Global Mixed Reality Market to See Tremendous Growth through 2023, Predicts KBV Research in Its In-Demand Report Available at MarketPublishers.com14 Nov 2017 • by Natalie Aster
LONDON – Mixed reality (MR), a.k.a. hybrid reality, refers to a technology adopted to combine real and virtual worlds, thus creating new environments and visualisations, where digital and physical objects co-exist and interact in real time.
Nowadays, MR technology is widely applied in schools (as it offers nice opportunities for interactive learning) and is in demand in the aerospace and defense industries (where it is effective in training programs).
Driven by a number of favourable factors, including the booming demand for innovative and wearable products along with constantly rising demand form the end-use sectors and increasing number of new applications, the world’s market for mixed reality is set to demonstrate exponential growth, posting a colossal CAGR of around 77%, from 2017 till 2023. The market value is predicted to amount to USD 2.8 billion by 2023.
Some of the dominant companies in the MR market are Intel Corporation, Seiko Epson Corporation, Microsoft Corporation, Facebook, etc.
In-demand research report “Global Mixed Reality Market Analysis (2017-2023)” prepared by KBV Research offers its readers a detailed overview of the world’s MR market performance, historical development and current market scenario. Moreover, this report focuses on the market landscape and trends across the main regional markets. Additionally, the study includes a profound analysis of the market dynamics as well as identifies and discusses the main factors responsible for the market growth and development. Besides, the report describes the market competitive scenario, profiles the main market participants, offers a review of the key market segments with details on size, shares and growth rates; examines the top development trends, pinpoints future growth prospects, challenges and opportunities. Detailed forecasts for the MR market development up to 2023 are also available in this comprehensive research report.
KBV Research online catalogue at MarketPublishers.com includes the full collection of research reports issued by this publisher.