Augmented Reality Market: Quantitative Market Analysis, Current and Future Trends 2023

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Houston, TX — 02/02/2018 — The titled “Global Augmented Reality Market” The report on the global market offers an elaborate assessment of key drivers and restraints, emerging trends, notable opportunities, prominent business use cases, and recent technological advancements. The research presents a thorough insight into the share and size of various types of lucrative avenues, and competitive landscape. The analysis takes a closer look at recent offerings of key players and imminent investment pockets in major regions such as North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

Top Key Vendors:
Google, PTC Inc., Microsoft Corporation, Wikitude GmbH, DAQRI LLC, Zugara, Blippar, Magic Leap, Osterhout Design Group

Augmented Reality Market projected to grow at CAGR of +55.71% from 2018 to 2023

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Software component in the augmented reality market is expected to gain significant share owing to the increasing focus on software development platforms for enterprise applications. The software component includes software developer kits, software solutions and cloud services to be used with hardware. Growing penetration of tablets and smartphones is encouraging the developers to offer rich media experiences through mobile applications. Developers are investing in developing platforms specific for applications to develop differentiated offerings.

The report utilizes the financial records revealed by the top players in the global Augmented Reality Market. This data is then compiled and screened using a 360-degree analysis. The features that either strengthen or undermine the market growth over a given forecast period are also explained for the better understanding to the readers.

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Augmented reality market is growing at a significant rate owing to increasing applications in various sectors including automotive, medical, and aerospace & defense, gaming, retail, and industrial. The industrial segment is forecast to grow at the highest rate owing to the rapid growth of industries and adoption of latest technologies to enhance productivity. The technology is being used in several industrial processes such as assembly, maintenance & repair, quality control, training, and monitoring & visualization.

On the basis of geographical regions, the Global Augmented Reality Market is segmented broadly into Latin America, Europe, the Middle East and Africa, and Asia Pacific. The global market is still in its exploratory stage in most of the regions but it holds the promising potential to flourish steadily in coming years. The major companies investing in this market are situated in Canada, U.K., and the US, India, China and some more countries of Asia Pacific region. Consequently, Asia Pacific, North America, and Western Europe are estimated to hold more than half of the market shares, collectively in coming years.

In the last sections of the report, the manufacturers responsible for increasing the sales in the Augmented Reality Market have been presented. These manufacturers have been analyzed in terms of their manufacturing base, basic information, and competitors. In addition, the technology and product type introduced by each of these manufacturers also form a key part of this section of the report.
Table of Content:
Global Augmented Reality Market Research Report 2018-2023
Chapter 1 Augmented Reality Market Overview
Chapter 2 Global Economic Impact
Chapter 3 Competition by Manufacturer
Chapter 4 Production, Revenue (Value) by Region (2018-2023)
Chapter 5 Supply (Production), Consumption, Export, Import by Regions (2018-2023)
Chapter 6 Production, Revenue (Value), Price Trend by Type
Chapter 7 Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
Chapter 12 Market Forecast (2018-2023)
Chapter 13 Appendix

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Jasmine Petters

Jasmine Petters

Jasmine hails from the city of Nizams, Hyderabad, and is currently pursuing her M.D. from there only. She is an internet wizard and has keen passion in All Things tech. She is a regular Comment contributor for The Daily Telescope and writes a Web column, in which she covers war, sports, and everything in between.
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