The global Mixed Reality market is witnessing high traction lately owing to the increasing demand from the local as well as the international markets. The Mixed Reality market which has been valued at an estimated cost of US$ 49.34 million at the end of 2017 is projected to make huge leaps in terms of growth as experts and industry pundits claim that the Mixed Reality market is touted to clock a high CAGR if 75.1 % for the forecast period of 2017 – 2023. The research experts at Stratistics MRC who have released the new report on the global Mixed Reality market have analyzed some numbers and speculated that at the end of 2023, the Mixed Reality market is expected to reach the value of US$ 2492.7 million which is in line with the CAGR calculated and estimated.
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The global Mixed Reality market research report further includes the segmentations in the market in terms of regions, applications, product types, and more such details and its analysis. The main highlight of the report which is the most beneficial for the customer includes the detailed forecast analysis of the Mixed Reality market for the period of 2018 – 2023, the key insights from which will be beneficial for the customers in terms of planning ahead in terms of the growth and expansion of their organization.
The global Mixed Reality market research report provides key insights into the competition within the market. Customers can gain information on their competition such as their company profile, new products, among others. Some of the key players included in the report include:
● Apple Inc
● Canon
● HTC Corporation
● Magic Leap.
● Infinity Augmented Reality
● Oculus VR
● LLC
● Osterhout Design Group
● Recon Instruments
● Seiko Epson Corporation
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Components Covered:
Software
Hardware
Devices Covered:
Head Mounted Display (Wireless)
Head-Mounted Display (Wired)
End-Users Covered:
Healthcare
Automotive
Aerospace & defense
Entertainment and gaming
Retail and e-commerce
Other End users
Global Mixed Reality Market was valued US$ 1.3 Bn in 2017 and is expected to reach US$ 8.1 Bn by 2026 at a CAGR of 25.69% during the forecast period.
Global Mixed Reality Market Increasing adoption of mixed reality technology across various sectors including education, entertainment, and gaming is driving the growth of global mixed reality market.
High investments in research and development of mixed reality technology also helps to increases the growth of global mixed reality market.
Compared to all other industries (Aerospace & Defense, Architecture) entertainment & gaming is likely to emerge as largest share in the global mixed reality market.
Rise in need for innovation by users encourage entertainment & gaming to invest MR technology, which is expected to supplement the growth of the market.
Asia-Pacific is projected to contribute expressively to the global mixed reality market during the forecast period.
