Augmented Reality in Retail Market Projection By Key players – Google (US), PTC (US), Apple (US), Microsoft (US), Wikitude (Austria), DAQRI (US), Zugara (US), Blippar (UK), Marxent Labs (US), Augment (France), and ViewAR (Austria). The other players pro

Augmented Reality in Retail Market 2021 - 2028

***Latest Updated Market Research Report

Summary:
The report on the Global Augmented Reality in Retail Market is a meticulous piece of work and is collated by conducting both primary as well as secondary research. The data included in the report has been taken by consulting high-quality whitepapers, case studies, press releases, and by taking inputs from top industry leaders. The uppermost sections of the market have been emphasized. These sections have been exhibited by giving statistics on their existing and prophesied state by the end of the prognosis horizon. These figures help the forthcoming players to estimate the investment scope within the sectors and sub-subdivisions of the Global Market.
Analysis tools such as Porter’s five forces analysis and SWOT analysis have also been utilized for analyzing the market data. The major strategies adopted by the already established players for a better penetration in the Global Market also form a key section of this study. These approaches can be employed by the forthcoming vendors for a better perception in the market. The global market on Augmented Reality in Retail has also been evaluated in terms of revenue. The market dynamics such as market drivers, restraints, prospects, and drifts have been displayed combined with their separate impact analysis. The impact analysis helps in collecting statistics on the future growth prospects of the market.

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The augmented reality in retail market is predicted to be USD 1,155.8 million in 2018 and is projected to succeed in USD 7,951.2 million by 2023, at a CAGR of 47.1% during the forecast period. Increasing online shopping encourages retailers to adopt AR, rising smartphone penetration, and growing adoption of connected devices are the main factors driving the expansion of the augmented reality in retail market. Conventional strategies of advertising and marketing, also as transactional sales, are greatly revolutionized with the addition of innovative technological advancements; together these progressions have uplifted the retail industry. The fierce competition within the retail industry has encouraged retailers to adopt advanced technologies in their space. Consumer engagement through online and offline modes is that the best strategy adopted to sustain and grow within the retail industry.
This report discusses the drivers, restraints, opportunities, and challenges pertaining to the AR in retail market. In addition, it analyzes the current market scenario and forecasts the market size till 2023. Major players in the augmented reality in retail market are Google (US), PTC (US), Apple (US), Microsoft (US), Wikitude (Austria), DAQRI (US), Zugara (US), Blippar (UK), Marxent Labs (US), Augment (France), and ViewAR (Austria). The other players profiled in the report include Holition (UK), Ikea (Netherlands), Sephora (France), Amazon (US), Imaginate Technologies (India), Kudan (UK), Total Immersion (France), and INDE (UK). The start-up ecosystem includes Ads Reality (UK), XZIMG (China), VisionStar Information Technology (China), Zappar (UK), and Obsess (US).

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Table Of Content:
1 Report Overview
2 Global Growth Trends
3 Competition Landscape by Key Players
4 Market Size by Type (2021-2028)
5 Market Size by Application (2021-2028)
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13 Key Players Profiles
14 Analyst's Viewpoints/Conclusions
15 Appendix
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Major Highlights of the Augmented Reality in Retail Market Report:
• The Augmented Reality in Retail Market analysis report offers an in-depth study of the potential market growth opportunities and challenges.
• The report dives deeper into the market and explains the dynamic factors bolstering market growth.
• The report deeply assesses the current, historical market size, market share, and revenue growth rates to offer accurate market projections for the forecast period.
• The report analyzes the Augmented Reality in Retail Market presence across major regions of the world.
• It determines the production & consumption capacities and demand & supply dynamics of each regional market.
• The report further illustrates the intense competition among the key market players and highlights their effective business expansion plans and strategies.
• It provides company overview and SWOT analysis of each of the market players.

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