openPR Logo
Press release

Augmented & Virtual Reality Market by Technology (Augmented Reality, Virtual Reality), by Component (Augmented Reality, Virtual Reality) and by Device (Augmented Reality, Virtual Reality) - Global Opportunity Analysis and Industry Forecast, 2018-2023

08-22-2018 11:19 AM CET | IT, New Media & Software

Press release from: Genesis market insights

Augmented & Virtual Reality Market

Augmented & Virtual Reality Market

Global Augmented & Virtual Reality Market was valued at USD 12.36 Billion in the year 2017. Global Augmented & Virtual Reality Market is further estimated to grow at a CAGR of 54.91% from 2018 to reach USD 170.84 Billion by the year 2023. North America region holds the highest market share in 2017 whereas Asia Pacific region is considered as the fastest growing market in the forecasted period. At the country level, U.S. was the biggest market in 2017 and it is projected to grow at a steady pace in the coming years.

Get Free Access to Sample Report @ https://genesismarketinsights.com/Sample_Request/GENRE069

Alphabet (Google) Inc. (U.S), Apple Inc. (U.S), Microsoft Corporation (U.S) are some of the major players in the Augmented & Virtual Reality Market. Rising research and development costs for product innovations to address varying demand of the end users are driving this market. Similarly, organic growth strategies adopted by most of Tier 1 and Tier 2 companies in last few years is also gaining popularity.

GET 40% DISCOUNT ON FINAL REPORT PRICING FOR THE FIRST TIME BUYER @ https://genesismarketinsights.com/viewreport/70/31/Augmented-and-Virtual-Reality-Market

Drivers:

• Growing usage of AR/VR in the healthcare industry

Restraints:

• The high cost of investments
• Losing experience to actual real-world reality

Opportunities:

• Rising expenditure on the infrastructural investments in AR/VR industry

Challenges:

• AR and VR may pose a cyber threat issue in the un-secure environment

The Software Components holds the highest market share with highest CAGR during the forecast period 2018 - 2023. The growth is mostly attributed to the changing user experiences and rising new product launches.

On the other hand, Head Mounted Display for Augmented and Virtual Reality Market is projected to grow at the highest CAGR of XX% during the year 2018-2023. Head Mounted Display has the largest application base and it is widely used in medical and e-commerce.

Key Benefits for Stakeholders

• Augmented & Virtual Reality product Manufacturers, Distributors, and Retailers
• Raw material suppliers
• Research and Consulting organization
• Technology Standards Organizations, Forums, Alliances and Associations
• End-use industries
• Regulatory bodies, policy actors, and consumers.

By Technology

Augmented Reality Technology:

• Marker-Based Augmented Reality
• Markerless Augmented Reality

Virtual Reality Technology:

• Semi-Immersive & Fully-Immersive Technologies
• Non-Immersive Technology

By Component

Augmented Reality:

• Augmented Reality Hardware Component
• Augmented Reality Software Component

Virtual Reality:

• Virtual Reality Hardware Component
• Virtual Reality Software Component

By Device

Augmented Reality Devices:

• Head Mounted Display
• Handheld Device
• Head up Display

Virtual Reality Devices:

• Projector & Display Wall
• Head Mounted Display (HMD)
• Gesture Control Device

By Application

Augmented Reality Applications:

• Aerospace & Defense
• Consumer
• Commercial
• Medical Verticals
• Others

Virtual Reality Applications:

• Commercial
• Consumer
• Medical
• Industrial

By Region

• North America
• Europe
• Asia-Pacific
• ROW

Key Market Players

• Microsoft Corporation (US)
• Samsung Electronics Co., Ltd. (South Korea)
• Qualcomm Inc. (US)
• Alphabet (Google), Inc. (US)
• Apple Inc. (US)
• NVIDIA Corporation (US)

(A brief overview of another 13 companies is also provided)

Get Full Customized Report @ https://genesismarketinsights.com/Report_Enquiry/GENRE069

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

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 Augmented & Virtual Reality Market by Technology (Augmented Reality, Virtual Reality), by Component (Augmented Reality, Virtual Reality) and by Device (Augmented Reality, Virtual Reality) - Global Opportunity Analysis and Industry Forecast, 2018-2023 here

News-ID: 1193394 • Views: 162

More Releases from Genesis market insights

Solar Panel Recycling Industry By Product Polycrystalline, Monocrystalline, Thin …
Solar panel regeneration market was estimated at $ 77.95 million in 2018. The global solar panel recycling market is expected to grow to a CAGR of 27.04% by 2019, reaching $ 327.69 million by 2025. Europe has the highest market The Asia Pacific market is considered the fastest-growing market during the forecast period. By country, Germany has the largest market share in 2017 and is expected to grow strongly over
Advance Marijuana Industry Report by Top Manufacturers, Countries, Type and Appl …
Advance Marijuana Market was valued at USD 17.18 Billion in the year 2017. Global Marijuana Market is further estimated to grow at a CAGR of 22.91% from 2018 to reach USD 58.90 Billion by the year 2023. North America region holds the highest market share in 2017 and also considered as the fastest growing market in the forecasted period. At a country level, developed markets like the U.S., Canada holds
In-vitro fertilization (IVF) Market Types of cycle, Thawed IVF, Application, Siz …
IVF is the most effective form of assisted reproductive technology. Procedures can be performed using your own eggs and your partner's sperm. Or IVF may include egg, sperm or embryo of a known or anonymous donor. In some cases, a pregnant carrier with a fetus implanted in the uterus may be used. The likelihood of having a healthy baby using IVF depends on many factors, including age and the cause of
Advance IOT Sensors Market Expected to Reach US $+25 billion by 2023 Top Market …
IoT sensors in the automotive industry and the booming industry IoT market are driving the growth of the IoT sensor market. In addition, market growth is accelerating as demand for home appliances such as smart devices (smart TVs, smart phones, etc.) increases. The growth of the global IoT sensor market is accelerating with the increase in sales of consumer electronics products. Smart electric and water meters are also expected to

All 5 Releases


More Releases for Reality

Augmented Reality and Virtual Reality Market To Witness Huge Growth : DAQR, EON. …
Global Augmented Reality and Virtual Reality Market 2020-2027 by Technology, Component, Device Type, Industry Vertical, End-user, and Region: Trend Forecast and Growth Opportunity is latest research study released by HTF MI evaluating the market, highlighting opportunities, risk side analysis, and leveraged with strategic and tactical decision-making support. The study provides information on market trends and development, drivers, capacities, technologies, and on the changing investment structure of the Global Augmented Reality
Global Augmented Reality and Virtual Reality Market
Global Augmented Reality and Virtual Reality Market – Global Industry Analysis and Forecast (2017-2026) _ by Technology (Marker-Based, Marker Less and Others), by Device Type (Handheld Device, Head-Up Display, and Others), by Vertical, By Application, and by Geography Market Scenario Global Augmented Reality and Virtual Reality Market was valued US$ 6.1 Bn in 2017, and is expected to reach US$ 58.2 Bn by 2026, at a CAGR of 32.57% during forecast period. Augmented
Mixed Reality Market - Convergence of Augmented Reality and Virtual Reality Tech …
Substantial advances in hardware technologies and the adoption of sophisticated mobile software to create real-time and immersive environments are the key factors stimulating the demand for mixed reality (MR). The inroads made by virtual world of computer-generated imagery to real-world environments along with the advancement in automated reality technologies has led to the steady evolution of the MR market. Obtain Brochure For Latest Technology Advancements @ https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=14210 The mixed reality market
Analysis Augmented Reality and Virtual Reality Market - Computer-Mediated Realit …
AR and VR technologies were incepted in early 90`s, but the technologies are getting into mainstream in recent years. As the market is in emerging stage the number of players are limited and growing year on year, limited entry barrier at present is encouraging new ventures in AR and VR market, while many big players such as Google, Inc., Microsoft, Facebook, and many others are focusing to capitalize the market
AUGMENTED REALITY AND VIRTUAL REALITY Market
The Insight Partners added “Augmented Reality and Virtual Reality Market to 2025 - Global Analysis and Forecasts by Technology, Sensors & Components and Applications” to its research database. The report is spread across 203 pages and supported by 10 company leaders. AR and VR technologies were incepted in early 90`s, but the technologies are getting into mainstream in recent years. As the market is in emerging stage the number of players
The Reality of Virtual Reality Market Analysis and Forecast
ReportsWeb.com published “The Reality of Virtual Reality” from its database. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. In spring 2016, many IT companies had unveiled their VR (Virtual Reality) headsets, including Sony's PlayStation VR, Samsung's Gear VR, Oculus VR's Oculus Rift, and HTC's VIVE Pre. It seems that 2016 is