With the presence of a large pool of participants, the global mobile 3D market is displaying a highly competitive business landscape, finds a new research report by Zion Market Research (ZMR). Samsung Electronics, Toshiba Corporation, Hitachi Limited, Apple Inc., Nvidia Corporation, Intel Corporation, Sharp Corporation, and Qualcomm Incorporation are some of the key vendors of mobile 3D across the world. These players across mobile 3D market are focusing aggressively on innovation, as well as on including advanced technologies in their existing products. Over the coming years, they are also expected to take up partnerships and mergers and acquisitions as their key growth strategy in the mobile 3D market, states the mobile 3D market study.
Reportedly, Vivo X23 mobile is expected to be launched on August 23rd of this year. Sources cite that the new product will embed advanced 3D facial recognition technology for unlocking the mobile and is projected to be powered by snapdragon 670 processor & 8GB RAM. The Vivo X23 is likely to possess in-display fingerprint sensor coinciding with Mi 8 explorer edition. Analysts predict that with technological innovations dominating the 3D display sector, it is more likely that the demand for 3D enabled mobiles will gain momentum over the span of next few years, thereby further fuelling mobile 3D market growth.
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As estimated in this report, the global mobile 3D market volume was estimated at 128.82 million units in 2015. Witnessing a tremendous rise during the period from 2015 to 2021, the volume in mobile 3D market is expected to reach 2,337.15 million units by the end of the forecast period. The main types available in mobile 3D market are 3D-enabled smart phones, 3D- enabled notebooks, and 3D- enabled tablets. Among the three, the demand for 3D- enabled smart phones and tablets is relatively higher and the trend is anticipated to remain so over the next few years, notes the research report.
Rising 3D Display Mobile Trends To Elevate Market Growth
“Heavy investments in 3D technology by key players across the mobile manufacturing sector are anticipated to impel the expansion of mobile 3D market over the coming years,” says the author of this study. Apart from this, rising penetration of new Smartphone technology in the emerging economies is projected to catapult the mobile 3D market growth in the ensuing years. Furthermore, humungous popularity of 3D display in mobiles is anticipated to propel the mobile 3D market scope over the next few years.
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Rising Gaming Activities Trend To Support APAC’s Regional Dominance
Geographically, Asia Pacific has been leading the worldwide mobile 3D market and is anticipated to continue on the dominant position in the years to come, states the market study. The rapidly emerging gaming sector in the region has made Asia Pacific a dominant force across global mobile 3D market. The high number of market players being headquartered in Asia Pacific is another significant factor that is supporting the growth of mobile 3D market in the region.