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Jul 28, 2017 10:50 AM ET

Augmented Reality Market by Offering, Device Type, Application & Geography – Global forecast to 2023

iCrowdNewswire - Jul 28, 2017

The “Augmented Reality Market – Global forecast to 2023” report has been added to Research and Markets’ offering.

The augmented reality market was valued at USD 2.39 billion in 2016 and is expected to reach USD 61.39 billion by 2023, growing at a CAGR of 55.71% during the forecast period.

The increasing demand for AR devices and applications in medical, increase in demand for AR in the retail and e-commerce, and rising investment in the augmented reality market are the major drivers for the augmented reality market. The limited UI (user interface) affecting the navigation performance of augmented reality applications, limited processing power, less storage, and restricted size of the memory card in mobile phones, and varied infrastructure quality of digital network will restrain the growth of AR.

With advancements in computing, AR-enabled devices would be used for applications in consumer, commercial, and enterprise. Consumer applications such as gaming, sports, and entertainment would boost the augmented reality market for head-mounted displays. The use of head-mounted displays in the aerospace and defense sector helps pilots of helicopters and captains of ships in the air force and navy to target and view enemy’s operations with a greater ease. The use of head-mounted displays in applications such as e-commerce and marketing would boost the AR market for HMDs.

Companies Mentioned

– Apple Inc.
– Atheer Inc.
– Blippar
– Catchoom Technologies
– Daqri LLC
– Embitel Technologies
– Eon Reality
– Facebook Corporation
– Google Inc.
– Infinity Augmented Reality Inc.
– Inglobe Technologies
– Jabil Optics
– Magic Leap Inc.
– Marxent Labs LLC
– Meta Company
– Microsoft Corporation
– Osterhout Design Group
– Pristine Inc.
– PTC Inc.
– Samsung Electronics Co. Ltd.
– Scope AR
– Ubimax GmbH
– Upskill
– Wikitude GmbH
– Zugara Inc.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Augmented Reality Market, By Type (Qualitative)

7 Augmented Reality Market, By Technology (Qualitative)

8 Augmented Reality Market, By Offering

9 Augmented Reality Market, By Device Type

10 Augmented Reality Market, By Application

11 Augmented Reality Market, Geographical Analysis

12 Competitive Landscape

13 Company Profiles

For more information about this report visit https://www.researchandmarkets.com/research/8mfjnz/augmented_reality

Contact Information:

Research and Markets,
Laura Wood,
Senior Manager.
press@researchandmarkets.com
Fax from USA: 646-607-1907
Fax from rest of the world: +353-1-481-1716
Related Topics: Virtual and Augmented Reality (https://www.researchandmarkets.com/categories.asp?cat_id=854&campaign_id=8mfjnz)

Via iCrowdNewswire
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