The latest report on the AR market has been published and shows promise for the future. The study, titled “Global Augmented Reality Market Insights, Forecast to 2025” offers professional and in-depth analysis of the current state of the AR market and focuses on the industry value, price, cost, and gross profit. It offers a prediction up to 2025 and it covers all the important market parameters as well as factors that will influence the market over the next few years. The report is a valuable source of guidance for investors planning on investing in the AR industry.
The study reveals the top players in the industry and companies that have already shown interest in the development of augmented reality. These industries already have established brands in other areas and if they invest in the AR market, it will boost their brands even further. These companies include Google, Microsoft, Vuzix, Samsung Electronics, Oculus VR, Eon Reality, Infinity Augmented Reality, Magic Leap, Blippar, Daqri, HTC, Playstation, Avegant, OSVR, Zeiss, Visus, FOVE, and StarVR. The report provides company profiles, product pictures and specifications, capacity, production, cost, revenue, and contact details of each of these companies.
The report displays the sales volume, revenue (in US Dollars), product price, market share, and growth rate of the industry. It is further split into two categories: product type and application type. Product type discusses the AR products that will propel the AR market in the future and includes augmented reality glasses and augmented reality display. Application type discusses the growth rate for each application and in which industries AR technology will receive the most growth. These include gaming, medical, aerospace, and defense. Other industries will also experience a growth in AR application as the technology continues to grow and develop.
The report aims to give clarity on the status of the AR market on an international as well as a regional level. The geographical locations that are analyzed on a regional level include Asia-Pacific, Europe, North America, South America, the Middle East, and Africa. The Asia-Pacific AR industry already accounted for over 19% in 2015 and continued to grow at a CAGR of 80% from 2016. It is said that this growth will continue until 2024. The reason for this specific growth is due to the fast-growing mobile AR industry in China.
The report contains vital information about the growth of the market in the years to come as well as which factors will influence the future status of the market. It discusses several points of interest like the foremost recent advanced technologies adopted by augmented reality, how recent trends influence the future growth of the market, what key methods are employed by players and important suppliers that are expected to contribute to the expansion of the AR market, which resources attract investors to other regions, and how does the historical price compare to the expected forecast price.
January 16, 2019