Global Light Field Market 2018-2023 - Evolvement of Virtual Reality and Artificial Technologies - ResearchAndMarkets.com

DUBLIN — (BUSINESS WIRE) — January 30, 2018 — The "Light Field Market by Technology (Imaging Solution, Display), Vertical (Healthcare and Medical, Defense and Security, Media and Entertainment, Architecture and Engineering, Industrial), and Geography - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.

The light field market was valued at USD 924.7 Million in 2018 and is expected to reach USD 1,822.3 Million by 2023, at a CAGR of 14.5% during the forecast period.

Major factors driving the growth of light field market includes the increasing demand for light field technology in visual effects technology in movies, just-in-time marketing, rising need of prototyping, and emerging 4D & 5D technologies.

North America and Europe are the major leaders in the light field market, mainly because of the strong presence of key players in these regions. Presently, the light field market in North America is the largest revenue contributor as compared to others in this region; organizations are mainly investing in light field and 3D imaging for technological advancements to fuel the market growth. This region has been amenable toward adopting light field and 3D imaging within the companies for enhancing visualization and augmented customer experience. APAC is emerging as the potential market for solutions based on the light field technology. This region is adopting light field-based 3D technology and its solutions significantly.

The lack of infrastructure support to implement light field imaging is hindering the growth of the market. Also, the lack of availability of 3D content poses a crucial challenge for this market.

Market Dynamics

Drivers

  • Growing Demand for Light Field Technology for Producing Visual Effects in Movies
  • Just-in-Time Marketing
  • Rising Need for Prototyping and Growing Demand of Medical Imaging
  • Emerging 4D and 5D Technologies

Restraints

  • Lack of Infrastructure Support to Implement Light Field Imaging

Opportunities

  • Rising Demand for High-Definition Viewing Experience
  • Evolvement of Virtual Reality and Artificial Technologies

Challenges

  • Lack of Availability of 3D Content

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Light Field Market, by Technology

7 Light Field Market, by Vertical

8 Light Field Market, by Geography

9 Competitive Landscape

10 Company Profiles

  • Apple Inc.
  • Avegant
  • Fovi 3D
  • Holografika
  • Japan Display
  • Leia Inc.
  • Light Field Lab
  • Lumii
  • Lytro
  • Nvindia
  • Otoy
  • Panasonic Corporation
  • Pelican Imaging Corporation
  • Raytrix
  • Ricoh Innovations Corporation
  • Samsung Display
  • Sony Corporation
  • Toshiba

For more information about this report visit https://www.researchandmarkets.com/research/xc6kw7/global_light?w=4



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