Augmented Reality and Virtual Reality Market - Technological Advancement Take Sector to New Peak
Market Segmentation by Device Type AR Devices Head Mounted Display (HMD) Head Up Display (HUD) VR Devices Head Mounted Display (HMD) Gesture Control Devices Projection Based Devices by Application AR Applications Commercial Consumer Aerospace and Defense Healthcare Enterprise Others (Agriculture, Construction, Transportation & Logistics, Public Safety, and Telecom & IT) VR Applications Commercial Consumer Aerospace and Defense Healthcare Enterprise Others (Automotive, Real-Estate and Geo-Spatial Mining) Global augmented reality and virtual reality market is expected to reach $94.4 billion by 2023, increase in smartphone penetration, and advancement in internet connectivity and computer technology are the major factors driving the growth of the market, according to P&S Intelligence. Insights into market segments On the basis of device type, the augmented reality and virtual reality market is cat...