Augmented Reality And Virtual Reality Market Scope And Analysis

Report Code : TIPTE100000114
Category : Technology, Media and Telecommunications

No. of Pages : 150

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Augmented Reality and Virtual Reality Market Analysis and Scope (2024 to 2031)

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Augmented Reality and Virtual Reality Market Report Scope

Report Attribute	Details
Market size in 2023	US$ 52.40 Billion
Market Size by 2031	US$ 646.50 Billion
Global CAGR (2023 - 2031)	36.9%
Historical Data	2021-2022
Forecast period	2024-2031
Segments Covered	By Component Solution Services By Technology Augmented Reality Virtual Reality By Component Semiconductor Components Sensors By End-User Industry Entertainment Educational Industrial Medical Real Estate & Architecture Retail Aerospace & Defense
Regions and Countries Covered	North America US Canada Mexico Europe UK Germany France Russia Italy Rest of Europe Asia-Pacific China India Japan Australia Rest of Asia-Pacific South and Central America Brazil Argentina Rest of South and Central America Middle East and Africa South Africa Saudi Arabia UAE Rest of Middle East and Africa
Market leaders and key company profiles	Immersive Gaze Google LLC EON Reality Vuzix Corporation Blippar Group Limited Layar B V Innovega Inc imulanis Solutions Private Limited Kanda ApS YeppAR Groove Jones

Augmented Reality and Virtual Reality Market News and Recent Developments

The augmented reality and virtual reality market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the augmented reality and virtual reality market are listed below:

EON Reality proudly announces the launch of the inaugural Spatial AI Center in the Marshall Islands. This pivotal initiative is set to transform the islands’ approach to education, healthcare, and climate resilience, deploying immersive technologies to pioneer advanced learning experiences and sustainable development. (Source: EON Reality, Press Release, April 2024)
Vuzix® Corporation (NASDAQ: VUZI) announced it has received new additional orders from two aerospace and defense firms to further develop and deliver waveguide-based display solutions in 2024. (Source: Vuzix Corporation, Press Release, April 2024)

Augmented Reality and Virtual Reality Market Report Coverage and Deliverables

The “Augmented Reality and Virtual Reality Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:

Augmented reality and virtual reality market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
Augmented reality and virtual reality market trends as well as market dynamics such as drivers, restraints, and key opportunities
Detailed PEST/Porter’s Five Forces and SWOT analysis
Augmented reality and virtual reality market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the augmented reality and virtual reality market
Detailed company profiles