(2020-2030) Augmented Reality Software Market Size, Industry Growth Insights, Emerging Trends With Top Players PTC Inc., Wikitude GmbH, Daqri LLC, Zugara Inc., Niantic

The Business Research Company offers "Augmented Reality Software Market Global Report 2020-30: COVID-19 Growth And Change" in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market’s historic and forecast growth, and highlights important trends and strategies that players in the market can adopt.

The global augmented reality software market is expected to grow from $8.81 billion in 2019 and to $12.62 billion in 2020 at a compound annual growth rate (CAGR) of 43.19%. The market is experiencing growth due to an increase in the demand for augmented reality across segments such as gaming, training and education, and marketing. The market is then expected to reach $57.92 billion in 2023 at a CAGR of 66.19%.

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The augmented reality software market consists of sales of augmented reality software which is the integration of the user`s existing real environment with digital information. The revenue generated by this market consists of sales of software whose functions include 3D modeling, workflow optimization, visualization, navigation, remote collaboration, documentation and others. The companies involved in the development of the augmented reality software are primarily engaged in designing, development and sales of this software which is used by various end-users including medical, aerospace & defense, and oil and gas industries among others.

The steps for recovery from COVID-19 and future productivity in the economy will need augmented reality to adjust to the new normal, contributing to the market growth during the forecast period. Many companies are facing an incredible loss of human experience and intelligence due to the COVID-19 pandemic. Many businesses are just focusing on preserving the intelligence and surviving this crisis rather than investments and augmented reality might be much cheaper than expected. For example, PTC, during this COVID-19 crisis, made available Vuforia Chalk for companies letting them to start adapting to AR for the COVID-19 recovery.

Augmented Reality Software Market Segmentation: -
By Software Function
3D Modelling
Workflow optimization
Visualization
Navigation
Remote collaboration
Documentation
Others

By Vertical
Oil and gas
Mining
Telecom
Aerospace and defense
Medical
Others

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Few Points From Table Of Content
1. Executive Summary
2. Augmented Reality Software Market Characteristics
3. Augmented Reality Software Market Size And Growth
4. Augmented Reality Software Market Segmentation
5. Augmented Reality Software Market Regional And Country Analysis
……
25. Augmented Reality Software Market Competitive Landscape And Company Profiles
26. Key Mergers And Acquisitions In The Augmented Reality Software Market
27. Augmented Reality Software Market Trends And Strategies
28. Augmented Reality Software Market Future Outlook and Potential Analysis
29. Appendix

The report covers the trends and market dynamics of the Augmented Reality Software Market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.

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Some of the key players involved in the Augmented Reality Software Market are PTC, Inc., Wikitude GmbH, Daqri LLC, Zugara, Inc., Niantic.

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