Holographic display is considered as the display technology of the future. Rising demand for this technology from around the world with rapid technological advancements are expected to improve the business opportunities in this market over the next few years. Although this concept already exists in the techno world, it is still used in the controlled environments and for limited applications. Rising demand for this technology and increasing application areas are expected to boost the overall holographic display market.
Holographic imaging and display helps creating three dimensional images of the objects. This technique provides clear three dimensional images, which increases its applications across different industrial verticals. The global holographic display industry is mainly driven by rising demand across multiple industries like healthcare, medical and media. Growing applications of this technology in advertising and event industries are also poised to provide major traction to the market in the years to come.
Future of the television manufacturing seems bright in literal sense, which is expected to require technologies like holographic display for clarity. As a result, the global holographic display market is expected to witness exponential growth over the next few years. The market is said to be worth $3.57 billion by 2020. While North America is poised to dominate the geographic regions, Asia Pacific region is expected to witness intense growth over the next few years.
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