Global AR in Enterprise Market 2021: By Top Key Players, Types, Applications and Forecast to 2030

The market report titled AR in Enterprise market has recently been added by Absolute Markets Insights to its extensive repository and the data can be used to gain penetrative insights into the businesses. The case study thus addresses the present market scenario and historical developments of the market. The global AR in Enterprise sector has been scrutinized with regards to key elements such as products or services, applications, end-users, and technologies. Moreover, the case study has been gauged on the basis of primary and secondary research methodologies.

Top Key Players includes in AR in Enterprise Market: Apple Inc., Blippar, CyberGlove Systems LLC, DAQRI LLC, Eon Reality, Inc., Facebook Inc., Google Inc, HTC Corporation, Magic Leap, Inc., Marxent Labs LLC, QUALCOMM, PTC Inc., Microsoft, Rockwell Collins, SAMSUNG, Upskill, Vuzix Corporation and Wikitude GmbH among others

Augmented reality leverages the latest innovations in big data analytics, mobile technology and the internet to offer new upgraded communication channels for enterprises. The global augmented reality (AR) in enterprise market was valued at US$ 1,089.59 Mn in 2020 and is expected to reach US$ 8,742.02+ Mn by 2030.

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AR in Enterprise Market, by Enterprise Size

The enterprise size segment of augmented reality (AR) in enterprise market is bifurcated into SME’s and large enterprise, wherein large enterprise is currently dominating the market. Large investments and ongoing projects are the key reason for large enterprises to penetrate maximum into the market. Among large enterprises sectors such as automotive and retail hold a prominent customer base, as the technology is less time consuming and provides more accurate and reliable data to their customers.

AR in Enterprise Market, by Region

North America currently holds the maximum market share in the global augmented reality (AR) in enterprise market. The region has a high adoption of technically advanced products which is expected to propel the growth of the market globally. In this region, United States has the maximum contribution in terms of revenue due to high awareness of AR technology. The region also has prominent players who are investing on different projects and research & development thus further propelling the market growth. However, Asia Pacific is anticipated to grow in future due to growing consumer business in Asia Pacific. Rising retail spending in countries such as China, India, Vietnam and Malaysia will also further contribute to its growth.

Augmented reality (AR) in Enterprise Market Segmentation:

By Component

• Hardware
• Software

By Display Device

• Head-Mounted Display
• Smart Glass
• Head-up Display

By Enterprise Size

• SME’s
• Large Enterprise

By Application

• Automotive
• Aerospace and Defense
• Medical
• Gaming
• Retail

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