The global augmented reality market is estimated to grow at a CAGR of 31.0% during the forecast period (2019-2025). The market growth is attributed to technological advancement and increasing investment in the augmented reality industry.
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Additionally, emerging applications across e-commerce and use of AR technology for effective advertising are also estimated to be major factors that are driving the growth of the market. However, low awareness, connectivity issues, and financial constraints and complexity are some of the major barriers to the growth of the global augmented reality market. Besides, opportunities in the enterprise industry and increasing demand for augmented reality in architecture are predicted to boost the market in the near future.
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US Augmented Reality Market Segmentation
By Device Type
Rest of Europe
Rest of Asia-Pacific
Rest of the World
Catchoom Technologies, S.L.
Epic Games Inc
HP Development Co., L.P.
Magic Leap, Inc
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