Augmented Reality Software Market Set to Grow Highest CAGR of 58.2% By 2026 With Leading Players Atheer, Ubimax, Scope AR, EON Reality, Immerseport, Inglobe, Infinity AR, Magic Leap
Augmented reality is the integration of interactive digital devices – such as dazzling visual overlays, buzzy haptic feedback, or other sense-making into our natural environment. If you’ve experienced the hubbub of Pokemon Go, you see augmented reality in action. The game’s structure is so powerful that it sends millions of children and adults like walking (and not interrupting) through their history searching for real gifts
Augmented reality is the result of using technology to superimpose information — sounds, images, and text — on the world we see. Picture the “Minority Report” or “Iron Man” style of interactivity. Augmented reality (AR) is a type of interactive, reality-based display environment that takes the capabilities of computer-generated display, sound, text, and effects to enhance the user’s real-world experience.
The Global Augmented Reality Software Market accounted for USD 3.4 billion, growing at a CAGR of 58.2% during the forecast to 2026. Increasing demand for flow sensors by the various end-users is a major factor for the growth of this market.
Influencing players of this Market are: Marxent Labs LLC, Mortar Studios, PTC, Pristine, Re’flekt GmbH, Scope AR, Ubimax GmbH,Atheer, Augmate Corporation, Hewlett-Packard Development Company. L.P., Blippar, Catchoom, DAQRI, EON Reality, Immerseport, Infinity Augmented Reality, Inglobe Technologies, Jbknowledge, Kudan , Magic Leap, Upskill, Viewar GmbH, Wear S.R.L, Wikitude GmbH, Zugara, and others.
This Augmented Reality Software market research report encompasses a far-reaching research on the current conditions of the industry, potential of the market in the present and the future prospects. By taking into account strategic profiling of key players in the industry, comprehensively analyzing their core competencies, and their strategies such as new product launches, expansions, agreements, joint ventures, partnerships, and acquisitions, the report helps businesses improve their strategies to sell goods and services. Hence, the Augmented Reality Software report brings into focus, the more important aspects of the market or ABC industry.
Major Market Drivers
- Increased demand for augmented reality in e-commerce and retail stores
- Growing demand for augmented reality software in consumer electronics
- Increasing demand for AR-based applications in medical sectors
- Lack of interaction with physical products
- Limited processing power and inadequate storage
Table of Contents
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview and Industry Trends
6 Product Augmented Reality Software Market, By Type
7 Product Augmented Reality Software Market, By Organization Size
8 Product Augmented Reality Software Market Analysis, By Region
9 Competitive Landscape
10 Company Profiles
Market Segmentation: Augmented Reality Software Market
By Function (Remote collaboration, Workflow optimization, Visualization, Documentation, and 3D Modelling, Navigation),
By Vertical (consumer, commercial, enterprise, medical, aerospace and defense, oil and gas, mining, telecom and IT/data centers),
By Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)
Company Share Analysis: Augmented Reality Software Market
The report for the global augmented reality software market includes detailed vendor level analysis for market shares in 2016 for Global, North America, Europe, Asia Pacific, Middle East, and Africa and South America specifically. Also impact and development analysis of key vendors is registered in the market and factored on the basis of Vendor Positioning Grid Analysis which measures the vendors’ strengths and opportunities against present market challenges, measure provider’s ability to identify or satisfy present market needs, map providers market vision to current and upcoming market dynamics among others. The report also measures the technology life line curve and market timeline to analyze and do more affective investments.
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