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Augmented Reality Software Market 2023-2032: Latest Trends, Recent Developments, Growth Strategy And Major Players | PTC, Inc., Wikitude GmbH, Daqri LLC., Zugara, Inc., Niantic
Augmented Reality Software Market
The Business Research Company's Augmented Reality Software Global Market Report 2023 identifies steps for recovery from COVID-19 as the major driver for the Augmented Reality Software Market's growth in the forecast period. 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.
The global augmented reality software market size will grow from $31 billion in 2022 to $47.88 billion in 2023 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, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global augmented reality software is expected to grow to $213.53 billion in 2027 at a CAGR of 45.3%.
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Major competitors 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.
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The Augmented Reality Software Market is segmented -
By Software Function: 3D Modelling, Workflow optimization, Visualization, Navigation, Remote collaboration, Documentation, Other Software Functions
By Vertical: Enterprise, Oil and gas, Mining, Telecom, Aerospace and defense, Medical, Other Verticals
By Deployment: Cloud Based, On-Premise
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Augmented Reality Software Market.
The Business Research Company's "Global Augmented Reality Software Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Augmented Reality Software Market 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
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