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The extended reality (XR) market is forecasted to grow by USD 1.04 trillion during 2023-2028, accelerating at a CAGR of 56.45% during the forecast period. The report on the extended reality (XR) market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rapid improvements in sensor technology, increasing adoption in military, and growing popularity of 360-degree videos.
The extended reality (XR) market is segmented as below:
By Application
- VR
- AR
- MR
By Component
- Hardware
- Software and services
By Geography
- North America
- APAC
- Europe
- South America
- Middle East and Africa
The report on the extended reality (XR) market covers the following areas:
- Extended reality (XR) market sizing
- Extended reality (XR) market forecast
- Extended reality (XR) market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by Component
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global extended reality (XR) market: 3D Systems Corp., ABB Ltd., Accenture Plc, Alphabet Inc., Canon Inc., HTC Corp., Intel Corp., Lenovo Group Ltd., Magic Leap Inc., Meta Platforms Inc., Microsoft Corp., NVIDIA Corp., PTC Inc., Qualcomm Inc., Roper Technologies Inc., Seiko Epson Corp., SoftServe Inc., Sony Group Corp., Tata Sons Pvt. Ltd., and VertexPlus Technologies Ltd..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is advent of 5G."
According to the report, one of the major drivers for this market is the rapid improvements in sensor technology.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- 3D Systems Corp.
- ABB Ltd.
- Accenture Plc
- Alphabet Inc.
- Canon Inc.
- HTC Corp.
- Intel Corp.
- Lenovo Group Ltd.
- Magic Leap Inc.
- Meta Platforms Inc.
- Microsoft Corp.
- NVIDIA Corp.
- PTC Inc.
- Qualcomm Inc.
- Roper Technologies Inc.
- Seiko Epson Corp.
- SoftServe Inc.
- Sony Group Corp.
- Tata Sons Pvt. Ltd.
- VertexPlus Technologies Ltd.
