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Augmented Reality Software Market Analysis, Key Players, Growth And Global Overview 2022 - 2031 | PTC, Inc., Wikitude GmbH, Daqri LLC, Zugara, Inc., Niantic
Augmented Reality Software Market Forecast
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The global augmented reality software market report by the business research company identifies 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 be a major growth driver for the augmented reality software market. 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. Vuforia Chalk and Microsoft Dynamics are some of the augmented reality programs which are used by an employee in the future to retrain or learn a task from the expert's already preserved notes and set of instructions using smartphones, tablets and other devices. AR-based training solutions will help companies to preserve and pass on the required intelligence to the employees faster once the path of recovery begins.
The global augmented reality software market grew from $20.06 billion in 2021 to $31 billion in 2022 at a compound annual growth rate (CAGR) of 54.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The augmented reality software market is expected to grow to $155.74 billion in 2026 at a CAGR of 49.7%.
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Asia Pacifica was the largest region in the augmented reality (AR) services market in 2021. North America was the second largest region in the augmented reality (AR) services market. The regions covered in the augmented reality software market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Major players in the augmented reality software market are PTC, Inc., Wikitude GmbH, Daqri LLC, Zugara, Inc., Niantic, Augmate Corporation, Ubimax GmbH, Upskill, Catchoom Technologies S.L., Aurasma, EON Reality Inc., Hewlett-Packard Development Company. L.P., Zappar Ltd, Immerseport, Infinity Augmented Reality, Inglobe Technologies, Jbknowledge, Inc., Kudan , Magic Leap, Inc., Marxent Labs LLC, Mortar Studios, Amazon Web Services, Inc., Re'flekt GmbH, Scope AR, Viewar GmbH, Wear S.R.L., Atheer, Inc., HP Reveal and Kentico Software.
The global augmented reality software market is segmented -
1) By Software Function: 3D Modelling, Workflow optimization, Visualization, Navigation, Remote collaboration, Documentation, Others
2) By Vertical: Enterprise, Oil and gas, Mining, Telecom, Aerospace and defense, Medical, Others
3) By Deployment: Cloud Based, On-Premise
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The Augmented reality software Market Report Contents Include
1. Executive Summary
2. Augmented Reality Software Market Characteristics
3. Augmented Reality Software Market Trends And Strategies
4. Augmented Reality Software Market - Macro Economic Scenario
5. Augmented Reality Software Market Size And Growth
....
26. Africa Augmented Reality Software Market
27. Augmented Reality Software Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Augmented Reality Software Market
29. Augmented Reality Software Market Future Outlook and Potential Analysis
30. Appendix
This 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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