Virtual And Augmented Reality -Augmented Reality An Advanced Variant of VR Enhancing The Experience
Virtual
and Augmented Reality Market: Overview
Despite
taking longer than usual to evolve into a mainstream consumer
product, upcoming augmented reality gadgets, which combine the
virtual world with the real world through sophisticated devices, are
forecast to emerge as a thriving business by 2024. Virtual reality
(VR) technology has been existent for several years now and augmented
reality (AR) has now emerged as an advanced variant of VR.
Augmented
reality provides a live direct or indirect view of the users’
real-world environment with elements that are augmented using
computer-generated images and data. Virtual reality, also known as
immersive multimedia, is a computer technology used to replicate an
environment, real or imaginary, to simulate the viewer’s physical
presence in a way that allows the viewer to interact with the
environment.AR technology has been exhibiting ubiquitous growth in
the world of smartphones featuring global positioning system (GPS)
and a camera. These features allow users to experience technology
beyond their imagination. The growth reported by the AR market has
been incredible and in the last year it successfully penetrated the
field of advanced learning and teaching technologies. Additionally,
virtual and augmented reality technologies will be increasingly used
in projects related to smart innovations in the coming years ahead.
The
report provides an executive-level blueprint of the global virtual
and augmented reality market. It analyzes the strategic contribution
of the novel technologies on the virtual and augmented reality market
and provides refined forecasts pertaining to the market’s growth
prospects. It compiles valuable information pertaining to the
applications of VR and AR and reviews the present business models
that have been put into practice by the existing players.
Opportunities in the market for the entry of new companies have been
also evaluated in the report.
Virtual
and Augmented Reality Market: Key Trends and Opportunities
The
global virtual and augmented reality market is segmented into AR and
VR components and sensors, applications, technologies, and
geographical segments. The market is gaining impetus from the
introduction of the latest advances in Internet connectivity and
computing technology. The growing application of AR and VR in the
healthcare industry has been a crucial factor fuelling demand from
the market.
Market
Insight of Virtual and Augmented Reality can be Viewed @
http://bit.ly/1UKPqsx
Enterprises
operating in the virtual and augmented reality market have also been
capitalizing on rising consumer demand in the m-commerce industry. As
the use of GPS and other advanced features in smartphones increases,
the demand for virtual and augmented reality is anticipated to rise
significantly in response. Apart from smartphones, the technology is
also integrated in smart glasses and lenses, the demand for which has
been increasing at a rapid pace over the past few years.
Virtual
and Augmented Reality Market: Region-wise Outlook
The
major regional markets for virtual and augmented reality are Asia
Pacific, North America, Europe, and Rest of the World (RoW). Of
these, the demand for AR and VR has been exceptionally high in Europe
and North America. However, the growing demand for sophisticated
gadgets and smartphones is poised to boost the demand for AR and VR
technologies in the emerging countries in Asia Pacific and Rest of
the World.
Virtual
and Augmented Reality Market: Competitive Outlook
Profiles
of companies such as Qualcomm Inc (the U.S.), Total Immersion
(France), Vuzix Corporation (the U.S.), Metaio GmBH (Germany),
Wikitude GmBH (Austria), and others are included in the report to
present a holistic report on the prevailing competitive landscape.
Geographies analyzed under this research report include
North America
Asia Pacific
Europe
Middle East and Africa
Latin America
This
report provides comprehensive analysis of
Market growth drivers
Factors limiting market growth
Current market trends
Market structure
Market projections for upcoming years
No comments: