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Volumetric Display Market Size Worth $705.9 Million by 2025 | CAGR: 28.5%: Grand View Research, Inc.

Vlad Poptamas

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The global volumetric display market size is expected to reach USD 705.9 million by 2025, registering a CAGR of 28.5% over the forecast period, according to a study conducted by Grand View Research, Inc. Several in-built features such as visualization of holographic aerial images in free space, 360-degree spherical viewing angle, autostereoscopic capabilities, and motion-based depth cues are likely to drive the market over the forecast period.

Volumetric displays are widely preferred across several industries such as military and defense, healthcare, media, communication, entertainment, and aerospace owing to their built-in features. Massive investments in R&D by prominent market players such as LightSpace Technologies Inc. are estimated to create a significant opportunity for players to gain a substantial market share over the coming years. Moreover, these investments are majorly focused on improving overall in-built features of volumetric displays, which will cater to growing consumer demand for enhanced visual experiences during gaming and other applications. Robust deployment of 5G network infrastructure is further anticipated to spur the adoption of volumetric displays to provide seamless connectivity and enhanced experience to customers during video calls.

Key suggestions from the report:

  • By type, the static volume segment captured the major market share in 2018 owing to its features such as aerial images in free space, 360-degree spherical viewing angle, and motion-based depth cues
  • The swept volume segment is expected to witness rapid growth owing to significant investments by market players to develop advanced products within this category
  • In 2018, the medical segment attained a market size of around USD 50.0 million and is estimated to register substantial growth owing to increasing adoption of this technology in healthcare for viewing 3D imaging by extracting stored data from Magnetic resonance imaging (MRI), Computed tomography (CT), and other systems
  • North America accounted for the largest share in the global volumetric display market and is anticipated to exhibit the highest CAGR of more than 30.0% over the forecast period. The growth is due to rapidly increasing defense and healthcare spending to deploy modern technologies to obtain improved visualization during critical situations
  • Companies are aggressively investing in R&D to develop new products with enhanced features to strengthen their market position and enhance their product portfolio
  • Key players in the market include Lightspace Technologies Inc.; Voxon Photonics Pty Ltd.; The Coretec Group Inc.; and Holoxica Ltd.

Read 90 page research report with ToC on “Volumetric Display Market Size, Share & Trends Analysis Report By Display Type (Static Volume, Swept Volume), By End Use (Medical, Aerospace & Defense, Automotive), By Region, And Segment Forecasts, 2019 – 2025” at:
https://www.grandviewresearch.com/industry-analysis/volumetric-display-market

Advances in medical imaging technologies for more accurate diagnosis is expected to offer avenues for the market from 2019 to 2025. Use of volumetric displays in medical imaging applications to create real-time visualization of medical images enables a comprehensive acceptance of the technology across the industry. These are also used in several defense applications, such as visual representation of data related to situational awareness across the sea, space, land, and cyber space during simulation and training. Rapidly increasing defense spending for technological advancements in key countries such as U.S. and China, is also expected to propel the market growth over the forecast period.

Additionally, key market players are focusing on establishing partnerships and agreements with investors in order to raise funding to expand their market presence. However, high manufacturing costs owing to the intricate design of the product is expected to hinder the overall market growth in the coming years.

Grand View Research has segmented the global volumetric display market based on display type, end use, and region:

  • Volumetric Display Type Outlook (Revenue, USD Million, 2015 – 2025)
    • Static Volume Display
    • Swept Volume Display
  • Volumetric Display End-use Outlook (Revenue, USD Million, 2015 – 2025)
    • Medical
    • Aerospace & Defence
    • Automotive
    • Media, Communication, & Entertainment
    • Education & Training
    • Others (Oil & Gas, Mining, etc.)
  • Volumetric Display Regional Outlook (Revenue, USD Million, 2015 – 2025)
    • North America
      • U.S.
      • Canada
    • Europe
      • U.K.
      • Germany
    • Asia Pacific
      • China
      • India
      • Japan
      • South Korea
      • Australia
    • Rest of the World

Find more research reports on Display Technologies Industry, by Grand View Research:

  • Quantum Dot (QD) Display Market – Increasing demand for optimized display devices with better resolution quality and performance has driven the adoption of QD technology across various consumer electronics application areas.
  • Outdoor LED Display Market – Increasing demand for better resolution and affordable solutions is expected to drive the industry over the forecast period. The industry is characterized by rising trend towards interactive media.
  • Head-Up Display Market – Number of shipments of Head-Up Display (HUD) in 2016 was estimated to 3.75 Million units and is expected to witness a significant increase in terms of volume over the forecast period.

 

SOURCE Grand View Research, Inc.

Artificial Intelligence

Europe AI in Social Media Market By Component, By Technology, By Organization Size, By Application, By End User Industry, By Country, Competition, Forecast & Opportunities, 2025

GlobeNewswire

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New York, July 01, 2020 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Europe AI in Social Media Market By Component, By Technology, By Organization Size, By Application, By End User Industry, By Country, Competition, Forecast & Opportunities, 2025” – https://www.reportlinker.com/p05916824/?utm_source=GNWClare: clare@reportlinker.com
US: (339)-368-6001
Intl: +1 339-368-6001

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ABQQ Announces Plan of Opening its North America Operation Offices in NYC in October 2020

GlobeNewswire

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HONG KONG and NEW YORK, July 01, 2020 (GLOBE NEWSWIRE) — AB International Group Corp. (OTCQB: ABQQ), an intellectual property (IP) and movie investment and licensing firm announces its North America operation offices will be opening in October 2020. The North America operation office will be located in New York City, and will be headed by the Chief Investment Officer, who will be recruited in NYC. The office will be operating the company’s main business: acquisitions in IP and film copyrights; also planning to provide TV dramas and films to broadcast on video streaming websites worldwide, starting December 2020.
About AB International Group Corp. 
AB International Group Corp. is an intellectual property (IP) and movie investment and licensing firm, focused on acquisitions and development of various intellectual property. We are engaged to acquisition and distribution of movies. The Company has a Patent License to a video synthesis and release system for mobile communications equipment, in which the technology is the subject of a utility model patent in the People’s Republic of China. We had launched a business application through smartphones and official social media accounts based on WeChat platform in February 2019, utilizing Artificial Intelligence, it is a matching platform for performers, advertiser merchants, and owners for more efficient services. It generates revenues through an agency service fee from each matched performance.

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Artificial Intelligence

LSU CS Professor Studies COVID-19 Disparities on Social Media

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BATON ROUGE, La., July 01, 2020 (GLOBE NEWSWIRE) — During the COVID-19 pandemic, a plethora of information has gone out from various news sources about how the virus is being tracked, how it is spread, how many cases exist, and so forth. The problem is much of this vital information can be inaccurate, leaving people to ignore advice from public officials. For this reason, LSU Computer Science and Engineering Assistant Professor Kisung Lee and LSU Environmental Sciences Professor Nina Lam are evaluating how a population reacts to multiple sources of information, hoping to eliminate disparities in the messaging.“Studying different COVID-19 responses to trustworthy information will contribute new perspectives and improve our fundamental understanding of the human aspects of information trustworthiness during a pandemic,” Lee said.Lee, principal investigator on the project, and Lam recently received a $200,000 grant from the National Science Foundation for the project and will have University of Washington Center for Studies in Demography & Ecology Director Sara Curran and Cybersecurity Research Fellow Jessica Beyer work alongside them.Lee will collect and analyze Twitter and linked media data using artificial intelligence-based techniques; Lam will map the data into administrative regions and analyze the data geographically (state- and county-level comparisons); and Curran and Beyer will collect policy and media source trustworthiness data and analyze it with other contextual information, such as media framing. Data will be collected and analyzed in Louisiana and Washington.They will collect three waves of Twitter and associated data to compare sentiment and language use patterns among users and analyze how these characteristics evolve through the recognition of the emergency, the peak of the crisis, and the mitigation of the pandemic in the U.S. The tweets and entities will be classified for relevance (individual, organization, or bot) with derived age and location. The tweets will be associated with daily disease-specific rates and annual demographic and socio-economic information.“Data about the surrounding information context, including reporting trends and framing of the crisis, sources of health information, and information-seeking behavior about COVID-19, will provide tools for assessing the validity and reliability of our inferences about the patterns of sentiment and language use,” Lee said. “This project will provide insight for targeting effective public messaging by public health and government officials during a crisis and ultimately improve disaster resilience.”Like us on Facebook (@lsuengineering) or follow us on Twitter and Instagram (@lsuengineering).​Josh Duplechain
LSU College of Engineering
225-578-5706
josh@lsu.edu

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