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Augmented Reality Market By Device Type, Offering, Application and Technology


(IT-NEWSWIRE.COM, May 16, 2022 ) According to a research report "Augmented Reality Market by Device Type (Head-mounted Display, Head-up Display), Offering (Hardware, Software), Application (Consumer, Commercial, Healthcare), Technology, and Geography - Global Forecast to 2026" published by MarketsandMarkets, the market has a wide range of device types, offering, and application areas. In this blog section, we will discuss the trends in the augmented reality market by device type, offering, application and technology.

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Augmented Reality Market by Device Type

Augmented Reality is a technology that enhances reality by adding supplemental information to a user's view of the world. AR can be done through devices like smart glasses, smartphones and tablets. The market for AR devices is growing at a rapid pace due to its potential to revolutionize industries such as retail, automotive, education and healthcare. In this article, we will outline the market for AR devices by type, application and technology.

Types of Augmented Reality Devices:

Smart Glasses: This is the most popular type of AR device as it allows users to see the real world while interacting with virtual content. Some of the leading brands in this category are Microsoft HoloLens and Magic Leap.

Tablets: Tablets are perfect for augmented reality as they are portable and have high-resolution screens. They are also capable of running multiple applications at the same time. Some of the leading brands in this category are Apple iPad and Samsung Galaxy Tabs.

Smartphones: Smartphones are the most popular type of device used for augmented reality as they are easy to use and have large screens. They also have powerful processors that allow for high-quality graphics. Some of the leading brands in this

Augmented Reality Market by Offering (Hardware, Software)

Augmented Reality is a technology that provides virtual images and sounds to superimpose onto a user's view of the physical world. AR technology has been growing in popularity over the past few years, with a number of devices available on the market to use it. This article will provide an overview of the augmented reality market by device type, offering, application and technology.

Augmented Reality Market by Device Type: Head-mounted Displays (HMDs)

The head-mounted display (HMD) is currently the most popular type of AR device. HMDs allow users to see virtual images and sounds overlaid onto their view of the physical world. Popular HMDs include the Microsoft HoloLens and the Oculus Rift. These devices are used primarily for gaming and entertainment purposes, but they could also be used for other applications such as navigation and training.

Augmented Reality Market by Offering: Software

The software offering dominates the augmented reality market. This is likely due to the fact that software is easier to develop and deploy than hardware. There are a number of AR platforms available, such as Unity and Unreal Engine, which can be used to create custom AR applications.

Augmented Reality Market by Application (Consumer, Commercial, Healthcare)

Augmented reality is a computer-generated simulation of a real-world environment that can be viewed on a display device. The market for augmented reality is expected to grow from 14.7 billion in 2020 to USD 88.4 billion by 2026, at a CAGR of 31.5%.

The applications of augmented reality are wide-ranging and include gaming, navigation, advertising, and training. Consumer applications of augmented reality include use in gaming, virtual shopping, and learning. Commercial applications include in-store advertisement, customer support systems, and product demonstration. Healthcare applications include tracking of medical supplies and devices in hospitals.

Augmented Reality Market by Technology (Physical, Neural Feedback)

Augmented Reality (AR) is a technology that enables users to interact with digital objects and environments in real-time. AR technology is used in many different applications such as gaming, advertising, navigation, and training. The physical AR market is dominated by mobile devices such as smartphones and tablets, while the neural feedback AR market is growing fastest due to increasing popularity of virtual reality headsets.

The following are the key vendors contributing to the global augmented reality market: are Google, Inc. (US), PTC Inc. (US), Seiko Epson (Japan), Microsoft (US), Lenovo (Hong Kong), Samsung Electronics (South Korea), Apple (US), and so on.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.


Mr. Aashish Mehra


Source: EmailWire.Com


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