1h Free Analyst Time
The augmented reality and virtual reality market is forecasted to grow by USD 641.24 billion during 2024-2029, accelerating at a CAGR of 51.8% during the forecast period. The report on the augmented reality and virtual reality market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing demand for AR and VR technology, innovative AR and VR product launches, and increasing number of mergers and acquisitions activities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
The augmented reality and virtual reality market is segmented as below:
By Technology
- AR
- VR
By Application
- Consumer
- Enterprise
By Component
- Hardware
- Software
By End-user
- Aerospace and defense
- Consumer
- Commercial
- Enterprise
- Others
By Geographical Landscape
- North America
- APAC
- Europe
- Middle East and Africa
- South America
The report on the augmented reality and virtual reality market covers the following areas:
- Augmented Reality And Virtual Reality Market sizing
- Augmented Reality And Virtual Reality Market forecast
- Augmented Reality And Virtual Reality Market industry analysis
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Analysis
3 Market Landscape
4 Market Sizing
5 Historic Market Size
6 Qualitative Analysis
7 Five Forces Analysis
8 Market Segmentation by Technology
9 Market Segmentation by Application
10 Market Segmentation by Component
11 Market Segmentation by End-user
12 Customer Landscape
13 Geographic Landscape
14 Drivers, Challenges, and Opportunity/Restraints
15 Competitive Landscape
16 Competitive Analysis
17 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global augmented reality and virtual reality market: Apple Inc., Elbit Systems Ltd., Google LLC, Hewlett Packard Enterprise Co., HTC Corp., Kopin Corp., Lenovo Group Ltd., Magic Leap Inc., Meta Platforms Inc., Microsoft Corp., NexTech AR Solutions Corp., PTC Inc., Qualcomm Inc., Samsung Electronics Co. Ltd., Sony Group Corp., Toshiba Corp., Varjo Technologies Oy, Vuzix Corp., and Zugara Inc..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is growing funding in startup ar and vr companies from investors."
According to the report, one of the major drivers for this market is the growing demand for ar and vr technology.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Apple Inc.
- Elbit Systems Ltd.
- Google LLC
- Hewlett Packard Enterprise Co.
- HTC Corp.
- Kopin Corp.
- Lenovo Group Ltd.
- Magic Leap Inc.
- Meta Platforms Inc.
- Microsoft Corp.
- NexTech AR Solutions Corp.
- PTC Inc.
- Qualcomm Inc.
- Samsung Electronics Co. Ltd.
- Sony Group Corp.
- Toshiba Corp.
- Varjo Technologies Oy
- Vuzix Corp.
- Zugara Inc.