The Digital Holography Market is currently in its infancy and is expected to grow rapidly in the coming years. It is expected to grow in value from USD 2.2 billion in 2019 to USD 5.4 billion by 2024, at a CAGR of 19.8% from 2019 to 2024. Rising demand for Digital Holography in medical and commercial applications, as well as the increasing use of digital holography microscopy for precise measurements, are major drivers influencing market growth. Furthermore, underlying opportunities for the digital holography market include potential demand for holographic displays for near-eye applications as well as latent opportunities for digital holographic solutions in APAC countries such as China, Japan, and South Korea. On the other hand, factors such as the high cost of digital holographic systems and the computational complexities involved in the acquisition and reconstruction of holograms are impeding the market's growth.

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Product launches and developments, acquisitions, agreements, collaborations, contracts, expansions, and partnerships are among the key strategies implemented by major players between 2016 and 2024. Among the few prominent players who have adopted these strategies are Lyncee Tec (Switzerland), Holoxica Limited (UK), RealView Imaging (Israel), EON Reality (US), and Phase Holographic Imaging (Sweden).

Top 2 Players in Digital Holography Market:

Lyncee Tec SA (Switzerland)

In 2018, Lyncee Tec (Switzerland) was ranked first in the Digital Holography Market. Lyncee is a leading provider of 3D analysis instruments and related software. For technological innovations, the company collaborates with competence centres and universities such as the Swiss Federal Institute of Technology (EPFL) (Switzerland) and the University of Lausanne. It has strengthened its leadership in digital holography microscopy over the years, as well as sharpened its focus on systems and software for the same. Lyncee debuted a Digital Holographic Camera in June 2018. The camera produces non-invasive, marker-free images of cells that can be characterised without disturbing them. The launch aided the company in expanding its product portfolio.

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Holoxica Limited (UK)

Holoxica is a company that focuses on holographic 3D visualisation technologies such as digital holograms and holographic video displays. The company's primary business lines are developing a pioneering 3D holographic display system and designing innovative 3D holograms. Light-field video displays, static digital holograms, graphics processors, visualisation software and related applications, and services are all available from the company. It is involved in 3D holography research and development, as well as research into a holographic 3D video display, which is designed to view images in real time as they are produced by medical scanners. Looking Glass 3D display was demonstrated at Heriot Watt University in June 2019. The display provides real-time full-color 3D images. There is no need for glasses or headsets, and multiple viewers can see the 3D image at the same time (typically 3 to 5 people). It has the potential to directly replace current AR/VR headsets, which are inconvenient, uncomfortable, and impediments to 3D visualisation.

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