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

, /PRNewswire/ -- The Augmented Reality and Virtual Reality Market by Technology, Application, and Geography - Forecast and Analysis 2023-2027 study has been published by Technavio. Market maturation is estimated to accelerate astatine a CAGR of 52.37% and registry an incremental maturation of USD 364557.67 million during the forecast period. The study provides a broad investigation of maturation opportunities astatine determination levels, caller merchandise launches, the latest trends, and the post-pandemic betterment of the planetary market. Download A Free PDF Sample Report

Regional Analysis

By region, the planetary augmented world and virtual world marketplace is segmented into APAC, North America, Europe, the Middle East and Africa, and South America. APAC is estimated to lend 35% to the maturation of the planetary marketplace implicit the forecast period. The rising adoption of smartphones and accrued investments successful AR and VR technologies successful the retail and healthcare sectors are driving the maturation of the determination market.

Company Profiles

The augmented world and virtual world marketplace study includes accusation connected the cardinal products and caller developments of starring vendors, including:

• Alphabet Inc.: The institution offers solutions for augmented world and virtual world acquisition which allows taking successful accusation and contented visually arsenic things dramatically grow the ways connected devices which tin assistance with mundane activities similar searching for information, shopping, and expressing yourself.

• Apple Inc.: The institution offers solutions for augmented world and virtual world acquisition which enhances the real-world situation with playful, immersive effects utilizing LiDAR to consciousness depth.

• Augmented Pixels Inc.: The institution offers solutions for augmented world and virtual world which helps to link with distant colleagues moving unneurotic connected holograms to resoluteness issues successful real-time.

• Blippar Ltd.: The institution offers solutions for augmented world and virtual world which helps successful amended accusation delivery, faster cognition transfer, modernized grooming methods, contiguous entree to distant expertise, and enhanced lawsuit experiences.

• CyberGlove Systems Inc.: The institution offers solutions for augmented world and virtual world which uses proprietary resistive bend-sensing exertion to accurately alteration manus and digit motions into real-time integer joint-angle data.

• Eon Reality Inc.

• HP Inc.

• HTC Corp.

• Innovega Inc.

• To summation entree to much vendor profiles disposable with Technavio, buy the report!

Market Dynamics

The marketplace is driven by factors specified arsenic the expanding request for AR and VR technology, merchandise launches, and the expanding fig of M&A activities. However, precocious improvement costs associated with AR and VR apps are hindering marketplace growth.

Competitive Analysis

The competitory script categorizes companies based connected assorted show indicators. Some of the factors considered see the fiscal show of companies implicit the past fewer years, maturation strategies, merchandise innovations, caller merchandise launches, investments, and maturation successful marketplace stock among others. Request a Sample

Market Segmentation

• By application, the marketplace is segmented into user and enterprise. The user conception 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 stock of the marketplace successful 2022.

Related Reports:

The augmented world successful retail market survey is simply a broad study with in-depth qualitative and quantitative probe evaluating the existent script and analyzing the maturation of 39.0 and a CAGR of 41.7% with the marketplace stock expanding by USD 9.24 billion during the forecast play 2021 to 2026. The usage of AR exertion to marque advertizing much effectual is notably driving augmented world successful retail marketplace growth.

The augmented and virtual world successful healthcare market stock is expected to summation by USD 6.55 billion from 2021 to 2026, and the market's maturation momentum volition accelerate astatine a CAGR of 29.13%. The increasing request for healthcare services is notably driving the augmented and virtual world successful healthcare marketplace growth, though factors specified arsenic infrastructural and integration issues whitethorn impede the marketplace growth.

Technavio's room includes implicit 17,000+ reports, covering much than 2,000 emerging technologies. Subscribe to our "Basic Plan" astatine conscionable USD 5,000 and get beingness entree to Technavio Insights

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

• CAGR of the marketplace during the forecast period 2023-2027

• Detailed accusation connected factors that volition thrust the maturation of the augmented world and virtual world marketplace betwixt 2023 and 2027

• Precise estimation of the size of the augmented world and virtual world market size and its publication to the genitor market.

• Accurate predictions astir  upcoming trends and changes successful user behavior

• Growth of the augmented world and virtual world manufacture crossed North America, APAC, Europe, the Middle East and Africa, and South America

• A thorough investigation of the market's competitory scenery and elaborate accusation astir vendors

• Comprehensive details of factors that volition situation the maturation of augmented world and virtual world market vendors

Table of contents:

1 Executive Summary

• 1.1 Market overview

2 Market Landscape

• 2.1 Market ecosystem

3 Market Sizing

• 3.1 Market definition

• 3.2 Market conception analysis

• 3.3 Market size 2022

• 3.4 Market outlook: Forecast for 2022-2027

4 Historic Market Size

• 4.1 Global augmented world and virtual world marketplace 2017 - 2021

• 4.2 By exertion Segment Analysis 2017 - 2021

• 4.3 By exertion Segment Analysis 2017 - 2021

• 4.4 By geography Segment Analysis 2017 - 2021

• 4.5 Country Segment Analysis 2017 - 2021

5 Five Forces Analysis

• 5.1 Five forces summary

• 5.2 Bargaining powerfulness of buyers

• 5.3 Bargaining powerfulness of suppliers

• 5.4 Threat of caller entrants

• 5.5 Threat of substitutes

• 5.6 Threat of rivalry

• 5.7 Market condition

6 Market Segmentation by Technology

• 6.1 Market segments

• 6.2 Comparison by Technology

• 6.3 AR - Market size and forecast 2022-2027

• 6.4 VR - Market size and forecast 2022-2027

• 6.5 Market accidental by Technology

7 Market Segmentation by Application

• 7.1 Market segments

• 7.2 Comparison by Application

• 7.3 Consumer - Market size and forecast 2022-2027

• 7.4 Enterprise - Market size and forecast 2022-2027

• 7.5 Market accidental by Application

8 Customer Landscape

• 8.1 Customer scenery overview

9 Geographic Landscape

• 9.1 Geographic segmentation

• 9.2 Geographic comparison

• 9.3 North America - Market size and forecast 2022-2027

• 9.4 APAC - Market size and forecast 2022-2027

• 9.5 Europe - Market size and forecast 2022-2027

• 9.6 Middle East and Africa - Market size and forecast 2022-2027

• 9.7 South America - Market size and forecast 2022-2027

• 9.8 US - Market size and forecast 2022-2027

• 9.9 China - Market size and forecast 2022-2027

• 9.10 Germany - Market size and forecast 2022-2027

• 9.11 UK - Market size and forecast 2022-2027

• 9.12 Japan - Market size and forecast 2022-2027

• 9.13 Market accidental by geography

10 Drivers, Challenges, and Trends

• 10.1 Market drivers

• 10.2 Market challenges

• 10.3 Impact of drivers and challenges

• 10.4 Market trends

11 Vendor Landscape

• 11.1 Overview

• 11.2 Vendor landscape

• 11.3 Landscape disruption

• 11.4 Industry risks

12 Vendor Analysis

• 12.1 Vendors covered

• 12.2 Market positioning of vendors

• 12.3 Alphabet Inc.

• 12.4 Apple Inc.

• 12.5 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.

13 Appendix

• 13.1 Scope of the report

• 13.2 Inclusions and exclusions checklist

• 13.3 Currency conversion rates for US$

• 13.4 Research methodology

• 13.5 List of abbreviations

About Us

Technavio is simply a starring planetary exertion probe and advisory company. Their probe and investigation absorption connected emerging marketplace trends and provides actionable insights to assistance businesses place marketplace opportunities and make effectual strategies to optimize their marketplace positions. With implicit 500 specialized analysts, Technavio's study room consists of much than 17,000 reports and counting, covering 800 technologies, spanning crossed 50 countries. Their lawsuit basal consists of enterprises of each sizes, including much than 100 Fortune 500 companies. This increasing lawsuit basal relies connected Technavio's broad coverage, extended research, and actionable marketplace insights to place opportunities successful existing and imaginable markets and measure their competitory positions wrong changing marketplace scenarios.

Contact

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

View archetypal contented to download multimedia:https://www.prnewswire.com/news-releases/augmented-reality-and-virtual-reality-market-size-to-increase-by-usd-364557-67-million-35-growth-to-originate-from-apac---technavio-301687233.html

SOURCE Technavio