Connect with us

Technology

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

Published

on

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. 

Discover 360° analysis of this market. For complete information, schedule your consultation – Book Here!

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/

View original content to download multimedia:https://www.prnewswire.com/news-releases/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-302189618.html

SOURCE Technavio

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

Clock Ticking on San Jose Worker Contracts as City Council Eyes July Recess

Published

on

By

SAN JOSE, Calif., June 18, 2026 /PRNewswire/ — Several months of tense negotiations between the San Jose City Administration and thousands of dedicated City of San Jose workers have now resulted in two of the City’s largest worker contracts set to expire – just as the San Jose City Council leaves for their July recess. On Thursday, June 18, after receiving the City’s Last, Best, and Final Offer (LBFO) and working to reach a deal before contract expiration, San Jose workers represented by IFPTE Local 21 and MEF-AFSCME Local 101 have called for mediation in order to reach a fair agreement.

Last Wednesday, June 10, workers rallied at San Jose Mineta International Airport (SJC) to call on the San Jose City Administration to secure a contract that will allow the City of San Jose to retain and recruit excellent public workers. While negotiations continued after the rally, the City’s LBFO remains one that does not invest in city services and one that will not retain the city’s skilled workforce.

Members of both unions are concerned that the upcoming budget has proposed staffing cuts to several departments, including the Library, Public Works, and the Housing Department. Instead of investing in our community, city officials have elected to spend taxpayer money on corporate giveaways through massive contracts with ineffective AI companies and an outrageous $351 million subsidy towards hockey arena renovations. The City could develop a strategy that ensures corporations pay their fair share from benefitting directly from city services. Instead, San Jose insists on cutting taxes for some of the largest corporations that occupy the city, while residents and working families pay more.

“We are the workers who keep San Jose running every day. We’ve shown up at the bargaining table ready to negotiate a fair contract every week. It’s time for the City to turn things around in order to retain workers. San Jose workers and the residents we serve deserve better,” said Carlos Murillo, an Associate Engineer at SJC, and IFPTE Local 21 Bargaining Team Member. “It’s time to invest in our city services. It’s time to put San Jose first.”

“San Jose remains already one of the most thinly staffed major cities in California. The City has a real opportunity. With San Jose being a World Cup host city, we have seen our community come together. San Jose has the potential to highlight the amazing public services our city has to offer and the hard-working people who make those services happen,” said MEF Local 101 Chief Steward Heidi Mendiola, a Police Data Specialist.

San Jose workers haven’t gone on strike in two decades. Three years ago, San Jose workers organized a city-wide strike vote that shed light on the city’s dangerous understaffing and retention issues. Workers are disheartened to know that instead of working on revenue, this administration has instead continued to remain one of the few cities to cap its business license tax on large businesses, with its largest only paying $185,532 in taxes. This includes massive Fortune 500 companies, such as Cisco Systems, which reported $56 billion in revenue and $10 billion in profits for Fiscal Year 2025; PayPal Holdings, which reported $33 billion in revenue and $5.2 billion in profits; and Adobe Inc., which reported $23 billion in revenue and $7.1 billion in profits.

View original content:https://www.prnewswire.com/news-releases/clock-ticking-on-san-jose-worker-contracts-as-city-council-eyes-july-recess-302805005.html

SOURCE IFPTE Local 21

Continue Reading

Technology

Trupeer AI Appoints Former UiPath APAC President & CEO Raghu Subramanian to Lead Japan Enterprise Expansion

Published

on

By

TOKYO, June 19, 2026 /PRNewswire/ — Trupeer AI, the workflow knowledge layer for teams and AI agents, today announced the appointment of Raghu Subramanian as President and Chief Business Officer, as the company accelerates its next phase of global enterprise expansion. Backed by RTP Global and Salesforce Ventures and trusted by more than 50,000 teams in over 100 countries and 120 languages, Trupeer is strengthening its leadership team to scale adoption across enterprises, SaaS companies, Global Capability Centers (GCCs), and technology-enabled business services companies.

Japan is a strategic growth market for Trupeer, where enterprises face a growing knowledge-retention challenge as experienced employees retire and institutional expertise leaves with them. Trupeer addresses this by capturing workflows and institutional knowledge and turning them into AI-ready contexts accessible in more than 120 languages, including Japanese and English. By eliminating the bilingual bottleneck, the platform lets Japanese enterprises scale their own expertise to global teams, while giving multinational organizations instant access to existing knowledge for their Japan-based teams. Several of the world’s largest software companies use Trupeer to create Japanese-language content as they deepen their presence in the country, and  major Japanese pharmaceutical companies use Trupeer to enable learning and development at scale, capturing veteran expertise and standardizing how critical processes are taught across the organization.

Raghu joins from a distinguished career at the forefront of enterprise automation. As a founding member of the management team at UiPath, he was part of the core executive team that helped build the company into a $35+ billion NYSE-listed enterprise. He established UiPath’s APAC operations in 2016 and later served as President & CEO for India and APAC, making Japan one of their largest markets. Bringing over 25 years of enterprise technology leadership, Raghu has built and scaled enterprise businesses across global markets, with deep expertise in automation, business process management, and enterprise AI adoption. Prior to joining UiPath, he served as CTO of EXL Service.

At Trupeer, he will lead the company’s next phase of commercial expansion, with a sharp focus on Japanese enterprises, the GCCs operating in Japan, and the global parents of Japan-based delivery networks.

Shivali Goyal, CEO and Co-Founder, Trupeer AI, said, “Raghu has spent decades helping organisations adopt and scale transformative technologies and brings deep experience in building enterprises globally. Having seen first-hand the challenges enterprises face in organisational knowledge and agentic AI enablement, Raghu immediately resonated with our vision and the momentum Trupeer has built globally. His expertise will help us strengthen our commercial capabilities, deepen partnerships, and unlock the next phase of growth at Trupeer.”

Raghu Subramanian, President and Chief Business Officer, Trupeer AI, said, “Enterprises have long struggled to get real value from AI, and the reason is fragmented context. As businesses operate across languages, geographies, and distributed teams, critical knowledge often becomes difficult to access, share, and act on consistently. The knowledge that makes AI useful remains trapped in people’s heads and scattered across tools. In the agentic AI era, where agents are only as good as the context they run on, that gap becomes the difference between AI that works and AI that doesn’t. This is the gap Trupeer was built to close. I look forward to partnering with enterprises and organisations across the globe to build the context layer that makes enterprise knowledge structured, accessible, and actionable, and AI genuinely useful.”

About Trupeer

Trupeer AI is the workflow knowledge layer for enterprises that enables teams and AI agents. The company helps organizations capture critical operational knowledge that is often trapped in the minds of subject matter experts and scattered across tools, transforming it into structured, accessible, and queryable knowledge. Its platform captures enterprise workflows and turns unstructured, multimodal input into SOPs, guides, studio-quality videos, training assets into 120+ languages and continuously updated, AI-ready context that intelligent agents can leverage, making institutional knowledge accessible, actionable, and queryable. Backed by RTP Global and Salesforce Ventures, Trupeer supports more than 50,000 teams in over 100 countries, including Fortune 100 enterprises, Global Capability Centers and technology-enabled business services companies.

Further details: https://www.trupeer.ai/ 

Photo – https://mma.prnewswire.com/media/2997239/Trupeer.jpg
Logo – https://mma.prnewswire.com/media/2997203/6007441/Trupeer_Logo.jpg

 

View original content:https://www.prnewswire.co.uk/news-releases/trupeer-ai-appoints-former-uipath-apac-president–ceo-raghu-subramanian-to-lead-japan-enterprise-expansion-302804741.html

Continue Reading

Technology

Fulfilling PM Modi’s Dream of Atmanirbhar Bharat: India’s AI Writing Startup Kreativespace Incubated at IIT Kharagpur

Published

on

By

Kreativespace, an Indian AI-powered writing platform founded by Vinet Kakadea, has been incubated at IIT Kharagpur and recognized by SVNIT University, Ministry of Education under Bodhan AI Conclave also through the NVIDIA Inception Program, AWS Startup Program, and DPIIT under Startup India.The platform unifies 8 AI-powered writing tools, along with AI Humanizer and Message AI feature being the latest addition into a single ecosystem, so you can generate and refine content all in one place.The company reports more than 50,000+ signed-up users, 75,000+ anonymous users, and roughly 100,000 monthly website visitors, positioning itself as the only Indian company operating at scale in the global AI writing market.

SURAT, India, June 19, 2026 /PRNewswire/ — Kreativespace, an AI-powered writing platform, is building out its position as the only homegrown alternative in a market long dominated by international tools such as Grammarly and QuillBot. Founded by Vinet Kakadea and incubated at IIT Kharagpur, the company has aligned its growth with the broader push behind Prime Minister Narendra Modi’s Atmanirbhar Bharat (Self-Reliant India) initiative, which encourages indigenous technology development capable of competing on a global scale.

As AI adoption accelerates across India’s education, research, and enterprise sectors, Kreativespace is among a small group of Indian startups building writing technology designed to compete directly with established international platforms.

Kreativespace’s progress has been recognized by several institutions central to India’s startup and technology ecosystem. The company has been incubated at IIT Kharagpur, selected under SSIP 2.0 through SVNIT University, and chosen by the Ministry of Education to present its work at the Bodhan AI Conclave. It has also been accepted into the NVIDIA Inception Program and the AWS Startup Program, and holds DPIIT recognition under the Startup India initiative.

Where many writing-tool users rely on separate subscriptions for content generation to refinement for grammar correction, paraphrasing, plagiarism checking, citation generation, and editing, Kreativespace brings these functions into a single platform as a super-app for AI writing tools. The company says its approach centers on affordability and accessibility alongside performance, aiming to make advanced AI writing assistance available to a wider range of users regardless of geography or budget.

The idea for Kreativespace took shape while founder Vinet Kakadea was studying at New York University and Marymount University in the United States, where he experienced firsthand how students, researchers, and professionals often need multiple paid subscriptions to cover writing-related tasks. That fragmented experience led him to build a super-app offering each of these capabilities together, at a more accessible price point.

Kreativespace combines 8 AI-powered writing tools with AI Humanizer and Message AI feature being the latest addition, allowing users to generate, rewrite, refine, and humanize content without moving between separate platforms. The product is available via web platform, mobile apps on the App Store and Google Play, browser extensions for Chrome, Mozilla, and Edge, and a Google Docs add-on.

Vinet Kakadea, Founder of Kreativespace, said, “Kreativespace’s vision is to digitalize the entire Indian education ecosystem to support PM Modi’s Atmanirbhar Bharat scheme.”

About Kreativespace

Kreativespace with the Motto of Making Writing Accessible for Everyone: Kreativespace is an AI-powered writing platform built to make AI writing tools accessible, affordable, and effective for students, researchers, educators, professionals, content creators, startups, and enterprises. Founded by Vinet Kakadea, the company is incubated at IIT Kharagpur and has been recognized by AWS Startup Program, the NVIDIA Inception Program, and DPIIT under Startup India. For more information, visit kreativespace.com.

View original content to download multimedia:https://www.prnewswire.com/in/news-releases/fulfilling-pm-modis-dream-of-atmanirbhar-bharat-indias-ai-writing-startup-kreativespace-incubated-at-iit-kharagpur-302804117.html

Continue Reading

Trending