Projection Mapping Market Volume Analysis, Segments, Size, Share and Key Trends 2014-2023

1. Projection Mapping Market Volume Analysis, Segments, Size, Share and Key Trends 2014-2023 “The projection mapping market based on application is expected to be led by large venues during the forecast period. Growing spending on amusement and theme parks is expected to boost the projection mapping market for large venue application as projection mapping is commonly being used in this application.” The overall Projection Mapping Market is estimated at USD 1.37 billion in 2018 and is expected to reach USD 3.56 billion by 2023, at a CAGR of 21.10% during 2018–2023. The growth of this market is being fueled by the increasing adoption of projection mapping in media events over the last few years. The report covers the global projection mapping market on the basis of offering, dimension, throw distance, application, and geography. The projection mapping market based on application is expected to be led by large venues during the forecast period. Growing spending on amusement and theme parks is expected to boost the projection mapping market for large venue application as projection mapping is commonly being used in this application. The software market for projection mapping is expected to grow at a higher rate than hardware as hardware devices sustain over a long term, while software licenses have to be updated frequently. This in turn increases the revenue of the software market, and the software market is expected to grow rapidly in the projection mapping market during the forecast period. North America is expected to hold the largest share of the projection mapping market by 2023. The projection mapping market in North America is estimated to grow considerably in the coming years as North America is major hub for corporate events, shows, and sports events. The growing availability of 3D and 4D content and increasing use of augmented and virtual reality are expected to boost the projection mapping market by creating opportunities during the forecast period. There is a growing demand for 4- dimensional content projection as it creates more attentive environments for all the applications during the forecast period. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=252209050

2. tandard throw projection mapping to hold a major market share during the forecast period Standard throw projection mapping provides very large images; this type of throw is usually from projectors that are installed away from the projection screen. They require long distance to make an image. Standard throw projectors are mainly used in events and hence are expected to hold a major share of the projection mapping market during the forecast period. Software market for projection mapping is expected to grow at the highest rate during the forecast period Mapping software plays a major crucial role in successful projection mapping. Projection mapping software helps in mapping 2-dimensional, 3-dimensional, or 4-dimensional content on any type of surface with any number of edges or curve. The software market is expected to grow with increasing number of companies providing innovative features for projection mapping and rising popularity of projection mapping techniques on 3D surfaces. Request Sample Copy of this Market Research @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=252209050 APAC expected to grow at the highest rate between 2018 and 2023 Projection mapping has a growing demand in APAC as it is the fastest-growing region providing ample opportunities for projection mapping with major demand driven by China, Singapore, Japan, and India. Increasing consumer awareness about high-brightness projectors, increasing government investment on tourism, and sporting events are fueling the market for projection mapping in this region. Some of the major companies operating in the projection mapping market are Panasonic Corporation (Japan), Seiko Epson Corporation (Japan), Barco NV (Belgium), Christie Digital Systems (US), and BenQ Corporation (Taiwan). The report also includes Digital Projection (UK), Optoma Corporation (US), NEC Display Solutions (Japan), Vivitek (Taiwan), Green Hippo (UK), AV STUMPFL (Australia), Resolume (the Netherlands), HeavyM (UK), GarageCube (Switzerland), Bluepony (US), Lumitrix (Czech Republic), ViewSonic (US) and NuFormer (the Netherlands)

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