The global augmented reality market is estimated to grow at a CAGR of 31.0% during the forecast period (2019-2025). This Augmented Reality Market research report focuses more on a number of distinctive as well as foremost market sectors. It further focuses market segmentation. Industry-specific interviews are carried out with market players to foresee future business growth. Various facets of the industry are also depicted here under each industry sector. Future development visions and a wide range of subjects are covered in this Augmented Reality Market study report. All this crucial data greatly assists key players to establish their presence in the competitive market. It verifies and revalidates the knowledge provided in this global Market report. It also allows several organizations to learn more about a range of opportunities already available in the market and makes aware to firms about upcoming opportunities too. It ensures several firms to attain a long-standing business success by capturing all of the latest updates about market growth. Most important participants are able to employ such report as a great resource to attain a competitive advantage over the cut-throat market.
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Electronic commerce has been growing considerably over the past few years and it is predicted to grow further due to rising demand and technological advancement. The rise in the number of people using Smartphone, tablets and the gadgets to connect to the information space is proof of the reach of the internet as the most effective medium of trade. As more and more businesses move sections of their operations onto the Internet, it will diminish the boundaries between conventional and electronic commerce. Moreover, augmented reality has become a marketing trend for increasing customer engagement. Augmented Reality enables Smartphone users to locate their phones’ cameras at certain objects which can be either a print advertisement or even a coffee cup to activate a 3D video. The growing demand for user engagement along with enhanced customer service across the application like real estate, retail and healthcare also contributes to the augmented reality market. However, lack of awareness, connectivity issues and high user expectation is affecting market growth across the globe.
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- Market Coverage
- Market number available for – 2024-2030
- Base year- 2023
- Forecast period- 2024-2030
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Market Segmentation
Augmented Reality Market by Device Type
- Head-Mounted
- Head-Up
- Handheld
Global Augmented Reality Market by Offering
- Hardware
- Software
Global Augmented Reality Market by Application
- Enterprise
- Consumer
- Commercials
- Automotive
- Healthcare
- Others
Regional Analysis
- North America
- United States
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- Apple, Inc.
- Atheer, Inc.
- Blippar Ltd.
- Catchoom Technologies, S.L.
- Epic Games Inc
- Google, LLC
- HP Development Co., L.P.
- Intellectsoft LLC
- Lumus Ltd.
- Magic Leap, Inc
- Microsoft Corp.
- Niantic Inc.
- Optinvent S.A.
- PTC Inc.
- Qualcomm Technologies Inc.
- Rokid Corp. Ltd.
- Seiko Epson Corp.
- Thales Group
- Universal mCloud Corp. (NGRAIN)
- Vuzix Corp.
- Wayray AG
- Wikitude GmbH
- Zugara, Inc.
The Report Covers
- Market value data analysis of 2018 and forecast to 2025.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global Augmented Reality market. Based on the availability of data, information related to pipeline products, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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