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Next Generation 3D Display Market size is set to grow by USD 1.05 billion from 2024-2028, Increasing advent of VR in gaming boost the market, Technavio

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NEW YORK, July 8, 2024 /PRNewswire/ — The global next generation 3D display market size is estimated to grow by USD 1.05 million from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of  18.52%  during the forecast period. Increasing advent of VR in gaming is driving market growth, with a trend towards increasing usage of 3d display in medical industry. However, high cost associated with 3d displays  poses a challenge. Key market players include Alphabet Inc., AUO Corp., Avalon Holographics Inc., Avegant Corp., Continental AG, CREAL SA, Dimenco BV, FoVI3D, Holografika Kft., LG Electronics Inc., Looking Glass Factory Inc., NVIDIA Corp., Ostendo Technologies Inc., Panasonic Holdings Corp., Robert Bosch GmbH, Samsung Electronics Co. Ltd., SeeReal Technologies SA, Sharp Corp., Toshiba Corp., and VividQ Ltd..

Get a detailed analysis on regions, market segments, customer landscape, and companies- View the snapshot of this report

Next Generation 3D Display Market Scope

Report Coverage

Details

Base year

2023

Historic period

2018 – 2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 18.52%

Market growth 2024-2028

USD 1053 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

15.17

Regional analysis

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

Performing market contribution

North America at 37%

Key countries

US, China, South Korea, Germany, and UK

Key companies profiled

Alphabet Inc., AUO Corp., Avalon Holographics Inc., Avegant Corp., Continental AG, CREAL SA, Dimenco BV, FoVI3D, Holografika Kft., LG Electronics Inc., Looking Glass Factory Inc., NVIDIA Corp., Ostendo Technologies Inc., Panasonic Holdings Corp., Robert Bosch GmbH, Samsung Electronics Co. Ltd., SeeReal Technologies SA, Sharp Corp., Toshiba Corp., and VividQ Ltd.

Market Driver

Next generation 3D displays are revolutionizing the medical industry by offering more accurate and detailed visualizations for diagnoses and treatments. Traditional 2D medical displays have limitations, but advancements in technology have led to the creation of 3D display devices. One such example is CSpace by Coretec, which provides high-resolution, full-color 3D images inside a glass chamber. This display offers a 360-degree viewing angle, enabling comprehensive examination of the images. The true 3D images facilitate better visual acuity for surgeons, reducing surgery time and preparation. Researchers are also using 3D displays to create virtual human body models for disease and treatment studies, leading to potential new discoveries. The benefits of 3D displays in medical applications are driving the demand for next generation 3D display systems, making a significant impact on patient diagnosis and treatment outcomes. 

The Next Generation 3D Display Market is experiencing significant growth, driven by major players like Samsung Electronics and ZTE investing in panel manufacturing for advanced 8K television sets. Smart TVs with 3D technology are becoming the new norm, with Ofcom reporting a surge in demand. Brands like Nubia, Acer, and Asus are also jumping on the bandwagon, releasing 3D displays for various electronic devices such as monitors, TVs, digital photo frames, and notebook computers. The gaming industries and VR are major adopters, with HMD displays gaining popularity. 5G deployment is expected to further boost this market, benefiting industrial automation and PC gaming. Brands like Ericsson, Motorola, and the Edge 4K are also entering the fray. However, health-related issues and highdefinition graphics standards must be addressed to ensure visual comfort for consumers. The middleclass population with disposable income is the primary target demographic. The market also includes LCD, LED, OLED, and 4K displays, as well as projectors and digital cinema screens. NFTs are also expected to play a role in the monetization of 3D content. 

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Market Challenges

The next generation 3D display market faces significant challenges due to the high cost of devices and associated equipment. While 3D game consoles range from USD200 to USD400 and 3D projectors from USD1,000 to USD10,000, affordability remains an issue, particularly in low-income countries. The cost extends to new 3D games for consoles and high maintenance and repair costs due to complex technology. Modifying existing systems for 3D displays also adds to the expense. These factors may deter potential buyers, favoring less expensive alternatives, thereby limiting market growth for next generation 3D displays.The Next Generation 3D Display Market is experiencing significant growth, with companies like Ericsson, Motorola, and others introducing innovative products such as the Vision Pro and ELF-SR2. Consumer electronics, including monitors, TVs, digital photo frames, and notebook computers, are integrating 3D technology for enhanced user experience. Challenges include the high cost of 3D displays, the need for specialized glasses, and health-related issues. The gaming industries and home entertainment sectors are major drivers, with high-definition graphics and 4K becoming the norm. The middle class population with disposable income is a key target market. Standards of living and technological advancements continue to push the boundaries of 3D technology, with Micro OLED, stereoscopic displays, and autostereoscopic technology leading the way. The HMD display, DLP, PDP, and LED panels are all vying for market share, with image quality and response time being crucial factors. The market also includes projectors and digital cinema screens, with NFTs and video games adding to the demand for high-definition graphics. The challenges of implementing 3D technology in electronic devices remain, but the potential rewards for companies that succeed are significant.

For more insights on driver and challenges – Request a sample report!

Segment Overview 

This next generation 3d display market report extensively covers market segmentation by  

Component 1.1 Consumer electronics1.2 Automotive1.3 Healthcare1.4 OthersProduct 2.1 Stereoscopic display2.2 Volumetric display2.3 HMD2.4 OthersGeography 3.1 APAC3.2 North America3.3 Europe3.4 Middle East and Africa3.5 South America

1.1 Consumer electronics-  The next generation 3D display market encompasses various consumer electronics, including 3D projectors, gaming consoles, holographic displays, smartphones, tablets, personal computers, and TVs. These devices require advanced and intricate electronics and technology for seamless 3D functionality. Augmented reality (AR) and virtual reality (VR) technologies, such as binocular vision display and light field display, are advancing rapidly and are predicted to influence the future of holographic displays. Companies, like Facebook with Oculus Go and Quest, and tech giants, such as Microsoft and Google, are investing in holographic devices. Real-world holographic reconstruction applications and H3D projection into space via micro displays for head-mounted displays are anticipated to fuel market growth during the forecast period.

For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2017-2021) – Download a Sample Report

Research Analysis

The Next Generation 3D Display Market is poised for significant growth, driven by the increasing demand for immersive home entertainment and advanced industrial applications. The market encompasses various display technologies, including LCD, LED, OLED, and 3D, with the latter gaining traction due to its ability to provide a more realistic viewing experience. The market is not limited to consumer electronics such as smart TVs, but also includes industrial applications in sectors like automation and 5G deployment. High-definition graphics, visual comfort, and health-related issues are key considerations in the development of these displays. The market is also influenced by trends in PC gaming, VR, and NFTs, as well as the growing disposable income and middleclass population, particularly in emerging markets. Standards of living and regulatory bodies like Ofcom play a role in shaping the market, while companies continue to innovate and invest in research and development to meet consumer demands.

Market Research Overview

The Next Generation 3D Display Market is experiencing significant growth due to advancements in 3D technology, 5G deployment, and increasing disposable income among the middleclass population. This market encompasses various electronic devices, including monitors, TVs, digital photo frames, notebook computers, projectors, and industrial automation applications. High-definition graphics, such as 8K and 4K, are driving demand for 3D displays in home entertainment and consumer electronics. Health-related issues and visual comfort are becoming essential considerations in the design of 3D displays, with autostereoscopic technology and HMD displays offering solutions. The gaming industries and academics are also embracing 3D displays for immersive experiences in video games, movies, animations, and VR applications. 3D technology is not limited to LCD, LED, and OLED panels. Micro OLED and stereoscopic displays are gaining popularity in niche markets, such as digital cinema screens and PC gaming. HMS Networks and Ericsson are among the companies contributing to the development of industrial automation applications using 3D displays. Standards of living and the middleclass population’s increasing standards are fueling the demand for high-quality 3D displays. NFTs and the growing popularity of NFTs in art and collectibles are also expected to contribute to the market’s growth. Key players in the market include Samsung Electronics, ZTE, Nubia pad 3D, Acer, Asus, Motorola, and the Edge 40, among others. The market is expected to continue growing, with innovations in 3D technology and the increasing adoption of 5G set to drive demand.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

ComponentConsumer ElectronicsAutomotiveHealthcareOthersProductStereoscopic DisplayVolumetric DisplayHMDOthersGeographyAPACNorth AmericaEuropeMiddle East And AfricaSouth America

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

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.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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Internet Society Report Highlights Challenges and Recommendations for Internet Connectivity in the Middle East

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WASHINGTON, Sept. 22, 2024 /PRNewswire/ — The Internet Society (ISOC), a global charitable organization advocating for an open, globally connected, and secure Internet, released a comprehensive report on the state of Internet connectivity across the Middle East and North Africa (MENA) region.

The report underscores Internet connectivity as a catalyst for economic growth and social development and how an increase in fixed broadband access has a direct impact on growing gross domestic product (GDP).

Key Findings:

Growth in Mobile and Fixed Broadband: Both mobile and fixed broadband connections have grown substantially from 2015 to 2021, particularly in Gulf States with advanced fiber-optic and 5G networks. However, deployment has been slower in other parts of the region, primarily due to infrastructure challenges and affordability issues.

Mobile Internet users increased from 130M to over 180M between 2016 and 2021, with Egypt, Tunisia, and Morocco showing the highest growth rates. Fixed broadband users rose from 17M to 29M in the same period, with Egypt leading the way. The Arab region lags behind other regions in fiber optic deployment, with stagnation in investment since 2018.

High-Income Countries: Significant progress in broadband infrastructure, especially in Gulf Cooperation Council (GCC) countries due to 5G rollout. High-income countries improved their Internet availability from 77.34 to 79.37, surpassing global averages.Low-Middle-Income Countries: Broadband has improved modestly, but challenges persist. Despite overall progress, a significant digital divide remains between high-income and low-middle-income countries, partly due to political and economic instability in some regions, such as Tunisia and Syria.

Infrastructure Challenges: There is a heavy reliance on European Internet Exchange Points for international Internet traffic, which results in slower speeds due to additional data hops.

Emerging Technologies: The report emphasizes the role of emerging technologies such as High-Throughput Satellites (HTS) and Low-Earth Orbit (LEO) satellites in bridging the connectivity gap. These technologies are crucial for expanding access to underserved rural areas.

Impact of COVID-19: The COVID-19 pandemic has adversely affected network performance and digital transformation plans, causing delays and disruptions in connectivity improvements.

Recommendations:

Policy and Regulation: The Internet Society advocates revising regulatory frameworks to accelerate infrastructure deployment. Key recommendations include enhancing spectrum policies, removing regulatory barriers, and fostering public-private partnerships to drive investment, competition, and support for small and medium enterprises.

Spectrum Availability: North African countries have limited spectrum compared to global averages, impacting network capacity and costs.Regulatory Frameworks: Enhance regulatory frameworks to foster investment, encourage spectrum and infrastructure sharing, and support new technologies like HTS and LEO satellites.

Collaboration and Investment: Promote public-private partnerships and update national broadband plans to improve infrastructure and connectivity.

Digital Skills and Literacy: Addressing digital skills and literacy is crucial for maximizing the benefits of Internet connectivity. The report calls for more affordable, relevant, and inclusive education and training programs to build a digital workforce.

Local Internet Exchange Points (IXPs): The report stresses the importance of establishing and upgrading IXPs to enhance local Internet traffic, reduce costs, and improve service quality. Governments are encouraged to support IXPs by providing resources and facilitating network interconnections.

“The Internet has become indispensable for many people, and its role in connecting people, fostering economic opportunities, and driving innovation is undeniable. The Arab region has made big leaps in the availability and adoption of the Internet in recent years; however, adoption rates are still low. We hope that governments will use our report to learn about the improvements that can be made in infrastructure deployment, affordability of service, market structure, and regulatory frameworks,” explains Nermine El Saadany, Regional Vice President for the Middle East for the Internet Society.

About the Internet Society
Founded by Internet pioneers, the Internet Society (ISOC) is a global charitable organization dedicated to ensuring the open development, evolution, and use of the Internet. Through a global community of chapters and members, the Internet Society collaborates with a wide range of groups to promote the technologies that keep the Internet safe and secure and advocates for policies that enable universal access. The Internet Society is also the organizational home of the Internet Engineering Task Force (IETF).

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View original content:https://www.prnewswire.co.uk/news-releases/internet-society-report-highlights-challenges-and-recommendations-for-internet-connectivity-in-the-middle-east-302251836.html

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Representatives from 57 countries, regions and 6 international organizations, are gathering in Suzhou.

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What important topics are they discussing about? Let’s find out!

BEIJING, Sept. 22, 2024 /PRNewswire/ — I’m Xiao Lin from National Immigration Administration. On September 9th, the first Sub-Forum on Migration Management Cooperation was successfully held. Representatives from all parties expressed their insights and appeals around the development and innovation of migration governance.

It was truly a content-rich event!

Why does the international community focus on the topic of “Migration Governance” so much?

At present, changes unseen in a century is unfolding at a faster pace. The situation in the wider world remains complex and fluid. However, peace, development, cooperation and win-win results are still an unstoppable historical trend. Migration governance is critical to economic development of individual countries, global security governance and international cultural and people-to-people exchanges. It has increasingly become a key issue in global governance.

Here are the key points:
At the forum, NIA made three commitments: implementing more open policies for the cross-border flow of people, more effective actions in the governance of transnational crimes and more extensive global cooperation in migration governance, injecting new impetus to opening up and development; At the same time, three initiatives have been put forward, [Original scene of the initiative] contributing China’s wisdom and solutions to global migration governance and further showcasing its image as an open, confident, secure, and thriving major power.

Representatives also made keynote speeches, sharing their migration governance policies, measures and experience, and providing their perspectives on regional and international migration governance.

Pooling wisdom for win-win results.

In a changing era, National Immigration Administration of China stands ready to work with all parties to promote global migration governance to a higher level and contribute more wisdom to world peace, development, prosperity and stability!

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SOURCE National Immigration Administration

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Supreme Court Justice Michelle O’Bonsawin Joins Elementary Students for Live Virtual Q&A and Chapter One Storybook Reading on Sep. 24

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The Honourable Justice Michelle O’Bonsawin, the first Indigenous person appointed to the Supreme Court of Canada, will join elementary students in a live virtual Q&A on September 24, from 1:00-2:15 pm ET, following a reading of the children’s storybook, “Daanis the Judge.” This event is hosted by Chapter One, a children’s literacy charity, to commemorate the National Day for Truth and Reconciliation. Lawyer Victoria Perrie, writer of “Daanis the Judge,” will read aloud the inspiring story, which is based on Justice O’Bonsawin’s remarkable journey. Illustrator EJ Miller-Larson will join Justice O’Bonsawin and Perrie in a moderated Q&A session with over 1900 elementary students.

TORONTO, Sept. 21, 2024 /PRNewswire-PRWeb/ — The Honourable Justice Michelle O’Bonsawin, the first Indigenous person to be appointed to the Supreme Court of Canada, will join elementary students in a live virtual Q&A following a live online reading of the original children’s storybook “Daanis the Judge,” on September 24, from 1:00-2:15 pm ET. The event will be hosted by Chapter One to mark the National Day for Truth and Reconciliation. Chapter One is a children’s literacy charity that provides 1:1 high-impact reading tutoring and co-creates original storybooks with participating communities nationwide.

“I am very humbled and proud to be a part of the book, “Daanis the Judge.” My hope is that this book will inspire youth to dream big and know that anything is possible. I am evidence of that!” – Justice Michelle O’Bonsawin

Métis-Cree lawyer Victoria Perrie, who wrote “Daanis the Judge,” will lead the live reading. Students will ask questions during a moderated Q&A with Justice O’Bonsawin, Perrie, and illustrator EJ Miller-Larson, of the Fond du Lac Band and Oneida Nation.

“Daanis the Judge” was inspired by Justice O’Bonsawin’s trailblazing career. It tells the story of a young student, Daanis, who dreams of becoming a judge after learning about Justice O’Bonsawin’s achievements.

The story is part of Chapter One’s growing collection of original children’s e-storybooks, co-created with Indigenous writers, illustrators and communities. The e-storybooks celebrate Indigenous experiences and perspectives, and feature audio clips of Elders pronouncing foundational words in their communities’ first languages. All e-storybooks are provided for free through the Global Free Library.

About Chapter One

Chapter One (chapterone.org/ca) is a global nonprofit and registered Canadian charity that provides one-on-one early literacy tutoring programs to 2,300 children in eight provinces and territories across Canada. Its proven “short burst” high-impact tutoring approach—five-minute sessions, three to five times a week—is ideally suited to young children’s attention spans and aligns with the Science of Reading. In one of the largest randomized control trials conducted on early literacy instruction, researchers from Stanford University found that 7 out of 10 students receiving Chapter One high impact tutoring achieved phonics benchmarks by the end of Kindergarten, compared to 32% in the control group.

Children at risk of reading failure receive 1:1 reading support from trained, paid paraprofessional tutors through Chapter One’s online reading platform and custom software. Programs are delivered in-person and virtually in classrooms through agreements with schools and school boards, and at home on families’ smartphones, connecting struggling readers with individualized reading support—regardless of location and circumstance, even in some of the most geographically remote communities in Canada.

In addition to its tutoring programs, Chapter One collaborates with Indigenous communities to co-create children’s stories that represent the communities’ priorities and experiences and advance language revitalization efforts. The e-storybooks are provided for free online, as part of the Global Free Library.

Event details

The Live Virtual Q&A and Reading of “Daanis the Judge” with the Honourable Justice O’Bonsawin takes place on Tuesday, September 24, from 1:00-2:15 pm ET via Zoom. The event is open to elementary classes (Grades 1-6). Teachers/principals must register their classes in advance using this link.

Media Contact

Denise Orosa, Chapter One Canada, 1 4374224825, denise.orosa@chapterone.org, chapterone.org/ca

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SOURCE Chapter One Canada

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