According to the new market research report by Industry Arc, titled “Augmented and Virtual Reality Eyeglasses Market By Technology (AR Technology, VR Technology); By Device (AR Device, VR Device); By Application (Gaming, Medical) & Geography (Europe, Asia-Pacific, North America, RoW) — Forecast (2018 –2023)”the market will be driven by low cost of devices and increasing technological user base during the forecast period.
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North America dominates the Augmented and Virtual Reality Eyeglasses Market:
North America will dominate the Augmented and Virtual Reality Eyeglasses Market during the forecast period. This is due to higher growth of the AR and VR technology among the residents and high spending on the technologies. Europe and Asia Pacific are upcoming regions in the market.
Selected Regulatory Analysis Done in the Full Report:
The demand for the reality based head up display will be high. It is expected to dominate the Augmented and Virtual Reality Eyeglasses during the forecast period. This is due to the rise in the automotive industry.
Selected Driving Factors Mentioned in the Full Report:
Increasing demand for the augmented reality based head up display will enhance the growth of the augmented reality glasses.
The augmented reality system is expected to be a larger market than VR due to the potential of the technology to impact the end markets. This factor will drive the growth of the augmented and virtual reality eyeglasses market.
Key players of the Augmented and Virtual Reality Eyeglasses Market:
The key players of the Augmented and Virtual Reality Eyeglasses Market include Google Inc, Microsoft Corporation, Vuzix Corporation, Samsung Electronics Co., Ltd., and Qaulcomm Inc.Google has introduced an updated Daydream VR headset and new augmented reality software features which give consumers a greater virtual and augmented reality experiences through the new Pixel smartphones provided by the company.
A.Augmented and Virtual Reality Market
B.Industry 4.0 Market
Augmented and Virtual Reality Eyeglasses Market is Segmented as Below:
Introduction of innovative devices will spur the growth of the Augmented and Virtual Reality Eyeglasses Market during the forecast period.
A. Augmented and Virtual Reality Eyeglasses Market By Device Type
1. Augmented Reality Devices
1.1. Head-Mounted Displays
1.2. Head-Up Display (HUD)
2. Virtual Reality Devices
2.1. Head-Mounted Display (HMD)
B. Augmented and Virtual Reality Eyeglasses Market By Technology
1. Augmented Reality
1.1. Marker Based Augmented Reality
1.1.1. Active Marker
1.1.2. Passive Marker
1.2. Marker Less Augmented Reality
1.2.1. Model-Based Tracking
1.2.2. Image Processing-Based
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