Market Snapshot

2018 - 2026
2020
Asia Pacific
North America
47.9 %

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Market Overview
The global mixed reality market was valued at USD 553.27 million in 2020 and expected to reach USD 5811.09 million by 2026 and grow at a CAGR of 47.9% over the forecast period (2021 - 2026). Mixed reality is gaining widespread recognition across business processes, and the momentum is expected to grow further. However, initial costs have been at higher price points, thus making it hard for consumers, but they are still relatively inexpensive for enterprises.
- The increasing adoption of MR in the architecture segment is currently the trend in the industry, which significantly affects the market development. Additionally, the rising adoption of MR devices in the gaming and entertainment sector is expected to drive the MR market during the forecast period.
- The mixed reality trend is being fueled by investments in hardware devices, platforms, and software ecosystems. These investments are primarily focusing on replacing keyboards and flat displays with entirely new paradigms for collaboration and communication.
- Various app developers and hardware developers are investing in developing MR compatible products. For instance, Zspace Inc., in Dec 2018, released a laptop that is aimed at educators, students, and healthcare providers. The laptop combines augmented and virtual reality through a mix of specialized 3D screen technology and lightweight glasses, making the mixed reality content more accessible.
Scope of the Report
Mixed reality (MR) is a technology that consolidates virtual and augmented reality visualization to give real interactive condition to the clients while watching movies or playing games.
Key Market Trends
Mixed Reality Market in Engineering to hold Major Share
The mixed reality market in engineering is slowly but surely becoming a game-changing utility. The present applications range from 3D modeling and virtual molding to remote repair guidance and project monitoring apps. For instance, Microsoft HoloLens is being used in some enterprises enabled with Microsoft Dynamics to help in assisting the user.
Mixed reality is also a useful and powerful instrument in the scenario that demands the visualization of processes, including the assembly process. In the oil refinery application, users didn’t get a description of how to assemble a plant, because it was not required by the oil refinery company. It is common for companies to experience that the employees do not bother with instructions and studying manuals.
Companies, such as Dassault Systemes, is currently working to create MR views of their virtual manufacturing plants in real-world environments. The company is confident that a model can instantaneously be built in their software and exported directly to the headset. To transit these devices as a true engineering design tool, they are emerging as the next step necessary for the broader application

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Geographic Trends

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Competitive Landscape
Table of Contents
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1. INTRODUCTION
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1.1 Scope of the Study
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1.2 Key Findings of the Study
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1.3 Study Assumptions
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1.4 Study Deliverables
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2. RESEARCH METHODOLOGY
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3. EXECUTIVE SUMMARY
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4. MARKET DYNAMICS
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4.1 Market Overview
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4.2 Market Drivers
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4.2.1 High-end Consumer Electronics Market
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4.2.2 Growing Adoption in Various Industries
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4.2.3 Growing Awareness of the Technology, along with Content Availability
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4.3 Industry Attractiveness – Porter’s Five Forces Analysis
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5. COMPARATIVE ANALYSIS (VR vs MR vs AR)
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6. MR HMD COMPONENT VENDORS
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7. MARKET SEGMENTATION
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7.1 End-user Verticals
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7.1.1 Education
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7.1.2 Engineering
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7.1.3 Entertainment
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7.1.4 Healthcare
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7.1.5 Other End-user Verticals
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7.2 Geography
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7.2.1 North America
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7.2.1.1 United States
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7.2.1.2 Canada
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7.2.2 Europe
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7.2.2.1 United Kingdom
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7.2.2.2 France
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7.2.2.3 Rest of Europe
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7.2.3 Asia-Pacific
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7.2.3.1 China
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7.2.3.2 India
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7.2.3.3 Japan
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7.2.3.4 Rest of Asia-Pacific
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7.2.4 Rest of the World
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8. COMPETITIVE LANDSCAPE
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8.1 Company Profiles
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8.1.1 Microsoft Corporation
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8.1.2 Hewlett Packard Enterprise Company
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8.1.3 Dell Technologies Inc.
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8.1.4 AsusTek Computer Inc.
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8.1.5 Samsung Electronics Company Limited
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8.1.6 Acer Inc.
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8.1.7 Magic Leap, Inc.
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8.1.8 Amber Garage (Holokit)
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8.1.9 Occipital Inc.
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*List Not Exhaustive -
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9. MARKET OPPORTUNITIES AND FUTURE TRENDS
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Frequently Asked Questions
What is the study period of this market?
The Mixed Reality Market market is studied from 2018 - 2026.
What is the growth rate of Mixed Reality Market?
The Mixed Reality Market is growing at a CAGR of 47.9% over the next 5 years.
Which region has highest growth rate in Mixed Reality Market?
Asia Pacific is growing at the highest CAGR over 2021- 2026.
Which region has largest share in Mixed Reality Market?
North America holds highest share in 2020.
Who are the key players in Mixed Reality Market?
- Microsoft Corporation
- HP Development Company LP
- Dell Technologies Inc.,
- Magic Leap Inc.
- Amber Garage
- Occipital Inc.
Are the major companies operating in Mixed Reality Market.