Augmented and Virtual Reality Market - Forecast(2021 - 2026) - PowerPoint PPT Presentation

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Augmented and Virtual Reality Market - Forecast(2021 - 2026)

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The AR and VR market was estimated to grow to $140.1 billion by 2026, growing at a CAGR of 38.4% from 2021 to 2026. The market is driven by the increasing popularity of Augmented & Virtual Reality Devices due to better user engagement with a high recall rate. – PowerPoint PPT presentation

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Title: Augmented and Virtual Reality Market - Forecast(2021 - 2026)


1
Augmented and Virtual Reality MarketMarket
size, Industry outlook, Market Forecast, Demand
Analysis, Market Share, Market Report 2021-2026
Contact Venkat Reddy sales_at_industryarc.com
(1) 970-236-3677
2
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  • The AR and VR market was estimated to grow to
    140.1 billion by 2026, growing at a CAGR of
    38.4 from 2021 to 2026.
  • The market is driven by the increasing popularity
    of Augmented Virtual Reality Devices due to
    better user engagement with a high recall rate. 
  • The commerce industry saw a huge change when
    e-commerce concept gained mass adoption.
  • Prominent companies such as Walmart, Blockbuster
    suffered when people began purchasing products
    online, and players such as Amazon, eBay and
    Netflix gathered the majority of market share.

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  • Key Takeaways
  • One of the major driver is the rise in adoption
    of smartphones. Hence, Mixed Reality devices
    incorporated/enabled with smartphones offering
    plug and play features would cause a paradigm
    shift to the mixed reality devices market. For
    instance, Lenovo has developed a new smartphone
    Phab 2 Pro enabled with Google Tango which
    offers mixed-reality features to an extent.
  • Both Augmented Reality and Virtual Reality
    technically elaborates the scope of E-Commerce
    and took the interaction to a whole new level
    altogether.
  •  

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By Distribution Channel- Segment Analysis In
Device Type Segment, Video Walls stood as the
fastest growing subset with an estimated CAGR of
35 during the forecast period. MAR (Mobile
Augmented Reality) is expected to account for
more than 52 of AR Application Market by
2026. Microsoft is now selling development
versions of its mixed-reality visor called the
HoloLens and Magic leap which is a new start up
based in Florida has also come up with smart
glasses technology, a pair of transparent
glasses, which are capable of sending the user
into a mixed reality world.
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5
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  • Enterprise Asset Management Market Industry
    Outlook 
  • Amazon
  • Ikea
  • Facebook
  • Sephora
  • BMW
  • Harley Davidson
  • Sotheby

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Augmented and Virtual Reality Market -
Forecast(2021 - 2026) Learn More About the
Report _at_ https//www.industryarc.com/Report/183
75/augmented-virtual-reality-market-research-repor
t-analysis.html
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  • You Can Customize the Report as Per Your Need.
    We have included Some Customization Options
  • Company Profile
  • Analyst Briefing
  • Data Tables
  • Key Contacts
  • Free Customization
  • Purchase Full Report _at_ https//www.industryarc.com
    /purchasereport.php?id18375

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8
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For More Details Contact Venkat
Reddy Contact (1) 970-236-3677 Email
sales_at_industryarc.com Connect with us on LinkedIn
_at_ http//www.linkedin.com/company/industryarc
Contact (1) 970-236-3677
Inquiry Before Buying
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