Human Augmentation Market: Summary
The Global Human Augmentation Market is projected to reach a value of over USD 376.3 Billion by 2027 at a CAGR of around 24%.
Human augmentation is referring to a technology which helps to enhance the physical improvements in the integral parts of human body, it is also called as Human 2.0 and Human Performance Enhancement (HPE). It is used to increase human efficiency as well as through artificial method. Whereas, it is latest advanced technology which aims to augments the physical and mental ability of the human body with the benefit of natural technology and artificial scientific.
Hence, the human augmentation will lead to create a major advancement in the healthcare as well as in military, which will enhance the growth of human argumentation market in the forecast period.
Human Augmentation Market: Drivers & Challenges
- Increasing Demand of Augmented Technologies
With the increasing demand of augmented technologies is witness to boost the growth of the human augmentation market. Whereas, it helps in augmented intelligence to perform various tasks without replacing the human as well as improve the wearable augmentation products. Also, it used to boost the healthcare sector, advance human genetic engineering, 3D bio-printing, Internet of things (IoT), Smart devices, and neurotechnology which create a positive impact to the growth of market.
Hence, the augmented reality also enhances with the latest innovation in mobile technology and big data analytics to advance the information rich communication channel for the business growth. Moreover, it helps to advance speed and reduce the time for the products which will lead to fuel the growth of the market in the projected period.
One of the major key concern of the human augmentation market is the lack of security as well as shortage of skilled professional which may hamper the market growth. Whereas, there is a shortage of cyber security professional which has create many complication of the market growth. Also, with the growth advancement in new technologies and frequently changing in the services and solution of the market, lead to create a gap between the skill set required for the modern technologies work. Hence, social and ethical issues as well as the high cost for the implantation medical, and lack of skilled workers are some of the factors challenging market growth in the projected period.
Human Augmentation Market: Key Segments
- Segmentation based on Device: Body Worn and Non-Body Worn.
- Segmentation based on Technology: Augmented Reality, Augmented Intelligence, Exoskeleton, Wearable, Virtual Reality and Intelligent Virtual Assistants.
- Segmentation based on region covers: North America, Europe, Asia-Pacific, Middle East & Africa and South America with individual country-level analysis.
Human Augmentation Market: Report Scope
The report on the Human Augmentation Market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country-wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.
Historical/Estimated/Forecasted Market Size Years
Base Year for Market Calculation
2021-2027 (2021 estimated year, forecasted up to 2027)
Value (USD Million)
Device, Technology, and Region
North America, Asia-Pacific, Europe, Middle East & Africa, South America
Key Companies Covered
- Vuzix Corporation. (Company Description, Company Overview, Product Synopsis, Key Developments, SWOT Analysis)
- Google Inc.
- Garmin Ltd.
- FOSSIL GROUP, INC
- B-Temia Inc
- CASIO COMPUTER CO., LTD.
- Magic Leap, Inc.
- ReWalk Robotics
- Polar Electro
- Other Key Companies
Human Augmentation Market: Report Segmentation
For the scope of the report, In-depth segmentation is offered by Forencis Research
Human Augmentation Market, by Device
Human Augmentation Market, by Technology
- Augmented Reality
- Augmented Intelligence
- Virtual Reality
- Intelligent Virtual Assistants
Human Augmentation Market, by Region
- North America
- South Korea
- Rest of Asia-Pacific
- Rest of Europe
- Middle East & Africa
- Saudi Arabia
- Rest of Middle East & Africa
- South America
- Rest of South America
Key Questions Answered By The Report
- What are the prominent developments affecting the market worldwide and its growth?
- What will be the impact of the developments in the market on the industry and on the market players in the future?
- What are the evolving variations of the market globally?
- What are the evolving functions of the market globally?
- What are the prominent aspects that will affect market growth globally during the study period?
- Who are the key players operating in the market across the globe?
- How are the key players leveraging in the present market scenario worldwide?
- Human Augmentation Market Providers
- Human Augmentation Market Solution and Services Suppliers, Distributors and Dealers
- End-Users of Varied Segments of Human Augmentation Market
- Government Bodies and Intellectual Institutions
- Associations and Industrial Organizations
- Research & Consulting Service Providers
- Research & Development Organizations
- Investment Banks & Private Equity Firms
60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE HUMAN AUGMENTATION MARKET STUDY