Mobile Augmented Reality MarketThe sudden challenges created by the ongoing COVID-19 are captured effectively to exhibit the long term growth projections in the MRFR report on Mobile Augmented Reality Market .
The growth sectors of the Mobile Augmented Reality Market are identified with precision for a better growth perspective.Today, using internet on mobile is a common thing, and the next big thing is the augmented reality which all leading mobile makers are providing.
Nowadays, advanced smartphones and tablets offer Internet of Things (IoT), along with the advanced technologies in augmented reality.
They are integrated with the sensors, processing, and displays for mobile which is used for augmented reality applications.Market Research Future (MRFR) has published a research report that anticipates colossal growth for the global mobile augmented reality market with 61% CAGR (Compound Annual Growth Rate) between 2017 and 2023.
The key factors that are driving the growth of this market include craze for next-generation mobile augmented reality, emerging IoT & artificial intelligence (AI), the popularity of wearable devices & hands-free devices, and the growing market of mobile handsets.The global mobile augmented reality market has been segmented on the basis of application, component, end user, and region.
Based on the end users, the market has been segmented into enterprises, gaming & entertainment, public sectors, telecommunication, and others.