Augmented Reality and Virtual Reality Market is bound to Exhibit Comprehensive Growth by Top Global Leader- Google, Microsoft, Oculus VR (Facebook), Sony, Samsung Electronics, HTC and Others
Worldwide Augmented Reality and Virtual Reality Market Analysis to 2023 is a specialized and in-depth study of the Augmented Reality and Virtual Reality industry with a focus on the global market trend. The report aims to provide an overview of global Augmented Reality and Virtual Reality market with detailed market segmentation by product/application and geography. The global Augmented Reality and Virtual Reality market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the Augmented Reality and Virtual Reality players and offers key trends and opportunities in the market.Publisher projects that the Augmented Reality and Virtual Reality market size will grow from USD 14.85 Billion in 2017 to USD 94 Billion by 2023, at an estimated CAGR of 36%. The base year considered for the study is 2017, and the market size is projected from 2018 to 2023.
The rising investment in the AR market and increasing demand from retail and healthcare sectors are the major drivers for the augmented reality market. The easy availability of affordable VR devices, increased use of HMDs in gaming and entertainment, advancements in technology and digitization, and high investments in VR technology are the major drivers of the VR market.
Augmented Reality and Virtual Reality Market Players:
· Microsoft
· Oculus VR (Facebook)
· Sony
· Samsung Electronics
· HTC
· PTC
· Wikitude GmbH
· Magic Leap
· Osterhout Design Group
· Daqri
· Blippar
· Upskill
· Continental
· Visteon
· Eon Reality
· Vuzix
· Zugara
· Navdy
· Cyberglove Systems
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By Offering
Hardware, Software, , ,
By Device Type
Head-Mounted Display, Head-Up Display, Handheld Device, Gesture-Tracking Device, Projector & Display Wall
By Application
Enterprise, Consumer, Commercial, Healthcare, Automotive
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Augmented Reality and Virtual Reality market based on product and application. It also provides market size and forecast till 2023 for overall Augmented Reality and Virtual Reality market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM), which is later sub-segmented by respective countries and segments. The report evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend and provides exhaustive PEST analysis for all five regions.
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Also, key Augmented Reality and Virtual Reality market players influencing the market are profiled in the study along with their SWOT analysis and market strategies. The report also focuses on leading industry players with information such as company profiles, products and services offered, financial information of last 3 years, key development in past five years.
Reason to Buy
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the Augmented Reality and Virtual Reality market, thereby allowing players to develop effective long term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
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