Mixed Reality Market: Advancement in Virtual Reality is Fueling the Growth Opportunities in the Near Future

𝗨𝗻𝗶𝘁𝗲𝗱 𝗦𝘁𝗮𝘁𝗲𝘀/𝗪𝗔: The global Mixed Reality market is estimated to account for US$ 3387.5 million by 2027

𝐑𝐞𝐩𝐨𝐫𝐭 𝐏𝐚𝐠𝐞𝐬: [130 Pages]

The increasing adoption of MR in the architecture is predominantly augmenting the market growth of the mixed reality. Also, the increasing use of MR devices in the gaming and entertainment industry is contributing to the market growth. Increasing investment by the government on MR devices is again projected to foster the market growth of the mixed reality. For instance, in October 2020, Avataar.me, a 3D and augmented reality (AR) platform, has raised $7 million (Rs 51 crore) in its Series A round of funding from Sequoia Capital India. Furthermore, the increasing use of MR devices in aerospace & defense and the healthcare sector is further projected to accelerate the market growth over the forecast period.

North America is expected to gain significant growth over the forecast period and this is attributed to the strong presence of the IT industry coupled with the continuous launch of new products in the region. For instance, in Feburary 2019, Microsoft's has launched a second-generation mixed-reality headset- the HoloLens 2. Also, increasing the use of mixed reality in the education sector to make things interactive is further projected to foster regional market growth.

𝐌𝐚𝐣𝐨𝐫 𝐊𝐞𝐲 𝐂𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬 𝐈𝐧𝐯𝐨𝐥𝐯𝐢𝐧𝐠 𝐢𝐧 𝐊𝐞𝐲𝐰𝐨𝐫𝐝 𝐌𝐚𝐫𝐤𝐞𝐭:
Microsoft Corporation, Osterhout Design Group, Facebook Inc., Meta Company, Samsung Electronics Co, Ltd., Magic Leap, Inc., HTC Corporation, Canon Inc., Seiko Epson Corporation, Daqri LLC, and Recon Instruments, Inc.

𝗥𝗲𝗾𝘂𝗲𝘀𝘁 𝗮 𝘀𝗮𝗺𝗽𝗹𝗲 𝗣𝗗𝗙 𝗰𝗼𝗽𝘆 𝗼𝗳 𝘁𝗵𝗲 𝗿𝗲𝗽𝗼𝗿𝘁 𝘁𝗼 𝘂𝗻𝗱𝗲𝗿𝘀𝘁𝗮𝗻𝗱 𝘁𝗵𝗲 𝘀𝘁𝗿𝘂𝗰𝘁𝘂𝗿𝗲 𝗼𝗳 𝘁𝗵𝗲 𝗰𝗼𝗺𝗽𝗹𝗲𝘁𝗲 𝗿𝗲𝗽𝗼𝗿𝘁:
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As a feature of cutthroat investigation, the exploration study incorporates comprehensive organization profiling of driving players of the Mixed Reality Market. Each of the fragments examined in the report is dissected dependent on various factors, for example, market offer, income, and CAGR.

𝗞𝗲𝘆 𝗗𝗲𝘃𝗲𝗹𝗼𝗽𝗺𝗲𝗻𝘁𝘀:

In October 2017, Microsoft announced the launch of Microsoft Reactor in San Francisco--the flagship hub for the tech giant's efforts in mixed reality (MR).

In July 2020, Blippar delivered the world’s first product launch event entirely in AR for OnePlus Nord; the latest smartphone from premium technology brand OnePlus.

In July 2020, Reliance Jio launched Jio Glass to strengthen its presence in virtual reality space and capitalize on remote working culture.

In September 2020, RazerCon has launched an all-new, all-streamed mixed-reality product.

In September 2020, The University of Central Missouri has launched the Mixed Reality Studio, part of its Gigabit Lab. The studio aims to advance state-of-the-art technology in virtual reality (VR) and augmented reality (AR) by developing new applications and educating the next generation of researchers, developers, entrepreneurs, and technologists while collaborating with industry.

𝗢𝘂𝗿 𝗥𝗲𝗽𝗼𝗿𝘁 𝗢𝗳𝗳𝗲𝗿𝘀:

Market share assessments for the regional and country-level segments.

Market share analysis of the top industry players.

Strategic recommendations for the new entrants.

Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations).

Strategic recommendations in key business segments based on the market estimations.

Competitive landscaping mapping the key common trends.

Company profiling with detailed strategies, financials, and recent developments.

Supply chain trends map the latest technological advancements.

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