Top Factors Driving the Augmented Reality Market 2019 | Top Key Players – Magic Leap, Google, Microsoft, Wikitude | Forecast to 2023

This report provides in-depth study on the current state of the Global Augmented Reality Market 2019-2023. Key players in the Global Augmented Reality Market have been identified through the secondary research and their market share has been determined through primary and secondary research. These include a study of annual and financial reports of top players and extensive interviews of leaders including CEOs, directors, and marketing executives.

Global Augmented Reality Market Overview:

The Global Augmented Reality Market has also suffered a certain impact, but still maintained a relatively optimistic growth, the past four years, Augmented Reality Market size to maintain the average annual growth rate of 55.66% from US$ 1140 Million in 2014 to US$ 4300 Million in 2018, market analysts believe that in the next few years, Augmented Reality market size will be further expanded, we expect that by 2023, The market size of the Augmented Reality will reach US$ 39426 Million.

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According to the market reports analysis, the Augmented Reality (AR) refers to indirect view of physical environment whose elements are augmented with inputs such as sound, video or graphics. Augmented Reality (AR) is responsible for transforming the world of education and healthcare with its various applications. Increasing penetration of technological advancements in retail, automotive, consumer electronics is driving the growth of Augmented Reality Market.

The Global Augmented Reality Market is segmented on the basis of Type, End-Use Industry and Region. Based on the Type, the Global Augmented Reality Market is sub-segmented into Head-Mounted Display, Head-Up Display, Handheld Device and others. On the basis of End-Use Industry, the Global Augmented Reality Market is classified into Consumer, Commercial, Enterprise, Medical, Aerospace & Defense and others.

In terms of the geographic analysis, North America dominated the overall market in 2017, due to rapid adoption of new technology by the masses and presence of several Augmented Reality companies. United States is a major contributor to the growth of the Augmented Reality Market in North America. However, APAC is expected to witness the highest growth rate during the forecast period, owing to rise in adoption of technologically advanced solutions, increase in application areas among end-use industries, and surge in penetration of smartphones in the emerging economies such as China and India.

Latest Industry News:

Magic Leap (June 11, 2019) – CNN Offers Interactive Mixed Media Spatial Storytelling on Magic Leap One – Today CNN has expanded the capabilities of the CNN app on Magic Leap One, introducing interactive mixed media spatial storytelling. Expanding the power to “go there,” this robust application delivers a deeper, more captivating experience by combining the best of CNN’s award winning video storytelling with compelling 3-D interactive elements, bringing stories to life in entirely new ways.

This first of its kind bespoke spatial stories launching on the CNN App, CNN is diving into the Thai cave rescue by combining a collection of CNN news coverage with interactive explainer elements. This interactive experience helps users understand first-hand how and why the kids became trapped and the challenges surrounding their rescue.

Key features of the Thai cave rescue spatial storytelling experience include the capability to explore the terrain of the cave, hover over the timeline and see an animation of the rescue process, plus the ability to go inside the cave to experience how narrow it was.

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Top Leading Key in Players Global Augmented Reality Market: Google, Microsoft Corporation, PTC, Wikitude Gmbh, Magic Leap, Osterhout Design Group, Daqri Llc, Zugara and others. New product launches and continuous technological innovations are the key strategies adopted by the major players.

With the presence of a large pool of participants, the Global Augmented Reality Market is displaying a highly competitive business landscape, finds a new research report by Business Industry Reports (BIR). Google, Microsoft Corporation, PTC, Wikitude Gmbh, Magic Leap, Osterhout Design Group, Daqri Llc, Zugara are some of the key vendors of Augmented Reality across the world. These players across Augmented Reality Market are focusing aggressively on innovation, as well as on including advanced technologies in their existing products.

Region segment: Augmented Reality Market report is segmented into several key regions, with sales, revenue, market share (%) and growth Rate (%) of Augmented Reality in these regions, from 2013 to 2023 (forecast), covering: North America, Europe, Asia Pacific, Middle East & Africa and South America

In the end, this report covers data and information on capacity and production overview, production, market share analysis, sales overview, supply, sales, and shortage, import, export and consumption as well as cost, price, revenue and gross margin of Augmented Reality Market.

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Major Points in Table of Contents:

Global Augmented Reality Market Report 2019

1 Augmented Reality Definition

2 Global Augmented Reality Market Major Player Share and Market Overview

2.1 Global Major Player Augmented Reality Business Revenue

2.2 Global Augmented Reality Market Overview

3 Major Player Augmented Reality Business Introduction

3.1 Google, Inc. Augmented Reality Business Introduction

3.2 Microsoft Corporation Augmented Reality Business Introduction

3.3 Ptc, Inc. Augmented Reality Business Introduction

3.4 Wikitude Gmbh Augmented Reality Business Introduction

3.5 Magic Leap, Inc. Augmented Reality Business Introduction

3.6 Osterhout Design Group Augmented Reality Business Introduction

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