0
U.S. (TOLL FREE)
+1 (315) 215-3225
Automative

0
U.S. (TOLL FREE)
+1 (315) 215-3225
Augmented Reality Market Size, Share, Statistics & Trends Analysis Report By Type, By Application, By Region, and Segment Forecasts, 2021 - 2026
Published Date: February 2020
|
Report Code: QYRE-Othe-1P227
Home | Market Reports | Science | Engineering & Technology
augmented reality market

Augmented Reality Market Size, Share, Statistics & Trends Analysis Report By Type, By Application, By Region, and Segment Forecasts, 2021 - 2026

Code: QYRE-Othe-1P227
Report
February 2020
116 Pages
QYResearch
Region: Global,
Description
Table of Content
Tables & Figures

Augmented Reality Market Statistics 2021

The global Augmented  Reality Market size is projected to reach USD 3664.5 Million by 2026, from USD 849 Million in 2019, at a CAGR of 27.6% during 2020-2026. The increasing demand for AR devices and applications in medical, increase in demand for AR in retail and e-commerce, and rising investment in the major drivers for the market.

Augmented Reality Market

Augmented Reality (AR) is an interactive experience of a real-world environment whereby the objects that reside in the real world are "augmented" by computer-generated perceptual information, sometimes across multiple sensory modalities, including visual, auditory, haptic, somatosensory, and olfactory.

Augmented Reality Market Size and Scope

The use of AR technology in the gaming industry will increase the growth of the AR market size during the forecast period. AR implementation in gaming applications will enable users to search the physical environment and enhance the experience through the incorporation of visual & audio content.

Augmented Reality Market Size

In the healthcare sector, AR can be used to provide a simulated view of a patient, where a surgeon can see the state of the patient's body parts. This may help the surgeon undertake minimally invasive surgery. The use of AR modeling and 3D visualization is expected to be of great assistance to the healthcare industry. Using AR, the healthcare industry can improve medical students' learning experience, train doctors, manage the pharmacy, and provide care and support for patients after leaving the hospital. This integration of AR in the medical industry is expected to increase the AR market size during the forecast period.

AR provides the retail industry with a wide range of technology solutions that improve the connection between retailers and customers. Emerging trends in the retail segment, such as pop-up stores, are expected to fuel the growth of the AR market size.

Increasing smartphone penetration in developing economies is also expected to boost the growth of the AR market size during the forecast period.

Augmented Reality Market Share Analysis

Head-up Displays are expected to grow at the highest CAGR in the AR market during the forecast period. Augmented reality head-up displays are currently in the process of development and are all set to revolutionize the automotive industry. Other companies like Continental, WayRay, and Visteon have already joined the market with their own AR HUD plans.

With growing investment in AR devices and software, China's AR market is expected to grow at a rapid pace during the forecast period. The growth of the smartphone industry is pushing the mobile AR market in China. Local vendors like Renren, Tencent, and Baidu have invested in the technology and are expected to launch numerous mass-consumer apps.

Augmented Reality Market Segment Analysis

The global Augmented Reality market is split into two segments, type, and application. The product type briefs on the various types of products available in the market. The report also provides data for each product type by revenue for the forecast time period. It covers the price of each type of product. The other segment on the report, application, explains the various uses of the product and end-users. In the report, the researchers have also provided revenue according to the consumption of the product.

Augmented Reality Market by Type

Augmented Reality Market by Application

  • Enterprise
  • Consumer
  • Commercial
  • Automotive

Augmented Reality Market: Key Vendors

The report lists the major players in the regions and their respective market share on the basis of global revenue. It also explains their strategic moves in the past few years, investments in product innovation, and changes in leadership to stay ahead in the competition. This will give the reader an edge over others as a well-informed decision can be made looking at the holistic picture of the market.

Top Major Players in the Augmented Reality Market

  • Google
  • PTC
  • Microsoft
  • Wikitude
  • DAQRI
  • Zugara
  • Blippar
  • Magic Leap
  • Osterhout

Augmented Reality Market by Region

  • North America
  • Europe
  • China
  • Japan
  • Southeast Asia
  • India
  • Central & South America

Frequently Asked Questions About This Report

1. How big is the augmented reality market?

Ans. The global augmented reality market size is projected to reach USD 3664.5 Million by 2026, from USD 849 Million in 2019.

2. What is the augmented reality market growth?

Ans. The global augmented reality market is expected to grow at a compound annual growth rate of 27.6% during 2020-2026.

3. Who are the major key players in the augmented reality market?

Ans. Some key players operating in the augmented reality market are Google, PTC, Microsoft, Wikitude, DAQRI, Zugara, Blippar, Magic Leap, Osterhout, Others

4. What factors are anticipated to drive the augmented reality market?

Ans. Increasing smartphone penetration in developing economies is also expected to boost the growth of the augmented reality market size during the forecast period.

5. Which market type segment dominates the augmented reality market share?

Ans. Head-up Displays are expected to grow at the highest CAGR in the AR market during the forecast period.

Table of Content

 

List of Tables & Figures

 

SELECT A FORMAT
Added to Cart

Electronic (PDF)
$3900
This license allows only one user to access the PDF.

Electronic (PDF)
$7800
This license allows all the employees of an enterprise to access the PDF.
Add to Cart
Buy Now (10% Discount)
OUR CUSTOMER
Samsung SD

RELATED REPORTS

Global Nanomaterials and Nanotechnology Market Size Status and Forecast 2021 2027
Global Nanomaterials and Nanotechnology Market Size, Status and Forecast 2021-2027

120 Pages
Type: Report
Code: QYRE-Auto-5X2994
Sun Jul 18 00:00:00 UTC 2021

Add to Cart

Global Aerospace Engineering Services in Airlines Market Size Status and Forecast 2021 2027
Global Aerospace Engineering Services in Airlines Market Size, Status and Forecast 2021-2027

It includes solid mechanics fluid mechanics especially aerodynamics aerospace dynamics celestial mechanics thermodynamics navigation avionics automation electrical engineering mechanical engineering communications engineering materials science and manufacturing.Market Analysis and Insights Global Aerospace Engineering Services in Airlines MarketThe global Aerospace Engineering Services in Airlines market size is projected to reach US 325.4 million by 2027 from US 272.5 million in 2020 at a CAGR of 2.1 during 20212027.With industrystandard accuracy in analysis and high data integrity the report makes a brilliant attempt to unveil key opportunities available in the global Aerospace Engineering Services in Airlines market to help players in achie.

120 Pages
Type: Report
Code: QYRE-Auto-13C2963
Sun Jul 18 00:00:00 UTC 2021

Add to Cart

Global Robotic Refueling System Market Size Status and Forecast 2021 2027
Global Robotic Refueling System Market Size, Status and Forecast 2021-2027

Market Analysis and Insights Global Robotic Refueling System MarketThe global Robotic Refueling System market size is projected to reach US 115.6 million by 2027 from US 19 million in 2020 at a CAGR of 28.4 during 20212027.With industrystandard accuracy in analysis and high data integrity the report makes a brilliant attempt to unveil key opportunities available in the global Robotic Refueling System market to help players in achieving a strong market position.

120 Pages
Type: Report
Code: QYRE-Auto-21M3597
Sun Jul 18 00:00:00 UTC 2021

Add to Cart

Global Automotive Engineering Service Market Size Status and Forecast 2021 2027
Global Automotive Engineering Service Market Size, Status and Forecast 2021-2027

120 Pages
Type: Report
Code: QYRE-Auto-31N977
Sun Jul 18 00:00:00 UTC 2021

Add to Cart