ID: MRFR/ICT/0542-HCRR | July, 2017 | Region: Global | 110 pages | Half-Cooked Research Reports
Global Mobile Augmented Reality Market, by Component (Hardware (Display, Sensor, GPS system, 3D graphics system), Software), by Application (Enterprise, Advertising, Telecommunication, Public sector, Education) - Forecast 2027
Market Synopsis of Mobile Augmented Reality Market:
The major growth driver of Mobile Augmented Reality Market includes growing mobile expansion, growing production of mobile app stores, and growing investment in smart devices among others.
Hence the market for Mobile Augmented Reality is expected to grow at XX% CAGR (2016-2027).
However, lack of technical awareness and technology restrictions are some of the major factors which are hindering the growth of Mobile Augmented Reality Market.
Global Mobile Augmented Reality Market can be segmented as follows:
Segmentation by Components: Hardware (3D graphics system, GPS system, wireless network, displays, sensors) and software among others.
Segmentation by Application: Telecommunication, Gaming & entertainment, enterprises (E-commerce, advertising and healthcare), and public sectors (Education, Government, Military) among others.
Regional Analysis of Mobile Augmented Reality Market:
Asia-Pacific is expected to dominate the Global Mobile Augmented Reality Market with the largest market share due to economic growth, and growing acceptance of new technology in the region, and therefore accounting for $XX million and is expected to grow over $XX billion by 2027. Mobile Augmented Reality Market in Europe market is expected to grow at CAGR of XX% from $ XX million in 2016 to $XX million by 2027. The North-America market for Mobile Augmented Reality Market is expected to grow at XX% CAGR (2016-2027).
Some of the major players in Global Mobile Augmented Reality Market include Qualcomm Inc. (U.S.), Microsoft Corporation (U.S.), Blippar (U.K.), Infinity augmented reality (Israel), apple Inc. (U.S.), DAQRI (U.S.), Samsung electronics Ltd. (South Korea), Google Inc. (U.S.), and Catchoom technologies (Spain) among others.
· Qualcomm Inc. has announced its agreement with Guangdong Oppo Ltd. on August 2016. Both companies have entered into 3G/4G patent license agreement for the market of China.
· Apple Inc. has acquired augmented reality startup company, Metaio in the year 2015. This acquisition would provide apple a broader set of technology and network to work for augmented reality applications.
The Middle East& Africa
The report for Mobile Augmented Reality market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.