Augmented Reality Market Size, Industry & Landscape Outlook, Revenue Growth Analysis to 2028

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The new market research report published by Emergen and Research, dubbed as ‘Global Augmented Reality Market Forecast to 2028’, entails a profound analysis of the global Augmented Reality industry, highlighting the crucial data and information pertaining to the Augmented Reality market sales and revenue shares. The report endows the reader with a holistic coverage of the Augmented Reality industry, pinpointing the key factors influencing the global market growth in the forthcoming years.

This report is the latest document encompassing the massive changes that took place in the Augmented Reality market following the emergence of the COVID-19 pandemic. The pandemic has drastically affected the global economic landscape, thereby disrupting the operating mechanism of the Augmented Reality market. The severe global crisis has prompted organizations to efficiently respond to the rapidly shifting business environment.

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Leading manufacturers profiled in the report:

Microsoft Corporation, Google Inc., Apple Inc., Zappar Ltd., Sony Corporation, Infinity Augmented Reality Ltd., Wikitude GmbH, Magic Leap, Inc., Seiko Epson, and Samsung Electronics Co. Ltd.

Emergen Research has segmented the global Augmented Reality (AR) market on the basis of offering, device type, application, and region:

Offering Outlook (Revenue, USD Billion; 2018–2028)

  • Hardware
    1. Sensors
    2. Cameras
    3. Display & Projectors
    4. Semiconductor Component
    5. Position/Room Tracker
    6. Others
  • Software

Device Type Outlook (Revenue, USD Billion; 2018–2028)

  • Head-mounted Displays
  • Head-up Displays

Application Outlook (Revenue, USD Billion; 2018–2028)

  • Healthcare
  • Automotive
  • Consumer
  • Enterprise
  • Aerospace & Defense
  • Energy
  • Commercial
  • Others

Some Key Highlights from the Report

  • In February 2021, Nreal launched its augmented reality smart glasses in Europe and the U.S. The company first launched its product in Korea, where customers could purchase them bundled with LG Velvet and the Galaxy Note 20.
  • Augmented Reality technology enriches the real world with digital information and media, such as videos and 3D models, overlaying the camera view of user’s tablet, smartphones, PCs, or connected glasses in real-time. Augmented reality browsers also enrich camera display with contextual information. For example, users can point their smartphone at a building to display its estimated value or history.
  • Head-up display are installed in dashboard of the vehicles to display important information and data without diverting driver from their view position. The head-up display was initially designed to be used in military aviation but has shifted to personal cars and other automotive. It eliminates the user’s need to take their eyes off the road.
  • Augmented reality is redefining the gaming industry. It creates immersive experiences which allow users to feel that they are interacting personally with their digital environment. Augmented reality games can be played on tablets, smartphones, and portable gaming systems. In February 2020, Red Bull launched a series of AR games, ‘Discover Your Wiiings,’ featuring five Red Bull athletes. It provides gamers the opportunity to engage with custom augmented reality games for a chance to win prizes, including a skateboard, custom activation surfboard, Scott helmet, custom computer case, and remote-controlled race car.

Report Highlights:

  • Besides offering a vivid depiction of the global Telehealth business sphere and its fundamental operations, the latest report provides the industrial chain analysis and list down the current and future market trends and growth opportunities.
  • The report includes information on the present and historical market scenarios, which helps forecast the market conditions over the next eight years (2020-2027).
  • The report scrutinizes the salient factors influencing the growth of the market in the near future.

Key Regional Markets Analyzed in the Report:

  • North America (U.S., Canada)
  • Europe (U.K., Italy, Germany, France, Rest of EU)
  • Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)
  • Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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About Us:

Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

 

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