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North America augmented reality market to grow

North America Augmented Reality Market share to accrue significant proceeds by 2026

The research report on North America Augmented Reality Market offers a thorough understanding on this industry with significant details subject to its overall foothold in the global landscape and its application across major end-user industries and sectors. According to this report, North America augmented reality market recorded a remuneration of USD 525 million in 2017 and is likely to surpass USD 19 billion by 2024, increasing at a considerable CAGR of 67.5%. Moreover, the document also lays focus on the vital information beneficial for various stakeholders in terms of the current market scenario, advancing technologies, expansive competitive landscape, industry strategies, growth prospects, and market segmentations.

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The report further offers an insight to various factors that are touted to drive the growth curve of this industry in the upcoming years, along with including crucial details of the ongoing trends that the industry is characterized by. The North America augmented reality market, as given in the report, is divided on basis of component, application, regional, and competitive landscape.

The applications of the technology in the healthcare sector are providing advanced techniques to analyze and test the disease of a patient. These devices are used for describing the symptoms by the patients, finding the veins & organs, and providing them proper medications depending on the type of the disease that has affected them. Several major players in the North America AR market are offering technologies, which will support the healthcare applications. For instance, Medsights Tech is working on creating a software, which will test the feasibility of the AR technology in creating 3D reconstruction images of tumors.

The North America augmented reality market has been precisely diversified into U.S., Canada and its analysis has been briefly addressed in the given document. The report incorporates an analysis on various factors promoting the growth of regional markets, along with the future growth opportunities existing in every region, their growth rates over the projected timeframe, technologies used, regulatory reforms, and individual market share.

Head-Mounted Displays (HMD) are experiencing a high growth in the North America AR market. The growing demand for this technology in the defense sector is encouraging the manufacturers in the region to provide HMDs, which will serve the purpose of simulation-based training. This technology can be used to provide training to the soldiers to survive critical conditions in different situations, places, and environments, and to develop their skills and provide them real-life experiences of war conditions. In 2019, the U.S. Army is planning to test the AR system HUD 3.0, which will provide the information about the location of enemies and their units. They are developing a system, which will be helmet-mounted to project all the information at the sight of the soldier.

North America augmented reality market is highly consolidated and is divided into myriad companies such as Facebook, HTC, Intel, AccuVein, Inc., Affectiva, Inc., APX Labs, Google, Inc., and Microsoft Corporation. The research study incorporates comprehensive analysis on the sales spectrum of each of these firms, their tactics to sustain the position in the market, individual company profiles and market share, and stance in the global ecosystem.

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Table of Content:

 

Chapter 4. North America Augmented Reality Market Size, by Component, 2013 - 2024

 

  • Hardware
  • Software

 

Chapter 5.North America Augmented Reality Market Size, by Application, 2013 - 2024

 

  • Medical
  • Automotive
  • Aerospace & defense
  • Gaming
  • Retail
  • Industriala

 

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