Press release
Augmented Reality and Virtual Reality Market Size 2022 To Grow At A CAGR Of 32.5% By 2029, Due To Adoption Of Advanced Technologies For Top Companies, Global Growth till Forecast 2029
The Global Augmented Reality and Virtual Reality Market is forecast to reach USD 190.07 billion by 2029 by rising at a compound annual growth rate (CAGR) of 32.5% throughout the forecast period from 2022 to 2029Augmented Reality and Virtual Reality Market Overview
Strong government funding to support the growth of the AR and VR market, partnerships between manufacturers of augmented reality devices and various service industries, a boom in the usage and demand for virtual reality in e-learning, medical training, and increased demand for virtual reality headsets are the main factors fueling the market's growth.
Recent developments in the markets for augmented reality and virtual reality have an influence on organisations and enterprises. Customers find it easier to utilise digitised products, which is why the majority of firms today have converted to digital augmented reality and virtual reality. Retailers are seeking for methods to make the most of their online presence in response to the increase in digitization and the number of customers engaging in online activities.
The global Augmented Reality and Virtual Reality market report widely offers the latest information about technological developments and market growth forecasts based on the regional landscape.
Get a Free Sample Report, the best You Get!!
https://exactitudeconsultancy.com/reports/7396/augmented-reality-and-virtual-reality-market/#request-a-sample
Industry Development
In February 2022, HTC Vive announced Viveverse, a cross-platform metaverse, which is an open source VR metaverse composed of various interactive worlds, apps, games. It enables the users to travel between various platforms like Vive Sync and Engage.
In January 2022, Sony enhanced its already existing product - VR headset - PSVR headset. Sony claimed to develop a PSVR headset for better experience of virtual reality in PlayStation as the PSVR headset will connect directly into PlayStation 5 console.
Research Methodology:
To calculate the market size, the report considers the revenue generated from the sales of Augmented Reality and Virtual Reality market manufacturers. The revenue created from the sales of Augmented Reality and Virtual Reality Market has been calculated through primary and secondary research.
The market size assessment also considered leading players revenues as part of triangulation the key players considered are Google, PTC, Apple, Sony, Samsung Electronics, Microsoft, HTC, Oculus, Seiko Epson, Lenovo, Wikitude, Magic Leap, Blippar, Upskill, MAXST, EON Reality, Vuzix, CyberGlove Systems, Leap Motion, and Sixense Enterprises and Others.
The Augmented Reality and Virtual Reality Market has been segmented as below:
Augmented Reality and Virtual Reality Market by Technology, 2020-2029, (USD Million)
Augmented Reality
Marker-Based
Marker less
Anchor-Based
Virtual Reality
No immersive
Semi- and Fully Immersive
Augmented Reality and Virtual Reality Market by Offering, 2020-2029, (USD Million)
Hardware
Software
Augmented Reality and Virtual Reality Market by Application, 2020-2029, (USD Million)
Consumer
Aerospace & Defense
Healthcare
Commercial
Enterprise
Request Full Report: https://exactitudeconsultancy.com/reports/7396/augmented-reality-and-virtual-reality-market/
Augmented Reality and Virtual Reality Market: Regional Analysis
Geographically, this report is segmented into several key countries, with market size, growth rate, import and export of Augmented Reality and Virtual Reality market in these countries, which covering North America, U.S., Canada, Europe, UK, Germany, France, Spain, Italy, ROE, Asia Pacific, China, India, Japan, Australia, South Korea, RoAPAC, Latin America, Brazil, Mexico and Rest of the World.
Geographically, the market is dominated by APAC, North America and Europe.
More Reports:
https://exactitudeconsultancy.com/reports/6368/face-mask-market/
https://exactitudeconsultancy.com/reports/6474/stretchable-electronics-market/
https://exactitudeconsultancy.com/reports/6648/behavioural-mental-health-software-market/
https://exactitudeconsultancy.com/reports/6808/poultry-processing-equipment-market/
https://exactitudeconsultancy.com/reports/7010/food-and-beverage-processing-equipment-market/
Major Key areas that have been focused on in the report:
Raw material supply analysis
Major trends noticed in the Global Augmented Reality and Virtual Reality Market
Market Geographic limitations, and pricing issues
Distribution, scheduling, performance, and supplier requirements
Growth opportunities that may emerge in the industry in the upcoming years
In-depth value chain analysis
Sustainability trends and environmental concerns
Market Gap and Opportunities
Global Market Growth Drivers, Opportunities, and Constraints.
Grab Latest Press Release: https://exactitudeconsultancy.com/post/augmented-reality-and-virtual-reality-market-growth/
Reasons to Buy this Report:
Gain comprehensive insights on the industry trends
Identify industry opportunities and key growth segments
Obtain complete market study on the Augmented Reality and Virtual Reality market
Connect Us:
PHONE NUMBER +1 (704) 266-3234
EMAIL ADDRESS: sales@exactitudeconsultancy.com
About Us
Exactitude Consultancy is a market research & consulting services firm which helps its client to address their most pressing strategic and business challenges. Our market research helps clients to address critical business challenges and also helps make optimized business decisions with our fact-based research insights, market intelligence, and accurate data.
LinkedIn: https://www.linkedin.com/company/exactitudeconsultancy/
Twitter: https://twitter.com/ExactitudeCons
You Tube: https://www.youtube.com/channel/UCts2fMbshxihDcnv2yRtvBg
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Augmented Reality and Virtual Reality Market Size 2022 To Grow At A CAGR Of 32.5% By 2029, Due To Adoption Of Advanced Technologies For Top Companies, Global Growth till Forecast 2029 here
News-ID: 2660007 • Views: …
More Releases from Exactitude Consultancy
Superficial Vein Devices Market to Reach USD 8.7 Billion by 2034
Superficial vein devices are medical tools used for the diagnosis, treatment, and management of superficial venous disorders, such as varicose veins, chronic venous insufficiency, and venous reflux. These devices include catheters, sclerotherapy systems, ablation devices, laser devices, and adjunctive tools, enabling minimally invasive procedures that improve patient outcomes, reduce recovery time, and enhance procedural precision.
Download Full PDF Sample Copy of Market Report @ https://exactitudeconsultancy.com/request-sample/72441
The global superficial vein devices market is…
Dermal Fillers Market Poised to Reach USD 15.3 Billion by 2034 at 11.3% CAGR
Introduction
Dermal fillers have become one of the most popular non-surgical cosmetic procedures worldwide, driven by rising demand for facial rejuvenation, anti-aging solutions, and minimally invasive aesthetic treatments. These injectable substances restore lost volume, smooth fine lines and wrinkles, and enhance facial contours.
With continuous innovation in filler materials and techniques, combined with growing acceptance of cosmetic enhancements across age groups and genders, the market is experiencing strong growth. By 2024, the…
GLP-1 Market Set to Surge, Reaching USD 187.2 Billion by 2034 at 16.2% CAGR
Introduction
The glucagon-like peptide-1 (GLP-1) receptor agonist market has rapidly emerged as one of the most transformative segments of the pharmaceutical industry. Initially developed for type 2 diabetes management, GLP-1 drugs are now widely recognized for their dual benefits in glycemic control and weight management.
The surge in global obesity and diabetes prevalence, combined with strong clinical outcomes and regulatory approvals, has made GLP-1 therapies a blockbuster category. By 2024, the GLP-1…
Sterile Injectable Contract Manufacturing Market to Reach USD 72.6 Bn by 2034 at …
Introduction
The global demand for sterile injectable drugs has surged, driven by the increasing prevalence of chronic and infectious diseases, the rise of biologics, and the growing emphasis on targeted therapies. As pharmaceutical companies face pressure to accelerate time-to-market and manage costs, contract manufacturing organizations (CMOs) have emerged as crucial partners in sterile injectable production.
Sterile injectable contract manufacturing ensures compliance with stringent regulatory requirements, advanced aseptic processing, and scalability for both…
More Releases for Reality
Global Augmented Reality And Virtual Reality Lens Market Size by Application, Ty …
According to Market Research Intellect, the global Augmented Reality And Virtual Reality Lens market under the Internet, Communication and Technology category is expected to register notable growth from 2025 to 2032. Key drivers such as advancing technologies, changing consumer behavior, and evolving market dynamics are poised to shape the trajectory of this market throughout the forecast period.
The Augmented Reality (AR) and Virtual Reality (VR) Lens market is experiencing rapid growth…
Augmented Reality & Virtual Reality Market Insights: Growth and Opportunities
Meticulous Research® highlights the emerging trends and future outlook for the global augmented and virtual reality (AR/VR) market. As AR/VR technologies continue to evolve, new trends are shaping the market and creating opportunities for growth. The future outlook for the AR/VR market is characterized by ongoing innovation, increasing adoption, and expanding applications across various industries.
Browse in depth: https://www.meticulousresearch.com/product/augmented-reality-market-1223
One of the key emerging trends in the AR/VR market is the…
Augmented Reality and Virtual Reality Apps Market May Set an Epic Growth | EON R …
Latest Study on Industrial Growth of Augmented Reality and Virtual Reality Apps Market 2023-2029. A detailed study accumulated to offer the Latest insights about acute features of the Augmented Reality and Virtual Reality Apps market. The report contains different market predictions related to revenue size, production, CAGR, Consumption, gross margin, price, and other substantial factors. While emphasizing the key driving and restraining forces for this market, the report also offers…
Augmented Reality and Virtual Reality Market To Witness Huge Growth : DAQR, EON. …
Global Augmented Reality and Virtual Reality Market 2020-2027 by Technology, Component, Device Type, Industry Vertical, End-user, and Region: Trend Forecast and Growth Opportunity is latest research study released by HTF MI evaluating the market, highlighting opportunities, risk side analysis, and leveraged with strategic and tactical decision-making support. The study provides information on market trends and development, drivers, capacities, technologies, and on the changing investment structure of the Global Augmented Reality…
Augmented Reality and Virtual Reality Platform Market to See Huge Growth by 2026 …
Global Augmented Reality and Virtual Reality Platform Market Report 2020 by Key Players, Types, Applications, Countries, Market Size, Forecast to 2026 (Based on 2020 COVID-19 Worldwide Spread) is latest research study released by HTF MI evaluating the market, highlighting opportunities, risk side analysis, and leveraged with strategic and tactical decision-making support. The study provides information on market trends and development, drivers, capacities, technologies, and on the changing investment structure of…
Global Augmented Reality and Virtual Reality Market
Global Augmented Reality and Virtual Reality Market – Global Industry Analysis and Forecast (2017-2026) _ by Technology (Marker-Based, Marker Less and Others), by Device Type (Handheld Device, Head-Up Display, and Others), by Vertical, By Application, and by Geography
Market Scenario
Global Augmented Reality and Virtual Reality Market was valued US$ 6.1 Bn in 2017, and is expected to reach US$ 58.2 Bn by 2026, at a CAGR of 32.57% during forecast period.
Augmented…
