The extended reality (XR) market is witnessing high growth due to increasing investments in Augmented Reality (AR) and Virtual Reality (VR) technologies, and rapid advancements in various technologies and connected devices. Increasing penetration of 5G technology is further expected to propel adoption of extended reality technology. In addition, 5G is expected to address some of the primary challenges related to extended reality by paving the way for more optimized distribution of processing capabilities to the network.
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The report, additionally, offers a comprehensive SWOT analysis and Porter’s Five Forces analysis to offer a better understanding of the competitive landscape of the industry. It also covers strategies adopted by prominent players such as mergers and acquisitions, collaborations, joint ventures, product launches, and brand promotions, among others. The report aims to offer the readers a holistic understanding of the relevant features of the industry.
Key players in the market include Accenture PLC, Qualcomm Technologies Inc., Softweb Solutions Inc., Varjo Technologies OY, SphereGen Technologies, Microsoft Corporation, Apple, Qualcomm Technologies Inc., Augray Ltd., and Intel.
Analysis of the segments and their growth projection is carried out by extensive historical and current analysis of the market scenario. Further, the report offers details about the factors and features of the Extended Reality market expected to boost the growth of the industry in the coming years.
- Type Outlook (Revenue, USD Billion; 2021–2035)
- Business Engagement
- Customer Engagement
- Application Outlook (Revenue, USD Billion; 2021–2035)
- Virtual Reality (VR)
- Augmented Reality (AR)
- Mixed Reality (MR)
- End-use Outlook (Revenue, USD Billion; 2021–2035)
- Consumer Good & Retail
- Industrial & Manufacturing
- Media & Entertainment
- Telecommunication & IT
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The report offers a comprehensive breakdown of the regional analysis of the market and subsequent country-wise analysis. The regional analysis of the market comprises of production volume information, consumption volume and patterns, revenue, and growth rate for the forecast period of 2020-2027. According to the regional analysis, the market is primarily spread over key geographical regions as follows:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key Questions Answered in the Report:
- What is the growth rate of the Extended Reality market? What is the anticipated market valuation of Extended Reality industry by 2035?
- What are the key growth driving and restraining factors of the Extended Reality market?
- Who are the prominent players operating in the market? What are the key strategies adopted by these companies?
- What are the key opportunities and growth prospects of the Extended Reality industry over the forecast period?
- Which region is expected to show significant growth in the coming years?
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Table of Content
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.4. Research Sources
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2020-2028
Chapter 3. Key Insights
Chapter 4. Extended Reality Market Segmentation & Impact Analysis
4.1. Extended Reality Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
22.214.171.124. Growing trend of miniaturisation in smart devices
126.96.36.199. Increasing adoption of gesture based computing
4.2.3. Market restraints analysis
188.8.131.52. Vulnerability for cyber-attacks along with the high cost of implementation
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
Chapter 5. Extended Reality Market By Type Insights & Trends, Revenue (USD Billion)
5.1. Type Dynamics & Market Share, 2020 & 2028
5.1.1. Business Engagement
5.1.2. Customer Engagement
Chapter 6. Extended Reality Market By Application Insights & Trends Revenue (USD Billion)
6.1. Application Dynamics & Market Share, 2020 & 2028
6.1.1. Virtual Reality (VR)
6.1.2. Augmented Reality (AR)
6.1.3. Mixed Reality (MR)
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