The global augmented reality market is estimated to grow at a CAGR of 31.0% during the forecast period (2019-2025). The market growth is attributed to technological advancement and increasing investment in the augmented reality industry. Additionally, emerging applications across e-commerce and use of AR technology for effective advertising are also estimated to be major factors that are driving the growth of the market. However, low awareness, connectivity issues, and financial constraints and complexity are some of the major barriers to the growth of the global augmented reality market. Besides, opportunities in the enterprise industry and increasing demand for augmented reality in architecture are predicted to boost the market in the near future.
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With the help of apparent insights depicted here into a wide range of product and service releases by key competitors in the market, novice players are able to position themselves in the vast market. It is an indispensable need to get detailed idea to track future business growth and this Augmented Reality Market research report is the best medium to get that vision. It also aims at providing market environment along with covering complete market information. Augmented Reality Market research report also enables business owners to have firm grasp over what consumers exactly expect, their future demands, wants and preferences by offering detailed customer related data. It further discusses about key market players and ongoing latest trends.
This informative yet easy to understand Augmented Reality Market study report covers wide-ranging product launch wise latest trends, regulatory shifts and other important factors, which are expected to affect the overall industry growth for the approaching time span 2022-2028. It aims at providing detailed knowledge about what customers exactly want from which key players can make sound decision making for the growth of business. It also aims at measuring marketing effectiveness. SWOT Analysis technique is also employed to form the market research report to cover helpful opportunities, possible challenges and threats. Impact of new corona virus on the global economy is also shared in this Augmented Reality Market report. Collaborations, mergers and acquisitions like strategies are also covered in this market study report.
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- Market Coverage
- Market number available for – 2023-2029
- Base year- 2022
- Forecast period- 2023-2029
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Market Segmentation
Augmented Reality Market by Device Type
- Head-Mounted
- Head-Up
- Handheld
Global Augmented Reality Market by Offering
- Hardware
- Software
Global Augmented Reality Market by Application
- Enterprise
- Consumer
- Commercials
- Automotive
- Healthcare
- Others
Regional Analysis
- North America
- United States
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- Apple, Inc.
- Atheer, Inc.
- Blippar Ltd.
- Catchoom Technologies, S.L.
- Epic Games Inc
- Google, LLC
- HP Development Co., L.P.
- Intellectsoft LLC
- Lumus Ltd.
- Magic Leap, Inc
- Microsoft Corp.
- Niantic Inc.
- Optinvent S.A.
- PTC Inc.
- Qualcomm Technologies Inc.
- Rokid Corp. Ltd.
- Seiko Epson Corp.
- Thales Group
- Universal mCloud Corp. (NGRAIN)
- Vuzix Corp.
- Wayray AG
- Wikitude GmbH
- Zugara, Inc.
The Report Covers
- Market value data analysis of 2018 and forecast to 2025.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global Augmented Reality market. Based on the availability of data, information related to pipeline products, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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