The mixed reality market is expected to register significant growth in the next five years. Increasing adoption of mixed reality products for multiple applications and growing popularity of reality technologies such as augmented reality may act as drivers for the overall mixed reality market. Moreover, rising investments and new product development activities from some of the major companies such as the Microsoft Corporation, Atheer Labs, and Meta Company among others are expected to further contribute to the growth of the mixed reality market.

The MR market is expected to be valued at USD 48.12 million in 2016 and is projected to reach USD 453.39 million by 2020, at a CAGR of 75.2% between 2016 and 2020.

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The objectives of the study are as follows:

Define, describe, and forecast the mixed reality market by component, application, device, and geography
Provide market statistics with detailed classification, along with the respective market size
Strategically analyze the micro markets with respect to individual growth trends, prospects, and contribution to the total market
Provide detailed information regarding key factors influencing the growth of the market (drivers, restraints, opportunities, and winning imperatives)
Forecast the size of the market segments with respect to four main geographies (along with countries), namely North America, Europe, Asia Pacific, and Rest of the World
Analyze opportunities in the market for stakeholders and detail the competitive landscape for market players
Strategically profile the key players operating in this market and comprehensively analyze their market ranking and core competency
Track and analyze competitive developments such as joint ventures, mergers and acquisitions, product launches, and research and developments activities in the mixed reality market
Map the competitive intelligence based on the company profile, strategy of key players, and game-changing developments—such as product development, collaboration, and acquisition

Most of the large players in the reality market have invested in the mixed reality technology. For instance in January 2015, the Microsoft Corporation (U.S.) announced the launch of its mixed reality prototype product named HoloLens. The device features a see-through, holographic display and advanced sensors that map the physical environment. Moreover, other players such as Atheer, Inc. (U.S.), Meta Company (U.S.), Daqri LLC (U.S.), and Magic Leap, Inc. (U.S.) have developed prototypes to cater to various industrial and enterprise related needs.

This report provides a detailed analysis of the overall mixed reality market and its segmentation done on the basis of application and geography.

The objective of the research study was to analyze the market trends for each of the industries, the growth rates of the various applications (industrial, aerospace & defense, medical, architecture, consumer, and others as well as the demand comparison of these industries.

Apart from the market segmentation, the report also covers the market’s value chain with a detailed process flow diagram, and the market dynamics such as the drivers, restraints, and opportunities pertaining to the overall mixed reality market.

https://www.marketsandmarkets.com/Market-Reports/mixed-reality-market-1906101.html

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