Press release
AR/VR Chip Market Growth, Trends, Size, Share, Forecast to 2033
AR/VR Chip Market
Growth Propelled by Technological Advances in AR/VR Applications and High Adoption of Mobile Devices
What Is The Projected Market Size Of The Global AR/VR Chip Market And Its Growth Rate?
The global AR/VR chip market has witnessed significant growth in recent years:
• The market size was $3.96 billion in 2024 and is expected to grow to $4.82 billion in 2025 at a CAGR of 21.9%.
• This growth can be attributed to the proliferation of augmented reality (AR) and virtual reality (VR) applications, advances in graphics processing unit (GPU) technologies, growth in gaming and entertainment industries, increased adoption of AR/VR in healthcare and education, and demand for high-performance computing in AR/VR devices.
• The market size is forecasted to reach $10.1 billion in 2029 at a CAGR of 20.3%.
• Growth in the forecast period will be driven by the expansion of augmented reality glasses and headsets, integration of AR/VR in enterprise and industrial applications, adoption of 5g technology for enhanced AR/VR experiences, increased demand for compact and power-efficient AR/VR chips, and growth in extended reality (XR) and mixed reality (MR) applications.
What Is Driving The Growth In The AR/VR Chip Market?
The AR/VR chip market is being driven significantly by the high adoption of mobile devices. The increase in mobile device usage, due to advancements in data storage, computing, and display technology, is aiding in the expansion of the AR/VR chip market. Mobile devices, especially smartphones embedded with AR/VR chips, provide a highly interactive and immersive gaming experience. For instance, a US-based software company, G2.Com Inc., found that smartphones drove 59% of web traffic in 2022 and accounted for 70% of all digital media usage in the U.S. Hence, the high adoption of mobile devices is pushing the growth of the AR/VR chip market forward.
Request A Free Sample Copy: https://www.thebusinessresearchcompany.com/sample.aspx?id=7734&type=smp
Who Are the Key Players Driving AR/VR Chip Market Growth?
The key players in the AR/VR chip market include:
• Nvidia Corporation
• Imagination Technologies Limited
• MediaTek Inc
• Intel Corporation
• Spectra7 Microsystems Inc
• Advanced Microdevices Inc
• International Business Machine Corporation
• Samsung Electronics Co Ltd
• Huawei Technologies Co. ltd.
What Are The Key Trends In The AR/VR Chip Market?
Key trends in the AR/VR chip market include:
• Development of AI-powered AR/VR experiences
• Use of edge computing for real-time AR/VR processing
• Integration of AR/VR chips in smart glasses and wearables
• Emphasis on haptic feedback and sensory integration in AR/VR devices
What Are The Segments Of The Global AR/VR Chip Market?
The global AR/VR chip market is divided into:
• By Chip Type: Processor ICs, User Interface ICs, Power Management ICs
• By Device Type: Head Mounted Display, Gesture Tracking Device, Projector and Display Wall, Head Up Display, Handheld Device
• By End User: Gaming, Entertainment and Media, Aerospace and Defense, Healthcare, Other End Users
Which Region Leads The AR/VR Chip Market?
Asia-Pacific was the largest region in the AR/VR chip market in 2024, closely followed by North America. The report covers the AR/VR chip markets in Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Prebook the Report for Swift Delivery: Here: https://www.thebusinessresearchcompany.com/report/ar-or-vr-chip-global-market-report
What Is Covered In The AR/VR Chip Market Global Market Report?
- Market Size Analysis: Analyze the AR/VR Chip Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the AR/VR Chip Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall AR/VR Chip Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the AR/VR Chip Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
Request Customisation for This Report Here: https://www.thebusinessresearchcompany.com/Customise?id=7734&type=smp
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ "
About The Business Research Company
Learn more about The Business Research Company. With over 15,000+ reports from 27 industries across 60+ geographies, The Business Research Company has earned a reputation for providing comprehensive, data-rich research and insights. Backed by 1,500,000 datasets, in-depth secondary research, and unique industry leader insights, we can help you stay ahead. Our flagship product, the Global Market Model offers a premier market intelligence platform delivering comprehensive and up-to-date forecasts to support informed decision-making.
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 AR/VR Chip Market Growth, Trends, Size, Share, Forecast to 2033 here
News-ID: 3811508 • Views: …
More Releases from The Business research compa
Biologics Outsourcing Market Is Likely To See A Massive Surge In Demand And Grow …
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032
The Business Research Company's Biologics Outsourcing Global Market Report 2023 identifies rising number of cancer cases is expected to propel the growth of the biologics outsourcing market. Biologics outsourcing plays a significant role in cancer cases by providing specialized expertise, resources, and infrastructure for the development, manufacturing,…
Trailer Market 2023 - Size. Share, Segments, Data, Growth, And Forecast
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032
The Business Research Company's Trailer Global Market Report 2023 identifies global population is growing and is expected to reach about 10 billion by 2050, indirectly driving the trailer market. An increase in the population creates more demand for food, automobiles, infrastructure, and transportation.
The global trailer market size…
More Releases for AR/VR
Mobile Devices Powering The Future Of AR/VR Chip Market: An Emerging Driver Tran …
The AR/VR Chip Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Projected Growth of the AR/VR Chip Market?
The size of the AR/VR chip market has seen significant expansion in recent times, with projections estimating a rise from $3.96 billion in 2024 to…
AR & VR in Healthcare Market - Forecasts to 2027
According to a new market research report published by Global Market Estimates, the Global Augmented and Virtual Reality in Healthcare Market is projected to grow at a CAGR value of 38.5% from 2022 to 2027. Some of the fundamental factors expected to boost the growth and adoption of augmented reality (AR) and virtual reality (VR) technologies in the healthcare industry include technological breakthroughs and digitalization in healthcare, favorable government proposals,…
AR/VR in Cosmetic & Beauty Market
According to a new market research report published by Global Market Estimates, the Global Augmented & Virtual Reality in Cosmetic & Beauty Market will grow at a CAGR value of 25.5% during the forecast period of 2022 to 2027.
ModiFace (Loreal), Skinjay, Tarte Cosmetics, Aveda, Allure, Marianna Naturals, Decorte, Sephora, Estee Lauder, Lizzie Para (BLP) Beauty, among others are the key players in the augmented & virtual reality in cosmetic…
Healthcare AR VR Market 2021 | Detailed Report
Healthcare AR VR Market Forecasts report provided to identify significant trends, drivers, influence factors in global and regions, agreements, new product launches and acquisitions, Analysis, market drivers, opportunities and challenges, risks in the market, cost and forecasts to 2027.
Get Free Sample PDF (including full TOC, Tables and Figures) of Healthcare AR VR Market @ https://www.reportsnreports.com/contacts/requestsample.aspx?name=4948569
The report provides a comprehensive analysis of company profiles listed below:
- SAMSUNG
- MICROSOFT
- GOOGLE
- FaceBook
-…
Automotive AR and VR Market Research & Outlook 2020
Impact Analysis of Coronavirus Disease (Covid-19) on Automotive AR and VR Market
Facto Market Insights published a title on “Automotive AR and VR Market – 2020-2025”, to its collection. The study on the automotive AR and VR market defines the analysis of all the segments, along with the market sizing, year-over-year growth analysis and structure of the industry. The research report also includes the analysis of geographical manufacturers & new market…
Display Trends of AR and VR Display
The AR and VR display market is expected to grow from USD 1.6 billion in 2019 to USD 4.4 billion by 2024, at a CAGR of 21.8% during the forecast period. Increasing adoption of AR and VR devices in various applications, increasing demand for OLED in AR and VR devices, rising technological advancement and growing use of microdisplays in AR and VR devices are the major factors fueling the growth…
