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Augmented Reality Market size forecast to expand at over 75% CAGR up to 2024

Augmented Reality (AR) Market size was over USD 2 billion in 2015, and is expected to grow at 75% CAGR from 2016 to 2024 to exceed USD 175 billion by 2024. Growing demand of in healthcare, architecture, e-commerce and retail sectors will drive revenue in the coming years.<br><br>Request for an in-depth table of contents for this report @ https://www.gminsights.com/request-toc/upcoming/695

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Augmented Reality Market size forecast to expand at over 75% CAGR up to 2024

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  1. Augmented Reality (AR) Market size forecast to expand at over 75% CAGR, to exceed USD 175 billion by 2024: Global Market Insights Inc. Fuel Cell Market size worth $25.5bn by 2024 Low Power Wide Area Network

  2. Regional Analysis of Augmented Reality Market : • U.S augmented reality market share led global revenue in 2015, and is expected to steadily over the forecast timeline. • Asia Pacific is poised to register the highest CAGR owing to the considerable development in countries such as China, India, South Korea and Japan.

  3. Application Analysis of Augmented Reality Market : • By application, the augmented reality industry is segmented into consumer applications, aerospace and defense, medical, commercial and geospatial mining. • The commercial applications such as e-learning, tourism and e-commerce are predicted to exhibit growth due to the penetration of mobile phones, and are predicted to have highest growth rate in the forecast period. • Further, the AR industry is segmented by hardware components into sensors, semiconductor and display devices. In 2015, the handheld display segment accounted for the largest share due to increased number mobile phone users.

  4. Competitive Market Share of Augmented Reality Market : • Key participants are Google Inc., Magic Leap Inc., Microsoft Corp., Blippar, Catchoom, Innovega Inc. • Laster Technologies, MetaioGmbh, Total Immersion and Samsung Electronics Co. • AR market share can be consolidated by providing innovative, reliable and new product launches as a key strategy in the forecast period.

  5. Browse Full Market Research Report On Augmented Reality Market @ https://www.gminsights.com/industry-analysis/augmented-reality-ar-market Request for an in-depth table of contents for this report @ https://www.gminsights.com/request-toc/upcoming/695

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