USD 108.57 billion Growth in Augmented Reality Market | 31.60 % CAGR to be Recorded with Highest Growth Contribution from APAC | Technavio – QNT Press Release

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NEW YORK, June 27, 2022 /PRNewswire/ — The latest market analysis report titled Augmented Reality (AR) Market by Application and Geography – Forecast and Analysis 2021-2025 has been added to Techavio’s catalog. The report provides a comprehensive analysis on the various factors influencing the market growth during the forecast period. Factors including the increasing investments in AR technology coupled with the increasing AR integration in mobile devices will influence the market growth positively throughout the forecast period, resulting in the market to garner an accelerating growth momentum at a CAGR of 31.60%, However, the privacy concerns over AR technology will emerge as a major threat for the augmented reality (AR) market during the forecast period.

View Market Sample Report for more Insights on CAGR and YOY growth variance analysis

Augmented Reality (AR) Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 31.60%

Market growth 2021-2025

$108.57 billion

Market structure

Fragmented

YoY growth (%)

29.16

Regional analysis

North America, APAC, Europe, South America, and MEA

Performing market contribution

APAC at 35%

Key consumer countries

US, China, Japan, Germany, UK, and Canada

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Alphabet Inc., Dynabook Inc., Facebook Inc., Microsoft Corp., PTC Inc., Qualcomm Inc., Samsung Electronics Co. Ltd., Upskill, Vuzix Corp., and Zugara Inc.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing…

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