Augmented Reality Market Projected to Grow at 88.5% CAGR to 2019

PUNE, India, September 30, 2015 /PRNewswire/ --

This 2015 augmented reality market research covers the overall ecosystem of the industry, including augmented reality engine, software applications and augmented reality hardware such as smart glasses and HMDs.

Complete report on augmented reality market spread across 104 pages, analyzing 20+ companies and supported with 15 data exhibits is now available at http://www.reportsnreports.com/reports/426163-global-augmented-reality-market-2015-2019.html .

Atheer Labs, Aurasma, Blippar, Catchoom, Cinoptics, DAQRI, Meta, Metaio, NGRAIN, Laster Technologies, Lumus, ODG, Optinvent, Qualcomm, Rockwell Collins, Sensics, Seiko Epson, Technical Illusions, Thales, Total Immersion, Vuzix, Wikitude and Zappar are the major augmented reality market players covered in this research. There are several technological advancements taking place in the market that will help the AR devices perform better. Voice-based recognition allows a hands-free user experience by recognizing instructions given through voice commands. Siri and Google are some of the key voice command applications, which can be integrated with AR to build an ideal AR-HMD system.

According to this 2015 augmented reality market report, companies are focusing on developing a mobile workforce in order to function better. Healthcare, automotive, defense, oil and gas, and mining are some of the sectors that are investing heavily in automation to reduce human errors. Further, the report states that the augmented reality market is facing a tough challenge because majority of AR apps available in the market fail because of poor content and the lack of ability to add new content.

This report covers the present scenario and the growth prospects of the global augmented reality market for the period 2015-2019. It presents the vendor landscape and a corresponding detailed analysis of vendors in the market. The report, Global Augmented Reality Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. This report covers Americas, APAC, and EMEA; it also covers the landscape of the market and its growth prospects in the coming years. This report includes a discussion of the key vendors operating in this market. Order a copy of this latest AR report at http://www.reportsnreports.com/Purchase.aspx?name=426163 .

What will the market size be in 2019 and what will the growth rate be? What are the key market trends? What is driving this market? What are the challenges to augmented reality market growth? Who are the key vendors in this market space? What are the market opportunities and threats faced by the key vendors? What are the strengths and weaknesses of the key vendors in augmented reality? are some of the questions answered via this report.

Smart glasses are devices that are fitted with a small display and can also be used as conventional glasses. Smart glasses are a sleeker version of HMD and while the functioning of smart glasses is similar to HMDs, they also have a see-through display and look like a pair of normal glasses. The adoption of smart glasses is expected to increase significantly among enterprises and individual consumers for various applications in healthcare, industrial use, and logistics, among others. Analysts forecast Global Smart Glasses market for Augmented Reality to grow at a CAGR of 194.2% over the period 2014-2019.

The report, Global Smart Glasses Market for Augmented Reality 2015-2019, covers the overall ecosystem of the Global Smart Glasses market for Augmented Reality which includes engine providers, software application developers, and smart glasses OEMs. In addition, this augmented reality market report discusses the major drivers, challenges, and trends that influence the growth of the market. castAR, Epson, Laster, Lumus, ODG, Penny AB (c wear), Recon, Six15 Technologies, Theia and Vuzix are the key companies mentioned in this 104 pages research available at http://www.reportsnreports.com/reports/384564-global-smart-glasses-market-for-augmented-reality-2015-2019.html .

Explore more reports on information technology and telecommunications market at http://www.reportsnreports.com/market-research/information-technology/ .

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