A display system for presenting three-dimensional images. The display system includes projection unit including projection subassemblies, wherein each projection subassembly includes array of point-like light sources, spatial light modulator and controller; projection screen; and processor. The processor is configured to: process three-dimensional data pertaining to a scene to generate image data of three-dimensional image; and display three-dimensional image, via projection subassemblies of the projection unit, wherein, in each of projection subassemblies, the controller is configured to multiplex operations of individual point-like light sources of the array and the spatial light modulator in a time-sequential manner, based on the image data of three-dimensional image, to display a plurality of segments of three-dimensional image sequentially.