Augmented Reality for Advertising Market May See a Big Move | Wikitude, Blippar, Aurasma

Latest Study on Industrial Growth of Global Augmented Reality for Advertising Market 2022-2028. A detailed study accumulated to offer Latest insights about acute features of the Augmented Reality for Advertising market. The report contains different market predictions related to revenue size, production, CAGR, Consumption, gross margin, price, and other substantial factors. While emphasizing the key driving and restraining forces for this market, the report also offers a complete study of the future trends and developments of the market. It also examines the role of the leading market players involved in the industry including their corporate overview, financial summary and SWOT analysis.

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Some of the key players profiled in the study are:
Augmented Pixels (United States), Wikitude (United States), Blippar (United Kingdom), Aurasma (United Kingdom), Catchoom (Spain), BBDO (United States), McCANN (United States), PTC (United States), Google (United States), Metaio (Germany), NGRAIN Corporation (Canada), Leo Burnett (Caracas).

Scope of the Report of Augmented Reality for Advertising
Augmented Reality (AR) offers commercial value that goes far beyond the gadgets and game applications that originally made it popular. This fact is gaining recognition in many sectors, including B2B and B2C trading, where experiments with developing mobile AR apps for marketing and advertising are getting a lot of attention. According to IDC forecasts for 2019, global AR / VR spending should reach USD 160 billion by 2023, with a five-year CAGR of over 78%. When an emerging technology starts, it usually doesn't take long for commercial and industrial beneficiaries to start planning implementation, and AR is no exception. Augmented reality advertising is immersive, which means that it helps marketers create a certain emotional connection with customers. Unlike the images and banners, the AR advertisements are very interactive as well as lifelike wherein the consumers can easily see them and also interact with them. Nowadays, consumers are so used to a large amount of advertising information that they mostly do not react to it. The strategy of pushing a person to buy is fading. In contrast to conventional display ads, native advertising works excellently and arouses a natural interest in the product.

The titled segments and sub-section of the market are illuminated below:
by Type (Software, Services), Application (Media & Entertainment, Automobile, Customer Service, Retail), Organization Size (SMEs, Large enterprises), Technology (Monitor-Based Technology, Mobile Augmented Reality, Near-Eye-Based Technology), Device Used (Sensor, Displays & Projectors, Cameras)

Market Drivers:
Increasing Focus on Integrating Advanced Technologies
Increasing Adoption of the Mobile AR Platform
Enhances the Advertising Experience for Consumers

Market Trends:
Increased Popularity and Penetration of the AR Technology in Smartphones and Tablets
Increasing Number of Startups

Opportunities:
The Rising R&D Activities in Augmented Reality in Advertising Are Expected To Gain Momentum
Growing Consumer and Commercial Markets with Increasing Investments
Rising Technological Innovations Related To High-End Products with Enhanced Features Are Expected To Offer Abundant Opportunities

Challenges:
Challenges of Integration

Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa

Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.

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Strategic Points Covered in Table of Content of Global Augmented Reality for Advertising Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Augmented Reality for Advertising market
Chapter 2: Exclusive Summary - the basic information of the Augmented Reality for Advertising Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Augmented Reality for Advertising
Chapter 4: Presenting the Augmented Reality for Advertising Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region/Country 2015-2020
Chapter 6: Evaluating the leading manufacturers of the Augmented Reality for Advertising market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions (2021-2027)
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source

finally, Augmented Reality for Advertising Market is a valuable source of guidance for individuals and companies.

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