Screenless Display Market Size, Share, Opportunities, And Trends By Type (Visual Image, Retinal Display, Synaptic Interface), By Application (Hologram Projection, Head-Mounted Display, Head-Up Display), By Industry Vertical (Healthcare, Aerospace And Defense, Consumer Electronics, Others), And By Geography - Forecasts From 2024 To 2029

The screenless display market is expected to grow at a CAGR of 17.52% over the forecast period to reach US$8.323 billion by 2029, increasing from an estimated value of US$3.713 billion in 2024.

The screenless display involves projecting visuals and information without digital screens. Though the technology is in the development stages, it is still proving to be an effective solution to address issues related to device miniaturization. Human gestures are needed to direct and manipulate it in the air, which serves as an interface between the information to be displayed and the user.

It is predominantly used for imaging in medical holography; however, such technology is also slowly gaining popularity in other sectors as well, such as consumer electronics, aerospace, and defense, which is projected to further the market expansion. This market faces challenges regarding the high cost and technical feasibility of developing a satisfactory product.

A screenless display will also bring a paradigm shift in the gaming segment by changing the experience of playing games. Retinal Display, a segment by type, is a breakthrough in display markets as it will provide a better visual experience at higher resolution and pixel density. Additionally, it is expected to cause less strain on the eyes, which could be a major reason consumers want to switch to traditional touchscreens.

Screenless Display Market Drivers

• Growing advancements in touch displays are driving the market growth.

Growing emphasis on device miniaturization has led to fixed or limited size of the touch display to make them easily portable, which is the major driving factor for the screenless display market growth. The privacy issue faced by smartphones, tablets, and other electronic gadgets can be handled with the screenless display using retinal imaging. Additionally, rising smartphone and consumer electronics penetration and growing technical know-how among consumers are expected to drive sales of screenless displays across countries.

Major techno-companies are investing in screenless displays and improving their adoption. For instance, Apple’s “Vision Pro” represents the dawn of screenless computing by creating a 3D virtual space. Moreover, the growing shift from a 2D to a 3D virtual environment followed by the booming Metaverse is also an additional driver for the market growth. For instance, in February 2023, Accenture announced the investment in hologram company, Looking Glass Factory, to bolster the latter in developing its end-to-end hologram platform that showcases content in a 3D life-like pattern without requiring headset or head-tracking usage.

• Growing applicability in medical imaging is stimulating market growth.

Screenless displays are primarily used in medical imaging applications to create 3D images of the organs and inside of the body. This enables doctors and healthcare professionals to evaluate illnesses and injuries effectively, thereby reaching a precise diagnosis. The growing emphasis on improving the medical diagnosis process bolstered the need for new technological innovations expected to positively impact the market demand for screenless display technology in the medical sector.

The growing prevalence of minimally invasive surgeries is another driving factor. According to data provided by the American Society of Plastic Surgeons, in 2022, the USA’s cosmetic minimally invasive surgeries witnessed a significant 73% growth over 2019.

Moreover, advanced technological innovations such as holography are also finding their way into the healthcare sector, with various investments and collaborations taking place. For instance, in April 2024, HoloSurge was awarded an €8.9 million grant from Horizon Europe to bolster the development of organ hologram technology that would improve overall decision-making capabilities.

• Consumer electronics is anticipated to account for a considerable market share.

The consumer electronics sector is witnessing significant growth. With the implementation of new technologies and investment in AR/VR to adapt to changing consumer dynamics, screenless display is anticipated to show positive growth. Though technology is still developing, it holds huge growth potential in the coming years. Screenless displays can overcome the portability constraint with touch screens. Additionally, compared to traditional screens, the screenless display offers low battery consumption and additional security features, which are estimated to further the market demand for such technology in consumer electronics.

Owing to rapid urbanization and improvement in living standards, the consumption of electronics such as smartphones has witnessed significant growth and is expected to continue growing in the coming years. According to the GSMA’s “Mobile Economy 2023” report, by the end of 2022, 5.4 billion people subscribed to mobile services, and 76% of the global population adopted smartphones. The percentage figure is expected to reach 90% by 2030. Screenless-display technology is anticipated to play a significant role in transforming future smartphones.

Screenless Display Market Geographical Outlook

• Asia Pacific is expected to hold a substantial share of the screenless display market.

The Asia-Pacific region is also expected to grow at a high CAGR owing to increasing demand for consumer electronics coupled with the bolstering growth in the healthcare and aerospace sectors in major regional economies. According to the Ministry of Industry and Information Technology, from January to August 2022, the country’s electronics information manufacturing witnessed steady growth, and the major value added of the major firms was a 9.3% year-on-year increase. Favorable schemes such as the “Production Linked Incentive Scheme” to bolster electronics manufacturing have provided new growth prospects.

Additionally, the ongoing technical innovations in holography and heavy investments in research and development by universities and big players are also stimulating regional market growth. For instance, in February 2024, the International Hologram Manufacturers Association (IHMA) formed an agreement with the regional trade body “Secure Identification Union (SIS)” which enabled the former to enter the Chinese market, which is one of the major holography markets. As per the agreement, IHMA’s member companies can promote their hologram technology to governing authorities, banks, and manufacturing facilities.

Screenless Display Market Key Developments:

• In July 2022, Holo Industries LLC launched the “HoloMed™” line of holographic inserts for patient monitors, medical carts, and other products. The solution eliminates the chances of surface contact and touchpoints, thereby reducing the prevalence of common infections among hospital staff and patients.

Screenless Display Market Scope:

Segmentation:

• By Type
  • Visual Image
  • Retinal Display
  • Synaptic Interface
• By Application
  • Hologram Projection
  • Head-Mounted Display
  • Head-Up Display
• By Industry Vertical
  • Healthcare
  • Aerospace and Defense
  • Consumer Electronics
  • Others
• By Geography
  • North America
    • USA
    • Canada
    • Mexico
  • South America
    • Brazil
    • Argentina
    • Others
  • Europe
    • UK
    • Germany
    • France
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • UAE
    • Israel
    • Others
  • Asia Pacific
    • Japan
    • China
    • India
    • Indonesia
    • Thailand
    • Taiwan
    • South Korea
    • Others