Human Augmentation Market by Device (Body Worn, Non-Body Worn), by Technology (Augmented Reality, Augmented Intelligence, Exoskeleton, Wearable), by Region (North America, Asia Pacific, Europe, Middle East and Africa, South America) – Global Forecast 2020 to 2027

Human Augmentation Market - Global Industry Analysis and Forecast 2020 to 2027

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

Human Augmentation Market: Drivers & Challenges

Market Driver:

  • 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.

Market Challenges:

  • Lack of Security

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.

Report Features

Specifics

Historical/Estimated/Forecasted Market Size Years

2019-2027

Base Year for Market Calculation

2020

Forecasted Period

2021-2027 (2021 estimated year, forecasted up to 2027)

Measured Units

Value (USD Million)

Segments Included

Device, Technology, and Region

Regional Coverage

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.
  • SAMSUNG
  • Garmin Ltd.
  • FOSSIL GROUP, INC
  • B-Temia Inc
  • CASIO COMPUTER CO., LTD.
  • Magic Leap, Inc.
  • ReWalk Robotics
  • Polar Electro
  • Other Key Companies
    • ATOUN Inc.
    • GOQii

Human Augmentation Market: Report Segmentation

For the scope of the report, In-depth segmentation is offered by Forencis Research

Human Augmentation Market, by Device

  • Body Worn
  • Non-Body Worn

Human Augmentation Market, by Technology

  • Augmented Reality
  • Augmented Intelligence
  • Exoskeleton
  • Wearable
  • Virtual Reality
  • Intelligent Virtual Assistants

Human Augmentation Market, by Region

  • North America
    • US
    • Canada
    • Mexico
  • Asia-Pacific
    • China
    • India
    • Japan
    • Taiwan
    • South Korea
    • Rest of Asia-Pacific
  • Europe
    • Germany
    • France
    • Italy
    • UK
    • Russia
    • Rest of Europe
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • Rest of Middle East & Africa
  • South America
    • Brazil
    • Argentina
    • 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?

Report Audience

  • 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

  1. INTRODUCTION
    1. Research Objectives
    2. Market Definition
    3. Research Scope
    4. Regional Coverage
    5. Research Timeline
    6. Assumptions
    7. Limitations
  2. RESEARCH DESIGN & SCOPE
    1. Introduction
    2. Primary Research
      1. Key Industry Expert Insight
    3. Secondary Research
      1. Vital Data from Secondary Sources
    4. Market Size Estimation
    5. Data Validation & Triangulation
  3. EXECUTIVE SUMMARY
  4. MARKET DYNAMICS
    1. Introduction
    2. Drivers
      1. Rising Technological Advancement in Information Technology
      2. Increasing Demand of Augmented Technologies
    3. Restraint
      1. High Cost Issues
    4. Opportunities
      1. Advancements in Robotics Automation
      2. Strengthen Shopping Experience
      3. Emerging of Artificial Intelligence (AI) in Wearable Devices
    5. Challenges
      1. Lack of Skilled Professional
      2. Lack of Security
  5. INDUSTRY TRENDS – PORTERS FIVE FORCES ANALYSIS
    1. Introduction
      1. Power of Buyers
      2. Power of Suppliers
      3. Intensity of Competition
      4. Challenges of Substitutes
      5. Challenges of New Entrants
    2. Macro-Economic Indicators
  6. GLOBAL HUMAN AUGMENTATION MARKET BY DEVICE, Market Size in USD Million (2019-2027)
    1. Introduction
    2. Body Worn
    3. Non-Body Worn
  7. GLOBAL HUMAN AUGMENTATION MARKET BY TECHNOLOGY, Market Size in USD Million (2019-2027)
    1. Introduction
    2. Augmented Reality
    3. Augmented Intelligence
    4. Exoskeleton
    5. Wearable
    6. Virtual Reality
    7. Intelligent Virtual Assistants
  8. GLOBAL HUMAN AUGMENTATION MARKET BY REGION, Market Size in USD Million (2019-2027)
    1. North America
      1. US
      2. Canada
      3. Mexico
    2. Europe
      1. Germany
      2. France
      3. Italy
      4. UK
      5. Russia
      6. Rest of Europe
    3. Asia-Pacific
      1. China
      2. India
      3. Japan
      4. Taiwan
      5. South Korea
      6. Rest of Asia-Pacific
    4. Middle East and Africa
      1. Saudi Arabia
      2. UAE
      3. Rest of Middle East and Africa
    5. South America
      1. Brazil
      2. Argentina
      3. Rest of South America
  9. COMPETITIVE LANDSCAPE
    1. Introduction
    2. Market Ranking/Share Analysis of Key Companies
    3. Company Benchmarking
  10. COMPANY PROFILES
    1. Vuzix Corporation
      1. Company Overview
      2. Financial Overview
      3. Products/Solutions/Services Offered
      4. Key Developments
      5. SWOT Analysis
    2. Google Inc.
    3. SAMSUNG
    4. Garmin Ltd.
    5. FOSSIL GROUP, INC
    6. B-Temia Inc
    7. CASIO COMPUTER CO., LTD.
    8. Magic Leap, Inc.
    9. ReWalk Robotics
    10. Polar Electro
    11. Other Key Companies
      1. ATOUN Inc.
      2. GOQii
  11. APPENDIX
    1. Key Industry Expert Insights
    2. Primary Discussion Guide
    3. Customization Options

Note1: Tentative table of contents, may get updated during the course of research.

Note2: Company financial information is subject to availability in public domain

60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE STUDY

Rep Id : SC 092

Published : August, 2020


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