Press release
Extended Reality Market to Witness Growth Acceleration by 2031/ Avegant Corp., Epson, Everysight Ltd., HTC Corp, Kopin Corp, Lumus Ltd., Optinvent, realwear, Inc., Ricoh Company Ltd.
The global Extended reality market is anticipated to grow at a CAGR of 30.1% during the forecast period (2024-2031). Rising Demand for VR Devices for Gaming and Entertainment Applications, VR brings a revolutionary change in gaming industry, VR gaming is one of the most popular applications of XR. VR games allow players to immerse themselves in a virtual world and interact with the environment in a realistic way. Hence, companies are focusing on launching new and better product to capture the market. For instance, In February 2023, Sony Group Corporation launched playstation VR2 and playstation VR2 Sense Controller Charging Station to offer a unique gameplay experience. The PS VR2 features headset feedback, eye tracking, 3D audio, and adaptive triggers and haptic feedback from the PS VR2 Sense controllers.Further, increasing strategic initiatives by the key players and investing activities in another factor driving the growth of the market, for instance, in February 2023, OnePlus partnered with Qualcomm to bring Snapdragon spaces extended reality feature to OnePlus 11 5G and help developers build an easily usable XR ecosystem. This partnership aims to provide users with the digital experience of movies and live concerts and enable them to deliver comprehensive gaming experiences.
Also, in October 2022, Ericsson partnered with the University of Texas (UT) Austin to extend a research partnership to drive 6G-powered XR innovation to deliver users immersive and seamless XR experiences. Ericsson became a Level-1 member of the 6G at UT research facility at UT. With an announced three-year partnership concentrating on XR streaming, sensing, and communication designs, it is elevating its commitment to Level-IV participation.
To Request a Sample of our Report on Extended Reality Market: https://www.omrglobal.com/request-sample/extended-reality-market
Market Coverage
The Market Number Available for - 2023-2031
Base year- 2023
Forecast period- 2024-2031
Segment Covered-
By Type
By Technology
By End User
Regions Covered-
North America
Europe
Asia-Pacific
Rest of the World
Competitive Landscape- includes, Avegant Corp., Epson, Everysight Ltd., HTC Corp, Kopin Corp, Lumus Ltd., Optinvent, realwear, Inc., Ricoh Company Ltd., and others.
Extended reality Market Report Segment
By Type
Hardware
Software
By Technology:
AR Technology
VR Technology
MR Technology
By End user:
Consumer products
Aerospace and defence
Industrial
Healthcare
Other (energy and education)
A full Report of Extended Reality Market is Available @ https://www.omrglobal.com/industry-reports/extended-reality-market
Extended reality Market Report Segment by Region
North America
United States
Canada
Europe
UK
Germany
Spain
France
Italy
Rest of Europe
Asia-Pacific
India
China
Japan
South Korea
Rest of APAC
Rest of the World
Latin America
Middle East and Africa
Company Profiles
Apple Inc.
Avegant Corp.
Everysight Ltd.
HTC Corp.
Lumus Ltd.
Optinvent,
PTC Inc.
Qualcomm Technologies, Inc.
Realwear, Inc.
Ricoh Company Ltd
Samsung Electronics Co., Ltd.
Seiko Epson Corp
Sony Corp
Reasons to buy from us -
We cover more than 15 major industries, further segmented into more than 90 sectors.
More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
Our expert research analysts answer all your questions before and after purchasing your report.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/extended-reality-market
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 7803040404
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
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