[FURL=https://www.industryarc.com/Research/Projection-Mapping-Market-Research-505266?utm_source=briefingwire&utm_medium=pressrelease&utm_campaign=paidpressrelease]Projection Mapping Market[/FURL] Projection Mapping Market size is analyzed to grow at a CAGR of 22.3% during the forecast 2021-2026 to reach $8.1 billion by 2026. Projection Mapping is a technique that integrates multiple projectors to perform together on a surface to develop amazing visual displays. Nowadays more enterprises from every sector are turning to professional projection mapping applications as the Projection Mapping Industry for businesses is an effective communicating platform to retain audience’ attention. The growth in the market is primarily due to the emerging innovations of 2D and 3D projection mapping tools, Spatial augmented reality and other tools, such as digital micromirror devices that are widely used for immersive content, branding, advertising, entertainment, public art, live concert, gaming, trade show presentations and product launches.Key Takeaways
North America is analyzed to be the major region with a share of 44% in 2020 for the Projection Mapping Market, owing to the legacies of offering immersive entertainment experiences, early adoption of virtual reality technology innovations, and enormous demand from high-profile projects.
The growing adoption of projection mapping in media events accelerates the growth of the market.
The Events/ Festivals segment is analyzed to hold the largest share of 51%during the forecast period 2021-2026 owing to the comprehensive demand for big-screen
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Projection Mapping Market Segment Analysis - By Geography
North America is analyzed to be the major region with a share of 44% in 2020 for the Projection Mapping Market. The legacies of offering immersive entertainment experiences, early adoption of virtual reality technology innovations, and enormous demand from high-profile projects from various enterprises are some of the factors that drive the market in North America. In May 2020, REscan launched 3D Mapping Technology to capture and digitize physical spaces from the human perspective. The introduction of this 3D mapping technology solution offers explorable 3D digital models to the sectors such as architecture, commercial real estate, entertainment and engineering, and helps them to digitize the physical world.
Projection Mapping Market Drivers
Growing adoption of projection mapping in media eventscontributing to the growth of the Projection Mapping Market
Rising integration of AI Assistants, Automation & Voice Control driving the growth of the Projection Mapping Market
Projection Mapping Market Landscape
Projection mapping top 10 companies include are BenQ Corporation, Christie Digital Systems, Digital Projection Ltd., Panasonic, AV Stumpfl, Epson, Lumitrix, Pixel Rain Digital, Resolume, Vivitek, Orbit GT
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