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The global plant genomics market is projected to grow from $7.26 billion in 2020 to $12.26 billion by 2025, at a CAGR 11.06% from 2020 to 2025.
The growth in plant genomics market is expected to be driven by the rising need for improved crop traits, increasing need to reduce crop losses, and reducing cost of DNA sequencing and synthesizing.
Plant genomics caters to several applications such as yield management, diseases resistance, and herbicide tolerance. The utilization of technologies in plant genomics, such as DNA/RNA sequencing, genotyping, marker-assisted selection and bioinformatics, is expected to augment the growth of plant genomics in the technology sector. Moreover, depleting agricultural land and increasing demand for fresh agricultural produce all around the year are expected to propagate the growth of plant genomics market.
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The global 3D holographic display and services market is projected to grow from $607.6 million in 2020 to $1,837.1 million by 2025, at a CAGR of 24.8%. The growth in the 3D holographic display and services market is expected to be driven by the continuous efforts to modernize the advertisement and media industry. Additionally, the growth of the retail industry is further pushing the demand for more advanced technologies in marketing and merchandising strategies.
Moreover, Industry 4.0 technologies such as computer vision and digital twin are display-dependent technologies which are creating more market opportunities. The idea to enable display devices with AR and holographic capabilities will enhance the operability and efficiency for computer vision, digital twin, and any related display dependent technology. Hence, this can be obtained with 3D holographic display systems in place, thereby expecting its si