Augmented reality market to hit $165bn by 2024
Augmented Reality Market Size By Component (Hardware, Software), By Display Device (Smart Glass, Head-Mounted Display, Head-Up Display), By Application (Medical, Automotive, Aerospace & Defense, Gaming, Retail, Industrial), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Italy, Russia, China, Japan, India, South Korea, Taiwan, Brazil, Mexico), Application Potential, Price Trends, Competitive Market Share & Forecast, 2016 – 2024.
Increasing penetration of consumer electronic products embedded with AR components in various industries will augment global augmented reality market. Augmented reality makes use of an existing real-time environment and integrates it with digital information to form a composite visual image that deems itself as engaging to the user. This technology is being deployed across myriad sectors to provide enhanced customer experience and expand the global consumer pool.