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Microsoft's HoloLens and Sony's Spatial Reality Display are prominent contenders in the screenless display market and holds the market share of over 25%. HoloLens offers an immersive Mixed Reality (MR) experience by overlaying holographic images onto the user's surroundings. It offers features, such as spatial sound and hand gesture recognition, finding applications across diverse sectors from gaming to healthcare. Sony's Spatial Reality Display emphasizes high-resolution autostereoscopic technology, creating a glasses-free 3D viewing experience. Both technologies signify significant advancements in AR and MR, catering to various industries and pushing the boundaries of interactive digital experiences.
Some other major players in the market are Google Glass, Vuzix, RealMax, Varjo, Oculus (Facebook Reality Labs), ThirdEye Gen, Epson (Moverio), BAE Systems (Q-Warrior), and Meta (formerly Meta Company).
Major players operating in the screenless display industry are:
The oil and gas segment recorded over 33% of the market share in 2023, primarily due to substantial investment in digital transformation and the adoption of advanced technologies.
Screenless display industry size was USD 3.5 billion in 2023 and will grow at 24.5% CAGR between 2024 and 2032, driven by increasing demand for advanced and immersive user experiences along with the rise in smart wearable devices.
Some of the key screenless display firms are Microsoft (HoloLens), Sony (Sony Spatial Reality Display), Google (Google Glass), Toshiba Corporation, and Facebook Technologies, LLC (Oculus), among others.
North America screenless display industry held 38% share in 2023, propelled by its strong technological infrastructure and high adoption rate of advanced technologies like augmented reality (AR) and virtual reality (VR).