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Mobile Augmented Reality Market Growth Analysis by Google, Apple, SAP SE, Microsoft, Qualcomm, Intel, Blippar, Infinity augmented reality, DAQRI, Samsung, Elsevier, HCL, CORDIS, Catchoom technologies
Global Mobile Augmented Reality Market, By Component (Hardware, Software), Applications (Smartphones, Smart Glasses & Wearable, Tablets), End-User (Telecommunication, Gaming & Entertainment) - Forecast Till 2023The global mobile augmented reality market is expected to reach USD ~ 70 billion at a CAGR of over 61% by the end of the forecast period.
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Market Highlights
North America dominates the mobile augmented reality market. The emerging trend in the IT industry has given rise to the need of mobile augmented reality in the market. With the evolution in technologies such as battery, user interfaces, sensors and others are extensively used in mobile augmented reality. Wearable devices are integrated with mobile augmented reality which offers complex contexts, process optimization, and new levels of remote collaboration, which is propelling the market growth. The proliferation of smartphones and tablets are widely used among users and its improving processing capabilities, sensors, and soon, 3D cameras, are boosting the growth of mobile augmented reality market to the large extent.
The North American region is experiencing higher demand due to increasing use of smartphones which is driving the Mobile Augmented Reality Market growth. The prominent companies such as Microsoft Corporation (U.S.), Google Inc. (U.S.), CORDIS (U.S), Intel Corporation (U.S), Qualcomm Inc. (U.S.), are providing mobile augmented reality solutions in the market. The mobile augmented reality solution are widely used in retail, e-commerce, product visualization education, and others. On October 31, 2017, EON Reality Inc., a global leader of augmented and virtual reality based knowledge transfer for industry and education, went into the partnership with Emirates Advanced Investments Group to deliver EON Reality in Dubai.
Mobile Augmented Reality Market Segmentation
The global mobile augmented reality market is segmented into component, applications, end-users, and region. The component is further segmented into hardware and software. Further, the hardware is sub-segmented into 3D graphics system, GPS system, wireless network, displays, sensors and others. The deployment are segmented into On-Premise, on cloud. The applications are segmented Telecommunication, Gaming & entertainment, enterprises (E-commerce, advertising and healthcare), and public sectors (Education, Government, Military) and others. The market is spanned across regions including North America, Europe, Asia Pacific, and rest of the world.
The prominent players in the global mobile augmented reality market: Qualcomm Inc. (U.S.), SAP SE (Germany), Microsoft Corporation (U.S.), Blippar (U.K), Infinity augmented reality (Israel), Apple Inc. (U.S.), DAQRI (U.S.), Samsung electronics Ltd. (South Korea), Google Inc. (U.S.), Elsevier (Netherlands), Intel Corporation (U.S), HCL Technologies Limited (India), EON Reality Inc.(U.S), CORDIS (U.S), and Catchoom technologies (Spain) among others.
Market Research Analysis:
The global mobile augmented reality market is consists of the Americas, Europe, Asia Pacific, and Rest of world. North America is dominating the global mobile augmented reality market. The mobile augmented reality market is witnessing a high growth due to huge demand from various verticals such as government and defense, IT and telecom, healthcare, retail, and others. Europe is projected to hold the second largest share of the mobile augmented reality market during the forecast period. Asia Pacific is expected to witness the highest CAGR in the coming years.
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List of Figures
FIGURE 1 Global Mobile Augmented Reality Market Segmentation
FIGURE 2 Forecast Methodology
FIGURE 3 Five Forces Analysis Of Global Mobile Augmented Reality Market
FIGURE 4 Value Chain Of Global Mobile Augmented Reality Market
FIGURE 5 Share Of Global Mobile Augmented Reality Market In 2017, By Country (In %)
FIGURE 6 Global Mobile Augmented Reality Market, 2017-2023,
FIGURE 7 Sub Segments Of Component
FIGURE 8 Global Mobile Augmented Reality Market Size By Applications , 2017
FIGURE 9 Share Of Global Mobile Augmented Reality Market By Component, 2017 TO 2023
FIGURE 10 Global Mobile Augmented Reality Market Size By Applications , 2017
FIGURE 10 Share Of Global Mobile Augmented Reality Market By Component, 2017 TO 2023
FIGURE 12 Global Mobile Augmented Reality Market Size By Applications, 2017 TO 2023
FIGURE 13 Share Of Global Mobile Augmented Reality Market By Applications, 2017 TO 2023
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