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Screenless Display Market Trends

Report ID: GMI9549 Published Date: May 2024Report Format: PDF
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Screenless Display Market Trends

Screenless display technologies are increasingly being integrated into wearable devices such as smartwatches, AR glasses, and head-mounted displays. This trend is driven by the growing demand for compact & portable display solutions that offer hands-free interaction and real-time information access. As wearable technology continues to evolve, screenless displays are expected to enable seamless connectivity, personalized experiences, and enhanced productivity for users.

The usage of the screenless display is expected to address the glitches associated with security and privacy and mitigate the probability of error, thereby propelling the industry. Nowadays, companies are actively using the AR service to boost brand awareness and marketing impacts, catering to future trends. According to Morgan Stanley, the estimated revenue from AR devices and its services are USD 118 billion and USD 68 billion, respectively, in 2020. This AR technique is being used by renowned brands to provide customers with a virtual representation of their products and enhance their purchase process through a holographic display.

Vendors in the market are focused on leveraging the demand by announcing an improved product line with features including better resolutions and ease of use, among others. For instance, In November 2022, Holoxica Limited launched its 8k Holographic Display intending to provide companies with a way to view 3D assets as holograms, without the need to use VR headsets.

Author: Suraj Gujar, Sandeep Ugale
Frequently Asked Question(FAQ) :

Why is the use of screenless displays rising in the oil and gas industry?+

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.

What is the value of the screenless display market?+

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.

Which are the leading players operating in the screenless display industry?+

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.

How large is the North America screenless display market?+

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).

Screenless Display Market Scope

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