Global Augmented and Virtual Reality Market is projected to reach US$ 130.01 Bn by 2025 |The Insight Partners
Apr 21, 2017
Evolving Need for Content and Increasing Demand for AR and VR Applications will raise AR and VR Market by 2025 with a CAGR of 41.2%.
April 21, 2017 /MarketersMedia/ —
AR and VR technologies were incepted in early 90`s, but the technologies are getting into mainstream in recent years. As the market is in emerging stage the number of players are limited and growing year on year, limited entry barrier at present is encouraging new ventures in AR and VR market, while many big players such as Google, Inc., Microsoft, Facebook, and many others are focusing to capitalize the market through their products and services. Though there are many other enterprises which have been working on these technologies are yet to spread their footprints across the globe. The global AR and VR market is expected to grow at a CAGR of 41.2% during the forecast period 2016 – 2025 and accounts for US$ 130.01 Bn in the year 2025.
Browse market data tables and in-depth TOC of the Global Augmented Reality (AR) and Virtual Reality (VR) Market (2016–2025) http://www.theinsightpartners.com/reports/augmented-reality-and-virtual-reality-market
AR and VR market has been divided into segments such as technology i.e., AR and VR technologies, components and end-user industries. Components segment is further divided into sensors and other semiconductor components. End-user industry includes, Industrial, education, medical, aerospace & defense, entertainment and retail among others. The entertainment industry finds the largest application in the AR and VR market and consequently is expected to grow at a CAGR of 43.9% during the forecast period. AR and VR market is further bifurcated into geography`s which includes North America, Europe, APAC, Latin America (SAM) and Middle East & Africa (MEA). One of the prominent regions among these is North America which has registered highest adoption of AR and VR technologies in the current years, however APAC is estimated to be the leader in near future. Some of the major players of AR and VR market are Innovega, Inc., Augmented Pixels Co., Vuzix Corporation, DAQRI LLC,Total Immersion, Blippar, Oculus VR LLC, EON Reality, Inc., Microsoft Corporation, and Google, Inc. among others.
Request Sample Copy @ http://www.theinsightpartners.com/sample/TIPTE100000114
AR and VR market revenue has been analyzed by above mentioned segments in all the listed regions and then the market data is validated through primary interviews. Insights from key opinion leaders are gathered by reaching out to the industry experts in key companies all the regions mentioned above. The key drivers for this market include Big Data visualization to drive AR and VR market, and retail applications are expected to upsurge the demand for AR and VR. AR and VR applications are wide spread across different verticals, such as education, entertainment, training, medical, sports and others. The advancing applications of AR are expected to impact the way customers shop in near future, AR solutions will mainly impact the shopping attitudes of the customers and is expected to offer exciting experience to the customers.
Inquire about discount on this report @ http://www.theinsightpartners.com/discount/TIPTE100000114
The report segments the global augmented reality and virtual reality market as follows:
Global Augmented Reality and Virtual Reality Market – By Technology
• Augmented Reality (AR)
• Virtual Reality (VR)
Global Augmented Reality and Virtual Reality Market – By Components
• Sensors
• Semiconductor Components
• Others
Global Augmented Reality and Virtual Reality Market – By End-user Industry
• Entertainment
• Education
• Industrial
• Medical
• Real Estate and Architecture
• Retail
• Aerospace and Defense
• Others
Global Augmented Reality and Virtual Reality Market – By Geography
• North America
• Europe
• Asia Pacific (APAC)
• Middle East & Africa (MEA)
• South America (SAM)
Procure Full Report @ http://www.theinsightpartners.com/buy/TIPTE100000114
About The Insight Partners:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Media, and Telecommunication industries.
Contact Info:
Name: Sameer Joshi
Email: [email protected]
Organization: The Insight Partners
Address: Pune, India
Phone: +1-646-491-9876
For more information, please visit http://www.theinsightpartners.com/
Source: MarketersMedia
Release ID: 188901
More News
Europe’s most underrated Christmas markets revealed
While Europe’s biggest Christmas markets attract millions of visitors every year, many travellers are seeking lesser-known festive destinations. Travel experts at eShores have revealed five underrated Christmas markets worth adding to this year’s winter travel plans based on their festive charm and growing search interest.
JETOUR Brings Its “Travel+” Ecosystem to Life
For JETOUR, travel means more than discovering new places, it also means respecting and protecting the natural world. As its “Travel+” ecosystem continues to grow, JETOUR is bringing travel, off-road exploration and nature conservation together, encouraging travelers to explore responsibly and help protect the places they visit.
A milestone for La Dolce Vita Orient Express, connecting Rome and Istanbul
La Dolce Vita Orient Express has embarked on its first international journey, departing from Rome Ostiense on 22 October for Istanbul. The five-day, four-night itinerary marks a significant milestone for the train, extending its journeys beyond Italy and bringing together two of Europe’s emblematic destinations through an exceptional travel experience.
If You're Looking For A Warm Escape This Winter, You Should Really Check These Locations Out
From a music festival in the desert to looking for turtles in the ocean – this could be you this winter. View Entire Post ›
Corsica’s GR20: A Visual Diary of the Hike
The GR20, a 112-mile hiking trail that bisects the craggy Mediterranean island, is often billed as the continent’s most demanding trek. Here’s an insider’s look.
Most Americans Can't Get 9/12 On This Baseline Geography Quiz — Can You Do Better?
My fellow Americans, do you know what the capital of Australia is? View Entire Post ›
Composer Huang Ruo on why opera is ‘the last dance of humanity’, and his Hong Kong show
“Nowadays, we have people listening to AI pop singers,” Chinese-American composer Huang Ruo says during a talk on music and culture in Hong Kong. “They sing so beautifully, but it’s not real. So I do believe theatre and opera are the last dance of humanity.” The 50-year-old New York-based conductor and pianist behind acclaimed cross-cultural operatic projects M. Butterfly (2022) and The Monkey King (2025) made further impassioned statements about performing arts in the modern world. “Seriously,...
In P.E.I., sweeping new strategy takes aim at ‘pervasive drinking culture’
From life-altering tragedies to everyday health risks, P.E.I. is taking direct aim at mitigating the toll of drinking. Advocates, are hoping a new provincial alcohol strategy will push Islanders to re-evaluate their relationship with alcohol, while reducing costs that far outweigh the revenue alcohol brings in.
The RDSP was meant to help disabled Canadians save for the future. Yet many don't know it exists
The Registered Disability Savings Plan was intended to be a financial safety net for people with disabilities and the families who care for them. But it's only reaching about a third of those it was designed to help.
The Palm Beaches are Having a Moment: Discover What’s New in 2027
The Palm Beaches continue to build on their momentum, giving visitors fresh reasons to return and new experiences to discover with every visit. After welcoming 6.09 million visitors in the first half of 2026, up 6.4% from 2025, The Palm Beaches are building on this success with a pipeline of approximately $500 million in developments set to further strengthen the tourism economy. Across 39 cities and towns, the next wave of openings and experiences is taking shape, making the destination an even more compelling place to visit in the year ahead.
KENNEDY SPACE CENTER VISITOR COMPLEX POWERS UP FOR MAX POWER
Visitors to Florida’s Kennedy Space Center Visitor Complex can celebrate the innovation, people and legacy behind NASA’s greatest achievements during MAX POWER, an extra-special event taking place 6 – 8 November 2026. The exhibits and experiences at Kennedy Space Center Visitor Complex celebrate NASA’s great achievements: past, present, and future. During MAX POWER, guests will go on an extraordinary journey as the visitor complex further transforms into a showcase of human ingenuity.
_VZ_partners_with_Tourism_Malaysia-600x315.jpg)
Save Up to 20% on Bangkok–Kuala Lumpur with Vietjet Thailand & Tourism Malaysia
Vietjet Thailand is strengthening its presence in ASEAN’s short-haul travel market through collaboration with Tourism Malaysia to support and promote the ‘Visit Malaysia 2026–2027’ campaign, with the aim of encouraging greater travel connectivity and increasing Thai visitor arrivals to Malaysia. The partnership aims to encourage Thai travellers to visit Malaysia during the year-end peak travel season, expand travel options to one of their most popular destinations, and support tourism growth between the two countries.
YOUR NEWS, OUR NETWORK.
Do you have Great News you want to tell the world?
Be it updates about your business or your community, you can make sure that it’s heard by submitting your story to our network reaching hundreds of news sites across 6 verticals.