Press release
Extended Reality Market to Witness Growth Acceleration during 2019-2030 - Qualcomm Technologies, HP Reveal, Accenture
Extended Reality Market
The growth of the extended reality market can be attributed to several factors, which have led to its wide-scale adoption.Continuous advancements in technology,expansion of the gaming industry, and increasing adoption of augmented & virtual reality solutions in education and rising investments in AR & VR, among others, are anticipated to further contribute to the growth of the market during the forecast period.However,technological complexities in the implementation process coupled with cost and slow growth in underdeveloped economies are likely to restrain growth of the market to a certain extent.
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Major Key Players of the Extended Reality Market are:
Qualcomm Technologies, HP Reveal, Accenture, Dassault Systčmes SolidWorks Corporation, Agile Lens, TATA ELXSI, Northern Digital, SoftServe, AugRay, and Mirari LLC, among others.
To obtain better insights into the market scenario, prominent players are increasingly focusing on collaborative initiatives with several institutes, research centers, and companies. For instance, in June 2019, Qualcomm Technologies, Inc., made a joint demonstration with ZTE,on 5G-powered cloud gaming on a live 5G network. The demonstration utilized the cloud gaming solutions from Tencent Instant Play on 5G smart phones of OnePlus, Vivo, Xiaomi and ZTE. The demonstration was aimed to establish that console-quality mobile gaming experiences are achievable over live 5G networks and showed the immense growth opportunity for cloud-gaming ecosystem.
Technological advancements in XR technologies such as augmented & virtual reality solutions is expected to attract significant revenue in the extended reality market globally. For instance, in Sept 2019, Qualcomm Technologies launched the Qualcomm XR enterprise program to accelerate innovation in extended reality (XR). This programs aims to bring XR technologies based on Qualcomm Snapdragon XR Platforms together with enterprise solution providers,to collaborate, innovate and enhance the adoption of AR and VR across various industries. Few of these industries include manufacturing, energy, healthcare, aerospace, education, insurance, and retail, among others.
Major Types of Extended Reality Market covered are:
Mobile XR
PC-tethered XR
Major Applications of Extended Reality Market covered are:
Consumer
Commercial
Healthcare
Aerospace & Defense, and Automotive
Research objectives:-
- To study and analyze the global Extended Reality consumption (value & volume) by key regions/countries, product type and application, history data.
- To understand the structure of the Extended Reality market by identifying its various sub-segments.
- Focuses on the key global Extended Reality manufacturers, to define, describe and analyze the sales volume, value, market share, market competitive landscape, SWOT analysis, and development plans in the next few years.
- To analyze the Extended Reality with respect to individual growth trends, future prospects, and their contribution to the total market.
- To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
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Table of Content
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.5 Market by Application
1.6 Study Objectives
1.7 Years Considered
2 Global Growth Trends
2.1 Extended Reality Market Size
2.2 Extended Reality Growth Trends by Regions
2.3 Industry Trends
3 Market Share by Key Players
3.1 Extended Reality Market Size by Manufacturers
3.2 Extended Reality Key Players Head office and Area Served
3.3 Key Players Extended Reality Product/Solution/Service
3.4 Date of Enter into Extended Reality Market
3.5 Mergers & Acquisitions, Expansion Plans
4 Breakdown Data by Product
4.1 Global Extended Reality Sales by Product
4.2 Global Extended Reality Revenue by Product
4.3 Extended Reality Price by Product
5 Breakdown Data by End User
5.1 Overview
5.2 Global Extended Reality Breakdown Data by End User
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In the end, Extended Reality industry report specifics the major regions, market scenarios with the product price, volume, supply, revenue, production, and market growth rate, demand, forecast and so on. This report also presents SWOT analysis, investment feasibility analysis, and investment return analysis.
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