The augmented reality (AR) market is expected to grow by USD 76.99 bn, decelerating at a CAGR of over 32% during the forecast period. Click & Get Free Sample Report in Minutes
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Technavio has announced its latest market research report titled Global Augmented Reality (AR) Market 2020-2024 (Graphic: Business Wire)
The adoption of AR-enabled smart glasses is one of the major factors propelling market growth. However, factors such as the privacy concerns over AR technology will hamper the market growth.
Augmented Reality (AR) Market: Application Landscape
Based on the application, the enterprises segment is expected to post significant growth during the forecast period.
Augmented Reality (AR) Market: Geographic Landscape
By geography, APAC is going to have a lucrative growth during the forecast period. About 32% of the market’s overall growth is expected to originate from APAC. China and Japan are the key markets for Augmented Reality (AR) in APAC.
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Related Reports on Information Technology Include:
Automotive Augmented Reality and Virtual Reality Market by Technology and Geography - Forecast and Analysis 2020-2024: The automotive augmented reality and virtual reality market size has the potential to grow by USD 4384.62 million during 2020-2024, and the market’s growth momentum will accelerate during the forecast period.
Extended Reality Market by Application and Geography - Forecast and Analysis 2020-2024: The extended reality market size has the potential to grow by USD 176.74 billion during 2020-2024. The market’s growth momentum will decelerate during the forecast period because of the decline in year-over-year growth.
Samsung Electronics Co. Ltd.
What our reports offer:
Market share assessments for the regional and country-level segments
Strategic recommendations for the new entrants
Covers market data for 2019, 2020, until 2024
Market trends (drivers, opportunities, threats, challenges, investment opportunities, and recommendations)
Strategic recommendations in key business segments based on the market estimations
Competitive landscaping mapping the key common trends
Company profiling with detailed strategies, financials, and recent developments
Supply chain trends mapping the latest technological advancements
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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Key Topics Covered:
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
2.2 Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
Market segmentation analysis
PART 04: MARKET SIZING
Market sizing 2019
Market size and forecast 2019-2024
PART 05: FIVE FORCES ANALYSIS
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
PART 06: MARKET SEGMENTATION BY APPLICATION
Market segmentation by application
Comparison by application
Enterprise - Market size and forecast 2019-2024
Retail - Market size and forecast 2019-2024
Healthcare - Market size and forecast 2019-2024
Media and entertainment - Market size and forecast 2019-2024
Education - Market size and forecast 2019-2024
Other applications - Market size and forecast 2019-2024
Market opportunity by application
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
North America - Market size and forecast 2019-2024
APAC - Market size and forecast 2019-2024
Europe - Market size and forecast 2019-2024
South America - Market size and forecast 2019-2024
MEA - Market size and forecast 2019-2024
Key leading countries
PART 09: DECISION FRAMEWORK
PART 10: DRIVERS AND CHALLENGES
PART 11: MARKET TRENDS
Increasing AR integration in mobile devices
Growing number of acquisitions and partnerships
PART 12: VENDOR LANDSCAPE
PART 13: VENDOR ANALYSIS
Market positioning of vendors
Samsung Electronics Co. Ltd.
PART 14: APPENDIX
List of abbreviations
Definition of market positioning of vendors
PART 15: EXPLORE TECHNAVIO
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
View source version on businesswire.com: https://www.businesswire.com/news/home/20210118005507/en/