The Global Augmented Reality (AR) and Virtual Reality (VR) Market is expected to grow by $ 162.71 billion during 2021-2025, progressing at a CAGR of almost 46% during the forecast period

New York, July 14, 2021 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Augmented Reality (AR) and Virtual Reality (VR) Market 2021-2025" - https://www.reportlinker.com/p06104797/?utm_source=GNW
71 billion during 2021-2025, progressing at a CAGR of almost 46% during the forecast period. Our report on augmented reality (AR) and virtual reality (VR) market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the increasing demand for AR and VR technology and product launches. In addition, increasing demand for AR and VR technology is anticipated to boost the growth of the market as well.
The augmented reality (AR) and virtual reality (VR) market analysis includes the technology segment and geographic landscape.

The augmented reality (AR) and virtual reality (VR) market is segmented as below:
By Technology
• AR
• VR

By Geographical Landscape
• North America
• APAC
• Europe
• MEA
• South America

This study identifies the increasing number of M&A activities as one of the prime reasons driving the augmented reality (AR) and virtual reality (VR) market growth during the next few years.

The analyst 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. Our report on augmented reality (AR) and virtual reality (VR) market covers the following areas:
• Augmented reality (AR) and virtual reality (VR) market sizing
• Augmented reality (AR) and virtual reality (VR) market forecast
• Augmented reality (AR) and virtual reality (VR) market industry analysis

This robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading augmented reality (AR) and virtual reality (VR) market vendors that include Alphabet Inc., Facebook Inc., HP Inc., HTC Corp., Magic Leap Inc., Microsoft Corp., Samsung Electronics Co. Ltd., Snap Inc., Sony Corp., and Toshiba Corp. Also, the augmented reality (AR) and virtual reality (VR) market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
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 analyst 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. Technavio’s 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.
Read the full report: https://www.reportlinker.com/p06104797/?utm_source=GNW

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