Press release
Augmented Reality and Virtual Reality Market Size, Share: Emerging Technologies, Sales Revenue, Key Players Analysis, Development
The Augmented Reality and Virtual Reality Market Forecast to 2028 - COVID-19 Impact and Global Analysis - by Technology, Component, and End-User Industry," the market is expected to grow from US$ 27.96 billion in 2021 to US$ 252.16 billion by 2028; it is estimated to grow at a CAGR of 36.9% during 2021-2028. This evolution in the network security firewall has been majorly attributed by the dynamic growth in the IT industry resulting in the growth of disruptive and connected technologies such as IoT. Owing to these, transformations have paved the way for heinous and malicious practices resulting in data and revenue loss for various organizations.You Can Get a Sample Copy of This Report @ https://www.theinsightpartners.com/sample/TIPTE100000114/?utm_source=openPR&utm_medium=10642
The Key Players in The Global Market Are:
Immersive Gaze
Google LLC
EON Reality
Vuzix Corporation
Blippar Group Limited (Layar B V)
Innovega Inc.
Simulanis Solutions Private Limited
Kanda ApS
YeppAR
Zugara, In
Based on technology, the augmented reality and virtual reality market is bifurcated into augmented reality and virtual reality. In 2021, the augmented reality segment led the augmented reality and virtual reality market. Based on component, the augmented reality and virtual reality market is segmented into semiconductor components, sensors, and others. In 2021, the semiconductor components segment accounted for the largest market share. Based on the end-user industry, the augmented reality and virtual reality market is segmented into entertainment, educational, industrial, medical, real estate & architecture, retail, aerospace & defense, and others. In 2021, the entertainment segment accounted for the largest market share. By geography, the augmented reality and virtual reality market is segmented into North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South America (SAM). In 2021, North America accounted for the largest share in the augmented reality and virtual reality market.
Have Question? Speak to Analyst at: https://www.theinsightpartners.com/speak-to-analyst/TIPTE100000114?utm_source=openPR&utm_medium=10642
The report segments the global Market as follows:
By Technology (Augmented Reality and Virtual Reality),
By Component (Semiconductor Components, Sensors, and Others), and
By End-User Industry (Entertainment, Educational, Industrial, Medical, Real Estate & Architecture, Retail, Aerospace & Defense, and Others)
The retail sector has adopted the VR and AR technologies much before the onset of the COVID-19 pandemic. According to IBM's 2020 (US) Retail Index report, the pandemic expedited the shift to digital purchasing by five years. The popularity of virtual "try-before-you-buy" experiences-ranging from previewing furniture and products with daily brands such as IKEA and Home Depot to digitally trying on luxury fashion clothing of brands such as Louis Vuitton and Gucci-has increased significantly. Similarly, GLAMlab's Ulta's virtual try-on beauty tool is being highly adopted by people during the COVID-19 pandemic.
In addition, when jewelry manufacturer Kendra Scott's stores were temporarily closed, the company implemented an AR application that let buyers visually try on earrings comfortably from their homes. Thus, a rise in the adoption of AR by customers and increased investments by retailers in this technology during the pandemic favored the augmented reality and virtual reality market growth.
Purchase a copy of Augmented Reality and Virtual Reality Market research report @ https://www.theinsightpartners.com/buy/TIPTE100000114/?utm_source=openPR&utm_medium=10642
Answers that the report acknowledges:
Market size and growth rate during forecast period.
Key factors driving the Market.
Key market trends cracking up the growth of the Market
Challenges to market growth.
Key vendors of Augmented Reality and Virtual Reality Market
Detailed SWOT analysis.
Opportunities and threats face by the existing vendors in Global Market
Trending factors influencing the market in the geographical regions.
Strategic initiatives focusing the leading vendors.
PEST analysis of the market in the five major region
Contact Us:
If you have any queries pertaining to the report or would like further information, feel free to reach out to us at-
Contact Person: Sameer Joshi
E-mail: sales@theinsightpartners.com
Phone: +1-646-491-9876
ABOUT US:
The Insight Partners is a one stop industry research provider of actionable solutions. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are specialist in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.
Our research model is very simple. We believe in client servicing and delivering best quality to our customers. Through our research content, we are making sure that our customers get value of their money along with better quality data and analysis.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Augmented Reality and Virtual Reality Market Size, Share: Emerging Technologies, Sales Revenue, Key Players Analysis, Development here
News-ID: 2922904 • Views: …
More Releases from The Insight Partners
Green Building Materials Market Forecast 2031: Valued at US$ 791.93 Billion, Gro …
The Green Building Materials Market size is expected to reach US$ 791.93 billion by 2031. The market is anticipated to register a CAGR of 10.4% during 2025-2031.
Global Green Building Materials Market 2031 Report give our customers an exhaustive and top to bottom examination of Green Building Materials Market alongside its key factors, for example, market diagram and rundown, pieces of the pie, restrictions, drivers, local examination, players, serious elements, division,…
Text Analytics Market Growth Forecast: Valued at US$ 29.53 Billion by 2031
The Text Analytics Market is evolving rapidly, fueled by breakthroughs in artificial intelligence, natural language processing, and the exploding volume of unstructured data from social media, customer feedback, and enterprise communications. Businesses worldwide are turning to text analytics solutions to unlock hidden insights, enhance customer experiences, and drive data-informed strategies. As organizations navigate complex data landscapes, text analytics stands out as a critical tool for competitive advantage.
Download PDF: -https://www.theinsightpartners.com/sample/TIPTE100000198?utm_source=Openpr&utm_medium=10413
In today's…
Genome Editing Market: Trends, Opportunities, and Future Outlook
The genome editing market has emerged as one of the most dynamic and transformative sectors in biotechnology, driven by advancements in genetic engineering technologies and increasing applications across various fields. As of 2024, the market is witnessing significant growth, fueled by the rising demand for personalized medicine, agricultural innovations, and therapeutic solutions. This article explores the current trends, opportunities, and future outlook of the genome editing market.
Get the sample request…
Transdermal Drug Delivery System Market to Reach US$ 51,949.74 Million by 2030
The Transdermal Drug Delivery System Market is entering a new era of growth, driven by rising demand for non-invasive drug administration, patient-friendly therapies, and technological innovation. According to industry analysis, the market size is expected to grow from US$ 37,230.28 million in 2022 to US$ 51,949.74 million by 2030, recording a CAGR of 4.3% during 2022-2030. This trajectory highlights the increasing adoption of transdermal patches, gels, sprays, and other advanced…
More Releases for Real
The Blue Collar Trades Show Podcast Launches: Real Talk, Real Work and Real Peop …
Authentic conversations with tradespeople, business owners, and veterans sharing real lessons from real work.
The Blue Collar Trades Show [https://www.youtube.com/watch?v=YWKOduRZys8] is officially here and it's not your typical business podcast. Built on hard work, honesty, and just enough controlled chaos to keep things interesting, the show delivers unfiltered conversations about careers, businesses, and life in the trades. Each episode is designed to feel more like a conversation at the job site…
Woodgate Pellets: Where Real Smoke Meets Real Flavor
At Woodgate Pellets, we believe great barbecue starts long before the fire is lit. It starts at the source of the wood, the care taken in processing it, and the respect for flavor that only true pitmasters understand.
That's why Woodgate Pellets produces 100% pure fruitwood smoking pellets, crafted with one goal in mind: unmatched flavor.
From Orchard to Smoker
Our pellets are made entirely from reclaimed fruit trees most notably cherry-wood sourced…
Why MCS Gearup Is Redefining Tactical Gear Shopping: Real Service, Real Quality, …
Florida, US, 27th July 2025, ZEX PR WIRE, In a market saturated with high prices, overseas knockoffs, and poor customer service, MCS Gearup is carving a new path that puts authenticity, affordability, and American-made quality back at the center of the tactical gear experience. Based in Bonita Springs, Florida, MCS Gearup is an e-commerce store selling tactical equipment. It's a company on a mission to redefine serving customers in this…
BrainManager.io Reviews: Real Results from Real Users
Unlock your mental potential with BrainManager.io-real users share real results from IQ, focus, and burnout tests that deliver clear, science-backed insights.
Image: https://www.abnewswire.com/upload/2025/06/2ee8c5efc51e4ac4de6121e1ac816652.jpg
Understanding how your brain works can be essential for personal and professional development in an increasingly fast-paced and technologically linked environment. Whether you want to increase productivity, improve attention, or just discover more about your cognitive abilities, BrainManager.io is developing as a go-to option for anyone trying to take…
Real Playlists Review 2024: Is Real Playlists Legit?
Discover if Real Playlists is legit in 2024. Learn about their Spotify playlist services, genuine listener engagement, success stories, and how they help artists grow organically.
In the competitive music industry, Spotify playlist placement can make or break an artist's career. Real Playlists, a platform dedicated to helping artists gain exposure through curated Spotify playlists, has gained attention for its claims of authentic, organic growth. But is Real Playlists a legitimate…
Real Time Bookkeeping Changes to Cloud9 Real Time
SAN DIEGO, CA - Real Time Bookkeeping (RTB) is a licensed Commercial Host by Intuit and an accredited Managed Service Provider by MSP Alliance. The industry changer is revealing just how far they have come in a recent move to the name Cloud9 Real Time. “Our organization is excited about the change. We have grown over 500% in just under 18 months and the name change is part of the…
