The new report by Expert Market Research titled, ‘Global Augmented Reality Market Size, Share, Price, Trends, Growth, Report and Forecast 2020-2025’, gives an in-depth analysis of the global augmented reality market, assessing the market based on its segments like components, devices, types, technologies, applications, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.
Get a Free Sample Report with Table of Contents – https://www.expertmarketresearch.com/reports/augmented-reality-mark...
The key highlights of the report include:
Market Overview (2015-2025)
• Historical Market Size (2019): USD 15 Billion
• Forecast CAGR (2020-2025): 42%
• Forecast Market Size (2025): USD 122 Billion
The augmented reality market is fueled by the rising investments in the market. The rising applications of AR modeling and 3-D visualisation is expected to aid the healthcare sector by providing a virtual view of a patient, which helps a surgeon to conduct minimally invasive surgeries. The increase in demand for AR devices from the e-commerce sector is expected to propel the market forward in the forecast period. The growing technological advancements, coupled with the rise in the demand for the technology in surgical visualisation and healthcare education, are expected to drive the market growth.
Read Full Report with Table of Contents – https://www.expertmarketresearch.com/reports/augmented-reality-market
Industry Definition and Major Segments
Augmented reality involves the technology that provides a computer-generated image with a real-world view from the consumer and, thereby, offers a composite view. It is an experience where designers enhance the parts of user’s physical world with computer-generated input.
On the basis of components, the industry is divided into:
o Displays and Projectors
o Position Trackers
By type, the industry is segmented into:
• Location-Based AR
Based on device, the industry is divided into:
• Head-Mounted Display
• Head-Up Display
• Smart Glass
On the basis of technology type, the industry is divided into:
• Head-Mounted Display
• Head-Up Display
• Smart Glass
By application, the industry is categorised into:
• Military and Defence
• Real Estate
The regional markets for augmented reality include:
• North America
• Asia Pacific
• Latin America
• Middle East and Africa
The augmented reality market is a technology-driven market. Several advancements are expected to enhance the user experience. Technological advancements such as smart contact lens, which aids in the automatic removal of unsafe optical radiation, is expected to aid the market growth. The smart contact lens, which is further aiding the market growth, includes a small display that can project images into the wearer’s eye, an antenna, a camera, and an image display. The increasing mobile penetration and innovation in mobiles are expected to propel the demand for the augmented reality market in the coming years.
Key Market Players
The major players in the market are Google LLC (NASDAQ: GOOGL), Microsoft Corporation (NASDAQ: MSFT), PTC Inc. (NASDAQ: PTC), Epson America, Inc. (TYO: 6724), Apple Inc. (NASDAQ: AAPL), Lenovo Group Limited (HKG: 0992), and others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
Display Device Market: https://www.expertmarketresearch.com/reports/display-device-market
Joint Rolling Machine Market: https://www.expertmarketresearch.com/reports/joint-rolling-machine-...
Wireless Bluetooth Printer Market: https://www.expertmarketresearch.com/reports/wireless-bluetooth-pri...
Picture Archiving and Communication System (PACS) Market: https://www.expertmarketresearch.com/reports/picture-archiving-and-...
Note 1: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.
Note 2: For a snapshot of the primary and secondary data of the market (2015-2025), along with business strategies and detailed market segmentation, please click on request sample report. The sample report shall be delivered to you within 24 hours.
Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.
At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.
We also provide state-of-the-art procurement intelligence through our platform, https://www.procurementresource.com. Procurement Resource is a leading platform for digital procurement solutions, offering daily price tracking, market intelligence, supply chain intelligence, procurement analytics, and category insights through our thoroughly researched and infallible market reports, production cost reports, price analysis, and benchmarking.
Informes de Expertos (https://informesdeexpertos.com), the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.
Determined to bring client satisfaction, we make sure that our tailored approach meets the client’s unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.
Company Name: Expert Market Research
Contact Person: Mathew Williams, Business Consultant
Email: [email protected]
Expert Market Research
Toll Free Number: +1 (650) 761-6200 | +44 7441 392205
Address: 30 North Gould Street, Sheridan, WY 82801, USA
Country: United States