Augmented Reality (AR) and Virtual Reality (VR) Market - Forecast, 2020-2027 - Gurgaon

The GMI Research adds new research on the Augmented Reality (AR) and Virtual Reality (VR) market, a detailed analysis of this business space, including the emerging market trends, competitive landscape, and market size. The report covers various parameters among different segment analysis, the regional growth landscape, and an in-depth study of the industry’s competitive scenario.

Leading Players of the Augmented Reality (AR) and Virtual Reality (VR) market:

The major players in the market include Oculus VR, Samsung Electronics, Magic Leap, Inc., Wikitude GmbH, Google LLC, Microsoft Corporation, Sony Corporation, HTC Corporation, PTC Inc., DAQRI, and Apple Inc., among others.

Key Drivers of the Augmented Reality (AR) and Virtual Reality (VR) market:

The growing penetration of smartphones and connected devices in numerous applications and technological development of the gaming industry are the major factors that are contributing to the growth of the augmented reality (AR) and virtual reality (VR) market size. Moreover, the strong demand for augmented reality (AR) and virtual reality (VR) in the retail and e-commerce industry is further surging the market’s growth. In addition to this, the increasing demand for augmented reality devices in healthcare for patient care management & medical training and education and in retail/e-commerce is also responsible for the growth of the market.

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