The report aims at estimating the market size and future growth potential of Augmented Reality and Virtual Reality market across different segments such as type, application and geography. The base year considered for the study is 2022, and the market size is forecast from 2023 to 2029.
The global Augmented Reality and Virtual Reality market size in 2022 is $million US dollars, and it is expected to be 139343560.0 million US dollars by 2029, with a compound annual growth rate of 69.00% expected in 2023-2029.
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The research methodology used to estimate and forecast the Augmented Reality and Virtual Reality market begins by capturing data on key market player revenues through secondary research. The bottom-up procedure has been employed to arrive at the overall market size, by considering the revenue of key players in the market. After arriving at the overall market size, the total market has been split into several segments and sub-segments, which has been verified through primary research by conducting extensive interviews with key people such as industry experts, executives. This data triangulation and market breakdown procedures have been employed to complete the overall market engineering process and arrive at the exact statistics for segments and sub-segments.
This report provides the integrated ecosystem of the Augmented Reality and Virtual Reality market which offers holistic view of current demand and vendor side market. The research study answers several significant questions, primarily which market segments to focus on in next two to five years to prioritize factors such as resource effort, and investment.
Key Target audience:
Augmented Reality and Virtual Reality Manufacturers and Suppliers
Research and Development (R&D) Companies
Business Research and Consulting Service Providers
Research Organizations
Academic Centers and Universities Associations and Industrial Bodies
Technology Investors
The storage market is cold, and advanced technologies continue to develop.
With the rising inflation and weak demand in the terminal market, especially the decline in demand for PC and mobile phone terminal products affected by consumer spending, the growth expectation of the consumer storage market is lowered. In addition, the reduction of investment in data centers by technology giants such as Microsoft and Amazon will put downward pressure on the commercial storage market.
Although the consumer storage market will be cold, the market demand for applications such as automobiles is strong. With the substantial increase in sales of new energy vehicles, the amount of storage products required for bicycles will be greatly improved, especially after introducing other intelligent technologies such as ADAS and autonomous driving.
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Different from the “uneven heat and cold” in various storage markets, major storage manufacturers have been trying and breaking through in the technical process. For example, in the field of DRAM, Micron’s fifth-generation 10nm DRAM product (1? DRAM) has been sent to its partners for verification. Once the product is mature, it will be put into mobile phones, computers, servers, automobiles and other markets one after another.
In the field of NAND Flash, Micron’s first 232-layer NAND product in the world has been mass-produced and is being supplied to PC OEM customers around the world; SK Hynix 238-layer 512Gb TLC 4D NAND flash memory is expected to be put into mass production in the first half of 2023. Samsung’s plan is even bolder, claiming that it will realize 1,000 layers of V-NAND by 2030.
Highlights-Regions
North America
United States
Canada
China
Asia Pacific (Excluding China)
Japan
Korea
Southeast Asia
India
Australia
EMEA
Europe
Germany
France
UK
Italy
Russia
Nordic
Middle East
Africa
Latin America
Brazil
Argentina
Mexico
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Player list
Google (US)
Sony Corporation (Japan)
Apple Inc. (US)
Samsung (South Korea)
Microsoft (US)
HTC Corporation (Taiwan)
Oculus (US)
PTC (US)
Seiko Epson Corporation (Japan)
Lenovo (China)
Wikitude (Austria)
Blippar Group Limited (UK)
MAXST CO., Ltd. (South Korea)
EON Reality (US)
Uil VR Solutions BV(US)
CyberGlove Systems Inc. (US)
Nintendo (Japan)
Types list
Augmented Reality
Head-mounted Displays
Head-up Displays
Virtual Reality
Head-mounted Displays
Gesture-tracking Devices
Projectors and Display Walls
Application list
Consumer Electronics
Media & Entertainment
Healthcare
Retail
Aerospace & Defence
Automotive
BFSI
IT & Telecommunication
Manufacturing
Education
Travel & Tourism
Real Estate
Key questions answered in the Market are:
● What are the market trends and drivers in the industry?
● What are the key challenges faced by the market in the forecast period?
● What is the competitive landscape of the market?
● What are the market opportunities and threats faced by the vendors in the industry?
● What are the market segments that are expected to show growth during the forecast period?
● What are the important technological advancements in the market?
● What are the strategies adopted by the leading players to maintain their position in the market?
● What are the regional markets that are expected to show growth in the industry?
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