Augmented Reality Market size worth USD 225.45 Billion, Globally, by 2030 at 25.35% CAGR: Verified Market Research®
The "Global Augmented Reality Market Size By Component, By Type, By Device-Type, By Application, By Geographic Scope And Forecast" report has been published by Verified Market Research®. The report provides an in-depth analysis of the global Augmented Reality Market, including its growth prospects, market trends, and market challenges.
JERSEY CITY, N.J., Sept. 25, 2023 /PRNewswire/ -- The Global Augmented Reality Market is projected to grow at a CAGR of 25.35% from 2023 to 2030, according to a new report published by Verified Market Research®. The report reveals that the market was valued at USD 29.53 Billion in 2021 and is expected to reach USD 225.45 Billion by the end of the forecast period.
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Browse in-depth TOC on "Augmented Reality Market"
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Augmented Reality (AR) in Healthcare and Beyond: A Market Research Overview
The global Augmented Reality Market is witnessing unprecedented growth, driven by its versatile applications in healthcare, architecture, and retail industries. Market research reveals an optimistic outlook for AR technology adoption, propelled by several key drivers, offering lucrative opportunities for industry players.
Augmented Reality Market Drivers
Augmented Reality Market Outlook
The global AR market is poised for remarkable growth in the coming years. A surge in demand, particularly in the Asia-Pacific (APAC) region, driven by the booming gaming industry, is anticipated. The APAC market is projected to witness the highest growth, making it a key focus area for AR technology development and adoption.
Augmented Reality Market Opportunities
Several key players are at the forefront of the AR market's growth which includes Microsoft Corporation, Wikitude GmbH, Zugara, Inc., Google, Inc., PTC, Inc., Magic Leap, Inc., Daqri LLC, Lenovo, Seiko Epson, and Vuzix.
The future of Augmented Reality is bright, with diverse applications across industries driving its growth. To get market data, market insights, financial statements and a comprehensive analysis of the Global Augmented Reality Market, please Contact Verified Market Research®.
Based on the research, Verified Market Research® has segmented the global Augmented Reality Market into Component, Type, Device-Type, Application, And Geography.
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