BIS Research - Emerging Technology Market Intelligence

Augmented & Mixed Reality Ready to Transform the World

Mar 29, 2018 6:46:32 AM / by BIS Research posted in AR & MR Market Research, Electronics & Semiconductor, Global Augmented Reality Market, Global Augmented Reality Market Volume, Global Augmented Reality and Mixed Reality Market, Global Augmented Reality Market value, Global Mixed Reality Market value, Global Mixed Reality Market, Global Mixed Reality Market Volume

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In the recent years, the augmented reality and mixed reality devices have presented a plethora of applications in various industries such as healthcare, automotive, aerospace and defense, and education, among others. According to the market intelligence report by BIS Research titled, ‘Global Augmented Reality and Mixed Reality Market- Analysis and Forecast (2018-2025),’ the market for augmented reality and mixed reality is expected to grow at a CAGR of 65.1% and 72% respectively, during the forecast period. Investments from the leading market players and vast presence of original equipment manufacturers (OEMs) has contributed to the growth of the overall augmented reality and mixed reality market. Further, the established presence of smartphones and tablets has been one of the major driving factors for the industry. The same trend is going to be seen in the next two or three years owing to the technological advancements in this industry.

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