North America (AR) Augmented Reality Market Share Promising Growth Opportunities over 2024
Category: #reports  By Rahul Varpe  Date: 2020-04-28
  • share
  • Twitter
  • Facebook
  • LinkedIn

North America (AR) Augmented Reality Market Share Promising Growth Opportunities over 2024

According to the Graphical Research new growth forecast report titled “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”, estimated to exceed 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.

Request for a sample of this report @ https://www.graphicalresearch.com/request/1004/sample

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.

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

Browse key industry insights along with Full TOC @ https://www.graphicalresearch.com/table-of-content/1004/north-america-augmented-reality-market

Related Reports:

North America Legal Process Outsourcing Market : https://www.marketwatch.com/press-release/north-america-legal-process-outsourcing-lpo-market-estimated-to-flourish-at-5-bn-by-2024-2020-04-20

North America Electronic Shelf Esl Market : https://www.marketwatch.com/press-release/north-america-electronic-shelf-label-esl-market-analysis-by-2024-top-players-2020-04-24
 

 

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.

Contact Us:

Parikhit B. 
Corporate sales, 
Graphical Research 
Email: [email protected] 
Web: https://www.graphicalresearch.com



About Author

Rahul Varpe

Email: [email protected]   

Rahul Varpe

Rahul Varpe currently writes for Technology Magazine. A communication Engineering graduate by education, Rahul started his journey in as a freelancer writer along with regular jobs. Rahul has a prior experience in writing as well as marketing of services and products ...

Read More

More News By Rahul Varpe

Forestry Equipment Market | Regional Growth Forecast 2020-2026
Forestry Equipment Market | Regional Growth Forecast 2020-2026
By Rahul Varpe

The research report on forestry equipment market offers a comprehensive view of this industry with every crucial detail subject to its overall stance in the global landscape and its applications in myriad sectors. ...

Airport Moving Walkways Market 2020 By Industry Trends & Regional Forecast To 2026
Airport Moving Walkways Market 2020 By Industry Trends & Regional Forecast To 2026
By Rahul Varpe

The research document drafted on airport moving walkways market provides an in-depth analysis on this industry with accurate details pertaining to its overall foothold in the global landscape and its application across...

Windows & Doors Market Business Growth 2020-2026 By Regional Players
Windows & Doors Market Business Growth 2020-2026 By Regional Players
By Rahul Varpe

The market study on windows & doors market provides a complete view on the industry with intricate details subject to its overall stance in the global landscape along with specifying various applications across maj...