Key Augmented Reality Market Report Highlights:
- Market growth 2020-2025: USD 108.57 billion
- Growth momentum & CAGR: Accelerate at a CAGR of 31.60%
- YoY growth (%): 29.15%
- Performing market contribution: APAC at 35%
- Key consumer countries: US, China, Japan, Germany, UK, and Canada
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Regional Market Analysis
With 35% of the growth originating from APAC, this region will record a fast growth rate during 2021-2025.
The strong presence of the number of automobile giants in the region is rising the demand for Head-up Displays (HUDs) in the APAC market region. Additionally, these players are integrating AR technology to provide an excellent driving experience.
Apart from Head-up Displays, the two key reasons for the increasing augmented reality market’s growth in APAC are:
- Additionally, the military and defense sector is expected to exhibit a high demand for AR technology in the coming years. AR technology is…
