Augmented Reality Thematic Research Report 2024: AR Market Forecast to be Worth $100 Billion by 2030, Up From $22 Billion in 2022

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Mar 01, 2024, 10:45 ET

DUBLIN, March 1, 2024 /PRNewswire/ -- The "Augmented Reality (AR) (2024) - Thematic Research" report has been added to ResearchAndMarkets.com's offering.

Imagine wearing a pair of glasses with the computing power of a smartphone, activated by your voice, which recognizes what you see, where you are, and the context in which you are operating. While such a world is some years away from reality, first-mover advantage in AR is such a valuable prize that every large technology company is investing significantly in this theme.

Ultimately, AR technology may replace the smartphone as the primary connected device users carry around. Moreover, AR will be a critical component of the metaverse - the next mega-theme that Big Tech has in its sights.

Key Highlights

According to the report forecasts, the AR market will be worth $100 billion by 2030, up from $22 billion in 2022. AR software will generate most of this revenue, with limited spending on AR headsets and AR smart glasses.
AR is evolving into a utility in specific consumer and enterprise applications. On the consumer front, AR is primarily used in social media, gaming, and ecommerce. While Pokemon Go and Snapchat Lenses have helped popularize AR as a tool for entertainment, ecommerce is using it as a utility.
The adoption of AR by enterprises is also advancing in sectors such as retail, healthcare, and manufacturing, mainly for user experience, training, and remote collaboration. Businesses will continue to adopt AR in the coming years, but the high cost of headsets and smart glasses will hinder widespread adoption in the short term. In terms of end users, the enterprise AR segment is dominant and will maintain its lead over the forecast period.

Report Scope

This report provides an overview of the augmented reality theme.
It identifies the key trends impacting growth of the theme over the next 12 to 24 months, split into four categories: technology trends, macroeconomic trends, regulatory trends, and media trends.
It includes comprehensive industry analysis, including forecasts for augmented reality revenues to 2030. These forecasts are split by end-user (consumer and enterprise) and platform (hardware and software). There is also market share information for the AR smart glasses and AR headsets markets.
It contains details of M&A deals driven by the augmented reality theme, and a timeline highlighting milestones in the development of augmented reality.
The detailed value chain shows comprises five segments: semiconductors, components, devices, platforms, and applications and content. Leading and challenging vendors are identified across all five segments.

AR is still developing as a technology but is beginning to move into the mainstream. Leading tech companies are scrambling to build sustainable AR ecosystems and gain a foothold in this potentially lucrative market, while specialist firms focus on areas like content development. This report tells you need to know about AR, including market forecasts to 2030 and profiles of the leading companies.

Key Topics Covered:

Executive summary
Players
Technology briefing
Trends
Industry analysis
Value chain
Companies
Sector scorecards

Company Coverage:

3D Systems
AAC Technologies
Accuvein
Adlens
Adobe
Akamai
Alibaba
Alphabet (Google)
Amazon
Ambarella
AMD
Analog Devices
Apple
Apprentice
AR.js
Argon
Arm
Arspectra
Aryzon
Asus
Atheer
Augmedics
Augment
Autodesk
Auxbrain
Avegant
BAE Systems
BaishanCloud
Bandai Namco
Blu Wireless
BOE Technology
Boeing
Bosch
Brain Lab
Broadcom
BYD
ByteDance
Cadence
CAE Healthcare
Carl Zeiss
CBAK Energy Technology
ChinaCache
Chukong Technologies
Cirrus Logic
Cisco
Cloudflare
Cognex
Comcast
Dassault Systemes
De Beers
Desay Battery
DigiLens
Dispelix
Dolby Labs
Dynapack
East City Films
eBay
Elbit Systems
Elyland
EON Reality
Epic Games
Everysight
Eyelights
F5
Fastly
Fresnel Technologies
Genius Electronic Optical
Goertek
Gravity Jack
Groove Jones
Himax
Huawei
IBM
Ikea
Illumix
ImagineAR
INDE
Infineon
Intel
Intellectsoft
Iristick
Jarvish
JBKnowledge
JD.com
jsDelivr
Kinicho
Kioxia
Kopin
Largan Precision
Leica
Lenovo
Lens Technology
LetinAR
LG Display
Lockheed Martin
L'Oreal
Lumus
Mad Gaze
Magic Leap
Mantis Vision
Maxst
MediaTek
Medivis
Medtronic
Meta
Micron
Microoled
Microsoft
Mimi (3D Sound Labs)
Mojo Vision
Murata
Nanya Tech
NetEase
Netflix
Nexon
Niantic
Niantic (8th Wall)
Nintendo
Nokia
Northrop Grumman
Nvidia
NXP Semiconductors
Occipital
Olympus
OmniVision
OnSemi
Oppo
Oracle
Orca Health
Panasonic
Pinterest
PMD
Proximie
PTC
Qorvo
Qualcomm
Realmax
RealWear
Re'flekt
Renesas
Resolution Games
Rokid
Samsung Electronics
Saphlux
Schneider Electric (Aveva)
ScopeAR
SeeYA Technology
Seiko Epson
Sennheiser
Sensata
Sephora
Shopify
Siemens
Sighthound
Sixense
SK Hynix
Skyworks
Snap
Sony
Square Enix
StackPath
STMicroelectronics
Synopsys
Target
TCL (Leiniao)
TDK
TeamViewer
Tencent
Texas Instruments
The Home Depot
ThirdEye
Tilt Five
Toshiba
TSMC
Ubisoft
Ultraleap
Unisoc Technologies
Unity Technologies
Universal Display
USound
Varjo
Verizon
ViacomCBS
ViewAR
Vipaar
Visionstar (EasyAR)
Visometry
VividQ
Vivo
Vuzix
Walmart
Walt Disney
Warner Bros. Discovery
WayRay
Western Digital
Xiaomi
Xloong
Xreal
Yangtze Memory
Young Optics
Zapworks
Zoom

For more information about this report visit https://www.researchandmarkets.com/r/79tvn

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