Augmented Reality Market Projected to Surpass US$ 39426 Million globally by 2022 - Google, Microsoft, Magic Leap, Daqri, Zugara, Blippar

“Augmented Reality Market” report includes - Industry Future Trends, Growth Opportunity, Experts reviews and forecast period (2019-2022). A wide range of Applications, Utilization Ratio, Supply and Demand analysis are also consist in the Report. At the end report introduced new project SWOT analysis, investment feasibility analysis.                

Global Augmented Reality Market overview:

With the slowdown in world economic growth, the Augmented Reality industry has also suffered a certain impact, but still maintained a relatively optimistic growth, the past four years, Augmented Reality market size to maintain the average annual growth rate of 55.66% from 1140 million $ in 2014 to 4300 million $ in 2017, Market analysts believe that in the next few years, Augmented Reality market size will be further expanded, we expect that by 2022, The market size of the Augmented Reality will reach 39426 million $.

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Global Augmented reality is a technology, which uses the existing user’s environment and overlays the digital or virtual content or information over it to offer immersive digital experience in real-time environment. Virtual reality is a computer-generated 3D environment, which completely immerses end users in an artificial world without seeing the real-world. Augmented reality applications are developed on special 3D programs, which enable developers to integrate contextual or digital content with the real world in real time. Virtual reality offers realistic user experience of artificial world in interactive simulated environment.

The Global Augmented Reality Market is segmented on the basis of Device Type, Application, Technology and Regions. Based on Device Type segment the Head-Up Displays (HUDs) for the augmentation of images are presently used in Automotive and Aerospace & Defense sectors for training purposes; the Augmented Reality Market for HUDs is still in the developing phase and is likely to commercialize in the near future. The Augmented Reality HUDs are likely to be used mainly for navigation in airplanes and automotive. The information such as the roadmap and the speed along with the other necessary details in the line of sight would be displayed at the windscreens and would help the driver to drive safely. The use of head-up displays for applications such as Automotive and Aerospace & Defense would help the market to grow at a higher rate.

Based on Application segment the consumer application has been studied on the basis of Gaming, Sports and Entertainment sections. The augmented reality market has witnessed a high growth and leads the market owing to its use in apps. The Augmented Reality gaming apps have seen widespread adoption in the last 2 years and are expected to be the major drivers for the growth of the augmented reality market. However, the consumer application leads the Augmented Reality Market due to the high demand for HMDs in gaming and entertainment.

Regionally, North America dominated the overall market in 2019, due to rapid adoption of new technology by the masses and presence of several augmented & Virtual Reality companies. United State is a major contributor to the growth of the Augmented Reality Market in North America. However, APAC is expected to witness the highest growth rate during the forecast period, owing to rise in adoption of technologically advanced solutions, increase in application areas among end-use industries, and surge in penetration of smartphones in the emerging economies such as China and India.

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Major Key Players:

1 Google, Inc.

2 Microsoft Corporation

3 Ptc, Inc.

4 Wikitude Gmbh

5 Magic Leap, Inc.

6 Osterhout Design Group

7 Daqri Llc

8 Zugara, Inc.

9 Blippar

10 Upskill

Market segment by Regions/Countries, this report covers:

1 North America Country (United States, Canada)

2 South America

3 Asia Country (China, Japan, India, Korea)

4 Europe Country (Germany, UK, France, Italy)

5 Other Country (Middle East, Africa, GCC)

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Table of Contents:

Global Augmented Reality Market Report 2019

1 Augmented Reality Definition

2 Global Augmented Reality Market Major Player Share and Market Overview

3 Major Player Augmented Reality Business Introduction

4 Global Augmented Reality Market Segmentation (Region Level)

5 Global Augmented Reality Market Segmentation (Product Type Level)

6 Global Augmented Reality Market Segmentation (Industry Level)

7 Global Augmented Reality Market Segmentation (Channel Level)

8 Augmented Reality Market Forecast 2019-2022

9 Augmented Reality Segmentation Type

10 Augmented Reality Segmentation Industry

11 Augmented Reality Cost Analysis

12 Conclusion

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