Augmented Reality Market Reports: Top Vendors, Applications & Outlook January 2017

This summary brings our readers some of the most relevant Augmented Reality market reports of the week.

The first report, by Satprnews talks about the international mobile augmented reality and virtual reality apps market growing 74.4% CAGR. The AR mobile device market is expected to grow 78% CAGR by 2020. The report covers the growth prospects and present scenario of the global mobile augmented and virtual reality app industry.

Some of the top vendors highlighted in this report were: Apple, Qualcomm, Rockwell, Collins, Sensics and Technical Illusions

Some main facts taken from this report are:

• High penetration of AR technology in advertising sector
• There is lack of interoperability of mobile AR and VR apps across mobile platforms
• There is a growing collaboration with content providers

The next report released this week by Openpr in concerned with Global Augmented Reality in Healthcare Market by 2024. The main points concluded from this report include:

• Technological advancements and high demand expected to boost market
• Market is expected to be driven by increasing workload of healthcare professionals
• Rise is healthcare expenditure that would drive market growth
• Growth is set to take place in robust healthcare infrastructure like North America and Europe.
• North America expected to dominate the global augmented market.

The final report released this week by Tristate Update talks about the Augmented Reality Market by product, mobile devices, smart glasses, analysis and forecast to 2021. The report has been put together by many industry experts and covers the market landscape and its growth prospects.

The report covers many points such as:

• The market size is calculated by considering revenue which is generated by vendors developing engines, software, and hardware devices
• The report also considers revenue generated by the various sources like paid AR Apps, advertisements with AR Apps.
• Revenue is also generated by AR vendors that develop mobile advertisements for third parties such as PepsiCo and Volkswagen.
• Revenue also comes from vendors developing AR apps for sectors such as healthcare, retail, real estate and industrial and sale of HMDs and Smart Glasses.

Many industry key industry players are noted in this report, however, noted here are the AREA members that featured in this particular market report:

• Atheer Labs
• Catchoom
• DAQRI
• NGRAIN

Other notable key players include: Apple, Aurasma, Blippar, Cinoptics, HTC, Meta, Laster Technologies, Lumus, ODG, Optinvent, Qualcomm, Rockwell Collins.