Digital Holography Market Size To Reach $12.30 Billion By 2030

Digital Holography Market Growth & Trends

The global digital holography market size is expected to reach USD 12.30 billion by 2030, growing at a CAGR of 18.8% from 2023 to 2030, according to a new report by Grand View Research, Inc. The market has experienced remarkable growth owing to the growing demand for digital holography in the medical industry. The components of digital holography, including hardware, sensors, and software solutions, are instrumental in driving the market's growth. These components enhance image quality, increase efficiency and accuracy, and enable diverse applications across various industries. Furthermore, continuous technological advancements and innovation in these components further propel the expansion of the digital holography industry by unlocking new possibilities and attracting more industry adoption.

Digital holography offers healthcare professionals various benefits, such as improved diagnostic accuracy, enhanced patient communication, and precise treatment interventions. Moreover, professionals use this technology to obtain detailed and realistic representations of anatomical structures. Therefore, the growing demand for digital holography is expected to continue in the medical industry over the forecast period. Digital holography is widely used in industries such as manufacturing and research, which require accurate measurement and analysis of microscopic objects.

Digital holography technology provides high-resolution 3D images as well as precise measurements of size, shape, and surface characteristics to various organizations involved in precise measurements. It also plays a significant role in fields such as nanotechnology, material science, and biological research, where accurate measurements are crucial for scientific advancements and process optimization. Moreover, firms in advertising and events are leveraging digital holography to grab the attention of their audiences in a unique and immersive way, thereby increasing brand awareness. As such, the growing adoption of digital holography in numerous industries is expected to bode well for market growth.

The digital holography industry is expected to experience significant growth in response to the increasing threats of illicit trade and counterfeiting. The International Hologram Manufacturers Association (IHMA) predicted increased demand for holographic authentication and track-and-trace systems, driving the adoption of security devices like holograms. This growth is particularly significant in the pharmaceutical and cosmetics sectors, where authentication devices are projected to experience continued expansion. In addition, the use of anti-counterfeiting solutions in the packaging industry, including holograms, will play a vital role in verifying authenticity, ensuring quality, and combating the distribution of counterfeit products. Digital holography is being extensively adopted in the healthcare industry post-COVID-19 pandemic. For instance, in June 2023, National Taiwan University Hospital implemented Microsoft HoloLens 2 to enhance medical diagnoses, training, and consultations. Augmented reality technology provides doctors with interactive and immersive experiences, enabling them to visualize and manipulate medical data in real-time, leading to improved accuracy and efficiency in healthcare practices.

The market is fragmented and characterized by the presence of several key players. These players are adopting strategies such as partnerships and collaborations to gain a competitive edge. For instance, in July 2023, EON Reality, an augmented reality and virtual reality software developer, announced an extended partnership with the Centre of Technical Excellence (CENTEXS) in Sarawak to improve immersive training and learning experiences through EON Icube’s upgraded infrastructure.

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Digital Holography Market Report Highlights

• The digital holography industry is growing due to factors such as increased adoption of holographic displays in the media and advertising industries and increased demand for digital holography in the medical industry

• In terms of offering, the hardware segment held the largest revenue share of 53.0% in 2022 and will continue to retain its dominance over the forecast period. Rapid advancements in hardware devices such as image sensors, wavefront sensors, holographic displays, and Spatial Light Modulators (SLM) contribute to the growth of the segment

• Based on dimensions, the three-dimensional (3D) segment is projected to grow at the fastest CAGR of 19.4% over the forecast period. The 3D digital holography segment growth is attributed to its various end-use applications across the healthcare, aerospace, education, entertainment, and advertising industry

• Based on application, the holographic microscopy segment held the largest revenue share of 34.7% in 2022. The growth of this segment can be attributed to its capability to provide a microscopic representation of objects, which is useful in applications such as micro optics and micro-electromechanical systems (MEMS)

• In terms of end-use vertical, the healthcare segment held the largest market share of 23.0% in 2022. This can be attributed to the increasing number of surgeries and the increased requirement of holography for medical training and education

Digital Holography Market Segmentation

Grand View Research has segmented the global digital holography market based on offering, dimension, application, end-use vertical, and region:

Digital Holography Offering Outlook (Revenue, USD Million, 2017 - 2030)

• Hardware

• Software

Digital Holography Dimension Outlook (Revenue, USD Million, 2017 - 2030)

• Two-dimensional (2D)

• Three-dimensional (3D)

Digital Holography Application Outlook (Revenue, USD Million, 2017 - 2030)

• Holographic Microscopy

• Holographic Imaging

• Holographic Telepresence

• Others

Digital Holography End-use Vertical Outlook (Revenue, USD Million, 2017 - 2030)

• Healthcare

• Automotive

• Aerospace & Defense

• Education

• Consumer Electronics

• Entertainment

• Others

Digital Holography Regional Outlook (Revenue, USD Million, 2017 - 2030)

• North America

  • U.S.

  • Canada

• Europe

  • U.K.

  • Germany

  • France

• Asia Pacific

  • China

  • India

  • Japan

  • South Korea

  • Australia

• Latin America

  • Brazil

  • Mexico

• Middle East & Africa

  • Kingdom of Saudi Arabia (KSA)

  • UAE

  • South Africa

List of Key Players in the Digital Holography Market

• Lyncee TEC SA

• RealView Imaging

• Phase Holographic Imaging AB (PHI)

• EON Reality, Inc.

• Holmarc Opto-Mechatronics

• Holotech Switzerland AG

• Geola Digital Uab

• Leia Inc.

• Ovizio imaging systems

• RealFiction

• Himax Technologies, Inc.

• MetroLaser

• HYPERVSN

• VividQ Ltd

• SAMSUNG

• Meta