Augmented Reality Market share to grow at 80.8% CAGR from 2016 to 2024 - PowerPoint PPT Presentation

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Augmented Reality Market share to grow at 80.8% CAGR from 2016 to 2024

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More Information @ Automotive augmented reality market size is projected to witness significant growth with a CAGR of over 80% from 2016 to 2024. Rising demand in vehicles to reduce driver distractions and safety enhancement propels the industry adoption across the segment. Moreover, AR mitigates the reluctance towards conventional showroom visit with virtual experience and improves user experience. – PowerPoint PPT presentation

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Title: Augmented Reality Market share to grow at 80.8% CAGR from 2016 to 2024


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Global Augmented Reality Market share to reach
165bn by 2024 Fractovia.org
2
Key Insights of Augmented Reality Market
  • Increasing penetration of consumer electronic
    products embedded with AR components in various
    industries will augment global augmented reality
    market. Augmented reality makes use of an
    existing real-time environment and integrates it
    with digital information to form a composite
    visual image that deems itself as engaging to the
    user. This technology is being deployed across
    myriad sectors to provide enhanced customer
    experience and expand the global consumer pool.
  • According to Global Market Insights, Inc.,
    Augmented Reality Industry was valued for more
    than USD 570 million in 2015, and is slated to
    record an astronomical revenue of USD 165 billion
    by 2024.
  • Smart glass augmented reality market will observe
    y-o-y growth of 95 over 2016-2024. This
    exceptional growth can be credited to increasing
    consumer expectations of innovatively ushering in
    a digital world with a physical one.
    Additionally, high enterprise demand for advanced
    glasses to manufacture high quality industrial
    products will also augment the industry growth.
    Head-mounted displays and head-up display are the
    other two display device segmentations of
    segmented reality market.

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Continued
  • High demand for safety control in vehicles will
    fuel augmented reality industry in automotive
    applications, which is all set to grow at a CAGR
    of 8- over 2016-2024. The convenience of
    choosing car models without a visit to the
    showroom and an enhanced customer experience will
    further propel this market. Rising demand to
    efficiently handle machinery will impel augmented
    reality industry in industrial applications,
    which accounted for more than 25 of the overall
    revenue share in 2015.
  • Notable participants in augmented reality market
    include Infinity Augmented Reality, Apple,
    Wikitude, Sony, Daqri LLC, Magic Leap, Google,
    Blippar, Total Immersion, Google, ODG, and
    Microsoft. Industry players often liaison with
    third party mediators to enhance their existing
    technologies and innovate novel technologies as
    per consumer preferences.

4
Germany Augmented Reality Market size, by
application, 2014-2024 (USD Million)

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Browse Full Market Research Report Of Augmented
Reality Market _at_ http//bit.ly/2p1RN2j
Request for a Sample of this Research report
_at_ https//www.fractovia.org/request-sample/364
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Table of Contents
Report Content Chapter 1      Methodology
Scope 1.1       Research Methodology 1.1.1   
Initial data exploration 1.1.2    Statistical
model and forecast 1.1.3    Industry insights and
validation 1.1.4    Research scope and
assumptions 1.2       Data Sources 1.2.1   
Primary sources 1.2.2    Secondary
sources Chapter 2      Executive
Summary 2.1       AR industry 3600 synopsis, 2014
- 2024 2.1.1    Business trends 2.1.2    Regional
trends 2.1.3    Component trends 2.1.4    Display
device trends 2.1.5    Application trends
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Continued
Chapter 3    Augmented Reality Industry
Insights 3.1    Industry segmentation 3.2   
Industry Size and forecast, 2014 - 2024 3.3   
Industry ecosystem analysis 3.4    Capital
Investment 3.5    Notable mergers acquisitions
in the AR market 3.6    Technology innovation
landscape 3.6.1    Augmented Reality
Earbuds 3.6.2    Smart Glasses for Blind
People 3.6.3    Augmented Reality Helmet 3.7   
Regulatory landscape 3.7.1    Digital Millennium
Copyright Act (DMCA) 3.7.2    Communications
Decency Act (CDA) 3.7.3    Child Online
Protection Act (COPA) 3.7.4    Federal Trade
Commission (FTC)
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Continued
3.8    Industry Impact forces 3.8.1    Growth
drivers 3.8.1.1    Emerging AR applications
across e-commerce and retail 3.8.1.2   
Increasing investments in the AR
technology 3.8.1.3    Rising demand in medical
and automotive industry 3.8.1.4    Increasing
adoption of AR enabled smart glasses 3.8.2   
Industry pitfalls challenges 3.8.2.1    Privacy
concerns pertaining to the AR technology 3.8.2.1  
  Financial constraints and complexity 3.9   
Growth potential analysis 3.10    Company
landscape, 2015 3.10.1    Strategy
dashboard 3.11    Porters analysis 3.12   
PESTEL analysis
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