According to a new report Global Light Field Market, published by KBV research, The Global Light Field Market size is expected to reach $167 Million by 2027, rising at a market growth of 14.6% CAGR during the forecast period.
The media & entertainment segment would exhibit a promising growth rate during the forecast period. Moreover, the segment is likely to dominate the light field market due to the surge in the focus on auto stereoscopy. Auto stereoscopy has the ability to show stereoscopic images on screens without the need of wearing any 3D glasses. This technology works with the help of broad viewing angles and motion parallax and offers viewers a false perception of 3D imaging.
The software segment would display the highest growth rate during the forecast period. The software utilized in the light field market is capable of providing the images and making the input images, video, and structures ready for the output of light field display. The ongoing research & development activities in software help the user to create 3D structures and virtual objects in the light field ecosystem without the requirement for a light field camera and create 3D samples that can be seen from naked eyes.
In 2020, North America emerged as the dominating region by obtaining the maximum revenue share of the light field market. Companies in the region are putting heavy investments in light fields and 3D imaging, hence boosting the demand & growth of the light field in the regional market. The region has remained at the forefront for the adoption of light field and 3D imaging by the companies with an aim to improve visualization and better customer experience.
Full Report: https://www.kbvresearch.com/light-field-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Toshiba Corporation, Apple, Inc., Sony Corporation, Google, Inc., NVIDIA Corporation, Dimenco, Raytrix GmbH, Holografika, Fathom Optics, Inc. and Looking Glass Factory, Inc.
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