Global Augmented Reality in Retail Market: Key Highlights
Global Augmented Reality in Retail Market: Key Market Dynamics
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Global Augmented Reality in Retail Market: Regional Overview
The augmented reality in retail market in the Asia-Pacific is projected to witness high demand due to the high adoption of digital platform. China is focused through the artificial intelligence, high speed rail, vehicle with new energy and augmented reality. Also Made in China 2025 plan is targeting the emerging technologies which to lead to boost the future growth of economic. Moreover, Japan is a global leader in the technology and in gaming industries will boost the market in the region.
Owing to the rapid growth of the technologies in Europe, the demand for augmented reality and virtual reality is expected to increase. The region is one of the major player in the field of virtual and augmented reality by adoption new emerging technologies to increase productivity. Moreover, the region is projected to be the fifth largest market for virtual and augmented reality.
In 2018, the Europe General Data Protection Regulation (GDPR) came into effect to secure the data and privacy of the individuals in the region.
Global Augmented Reality in Retail Market: Key Players Overview
Apple Inc. is a leading multinational company which manufacture and sells computer software, consumer electronic and online services. The company has world largest augmented platform with thousands of AR application and millions of AR enabled devices. With the augmented reality is transform the world with its features and technologies. Moreover in 2019, the company said its plans to release the first AR headset.
Facebook Inc. is an American social media conglomerate corporation which build a technologies that will help the people to connect with each other. The company has create an application with the augmented reality experience that will reach the billions of user. Also its helps the user around globe come together and connect by the world class hardware and augmented reality software. In 2018, the company announced for the Messenger platform is planning to ability for brands to incorporate through argumenta reality.
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