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Augmented Reality and Virtual Reality Market is Expected to Grow at a CAGR of 41.2% During the Forecast Period 2016 to 2025

Press Release

The global augmented reality and virtual reality market is expected to grow at a CAGR of 41.2% during the forecast period 2016 to 2025 and expected to reach US$ 130.01 Bn in 2025 from US$ 5.83 Bn in 2016.

Since past decade, computer technology has been diversified into many innovative verticals. This has changed the way of thinking, interacting and decision making of every individual. The recent advancements such as IoT, cloud computing, 3D printing, automation, advanced communication systems, artificial intelligence, Big Data, AR and VR and many others are the driving factors influencing the change in dynamics from living to running a business. AR technology blends the virtual and real world objects, with AR users will be able to interact with virtual object and also will be able to distinguish between the real and virtual contents. AR has found more success within short period of time, this technology has been more adopted in consumer sector and is expected to surpass the VR market in near future.

Worldwide Augmented Reality and Virtual Reality Market Analysis to 2025 is a specialized and in-depth study of the Augmented Reality and Virtual Reality industry with a focus on the global market trend. The report aims to provide an overview of global Augmented Reality and Virtual Reality market with detailed market segmentation by product & services /application and geography. The global Augmented Reality and Virtual Reality market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the Augmented Reality and Virtual Reality players and offers key trends and opportunities in the market.

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Leading Augmented Reality and Virtual Reality Market Players:

  • Artoolworks, Inc.
  • Augmented Pixels Co.
  • EON Reality, Inc.
  • Innovega, Inc.
  • Kishino Limited
  • Laster Technologies
  • Layar B. V.
  • Total Immersion
  • Vuzix Corporation
  • Zugara, Inc.

The Insight Partner’s dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

An exclusive Augmented Reality and Virtual Reality market research report created through broad primary research (inputs from industry experts, companies and stakeholders) and secondary research, the report aims to present the analysis of Global Augmented Reality and Virtual Reality Market By Type, By Application, By Region – North America, Europe, South America, Asia-Pacific, Middle East and Africa. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. Besides, the report also identifies and analyses the emerging trends along with major drivers, challenges and opportunities in the global Augmented Reality and Virtual Reality market. Additionally, the report also highlights market entry strategies for various companies across the globe.

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Augmented Reality and Virtual Reality market based on product and application. It also provides market size and forecast till 2025 for overall Augmented Reality and Virtual Reality market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM), which is later sub-segmented by respective countries and segments. The report evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend and provides exhaustive PEST analysis for all five regions.

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Also, key Augmented Reality and Virtual Reality market players influencing the market are profiled in the study along with their SWOT analysis and market strategies. The report also focuses on leading industry players with information such as company profiles, products and services offered, financial information of last 3 years, key development in past five years.

Key Benefits of Buying this Research Study:

  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Augmented Reality and Virtual Reality Market.
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations highlight crucial progressive industry trends in the Augmented Reality and Virtual Reality Market, thereby allowing players across the value chain to develop effective long term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
  • Examine the political, economic, social and technology impact of the five regions namely: North America, Europe, Asia Pacific, Middle East & Africa and South America.

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The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.

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This post was originally published on Industry Updates Daily