Middle East and Africa 3D Display Market

Market Introduction

The 3D display market in the MEA is further segmented into South Africa, Saudi Arabia, and the UAE. The swift growth of the advertisements, automotive, and consumer electronics industries in the region is attributed to factors, such as robust economic growth, strong consumer demand in Gulf countries, and high spending potential. The region is also expected to see a rapid rise in marketing and industrialization, which would further propel the growth of diverse industries. The Gulf countries are economically advanced, while the African countries still have to balance their economic conditions. Digital signage is quite popular in the region; these screens are mostly found in transportation systems, museums, public spaces, stadiums, retail stores, hotels, and corporate buildings. Digital signage as the advertising medium has observed increased demand in the MEA due to the presence of numerous major retailers. The region is implementing 3D displays to enhance viewer experience. For instance, in October 2018, Hypervsn introduced 3D holographic display platform in the UAE, which enables 3D visuals to appear as floating in the mid-air for advanced visual marketing on digital signage and out-of-home ads. Also, huge impact of latest 3D display technologies in end-user sectors is expected to fuel the demand for 3D displays in MEA.   

In the MEA, Turkey has recorded the highest number of COVID-19 cases. Other countries facing the economic impact of COVID-19 are Iran, South Africa, Israel, Iraq, Morocco, Saudi Arabia, and the UAE. The UAE and Saudi Arabia are potential markets for 3D display providers owing to the huge presence of a diverse customer base for the automotive and consumer electronics industries. In addition, factory and business shutdowns, and travel bans are further aggravating the economic problems of countries in the MEA. Hence, a decline in the region’s economic condition and the restrictive effects of COVID-19 on various industries are expected to limit the growth of 3D display market in this region.     

Middle East and Africa 3D Display Strategic Insights

Strategic insights for the Middle East and Africa 3D Display provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

Middle East and Africa 3D Display Report Scope

Middle East and Africa 3D Display Regional Insights

The geographic scope of the Middle East and Africa 3D Display refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

The 3D display market in the MEA is expected to grow from US$ 27.42 million in 2021 to US$ 129.75 million by 2028; it is estimated to grow at a CAGR of 24.9% from 2021 to 2028. As consumer electronics giants such as Samsung, LG electronics, Sharp, Toshiba, Panasonic, HTC, and Nintendo launched consumer electronic goods such as 3D TVs, cell phones, game consoles, notebooks, and displays, the consumer electronics segment of the 3D display industry prospered in the early years of the previous decade. However, growing public health issues related to the use of special headgear and active 3D glasses, along with the high cost of the device, have slowed market growth. Consumer electronics giants are now developing 3D display technology without glasses and hologram display technology to speed up the pace of the 3D display market. 

Key Market Segments

The MEA 3D display market is segmented into type, technology, application, and country. Based on type, the MEA 3D display market is segmented into stereoscopic 3D display and autostereoscopic 3D display. Autostereoscopic 3D display segment held the largest market share in 2020. Based on technology, the 3D display market is divided into digital light processing, organic light emitting diode, and light emitting diode. Digital light processing segment held the largest market share in 2020. Based on application, the MEA 3D display market is divided into consumer electronics, automobile, medical, advertising, retail, military and defense, and others. Advertising segment held the largest market share in 2020. Based on country the MEA 3D display market is segmented into Saudi Arabia, South Africa, UAE, and rest of MEA. UAE held the largest market share in 2020.  

Major Sources and Companies Listed

A few major primary and secondary sources referred to for preparing this report on the 3D display market in MEA are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are AU Optronics Corp., BOE Technology Group, Fujifilm Corporation, Innolux Corporation, Leia Inc., LG Electronics Inc., Looking Glass Factory Inc., Mitsubishi Electric Corporation, Panasonic Corporation, Samsung Electronics Co. Ltd., Sharp Corporation, and Toshiba Corporation.  

Reasons to buy report

• To understand the MEA 3D display market landscape and identify market segments that are most likely to guarantee a strong return
• Stay ahead of the race by comprehending the ever-changing competitive landscape for MEA 3D display market
• Efficiently plan M&A and partnership deals in MEA 3D display market by identifying market segments with the most promising probable sales
• Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form MEA 3D display market
• Obtain market revenue forecast for market by various segments from 2021-2028 in MEA region.

MEA 3D Display Market Segmentation

MEA 3D Display Market - By Type

• Stereoscopic 3D Display
• Autostereoscopic 3D Display

MEA 3D Display Market - By

Technology

• Digital Light Processing
• Organic Light Emitting Diode
• Light Emitting Diode

MEA 3D Display Market - By Application

• Consumer Electronics
• Automotive
• Medical
•  Advertising
• Retail
• Military and Defense
• Others

MEA 3D Display Market, By Country

• South Africa
• Saudi Arabia
• UAE
• Rest of MEA

MEA 3D Display Market - Company Profiles

• AU Optronics Corp.
• BOE Technology Group
• Fujifilm Corporation
• Innolux Corporation
• LG Electronics Inc.
• Looking Glass Factory Inc
• Mitsubishi Electric Corporation
• Panasonic Corporation
• Samsung Group
• Sharp Corporation
• Toshiba Corporation