Two AREA members named in Worldwide Augmented Reality Market

AR Market Global Forecast to 2023

A research report named ‘Worldwide Augmented Reality Market’ was summarised on The Future Technologies last month. The AR market is expected to increase by a CAGR of 55.21% before the end of 2023, having being valued at $4.3 billion in 2017, therefore anticipated to reach $60.2 billion in 2023.

Top competitors in the AR market mentioned in the report include:

  • Microsoft Corporation
  • PTC Inc (AREA member)
  • Google Inc
  • Meta Company
  • Atheer Inc (AREA member)
  • Blippar
  • Osterhout Design Group
  • Samsung Electronics Co. Ltd.

Major Product Types of the AR market stated in the report are:

  • Marker-Less Augmented Reality
  • Marker-Based Augmented Reality

Major end-user applications of the AR market mentioned in the report include:

  • Aerospace & defense
  • Consumer
  • Medical
  • Enterprise
  • Commercial

Leading regions of the AR market listed in the report include:

  • Asia-Pacific
  • Europe (second after Asia-Pacific)
  • Latin America
  • The Middle East
  • North America
  • Africa

Information given in the AR market report includes:

  • Major issues in the AR industry
  • Constraining factors of AR
  • Production process of AR
  • Problem-fixing plans for the AR industry
  • Different marketing strategies for uplifting AR market growth
  • Upcoming attitudes, perspectives, and anticipations of the AR market
  • Raw materials for AR
  • End users, traders, dealers, distributors, and manufacturers of AR

Key points covered in the AR market report include:

  • List of companies that are searching for inorganic extension
  • Approaching relation and deep-rooted contracts between key AR manufacturers and raw material suppliers / distributors
  • Success and improvement factors of the AR industry
  • AR strengths, weaknesses, opportunities, and threats
  • Political, economic, social, technological, environmental, and legal analysis of AR
  • AR product capacity, import / export detail, supply-chain analysis, future plans / approaches, gross margin, and various technological developments of top leaders
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