Home › News Updates › NSW Business Chamber lists MarketsandMarkets as a prime reference for scenario in augmented reality market

NSW Business Chamber recently cited MarketsandMarkets in their article on augmented reality, highlighting the current and future market trends.

Augmented reality (AR) is creating a buzzword, especially in the retail industry, which will allow the customers to have access to virtual fitting rooms and try products before buying them. Ikea and WayFair, who were the early adopters of AR, have given a fresh boost to the online shopping experience. The global augmented reality market is estimated to be valued at USD 61.39 Billion by 2023, growing at a massive CAGR of 55.71% from 2018-2023, owing to the increasing demand for AR devices and applications in the healthcare industry, increase in demand for AR in the retail and e-commerce sectors, and rising investments in AR.

For More Details:

https://www.nswbusinesschamber.com.au/Media-Centre/Resources/May-2018/The-new-reality-investing-in-AR-is-smart-sales

Report mentioned in the above news is,

Augmented Reality Market by Offering (Hardware (Sensor, Displays & Projectors, Cameras), and Software), Device Type (Head-Mounted, Head-Up, Handheld), Application (Enterprise, Consumer, Commercial, Automotive) and Geography - Global forecast to 2023

Press Release:

https://www.marketsandmarkets.com/PressReleases/augmented-reality.asp

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