Augmented Reality and Virtual Reality Market Size to Increase by USD 364557.67 Million: 35% growth to originate from APAC - Technavio

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November 27, 2022, 5:30 PM·sixteen min read

NEW YORK, Nov. 27, 2022 /PRNewswire/ -- The Augmented Reality and Virtual Reality Market by mode of Technology, Application, and Geography - Forecast and Analysis 2023-2027 papers has been posted with the assistance of Technavio. Market maturation is expected to accelerate astatine a CAGR of 52.37% and cheque successful an incremental summation of USD 364557.67 million passim the forecast duration. The papers affords a broad valuation of roar opportunities astatine adjacent levels, caller merchandise launches, the modern developments, and the enactment up-pandemic recuperation of the worldwide marketplace. Download A Free PDF Sample Report

Regional Analysis

By vicinity, the worldwide augmented information and integer information marketplace is segmented into APAC, North America, Europe, the Middle East and Africa, and South America. APAC is predicted to marque contributions 35% to the summation of the planetary marketplace implicit the forecast duration. The rising adoption of smartphones and accelerated investments successful AR and VR technologies wrong the retail and healthcare sectors are driving the roar of the adjacent marketplace.

Company Profiles

The augmented information and virtual world marketplace study includes records connected the cardinal merchandise and caller developments of starring carriers, consisting of:

Alphabet Inc.: The concern endeavor offers answers for augmented information and integer information acquisition which lets successful taking successful statistic and contented visually arsenic things dramatically enlarge the approaches connected gadgets which could assistance with mean sports similar looking for information, purchasing, and expressing yourself.

Apple Inc.: The leader gives solutions for augmented information and integer information acquisition which complements the real-international surroundings with playful, immersive outcomes the usage of LiDAR to acquisition depth.

Augmented Pixels Inc.: The organisation offers answers for augmented information and integer world which facilitates to link to acold disconnected colleagues operating collectively connected holograms to lick problems successful actual-time.

Blippar Ltd.: The endeavor offers solutions for augmented information and integer information which enables successful amended facts delivery, quicker accusation switch, modernized acquisition strategies, instant get introduction to to acold disconnected understanding, and superior patron stories.

CyberGlove Systems Inc.: The bureau gives solutions for augmented world and integer information which uses proprietary resistive bend-sensing exertion to appropriately alteration manus and digit motions into actual-time integer joint-angle facts.

Eon Reality Inc.

HP Inc.

HTC Corp.

Innovega Inc.

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Market Dynamics

The marketplace is driven by mode of factors including the increasing request for AR and VR technology, merchandise launches, and the expanding fig of M&A activities. However, excessive betterment fees related to AR and VR apps are hindering marketplace boom.

Competitive Analysis

The assertive authorities of affairs categorizes companies chiefly based connected assorted wide show ss. Some of the factors considered see the fiscal wide show of businesses implicit the past fewer years, summation strategies, merchandise improvements, caller merchandise launches, investments, and roar successful marketplace proportionality among others. Request a Sample

Market Segmentation

By software, the marketplace is segmented into user and enterprise. The user signifier accounted for the largest stock of the marketplace successful 2022.

By geography, the marketplace is segmented into APAC, North America, Europe, the Middle East and Africa, and South America. APAC held the largest percent of the marketplace successful 2022.

Related Reports:

The augmented information successful retail market person a look astatine is simply a broad study with in-intensity qualitative and quantitative probe comparing the modern script and speechmaking the summation of 39.Zero and a CAGR of 41.7% with the marketplace proportionality expanding by means of USD 9.24 billion successful the people of the forecast duration 2021 to 2026. The usage of AR epoch to marque selling greater effectual is substantially driving augmented world successful retail marketplace boom.

The augmented and virtual world successful healthcare marketplace proportionality is anticipated to roar done USD 6.Fifty 5 billion from 2021 to 2026, and the market's maturation momentum volition boost up astatine a CAGR of 29.13%. The increasing telephone for for healthcare offerings is sificantly driving the augmented and integer world successful healthcare marketplace boom, adjacent though factors consisting of infrastructural and integration issues whitethorn additionally impede the marketplace increase.

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What are the Key Data Covered successful this Augmented Reality And Virtual Reality Market Report?

CAGR of the marketplace astatine immoderate constituent of the forecast period 2023-2027

Detailed facts connected factors with the volition to unit the maturation of the augmented information and integer information marketplace among 2023 and 2027

Precise estimation of the dimensions of the augmented information and virtual information marketplace length and its publication to the fig marketplace.

Accurate predictions astir  upcoming developments and modifications successful lawsuit behavior

Growth of the augmented information and virtual information endeavor passim North America, APAC, Europe, the Middle East and Africa, and South America

A thorough investigation of the market's competitory panorama and circumstantial information astir companies

Comprehensive info of things truthful 1 tin task the maturation of augmented world and integer world market providers

Augmented Reality and Virtual Reality Market Scope

Report Coverage

Details

Page wide variety

168

Base 12 months

2022

Historical 12 months

2017-2021

Forecast length

2023-2027

Growth momentum & CAGR

Accelerate astatine a CAGR of 50 two.37%

Market roar 2023-2027

USD 364557.67 million

Market shape

Fragmented

YoY maturation (%)

31.Eighty three

Regional analysis

APAC, North America, Europe, the Middle East and Africa, and South America

Performing marketplace contribution

APAC astatine 35%

Key lawsuit nations

US, China, Japan, Germany, and UK

Competitive panorama

Leading groups, Competitive Strategies, Consumer engagement scope

Key organizations profiled

Alphabet Inc., Apple Inc., Augmented Pixels Inc., Blippar Ltd., CyberGlove Systems Inc., Eon Reality Inc., HP Inc., HTC Corp., Innovega Inc., Lenovo Group Ltd., Magic Leap Inc., Microsoft Corp., PTC Inc., Samsung Electronics Co. Ltd., Seiko Epson Corp.

Market dynamics

Parent marketplace evaluation, Market maturation inducers and boundaries, Fast-developing and slow-growing signifier evaluation, COVID-19 effect and restoration investigation and destiny user dynamics, and marketplace information investigation for the forecast length.

Customization purview

If our study has nary longer blanketed the information that you are searching out, you whitethorn attain retired to our analysts and get segments customized.

Table of contents:

1 Executive Summary

1.1 Market overview

2 Market Landscape

2.1 Market surroundings

three Market Sizing

three.1 Market definition

three.2 Market conception evaluation

three.3 Market size 2022

3.Four Market outlook: Forecast for 2022-2027

four Historic Market Size

four.1 Global augmented information and integer information marketplace 2017 - 2021

4.2 By procreation Segment Analysis 2017 - 2021

4.3 By inferior Segment Analysis 2017 - 2021

4.4 By geography Segment Analysis 2017 - 2021

four.Five Country Segment Analysis 2017 - 2021

five Five Forces Analysis

five.1 Five forces summary

5.2 Bargaining energy of consumers

five.Three Bargaining powerfulness of suppliers

5.Four Threat of latest entrants

five.Five Threat of substitutes

5.6 Threat of rivalry

five.7 Market circumstance

6 Market Segmentation by utilizing Technology

6.1 Market segments

6.2 Comparison done Technology

6.3 AR - Market magnitude and forecast 2022-2027

6.Four VR - Market magnitude and forecast 2022-2027

6.Five Market accidental with the assistance of Technology

7 Market Segmentation by Application

7.1 Market segments

7.2 Comparison with the assistance of Application

7.Three Consumer - Market magnitude and forecast 2022-2027

7.4 Enterprise - Market size and forecast 2022-2027

7.Five Market anticipation via Application

eight Customer Landscape

eight.1 Customer scenery evaluate

nine Geographic Landscape

9.1 Geographic segmentation

nine.2 Geographic contrast

nine.3 North America - Market size and forecast 2022-2027

9.4 APAC - Market magnitude and forecast 2022-2027

9.Five Europe - Market magnitude and forecast 2022-2027

nine.6 Middle East and Africa - Market size and forecast 2022-2027

9.7 South America - Market magnitude and forecast 2022-2027

nine.8 US - Market magnitude and forecast 2022-2027

nine.9 China - Market magnitude and forecast 2022-2027

nine.10 Germany - Market size and forecast 2022-2027

nine.11 UK - Market magnitude and forecast 2022-2027

9.12 Japan - Market magnitude and forecast 2022-2027

9.Thirteen Market accidental by geography

10 Drivers, Challenges, and Trends

10.1 Market drivers

10.2 Market challenges

10.Three Impact of drivers and demanding situations

10.4 Market traits

eleven Vendor Landscape

11.1 Overview

eleven.2 Vendor panorama

eleven.3 Landscape disruption

11.Four Industry dangers

12 Vendor Analysis

12.1 Vendors covered

12.2 Market positioning of vendors

12.Three Alphabet Inc.

12.4 Apple Inc.

12.Five Augmented Pixels Inc.

12.6 Blippar Ltd.

12.7 CyberGlove Systems Inc.

12.8 HP Inc.

12.9 HTC Corp.

12.10 Lenovo Group Ltd.

12.11 Magic Leap Inc.

12.12 Microsoft Corp.

12.13 PTC Inc.

12.14 Samsung Electronics Co. Ltd.

12.15 Seiko Epson Corp.

12.16 Toshiba Corp.

12.17 Zugara Inc.

thirteen Appendix

13.1 Scope of the file

13.2 Inclusions and exclusions checklist

thirteen.3 Currency conversion quotes for US$

thirteen.Four Research method

13.Five List of abbreviations

About Us

Technavio is simply a main planetary epoch probe and advisory concern enterprise. Their studies and valuation consciousness connected rising marketplace trends and affords actionable insights to assistance agencies place marketplace opportunities and broaden almighty strategies to optimize their marketplace positions. With implicit 500 specialized analysts, Technavio's study room consists of much than 17,000 reviews and counting, protecting 800 technology, spanning passim 50 nations. Their user basal includes companies of each sizes, specified arsenic greater than a 100 Fortune 500 corporations. This increasing user basal is based connected Technavio's implicit insurance, large research, and actionable marketplace insights to comprehend opportunities successful contiguous and imaginable markets and measure their competitory positions wrong changing marketplace situations.

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Technavio Research
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Media & Marketing Executive
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UK: +forty 4 203 893 3200
Email: media@technavio.Com
Website: www.Technavio.Com/

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