The global augmented reality market which was USD 39,560 million in 2022, would rocket up to USD 59,7640 million by 2030 and is expected to undergo a CAGR of 39.8% during the forecast period

Augmented Reality (AR) is an interactive experience that combines real-world environments with computer-generated perceptual information, thereby enhancing one's perception of reality. Unlike Virtual Reality (VR), which creates a completely artificial environment, AR overlays digital information onto the physical world. This technology typically involves the use of a device, such as a smartphone, tablet, or AR glasses, to blend digital components like images, videos, or 3D models with the user's real-time surroundings

 What is Market Analysis and Insights of Augmented Reality Market?

The global augmented reality market which was USD 39,560 million in 2022, would rocket up to USD 59,7640 million by 2030 and is expected to undergo a CAGR of 39.8% during the forecast period. Increasing penetration of smartphones and other electronic gadgets, rising investments in cloud-based services by small and medium-sized enterprises, and rising demand for augmented reality in e-commerce and retail stores are some of the major factors attributable to the growth of the augmented reality market. This means that the augmented reality market value will stand tall at USD 152.50 billion by the year 2028. 

This comprehensive Market Analysis and Insights of Augmented Reality Market report provides a truthful market research study on the global market while chiefly focusing on current and historical market scenarios. The subject matter experts and a team of highly skilled researchers have worked hours to assemble an accurate market report on the ABC industry. According to this persuasive report, driving factors are anticipated to have a huge impact on the development of the market in the coming years. The overviews, SWOT analysis, and strategies of each vendor in the market for an understanding of the market forces and how those can be exploited to produce future opportunities.


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What do you mean by Augmented Reality Market Scope and Market Size?

On the basis of type, the augmented reality market is segmented into marker-based augmented reality. Marker-based augmented reality segment is sub-segmented into passive marker and active marker. Marker-less augmented reality segment is sub-segmented into model-based tracking and image processing-based tracking.

On the basis of technology, the micromachining market is segmented into monitor-based technology and near-eye-based technology. Monitor-based The monitor is sub-segmented into mobile augmented reality.

On the basis of offering, the augmented reality market is segmented into hardware and software. Hardware segment is sub-segmented into sensors, semiconductor component, displays and projectors, position tracker, cameras and others. Sensors segment is further bifurcated into accelerometer, gyroscope, magnetometer and proximity sensor. Semiconductor component segment is further bifurcated into controller/processor and integrated circuits. Software segment is sub-segmented into software development kits, cloud-based services and software function. Software function segment is further bifurcated into remote collaboration, workflow optimization, and documentation.

Define the Augmented Reality Market Scope and Market Size?

On the basis of technology, the micromachining market is segmented into monitor-based technology and near-eye-based technology. Monitor-based technology segment is sub-segmented into mobile augmented reality.

On the basis of offering, the augmented reality market is segmented into hardware and software. Hardware segment is sub-segmented into sensors, semiconductor component, displays and projectors, position tracker, cameras and others. Sensors segment is further bifurcated into accelerometer, gyroscope, magnetometer and proximity sensor. Semiconductor component segment is further bifurcated into controller/processor and integrated circuits. Software segment is sub-segmented into software development kits, cloud-based services and software function. Software function segment is further bifurcated into remote collaboration, workflow optimization, documentation, visualization, 3D modelling and navigation.

 

Key players of the Augmented Reality Market

The major players covered in the augmented reality market report are Atheer, Inc., Augmate Corporation, and Hewlett-Packard Development Company. L.P., Blippar, Catchoom, DAQRI, EON Reality Inc., Immerseport, Infinity Augmented Reality Ltd, Inglobe Technologies, JBK Consulting, Kudan, Magic Leap, Inc., Marxent Labs LLC, Mortar Studios, PTC, Inc., Pristine Inc., Re’flekt GmbH, Scope AR, Ubimax GmbH, Upskill, Viewar GmbH, Wear S.R.L., Wikitude GmbH and Zugara, Inc among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

 

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MAJOR TOC OF THE REPORT

  • Chapter One: Introduction
  • Chapter Two: Market Segmentation
  • Chapter Three: Market Overview
  • Chapter Four: Executive Summary
  • Chapter Five: Premium Insights
  • Chapter Six: Augmented Reality Market

 

What is the future value of the Market?

The market value for micromorph (Tandem Cell Using A SiΜc Si) market is projected USD 7,207.80 million by 2029.

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