Augmented Reality and Virtual Reality Market worth US$ 130.01 Bn by 2 Augmented Reality and Virtual Reality Market worth | Page 3
Augmented Reality and Virtual Reality Market to 2025
AR and VR market has been divided into segments such as technology i.e., AR and VR technologies, components and
end-user industries. Components segment is further divided into sensors and other semiconductor components.
End-user industry includes, Industrial, education, medical, aerospace & defense, entertainment and retail among
others. The entertainment industry finds the largest application in the AR and VR market and consequently is
expected to grow at a CAGR of 43.9% during the forecast period. AR and VR market is further bifurcated into
geography`s which includes North America, Europe, APAC, Latin America (SAM) and Middle East & Africa (MEA).
One of the prominent regions among these is North America which has registered highest adoption of AR and VR
technologies in the current years, however APAC is estimated to be the leader in near future. Some of the major
players of AR and VR market are Innovega, Inc., Augmented Pixels Co., Vuzix Corporation, DAQRI LLC,Total
Immersion, Blippar, Oculus VR LLC, EON Reality, Inc., Microsoft Corporation, and Google, Inc. among others.
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