Light Field Market by Technology (Imaging Solution and Light Field Display), by Vertical (Defense and Security, Media and Entertainment, Healthcare and Medical, Architecture and Engineering, and Industrial), and by Geography (North America, Europe, Asia Pacific, Middle East & Africa, and Latin America) – Global Forecast to 2026
Light Field market is expected to grow from USD 793.4 Million in 2017 to USD 2600.53 Million by 2026, at a CAGR of 14.1% between 2017 and 2026.
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Key factors expected to drive the growth of market include emerging 4D and 5D technologies, growing demand for light field technology for producing visual effects in movies, and rising need for prototyping and growing demand of medical imaging. However, lack of Availability of 3D Content and lack of Infrastructure Support to Implement Light Field Market Imaging are restraining light field market growth.
Light field imaging solutions held accounted for the major share in 2016
By technology, Light Field Market is segmented into imaging solution and light field display. From this segment imaging solutions held the largest share of the market, this supports businesses to create industry leading mixed reality products.
Healthcare industry to witness higher growth rates by 2026
By Vertical light field market is divvied into Defense and Security, Media and Entertainment, Healthcare and Medical, Architecture and Engineering, and Industrial. From this segment, healthcare and medical imaging industry to experience higher CAGR between 2017 and 2026
North America dominates the Light Field Market
Geographically market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. North America is currently the holder of the largest share of the light field technology market; this is because organizations are mainly investing in light field and 3D imaging for technological advancements to fuel the market growth in North America.
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