Light Field Market | Growing Demand for Light Field Technology for Producing Visual Effects in Movies - PowerPoint PPT Presentation

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Light Field Market | Growing Demand for Light Field Technology for Producing Visual Effects in Movies

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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 light field 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. – PowerPoint PPT presentation

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Title: Light Field Market | Growing Demand for Light Field Technology for Producing Visual Effects in Movies


1
MarketsandMarkets Presents
Light Field Market by Technology (Imaging
Solution, Display), Vertical (Healthcare and
Medical, Defense and Security, Media and
Entertainment, Architecture and Engineering,
Industrial), and Geography - Global Forecast to
2023 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
between 2018 and 2023. 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 are the key driving factors for the
light field market. 
2
Rising demand of high-definition viewing
experience and evolvement of virtual artificial
technologies offers enormous opportunities in the
light field market Light field imaging is one of
the most researched 3D imaging technologies
because of its potential to create a natural
viewing environment. After the evolution of the
3D technology, developments can be witnessed in
terms of enhancing the content quality and
improving the user-viewing experience. The
availability of 3D technology now has started
providing high-definition (HD) content to enhance
viewing experience through advanced 3D-enabled
devices such as 3D display units and VR devices.
Light field technology is used to capture
real-world objects and scenes and digitizing them
with realistic results. Sample pages of the
Report https//www.marketsandmarkets.com/request
sample.asp?id123759465 Virtual reality (VR)
technology generates realistic images, sounds,
and other perceptions that replicate a real
environment or create an imaginary scenery. 3D
animation using VR can simulate a users physical
presence in the virtual environment. It mainly
simulates the realistic and immersive replication
of a 3D360-degree virtual environment, which
offers interactive and real-time simulation or
experience controlled by body movements. VR in
coordination with 3D animation is mainly used in
video games, which have an ability to transmit
vibrations and other sensations to a user through
the game controller.
3
Media and entertainment is expected to drive the
light field market during the forecast
period Light field is an emerging concept for
representing rich 3D visual information, which is
able to capture real-world phenomena with
unparalleled image quality. The healthcare and
medical vertical is likely to continue to hold
the largest size of the light field market during
20182023. The light field market is expected to
register the highest growth in media and
entertainment vertical with high focus on auto
stereoscopy. Report Information
https//www.marketsandmarkets.com/Market-Reports/
esports-market-123759465.html North America is
expected to hold the largest market share,
whereas APAC is expected to witness the highest
CAGR between 2017 and 2023 North America held the
largest share in the global light field market in
2017 however, Asia-Pacific is the most promising
region for the light field market and is expected
to grow at the highest CAGR during the forecast
period. North America has been a predominately
receptive market toward the adoption of light
field-based 3D imaging. There has been an
expansive usage of light field and 3D imaging
technologies and solutions in this region.
Moreover, in this region, organizations are
mainly investing in light field and 3D imaging
for technological advancements to fuel the market
growth.
4
Major players in the light field market include
Lytro (US), Avegant (US), FoVI 3D (US), Japan
Display Inc. (JDI) (Japan), and OTOY (US). Other
major players in the Light field market include
Light Field Lab (US), Holografika (Hungary) Lumii
(US), Raytrix (Germany), Leia (US), NVIDIA (US),
Toshiba (Japan), and Ricoh Innovations
(US). Report Information https//www.markets
andmarkets.com/Market-Reports/light-field-market-2
55547777.html
5
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