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DUBLIN--(BUSINESS WIRE)--Nov 18, 2022--
The "AR and VR Display: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
Global AR and VR Display Market to Reach $11.6 Billion by 2027
In the changed post COVID-19 business landscape, the global market for AR and VR Display estimated at US$1.3 Billion in the year 2020, is projected to reach a revised size of US$11.6 Billion by 2027, growing at a CAGR of 36.2% over the analysis period 2020-2027.
Virtual Reality, one of the segments analyzed in the report, is projected to record 36.7% CAGR and reach US$7.7 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Augmented Reality segment is readjusted to a revised 35.2% CAGR for the next 7-year period.
The U.S. Market is Estimated at $404 Million, While China is Forecast to Grow at 35% CAGR
The AR and VR Display market in the U.S. is estimated at US$404 Million in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$2 Billion by the year 2027 trailing a CAGR of 35% over the analysis period 2020 to 2027.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 32.6% and 31.1% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 25.4% CAGR.
What's New for 2022?
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
2. FOCUS ON SELECT PLAYERS (Total 36 Featured)
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. REGIONAL MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/xd5qko
View source version on businesswire.com:https://www.businesswire.com/news/home/20221118005420/en/
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KEYWORD:
INDUSTRY KEYWORD: ELECTRONIC GAMES WEARABLES/MOBILE TECHNOLOGY TECHNOLOGY ENTERTAINMENT METAVERSE AUDIO/VIDEO GENERAL ENTERTAINMENT HARDWARE CONSUMER ELECTRONICS
SOURCE: Research and Markets
Copyright Business Wire 2022.
PUB: 11/18/2022 11:19 AM/DISC: 11/18/2022 11:19 AM
http://www.businesswire.com/news/home/20221118005420/en