Mixed Reality Market, Scope and overview Booming Worldwide Size, Share, Trend, Intel Corporation (U.S.), Sony Corporation (Japan)
Market Scenario:
The global mixed reality
market is expected to expand at 48.6% CAGR during the forecast period.
Mixed reality is the
merging of real and virtual worlds for producing new worlds and environments.
The new reality is made possible due to advances in display technology, graphic
processors, computer vision and input systems. The global mixed reality market
report by Market Research Future (MRFR) covers pertinent factors and hurdles to
be faced by the industry for the period of 2018 to 2023 (forecast period). The
COVID-19 outbreak and its implications on the industry are highlighted and
expounded in the report.
The consumer demand for Mixed
Reality Market 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.
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Competitive
Outlook:
Sony Corporation,
Accenture PLC, Facebook Inc., HTC Corporation, Microsoft Corporation, Seiko
Epson Corporation, Google LLC, Magic Leap, Inc, Intel Corporation, and Samsung
Electronics Co., Ltd are key players of the global mixed reality market.
Segmentation:
Hardware
that includes processors, sensors, displays, input devices, power units, and
software.
Software
includes Custom Software and Out-of-Box Software
The
hardware segment in the research study is expected to dominate the market
during the forecast period owing to a rise in the number of mixed reality
hardware.
Regional Analysis:
In North America, increasing penetration of AR &
VR devices for mixed reality devices is fueling the market growth of the mixed
reality market. Furthermore, the presence of key players such as Microsoft
Corporation, Intel Corporation, Magic Leap, Inc., and Google, Inc. are expected
to fuel the among market growth in this region. The US dominates the market in
North America followed by Canada. Asia-Pacific is expected to hold a
significant share in the market. Japan is expected to dominate the Asia-Pacific
mixed reality market, followed by China, during the forecast period.
North America has been anticipated to lead the
mixed reality market during the study period, followed by Europe. Significantly
high adoption of mixed reality products in North America and the launch of
advanced mixed reality products by key players in this region are contributing
to the market growth.
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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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