Asia Pacific Mixed Reality Market By Components (Hardware, Software), Devices Type (Wired, Wireless), Verticals (Aerospace & Defense, Industrial, Consumer Electronics, Architecture, Medical)
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Market Report Description
The Asia Pacific Mixed Reality Market would witness market growth of 81.8% CAGR during the forecast period (2017 - 2023). Mixed reality (MR), also referred to as hybrid reality, is the technology that is used to merge real and virtual worlds and produce new environments and visualizations where physical and digital objects co-exist and interact in real time. The mixed reality market would witness rapid growth due to increasing demand for innovative and wearable products. The aerospace and defense sectors further add to the market expansion as the mixed reality products can be used in training programs.
The technology can be effectively used in schools, as it provides 3D images leading to an interactive learning experience. The mixed reality is a relatively new technology; unlike the augmented reality (AR) or virtual reality (VR) technology, which replaces the real world with a simulated one, the mixed reality technology merges the real world with the virtual world and both the physical and digital objects co-exist and interact in real time. Based on Components, the market report segments the market into Hardware and Software.
Based on Devices Type, the Asia Pacific Mixed Reality market segments the market into Wired and Wireless. Based on Verticals, the market report segments the market into Aerospace & Defense, Industrial, Consumer Electronics, Architecture, Medical, and Others. Based on Countries, the Asia Pacific Mixed Reality market segments the market into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the competition analysis of key stake holders of the Asia Pacific Mixed Reality Market. Key companies profiled in the report include HTC Corporation, Intel Corporation, Magic Leap, Inc., Microsoft Corporation, Facebook, Eon Reality, Inc., Google Inc., Samsung Electronics Co. Ltd., Seiko Epson Corporation, and Meta Company.