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Mixed Reality Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global mixed reality market size reached US$ 755.81 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 7,767.48 Million by 2027, exhibiting a growth rate (CAGR) of 43.70% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.

Mixed reality (MR) refers to an emergent technology that merges the real and virtual worlds to create new visualizations and environments where both digital and physical objects, as well as their data, can co-exist and interact with each other. It combines the best aspects of virtual and augmented reality. Mixed reality uses a projector to project pictures onto semi-transparent materials, which are subsequently reflected back to the eye via beam-splitting equipment. It is utilized for various applications, such as maintenance and operations, design and development, production, reporting and analytics, quality control and distribution, etc. As a result, MR finds widespread utilization across several industries, including education, healthcare, architecture, aerospace and defense, etc.

Mixed Reality Market Trends:

The growing adoption of mixed reality in the gaming and entertainment industry to create realistic games and provide users with immersive experiences is primarily driving the global mixed reality market. In addition to this, the increasing utilization of MR in the education sector to make learning more interactive by using 3D pictures and infographics for a better understanding of concepts is further propelling the product demand. Moreover, the extensive investments in hardware devices, platforms, and software ecosystems for replacing keyboards and flat displays with entirely new paradigms for collaboration and communication are also stimulating the market growth. Apart from this, the rising use of mixed reality in architectural and interior designing to improve process efficiency and standard supply chain is creating a positive outlook for the global market. Furthermore, the elevating utilization of MR in wearables for a variety of field operations, such as maintenance and delivery services, is acting as another significant growth-inducing factor. Besides this, the inflating usage of mixed reality in the healthcare sector to provide high-quality assistance to doctors and medical specialists in diagnosis, training, surgeries, treatments, and rehabilitation is catalyzing the growth of the market. Additionally, several technological enhancements, including AR earbuds that filter specific real-world sounds, are also enhancing the performance of MR, allowing it to be used for a broader range of applications. This, in turn, is expected to augment the growth of the global mixed reality market over the forecasted period.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global mixed reality market report, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on component, device type and application.

Breakup by Component:

  • Hardware
    • Sensor
    • Semiconductor Component
    • Power Units
  • Software
     

Breakup by Device Type:

  • Wired Device
  • Wireless Device
     

Breakup by Application:

  • Aerospace and Defense
  • Architecture
  • Entertainment and Gaming
  • Medical
    • Simulation Training
    • Visualization of Scans
    • Simulation Surgery
  • Others
     

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Apple Inc., Canon Inc, Dell Technologies Inc., EON Reality, Facebook Inc., HP Development Company L.P, HTC Corporation, Intel Corporation, Magic Leap Inc., Microsoft Corporation, Samsung Electronics Co Ltd. and Seiko Epson Corporation.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
    Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Million
Segment Coverage Component, Device Type, Application, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Apple Inc., Canon Inc, Dell Technologies Inc., EON Reality, Facebook Inc., HP Development Company L.P, HTC Corporation, Intel Corporation, Magic Leap Inc., Microsoft Corporation, Samsung Electronics Co Ltd. and Seiko Epson Corporation.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Key Questions Answered in This Report:

  • How has the global mixed reality market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global mixed reality market?
  • What are the key regional markets?
  • What is the breakup of the market based on the component?
  • What is the breakup of the market based on the device type?
  • What is the breakup of the market based on the application?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global mixed reality market and who are the key players?
  • What is the degree of competition in the industry?

1    Preface
2    Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Key Industry Trends
5    Global Mixed Reality Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Component
    6.1    Hardware
        6.1.1 Market Trends
        6.1.2 Key Segments
           6.1.2.1 Sensor
           6.1.2.2 Semiconductor Component
           6.1.2.3 Power Units
        6.1.3 Market Forecast
    6.2    Software
        6.2.1 Market Trends
        6.2.2 Market Forecast
7    Market Breakup by Device Type
    7.1    Wired Device
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Wireless Device
        7.2.1 Market Trends
        7.2.2 Market Forecast
8    Market Breakup by Application
    8.1    Aerospace and Defense
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Architecture
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    Entertainment and Gaming
        8.3.1 Market Trends
        8.3.2 Market Forecast
    8.4    Medical
        8.4.1 Market Trends
        8.4.2 Key Segments
           8.4.2.1 Simulation Training
           8.4.2.2 Visualization of Scans
           8.4.2.3 Simulation Surgery
        8.4.3 Market Forecast
    8.5    Others
        8.5.1 Market Trends
        8.5.2 Market Forecast
9    Market Breakup by Region
    9.1    North America
        9.1.1 United States
           9.1.1.1 Market Trends
           9.1.1.2 Market Forecast
        9.1.2 Canada
           9.1.2.1 Market Trends
           9.1.2.2 Market Forecast
    9.2    Asia-Pacific
        9.2.1 China
           9.2.1.1 Market Trends
           9.2.1.2 Market Forecast
        9.2.2 Japan
           9.2.2.1 Market Trends
           9.2.2.2 Market Forecast
        9.2.3 India
           9.2.3.1 Market Trends
           9.2.3.2 Market Forecast
        9.2.4 South Korea
           9.2.4.1 Market Trends
           9.2.4.2 Market Forecast
        9.2.5 Australia
           9.2.5.1 Market Trends
           9.2.5.2 Market Forecast
        9.2.6 Indonesia
           9.2.6.1 Market Trends
           9.2.6.2 Market Forecast
        9.2.7 Others
           9.2.7.1 Market Trends
           9.2.7.2 Market Forecast
    9.3    Europe
        9.3.1 Germany
           9.3.1.1 Market Trends
           9.3.1.2 Market Forecast
        9.3.2 France
           9.3.2.1 Market Trends
           9.3.2.2 Market Forecast
        9.3.3 United Kingdom
           9.3.3.1 Market Trends
           9.3.3.2 Market Forecast
        9.3.4 Italy
           9.3.4.1 Market Trends
           9.3.4.2 Market Forecast
        9.3.5 Spain
           9.3.5.1 Market Trends
           9.3.5.2 Market Forecast
        9.3.6 Russia
           9.3.6.1 Market Trends
           9.3.6.2 Market Forecast
        9.3.7 Others
           9.3.7.1 Market Trends
           9.3.7.2 Market Forecast
    9.4    Latin America
        9.4.1 Brazil
           9.4.1.1 Market Trends
           9.4.1.2 Market Forecast
        9.4.2 Mexico
           9.4.2.1 Market Trends
           9.4.2.2 Market Forecast
        9.4.3 Others
           9.4.3.1 Market Trends
           9.4.3.2 Market Forecast
    9.5    Middle East and Africa
        9.5.1 Market Trends
        9.5.2 Market Breakup by Country
        9.5.3 Market Forecast
10    SWOT Analysis
    10.1    Overview
    10.2    Strengths
    10.3    Weaknesses
    10.4    Opportunities
    10.5    Threats
11    Value Chain Analysis
12    Porters Five Forces Analysis

    12.1    Overview
    12.2    Bargaining Power of Buyers
    12.3    Bargaining Power of Suppliers
    12.4    Degree of Competition
    12.5    Threat of New Entrants
    12.6    Threat of Substitutes
13    Price Analysis
14    Competitive Landscape

    14.1    Market Structure
    14.2    Key Players
    14.3    Profiles of Key Players
        14.3.1    Apple Inc.
           14.3.1.1 Company Overview
           14.3.1.2 Product Portfolio
        14.3.2    Canon Inc
           14.3.2.1 Company Overview
           14.3.2.2 Product Portfolio
        14.3.3    Dell Technologies Inc.
           14.3.3.1 Company Overview
           14.3.3.2 Product Portfolio
        14.3.4    EON Reality
           14.3.4.1 Company Overview
           14.3.4.2 Product Portfolio
        14.3.5    Facebook Inc.
           14.3.5.1 Company Overview
           14.3.5.2 Product Portfolio
        14.3.6    HP Development Company L.P
           14.3.6.1 Company Overview
           14.3.6.2 Product Portfolio
        14.3.7    HTC Corporation
           14.3.7.1 Company Overview
           14.3.7.2 Product Portfolio
        14.3.8    Intel Corporation
           14.3.8.1 Company Overview
           14.3.8.2 Product Portfolio
        14.3.9    Magic Leap Inc.
           14.3.9.1 Company Overview
           14.3.9.2 Product Portfolio
        14.3.10    Microsoft Corporation
           14.3.10.1 Company Overview
           14.3.10.2 Product Portfolio
        14.3.11    Samsung Electronics Co Ltd.
           14.3.11.1 Company Overview
           14.3.11.2 Product Portfolio
        14.3.12    Seiko Epson Corporation
           14.3.12.1 Company Overview
           14.3.12.2 Product Portfolio

List of Figures

Figure 1: Global: Mixed Reality Market: Major Drivers and Challenges
Figure 2: Global: Mixed Reality Market: Sales Value (in Million US$), 2016-2021
Figure 3: Global: Mixed Reality Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 4: Global: Mixed Reality Market: Breakup by Component (in %), 2021
Figure 5: Global: Mixed Reality Market: Breakup by Device Type (in %), 2021
Figure 6: Global: Mixed Reality Market: Breakup by Application (in %), 2021
Figure 7: Global: Mixed Reality Market: Breakup by Region (in %), 2021
Figure 8: Global: Mixed Reality (Hardware) Market: Sales Value (in Million US$), 2016 & 2021
Figure 9: Global: Mixed Reality (Hardware) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 10: Global: Mixed Reality (Software) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: Global: Mixed Reality (Software) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: Global: Mixed Reality (Wired Device) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: Global: Mixed Reality (Wired Device) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: Global: Mixed Reality (Wireless Device) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: Global: Mixed Reality (Wireless Device) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: Global: Mixed Reality (Aerospace and Defense) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: Global: Mixed Reality (Aerospace and Defense) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: Global: Mixed Reality (Architecture) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: Global: Mixed Reality (Architecture) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: Global: Mixed Reality (Entertainment and Gaming) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: Global: Mixed Reality (Entertainment and Gaming) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: Global: Mixed Reality (Medical) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: Global: Mixed Reality (Medical) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: Global: Mixed Reality (Other Applications) Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: Global: Mixed Reality (Other Applications) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: North America: Mixed Reality Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: North America: Mixed Reality Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: United States: Mixed Reality Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: United States: Mixed Reality Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: Canada: Mixed Reality Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: Canada: Mixed Reality Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: Asia-Pacific: Mixed Reality Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: Asia-Pacific: Mixed Reality Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: China: Mixed Reality Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: China: Mixed Reality Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: Japan: Mixed Reality Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: Japan: Mixed Reality Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: India: Mixed Reality Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: India: Mixed Reality Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: South Korea: Mixed Reality Market: Sales Value (in Million US$), 2016 & 2021
Figure 41: South Korea: Mixed Reality Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 42: Australia: Mixed Reality Market: Sales Value (in Million US$), 2016 & 2021
Figure 43: Australia: Mixed Reality Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 44: Indonesia: Mixed Reality Market: Sales Value (in Million US$), 2016 & 2021
Figure 45: Indonesia: Mixed Reality Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 46: Others: Mixed Reality Market: Sales Value (in Million US$), 2016 & 2021
Figure 47: Others: Mixed Reality Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 48: Europe: Mixed Reality Market: Sales Value (in Million US$), 2016 & 2021
Figure 49: Europe: Mixed Reality Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 50: Germany: Mixed Reality Market: Sales Value (in Million US$), 2016 & 2021
Figure 51: Germany: Mixed Reality Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 52: France: Mixed Reality Market: Sales Value (in Million US$), 2016 & 2021
Figure 53: France: Mixed Reality Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 54: United Kingdom: Mixed Reality Market: Sales Value (in Million US$), 2016 & 2021
Figure 55: United Kingdom: Mixed Reality Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 56: Italy: Mixed Reality Market: Sales Value (in Million US$), 2016 & 2021
Figure 57: Italy: Mixed Reality Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 58: Spain: Mixed Reality Market: Sales Value (in Million US$), 2016 & 2021
Figure 59: Spain: Mixed Reality Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 60: Russia: Mixed Reality Market: Sales Value (in Million US$), 2016 & 2021
Figure 61: Russia: Mixed Reality Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 62: Others: Mixed Reality Market: Sales Value (in Million US$), 2016 & 2021
Figure 63: Others: Mixed Reality Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 64: Latin America: Mixed Reality Market: Sales Value (in Million US$), 2016 & 2021
Figure 65: Latin America: Mixed Reality Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 66: Brazil: Mixed Reality Market: Sales Value (in Million US$), 2016 & 2021
Figure 67: Brazil: Mixed Reality Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 68: Mexico: Mixed Reality Market: Sales Value (in Million US$), 2016 & 2021
Figure 69: Mexico: Mixed Reality Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 70: Others: Mixed Reality Market: Sales Value (in Million US$), 2016 & 2021
Figure 71: Others: Mixed Reality Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 72: Middle East and Africa: Mixed Reality Market: Sales Value (in Million US$), 2016 & 2021
Figure 73: Middle East and Africa: Mixed Reality Market: Breakup by Country (in %), 2021
Figure 74: Middle East and Africa: Mixed Reality Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 75: Global: Mixed Reality Industry: SWOT Analysis
Figure 76: Global: Mixed Reality Industry: Value Chain Analysis
Figure 77: Global: Mixed Reality Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Mixed Reality Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Mixed Reality Market Forecast: Breakup by Component (in Million US$), 2022-2027
Table 3: Global: Mixed Reality Market Forecast: Breakup by Device Type (in Million US$), 2022-2027
Table 4: Global: Mixed Reality Market Forecast: Breakup by Application (in Million US$), 2022-2027
Table 5: Global: Mixed Reality Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 6: Global: Mixed Reality Market: Competitive Structure
Table 7: Global: Mixed Reality Market: Key Players


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