AR/VR Chip Market Will Accelerate Rapidly with Excellent CAGR of 23.3% in the forecast period of 2019-2028 | MEDIATEK Inc., Intel Corporation, Spectra 7, Advanced Microdevices

The global AR/VR chip Industry was valued at $1.38 billion in 2018, and is projected to reach $7.76 billion by 2028, registering a CAGR of 23.3% from 2019 to 2028. The ongoing virtual reality, augmented reality, and mixed-reality revolution demonstrates the power and potential of immersion in specialty systems and use cases. Challenges such as battery life, computer vision, and pixel density beyond 4K must be addressed for successful AR and VR experiences. All this computation must also be performed within a fixed 2-watt to 3-watt thermal budget, pushing the boundaries of what’s possible with ever-smaller devices.

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The major manufacturers covered in this report:

• Qualcomm Technologies Inc.
• NVIDIA Corporation
• Imagination Technologies Limited
• MEDIATEK Inc.
• Intel Corporation
• Spectra 7
• Advanced Microdevices Inc
• International Business Machine Corporation
• Samsung Electronics Co. Ltd
• Huawei Technologies Co. ltd.

Scope of the Report

The research on the AR/VR Chip market concentrates on extracting valuable data on swelling investment pockets, significant growth opportunities, and major market vendors to help understand business owners what their competitors are doing best to stay ahead in the competition. The research also segments the AR/VR Chip market on the basis of end user, product type, application, and demography for the forecast period.

By Chip Type
• Processor ICs
• User Interface ICs
• Power Management ICs

By Device Type
• Head Mounted Display
• Head up Display
• Handheld Device
• Gesture Tracking Device
• Projector & Display Wall

By End user
• Gaming
• Entertainment & Media
• Aerospace & Defense
• Healthcare
• Others

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For more clarity on the real potential of the AR/VR Chip market for the forecast period, the study provides vital intelligence on major opportunities, threats, and challenges posed by the industry. Additionally, a strong emphasis is laid on the weaknesses and strengths of a few prominent players operating in the same market.

Geographically, this report focuses on product sales, value, market share, and growth opportunity in key regions such as United States, Europe, China, Japan, Southeast Asia, and India.

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The research provides answers to the following key questions:
1. What is the estimated growth rate of the market for the forecast period? What will be the market size during the estimated period?
2. What are the key driving forces responsible for shaping the fate of the AR/VR Chip market during the forecast period?
3. Who are the major market vendors and what are the winning strategies that have helped them occupy a strong foothold in the AR/VR Chip market?
4. What are the prominent market trends influencing the development of the AR/VR Chip market across different regions?
5. What are the major threats and challenges likely to act as a barrier in the growth of the AR/VR Chip market?
6. What are the major opportunities the market leaders can rely on to gain success and profitability?

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This release was published on openPR.