Press release
UAE Augmented and Virtual Reality Market (2017-2023)
Burgeoning gaming industry, increasing penetration of online games, FDI in retail and commercial sectors along with surge in penetration of AR and VR technology in the automotive industry especially for research and development applications are few key factors which have fueled the growth of UAE augmented and virtual reality market.UAE market is projected to record sound growth over the next 10 years on the back of progressive acceptance of AR and VR technology in retail and commercial sectors.According to 6Wresearch, UAE Augmented and Virtual Reality market is expected to grow at a CAGR of 55% during 2017-23.
In UAE augmented and virtual reality market, head mounted display accounted for majority of the share on the back of growing demand in the gaming industry. UAE gaming industry registered around 16 times growth over the last 10 years and is expected to grow at a steady rate in future as well, resulting in inclined demand for head mounted displays during the forecast period.
Download Sample Pages @ https://tinyurl.com/yd3km7vr
According to Prijo Samuel, Assistant Research Manager, Research and Consulting, 6Wresearch, “Augmented reality segment captured major revenue share of the market; growing demand for augmented reality based mobile games & apps and declining prices of augmented reality systems posted healthy growth in augmented reality market in the country.”
“Moreover, mobile augmented reality based apps are aiding enterprises to enhance their current procedures and to improve their customer interaction process resulting in further growth in demand for augmented reality market in UAE,” Samuel further added.According to Shefali Goel, Senior Research Analyst, Research and Consulting, 6Wresearch, “In UAE, the Northern region accounted for major share of the augmented and virtual reality market backed by rising infrastructural development projects, especially in the commercial and automotive industrial sectors.”“Further, entertainment application accounted for highest revenue share followed by commercial application and others. Over the next six years, automotive application is forecast to grow at a higher CAGR,” Shefali concluded.Some of the major companies in UAE augmented and virtual reality market include- Oculus VR, LLC (U.S.), Sony Corporation (Japan), HTC Corporation (Taiwan), Samsung Electronics Co., Ltd. (South Korea), EON Reality Inc. (U.S.), Google Inc. (U.S.), Microsoft Corporation (U.S.), and Sixense Entertainment, Inc. (U.S.).
“UAE Augmented and virtual reality Market (2017-2023)” provides in-depth analysis with 26 figures covered in more than 65 pages. The report estimates and forecast the overall UAE Augmented and virtual reality market revenues By Type, Regions and Applications. The report also offer insights on competitive landscape, market share by companies, companies benchmarking, company profiles as well as market drivers and restraints.
For more details visit : https://www.6wresearch.com/market-reports/uae-augmented-and-virtual-reality-market-2017-2023-forecast-by-type-verticals-regions-competitive-landscape.html
ABOUT US
6Wresearch is the premier, one-stop market intelligence and advisory center, known for its best in class business research and consulting activity. We provide industry research reports and consulting service across different industries and geographies which provide industry players an in-depth coverage and help them in decision making before investing or enter into particular geography.
Contact Us:
Visit our Website: http://www.6wresearch.com
Email: sales@6wresearch.com
Phone: +911143024305
Contact Us:
Visit our Website: http://www.6wresearch.com
Email: sales@6wresearch.com
Phone: +911143024305
1107-1108, PEARLS BEST HEIGHTS
TOWER 1, NETAJI SUBHASH PLACE
PITAMPURA,
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 UAE Augmented and Virtual Reality Market (2017-2023) here
News-ID: 1658667 • Views: …
More Releases from 6Wresearch - Market Intelligence Solutions

6Wresearch Estimates 10.25% Decline in India Air Conditioner Market for 2025
6Wresearch is a leading market intelligence and advisory firm, today declared an updated estimation for the Indian residential air conditioner (AC) Market, which forecasts a decline of 10.25% year-on-year in total sales for 2025.
This forecast shows challenging market conditions during the second half of the year, following an early and widespread monsoon season, that has fundamentally disrupted the domestic AC industry by shortening the critical peak sales period (April and…

Philippines Data Center Market (2023-2029) | 6Wresearch
Philippines Data Center Market Overview
The Philippines Data Center Market witnessed moderate growth in 2018-19, driven by various projects such as the VITRO Paranaque and the upgrade of VITRO Pasig. In addition, government initiatives such as the launch of the Integrated Government Philippines (iGovPhil) Phase III program in 2018 and the establishment of the Data Center Incubation Program in the same year to support new data center companies in the country,…

Tanzania Gaming Market (2023-2029) | Growth, Industry, Share & 6Wresearch
Tanzania Gaming Market Overview
Tanzania Gaming Market grew significantly before the COVID-19 pandemic on account of increasing sports betting stations, mobile money subscriptions, and internet users in the country. In 2020, due to the COVID-19 pandemic, the gaming market negatively impacted retail sports betting due to the closure of public places in the country. However, the retail market recovered with ease of restrictions. Further, the evolution of smartphones and high internet…

India Cookware And Serveware Market (2021-2027) | Size, Industry, Trends & Growt …
India Cookware and Serveware Market Overview
The India Cookware and Serveware Market witnessed moderate growth during the period 2017-2020 underpinned by rapid growth in population and rising urbanization in the country. The government of India has placed a strong emphasis on the availability of LPG gas in every household in the country, henceforth driving the growth of cookware market in the country. However, the covid-19 pandemic brought slower growth in market…
More Releases for UAE
Ashish Jain, a Renowned Fund Manager Expands into UAE Real Estate in UAE
Dubai - Ashish Jain, a world-renowned fund manager and CEO of Fortune Capital, Fortune Wealth, and the newly launched Alieus Hedge Fund, is stepping into the UAE real estate market as part of his latest strategic expansion. This move marks Jain's entry into the thriving property market, further cementing his reputation as a leader in global finance and innovation.
Image: https://www.getnews.info/uploads/9b42e4a62bfaef7aaf02043c03240d75.jpg
A Visionary Leader in Finance
With over 15 years of experience in…
Fitness Equipment Market UAE | UAE Fitness Market Revenue | Member Penetration U …
The fitness services means any service treatment, diagnosis, advice or instruction concerning to the physical fitness, comprising but not restricted to diet, body building, cardio-vascular fitness, or physical training programs and which you function as or on behalf of the named insured. The fitness services market is commonly propelled by the increasing concerns over the healthy lifestyles around the populace throughout the UAE. Growing health awareness concerning the advantages of…
UAE Fitness Services Market, UAE Fitness Services Industry, Covid-19 Impact UAE …
A strong growth has been witnessed with a considerable expansion in the number of boutique and budget fitness centers directly contributing to the economy.
High Obese and Obesity Rate: Increase in membership rate in UAE fitness centers due to the prevalence of high obese population and obesity rate (Adult obesity in the UAE stood at 27.8% in 2019) has positively affected the market.
Growth of Ladies Fitness Center: Opening up…
wifi solution in uae
Welcome to MAK, Wifi solutions provider in UAE. We bring everything that you would expect from an internet service provider – a highly professional installation and setup, high internet speed, a reliable network, great technical support and customer service to create a remarkable experience for the users, thereby remaining the most trusted WiFi Solutions provider in Dubai and across UAE.
Designing Efficient and Cost Effective Home Wifi Networks
Keep the connections to…
UAE Nuclear Power Sector UAE Nuclear Power Sales Report
For Report Sample Contact: neeraj@kuickresearch.com or +91-11-47067990
Report Table of Contents
1. UAE Power Sector Scenario
1.1 Existing Power Generation Outlook
1.2 Current & Projected Power Demand
2. Why UAE Energy Policy beyond Oil & Gas?
3. UAE Nuclear Power Sector Overview
3.1 UAE Entering into Nuclear Power Sector
3.2 Nuclear Policy Overview
4. UAE Nuclear Power Sector Dynamics
4.1 Favorable Parameters
4.2 Nuclear Power Sector…
UAE Power Sector Analysis
UAE is a rapidly growing economy whose electricity sector needs are anticipated to increase upto 50% in order to meet its growing demand for power, by the year 2020. UAE also has one of the highest levels of per capita power consumption across the globe. The electricity consumption in the UAE region is slated to cross 100 TWh by 2012, putting pressure on the supply side. In fact, the power…