Global Augmented & Virtual Reality Market Intelligence & Future Trends 2017-2026

Global Augmented & Virtual Reality Market was valued at USD XX Billion in the year 2018. Global Augmented & Virtual Reality Market is further estimated to grow at a CAGR of XX% from 2019 to reach USD XX Billion by the year 2026. North America region holds the highest market share in 2018 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 2018 and it is projected to grow at a steady pace in the coming years.

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 the last few years is also gaining popularity.

Get Free Broucher of this report: https://www.mnemonicsresearch.com/download-brochure/global-augmented-&-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 - 2026. 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 2018-2026. 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.

Interested to get a proposal for this research report @ https://www.mnemonicsresearch.com/submit-rfp/global-augmented-&-virtual-reality-market

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)

Buy Now @ https://www.mnemonicsresearch.com/checkout/15-singleUser

Research Methodology:

Mnemonics Market Research follows in-depth Research Methodology focused on reducing deviation in the collected data. Mnemonics Market Research offers the most precise evaluations and projection for the market numbers. Mnemonics Market Research engages following Market Engineering techniques –

Raw Market Data is collected and compared with the Existing in-house Data on a broad front.
Both Bottom-Up and Top-Down approaches are analyzed for segmenting and estimating measurable aspects of the market.
To avoid bias, we filter the collected data collected from authenticated sources.
Mnemonics Market Research has a well proven Statistical Modeling System for estimates and forecasts.
Further, the report findings are validated with the Industry Expert Panel on face to face or telephonic interviews.
Panelists are approached from Leading Enterprises across the value chain including manufacturers, suppliers, technology providers, domain experts and buyers so as to validate a thorough and balanced market overview.
Detailed customization is also available for you. Further, if the report listed above does not meet your key requirements. Our customized research report will analytically cover the required market information you need which will help you to plan your business decisions.

About Us:

Mnemonics Analytical Center for Research & Consulting is a commercial institute pioneering in market and socio research. We deploy best in class market and social research services plus consultancy programs for the betterment of society by implementing our innovations for the success of an organization. We always measure our success ratio with our client’s success in terms of socioeconomic status.
Mnemonics Analytical Center for Research & Consulting is a global reach market and socio research institute that serves a broad mix of leading and start-ups, private, public and social sector. The services and solutions offered by us help our clients make significant and lasting improvements to their performance and realize their most important goals.

Contact Us:

Mnemonics APAC Research Center,
Paud Road,
Pune – 411038
Call Us
+91 70664 90051
Mail Us
info@mnemonicsresearch.com

This release was published on openPR.