Global Mobile Augmented Reality Market is Expected to Grow with the CAGR of 6.4% in the Forecast Period of 2021 to 2028

The Global Mobile Augmented Reality Market is expected to grow at a CAGR of 6.4% in the forecast period of 2021 to 2028 and is likely to reach USD 13,543.76 million by 2028. The rise in the utilization of mobile augmented reality (AR) in e-commerce and retail sector will increase the market growth rate.

Moreover, increase in the demand for AR technology from automotive and aerospace industry will provide the beneficial opportunities for the growth of the mobile augmented reality market.                                                               

Mobile Augmented Reality Market Scenario

According to Data Bridge Market Research the market for mobile augmented reality is expected to gain growth because of the rising popularity of wearable devices and hands-free devices. Also, surge in the rate of online gaming activities due to COVID-19 pandemic will accelerate the growth of mobile augmented reality market over the forecast period of 2021 to 2028. While, limited processing power and storage capacity will hinder the growth of mobile augmented reality market in the above-mentioned forecast period.

Now the question is which are the other regions that mobile augmented reality market is targeting? Data Bridge Market Research has estimated Asia-Pacific, the growing region of the market due to the rise in commercial and consumer applications in India, China and Japan.

For more analysis on the mobile augmented reality market request for a briefing with our analysts,

Mobile Augmented Reality Market Scope      

Mobile augmented reality market is segmented on the basis of countries into the U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa.

  • All country based analysis of mobile augmented reality market is further analyzed based on maximum granularity into further segmentation. On the basis of type, the mobile augmented reality market is segmented into markerless, marker-based and anchor-based. On the basis of offering, the mobile augmented reality market is segmented into MAR software and MAR services. On the basis of device type, the mobile augmented reality market is segmented into tablets, smartphones, personal digital assistants (PDAs)/handheld gaming consoles, and other device. On the basis of application, the mobile augmented reality market is segmented into aerospace and defense, consumer, healthcare, enterprise, commercial and others.
  • Augmented reality (AR) refers to the merging of the real-world environment with computer-generated or virtual information, text, display, and sound in order to enhance the integration of the real-world environment. Augmented reality is a technique that takes an existing real-time environment and enhances it with new music, effects, and images for the improvement of user experience and effects.

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 Key Pointers Covered in the Mobile Augmented Reality Market Industry Trends and Forecast to 2028

  • Market Size
  • Market New Sales Volumes
  • Market Replacement Sales Volumes
  • Market Installed Base
  • Market By Brands
  • Market Procedure Volumes
  • Market Product Price Analysis
  • Market Cost of Care Analysis
  • Market Shares in Different Regions
  • Recent Developments for Market Competitors
  • Market Upcoming Applications
  • Market Innovators Study

Key Market Competitors Covered in the Report

  • Google
  • Microsoft
  • PTC
  • Wikitude GmbH
  • Magic Leap, Inc.
  • Zugara, Inc.
  • Upskill
  • MAXST Co., Ltd.
  • Atheer, Inc
  • Pristine Inc.
  • Marxent
  • Inglobe Technologies
  • Ultrahaptics Ltd
  • Qualcomm Technologies, Inc.
  • Catchoom Technologies S L
  • Sony Mobile Communications Inc.
  • Apple Inc.
  • Meta View, Inc.
  • Infinity Augmented Reality Ltd.
  • SMARTsurg
  • Dynabook Americas, Inc.
  • RealWear, Inc.
  • Epson America, Inc.

Above are the key players covered in the report, to know about more and exhaustive list of mobile augmented reality companies’ contact us,

Research Methodology of Global Mobile Augmented Reality Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

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