Augmented Reality Market 2021 - 2022 | Share, industry Trend...| MENAFN.COM

Thursday, 29 September 2022 09:21 GMT

Augmented Reality Market 2021 - 2022 | Share, industry Trends, Development, Revenue, Demand and Forecast

(MENAFN- America News Hour) Global Augmented Reality Market worth USD 4.10 billion in 2016 and expected to reach USD 124.37 billion by 2022, at a CAGR of 76.6% from 2016 to 2022. The global augmented reality market report offers in-depth analysis of the market size (revenue), market share, major market segments, different geographic regions, forecast for the next five years, key market players, and premium industry trends. It also focuses on the key drivers, restraints, opportunities and challenges in the augmented reality market.
In-depth analysis of the market ecosystem and its impact on the revenue growth. Meticulous understanding of the key new market opportunities in individual geographic regions/countries. Detailed analysis of the significant sustainability strategies adopted by the major players in this market
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The major factors driving the augmented reality market include the rising demand from the automotive and architecture industries and the intensified demand in the e-commerce and retail sector.
Apart from that, the increase in the augmented reality devices and the rising applications in the healthcare industry for disease detection & diagnosis are also expected to drive this market during the forecast period.
Rising demand for augmented reality enabled devices, growing applications in the tourism segment, and the high amount of investments for the research and development in the augmented reality technology are anticipated to boost the growth opportunities for the augmented reality market. However, the limited processing power of the computers & networks, the restricted memory card sizes with limited storage capacity and the limited user interface are some of the major restraining factors for the market. Moreover, the privacy issues and the complexity of the designs are some of the major challenges faced by this market.
This report analyzes the augmented reality market by the following segments:

Augmented Reality Market, by Component
Integrated Circuits
Micro-Controllers & Processors
Augmented Reality Market, by Product
Smart Phones Apps
Eye Glasses
Contact Lenses
Head Mounted Displays
Head Up Displays
Augmented Reality Market, by Application
Education & Training
Architecture & Building Design
Aerospace & Defense
Digital Marketing
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Key players in the augmented reality market include:

Google, Inc. Ltd.
Metaio GmbH
Microsoft Corporation
Sony Corporation
Qualcomm, Inc.
Apple, Inc.
IBM Corporation
Infinity Augmented Reality, Inc.
Table of Contents
Research Methodology
Market Segmentation
Premium Industry Trends
Value Chain Analysis
Technology Roadmap
Ecosystem Analysis
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