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Reality in Retail Market By Offering (Software and Services, Hardware), By Technology (Marker-less Augmented Reality, Marker-based Augmented Reality), By Device Type (Handheld Device, Head-Mounted Display (HMD), Smart AR Mirror), By Retail Type (Apparel F

08-14-2018 01:12 PM CET | IT, New Media & Software

Press release from: Genesis market insights

Augmented Reality in Retail Market

Augmented Reality in Retail Market

Global Augmented Reality in Retail Market was valued at USD 0.86 Billion in the year 2017. Global Augmented Reality in Retail Market is further estimated to grow at a CAGR of 45.67% from 2018 to reach USD 8.21 Billion by the year 2023. North America region holds the highest market share in 2017 and Asia-Pacific market is considered as the fastest growing market in the forecasted period. At country level, developed markets like the U.S holds the notable market share in 2017 and it is projected to grow at a gradual rate in the coming years.

Get Free Access to Sample Report @ https://genesismarketinsights.com/Sample_Request/GENRE304

Alphabet, Inc. (Google) (U.S), Apple, Inc. (U.S), PTC Inc. (U.S), Microsoft Corporation (U.S), Blippar (London), Augment (U.S), Wikitude GmbH (Austria), ViewAR - Augmented Reality (Austria), Marxent-Patents Pending (U.S), Zugara, Inc. (U.S) are some of the key players in the Global Augmented Reality in Retail market.

Drivers:

• Rising smartphone penetration tends to growth of AR Apps

Restraints:

• Security and privacy concerns

Opportunities:

• Increasing investment in retail sector

Challenges:

• Lack of expertise

The global Augmented Reality in Retail Market has been segmented into Offering, Technology, Device Type, Retail Type and region. Based on Retail Type, the Furniture and Lighting segment is projected to lead the market from 2018 to 2023. Based on Device Type, Head-Mounted Display (HMD) segment of the Augmented Reality in Retail market is expected to grow at the highest CAGR from 2018 to 2023.

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Key Benefits for Stakeholders

• Original Equipment Manufacturers (OEMs),
• Original Design Manufacturers (ODMs) and OEM Technology Solution Providers,
• Raw Material and Manufacturing Equipment Suppliers.

By Offering

Software and Services

• Services
• Software Development Kits

Hardware

• Cameras
• Sensors
• Displays & Projectors
• Semiconductor Components

By Technology

Marker-less Augmented Reality

• Image Processing Based
• Model Based

Marker-based Augmented Reality

o Active Marker
o Passive Marker

By Device Type

• Handheld Device
• Head-Mounted Display (HMD)
• Smart AR Mirror

By Retail Type

• Apparel Fitting
• Furniture and Lighting
• Grocery Shopping Jewelry
• Beauty and Cosmetics
• Footwear
• Others

By Region

• North America
• Europe
• Asia-Pacific
• RoW

Key Market Players

• Alphabet, Inc. (Google)
• Apple, Inc.
• PTC Inc.
• Microsoft Corporation
• Blippar
• Augment
• Wikitude GmbH
• ViewAR - Augmented Reality
• Marxent-Patents Pending
• Zugara, Inc.

(A brief overview of 10 companies is also provided in the report.)

Read Report Overview with Full TOC @ https://genesismarketinsights.com/viewreport/305/31/Augmented-Reality-in-Retail-Market

About Us:

Genesis Market Insights (GMI), is a subsidiary of Genesis Management & Market Research Pvt.Ltd. (GMMR) having a strong experience both in primary and secondary market research serving small to large scale enterprises across globe. Established in 1993, GMMR has become a recommended brand for Market Research for various international and MNC Corporations with its strong data foundation. With its exhaustive research capabilities, strong analytics services and in house data validation tools, GMMR has delivered actionable, reliable and all-inclusive Market Research Reports. GMMR is growing strongly for last 2 decades with most of the clients providing repeat business for their trust on the data quality and recommendations for decision making.

Contact Us;

Genesis Market Insights (GMI)
902 Broadway, 6th Floor,
New York, NY 10010
(212) 634-4560
Mail us at: info@genesismarketinsights.com
Website: www.genesismarketinsights.com

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