The first report, written by Technavio talks about the global augmented reality market growing 65% CAGR. The report has analyzed 3 segments of the market: Mobile devices, smart glasses and Head-mounted displays. Headlines from the report include:
- The AR mobile device market is expected to grow 78% CAGR by 2012
- The global AR market for smart glasses is set to grow by 69% CAGR by 2021
- The global AR head-mounted displays market is going to expand by 35% CAGR by 2021
Some of the top vendors highlighted in this report were Apple, Qualcomm, Rockwell, Collins, Sensics and Technical Illusions
The next report released this week by satprnews talks about the head mounted display market rising to 59.4% CAGR from 2015 to 2020. This market is segmented on the basis of product, application, components and region. The product itself is segmented into helmet mounted display and eye wear display with the head mounted display being segmented into two: Application and components:
Application market is segmented into: defence, aviation, military, augmented and virtual reality, industrial, video gaming and entertainment, research and development and training and simulation.
Components market is segmented into: microdisplay, goggle, head tracker, camera, connectivity, combined mirror, control unit, helmet, battery and accessories.
Regional wise the head mounted display market is expected to grow across North America, Europe and Japan, with major participants in growing the market being cited as Google Corporation, Sony Corporation, Recon Instruments and Rockwell Collins.
Another report released this week by ApertureGames states that the Augmented Reality Market size is expected to grow over 80.8% CAGR from 2016 to 2024. The augmented reality market is segmented into two: hardware and software components. The hardware industry is split into smart glasses, head mounted displays and head up displays. Main points written in this article include:
- Software devices in the AR market will sustain significant growth
- Asia pacific AR market, driven by China will witness a growth
- US augmented reality industry will increase in adoption of AR technology across industrial and automotive industries
- Banking, manufacturing, healthcare and real state will contribute to the growth
Key industry players said to help the market grow include:
- Blippar
- Microsoft
- Sony
- Apple
- Magic Leap
- Daqri
- Total Immersion
- ODG
- Wikitude
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