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Mobile Augmented Reality Market Size, Growth Drivers, SWOT Analysis 2025

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The   Mobile Augmented Reality Market   is projected to grow from USD 7.6 billion in 2020 to USD 29.5 billion by 2025; it is expected to grow at a CAGR of 31.1% from 2020 to 2025. Augmented reality is revolutionizing the way we see things, with one of the recent examples being the Pokemon GO game, which is a location-based augmented reality mobile game, and it is spreading like wildfire across the globe. With the development of this technology and more and more applications, the shift to the use of mobile in AR applications is expected to bring in winds of change in the digital world in the near future. Mobile AR market is predicted to expand tremendously over the coming years, majorly driven by the huge demand and usage of smartphones and other smart devices, the reason being that they offer quick and portable access to AR apps, thus enriching AR experiences. Among verticals, the commercial segment held the largest market share in 2015, followed by the consumer segment. The c...

Mobile Augmented Reality Market Revenue, Major Players and Forecast To 2025

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Key Players: Major Vendors in the  Mobile Augmented Reality Market  include Google (US), PTC (US), Apple (US), Wikitude (Austria), Samsung Electronics (South Korea), Blippar (UK), MAXST (South Korea), Magic Leap, (US), Upskill (US), and Atheer (US). Apart from these, Talespin (US), Scanta (US), Craftars (Romania), Appentus Technologies (India), and BidOn Games Studio (Ukraine) are among a few emerging companies in the Mobile Augmented Reality Market. Market for Mobile Augmented Reality Services is projected to grow at a higher CAGR during the forecast period Cloud computing-based AR is used to compare captured images with those in the database and send back relevant information to the mobile device. The mobile device further processes the image and detects, resizes, and generates 3D images. From productivity enrichment, feature enhancement to regular functionality updates, AR mobile app maintenance and support services help users to make their apps convenient to use. It includ...

Mobile Augmented Reality Market Size to grow at a CAGR of 31.1% by 2025 | Research by MarketsandMarkets

  The   Mobile Augmented Reality Market   is projected to grow from USD 7.6 billion in 2020 to USD 29.5 billion by 2025; it is expected to grow at a CAGR of 31.1% from 2020 to 2025. Surge in adoption of AR technology by travel & tourism and education sector, increase in online gaming activities during COVID-19 pandemic, and rise in demand for mobile AR from retail sector to enhance consumers shopping experience are the key factors driving the market growth. Key Players: Major Vendors in the Mobile Augmented Reality Market include Google (US), PTC (US), Apple (US), Wikitude (Austria), Samsung Electronics (South Korea), Blippar (UK), MAXST (South Korea), Magic Leap, (US), Upskill (US), and Atheer (US). Apart from these, Talespin (US), Scanta (US), Craftars (Romania), Appentus Technologies (India), and BidOn Games Studio (Ukraine) are among a few emerging companies in the Mobile Augmented Reality Market. Download PDF Brochure:  https://www.marketsandmarkets.com/pdfd...