Advance Market Analytics released the research report of Global Augmented Reality Software Market, offers a detailed overview of the factors influencing the global business scope. Augmented Reality Software Market research report shows the latest market insights with upcoming trends and breakdown of the products and services. The report provides key statistics on the market status, size, share, growth factors of the Augmented Reality Software. This Report covers the emerging player’s data, including: competitive situation, sales, revenue and global market share of top manufacturers are PTC Inc. (United States), Wikitude GmbH (Austria), DAQRI LLC (United States), Zugara, Inc. (United States), Blippar (United Kingdom), Upskill (United States), Aurasma (United Kingdom), Augmate (United States), Catchoom Technologies S.L. (Spain) and Ubimax GmbH (Germany).
The global Augmented Reality Software is expected to witness high demand in the forecasted period due to the growing demand for augmented reality software in consumer electronics. Augmented reality software differs from virtual reality, in virtual reality whole new artificial environment gets created but in AR the existing environment gets overlays with new information top of it. High Demand from Industrial and Automotive Sectors creates a lucrative opportunity in the forecasted period.
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Market Leaders and their expansionary development strategies
On 10th December 2019, PTC has announced a strategic alliance with Magic Leap that will allow enterprise and industrial customers to combine the augmented reality (AR) capabilities of its market-leading Vuforia® Engine solution with the powerful Magic Leap 1 wearable headset.
On 22nd March 2019, Wikitude, the world’s largest independent augmented reality (AR) technology provider, revealed the first steps taken in conjunction with Qualcomm Technologies, Inc to advance immersive AR computing. Wikitude has optimized their AR platform and integrated on XR Viewers powered by Qualcomm® Snapdragon™ 855 Mobile Platform. Extended reality (XR) Viewer devices, announced at Mobile World Congress 2019 combines the compute power of Snapdragon 855 Mobile Platform with the speed of 5G-enabled smartphone provides mobile XR experiences with six degrees of freedom tracking.
Market Trend
- High Adoption Of 3D visualization In Medical Sector
- Upsurging Demand from AI-based Applications in Retail and E-commerce Sector
Market Drivers
- The Growing Demand for AI-Based Applications
- The Increasing Interest of the Large Tech Companies in AR
Opportunities
- The Increasing Expenditure in AR Technology
- The Growing Use in The Tourism Industries
Restraints
- Limited User Interface (UI) Affecting the Navigation Performance of AR Applications
Challenges
- Low Adoption Rate due to Privacy Issues and Complexities in the Design
- Reconfiguration of Applications for Different Platforms
The Global Augmented Reality Software Market segments and Market Data Break Down are illuminated below:
by Deployment Mode (Cloud-Based, On-premises), Industry Vertical (Consumer, Aerospace & Defense, Healthcare, Enterprise, Commercial, Automotive, Energy, Others), Functions (Remote collaboration, Workflow optimization, Visualization, Documentation, 3d modelling, Navigation)
Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa
Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.
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Strategic Points Covered in Table of Content of Global Augmented Reality Software Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Augmented Reality Software market
Chapter 2: Exclusive Summary – the basic information of the Augmented Reality Software Market.
Chapter 3: Displayingthe Market Dynamics- Drivers, Trends and Challenges of the Augmented Reality Software
Chapter 4: Presenting the Augmented Reality Software Market Factor Analysis Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region 2013-2018
Chapter 6: Evaluating the leading manufacturers of the Augmented Reality Software market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by manufacturers with revenue share and sales by key countries in these various regions.
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source
Finally, Augmented Reality Software Market is a valuable source of guidance for individuals and companies.
Data Sources & Methodology
The primary sources involves the industry experts from the Global Augmented Reality Software Market including the management organizations, processing organizations, analytics service providers of the industry’s value chain. All primary sources were interviewed to gather and authenticate qualitative & quantitative information and determine the future prospects.
In the extensive primary research process undertaken for this study, the primary sources – Postal Surveys, telephone, Online & Face-to-Face Survey were considered to obtain and verify both qualitative and quantitative aspects of this research study. When it comes to secondary sources Company’s Annual reports, press Releases, Websites, Investor Presentation, Conference Call transcripts, Webinar, Journals, Regulators, National Customs and Industry Associations were given primary weight-age.
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- Supporting company financial and cash flow planning
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- To Seize powerful market opportunities
- Key decision in planning and to further expand market share
- Identify Key Business Segments, Market proposition & Gap Analysis
- Assisting in allocating marketing investments
Definitively, this report will give you an unmistakable perspective on every single reality of the market without a need to allude to some other research report or an information source. Our report will give all of you the realities about the past, present, and eventual fate of the concerned Market.
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