Semiconductors and Electronics

Image

Global Augmented Reality Market – Industry Trends and Forecast to 2030

  • Semiconductors and Electronics
  • Upcoming Report
  • Sep 2023
  • Global
  • 350 Pages
  • No of Tables: 60
  • No of Figures: 220

Global Augmented Reality Market, By Type (Marker-Based Augmented Reality and Marker-Less Augmented Reality), Technology (Monitor-Based Technology and Near-Eye-Based Technology), Offering (Hardware and Software), Device Type (Augmented Reality Devices, Head-Up Display and Handheld Device), Application (Consumer, Commercial, Enterprise, Healthcare, Aerospace and Defense, Energy, Automotive and Others) – Industry Trends and Forecast to 2030.

Augmented Reality Market

Augmented Reality Market Analysis and Size

Global augmented reality market  is segmented on the basis of type, technology, Offering, Device Type, and application. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.

Data Bridge Market Research analyses that the global augmented reality market which was USD 39,560 million in 2022, would rocket up to USD 59,7640 million by 2030, and is expected to undergo a CAGR of 39.8% during the forecast period. This indicates the market value. “Positive Displacement” dominates the type segment of the global augmented reality market due to their sports and fitness segment is expected to dominate the market as due to continuous increasing adoption of wearable electronic devices for sports and fitness in the order to enhanced sports, fitness, and well-being by monitoring physiological conditions of wearers. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

Augmented Reality Market Scope and Segmentation

Report Metric

Details

Forecast Period

2023 to 2030

Base Year

2022

Historic Years

2021 (Customizable to 2015-2020)

Quantitative Units

Revenue in USD Million, Volumes in Units, Pricing in USD

Segments Covered

By Type (Marker-Based Augmented Reality and Marker-Less Augmented Reality), Technology (Monitor-Based Technology and Near-Eye-Based Technology), Offering (Hardware and Software), Device Type (Augmented Reality Devices, Head-Up Display and Handheld Device), Application (Consumer, Commercial, Enterprise, Healthcare, Aerospace and Defense, Energy, Automotive and Others)

Countries Covered

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

Market Players Covered

Atheer, Inc. (U.S.), Augmate Corporation (U.S.), Hewlett-Packard Development Company. L.P. (U.S.), Blippar (U.S.), Catchoom (Spain), DAQRI (U.S), EON Reality Inc. (U.S.), Immerseport (U.S.), Infinity Augmented Reality Ltd (Israel), Inglobe Technologies (Italy), JBK Consulting (U.S.), Kudan (Japan), Magic Leap, Inc. (U.S.), Marxent Labs LLC (U.S.), Mortar Studios (Australia), PTC, Inc. (U.S), Pristine Inc. (U.S.), Re’flekt GmbH (Germany), Scope AR (U.S.), Ubimax GmbH (Germany), Upskill (U.S.), Viewar GmbH (Germany), Wear S.R.L. (Italy), Wikitude GmbH (Germany) and Zugara, Inc  (U.S.)

Market Opportunities

  • Advanced sensor technology
  • Internet of Things (IoT) integration
  • Wireless and portable solutions

Market Definition

Augmented reality is a technology that incorporates the digital information with real time user environment. This is done to produce an illusion of the enhanced version of the real world. In other words, augmented reality adds sound, effects, and graphics to enhance the effect and user experience to the existing real time environment. Rising demand for 3D imaging in the healthcare industry is responsible for the unprecedented growth of the augmented reality market. Increasing digitization especially in developing economies coupled with increased focus on the technological advancements in the field of internet of things will further create lucrative and remunerative growth opportunities for the market. Increasing popularity of e-commerce is also responsible for fostering the augmented reality market growth rate.

Global Augmented Reality Market Dynamics

Drivers

  • Enables Communication Between Hardware Devices and the Operating System

Drivers are responsible for translating the instructions from the operating system into a language that the hardware device can understand. Without drivers, the operating system would not be able to communicate with the hardware device and the device would not be able to function

  • Improves the Performance of Hardware Devices

Drivers can improve the performance of hardware devices by optimizing the way that the device interacts with the operating system. For instance, a driver can improve the performance of a graphics card by optimizing the way that the card renders graphics

Opportunities

  • Educational Opportunities

These opportunities can help you to learn new skills and knowledge. They can be found in schools, colleges, and universities, and through online courses and other learning platforms

  • Career Opportunities

These opportunities can help you to advance your career and achieve your professional goals. They can be found in job postings, networking events, and through personal connections

Restraint/Challenge

One of the restraints that the global augmented reality market has faced is the high cost associated with AR technology. The development and implementation of AR systems often require significant investments in hardware, software, and infrastructure. This cost barrier has limited the adoption of AR solutions, especially among small and medium-sized enterprises (SMEs) and individual consumers. Additionally, the complexity of AR technology and the lack of skilled professionals proficient in developing AR applications have also posed challenges for widespread adoption. The development of high-quality AR content requires expertise in computer vision, 3D modeling, and software development, which may be a limiting factor for some businesses.

Recent Development

  • In March 2020, Epson America, Inc., a division of Japan's Seiko Epson Corporation, partnered with 3D HoloGroup (US), a company that specialises in AR software architecture and systems integration, to sell Epson's AR glasses
  • In June 2019, PTC acquired TWNKLS (Netherlands), a provider of practical AR solutions for Industry 4.0, to accelerate the development of AR enterprise apps.
  • In May 2019, Microsoft released the second-generation HoloLens, the HoloLens 2. The HoloLens 2 complete set includes free trials of Unity Pro, Azure credits, and the Unity PiXYZ CAD data plugin. In addition, the company announced Unreal Engine 4 support for HoloLens 2, which will provide customers with a more realistic experience

Global Augmented Reality Market Scope

The laser projection systems market is segmented on the basis of type, component, dimensional type, power range, technology, illumination type, resolution, application, and end-user. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type

  • Marker-Based Augmented Reality
  • Marker-Less Augmented Reality

 Technology 

  • Monitor-Based Technology
  • Near-Eye-Based Technology

Offering

  • Hardware
  • Software

Device Type

  • Augmented Reality Devices
  • Head-Up Display
  • Handheld Device

Application

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

Global Laser Projection Systems Market Regional Analysis/Insights

The global augmented reality market is segmented on the basis of type, technology, offering, device type and application.as referenced above.

The countries covered in the laser projection systems market report are 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.

North America dominates the global augmented reality market and will continue to flourish its trend of dominance during the forecast period. Existence of major key players in this region is fostering the market growth. However, Asia-Pacific will score the highest CAGR for the forecast period owing to the increased application of augmented reality by the various end user verticals.

On the other hand, prevalence of advanced infrastructure and presence of major players in the region will bolster the growth of North America is the global market share. As a result, the factors will be responsible in making North America, the region, to score the highest growth rate in the forecast period. 

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as down-stream and up-stream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

Semiconductor Infrastructure Growth Installed Base and New Technology Penetration

The global augmented reality market also provides you with a detailed market analysis for every country’s growth in healthcare expenditure for capital equipment, installed base of different kinds of products for global augmented reality market , the impact of technology using life line curves, and changes in healthcare regulatory scenarios and their impact on the augmented reality  market. The data is available for the historic period from 2010 to 2020.

Competitive Landscape and  Global Augmented Reality Market Share Analysis

The market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, North America presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, and application dominance. The above data points provided are only related to the company’s  focus related to market.

Some of the major players operating in the global augmented reality market are:

  • Atheer, Inc. (U.S.)
  • Augmate Corporation (U.S.)
  • Hewlett-Packard Development Company. L.P. (U.S.)
  • Blippar (U.S.)
  • Catchoom (Spain)
  • DAQRI (U.S)
  • EON Reality Inc. (U.S.)
  • Immerseport (U.S.)
  • Infinity Augmented Reality Ltd (Israel)
  • Inglobe Technologies (Italy)
  • JBK Consulting (U.S.)
  • Kudan (Japan)
  • Magic Leap, Inc. (U.S.)
  • Marxent Labs LLC (U.S.)
  • Mortar Studios (Australia)
  • PTC, Inc. (U.S)
  • Pristine Inc. (U.S.)
  • Re’flekt GmbH (Germany)
  • Scope AR (U.S.)
  • Ubimax GmbH (Germany)
  • Upskill (U.S.)
  • Viewar GmbH (Germany)
  • Wear S.R.L. (Italy)
  • Wikitude GmbH (Germany)
  • Zugara, Inc  (U.S.)


SKU-

Please fill in the below form for detailed Table of Content

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Please fill in the below form for detailed List of Table

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Please fill in the below form for detailed List of Figure

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Please fill in the below form for Infographics

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Research Methodology:

Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated 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 drop down your inquiry.

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. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Please fill in the below form for Research Methodology

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Customization Available:

Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.

Please fill in the below form for Available Customization

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

FREQUENTLY ASK QUESTIONS

Augmented Reality Market will be worth USD 59,7640 million by 2030.
Augmented Reality Market growth rate is 39.8% during the forecast period.
Enabling Communication Between Hardware Devices and the Operating System & Improves the Performance of Hardware Devices are the growth drivers of the Augmented Reality Market.
Type, component, dimensional type, power range, technology, illumination type, resolution, application, and end-user are the factors on which the Augmented Reality Market research is based.
Epson America, Inc., a division of Japan's Seiko Epson Corporation, partnered with 3D HoloGroup (US), a company that specialises in AR software architecture and systems integration, to sell Epson's AR glasses and PTC acquired TWNKLS (Netherlands), a provider of practical AR solutions for Industry 4.0, to accelerate the development of AR enterprise apps are the latest developments in the Augmented Reality Market.
Free Sample Report

CHOOSE LICENCE TYPE

  • 7000.00
  • 4800.00
  • 3000.00
  • 8000.00
  • 12000.00

Why Choose Us

Industry Coverage

DBMR works across the globe in multiple industries which equip us with knowledge across verticals and provide our clients with insights not only from their industry but how other industries will impact their ecosystem.

Regional Coverage

Coverage of Data Bridge is not restricted to developed or emerging economies. We work across the globe covering the largest array of countries where no other market research or business consulting firm has ever conducted research; creating growth opportunities for our clients in areas which are still unknown.

Technology Coverage

In today’s world, technology drives the market sentiment, so our vision is to provide our clients insights not only for developed technologies but upcoming and disrupting technological changes throughout the product lifecycle by enabling them with unforeseen opportunities in the market which will create disruption in their industry. This leads to innovation and our clients to come out as winners.

Goal Oriented Solutions

DBMR goal is to help our clients achieve their goals through our solutions; hence we formatively create the most appropriate solutions for our client needs, saving time and efforts for them to drive their grand strategies.

Unparallel Analyst Support

Our analysts take pride in our clients’ success. Unlike others, we believe in working along our clients to achieve their goals with 24 hours analyst support determining the correct needs and inspire innovation through service.

Banner

Client Testimonials