Augmented Reality Connected Service Market Trends, and Forecast 2017 - 2025

Global Augmented Reality Connected Service Market: Snapshot Augmented Reality (AR) is primarily an integration of digital information with environment on the real-time. It can be understood as a service technician checking for the operations of a complex machine or an engineer providing remote-assistance for the installation of an equipment or a customer imagining how a certain furniture would fit into his living room. Emerging as a tool for powerful digital experiences, AR is primed to revolutionize a number of aspects of everyday life and pave ways for a number of industry verticals to improve the efficiency of their production procedures. As smartphones and tablet cameras go ubiquitous, the demand in the global augmented reality connected service market is projected to multiply at an exceptional CAGR during the forecast period of 2017 to 2025.

Get PDF brochure for Industrial Insights and business Intelligence @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=29936 Augmented reality has shown the possibilities of integrating new technologies such as the Internet of Things (IoT), artificial intelligence (AI), pattern recognition, machine learning, and robotics. Some of the common examples of augmented reality for connected service can be self-service wherein a user gains knowledge in a digitally enhanced manner or guides himself through a questionnaire to rectify maintenance issues. A number of industries that relate with providing assistance on the run time, such as healthcare and automotive breakdown, can provide field services with information of previous recorded incidents and asset information on the finger tips. The global augmented reality connected service market is also anticipated to gain strong demand from business to business (B2B) and business to client (B2C) industries by enabling enhanced service results and improve user experience to entice sales. In the near future, thanks to the rapid expansion of the augmented reality connect service market, companies will not only be able to achieve greater savings by redefining their service functions but also offer improved after-sales customer experience.

Augmented Reality (AR) or enhanced version of reality is the collaboration of a virtual scene (computer generated) with the user's natural surroundings in real time, through devices such as head mounted devices, smart glass and head-up display. Expansion of physical reality through additional layers of computational information to the real environment for the experience of high resolution graphics is AR. Information in this context can be either text, sound, graphics or even smell. This simplifies human interaction of physical objects through digital devices, which means every object can be enriched with additional information.

Collaboration of mobile phone and internet connectivity made the world hyper-connected, which transformed client-server and web based technologies to smart phone oriented. The next step ahead which makes communication hyper-real is when services for augmented reality comes into application. Though AR is in emerging stage of adoption, this technology is expected to offer various aids to warehousing operation, transportation optimization, last mile delivery and enhanced value added services. It offer new options for controlling real world object, as more and more smart objects are connected through internet.

While the set of devices launched, are all expected to fall short of parameters that include higher frame rates, higher resolution and others, which is hinders market growth.

The global augmented reality connected service market is segmented on the basis of augmentation type, component and end user verticals. Based on augmentation type it is segmented into display, geospatial and recognition augmentation. The component segment is classified into hardware and software. Hardware segment is further categorized into head mounted display, smart glass, head-up

display, handheld device, 3D cameras, sensors and semiconductor component. Moreover, on the basis of end user vertical, it can be segmented into aerospace & defense, consumer, medical, education, commercial and others.

In terms of regional market, Asia Pacific region has witnessed high growth in the past and is expected to dominate the augmented reality connected services market in the near future due to rising number of startups in the region. Moreover, North America followed by Europe is expected to show the growth in augmented reality connected services market. As many of the established companies are investing through strategic partnerships and collaborations with emerging players.

Some of the key vendor in the augmented reality connected service market includes NuFormer Projection B.V., Manus Virtalis Ltd., MindMaze SA, Blippar.com Ltd., Barco N.V., Machinae B.V., Nokia Corporation., EON Reality Inc., HTC Corporation., VirZOOM Inc., Oculus VR LLC, ZeroLight Ltd., Independiente Communications Ltd., Microsoft Corporation., Aurasma Ltd., Samsung Electronics Co. Ltd., and Google Inc., Infinity Augmented Reality Inc., Vuzix Corporation, Sony Interactive Entertainment LLC, and CyberGlove Systems Inc. The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on: 

Market segments and sub-segments

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Market trends and dynamics

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Supply and demand

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Market size

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Current trends/opportunities/challenges

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Competitive landscape

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Technological breakthroughs

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Value chain and stakeholder analysis

The regional analysis covers: 

North America (U.S. and Canada)

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Latin America (Mexico, Brazil, Peru, Chile, and others)

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Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)

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Eastern Europe (Poland and Russia)

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Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)

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Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

Purchase our Premium Research Report at: https://www.transparencymarketresearch.com/checkout.php?rep_id=29936&ltype=S A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report: 

A complete backdrop analysis, which includes an assessment of the parent market

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Important changes in market dynamics

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Market segmentation up to the second or third level

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Historical, current, and projected size of the market from the standpoint of both value and volume

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Reporting and evaluation of recent industry developments

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Market shares and strategies of key players

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Emerging niche segments and regional markets

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An objective assessment of the trajectory of the market

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Recommendations to companies for strengthening their foothold in the market

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