Augmented Reality Connected Service Market: Global Industry Analysis and Forecast (2022-2029)


Augmented Reality Connected Service Market is expected to reach US$ 34.43 Bn. by 2029, at a CAGR of 40% throughout the forecast period.

Augmented Reality Connected Service Market Introduction and Market scenario:

Augmented reality is a combination of digital information with a real-time environment. The augmented reality connected services consist of services for the applications of training, preparation of annual reports and brochures, architectural projects/new construction, games, trade show environments, marketing campaigns, medical uses, data visualization, entertainment, and location-based education. Also, the fact that augmented reality (AR) is in the rising phase of adoption, the innovation is necessary to offer different guides to warehousing operation, transportation advancement, and last-mile conveyance and upgraded approval included administrations. It offers new choices for controlling certifiable questions, as an ever-increasing number of knowledge objects, are associated through the web.Global Augmented Reality Connected Service MarketTo know about the Research Methodology :- Request Free Sample Report

The several risks related to the usage of augmented reality products and services, such as consumer privacy & data security and product liability & safety issues are expected to obstruct the growth of the augmented reality connected services market during the forecast period (2022-2029).

A brief analysis of drivers, restraints, opportunities, and challenges in the market is covered with examples by region in the report. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. It also has covered the analysis of key player’s growth strategies, micro and macro analysis of markets, key developments, and key trends in the market.

Augmented Reality Connected Service Market Segment:

The global augmented reality connected service market is segmented into augmentation type, component, and end-user. Based on the augmentation type, the market is segmented into display, geospatial, and recognition augmentation. Also, the component segment is categorized into hardware and software. Among these, the hardware segment is further sub-segmented into the head-mounted display, smart glass, head-up display, handheld device, 3D cameras, sensors, and semiconductor components. Additionally, based on end-user, the market is segmented into aerospace & defense, consumer, medical, education, commercial, and others. Among these, the aerospace & defense segment is expected to grow at the highest CAGR of xx% of the global market during the estimated period. The detailed information about each segment is analyzed in the MMR report.

Augmented Reality Connected Service Market Regional Insights:

North America is expected to hold the largest market share of 40% in the global market by 2029, followed by Europe. Europe is expected to dominate the augmented reality connected services market in the future. This is mainly because many of the recognized companies are investing through strategic partnerships and collaborations with key players. For example, In May 2021, Unity Technologies, a US-based global creator and operator of interactive, real-time 3D (RT3D) content, acquired the Finger Food Advanced Technology Group. With this acquisition, the company is expected to expand Unity’s work beyond gaming as Finger Food will ensure the development and deployment of scalable RT3D solutions and services to numerous industries and enterprises.

Asia Pacific has observed high growth in 2021 and is expected to dominate its steady position in the augmented reality connected services market in the future. This growth is mainly because of the rising number of startups in the Asia Pacific.The objective of the report is to present a comprehensive analysis of the Global Augmented Reality Connected Service Market to the stakeholders in the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants.

PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.

The report also helps in understanding Global Augmented Reality Connected Service Market dynamics, structure by analyzing the market segments and project the Global Augmented Reality Connected Service Market size. Clear representation of competitive analysis of key players by type, price, financial position, product portfolio, growth strategies, and regional presence in the Global Augmented Reality Connected Service Market make the report investor’s guide.

Global Augmented Reality Connected Service Market Scope: Inquire before buying

 





Global Augmented Reality Connected Service Market




Report Coverage
Details




Base Year:
2021
Forecast Period:
2022-2029




Historical Data:
2017 to 2021
Market Size in 2021:
US $ 2.33 Bn.




Forecast Period 2022 to 2029 CAGR:
40%
Market Size in 2029:
US $ 34.43 Bn.




 Segments Covered:
by Augmented Type
• Display
• Geospatial
• Recognition Augmentation




by Component
• •Hardware
• Head Mounted Display
• Smart Glass
• Head-Up Display
•. Handheld Device
• 3D Cameras
• Sensors
• Semiconductor Component
• •Software




by End User Verticals
• Aerospace & Defense
• Consumer
• Medical
• Education
• Commercial
• Others






Augmented Reality Connected Service Market, By Region

• North America
• Europe
• Asia Pacific
• Middle East & Africa
• South America

Augmented Reality Connected Service Market Major Key Players are:

• NuFormer Projection B.V.
• Manus Virtalis Ltd.
• MindMaze SA
• Blippar.com Ltd.
• Barco N.V.
• Machinae B.V.
• Nokia Corporation.
• EON Reality Inc.
• HTC Corporation.
• VirZOOM Inc.
• Oculus VR LLC
• ZeroLight Ltd.
• Independiente Communications Ltd.
• Microsoft Corporation.
• Aurasma Ltd.
• Samsung Electronics Co. Ltd.
• Google Inc.
• Infinity Augmented Reality Inc.
• Vuzix Corporation
• Sony Interactive Entertainment LLC
• CyberGlove Systems Inc.
• Others

Frequently Asked questions

1. What is the market size of the Global Augmented Reality Connected Service Market in 2021?
Ans. The market size Global Augmented Reality Connected Service Market in 2021 was US$ 2.33 Billion.

2. What are the different segments of the Global Augmented Reality Connected Service Market?
Ans. The Global Augmented Reality Connected Service Market  is divided into End User Verticals, Augmented Type and Component.

3. What is the study period of this market?
Ans. The Global Augmented Reality Connected Service Market will be studied from 2021 to 2029.

4. Which region is expected to hold the highest Global Augmented Reality Connected Service Market share?
Ans. The Asia Pacific dominates the market share in the  market.

5. What  is the Forecast Period of Global Augmented Reality Connected Service Market?
Ans. The Forecast Period of the market is 2022-2029 in the market.

  




1.Preface
1.1. Market Definition and Key Research Objectives
1.2. Research Highlights
2. Assumptions and Research Methodology
2.1. Report Assumptions
2.2. Abbreviations
2.3. Research Methodology
2.3.1. Secondary Research
2.3.1.1. Secondary data
2.3.1.2. Secondary Sources
2.3.2. Primary Research
2.3.2.1. Data from Primary Sources
2.3.2.2. Breakdown of Primary Sources
3. Executive Summary: Global Augmented Reality Connected Service Market Size, by Market Value (US$ Bn)
3.1. Global Market Segmentation
3.2. Global Market Segmentation Share Analysis, 2019
3.2.1. Global
3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa)
3.3. Geographical Snapshot of the Augmented Reality Connected Service Market
3.4. Geographical Snapshot of the Augmented Reality Connected Service Market, By Manufacturer share
4. Global Augmented Reality Connected Service Market Overview, 2021-2029
4.1. Market Dynamics
4.1.1. Drivers
4.1.1.1. Global
4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa)
4.1.2. Restraints
4.1.2.1. Global
4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa)
4.1.3. Opportunities
4.1.3.1. Global
4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa)
4.1.4. Challenges
4.1.4.1. Global
4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa)
4.1.5. Industry Trends and Emerging Technologies
4.1.6. Porters Five Forces Analysis
4.1.6.1. Threat of New Entrants
4.1.6.2. Bargaining Power of Buyers/Consumers
4.1.6.3. Bargaining Power of Suppliers
4.1.6.4. Threat of Substitute Products
4.1.6.5. Intensity of Competitive Rivalry
4.1.7. Value Chain Analysis
4.1.8. Technological Roadmap
4.1.9. Regulatory landscape
4.1.10. Impact of the Covid-19 Pandemic on the Global Augmented Reality Connected Service Market
5. Supply Side and Demand Side Indicators
6. Global Augmented Reality Connected Service Market Analysis and Forecast, 2021-2029
6.1. Global Augmented Reality Connected Service Market Size & Y-o-Y Growth Analysis.
7. Global Augmented Reality Connected Service Market Analysis and Forecasts, 2021-2029
7.1. Market Size (Value) Estimates & Forecast By Augmentation Type, 2021-2029
7.1.1. Display
7.1.2. Geospatial
7.1.3. Recognition Augmentation
7.2. Market Size (Value) Estimates & Forecast By Component, 2021-2029
7.2.1. Hardware
7.2.1.1. Head Mounted Display
7.2.1.2. Smart Glass
7.2.1.3. Head-Up Display
7.2.1.4. Handheld Device
7.2.1.5. 3D Cameras
7.2.1.6. Sensors
7.2.1.7. Semiconductor Component
7.2.2. Software
7.3. Market Size (Value) Estimates & Forecast By End User Verticals, 2021-2029
7.3.1. Aerospace & Defense
7.3.2. Consumer
7.3.3. Medical
7.3.4. Education
7.3.5. Commercial
7.3.6. Others
8. Global Augmented Reality Connected Service Market Analysis and Forecasts, By Region
8.1. Market Size (Value) Estimates & Forecast By Region, 2021-2029
8.1.1. North America
8.1.2. Europe
8.1.3. Asia-Pacific
8.1.4. Middle East & Africa
8.1.5. South America
9. North America Augmented Reality Connected Service Market Analysis and Forecasts, 2021-2029
9.1. Market Size (Value) Estimates & Forecast By Augmentation Type, 2021-2029
9.1.1. Display
9.1.2. Geospatial
9.1.3. Recognition Augmentation
9.2. Market Size (Value) Estimates & Forecast By Component, 2021-2029
9.2.1. Hardware
9.2.1.1. Head Mounted Display
9.2.1.2. Smart Glass
9.2.1.3. Head-Up Display
9.2.1.4. Handheld Device
9.2.1.5. 3D Cameras
9.2.1.6. Sensors
9.2.1.7. Semiconductor Component
9.2.2. Software
9.3. Market Size (Value) Estimates & Forecast By End User Verticals, 2021-2029
9.3.1. Aerospace & Defense
9.3.2. Consumer
9.3.3. Medical
9.3.4. Education
9.3.5. Commercial
9.3.6. Others
10. North America Augmented Reality Connected Service Market Analysis and Forecasts, By Country
10.1. Market Size (Value) Estimates & Forecast By Country, 2021-2029
10.1.1. US
10.1.2. Canada
10.1.3. Mexico
11. U.S. Augmented Reality Connected Service Market Analysis and Forecasts, 2021-2029
11.1. Market Size (Value) Estimates & Forecast By Augmentation Type, 2021-2029
11.2. Market Size (Value) Estimates & Forecast By Component, 2021-2029
11.3. Market Size (Value) Estimates & Forecast By End User Verticals, 2021-2029
12. Canada Augmented Reality Connected Service Market Analysis and Forecasts, 2021-2029
12.1. Market Size (Value) Estimates & Forecast By Augmentation Type, 2021-2029
12.2. Market Size (Value) Estimates & Forecast By Component, 2021-2029
12.3. Market Size (Value) Estimates & Forecast By End User Verticals, 2021-2029
13. Mexico Augmented Reality Connected Service Market Analysis and Forecasts, 2021-2029
13.1. Market Size (Value) Estimates & Forecast By Augmentation Type, 2021-2029
13.2. Market Size (Value) Estimates & Forecast By Component, 2021-2029
13.3. Market Size (Value) Estimates & Forecast By End User Verticals, 2021-2029
14. Europe Augmented Reality Connected Service Market Analysis and Forecasts, 2021-2029
14.1. Market Size (Value) Estimates & Forecast By Augmentation Type, 2021-2029
14.2. Market Size (Value) Estimates & Forecast By Component, 2021-2029
14.3. Market Size (Value) Estimates & Forecast By End User Verticals, 2021-2029
15. Europe Augmented Reality Connected Service Market Analysis and Forecasts, By Country
15.1. Market Size (Value) Estimates & Forecast By Country, 2021-2029
15.1.1. U.K
15.1.2. France
15.1.3. Germany
15.1.4. Italy
15.1.5. Spain
15.1.6. Sweden
15.1.7. CIS Countries
15.1.8. Rest of Europe
16. U.K. Augmented Reality Connected Service Market Analysis and Forecasts, 2021-2029
16.1. Market Size (Value) Estimates & Forecast By Augmentation Type, 2021-2029
16.2. Market Size (Value) Estimates & Forecast By Component, 2021-2029
16.3. Market Size (Value) Estimates & Forecast By End User Verticals, 2021-2029
17. France Augmented Reality Connected Service Market Analysis and Forecasts, 2021-2029
17.1. Market Size (Value) Estimates & Forecast By Augmentation Type, 2021-2029
17.2. Market Size (Value) Estimates & Forecast By Component, 2021-2029
17.3. Market Size (Value) Estimates & Forecast By End User Verticals, 2021-2029
18. Germany Augmented Reality Connected Service Market Analysis and Forecasts, 2021-2029
18.1. Market Size (Value) Estimates & Forecast By Augmentation Type, 2021-2029
18.2. Market Size (Value) Estimates & Forecast By Component, 2021-2029
18.3. Market Size (Value) Estimates & Forecast By End User Verticals, 2021-2029
19. Italy Augmented Reality Connected Service Market Analysis and Forecasts, 2021-2029
19.1. Market Size (Value) Estimates & Forecast By Augmentation Type, 2021-2029
19.2. Market Size (Value) Estimates & Forecast By Component, 2021-2029
19.3. Market Size (Value) Estimates & Forecast By End User Verticals, 2021-2029
20. Spain Augmented Reality Connected Service Market Analysis and Forecasts, 2021-2029
20.1. Market Size (Value) Estimates & Forecast By Augmentation Type, 2021-2029
20.2. Market Size (Value) Estimates & Forecast By Component, 2021-2029
20.3. Market Size (Value) Estimates & Forecast By End User Verticals, 2021-2029
21. Sweden Augmented Reality Connected Service Market Analysis and Forecasts, 2021-2029
21.1. Market Size (Value) Estimates & Forecast By Augmentation Type, 2021-2029
21.2. Market Size (Value) Estimates & Forecast By Component, 2021-2029
21.3. Market Size (Value) Estimates & Forecast By End User Verticals, 2021-2029
22. CIS Countries Augmented Reality Connected Service Market Analysis and Forecasts, 2021-2029
22.1. Market Size (Value) Estimates & Forecast By Augmentation Type, 2021-2029
22.2. Market Size (Value) Estimates & Forecast By Component, 2021-2029
22.3. Market Size (Value) Estimates & Forecast By End User Verticals, 2021-2029
23. Rest of Europe Augmented Reality Connected Service Market Analysis and Forecasts, 2021-2029
23.1. Market Size (Value) Estimates & Forecast By Augmentation Type, 2021-2029
23.2. Market Size (Value) Estimates & Forecast By Component, 2021-2029
23.3. Market Size (Value) Estimates & Forecast By End User Verticals, 2021-2029
24. Asia Pacific Augmented Reality Connected Service Market Analysis and Forecasts, 2021-2029
24.1. Market Size (Value) Estimates & Forecast By Augmentation Type, 2021-2029
24.2. Market Size (Value) Estimates & Forecast By Component, 2021-2029
24.3. Market Size (Value) Estimates & Forecast By End User Verticals, 2021-2029
25. Asia Pacific Augmented Reality Connected Service Market Analysis and Forecasts, by Country
25.1. Market Size (Value) Estimates & Forecast By Country, 2021-2029
25.1.1. China
25.1.2. India
25.1.3. Japan
25.1.4. South Korea
25.1.5. Australia
25.1.6. ASEAN
25.1.7. Rest of Asia Pacific
26. China Augmented Reality Connected Service Market Analysis and Forecasts, 2021-2029
26.1. Market Size (Value) Estimates & Forecast By Augmentation Type, 2021-2029
26.2. Market Size (Value) Estimates & Forecast By Component, 2021-2029
26.3. Market Size (Value) Estimates & Forecast By End User Verticals, 2021-2029
27. India Augmented Reality Connected Service Market Analysis and Forecasts, 2021-2029
27.1. Market Size (Value) Estimates & Forecast By Augmentation Type, 2021-2029
27.2. Market Size (Value) Estimates & Forecast By Component, 2021-2029
27.3. Market Size (Value) Estimates & Forecast By End User Verticals, 2021-2029
28. Japan Augmented Reality Connected Service Market Analysis and Forecasts, 2021-2029
28.1. Market Size (Value) Estimates & Forecast By Augmentation Type, 2021-2029
28.2. Market Size (Value) Estimates & Forecast By Component, 2021-2029
28.3. Market Size (Value) Estimates & Forecast By End User Verticals, 2021-2029
29. South Korea Augmented Reality Connected Service Market Analysis and Forecasts, 2021-2029
29.1. Market Size (Value) Estimates & Forecast By Augmentation Type, 2021-2029
29.2. Market Size (Value) Estimates & Forecast By Component, 2021-2029
29.3. Market Size (Value) Estimates & Forecast By End User Verticals, 2021-2029
30. Australia Augmented Reality Connected Service Market Analysis and Forecasts, 2021-2029
30.1. Market Size (Value) Estimates & Forecast By Augmentation Type, 2021-2029
30.2. Market Size (Value) Estimates & Forecast By Component, 2021-2029
30.3. Market Size (Value) Estimates & Forecast By End User Verticals, 2021-2029
31. ASEAN Augmented Reality Connected Service Market Analysis and Forecasts, 2021-2029
31.1. Market Size (Value) Estimates & Forecast By Augmentation Type, 2021-2029
31.2. Market Size (Value) Estimates & Forecast By Component, 2021-2029
31.3. Market Size (Value) Estimates & Forecast By End User Verticals, 2021-2029
32. Rest of Asia Pacific Augmented Reality Connected Service Market Analysis and Forecasts, 2021-2029
32.1. Market Size (Value) Estimates & Forecast By Augmentation Type, 2021-2029
32.2. Market Size (Value) Estimates & Forecast By Component, 2021-2029
32.3. Market Size (Value) Estimates & Forecast By End User Verticals, 2021-2029
33. Middle East Africa Augmented Reality Connected Service Market Analysis and Forecasts, 2021-2029
33.1. Market Size (Value) Estimates & Forecast By Augmentation Type, 2021-2029
33.2. Market Size (Value) Estimates & Forecast By Component, 2021-2029
33.3. Market Size (Value) Estimates & Forecast By End User Verticals, 2021-2029
34. Middle East Africa Augmented Reality Connected Service Market Analysis and Forecasts, by Country
34.1. Market Size (Value) Estimates & Forecast by Country, 2021-2029
34.1.1. South Africa
34.1.2. GCC Countries
34.1.3. Egypt
34.1.4. Nigeria
34.1.5. Rest of ME&A
35. South Africa Augmented Reality Connected Service Market Analysis and Forecasts, 2021-2029
35.1. Market Size (Value) Estimates & Forecast By Augmentation Type, 2021-2029
35.2. Market Size (Value) Estimates & Forecast By Component, 2021-2029
35.3. Market Size (Value) Estimates & Forecast By End User Verticals, 2021-2029
36. GCC Countries Augmented Reality Connected Service Market Analysis and Forecasts, 2021-2029
36.1. Market Size (Value) Estimates & Forecast By Augmentation Type, 2021-2029
36.2. Market Size (Value) Estimates & Forecast By Component, 2021-2029
36.3. Market Size (Value) Estimates & Forecast By End User Verticals, 2021-2029
37. Egypt Augmented Reality Connected Service Market Analysis and Forecasts, 2021-2029
37.1. Market Size (Value) Estimates & Forecast By Augmentation Type, 2021-2029
37.2. Market Size (Value) Estimates & Forecast By Component, 2021-2029
37.3. Market Size (Value) Estimates & Forecast By End User Verticals, 2021-2029
38. Nigeria Augmented Reality Connected Service Market Analysis and Forecasts, 2021-2029
38.1. Market Size (Value) Estimates & Forecast By Augmentation Type, 2021-2029
38.2. Market Size (Value) Estimates & Forecast By Component, 2021-2029
38.3. Market Size (Value) Estimates & Forecast By End User Verticals, 2021-2029
39. Rest of ME&A Augmented Reality Connected Service Market Analysis and Forecasts, 2021-2029
39.1. Market Size (Value) Estimates & Forecast By Augmentation Type, 2021-2029
39.2. Market Size (Value) Estimates & Forecast By Component, 2021-2029
39.3. Market Size (Value) Estimates & Forecast By End User Verticals, 2021-2029
40. South America Augmented Reality Connected Service Market Analysis and Forecasts, 2021-2029
40.1. Market Size (Value) Estimates & Forecast By Augmentation Type, 2021-2029
40.2. Market Size (Value) Estimates & Forecast By Component, 2021-2029
40.3. Market Size (Value) Estimates & Forecast By End User Verticals, 2021-2029
41. South America Augmented Reality Connected Service Market Analysis and Forecasts, by Country
41.1. Market Size (Value) Estimates & Forecast by Country, 2021-2029
41.1.1. Brazil
41.1.2. Argentina
41.1.3. Rest of South America
42. Brazil Augmented Reality Connected Service Market Analysis and Forecasts, 2021-2029
42.1. Market Size (Value) Estimates & Forecast By Augmentation Type, 2021-2029
42.2. Market Size (Value) Estimates & Forecast By Component, 2021-2029
42.3. Market Size (Value) Estimates & Forecast By End User Verticals, 2021-2029
43. Argentina Augmented Reality Connected Service Market Analysis and Forecasts, 2021-2029
43.1. Market Size (Value) Estimates & Forecast By Augmentation Type, 2021-2029
43.2. Market Size (Value) Estimates & Forecast By Component, 2021-2029
43.3. Market Size (Value) Estimates & Forecast By End User Verticals, 2021-2029
44. Rest of South America Augmented Reality Connected Service Market Analysis and Forecasts, 2021-2029
44.1. Market Size (Value) Estimates & Forecast By Augmentation Type, 2021-2029
44.2. Market Size (Value) Estimates & Forecast By Component, 2021-2029
44.3. Market Size (Value) Estimates & Forecast By End User Verticals, 2021-2029
45. Competitive Landscape
45.1. Geographic Footprint of Major Players in the Global Augmented Reality Connected Service Market
45.2. Competition Matrix
45.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, Applications and R&D Investment
45.2.2. New Product Launches and Product Enhancements
45.2.3. Market Consolidation
45.2.3.1. M&A by Regions, Investment and Verticals
45.2.3.2. M&A, Forward Integration and Backward
Integration
45.2.3.3. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements
45.3. Company Profile: Key Players
45.3.1. NuFormer Projection B.V.
45.3.1.1. Company Overview
45.3.1.2. Financial Overview
45.3.1.3. Geographic Footprint
45.3.1.4. Product Portfolio
45.3.1.5. Business Strategy
45.3.1.6. Recent Developments
45.3.2. Manus Virtalis Ltd.
45.3.3. MindMaze SA
45.3.4. Blippar.com Ltd.
45.3.5. Barco N.V.
45.3.6. Machinae B.V.
45.3.7. Nokia Corporation.
45.3.8. EON Reality Inc.
45.3.9. HTC Corporation.
45.3.10. VirZOOM Inc.
45.3.11. Oculus VR LLC
45.3.12. ZeroLight Ltd.
45.3.13. Independiente Communications Ltd.
45.3.14. Microsoft Corporation.
45.3.15. Aurasma Ltd.
45.3.16. Samsung Electronics Co. Ltd.
45.3.17. Google Inc.
45.3.18. Infinity Augmented Reality Inc.
45.3.19. Vuzix Corporation
45.3.20. Sony Interactive Entertainment LLC
45.3.21. CyberGlove Systems Inc.
45.3.22. Others
46. Primary Key Insights
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