Mobile 3D Global Market Opportunities and Strategies to 2033

This report describes and explains the mobile 3D market and covers 2018-2023, termed the historic period, and 2023-2028, 2033F termed the forecast period. The report evaluates the market across each region and for the major economies within each region.

The global mobile 3D market reached a value of nearly $31.49 billion in 2023, having grown at a compound annual growth rate (CAGR) of 23.87% since 2018. The market is expected to grow from $31.49 billion in 2023 to $169.2 billion in 2028 at a rate of 39.97%. The market is then expected to grow at a CAGR of 29.47% from 2028 and reach $615.47 billion in 2033.

Growth in the historic period resulted from the growing adoption of connected devices or IOT devices, favourable government initiatives in 5G technology, increasing internet penetration in rural and urban areas. Factors that negatively affected growth in the historic period were energy consumption of mobile phones during 3D content.

Going forward, increasing availability of smartphones and tablets, growing adoption of augmented reality (AR) devices, increase in the number of people playing video games will drive the market growth. Factor that could hinder the growth of the mobile 3D market in the future include high cost of 3D content.

The mobile 3D market is segmented by type into tablets, smartphones, notebooks and others. The smartphones market was the largest segment of the mobile 3D market segmented by type, accounting for 49.5% or $15.58 billion of the total in 2023. Going forward, the smartphones segment is expected to be the fastest growing segment in the mobile 3D market segmented by type, at a CAGR of 42.27% during 2023-2028.

The mobile 3D market is segmented by device component into image sensors, 3D displays. The 3D displays market was the largest segment of the mobile 3D market segmented by device component, accounting for 75.4% or $23.75 billion of the total in 2023. Going forward, the image sensors segment is expected to be the fastest growing segment in the mobile 3D market segmented by device component, at a CAGR of 41.5% during 2023-2028.

The mobile 3D market is segmented by application into animations, maps and navigation, mobile gaming, mobile advertisements, and other applications. The mobile gaming market was the largest segment of the mobile 3D market segmented by application, accounting for 39.1% or $12.29 billion of the total in 2023. Going forward, the mobile gaming segment is expected to be the fastest growing segment in the mobile 3D market segmented by application, at a CAGR of 42.96% during 2023-2028.

North America was the largest region in the mobile 3D market, accounting for 33% or $10.39 billion of the total in 2023. It was followed by Asia Pacific, Western Europe and then the other regions. Going forward, the fastest-growing regions in the mobile 3D market will be Asia Pacific and Western Europe where growth will be at CAGRs of 44.6% and 40.4% respectively. These will be followed by North America and Eastern Europe where the markets are expected to grow at CAGRs of 37.6% and 37.4% respectively.

The global mobile 3D market is highly concentrated, with a few large players operating in the market. The top ten competitors in the market made up to 58% of the total market in 2022. The market concentration can be attributed to the presence of large players in different geographies. Samsung Electronics Co Ltd was the largest competitor with a 8.9% share of the market, followed by Apple Inc. with 8.4%, Qualcomm Incorporation with 8%, Nvidia Corporation with 6.1%, Microsoft Corporation with 5.8%, Lenovo Group Ltd with 5.3%, Sony Corporation with 4.3%, ZTE Corporation with 4.3%, Meta Platforms Inc. with 3.7% and Hitachi Ltd. with 3.3%.

The top opportunities in the mobile 3D market segmented by type will arise in the smartphones segment, which will gain $75.25 billion of global annual sales by 2028. The top opportunities in the mobile 3D market segmented by device component will arise in the 3D display segment, which will gain $101.52 billion of global annual sales by 2028. The top opportunities in the mobile 3D market segmented by application will arise in the mobile gaming segment, which will gain $61.15 billion of global annual sales by 2028. The mobile 3D market size will gain the most in the USA at $32.15 billion.

Market-trend-based strategies for the mobile 3D market include focusing development of innovative new generation products to strengthen their position in the market, focusing on strategic collaboration with the major international mobile manufacturing companies, focusing on the integration of artificial intelligence (AI) in smartphones and tablets to provide visual experience using blending technology, concentrating on providing an easy interface and strong features that automate time-consuming and resource-intensive operations.

Player-adopted strategies in the mobile 3D market include focus on strengthening its market position through new product launches, focus on strategic partnerships and collaborations to better serve the industry, focus on enhancing its operational capabilities through the launch of new solutions.

To take advantage of the opportunities, the analyst recommends the mobile 3D companies to focus on cutting-edge product development for market expansion, focus on AI integration for enhanced 3D experiences, focus on streamlining 3D content creation processes, focus on exponential growth in image sensors segment, expand in emerging markets, continue to focus on developed markets, focus on strategic collaborations, provide competitively priced offerings, focus on pricing strategies for sustainable growth, participate in trade shows and events, continue to use B2B promotions, focus on strategic promotion for enhanced visibility and focus on mobile gaming and animations segments for unprecedented growth.