Mixed Reality Market Companies, Research Segmentation lead Business Growth Future Plans by Global Size and Business Growth || Intel Corporation (U.S.), Sony Corporation (Japan)
Market Scenario:
As per MRFR study, the
rise of the mixed reality market can be at 27% CAGR in the review period
(2016-2022). MRFR study shows that the world market of mixed reality can value
at USD 212 Mn in the study period.
The consumer demand for Mixed
Reality Market Companies is predicted to observe
substantial growth over the projected period. Throughout the study era, North
America was projected to dominate the mixed-reality industry led by Europe.
Market development is driven by the relatively high acceptance of mixed reality
products in North America and the introduction of innovative mixed reality
devices by primary players in this market. The virtual reality market is
strongly affected by the growing demand for AR / VR head-mounted displays in
the gaming and entertainment industry and app creation as well as hardware
modules for immersive user experience. Conversely, the limited battery life and
image latency issues in mixed reality devices can disrupt market growth.
The rise in incorporation
of mixed reality solutions in sports, navigation, healthcare, education, and
travel field can promote the expansion of the world market. The growing need
for enhanced experience in the aerospace sector can improve the expansion of
the world market across the review period. The rise in investment in
innovations enabled by Internet of Things (IoT) can result in the unprecedented
expansion of the market.
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Competitive
Outlook:
MRFR registered some
notable players in the mixed reality market. They are; Seiko Epson Corporation
(Japan), Microsoft Corporation (U.S.), Intel Corporation (U.S.), Sony
Corporation (Japan), Accenture PLC (U.S.), Google, Inc. (U.S.), Facebook, Inc.
(U.S.), HTC Corporation (Taiwan), Samsung (South Korea), Magic Leap, Inc.
(U.S.), and others.
Segmentation:
The segment study of the
mixed reality global market is done by application, components, and product.
The global mixed reality
market segments based on components are hardware and software. The software
segment can gain considerable traction for the market though the analysis
period.
The mixed reality market
segments based on product are computer display, smartphone, HMD display,
head-up display, and tablet PC among others. The rise in support offered by
computer display, smartphone, along with HMD display can impel the expansion of
the mixed reality market in the study period.
The global mixed reality
market segments based on application are automotive, medical, manufacturing,
education, military, gaming & entertainment, IT, and architecture. The rise
in the utility of mixed reality solutions in cash rich sectors, such as IT and
entertainment, can promote the expansion of the global mixed reality market
across the study period. The high preference of millennial for robust and
stratifying gaming experience can add momentum to the worldwide mixed reality
market for the upcoming years.
In North America, mixed
reality market can have the largest annual revenue in analysis period, reveals
the regional analysis conducted by MRFR. Superior infrastructure and
considerable investment in R&D can bolster the expansion of mixed reality
market in North America. The high tendency for latest technology adoption in
different field to enable improved service are other causes that can propel the
regional market. Reputed companies in the area and their dynamics can
contribute to the expansion of the mixed reality market. In Europe, the rise of
the mixed reality market is observed to have similar growth drivers as North
America growth drivers.
In APAC, the growing
adoption of different games is observed as a real game changer for the regional
market. Multiple industries are implementing mixed reality solutions to enable
quick results with enhanced experience. This can underpin the rise of Asia
Pacific mixed reality market through the assessment period. India and Japan are
observed to hold maximum growth opportunity for the regional mixed reality
market.
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Table of Contents:
1 Executive
Summary
2 Scope of the
Report
2.1 Market Definition
2.2 Scope of the Study
2.2.1 Research objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
List of Tables
Table1 North America:
Mixed Reality Market, By Country
Table2 North America:
Mixed Reality Market, By Component
Table3 North America:
Mixed Reality Market, By Product
Continued…
List of Figures
FIGURE 1 Global Mixed Reality
Segmentation
FIGURE 2 Forecast
Methodology
FIGURE 3 Porter’s Five
Forces Analysis Of Global Mixed Reality Market
Continued…
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