Market Overview:
The global augmented reality solutions market is expected to grow at a CAGR of over 33% during the forecast period from 2018 to 2030. The increasing demand for AR applications across different industry verticals is one of the major factors driving the growth of this market. Additionally, the growing popularity of AR-based gaming and entertainment applications is also contributing to the growth of this market. The global augmented reality solutions market can be segmented on the basis of type into cloud-based and on-premises. The cloud-based segment is expected to account for a larger share in terms of revenue in 2018, owing to its advantages such as low cost and easy deployment. However, on-premises augmented reality solutions are expected to witness higher growth rates during the forecast period due its ability offer greater customization as well as security features compared with cloud-based solutions. On the basis application, small.
Product Definition:
Augmented Reality Solutions is an umbrella term for technologies that superimpose digital content on the real world. It has importance in many fields, including marketing, healthcare, and manufacturing.
Cloud-based:
Cloud-based AR solutions are software and services that help enterprises enhance their business processes through the virtual representation of physical objects. These solutions offer features such as easy deployment, low cost of ownership, and high scalability. The increasing demand for cloud-based AR applications across various industry verticals is expected to drive market growth over the forecast period.
On-premises:
On-premises is a term used for software and data that are stored on the end user's device, which can be owned by an individual or organization. The information can be accessed by any authorized person with proper authorization. On-premise solutions offer high security as compared to cloud solutions.
Application Insights:
The SMEs segment held the largest share of over 70.0% in 2017. The growth can be attributed to increasing adoption of AR applications across a variety of industries such as construction, manufacturing, automotive and logistics among others. SMEs are increasingly adopting cloud-based or on-premises solutions depending upon their budget, capability and preferred deployment model for augmented reality applications. On-premises solutions offer more control over hardware & software requirements which is beneficial for large enterprises with stringent security requirements or who need to manage multiple devices from a single location.
AR technology has numerous use cases across various industry verticals which is expected to drive its demand significantly over the forecast period owing to its ability to transform business operations by enabling employees at different locations throughout the supply chain network access real-time information about inventory, production volumes.
Regional Analysis:
North America is expected to be the key regional market over the forecast period owing to early adoption of augmented reality technology. The U.S. dominated the North American region in terms of revenue in 2017, attributed by high smartphone penetration and increasing investments in AR technology by companies such as Apple, Inc., Google LLC, and Microsoft Corporation among others.
Asia Pacific is anticipated to emerge as a lucrative regional market with China at its forefront owing to growing demand from SMEs for cost-effective solutions catering primarily to consumer applications such as games.
Growth Factors:
- Increasing demand for AR applications in various industries such as retail, healthcare, automotive, aerospace & defense, and education
- Growing demand for AR headsets from the consumer segment
- Proliferation of low-cost AR devices and platforms
- Rising number of developers creating innovative AR applications
- Increasing adoption of augmented reality by businesses for marketing and sales purposes
Scope Of The Report
Report Attributes
Report Details
Report Title
Augmented Reality Solutions Market Research Report
By Type
Cloud-based, On-premises
By Application
Small and Medium Enterprises (SMEs), Large Enterprises
By Companies
HoloBuilder, TeamViewer, MojoApps, Upskill, Augment, IrisVR, Infinity Augmented Reality, ARCadia Augmented Reality, Artivive, Augmania, Robocortex, BRIOVR
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
156
Number of Tables & Figures
110
Customization Available
Yes, the report can be customized as per your need.
Global Augmented Reality Solutions Market Report Segments:
The global Augmented Reality Solutions market is segmented on the basis of:
Types
Cloud-based, On-premises
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Small and Medium Enterprises (SMEs), Large Enterprises
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- HoloBuilder
- TeamViewer
- MojoApps
- Upskill
- Augment
- IrisVR
- Infinity Augmented Reality
- ARCadia Augmented Reality
- Artivive
- Augmania
- Robocortex
- BRIOVR
Highlights of The Augmented Reality Solutions Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Cloud-based
- On-premises
- By Application:
- Small and Medium Enterprises (SMEs)
- Large Enterprises
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Augmented Reality Solutions Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Augmented Reality Solutions is a company that creates augmented reality applications for businesses. Their applications help businesses to improve their customer experience, increase sales, and create new marketing opportunities.
Some of the major players in the augmented reality solutions market are HoloBuilder, TeamViewer, MojoApps, Upskill, Augment, IrisVR, Infinity Augmented Reality, ARCadia Augmented Reality, Artivive, Augmania, Robocortex, BRIOVR.
The augmented reality solutions market is expected to register a CAGR of 33%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Augmented Reality Solutions Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Augmented Reality Solutions Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Augmented Reality Solutions Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Augmented Reality Solutions Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Augmented Reality Solutions Market Size & Forecast, 2018-2028
4.5.1 Augmented Reality Solutions Market Size and Y-o-Y Growth
4.5.2 Augmented Reality Solutions Market Absolute $ Opportunity
Chapter 5 Global Augmented Reality Solutions Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Augmented Reality Solutions Market Size Forecast by Type
5.2.1 Cloud-based
5.2.2 On-premises
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Augmented Reality Solutions Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Augmented Reality Solutions Market Size Forecast by Applications
6.2.1 Small and Medium Enterprises (SMEs)
6.2.2 Large Enterprises
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Augmented Reality Solutions Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Augmented Reality Solutions Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Augmented Reality Solutions Analysis and Forecast
9.1 Introduction
9.2 North America Augmented Reality Solutions Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Augmented Reality Solutions Market Size Forecast by Type
9.6.1 Cloud-based
9.6.2 On-premises
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Augmented Reality Solutions Market Size Forecast by Applications
9.10.1 Small and Medium Enterprises (SMEs)
9.10.2 Large Enterprises
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Augmented Reality Solutions Analysis and Forecast
10.1 Introduction
10.2 Europe Augmented Reality Solutions Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Augmented Reality Solutions Market Size Forecast by Type
10.6.1 Cloud-based
10.6.2 On-premises
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Augmented Reality Solutions Market Size Forecast by Applications
10.10.1 Small and Medium Enterprises (SMEs)
10.10.2 Large Enterprises
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Augmented Reality Solutions Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Augmented Reality Solutions Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Augmented Reality Solutions Market Size Forecast by Type
11.6.1 Cloud-based
11.6.2 On-premises
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Augmented Reality Solutions Market Size Forecast by Applications
11.10.1 Small and Medium Enterprises (SMEs)
11.10.2 Large Enterprises
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Augmented Reality Solutions Analysis and Forecast
12.1 Introduction
12.2 Latin America Augmented Reality Solutions Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Augmented Reality Solutions Market Size Forecast by Type
12.6.1 Cloud-based
12.6.2 On-premises
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Augmented Reality Solutions Market Size Forecast by Applications
12.10.1 Small and Medium Enterprises (SMEs)
12.10.2 Large Enterprises
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Augmented Reality Solutions Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Augmented Reality Solutions Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Augmented Reality Solutions Market Size Forecast by Type
13.6.1 Cloud-based
13.6.2 On-premises
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Augmented Reality Solutions Market Size Forecast by Applications
13.10.1 Small and Medium Enterprises (SMEs)
13.10.2 Large Enterprises
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Augmented Reality Solutions Market: Competitive Dashboard
14.2 Global Augmented Reality Solutions Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 HoloBuilder
14.3.2 TeamViewer
14.3.3 MojoApps
14.3.4 Upskill
14.3.5 Augment
14.3.6 IrisVR
14.3.7 Infinity Augmented Reality
14.3.8 ARCadia Augmented Reality
14.3.9 Artivive
14.3.10 Augmania
14.3.11 Robocortex
14.3.12 BRIOVR
