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NEW YORK, May 24, 2021 /PRNewswire/ —
Technavio has been monitoring the extended reality market and it is poised to grow by USD 229.06 billion during 2021-2025, progressing at a CAGR of almost 43% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Accenture Plc, Alphabet Inc., Avnet Inc., Facebook Inc., HTC Corp., Microsoft Corp., Northern Digital Inc., Qualcomm Inc., Seiko Epson Corp., and Sony Corp. are some of the major market participants. Although factors such as the rapid improvements in sensor technology, the increasing adoption in the military, and the growing popularity of 360-degree videos will offer immense growth opportunities, the infrastructural and integration issues is likely to pose a challenge for the market vendors. In a bid to help players strengthen their market foothold, this extended reality market forecast report provides a detailed analysis of the leading market vendors. The report also empowers industry honchos with information on the competitive landscape and insights into the different product offerings offered by various companies.
Technavio’s custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.
Extended Reality Market 2021-2025: Segmentation
Extended Reality Market is segmented as below:
o VR
o AR
o MR
o North America
o APAC
o Europe
o South America
o The Middle East and Africa
To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR41203
Extended Reality Market 2021-2025: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The extended reality market report covers the following areas:
This study identifies the growing popularity of 360-degree videos as one of the prime reasons driving the Extended Reality Market growth during the next few years.
Extended Reality Market 2021-2025: Key Highlights
Related Reports on Information Technology Include:
Global Automotive Augmented Reality and Virtual Reality Market– The automotive augmented reality and virtual reality market is segmented by technology (AR and VR) and geography (Europe, APAC, North America, MEA, and South America).
Download FREE Sample Report
Global Mobile Augmented Reality Market– The mobile augmented reality market is segmented by end-user (enterprise and consumer), application (marketing and advertisement, gaming and entertainment, education and learning, travel and tourism, and others), geography (North America, Europe, APAC, MEA, and South America), and key vendors.
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Table of Contents:
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Application
Customer landscape
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
Report Page: https://www.technavio.com/report/extended-reality-market-industry-analysis
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