Press release
Augmented Reality Market Trends, Size, Competitive Analysis and Forecast - 2019-2025
Increasing smartphone penetration in developing countries is expected to grow the market over the next few years. In 2018, the number of smartphone users in India exceeded 335 million, and China reached 710 million. With the increasing use of these devices, businesses are encouraging the development of advanced applications for users. For example, in June 2019 Vivo Communication Technology Co. Ltd. announced the launch of a 5G smartphone with a dual-screen display and AR Glass that supports 6DoF (Six Degrees of Freedom) technology. Smartphones include several applications such as mobile office, AR gaming, 3D high-definition video, facial recognition and object recognition. Similarly, in February 2019, Google LLC released the latest version of the AR Core kit for AR applications compatible with Samsung Galaxy S9, OnePlus 3T and Moto G5S Plus devices.
A full report of Augmented Reality Market is available at: https://www.orionmarketreports.com/augmented-reality-ar-market/23051/
Augmented Reality Market: Competitive Players
Key players operating in the AR market include HTC Corporation, Marxent Labs, LLC, Magic Leap, Apple Inc., Wikitude GmbH, Qualcomm, Blippar, Daqri, Facebook Inc., Google Inc., Microsoft Corporation, PTC, Samsun Electronics Co., Ltd., and Upskill. The companies are engaged in providing various hardware components including smart glasses, HMDs, HUDs, and other software services. These companies are increasingly investing in the adoption of the latest technologies to enhance productivity. For instance, in August 2019, Google LLC. introduced Live View, an AR navigation tool. The technology provides walking directions feature for Google Maps by taking real images from smartphones’ camera and superimposing navigation arrows over the top, allowing easier navigation for users.
Augmented Reality Market: Segmentation
By Application
• Consumer
• Enterprise
By Organization Size
• Large Enterprises
• Small- & Medium-sized Enterprises
By Industry Vertical
• Gaming
• Entertainment & Media
• Aerospace & Defense
• Healthcare
• Education
• Manufacturing
• Retail
• Others
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Augmented Reality Market Report
• What was the Augmented Reality Market size in 2018 and 2019; what are the estimated growth trends and market forecast (2019-2025).
• What will be the CAGR of Augmented Reality Market during the forecast period (2019-2025)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2018? How are these segments are expected to grow during the forecast period (2019-2025)?
• Which manufacturer/vendor/players in the Augmented Reality Market was the market leader in 2018?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
Media Contact:
Company Name: Orion Market Reports
Contact Person: Mr. Anurag Tiwari
Email: info@orionmarketreports.com
Contact no: +91 780-304-0404
About Us:
Orion Market Reports (OMR) endeavors to provide exclusive blend of qualitative and quantitative market research reports to clients across the globe. Our organization helps both multinational and domestic enterprises to bolster their business by providing in-depth market insights and most reliable future market trends. Our reports address all the major aspects of the markets providing insights and market outlook to global clients.
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