Portland, OR -- (SBWire) -- 05/29/2018 --The global mixed reality market was valued at $123.2 million in 2017, and is projected to reach at $5,362.1 million by 2024,
growing at a CAGR of 71.6% from 2018 to 2024.North America is expected to dominate the global mixed reality market during the forecast period, owing to rise in adoption of mixed reality in games & entertainment industry. In 2017, China dominated the Asia-Pacific market. The U.S. led the market in North America, whereas the UK led the European market in 2017

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Mixed reality, also referred to as hybrid reality, is a next-generation technology in which virtual and augmented reality are merged to produce new environment and visualization, where physical and digital objects co-exist and interact in real time. It is widely used by the users, while playing games or watching movies. The environment created is hard to break, thus providing full entertainment to the users. Mixed reality is a mix of reality and virtual reality, encompassing both augmented reality and virtual reality via technology.

The global mixed reality market is analyzed based on four regions-North America, Europe, Asia-Pacific, and LAMEA. In addition, it includes Porters Five Forces analysis to understand the competitive scenario of the industry and role of each stakeholder. The report further features the strategies adopted by the key market players to maintain their foothold in the market. HTC Corporation, Intel Corporation, Magic leap, Inc., Microsoft Corporation, Facebook, Eon Reality, Inc., Google Inc., Samsung Electronics Co. Ltd., Seiko Epson Corporation, and Meta Company are some of the key players operating in the global mixed reality market.

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