Light Field Market Size Share and Technology Update to 2026

MarketsandMarkets Presents Light Field Market by Technology (Hardware (Imaging Solutions, Light Field Displays), Software), Vertical (Media & Entertainment, Healthcare, Architecture, Industrial, Defense), and Region(North America, APAC, Europe, and RoW) - Global Forecast to 2026 The light field market size is projected to reach USD 154 million by 2026 from an estimated USD 76 million in 2021, at a CAGR of 15.1% from 2021 to 2026

MarketsandMarkets Presents Technology-wise, hardware segment captured the larger market size of the overall light field market in 2020 In 2020, the hardware segment accounted for the larger share of the light field market, which is expected to continue in the forecast period.

The increasing research for developing light field displays such as VR headsets and light field screens is expected to fuel the light field market. The software segment of the light field market has also seen rising demand from the animation and VFX sectors of the media and entertainment industry.

MarketsandMarkets Presents Vertical-wise, media & entertainment segment to grow at the highest rate from 2021 to 2026” The light field market is expected to dominate the media and entertainment vertical, with an increased focus on auto stereoscopy. Auto stereoscopy can display stereoscopic pictures on screens without the viewer wearing any 3D glasses.

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This technology works by utilizing motion parallax and wide viewing angles and provides viewers an illusion of 3D imaging.

MarketsandMarkets Presents “APAC to record highest CAGR from 2021 to 2026” Asia Pacific is the most rapidly growing market and offers huge opportunities for the media and entertainment vertical. In APAC, China would be the largest market for light field, led by the media and entertainment and healthcare industries. The Chinese government and other official bodies support VR development in China; nearly 20 provinces and local municipal governments in China have started developing and manufacturing local AR/VR devices.

MarketsandMarkets Presents Major players involved in the light field market include Avegant (US), FoVI 3D (US), OTOY (US), Japan Display (Japan), Raytrix (Germany), Fathom Optics (US), NVIDIA (US), Light Field Lab (US), Holografika (Hungary), Leia (US), Quidient (US).

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