COVID-19 threat to global Augmented Reality and Virtual Reality (AR and VR) Market 2020

A recent report sated that COVID 19 had posed a threat to the global AR and VR market. Global Augmented Reality and Virtual Reality (AR and VR) Market 2020 by Company, Type and Application, Forecast to 2025 is an in-depth and dedicated scrutiny of the existing stats of the global market that encompasses the numerous factors associated with statistics and the growth of the business.

The report has been structured with thorough market research administered by a team of industry experts, dynamic analysts, skilful forecasters, and well-known researchers. The report talks about all significant global Augmented Reality and Virtual Reality (AR and VR) market viewpoints on the current market status alongside notable information.

Some of the leading players featured in the report include Google, Wikitude GmbH, Sony, Microsoft, PTC, Oculus VR (Facebook), Osterhout Design Group, HTC, Samsung Electronics, Magic Leap, Visteon, Zugara, Daqri, Infinity Augmented Reality, Eon Reality, Continental, Blippar, MAXST, Vuzix, Upskill, Apple, Intel

Market segmentation is by product types: Hardware and Devices, Software and Services

Market segmentation, by applications/end users: Consumer, Enterprise, Healthcare, Aerospace and Defense, Others

The varying scenarios of the overall global Augmented Reality and Virtual Reality (AR and VR) market have been shown in this report. Industry participants can reform their strategies and approaches by examining the market size forecast mentioned in this report.

NOTE: Our analysts monitoring the situation across the globe explains that the market will generate remunerative prospects for producers post COVID-19 crisis. The report aims to provide an additional illustration of the latest scenario, economic slowdown, and COVID-19 impact on the overall industry.

Other reports offer better glimmers of hope and positivity for the market, in unpredictable and ever changing times.

Indeed the pandemic itself has helped some providers innovate further and expand operations:

Pandemic Sees companies surge in use of AR 

AREA members offer pandemic support 

The Short term roles of AI and AR in the post-pandemic digital landscape. 

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