IT Intelligence Markets

+54% CAGR Growth to Be Archived by Augmented Reality Market According to New Research, Top Key Players – Google, Microsoft Corporation, PTC Inc and Others

Global Augmented Reality Market 2023 Trends, Challenges and Growth Drivers Analysis, top key players - Google, Microsoft Corporation, PTC Inc and others


Pune, India -- (SBWIRE) -- 03/21/2018 -- The developments of more human-like robots and increase in their deployment rate in the developing regions have had a substantial effect on the overall artificial intelligence (AI) market. Improved productivity, diversified application areas, increased customer satisfaction, and big data integration drive the artificial intelligence market. However, lack of skilled workforce and threat to human dignity & other threats could restrain the market growth. Nevertheless, the impact of these factors is anticipated to be minimal due to the introduction of newer technologies.

The report comprises the study of artificial intelligence market with a focus on machine learning, natural language processing, image processing, and speech recognition. Fraud screening, oil & gas exploration, sales forecasting, inventory management, and public health are among many applications that have deployed machine learning significantly.

This report studies the global Augmented Reality market, mainly for the regions such as North America, Europe, China, Japan, Southeast Asia and India. The detailed analysis on production, price & revenue and market share are given for the below mentioned top manufacturers in global market.

Key Vendors:
Google, Inc. (US), PTC Inc. (U.S.), Microsoft Corporation (US), Wikitude GmbH (Austria), DAQRI LLC (US), Zugara, Inc. (US), Blippar (UK), Magic Leap, Inc. (US), and Osterhout Design Group (US).

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The major growth drivers, challenges, and trends influencing the global Augmented Reality market are inspected at length. The report also presents a thorough qualitative and quantitative data affecting to the projected impact of these factors on market's future growth prospects. A number of analysis tools such as Porter's five forces analysis and SWOT analysis have been employed to provide an accurate understanding of this market. Also, the report is compiled in a way for the readers and customers to understand better.

The research report further makes use of graphical representations such as tables, info graphics, and charts to forecast figures and historical data of the global Augmented Reality market. The report is presented in a clear and concise manner so that readers can understand the market structure and dynamics effectively.

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The report on the global Augmented Reality market is a meticulous piece of work and is assembled by leading both primary as well as secondary research. The data included in the report has been taken by consulting high-quality references, case studies, press releases, and by taking inputs from top industry leaders. The top segments in the market have been highlighted clearly in this report for the readers to understand in a précised manner. These segments have been presented by giving information on their current and predicted state by the end of the forecast period. The information presented would help the upcoming players to gauge the investment scope within the segments and sub-segments of the global Augmented Reality market.

The major strategies adopted by the established players for a better penetration in the global Augmented Reality market also form a key section of this study. These strategies can be employed by the upcoming vendors for a better penetration in the market. The global market on Incinerator has also been analyzed in terms of revenue. The market dynamics such as market drivers, challenges, opportunities, and trends have been presented coupled with their respective impact analysis. The impact analysis helps in gathering information on the future development of the market

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