MarkNtel Advisors recently published a report, titled, ” Global Industrial Augmented Reality Market By Component (Hardware, Software), By Display (Heads-Up Display, Heads-Down Display), By AR Apps (Marker-Based AR Apps, Location-Based AR Apps, Slam Based AR Apps), By Application (Product Design & Development, Quality Control, Maintenance & Support, Logistics), By End-user (E-Commerce & Retail, Industrial Manufacturing, Energy, Education, Automotive, Defense & Aerospace, Healthcare, Construction Industry, Agriculture, Gaming & Entertainment),. As per as the report Global Industrial Augmented Reality Market Analysis, 2021,” the market is likely to grow at a CAGR of around 45% during 2021-26.
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Cost-Effective Benefits of Augmented Reality likely to Boost the Market Growth
Augmented reality offers a cost-effective solution for skill development, as it eliminates the need for a physical environment by imitating real scenarios with the help of technology. For example, utilization of actual aircraft for training pilots is a costlier process. Hence, the use of augmented reality can help reduce the cost of training by providing virtual scenarios. Thus, the demand for augmented reality in industries is significantly increasing with time.
Leading Companies in Global Industrial Augmented Reality Market:
Google Inc, PTC Inc, Upskill, Microsoft Corporation, Wikitude GmbH, Moverio, Epson, Lenovo, Daqri, Samsung, BeetSoft Co. Ltd, NEXT/NOW, 4Experience, Quytech.
Global Industrial Augmented Reality Market Segmentation:
By Component
-Hardware
-Software
By Display
-Heads-Up Display
-Heads-Down Display
By AR apps
-Marker-Based AR Apps
-Location-Based AR Apps
-Slam Based AR Apps
By Application
-Product Design & Development
-Quality Control
-Maintenance & Support
-Logistics
-Others
By End User
-E-Commerce & Retail
-Industrial Manufacturing
-Energy
-Education
-Automotive
-Defence & Aerospace
-Healthcare
-Construction Industry
-Agriculture
-Gaming & Entertainment
-Others
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By Region
-North America
-South America
-Europe
-Middle East & Africa
-Asia Pacific.
Key questions answered in the Global Industrial Augmented Reality Market are:
•What is Global Industrial Augmented Reality Market?
•What was the market size in 2020?
•What is the growth rate of the Global Industrial Augmented Reality Market?
•Which are the factors expected to drive the market growth?
•What are the different segments of the Global Industrial Augmented Reality Market?
•What segments are covered in the Market?
•Who are the key players in the Global Industrial Augmented Reality Market?
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MarkNtel Advisors is a leading market research company, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.
Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.
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