Augmented Reality and Virtual Reality Market - Global

Forecast to 2022

by Device Type (HMD, HUD, Handheld Device, Gesture Tracking,

Projector and Display Wall), Component (Sensor, Display, Camera,

and Software), Vertical, and Geography

ASDR-274091

Market growth forecast

• The global augmented reality market was valued at USD 2.35 billion in 2015 and

is estimated to reach USD 117.40 billion by 2022, at a CAGR of 75.72% between

2016 and 2022. The market for virtual reality technology was valued at USD 1.37

billion in 2015 and is projected to reach USD 33.90 million by 2022, at a CAGR of

57.84% between 2016 and 2022. The virtual reality technology comprises 3D

artificial environment, in which a user can interact with the virtual world. This

technology is used in various applications such as gaming, entertainment, and for

simulation and training purposes in aerospace & defense, medical, industrial,

commercial, and consumer verticals. The estimated growth rate of AR technology

is higher than VR technology due to the interest shown by many established

players.

The major key players offering various products in the augmented reality and virtual reality market include

• Google, Inc. (U.S.), Oculus VR LLC (U.S.), Microsoft Corporation (U.S.), Samsung

Electronics Co. Ltd. (South Korea), Qualcomm Inc. (U.S.), Infinity Augmented

Reality Inc. (Israel), Blippar.Com Limited (U.K.), DAQRI LLC (U.K.), Osterhaut

Design Group (U.S.), Magic Leap Inc. (U.S.), and Metaio GmbH (U.S.), Meta

Company (U.S.), Vuzix Corporation (U.S.), CyberGlove Systems Inc. (U.S.), and

Eon Reality Inc. (U.S.).

Reasons To Buy the Report

• This report includes the market statistics pertaining to technology, component,

device type, vertical, and geography, along with their respective revenue.

• The Porter’s five forces framework has been utilized along with the value chain

analysis to provide an in-depth insight into the augmented reality and virtual

reality market.

• Major drivers, restraints, challenges, and opportunities for the augmented reality

and virtual reality market have been detailed in this report.

• Illustrative segmentation, analysis, and forecast for markets based on

technology, component, device type, vertical, and geography have been

conducted to give an overall view of the augmented reality and virtual reality

market.

• A detailed competitive landscape includes key players, in-depth analysis, and

revenue of key players.

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