• About Us
  • Contact Us
  • Submit a Release
Algeria News Club
Wednesday, September 27, 2023
No Result
View All Result
  • News
    • All
    • Africa
    • Business
    • Finance
    • Lifestyle
    • Middle East
    • Press Releases
    • Sports
    • Technology
    • Travel
    Arab Newswire, a Press release Distribution Service to Middle East and North Africa, Adds GCC Weekly to its Media List

    Arab Newswire, a Press release Distribution Service to Middle East and North Africa, Adds GCC Weekly to its Media List

    Air Freight Market is expected to Reach USD 440.16 Billion by 2029 at a CAGR of 5.8 percent

    Air Freight Market is expected to Reach USD 440.16 Billion by 2029 at a CAGR of 5.8 percent

    Blue Cheese Market is expected to Hit USD 12.4 Billion by 2029 at a CAGR of 3.6 percent

    Blue Cheese Market is expected to Hit USD 12.4 Billion by 2029 at a CAGR of 3.6 percent

    Car Crusher Machine Market to Reach USD 3.47 Billion by 2029 at a CAGR of 5.4 percent

    Car Crusher Machine Market to Reach USD 3.47 Billion by 2029 at a CAGR of 5.4 percent

    Meal Kits Market to Reach USD 47.27 Billion by the end of the forecast period at a CAGR of 14.7 percent

    Meal Kits Market to Reach USD 47.27 Billion by the end of the forecast period at a CAGR of 14.7 percent

    Freshwater Fish Market to Reach USD 271.57 Billion by the end of the forecast period at a CAGR of 2.3 percent

    Freshwater Fish Market to Reach USD 271.57 Billion by the end of the forecast period at a CAGR of 2.3 percent

    Application Integration Market to Reach USD 46.21 Billion by 2029 at a CAGR of 20.1 percent

    Application Integration Market to Reach USD 46.21 Billion by 2029 at a CAGR of 20.1 percent

    Hot & Cold Systems Market Share: Regional Dynamics Unveiled

    Hot & Cold Systems Market Share: Regional Dynamics Unveiled

  • Algiers
  • Blida
  • Oran
  • Constantine
  • Setif
  • Annaba
Algeria News Club
Submit PR

AR and VR Display Market worth $8.2 billion by 2028 at a CAGR of 35.6%

NEWSROOM by NEWSROOM
February 15, 2023
in Press Releases
Share on FacebookShare on Twitter


(EMAILWIRE.COM, February 15, 2023 ) The AR and VR display market size is valued at USD 1.8 billion in 2023 and is anticipated to USD 8.2 billion by 2028; growing at a CAGR of 35.6% from 2023 to 2028. The key factors fueling the growth of this market include growing adoption of AR and VR devices in various applications, increasing demand for OLED displays in AR and VR devices, growing adoption of AR and VR HMDs in different industries, adoption of AR and VR devices in gaming industry, and growing popularity of Metaverse.

Download PDF Brochure @
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=180787629

AR and VR display market based on technology has been segmented into AR and VR. High growth opportunities can be found in the emerging use cases of display panels such as smart mirrors, smart home appliances, and smart wearable display segments—AR and VR HMDs and smartwatches. Displays are integrated with AR and VR devices to create immersive virtual experiences. Display panels for smart wearables, such as AR and VR devices and smartwatches, have revolutionized the electronics industry by offering users interactive capabilities. Thus, display panels play an important role in the ecosystem of AR and VR devices. AR technology uses a computer-simulated environment to connect virtual objects and reality, whereas VR uses software simulation to create an artificial environment. The high adoption of VR HMDs is the major driver for the growth of VR technology in the AR and VR display market.

Based on device type the market has been fragmented into head-mounted displays (HMDs), head-up displays (HUDs), and projectors. The high demand for VR HMDs in gaming and entertainment would drive the market for AR and VR displays in terms of volume. The use of HUDs in automotive applications would drive the growth of the AR HUDs segment during the forecast period. However, AR HMDs are likely to capture the highest CAGR during the forecast period.

The AR and VR display market is based on display technology organic light-emitting diode (OLED), liquid crystal display (LCD), liquid crystal on silicon (LCoS), digital light processing (DLP), and Micro-LED. OLED displays can be used for various applications, including consumer electronics, gaming, automotive, medical devices, lighting, and transportation. Moreover, the cost of OLED displays is expected to reduce in the coming years; thus, OLED technology is likely to be rapidly adopted in AR and VR devices and gain a major market share during the forecast period.

Asia Pacific dominated the AR and VR display market and is expected to maintain the position through the forecast period. Asia Pacific is expected to hold the largest share of the VR display market by 2028. It is expected to grow at the highest CAGR during the forecast period. The growth of the market in Asia Pacific can be attributed to the presence of major VR display manufacturers such as Samsung, Sony, and Epson. With growing consumer demand for VR gear, mainly for gaming and industrial applications, the market growth is expected to propel further.

News Also Covered: https://www.prnewswire.com/news-releases/ar-and-vr-display-market-worth-8-2-billion-by-2028—exclusive-report-by-marketsandmarkets-301743820.html

Related Reports:

Near-Eye Display Market by Technology (TFT LCD, OLEDoS, LCoS, MicroLED, AMOLED, DLP, Laser Beam Scanning), Device Type (AR, VR), Vertical (Consumer, Medical, Aerospace & Defense, Automotive) and Geography – Global Forecast to 2027

Augmented Reality and Virtual Reality Market by Technology Type (AR: Markerless, Marker-base; VR: Non-Immersive, Semi-immersive and Fully Immersive Technology), Device Type, Offering, Application, Enterprise, and Geography – Global Forecast to 2027

About MarketsandMarkets™

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.



Source link

Related Posts

Air Freight Market is expected to Reach USD 440.16 Billion by 2029 at a CAGR of 5.8 percent
Press Releases

Air Freight Market is expected to Reach USD 440.16 Billion by 2029 at a CAGR of 5.8 percent

September 24, 2023
Blue Cheese Market is expected to Hit USD 12.4 Billion by 2029 at a CAGR of 3.6 percent
Press Releases

Blue Cheese Market is expected to Hit USD 12.4 Billion by 2029 at a CAGR of 3.6 percent

September 24, 2023
Car Crusher Machine Market to Reach USD 3.47 Billion by 2029 at a CAGR of 5.4 percent
Press Releases

Car Crusher Machine Market to Reach USD 3.47 Billion by 2029 at a CAGR of 5.4 percent

September 24, 2023
Meal Kits Market to Reach USD 47.27 Billion by the end of the forecast period at a CAGR of 14.7 percent
Press Releases

Meal Kits Market to Reach USD 47.27 Billion by the end of the forecast period at a CAGR of 14.7 percent

September 23, 2023
Freshwater Fish Market to Reach USD 271.57 Billion by the end of the forecast period at a CAGR of 2.3 percent
Press Releases

Freshwater Fish Market to Reach USD 271.57 Billion by the end of the forecast period at a CAGR of 2.3 percent

September 23, 2023
Application Integration Market to Reach USD 46.21 Billion by 2029 at a CAGR of 20.1 percent
Press Releases

Application Integration Market to Reach USD 46.21 Billion by 2029 at a CAGR of 20.1 percent

September 23, 2023
Next Post

Network Switches Market worth $45.5 billion by 2028 at a CAGR of 6.6%

Subscribe to Our Newsletter

    Recent Posts

    • Arab Newswire, a Press release Distribution Service to Middle East and North Africa, Adds GCC Weekly to its Media List September 25, 2023
    • Blida: toutes les infrastructures nécessaires seront prêtes au pôle … – Algérie Eco, toute l'actualité de l'économie en Algérie September 25, 2023
    • Car Crusher Machine Market to Reach USD 3.47 Billion by 2029 at a CAGR of 5.4 percent September 24, 2023
    • Blue Cheese Market is expected to Hit USD 12.4 Billion by 2029 at a CAGR of 3.6 percent September 24, 2023
    • Air Freight Market is expected to Reach USD 440.16 Billion by 2029 at a CAGR of 5.8 percent September 24, 2023

    Categories

    • Algiers (66)
    • Annaba (73)
    • Blida (59)
    • Constantine (84)
    • News (1,797)
      • Africa (42)
      • Business (74)
      • Finance (74)
      • Lifestyle (72)
      • Middle East (150)
      • Press Releases (1,164)
      • Sports (73)
      • Technology (75)
      • Travel (73)
    • Oran (69)
    • Setif (93)

    AlgeriaNews.Club™ publishes and aggregates business, socio-economic, Tech and industrial news on UAE, Middle East and North Africa (MENA).

    Press release distribution services

    We provide press release distribution to media in United Arab Emirates, the Arab world and the GCC/MENA regions. Submit a press release today or contact us.

    Categories

    News
    Algiers
    Oran
    Constatine
    Setif
    Annaba

    Recent News

    Recent Posts
    • Arab Newswire, a Press release Distribution Service to Middle East and North Africa, Adds GCC Weekly to its Media List
    • Blida: toutes les infrastructures nécessaires seront prêtes au pôle … – Algérie Eco, toute l'actualité de l'économie en Algérie
    • Car Crusher Machine Market to Reach USD 3.47 Billion by 2029 at a CAGR of 5.4 percent
    • Blue Cheese Market is expected to Hit USD 12.4 Billion by 2029 at a CAGR of 3.6 percent

    Subscribe to Our Newsletter

      AlgeriaNews.Club™ is part of GroupWeb Media Network. © 2023 GroupWeb Media LLC

      About Us / Contact Us / Submit a Release

      No Result
      View All Result
      • News
        • Africa
        • Middle East
        • Business
        • Finance
        • Lifestyle
        • Sports
        • Technology
        • Travel
        • Press Releases
      • Algiers
      • Oran
      • Constantine
      • Setif
      • Annaba

      AlgeriaNews.Club™ is part of GroupWeb Media Network. © 2023 GroupWeb Media LLC

      Welcome Back!

      Login to your account below

      Forgotten Password?

      Retrieve your password

      Please enter your username or email address to reset your password.

      Log In