Asia-Pacific augmented reality (AR) market is estimated to grow significantly at a CAGR of 39.4% during the forecast period. Increasing adoption of AR for different applications such as entertainment, automotive, healthcare, telecommunication, infrastructure in public and private sectors is one of the major factors that contribute towards the growth of the AR market in the Asia-Pacific region. Along with the growing application of AR, the growing investments by the government and private institutions for the development of startups based on AR is further making a considerable contribution towards the growth of the AR market in the region.
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The market is segmented on the basis of device type, technology, components, application, and country. Based on the device type market is sub-segmented into the head-mount, head-up, handheld. Based on technology the market is sub-segmented into monitor based technology and near eye based technology. Based on offering, the market is bifurcated into software and hardware. Based on the application, the market is segmented into individual, consumer, and others (automotive, defense, tourism, healthcare, apparels & Accessories). Based on the country the market is segmented into China, Japan, and India.
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Asia-Pacific Augmented Reality Market Segmentation
By Device Type
- Head-Mounted
- Head-Up
- Handheld
By Technology
- Monitor Based Technology
- Near Eye Based Technology
By Component
- Hardware
- Software
By Application
- Individual
- Commercials
- Others (Automotive, Defense, Tourism, Healthcare, Apparels & Accessories)
Regional Analysis
- China
- Japan
- India
- Rest of Asia-Pacific
Company Profiles
- Wikitude GmbH
- Wayray AG
- Thales Group
- Seiko Epson Corp.
- Rokid Corp. Ltd.
- Qualcomm Technologies Inc.
- Niantic Inc.
- Microsoft Corp.
- Lumus Ltd.
- Intellectsoft LLC
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