The article cited AMA's Global Augmented Reality Products & Solutions Market Study explored substantial growth with CAGR of %. According the report, Rising Adoption in Defense & Government Sector Propelled by Rise in Military Expenditure is one of the primary growth factors for the market. Rising Number of Investments in Augmented Reality Technology Globally
is also expected to contribute significantly to the Augmented Reality Products & Solutions market. Overall, Head-Mounted
applications of Augmented Reality Products & Solutions, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The presence of players such as Google, Inc. (United States), PTC, Inc. (United States), Apple Inc. (United States), Microsoft Corporation (United States), Seiko Epson (Japan), Lenovo (China), Wikitude GmbH (Austria), Vuzix (United States), Daqri LLC (United States), Magic Leap, Inc.(United States), Zugara, Inc.(United States) and Blippar (United Kingdom) may see astonishing sales in this Market and certainly improve revenue growth.
The Industry Verticals, such as Aerospace & Defense, is boosting the Augmented Reality Products & Solutions market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The Technology, such as Monitor-Based Technology, is boosting the Augmented Reality Products & Solutions market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The Component, such as Hardware {Sensor, Displays & Projectors, Cameras, Others}, is boosting the Augmented Reality Products & Solutions market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Global Augmented Reality Products & Solutions market identified that the demand is rising in many different parts of the world as "Opportunities in the Asia Pacific Region
". One of the challenges that industry facing is "Security and Privacy Issues Associated With Augmented Reality and Issues During Reconfiguration of Applications for Different Platforms"
The report provides an in-depth analysis and forecast about the industry covering the following key features:
Detailed Overview of Augmented Reality Products & Solutions market will help deliver clients and businesses making strategies. Influencing factors that thriving demand and latest trend running in the market What is the market concentration? Is it fragmented or highly concentrated? What trends, challenges and barriers will impact the development and sizing of Augmented Reality Products & Solutions market SWOT Analysis of profiled players and Porter's five forces & PEST Analysis for deep insights. What growth momentum or downgrade market may carry during the forecast period? Which region may tap highest market share in coming era? What focused approach and constraints are holding the Augmented Reality Products & Solutions market tight? Which application/end-user category or Product Type [AR glasses (Smartglasses), Smartphone augmented reality (mobile AR) and Tethered AR headsets] may seek incremental growth prospects? What would be the market share of key countries like Germany, USA, France, China etc.?
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Augmented Reality Products & Solutions market and other related sub-markets covered in the study.
o Key & emerging players in the Augmented Reality Products & Solutions market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Augmented Reality Products & Solutions market size is calculated using market estimation process, the Augmented Reality Products & Solutions market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Augmented Reality Products & Solutions market size has been validated using both top-down and bottom-up approaches.