News

AR/VR Chip Market to Record Ascending Growth by 2027| Qualcomm Technologies, NVIDIA, Imagination Technologies, MEDIATEK, Intel, Spectra 7

The global AR/VR chip market was valued at $1.38 billion in 2018, and is projected to reach $7.76 billion by 2026, registering a CAGR of 23.3% from 2019 to 2026. The AR/VR chip market is projected to witness healthy growth, especially in the Asia-Pacific and European region. This growth is attributed to high adoption of mobile devices; growth in number of gamers in the region; and increased awareness among the end-user industries regarding the benefits of augmented and virtual reality technology-based solutions.

Check for the sample here –https://www.premiummarketinsights.com/sample/AMR00026895                                                                                                                                                                                                                  

A handheld is any portable device that can be carried and held in one’s palm. A handheld can be any computing or electronic device that is compact and portable enough to be held and used in one or both hands. It may contain cellular communication, but this category can also include other computing devices.Growing popularity and a rise in numbers of the technology user base are expected to drive the demand for the AR & VR handheld device market during the period.

Growth of the AR/VR chip market is driven by rise in demand for AR/VR chip in gaming vertical, cost-efficient benefits of augmented and virtual reality based solutions, and surge in need for the adoption of AR/VR in various applications. However, resistance to adopt the augmented and virtual reality technology and lack of investments in R&D restrain the growth of the market. Furthermore, technological advancements and introduction of industry-specific solution offer lucrative opportunities for the market growth.

The List of companies covered in this Reports are:

Qualcomm Technologies Inc.
NVIDIA Corporation
Imagination Technologies Limited
MEDIATEK Inc.
Intel Corporation
Spectra 7
Advanced Microdevices Inc
International Business Machine Corporation
Samsung Electronics Co. Ltd
and Huawei Technologies Co. Ltd.

The AR/VR chip market is segmented on the basis of chip type, device type, end user, and application. On the basis of chip type, the market is divided into processor ICs, user interface ICs, and power management ICs. Device types covered in the study include head mounted display, head up display, handheld device, gesture tracking device, and projector & display wall. End user includes gaming, entertainment & media, aerospace & defense, healthcare, and others. Based on region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

For Purchase this report:  https://www.premiummarketinsights.com/buy/AMR00026895                                   

About Premium Market Insights:            

Premium Market Insights is a one stop shop of market research reports and solutions to various companies across the globe. We help our clients in their decision support system by helping them choose most relevant and cost effective research reports and solutions from various publishers. We provide best in class customer service and our customer support team is always available to help you on your research queries. Our commitment to customer service is best exemplified by free analyst support that we offer to our clients which sets us apart from any other provider.

Contact Info:
Name: Sameer Joshi
Email: [email protected]
Organization: Premium Market Insights
Phone: +1-646-491-9876

Tagged AR/VR Chip, AR/VR Chip Advantages, AR/VR Chip China, AR/VR Chip Europe, AR/VR Chip Forecast, AR/VR Chip France, AR/VR Chip Germany, AR/VR Chip Italy, AR/VR Chip Japan, AR/VR Chip Korea, AR/VR Chip Market, AR/VR Chip Netherlands, AR/VR Chip Share, AR/VR Chip Size, AR/VR Chip Spain, AR/VR Chip Trend, AR/VR Chip Turkey, AR/VR Chip U.K, AR/VR Chip U.S