(Companies: Sony, Oculus, Samsung Electronics, HTC and Google)
The global augmented reality devices market was valued at about $2.53 billion in 2018. The North American market is the largest market for Augmented Reality Devices and is expected to continue to be the largest market during the forecast period.
The augmented reality devices market consists of sales of augmented reality devices and related services. Augmented reality devices provide an interactive experience of real-world environment by integrating digital visual content and audios into the real-world environment. Augmented reality devices include head-up displays, holographic displays, smart glasses and others.
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The global augmented reality devices market is expected to grow to $9.78 billion at a rate of about 40.3% through 2022. The increasing use of augmented reality (AR) devices in the medical field is driving growth in the AR devices market. AR devices are increasingly being used by surgeons for pre-surgical planning. Surgeons can create 2D or 3D images of patient anatomy and overlay them on to the patient’s body for accurate surgical planning.
Concerns regarding data privacy are expected to act as a restraint on the augmented reality devices market as these devices collect personal data such as location, images and videos of surroundings.
Augmented reality devices manufacturers are increasingly investing in the integration of augmented Reality (AR) and virtual reality (VR) technologies. Combination of virtual and augmented reality enables users to both see and interact with digital content at the same time. For instance, Spatial, an augmented reality company has developed a platform to enable interactive conference call, where the users can interact with their surroundings without any physical presence. With the combination of AR and VR technology, the users of the application can also witness pin boards and whiteboards.
Major players in the market are Sony, Oculus, Samsung Electronics, HTC and Google. Oculus VR is an American technology company founded by in July 2012 in Irvine, California, now based in Menlo Park. It specializes in virtual reality hardware and software products.
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Few Points From Table Of Contents:
1. Executive Summary
2. Augmented Reality Devices Market Characteristics
3. Augmented Reality Devices Market Size And Growth
3.1. Global Augmented Reality Devices Historic Market, 2014 – 2018, $ Billion
3.1.1. Drivers Of The Market
3.1.2. Restraints On The Market
3.2. Global Augmented Reality Devices Forecast Market, 2018 – 2022F, 2025F, 2030F, $ Billion
3.2.1. Drivers Of The Market
3.2.2. Restraints On the Market
4. Augmented Reality Devices Market Segmentation
4.1. Global Augmented Reality Devices Market, Segmentation By Type, Historic and Forecast, 2014-2018, 2022F, 2025F, 2030F, $ Billion
Head-Mounted Display (HMD)
Head-Up Display (HUD)
4.2. Global Augmented Reality Devices Market, Segmentation By Application, Historic and Forecast, 2014-2018, 2022F, 2025F, 2030F, $ Billion
Aerospace And Defense
5. Augmented Reality Devices Market Regional And Country Analysis
5.1. Global Augmented Reality Devices Market, Split By Region, Historic and Forecast, 2014-2018, 2022F, 2025F, 2030F, $ Billion
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