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North America Augmented Reality Market Share, Growth, Production, Revenue & Forecast by 2024

Author: Madhuri Pawar
by Madhuri Pawar
Posted: Jan 24, 2019
north america

"North America (AR) Augmented Reality Market analysis based on Component, Application, Industry Analysis Report, Regional Outlook, Application Potential, Price Trends, Competitive Market Share & Forecast, 2017 – 2024" by Graphical Research. says, North America Augmented Reality Market size is set to surpass USD 19 billion by 2024.

Emerging applications of AR devices in the retail sector are growing at a rapid pace in North America AR market. The applications of this technology in the sector are attracting the customers and providing them with information about the products & services of the company. Several retail companies have installed these devices in their stores, providing visual merchandising of these products. For instance, Charlotte Tilbury has installed magic mirror AR technology. It has partnered with Holition, a software provider to install such mirrors.

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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.

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.

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The key players operating in the North America AR market include Facebook, HTC, Intel, AccuVein, Inc., Affectiva, Inc., APX Labs, Google, Inc., and Microsoft Corporation. These players in the North America AR market are targeting the healthcare sector wherein a high demand for these devices can be witnessed for the treatment of several diseases. In February 2018, Intel Corporation developed AR smart glasses, which project the information directly to the retina of the observer.

Segments We Cover:

North America Augmented Reality Market Statistics, By Component

Hardware

Software

North America Augmented Reality Market Trends, By Application

Medical

Automotive

Aerospace & defense

Gaming

Retail

Industrial

The above information is provided for the following countries:

U.S.

Canada

Browse key industry insights from this 2018 report North America Augmented Reality Market in detail along with the table of contents at:

https://www.graphicalresearch.com/industry-insights/1004/north-america-AR-augmented-reality-market

Related Reports:

  1. Europe (AR) Augmented Reality Market Size By Component (Hardware [Smart Glasses, Head-Mounted Display (HMD), Head-Up Display (HUD)], Software), By Application (Medical, Automotive, Aerospace & Defense, Gaming, Retail, Industrial), Industry Analysis Report, Regional Outlook (Germany, UK, France, Italy, Russia), Application Potential, Price Trends, Competitive Market Share & Forecast, 2017 – 2024
  2. Asia Pacific (AR) Augmented Reality Market Size By Component (Hardware [Smart Glasses, Head-Mounted Display (HMD), Head-Up Display (HUD)], Software), By Application (Medical, Automotive, Aerospace & Defense, Gaming, Retail, Industrial), Industry Analysis Report, Regional Outlook (China, Japan, India, South Korea, Taiwan), Application Potential, Price Trends, Competitive Market Share & Forecast, 2017 – 2024

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.

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About the Author

Graphical Research is a business research firm that provides industry insights, market forecast and strategic inputs through granular research reports and advisory services.

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Author: Madhuri Pawar

Madhuri Pawar

India

Member since: Sep 06, 2018
Published articles: 33

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