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According to the latest report by GMI Research, Augmented Reality Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2018-2025. The Augmented Reality Market studies the impact of the COVID-19 pandemic and indicate that the market will grow at a significant rate in 2021, after experiencing an immediate fallout in 2020. In augmented reality, the graphics, sounds, and objects are added into the real world by using the perceptual information generated by computer or multiple sensor modalities. The augmented reality has enhanced the view of the world by combining the real and computer-based scenes and images. The main aim of augmented reality is to offer improved audio-visual experience by implementing computerized simulation and techniques. Few examples of the augmented reality are the game Pokemon Go and Google SkyMap.
Competitive Landscape: The Augmented Reality Market report also scans the competitive landscape and profiles the major players operating in the market, including Seiko Epson Corporation, Catchoom Technologies (Spain), Infinity Augmented Reality Inc., Zugara, Inc., Microsoft, Meta Company, Blipper Inc, Ltd., Acer Inc, Magic Leap, Google, Samsung Electronics Co., Sony Corporation, Osterhout Design Group, ODG, Facebook, DAQRI, ., Dell Inc., Vuzix Corporation, and Total Immersion.
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AR technology is being increasingly applied in entertainment, gaming, marketing, fashion, education sector across the globe. With the increasing integration of AR, mobile devices and social apps have become technological advanced, thereby enhancing the customer engagement. AR Glasses are one of the key trends in the Market for Augmented Reality. The increasing availability and the accelerated adoption of the cloud are the major factors responsible for expanding the augmented reality market size in terms of revenue. The strong demand for AR devices and smart devices is further complementing the growing demand of the Market for Augmented Reality. Augmented Reality is majorly used in Healthcare, Retail & E-commerce, and Architecture sectors. The increasing need for tracking transactions, tracking orders, previous records of sales, are propelling the demand to implement augmented reality in the market.
For further information on these analyses, please visit: https://www.gmiresearch.com/report/global-augmented-reality-market/
Breakup by Application:
Breakup by Type of Device:
· Head-Mounted Display
· Head-Up Display
· Handheld Displays
Breakup by Type of Offer:
Breakup by Region:
· North America
o United States of America
· Asia Pacific
o Rest of APAC
o United Kingdom
o Rest of Europe
o South Africa
o Saudi Arabia
o Rest of the world (remaining countries of the LAMEA region)
About GMI Research
GMI Research is a market research and consulting firm which provides bespoke industry & market research to help businesses in making the toughest business decision. We know the significance of accurate data; that’s why our analyst use tailored methodology to study every market in detail because one size doesn’t fit all. We not only cover the traditional well-established market but also focuses on niche market and markets in the emerging economies, where getting data and information is a challenge. This factor makes us pioneer in emerging market research space. Our syndicate reports cover multiple industries across various regions and countries.
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