Global Virtual and Augmented Reality Market to 2028

DUBLIN, June 23, 2020 /PRNewswire/ — The “Global Virtual and Augmented Reality Market Analysis & Trends – Industry Forecast to 2028” report has been added to’s offering.

The Global Virtual and Augmented Reality market is poised to grow at a CAGR of around 70.2% by 2028. Some of the prominent trends that the market is witnessing include introduction of industry-specific solutions, high demand for augmented reality-based head up displays and recent technological developments in virtual and augmented reality.

Based on device type the market is categorized into virtual reality devices and augmented reality devices. Furthermore, virtual reality devices are divided into projector & display wall, gesture control device and head-mounted display (HMD). Augmented Reality Devices are further categorized into handheld device, head-mounted displays and head-up display (HUD).

Virtual and Augmented Reality market is segregated by component into augmented reality & virtual reality software components and augmented reality & virtual reality hardware components. In addition, augmented reality and virtual reality software component is segregated into cloud-based services and software development kits. Augmented Reality and Virtual Reality Hardware Component is divided into semiconductor component, displays, sensors and 3d camera.

Virtual and Augmented Reality market is bifurcated by technology into virtual reality technology and augmented reality technology. Moreover, virtual reality technology is divided into semi-immersive & fully-immersive technologies and non-immersive technology. Augmented Reality Technology is segmented into markerless augmented reality and marker-based augmented reality.

By application the market is segmented into virtual reality applications and augmented reality applications. Furthermore, virtual reality applications is divided into aerospace and defense, industrial, medical, commercial and consumer. Augmented Reality Applications is segmented into medical, commercial, aerospace and defense, consumer and other augmented reality applications.

This industry report analyzes the market estimates and forecasts of all the given segments on global as well as regional levels presented in the research scope. The study provides historical market data for 2017, 2018 revenue estimations are presented for 2019 and forecasts till 2028. The study focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. With comprehensive market assessment across the major geographies such as North America, Europe, Asia Pacific, Middle East, Latin America and Rest of the world the report is a valuable asset for the existing players, new entrants and the future investors.

Report Highlights:

  • The report provides a detailed analysis on current and future market trends to identify the investment opportunities
  • Market forecasts till 2028, using estimated market values as the base numbers
  • Key market trends across the business segments, Regions and Countries
  • Key developments and strategies observed in the market
  • Market Dynamics such as Drivers, Restraints, Opportunities and other trends
  • In-depth company profiles of key players and upcoming prominent players
  • Growth prospects among the emerging nations through 2028
  • Market opportunities and recommendations for new investments

Key Topics Covered:

1 Market Outline
1.1 Research Methodology
1.1.1 Research Approach & Sources
1.2 Market Trends
1.3 Regulatory Factors
1.4 Technology Analysis
1.5 Application Analysis
1.6 Strategic Benchmarking
1.7 Opportunity Analysis

2 Executive Summary

3 Market Overview
3.1 Current Trends
3.1.1 Introduction of Industry-Specific Solutions
3.1.2 High Demand for Augmented Reality-Based Head Up Displays
3.1.3 Recent Technological Developments in Virtual and Augmented Reality
3.1.4 Growth Opportunities/Investment Opportunities
3.2 Drivers
3.3 Constraints
3.4 Industry Attractiveness
3.4.1 Bargaining power of suppliers
3.4.2 Bargaining power of buyers
3.4.3 Threat of substitutes
3.4.4 Threat of new entrants
3.4.5 Competitive rivalry

4 Virtual and Augmented Reality Market, By Device Type
4.1 Virtual Reality Devices
4.1.1 Virtual Reality Devices Market Forecast to 2028 (US$ MN) Projector & Display Wall Projector & Display Wall Market Forecast to 2028 (US$ MN) Gesture Control Device Gesture Control Device Market Forecast by Type to 2028 (US$ MN) Data Gloves Other Gesture Control Device Head-Mounted Display (HMD) Head-Mounted Display (HMD) Market Forecast to 2028 (US$ MN)
4.2 Augmented Reality Devices
4.2.1 Augmented Reality Devices Market Forecast to 2028 (US$ MN) Handheld Device Handheld Device Market Forecast to 2028 (US$ MN) Head-Mounted Displays Head-Mounted Displays Market Forecast to 2028 (US$ MN) Market Forecast to 2028 (US$ MN) Head-Up Display (HUD) Head-Up Display (HUD) Market Forecast to 2028 (US$ MN)

5 Virtual and Augmented Reality Market, By Component

6 Virtual and Augmented Reality Market, By Technology
6.1 Virtual Reality Technology
6.1.1 Virtual Reality Technology Market Forecast to 2028 (US$ MN) Semi-Immersive & Fully-Immersive Technologies Semi-Immersive & Fully-Immersive Technologies Market Forecast to 2028 (US$ MN) Non-Immersive Technology Non-Immersive Technology Market Forecast to 2028 (US$ MN)
6.2 Augmented Reality Technology
6.2.1 Augmented Reality Technology Market Forecast to 2028 (US$ MN) Markerless Augmented Reality Markerless Augmented Reality Market Forecast by Type to 2028 (US$ MN) Image Processing-Based Model-Based Tracking Marker-Based Augmented Reality Marker-Based Augmented Reality Market Forecast by Type to 2028 (US$ MN) Active Marker Passive Marker

7 Virtual and Augmented Reality Market, By Application
7.1 Virtual Reality Applications
7.2 Augmented Reality Applications
7.2.1 Augmented Reality Applications Market Forecast to 2028 (US$ MN) Medical Commercial Aerospace and Defense Consumer Other Augmented Reality Applications

8 Virtual and Augmented Reality Market, By Geography
8.1 North America
8.1.1 North America Market Forecast by Countries to 2028 (US$ MN)
8.2 Europe
8.3 Asia Pacific
8.4 Middle East
8.5 Latin America
8.6 Rest of the World (RoW)

9 Key Player Activities
9.1 Mergers & Acquisitions
9.2 Partnerships, Joint Ventures, Collaborations and Agreements
9.3 Product Launch & Expansions
9.4 Other Activities

10 Leading Companies
10.1 DAQRI
10.2 Vuzix Corporation
10.3 Starbreeze
10.4 Sony
10.5 Samsung Electronics
10.6 Razer
10.7 Oculus VR, LLC
10.8 Microsoft Corporation
10.9 Meta Company
10.10 HTC
10.11 Google Inc.
10.12 FOVE
10.13 BAE Systems
10.14 Atheer
10.15 Qualcomm Inc.

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