1 / 6

Augmented Reality & Virtual Reality Market

Based on component, the global augmented reality and virtual reality market is divided into data hardware and software, wherein hardware category accounted for largest share in 2020. However, the software category is expected to witness faster growth during the forecast period owing to the increasing demand from media and entertainment industry to meet the evolving needs of the consumers such as that of simulation games which are based out of AR technology.

Research1
Download Presentation

Augmented Reality & Virtual Reality Market

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Augmented Reality & Virtual Reality Market

  2. About VynZ Research… • VynZ Research is a global market research firm offering research, analytics, and consulting services on business strategies. We have a recognized trajectory record and our research database is used by many renowned companies and institutions in the world to strategize and revolutionize business opportunities. The company focuses on providing valuable insights on various technology verticals such as Chemicals, Automotive, Transportation, Energy, Consumer Durables, Healthcare, ICT and other emerging technologies. • VynZ Research has one of the most qualified & experienced analysts, who are constantly tracking the markets and the technologies. The research team has years of proven experience and wide knowledge & understanding of the technology, application, business models, and regulators of the segments and the value chain involved. • A trusted & proven methodology that involves highest quality of primary research, secondary analysis collated & verified through various sources including cross checking with different industry experts. • Serving wide range of customers most of them from Fortune 2000 companies • With a dedicated 24x7 customer helpline our customers can reach for specifying their needs • Developing long term relationship with the clients and satisfying them is one of the crucial notches of the company. VynZ Research aims at gaining and retaining its clients in order to make long term customer relationship.

  3. Augmented Reality & Virtual Reality Market The global augmented reality and virtual reality market are growing at a tremendous pace owing to the mounting demand for AR devices and applications in healthcare, increasing investments in the AR market, and snowflaking demand for AR in the retail and e-commerce sector during the COVID-19 crisis. Furthermore, the ease in availability of VR devices, rising adoption of HMD in various industries, development of technologies, increasing digital platforms, growing penetration of HMDs in the gaming and entertainment sector post-COVID-19 crisis, and massive investment in the VR market will accelerate the growth augmented reality and virtual reality at 50.6% CAGR over the forecast period 2021-2027.

  4. Augmented Reality & Virtual Reality Market Commercial Application is anticipated to grow significantly owing to the advent of the internet and smartphones along with content-based technologies such as AR has enhanced marketing activities. By using AR technology, a purchaser can compare products by daunting them with virtual images of the real world which helps in the decision-making process. Asia-Pacific is anticipated to have the highest CAGR during the forecast period 2021-2027 owing to the adoption of developed technologies and the presence of many display panel manufacturers in the region. Industry verticals such as the healthcare, commercial, and consumer sector are anticipated to grow tremendously as they are adopting AR and VR technologies.

  5. Augmented Reality & Virtual Reality Market The prominent players in the global augmented reality and virtual reality industry include Alphabet Inc., Oculus VR, LLC, Microsoft Corporation, Qualcomm Technologies Inc., Intel Corporation, Himax Technologies Inc., Samsung Electronics Co. Ltd., PTC Inc., and Sony Corporation.

  6. For Sample Report :- https://www.vynzresearch.com/ict-media/augmented-reality-and-virtual-reality-market/request-sample www.vynzresearch.com

More Related