
Projection Mapping Global Market Report 2022 – Global Market Size, Trends and Forecast 2022-2026
Global Business Research Company Projection Mapping Market Report 2022 – Global Market Size, Trends and Forecast 2022-2026
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According to “Projection Mapping Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026” published by The Business Research Company, the projection mapping market size is expected to reach a value of nearly $2.76 billion in 2022 at a compound annual rate. growth rate (CAGR) of 20.7%. The Russian-Ukrainian war has disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions against several countries, a spike in commodity prices and supply chain disruptions, affecting many markets around the world. The projection mapping market is expected to reach $5.97 billion in 2026 at a compound annual growth rate (CAGR) of 21.3%. The increasing adoption of projection mapping in media events is expected to propel the growth of the global projection mapping market in the future.
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The projection mapping market consists of the sale of projection planning tools by entities (organizations, independent traders, and partnerships) that are used to transform objects, often irregularly shaped, into display surfaces for projection video. By adopting the video projection technique known as projection mapping, in which video material is mapped onto a surface, an ordinary object, such as a building, track, stage, or even a body of water, can become an amazing sight. To create a pleasant experience of light and illusion, these surfaces turn into canvases, playing with the shape and textures of the surface. Even interactive elements can be created using these photo and mapping tools.
Global Projection Mapping Market Trends
The use of augmented and virtual reality is a key trend in the global projection mapping market. Major companies operating in the map projection services market are focusing on creating a cohesive experience through augmented and virtual reality to strengthen their position in the market. A person can interact with an artificial three-dimensional (3-D) visual environment or other sensory environment in virtual reality (VR), which uses computer modeling and simulation. Using digital visuals, music, or other sensory cues, augmented reality (AR) creates an enhanced representation of the current world that is conveyed through technology. To project any desired image on the surface of this element, the program can work with a projector. Because of this, users can view Augmented Reality (AR) content without using head-mounted AR glasses or other AR-enabled wearable devices (smartphones). Using specialized software, a two or three dimensional object is spatially mapped onto the virtual program which mimics the real environment onto which it is to be projected. For example, in October 2021, Nextech AR Solutions Corp. announced the opening of its “mini-metaverse” at the City of London’s “Harmony at London Wall Place”. Nextech’s ARway spatial mapping technology and software development kit enables the City of London Metaverse (SDK).
Segments of the global projection mapping market
The global projection mapping market is segmented:
By offering: Hardware, Software.
By dimension: 2 dimensions, 3 dimensions, 4 dimensions.
By throw distance: short throw, standard throw.
By Application: Media Events, Site Openings, Entertainment, Product Launches, Retail, Other Applications.
By Geography: The global projection mapping market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East & Africa. Of these regions, North America accounts for the largest share.
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The Global Projection Mapping Market Report 2022 is part of a series of new reports by The Business Research Company that provides Projection Mapping Market Research, Projection Mapping Market Analysis, Forecasts Projection Mapping Market Overview, Projection Mapping Market Overviews, Market Size and Growth Analysis and Forecast for the Global Projection Mapping Market, Projection Mapping Market Share , Projection Mapping Market Segments and Geographies, Global Projection Mapping Market Players, Projection Mapping Market Trends, Revenues, Profiles and Market Shares of Key Competitors in the Global Projection Mapping Market . The Global Projection Mapping Market report identifies key countries and segments for opportunities and strategies based on market trends and key competitor approaches.
TBRC’s Global Projection Mapping Market Report 2022 includes information on the following:
Data segmentation: market size, global, by region and country, historical and forecast, and growth rate for 60 geographies
Major Market Players: AV Stumpfl GmbH, Barco, BenQ, Christie Digital Systems USA Inc, Digital Projection, Optoma Corporation, Panasonic Corporation, Seiko Epson Corporation, Sharp NEC Display Solutions, Vivitek Inc, Resolume, Lumitrix sro, Green Hippo
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, United States, South America, Middle East and Africa.
Country: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
And more.
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