AR/VR Chip Market to grow at a CAGR of 13.7 percent to reach USD 3.2 Bn by 2029 over the Forecast Period

(IT-NEWSWIRE.COM, August 01, 2023 ) As per Maximize Market research, the AR-VR Chip Market was USD 1.3 Bn in 2022 and is expected to grow at a CAGR of 13.7 percent over the forecast period to reach USD 3.2 Bn by 2029

AR/VR Chip Market Report Scope and Research Methodology

The report involves a thorough region-wise and segment-wise analysis of the AR/VR Chip Market size and share. The technology adoption, financial standing, portfolio, merger and acquisition, joint ventures and strategic alliances are covered in the competitive environment for the AR/VR Chip market.

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AR/VR Chip Market Dynamics

The advancements in fabrication and chip design processes, growing investments in AR/VR technologies by key companies and the expansion of the application of AR/VR in several industries are the boosting factors for the AR/VR Chip Market growth. The increasing demand for enhanced user experiences and Consumer preferences is also the key driver for market growth.

AR/VR Chip Market Regional Insights

Asia Pacific is expected to dominate the AR/VR Chip Market over the forecast period. The rising disposable incomes and technological advancements are the fueling factors for regional market growth.

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AR/VR Chip Market Segmentation

By Chip Type

CPU/GPU Chip

Sensor Chip

Connectivity Chip

FPGA Chip

Others

By Distribution Channel

Online

Offline

Distributors

By Application

Gaming

Entertainment and Media

Education and Training

Healthcare

Retail and E-commerce

Aerospace and Defence

Automotive

By End-User

Consumer Electronics

Enterprise and Commercial

Medical and Healthcare

Automotive

AR/VR Chip Key Competitors include:

Qualcomm

MediaTek

Nvidia

AMD

Intel

Samsung

HiSilicon

Rockchip

Spreadtrum

Marvell

Infineon

STMicroelectronics

Texas Instruments

Cadence Design Systems

Mentor Graphics

Synopsys

ARM

Imagination Technologies

Xilinx

Get a Sample Copy of the Report: https://www.maximizemarketresearch.com/request-sample/199745

Maximize Market Research is leading Electronics research firm, has also published the following reports:

Semiconductor Chip Ecosystem Market- The market size is expected to reach USD 1293.9 Bn Bn by 2029 at a CAGR of 13.2 percent during the forecast period.

Neural Processor Market- The Market size is expected to reach USD 620 Mn by 2029 at a CAGR of 18.2 percent during the forecast period.

About Maximize Market Research:

Maximize Market Research provides B2B and B2C research on 6,500 high-growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors.

MAXIMIZE MARKET RESEARCH PVT. LTD.

Dnyaneshwari Yevale

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dy@maximizemarketresearch.com

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AR/VR Chip Market to grow at a CAGR of 13.7 percent to reach USD 3.2 Bn by 2029 over the Forecast Period