In the simplest explanation, a hologram is a 3-Dimensional representation of the photographically recorded light field. This is a 100% accurate representation of a physical object and could be seen without using specially designed glasses. However, such a definition could cause confusion in today’s time. Today, nearly any 3D interactive virtual image is deemed to be a hologram.
3D interactive images can be used in simple instructional courses such as presentation of car care tips when applying for a new driver’s license or for first-time drivers. 3D interactive designs are also being used in creative designs.
While it is tempting to think of a myriad of entertainment applications that can be used for it, this technology is more than just a movie effect or entertainment application.
Try to imagine integrating 3D images or hologram of terrains in training soldiers or helping in rescue missions during natural catastrophe such as floods as well as earthquakes. Well what about a surgeon who is preparing for an operation and has access to 3D image of a compromised organ? Think as well of mechanics working on your automobile who can easily spot and fix the issues it has. It sounds futuristic but it slowly but surely, these things are being put into reality.
It’s a Billion Dollar Industry on the Rise
Let me give you an example. Tech giant Microsoft has already invested millions of dollars to develop and program HoloLens. This is a special headset that enables interaction with holograms. Both Hyundai and Porsche has poured in 80 million as well in holographic AR tech firm WayRay while Time Warner has pledged 27 million dollars for celebrity hologram company named 8i.
The truth is, the value of these new techs is forecasted to meet or rise to 5.5 billion dollars by the year 2020. All these enormous investments are putting more and more companies in a stiff competition in delivering these companies the best tech the world has.
But since the industry is still at its early stage, it’s actually a free-for-all battle on who will come up on top.
Augmented Reality (AR) and Hologram Tech
More often than not, people envision holograms as being in a dark room with shiny laser creating an illustration of an object. They think that these are only 2D surfaces that utilize optical tricks in displaying 3D images. Yet, if you are going to see at a different angle, you will notice that there’s lacking of depth in visualization. To resolve this issue, companies in this industry are turning to AR apps and headsets while others are looking forward to making holograms visible with the naked eye.