The light field market was valued at USD 795.7 Million in 2017 and is expected to reach USD 1,822.3 Million by 2023, at a CAGR of 14.5% during the forecast period. The base year considered for the study is 2017 and the forecast period is between 2018 and 2023.

Objectives of the Study

To define, describe, and forecast the market on the basis of technology, vertical, and geography

To provide detailed information regarding the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges)

To estimate the size of the light field market and its various segments

To strategically analyze the micromarkets with respect to individual growth trends, prospects, and contribution to the overall market

To forecast the size of the market segments with respect to four main regions North America, Europe, Asia Pacific (APAC), and Rest of the World (RoW)

To profile the key players and comprehensively analyze their market rankings and core competencies

To map the competitive intelligence based on company profiles, key player strategies, and game-changing developments such as product launches, collaborations, and acquisitions

Research Methodology

This research study incorporates the use of secondary sources, directories, and databases such as Hoovers, Bloomberg BusinessWeek, Factiva, and OneSource to identify and collect information useful for the extensive technical, market-oriented, and commercial study of the light field market. Primary sources mainly comprise several experts from core and related industries, along with preferred suppliers, manufacturers, distributors, service providers, technology developers, alliances, and standards and certification organizations related to various parts of this industry�s value chain. In-depth interviews with various primary respondents, including key industry participants, subject matter experts (SMEs), C-level executives of key companies, and consultants, have been conducted to obtain and verify critical qualitative and quantitative information, as well as assess prospects. The breakdown of the profiles of primaries has been depicted in the following figure:

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This report provides valuable insights on the ecosystem of the market. In 2017, the overall light field market was dominated by Lytro (US), Avegant (US), FoVI 3D (US), Japan Display Inc. (JDI) (Japan), and OTOY (US). Other major players in the market include Light Field Lab (US), Holografika (Hungary) Lumii (US), Raytrix (Germany), Leia (US), NVIDIA (US), Toshiba (Japan), and Ricoh Innovations (US).

Scope of the Report:

Report Metric Details Report Name Light Field Market Base year 2017 Forecast period 2018�2023 Units Value (USD) Segments covered Type, End User, Offerings, and Region Geographic regions covered North America, APAC, Europe, and RoW Companies covered Lytro (US), Avegant (US), FoVI 3D (US), Japan Display Inc. (JDI) (Japan), and OTOY (US). Other major players in the market include Light Field Lab (US), Holografika (Hungary) Lumii (US), Raytrix (Germany), Leia (US), NVIDIA (US), Toshiba (Japan), and Ricoh Innovations (US)

Key Target Audience:

3D animation vendors

3D animation service providers

Computer graphics developers

System integrators and third-party vendors

Government bodies

Technology investors

Research institutes and organizations

Market research and consulting firms

End-users/enterprise-users

Scope of the Report:

The research report segments the light field market into the following subsegments:

Light Field Market, by Technology

Imaging Solution

Display

Light Field Market, by Vertical

Healthcare and Medical

Defense and Security

Media and Entertainment

Architecture and Engineering

Industrial

Others

Light Field Market, by Region

North America

Europe

APAC

RoW

Available Customizations:

With the given market data, MarketsandMarkets offers customizations according to the company�s specific needs. The following customization options are available for the report.

Company Information Detailed analysis and profiling of additional market players (up to 5)





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The light field market was valued at USD 924.7 Million in 2018 and is expected to reach USD 1,822.3 Million by 2023, at a CAGR of 14.5% during the forecast period. Major factors driving the growth of market includes the increasing demand for light field technology in visual effects technology in movies, just-in-time marketing, rising need of prototyping, and emerging 4D & 5D technologies.

On the basis of technology, the light field market can be segmented into imaging solution and display. Light-field imaging is one of the most researched 3-D imaging technologies because of its potential to create a viewing environment conforming to a natural viewing condition. In 2017, light field imaging solutions held a majority of the market, and currently, only light field display development kits for augmented and mixed reality are available in the market. These development kits feature hardware, software, and support services that enable businesses to create industry-leading mixed reality products.

The healthcare industry is using light field and 3D imaging technology for scanning diseases related to heart, brain, or other internal body parts with the help of lighter flexible handheld and portable 3D imaging devices. The medical 3D imaging market is witnessing a rapid technological development, focus has now moved toward improved diagnostic procedures by improving the quality of images and providing superior imaging services. The light field market is expected to register the highest growth in media and entertainment vertical with high focus on auto stereoscopy.

North America and Europe are the major leaders in the light field market, mainly because of the strong presence of key players in these regions. Presently, the market in North America is the largest revenue contributor as compared to others in this region; organizations are mainly investing in light field and 3D imaging for technological advancements to fuel the market growth. This region has been amenable toward adopting light field and 3D imaging within the companies for enhancing visualization and augmented customer experience. APAC is emerging as the potential market for solutions based on the light field technology. This region is adopting light field�based 3D technology and its solutions significantly.

The lack of infrastructure support to implement light field imaging is hindering the growth of the market. Also, the lack of availability of 3D content poses a crucial challenge for this market. In 2017, major players in the light field market included Lytro (US), Avegant (US), FoVI 3D (US), Japan Display Inc. (JDI) (Japan), and OTOY (US), Light Field Lab (US), Holografika (Hungary) Lumii (US), Raytrix (Germany), Leia (US), NVIDIA (US), Toshiba (Japan), and Ricoh Innovations (US).

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