The global augmented reality (ar) market size was valued at USD 58,289.1 million in 2023 and projected to grow at CAGR 32.2% during the forecast period 2024-30. It also includes market size and projection estimations for each of the five major regions from 2024 to 2030. The research report includes historical data, trending features, and market growth estimates for the future. Furthermore, the study includes a global and regional estimation and is further split by nations and categories within each region. The research also includes factors and barriers to the Augmented Reality (AR) Market growth, as well as their impact on the market's future growth. The report gives a comprehensive overview of both primary and secondary data.
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The global Augmented Reality (AR) Market segmentation:
1) By Component: Hardware, Software.
2) By Device Type: Head-Mounted Display, Smart Glass (Cinema Display Glasses, XR Glasses), Head-Up Display, Handheld Devices.
3) By End User: Aerospace & Defense, Automotive, Education, E-commerce & Retail, Gaming & Entertainment, Healthcare, Industrial & Manufacturing, Others.
The primary factors of the Augmented Reality (AR) Market drivers are enhanced user experience and growing smartphone and wearable adoption. The Augmented Reality (AR) Market report helps to provide the best results for business enhancement and business growth. It further helps to obtain the reactions of consumers to a novel product or service. It becomes possible for business players to take action for changing perceptions. It uncovers and identifies potential issues of the customers. It becomes easy to obtain the reactions of the customers to a novel product or service. It also enlightens further advancement, so it suits its intended market.
The Augmented Reality (AR) Market research report gives a comprehensive outlook across the region with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. North America was the largest region in the Augmented Reality (AR) Market report, accounting for the highest share in 2022. It was followed by Asia Pacific, and then the other regions.
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The important profiles and strategies adopted by the Augmented Reality (AR) Market key players are Blippar, DAQRI, Google Inc., Microsoft Corporation, PTC, Samsung Electronics Co. Ltd., Wikitude GmbH, Zugara is covered here to help them in strengthening their place in the market.
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