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Asia-Pacific Augmented Reality Market Growth, Size, Share, Industry Report and Forecast to 2019-2025

Mar 20th 2020 at 6:41 AM

Asia-Pacific augmented reality (AR) market is estimated to grow significantly at a CAGR of 39.4% during the forecast period. Increasing adoption of AR for different applications such as entertainment,   automotive, healthcare, telecommunication, infrastructure in public and private sectors is one of the major factors that contribute towards the growth of the AR market in the Asia-Pacific region. Along with the growing application of AR, the growing investments by the government and private institutions for the development of startups based on AR is further making a considerable contribution towards the growth of the AR market in the region.

Request a Free Report on Sample of Asia-Pacific Augmented Reality Market https://www.omrglobal.com/request-sample/asia-pacific-augmented-reality-market

The market is segmented on the basis of device type, technology, components, application, and country. Based on the device type market is sub-segmented into the head-mount, head-up, handheld. Based on technology the market is sub-segmented into monitor based technology and near eye based technology. Based on offering, the market is bifurcated into software and hardware. Based on the application, the market is segmented into individual, consumer, and others (automotive, defense, tourism, healthcare, apparels & Accessories). Based on the country the market is segmented into China, Japan, and India.

The major factor responsible for the increasing market share in the region includes the presence of a large customer base, a considerable increase in smartphone users, along with the rising startups in AR and VR technology. Apart from major market players operating in the region Octagon Studio, EXA VR Park, ZipMatch, TaKanto, Hiverlab, and VizioFly among others are some small companies that offer products based on AR technology.

A full Report of Asia-Pacific Augmented Reality Market is Available at: https://www.omrglobal.com/industry-reports/asia-pacific-augmented-reality-market

Octagon is a multimedia company that produces AR products and solutions for mobile and wearable devices. The key products of the company include 4D AR educational flashcards, which have images that pop up when they are viewed through a mobile app. China is the largest smartphone market in number, followed by India. Apart from India, China, Japan, South  Korea, and  Australia are expected to be the major contributors to the market.

Asia-Pacific Augmented Reality Market Segmentation

By Device Type

  • Head-Mounted
  • Head-Up
  • Handheld

By Technology

  • Monitor Based Technology
  • Near Eye Based Technology

By Component

  • Hardware
  • Software
  • By Application
  • Individual
  • Commercials
  • Others (Automotive, Defense, Tourism, Healthcare, Apparels & Accessories)

Regional Analysis

  • China
  • Japan
  • India
  • Rest of Asia-Pacific

Company Profiles

  • Wikitude GmbH
  • Wayray AG
  • Thales Group
  • Seiko Epson Corp.
  • Rokid Corp. Ltd.
  • Qualcomm Technologies Inc.
  • Niantic Inc.
  • Microsoft Corp.
  • Lumus Ltd.
  • Intellectsoft LLC

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/asia-pacific-augmented-reality-market

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

 

For More Information, Visit Orion Market Research

Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. AnuragTiwari

Email: info@omrglobal.com

Contact no: +1 646-755-7667, +91 780-304-0404

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