2027 (%)
    • Exhibit 76: Data Table on APAC - Year-over-year growth 2022-2027 (%)
  • 9.6 South America - Market size and forecast 2022-2027
    • Exhibit 77: Chart on South America - Market size and forecast 2022-2027 ($ million)
    • Exhibit 78: Data Table on South America - Market size and forecast 2022-2027 ($ million)
    • Exhibit 79: Chart on South America - Year-over-year growth 2022-2027 (%)
    • Exhibit 80: Data Table on South America - Year-over-year growth 2022-2027 (%)
  • 9.7 Middle East and Africa - Market size and forecast 2022-2027 
    • Exhibit 81: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
    • Exhibit 82: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
    • Exhibit 83: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • Exhibit 84: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
  • 9.8 US - Market size and forecast 2022-2027
    • Exhibit 85: Chart on US - Market size and forecast 2022-2027 ($ million)
    • Exhibit 86: Data Table on US - Market size and forecast 2022-2027 ($ million)
    • Exhibit 87: Chart on US - Year-over-year growth 2022-2027 (%)
    • Exhibit 88: Data Table on US - Year-over-year growth 2022-2027 (%)
  • 9.9 Germany - Market size and forecast 2022-2027
    • Exhibit 89: Chart on Germany - Market size and forecast 2022-2027 ($ million)
    • Exhibit 90: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
    • Exhibit 91: Chart on Germany - Year-over-year growth 2022-2027 (%)
    • Exhibit 92: Data Table on Germany - Year-over-year growth 2022-2027 (%)
  • 9.10 UK - Market size and forecast 2022-2027
    • Exhibit 93: Chart on UK - Market size and forecast 2022-2027 ($ million)
    • Exhibit 94: Data Table on UK - Market size and forecast 2022-2027 ($ million)
    • Exhibit 95: Chart on UK - Year-over-year growth 2022-2027 (%)
    • Exhibit 96: Data Table on UK - Year-over-year growth 2022-2027 (%)
  • 9.11 China - Market size and forecast 2022-2027
    • Exhibit 97: Chart on China - Market size and forecast 2022-2027 ($ million)
    • Exhibit 98: Data Table on China - Market size and forecast 2022-2027 ($ million)
    • Exhibit 99: Chart on China - Year-over-year growth 2022-2027 (%)
    • Exhibit 100: Data Table on China - Year-over-year growth 2022-2027 (%)
  • 9.12 Japan - Market size and forecast 2022-2027
    • Exhibit 101: Chart on Japan - Market size and forecast 2022-2027 ($ million)
    • Exhibit 102: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
    • Exhibit 103: Chart on Japan - Year-over-year growth 2022-2027 (%)
    • Exhibit 104: Data Table on Japan - Year-over-year growth 2022-2027 (%)
  • 9.13 Market opportunity by geography 
    • Exhibit 105: Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

  • 10.1 Market drivers
  • 10.2 Market challenges
  • 10.3 Impact of drivers and challenges 
    • Exhibit 106: Impact of drivers and challenges in 2022 and 2027
  • 10.4 Market trends

11 Vendor Landscape

  • 11.1 Overview
  • 11.2 Vendor landscape 
    • Exhibit 107: Overview on Criticality of inputs and Factors of differentiation
  • 11.3 Landscape disruption 
    • Exhibit 108: Overview on factors of disruption
  • 11.4 Industry risks 
    • Exhibit 109: Impact of key risks on business

12 Vendor Analysis

  • 12.1 Vendors covered 
    • Exhibit 110: Vendors covered
  • 12.2 Market positioning of vendors 
    • Exhibit 111: Matrix on vendor position and classification
  • 12.3 Eon Reality Inc. 
    • Exhibit 112: Eon Reality Inc. - Overview
    • Exhibit 113: Eon Reality Inc. - Product / Service
    • Exhibit 114: Eon Reality Inc. - Key offerings
  • 12.4 EchoPixel Inc. 
    • Exhibit 115: EchoPixel Inc. - Overview
    • Exhibit 116: EchoPixel Inc. - Product / Service
    • Exhibit 117: EchoPixel Inc. - Key offerings
  • 12.5 FoVI3D 
    • Exhibit 118: FoVI3D - Overview
    • Exhibit 119: FoVI3D - Product / Service
    • Exhibit 120: FoVI3D - Key offerings
  • 12.6 Geola Digital uab 
    • Exhibit 121: Geola Digital uab - Overview
    • Exhibit 122: Geola Digital uab - Product / Service
    • Exhibit 123: Geola Digital uab - Key offerings
  • 12.7 HoloTech Switzerland AG 
    • Exhibit 124: HoloTech Switzerland AG - Overview
    • Exhibit 125: HoloTech Switzerland AG - Product / Service
    • Exhibit 126: HoloTech Switzerland AG - Key offerings
  • 12.8 Holoxica Ltd. 
    • Exhibit 127: Holoxica Ltd. - Overview
    • Exhibit 128: Holoxica Ltd. - Product / Service
    • Exhibit 129: Holoxica Ltd. - Key offerings
  • 12.9 Leia Inc. 
    • Exhibit 130: Leia Inc. - Overview
    • Exhibit 131: Leia Inc. - Product / Service
    • Exhibit 132: Leia Inc. - Key offerings
  • 12.10 Lyncee Tec SA 
    • Exhibit 133: Lyncee Tec SA - Overview
    • Exhibit 134: Lyncee Tec SA - Product / Service
    • Exhibit 135: Lyncee Tec SA - Key offerings
  • 12.11 Mach7 Technologies Ltd. 
    • Exhibit 136: Mach7 Technologies Ltd. - Overview
    • Exhibit 137: Mach7 Technologies Ltd. - Product / Service
    • Exhibit 138: Mach7 Technologies Ltd. - Key offerings
  • 12.12 Nanolive SA 
    • Exhibit 139: Nanolive SA - Overview
    • Exhibit 140: Nanolive SA - Product / Service
    • Exhibit 141: Nanolive SA - Key offerings
  • 12.13 Ovizio Imaging Systems NV/SA 
    • Exhibit 142: Ovizio Imaging Systems NV/SA - Overview
    • Exhibit 143: Ovizio Imaging Systems NV/SA - Product / Service
    • Exhibit 144: Ovizio Imaging Systems NV/SA - Key offerings
  • 12.14 Phase Holographic Imaging PHI AB 
    • Exhibit 145: Phase Holographic Imaging PHI AB - Overview
    • Exhibit 146: Phase Holographic Imaging PHI AB - Product / Service
    • Exhibit 147: Phase Holographic Imaging PHI AB - Key offerings
  • 12.15 RealView Imaging Ltd. 
    • Exhibit 148: RealView Imaging Ltd. - Overview
    • Exhibit 149: RealView Imaging Ltd. - Product / Service
    • Exhibit 150: RealView Imaging Ltd. - Key offerings
  • 12.16 vision optics GmbH 
    • Exhibit 151: vision optics GmbH - Overview
    • Exhibit 152: vision optics GmbH - Product / Service
    • Exhibit 153: vision optics GmbH - Key offerings
  • 12.17 zSpace Inc. 
    • Exhibit 154: zSpace Inc. - Overview
    • Exhibit 155: zSpace Inc. - Product / Service
    • Exhibit 156: zSpace Inc. - Key offerings

13 Appendix

  • 13.1 Scope of the report
  • 13.2 Inclusions and exclusions checklist 
    • Exhibit 157: Inclusions checklist
    • Exhibit 158: Exclusions checklist
  • 13.3 Currency conversion rates for US$ 
    • Exhibit 159: Currency conversion rates for US$
  • 13.4 Research methodology 
    • Exhibit 160: Research methodology
    • Exhibit 161: Validation techniques employed for market sizing
    • Exhibit 162: Information sources
  • 13.5 List of abbreviations 
    • Exhibit 163: List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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