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Sensors in Augmented Reality (AR) & Virtual Reality (VR) Market 2020-26 Segment Analysis

The global market for Sensors in Augmented Reality (AR) & Virtual Reality (VR) Market Ecosystem was valued at US$ 324.0 Mn in 2018 and is expected to reach US$ XX Mn by the end of the forecast period, expanding at a CAGR of 26.20% during the forecast period.

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Sensors in Augmented Reality (AR) & Virtual Reality (VR) Market 2020-26 Segment Analysis

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  1. Sensors in Augmented Reality (AR) & Virtual Reality (VR) Market 2020-26 Segment Analysis, Opportunity Assessment, and Industry Outlook Devices that include AR VR may soon replace mobile computing, owing to their technological superiority. Since 2016, several AR VR-enabled products have been introduced in the market by companies including Google LLC, Sony Corporation, and Oculus VR. Since the acquisition of Oculus, Facebook Inc. has acquired 11 more AR VR companies. The demand for AR VR has witnessed the strongest growth from industries such as retail, consumer, healthcare, aerospace, and military, among others. Owing to the robust growth of the AR VR market, the demand for sensors has also witnessed a good growth trajectory. Earlier, AR VR systems had limited sensor technology, which also limited the achievable levels of presence and immersion. Earlier, sensors also restricted the construction of lightweight AR VR-enabled devices. However, advancements in the field of integrated circuit manufacturing techniques have boosted the capacities of AR VR systems. The global market for Sensors in Augmented Reality (AR) & Virtual Reality (VR) Market Ecosystem was valued at US$ 324.0 Mn in 2018 and is expected to reach US$ XX Mn by the end of the forecast period, expanding at a CAGR of 26.20% during the forecast period. The growing penetration of AR VR-enabled devices has prompted sensor manufacturers to indulge in aggressive research and development activities, to bring out newer sensors and thus, stay on top of the game. For instance, on 7th January 2019, TDK Corporation announced the launch of a complete portfolio of VR sensors, thereby opening the way for a new class of affordable and accurate all-in-one VR solutions. Download Sample Report @ https://www.alltheresearch.com/sample-request/366 Key components include the InvenSense ICM-42688 6-axis motion sensor for HMDs and the InvenSense ICM-42686 6-axis motion sensors for VR controllers, among others. Such developments are expected to contribute to the market growth of Sensors in AR VR in the coming years. Based on applications, the head-mounted displays segment captured a major chunk of the market in 2018 and is likely to display similar trends in the coming years as well. HMDs have found major usage in several areas such as training & simulation and gaming, among others. Gyroscopes, motion sensors, accelerometers, and magnetometers are some of the sensors used in HMD devices. For instance, the combination of magnetometers, gyroscopes, and accelerometers has given superior viewing experiences within the virtual environment. These sensors help achieve the goal

  2. of giving the best viewing experience - the six degrees of experience, also known as 6DOF. The freedom of movement that can be achieved in the 3D space is imperative for virtual reality, allowing for better tracking of the movement of users and amplifying the level of interactivity within the environment. About AlltheResearch: AllTheResearch was formed with the aim of making market research a significant tool for managing breakthroughs in the industry. As a leading market research provider, the firm empowers its global clients with business-critical research solutions. The outcome of our study of numerous companies that rely on market research and consulting data for their decision- making made us realize, that it’s not just sheer data-points, but the right analysis that creates a difference. For all your Research needs, reach out to us at: 39180 Liberty Street Suite 110, Fremont, CA 94538, USA Email: contactus@alltheresearch.com US: 1-888-691-6870

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