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

Europe District Heating & Cooling Market Present Scenario and the Growth Prospects (2019-2024)
Europe District Heating & Cooling Market Present Scenario and the Growth Prospects (2019-2024)
By Rahul Varpe

Europe District Heating & Cooling Market size is estimated to exceed USD 150 billion by 2024. Shifting trend toward the adoption of energy efficient solutions along with increasing implementat...

North America Ambulatory Surgical Centers Market: In-Depth Market Research and Major Growth Report by 2024
North America Ambulatory Surgical Centers Market: In-Depth Market Research and Major Growth Report by 2024
By Rahul Varpe

Increasing geriatric population will act as high impact rendering factor in ambulatory surgical centers market growth. Geriatric people are more prone to suffer from several diseases due to anatomic and functional chan...

Asia Pacific Medical Oxygen Concentrators Market statistics and research analysis released in latest report (2019-2025)
Asia Pacific Medical Oxygen Concentrators Market statistics and research analysis released in latest report (2019-2025)
By Rahul Varpe

Increasing number of baby boomers in Asia Pacific will act as primary driver for medical oxygen concentrators market growth in the region. Elderly people are prone to suffer from various respiratory conditions leading ...