2022-11-24 15:10:00

The Global Augmented Reality (AR) Market is expected to grow by $157.21 bn during 2023-2027, accelerating at a CAGR...

Logo PR Newswire
PR Newswire

NEW YORK, Nov. 24, 2022 /PRNewswire/ --

Global Augmented Reality (AR) Market 2023-2027
The analyst has been monitoring the augmented reality (AR) market and it is poised to grow by $157.21 bn during 2023-2027, accelerating at a CAGR of 28.71% during the forecast period. Our report on the augmented reality (AR) market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

Read the full report: https://www.reportlinker.com/p04340406/?utm_source=PRN

The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing investments in AR technology, rising demand from various application segments, and increasing adoption of AR-enabled smart glasses.

The augmented reality (AR) market is segmented as below:
By Application

  • Enterprise
  • Retail
  • Media and entertainment
  • Healthcare
  • Others

By Component

  • Hardware
  • Software

By Geographical Landscape

  • North America
  • APAC
  • Europe
  • South America
  • Middle East and Africa

This study identifies the increasing AR integration in mobile devices as one of the prime reasons driving the augmented reality (AR) market growth during the next few years. Also, platform-independent and growing number of acquisitions and partnerships will lead to sizable demand in the market.

The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the augmented reality (AR) market covers the following areas:

  • Augmented reality (AR) market sizing
  • Augmented reality (AR) market forecast
  • Augmented reality (AR) market industry analysis

This robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading augmented reality (AR) market vendors that include Alphabet Inc., Atheer Inc, Dynabook Inc., Facebook Inc., Inglobe Technologies Srl, Marxent Labs LLC, Maxst Co. Ltd., Microsoft Corp., Optinvent, PTC Inc., Qualcomm Inc., RealWear Inc., Samsung Electronics Co. Ltd., Seiko Epson Corp., Sony Group Corp., Ultraleap Ltd., Upskill, Vuzix Corp., Wikitude GmbH, and Zugara Inc. Also, the augmented reality (AR) market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Read the full report: https://www.reportlinker.com/p04340406/?utm_source=PRN

ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place.

Contact Clare: clare@reportlinker.com
US: (339)-368-6001
Intl: +1 339-368-6001

Cision View original content:https://www.prnewswire.com/news-releases/the-global-augmented-reality-ar-market-is-expected-to-grow-by-157-21-bn-during-2023-2027--accelerating-at-a-cagr-of-28-71-during-the-forecast-period-301686315.html

SOURCE Reportlinker

Logo EIN Presswire
TechnologyPress Release2022-11-08 16:13:41
Market Size USD 15.72 Billion in 2020, Market Growth at a CAGR of 46.4%, Market Trends Increasing demand from education sector VANCOUVER, BC, CANADA,...

Logo GlobeNewswire
EconomyPress Release2022-11-08 08:24:00
As per the report by Fortune Business Insights, the global Augmented Reality Market Size is projected to reach USD 97.76 billion in 2028, at a CAGR of 48.6%...

Logo EIN Presswire
Augmented Reality and Virtual Reality Market Share Augmented Reality and Virtual Reality Market size was at USD 27.6 Bn in 2021, and is to reach USD 856.2 BN...

Logo PR Newswire
TechnologyPress Release2022-11-08 06:15:00
NEW YORK, Nov. 8, 2022 /PRNewswire/ -- Technavio categorizes the Global Augmented Reality (AR) and Virtual Reality (VR) Market as a part of the parent...

Logo EIN Presswire
TechnologyPress Release2022-11-04 20:32:10
U.S. Augmented and Virtual Reality Market Key factors that drive the market growth includes rise in investment in AR market and surge in penetration of...

Logo EIN Presswire
TechnologyPress Release2022-11-16 15:00:00
Market Research Reports, Business Consulting Services & Analytics Augmented and Virtual Reality Market Drivers Rising Focus on Improving Customer...

Logo EIN Presswire
TechnologyPress Release2022-11-10 10:29:31
Augmented and Virtual Reality Market Size The unprecedented demand for better hardware and software technologies is a crucial factor for development of the...

Logo PR Newswire
HealthPress Release2022-11-15 15:00:00
NEW YORK, Nov. 15, 2022 /PRNewswire/ -- Global Augmented and Virtual Reality in Healthcare Market 2022-2026 The analyst has been monitoring the augmented and...

Logo EIN Presswire
TechnologyPress Release2022-10-28 10:56:32
U.S. Augmented and Virtual Reality Market Key factors that drive the market growth includes rise in investment in AR market and surge in penetration of...

Logo EIN Presswire
Augmented Reality Automotive Market Size Augmented Reality Automotive Market is projected to grow from USD 4.51 billion in 2021 to USD 14.44 billion in 2028...

Logo EIN Presswire
TechnologyPress Release2022-11-07 06:09:25
Augmented and Virtual Reality Industry A lead analyst at AMR highlighted that the augmented and virtual reality market in APAC is anticipated to grow at the...

Logo EIN Presswire
TechnologyPress Release2022-11-03 13:03:12
Emergen Research Logo Growing need for adoption of AR/VR solutions in various applications is one of the key factors driving market revenue growth Augmented...

Logo EIN Presswire
AutoPress Release2022-11-09 10:05:30
Vehicle Augmented Reality Market Vehicle Augmented Reality Market is projected to grow from USD 4.51 billion in 2021 to USD 14.44 billion in 2028 at a CAGR...

Logo EIN Presswire
TechnologyPress Release2022-10-27 14:00:14
Augmented Reality Services Global Market Report 2022 - Market Size, Trends, And Global Forecast 2022-2026 The Business Research Company's Augmented Reality...

Logo EIN Presswire
TechnologyPress Release2022-11-21 15:38:22
Emergen Research Logo Technological advancements on machine learning and data analytics, ongoing research and development activities, and recent advancements...

Logo EIN Presswire
Augmented Reality Devices Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026 The Business Research Companys Augmented Reality...

Logo EIN Presswire
Growing awareness about Augmented Reality Head Up Display (AR HUD) and industrialization are some key factors expected to drive the Global Market by 2028....

Logo EIN Presswire
TechnologyPress Release2022-10-27 03:18:19
Augmented and Virtual Reality Market The growing demand for augmented reality in architecture would be a significant growth opportunity for the augmented...

Logo PR Newswire
EconomyPress Release2022-11-07 13:10:00
NEW YORK, Nov. 7, 2022 /PRNewswire/ -- Global Augmented Reality in Agriculture Market to Reach $4.89 Million by 2027 Read the full report:...

Logo EIN Presswire
Virtual Reality Devices Global Market Report 2022 - Market Size, Trends, And Global Forecast 2022-2026 Virtual Reality Devices Global Market Report 2022 :...