Global market for augmented reality is soar at a CAGR of 39% between 2019 and 2023 - PowerPoint PPT Presentation

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Global market for augmented reality is soar at a CAGR of 39% between 2019 and 2023

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Augmented Reality (AR) Market, a revolutionary technology that brings the virtual world closer to reality has become massive in the modern world. AR is playing an important role in transforming sectors such as healthcare and education. At the same time, increasing application of augmented and virtual reality in automotive, retail, manufacturing industries is auguring well for the global market for augmented reality. As per the latest report published by market Research Future (MRFR), the global market for augmented reality is soar at a CAGR of 39% between 2019 and 2023. – PowerPoint PPT presentation

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Title: Global market for augmented reality is soar at a CAGR of 39% between 2019 and 2023


1
Global augmented reality market is expected to
grow at a CAGR of approximately 39 during the
forecast period 2017-2023.
www.marketresearchfuture.com
2
Market Highlights Augmented reality market is
estimated to exhibit high growth potential during
the forecast period owing to its increasing
demand across various industry verticals. Rising
demand among the end users for augmented reality
is driving the growth of the market.
Additionally, innovations and advancements in
technology, and increasing use of smart and
connected devices is adding fuel to the growth of
the augmented reality market. Atheer, PTC,
Bipplar, Google Inc., Microsoft Corporation,
Samsung Electronics Co. Ltd., Wikitude GmbH,
DAQRI, Zugara, Upskill, Magic Leap and Infinity
Augmented Reality are some of the leading players
in the market. Atheer has acquired SpaceView to
create a richer augmented and mixed reality
experience for the users. The company focusses on
offering innovative solutions and keeps up with
the fast pace of the technological advancements.
With this acquisition, Atheer has extended its
growing portfolio of innovative augmented reality
and mixed reality technologies and capabilities.
Increasing trend of smart devices and growing
trend of augmented reality devices in the
healthcare sector are the major factors driving
the growth of the market. The focus towards the
promotion of the implementation of augmented
reality devices in medical applications is
increasing due to the convenience and creativity
being provided, and growing trend of
digitalization is another factor responsible for
fueling the growth of augmented reality market.
3
  • Segmentation
  • The worldwide augmented reality market is
    segmented into five distinct parts. They comprise
    of technologies, applications, components, types,
    end-users geographies.
  • On account of technologies, the market is
    bifurcated into near eye based technology
    monitor based technology.
  • On the basis of applications, the market is
    fragmented commercial, enterprise, medical,
    energy, aerospace defense and consumer
    electronics.
  • The component section is sub-divided into
    software hardware.
  • When it comes to types, the industry is separated
    into head-up display, handheld devices mounted
    display.
  • Enterprises consumers form the end-users
    portion of the market.
  • Regionally, the market is spread across North
    America, Asia Pacific, Europe Rest of the
    World.
  • Browse Complete Report Details
  • https//www.marketresearchfuture.com/reports/augme
    nted-reality-market-1143

4
Regional Analysis The global augmented reality
market is studied for Asia Pacific, North
America, Europe, and Rest of the World. It has
been observed that Asia Pacific is estimated to
account for the largest share of the market,
whereas North America is projected to grow at the
fastest rate during the forecast period. The Asia
Pacific market growth is attributed to
technological advancements and increased adoption
of mobile devices across various industry
verticals. Report Sample https//www.marketresea
rchfuture.com/sample_request/1143
5
  • Intended Audience
  • Technology Investors
  • Research/Consultancy firms
  • Technology Solution Providers
  • Government Bodies
  • Hospitality Sector
  • Raw Material and Manufacturing Equipment
    Suppliers
  • Semiconductor Foundries
  • Original Equipment Manufacturers (OEMs)
  • Research Organizations
  • Analysts and Strategic Business Planners

6
Key players Some of the prominent players in the
global augmented reality market are Qualcomm
Technologies Inc. (U.S.), Microsoft Corporation
(U.S.), Blipper Inc. (U.K.), Infinity Augmented
Reality Inc.  (U.S.), Google Inc. (U.S.), DAQRI
(U.S.), Samsung Electronics Corporation Ltd.
(South Korea), Catchoom Technologies (Spain),
Magic Leap Inc. (U.S.), Sony Corporation (Japan),
PTC Inc. (U.S.), Wikitude GmbH (Austria), Zugara,
Inc. (U.S.), Osterhout Design Group (U.S.),
METAIOs SDK (Germany), Facebook, Inc. (U.S.),
and Total Immersion (France) among others.
7
Contact Market Research Future Office No. 528,
Amanora Chambers Magarpatta Road, Hadapsar, Pune
- 411028 Maharashtra, India 1 646 845
9312 Email sales_at_marketresearchfuture.com
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