+1-888-308-5802     
News Contact Us

North America (AR) Augmented Reality Market Size to Expand at Over 67% CAGR through 2024

Author : Ronak Bora | Published Date : 2020-09-28 

The research report on North America (AR) Augmented Reality Market offers a thorough understanding on this industry with significant details subject to its overall foothold in the global landscape and its application across major end-user industries and sectors. According to this report, North America augmented reality industry recorded a remuneration of USD 525 million in 2017 and is likely to surpass USD 19 billion by 2024, increasing at a considerable CAGR of 67.5%. Moreover, the document also lays focus on the vital information beneficial for various stakeholders in terms of the current market scenario, advancing technologies, expansive competitive landscape, industry strategies, growth prospects, and market segmentations.

Request for a sample of this report @ https://www.graphicalresearch.com/request/1004/sample

The report further offers an insight to various factors that are touted to drive the growth curve of this industry in the upcoming years, along with including crucial details of the ongoing trends that the industry is characterized by. The North American augmented reality market, as given in the report, is divided on basis of component, application, regional, and competitive landscape.

The applications of the technology in the healthcare sector are providing advanced techniques to analyze and test the disease of a patient. These devices are used for describing the symptoms by the patients, finding the veins & organs, and providing them proper medications depending on the type of the disease that has affected them. Several major players in the North America AR market are offering technologies, which will support the healthcare applications. For instance, Medsights Tech is working on creating a software, which will test the feasibility of the AR technology in creating 3D reconstruction images of tumors.

The augmented reality market in North America has been precisely diversified into U.S., Canada and its analysis has been briefly addressed in the given document. The report incorporates an analysis on various factors promoting the growth of regional markets, along with the future growth opportunities existing in every region, their growth rates over the projected timeframe, technologies used, regulatory reforms, and individual market share.

Head-Mounted Displays (HMD) are experiencing a high growth in the North America AR market. The growing demand for this technology in the defense sector is encouraging the manufacturers in the region to provide HMDs, which will serve the purpose of simulation-based training. This technology can be used to provide training to the soldiers to survive critical conditions in different situations, places, and environments, and to develop their skills and provide them real-life experiences of war conditions. In 2019, the U.S. Army is planning to test the AR system HUD 3.0, which will provide the information about the location of enemies and their units. They are developing a system, which will be helmet-mounted to project all the information at the sight of the soldier.

North America augmented reality market is highly consolidated and is divided into myriad companies such as Facebook, HTC, Intel, AccuVein, Inc., Affectiva, Inc., APX Labs, Google, Inc., and Microsoft Corporation. The research study incorporates comprehensive analysis on the sales spectrum of each of these firms, their tactics to sustain the position in the market, individual company profiles and market share, and stance in the global ecosystem.

Table of Content:

 

Chapter 4.North America Augmented Reality Market Size, by Component, 2013 - 2024

 

  • Hardware
  • Software

 

Chapter 5.North America Augmented Reality Market Size, by Application, 2013 - 2024

 

  • Medical
  • Automotive
  • Aerospace & defense
  • Gaming
  • Retail
  • Industrial

About Graphical Research:

Graphical Research is a business research firm that provides industry insights, market forecast and strategic inputs through granular research reports and advisory services. We publish targeted research reports with an aim to address varied customer needs, from market penetration and entry strategies to portfolio management and strategic outlook. We understand that business requirements are unique: our syndicate reports are designed to ensure relevance for industry participants across the value chain. We also provide custom reports that are tailored to the exact needs of the customer, with dedicated analyst support across the purchase lifecycle.

Contact Us:

Parikhit B. 
Corporate sales, 
Graphical Research 
Email: [email protected] 
Web: https://www.graphicalresearch.com

                                                                                                                                     

 

 

 

 

About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for fractovia and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. [email protected] | https://twitter.com/RonakBora26

Related News

Europe Power Rental Market revenue is poised to expand at significant CAGR through 2026

Published Date: 2020-10-26         Author: Ronak Bora

The market study on Europe Power Rental Market provides detailed analysis on this industry including substantial details subject to its overall position in the global landscape and applications across myriad end-user industries. According to this report, the Europe power rental industry is antici... Read More

America Generator Sets Market size is projected to grow exponentially over 2030

Published Date: 2020-10-26         Author: Ronak Bora

The research document drafted on ASEAN Generator Sets Market provides an in-depth analysis on this industry with accurate details pertaining to its overall foothold in the global landscape and its application across major end-user industries and sectors. ASEAN generator sets market, as per the gi... Read More

North America Stationary Battery Storage Market size will experience an accelerated growth rate over 2026

Published Date: 2020-10-26         Author: Ronak Bora

The research document drafted on North America Stationary Battery Storage Market provides an in-depth analysis on this industry with accurate details pertaining to its overall foothold in the global landscape and its application across major end-user industries and sectors. North America stationa... Read More

© 2020 Fractovia. All Rights Reserved