openPR Logo
Press release

Mobile Augmented Reality Market is Set to Garner Staggering Revenues by 2026

04-12-2018 12:32 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Future Market Insights

Mobile Augmented Reality Market is Set to Garner Staggering

Augmented reality (AR), an innovative technology that displays an upgraded perspective of present reality, is progressively picking up acceptance over enterprises. AR based applications empower clients to view data connected with the physical items in the area, in this manner upgrading the client experience. Augmented reality offers an interactive experience enhancing real world, rather than creating an entirely artificial environment around the user. AR can potentially supplement the physical environment with information perceptible by all human senses.

Platforms by which enterprises can implement AR can be through mobile and wearable devices. Mobile based applications are aiding organizations enhance their current procedures and review client experience. Mobile devices that are potentially capable of AR interface uses location based computing and services to offer innovative way of interaction with the user.

Use of mobile based AR applications are progressively picking up prominence in the market. Such applications influence the various smart features accessible on cell phones, similar to accelerometer, large displays with multi-touch capabilities, global positioning system (GPS), faster processors, graphic processing units (GPU) and high internet speed. The global mobile augmented reality market is highly fragmented across verticals, requiring technology providers to understand distinct differences and requirements of different industry verticals. Mobile augmented reality has various application area that include construction and assembly, maintenance and inspection, navigation and tourism, marketing and advertising and more.

Global Mobile Augmented Reality Market: Drivers and Restraints, Segmentation, Regional Outlook and Competition Landscape

The high penetration of smartphones and tablet is expected to drive the growth of global mobile augmented reality market. Widening application of augmented reality in new sectors such as tourism and E-commerce, is encouraging key vendors to invest in mobile augmented reality positively impacting the global mobile augmented reality market.

Request Report Sample @ http://www.futuremarketinsights.com/reports/sample/rep-gb-1990


Mobile devices that support augmented reality are becoming more powerful and less expensive. Emerging hardware possibilities such as mobile projection devices that allow new type of AR applications to function, generation of 3D models of real objects with increasing adoption of 3D cameras are enabling the big players to invest in the R&D of mobile augmented reality, driving the growth of global mobile augmented reality market.

One of the prime challenge faced by the key vendors in mobile augmented reality market is rate of adoption is low due to complexities in the design, this impacts negatively. Other factors such as lack of awareness among the people about augmented reality, high cost of creation, technological limitation and privacy concerns hinders the acceptance of mobile augmented reality products hampering the growth of global augmented reality market.

Global mobile augmented reality market can be segmented on the basis of component type, application, vertical and region. On the basis of component type, global mobile augmented reality market can be segmented into hardware and software. Hardware segment can be sub-segmented into displays, sensors, 3D cameras and others. On the basis of application, global augmented reality market can be segmented into smartphones, tablets, wearable, gaming console and others. On the basis of vertical, global mobile augmented reality market can be segmented into gaming, sports and entertainment, retail, e-learning and others. On the basis of region, global mobile augmented reality market can be segmented into North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excluding Japan, Japan and Middle East and Africa.

Request For Table Of Content @ https://www.futuremarketinsights.com/toc/rep-gb-1990

North America and Western Europe dominates the mobile augmented reality market as many PC game developer companies are situated in these regions. Asia Pacific Excluding Japan is expected to have the highest growth during the forecast period as the adoption rate of new technologies and demand for smartphones and tablets is high in this region.

Key vendors in the global augmented reality market include Augmented Pixels Inc., (HP development Company L.P.) – Aurasma, Nintendo, Layar – (Blippar Group), DAQRI, Catchoom, Wikitude GmbH, and Holition

Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.

Future Market Insights
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705
Email: sales@futuremarketinsights.com
Website: www.futuremarketinsights.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Mobile Augmented Reality Market is Set to Garner Staggering Revenues by 2026 here

News-ID: 1013722 • Views:

More Releases from Future Market Insights

Global Lithium Ion Battery Separator Market Projected to Reach US$ 3,256.7 Million by 2032
Global Lithium Ion Battery Separator Market Projected to Reach US$ 3,256.7 Milli …
The lithium-ion battery separator is a critical component in lithium-ion batteries, responsible for preventing short circuits and ensuring safe and efficient battery performance. It acts as a physical barrier between the positive and negative electrodes, allowing lithium ions to pass through while blocking the flow of electrons. With advancements in separator technology, these separators play a key role in enhancing battery capacity, cycle life, and overall safety in various applications,
Industrial Drums Market on a Trajectory to Reach US$ 17.6 Billion by 2027, Bolstered by a Robust 7.1% CAGR from 2022
Industrial Drums Market on a Trajectory to Reach US$ 17.6 Billion by 2027, Bolst …
The Industrial Drums Market is experiencing a steady and promising trajectory, with an estimated value of US$ 12.5 billion in 2022, projected to escalate to US$ 17.6 billion by 2027 at a commendable Compound Annual Growth Rate (CAGR) of 7.1%. This growth is substantiated by a 6.6% CAGR in volume during 2022-27, as per Future Market Insights. Anticipated to expand 1.5 times within this period, the market presents alluring prospects for industry
Supermarkets, Convenience Stores, and Eco-friendly Choices Fuel the Expansion of the Metal Cans Industry, Catering to Health-conscious and Environmentally-aware Consumers
Supermarkets, Convenience Stores, and Eco-friendly Choices Fuel the Expansion of …
The metal cans market is predicted to grow at a CAGR of 5% over the forecast period, according to research by Future Market Insights. The industry's estimated value is expected to increase from US$ 56 Bn in 2023 to US$ 91.1 Bn by 2033. The market for metal cans has been driven by the heightened demand for the product in food and beverages industry. Metal cans helps prolong shelf-life of perishable
Folding IBCs Market Poised for Growth: Expected to Reach US$ 528 Million by 2027 with a 4.8% CAGR
Folding IBCs Market Poised for Growth: Expected to Reach US$ 528 Million by 2027 …
The folding intermediate bulk containers (IBCs) market is on a growth trajectory, with an estimated value of US$ 418 million in 2022, projected to reach US$ 528 million by 2027, showcasing a Compound Annual Growth Rate (CAGR) of 4.8%. Remarkably, the China folding IBCs market defied initial pandemic-related skepticism and is anticipated to grow by 6.9% year on year in 2022. Despite global challenges, China's folding IBCs market is poised to contribute

All 5 Releases


More Releases for Mobile

Asia - Mobile Infrastructure and Mobile Broadband
Bharat Book Bureau Provides the Trending Market Research Report on "Asia - Mobile Infrastructure and Mobile Broadband" under Telecom category. The report offers a collection of superior market research, market analysis, competitive intelligence and industry reports. Executive Summary Leading Asian nations prepare for 5G rollouts Asia’s mobile subscriber market is now witnessing moderate growth in a fast maturing market. Whilst there are still developing markets continuing to grow their mobile subscriber base at
Mobile Virtual Network Operator (MVNO) Market 2019 Growth Trends by: LEBARA GROU …
The global mobile virtual network operator (MVNO) market was valued at USD 54.1 billion in 2017. The market is expected to register a CAGR of 8.8% during the forecast period, 2018-2023. Mobile virtual network operators (MVNO) are those who resell data and voice services with more flexible plans and lower prices. MVNO’s do not have their own infrastructure and own spectrum. However, they purchase minutes of use (MOU) from mobile
Mobile Virtual Network Operator (MVNO) Market Analysis by Top Key Players Tracfo …
The mobile virtual network operator (MVNO) is also referred to as the mobile other licensed operator (MOLO), or the virtual network operator (VNO), is the remote service of communication which does not claim the remote network infrastructure on which it gives the customer the services. Get Sample Copy of this Report @ https://www.bigmarketresearch.com/request-sample/2835705?utm_source=RK&utm_medium=OPR The MVNO goes into the business agreement with the mobile network operator for acquiring more access to
Mobile Virtual Network Operator (MVNO) Market Comprehensive Study 2018: Boost Mo …
Global Mobile Virtual Network Operator (MVNO) market report provides a thorough synopsis on the study for market and how it is changing the industry. The data and the information regarding the industry are taken from reliable sources such as websites, annual reports of the companies, journals, and others and were checked and validated by the market experts. Mobile Virtual Network Operator (MVNO) Market report includes historic data, present market trends,
Asia - Mobile Infrastructure And Mobile Broadband
Asian mobile broadband market continues to grow strongly With 3.9 billion mobile subscribers and over 50% of the mobile subscribers in the world, spread across a diverse range of markets, the region is already rapidly advancing in the adoption of mobile broadband services. Mobile broadband as a proportion of the total Asian mobile broadband subscriber base, has increased from 2% in 2008 to 18% in 2013, 27% in 2014, 33% in
Mobile Money Market Trends, Public Demand and Worldwide Strategy - Mobile Commer …
The mobile money market report provides an analysis of the global mobile money market for the period 2014 – 2024, wherein 2015 is the base year and the period from 2016 to 2024 is the forecast period. Data for 2014 has been included as historical information. The report covers all the prevalent trends playing a major role in the growth of the mobile money market over the forecast period. It