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Extended Reality (XR) Market by Size, Share, Types (Business Engagement, Customer Engagement), Applications (Augmented Reality, Virtual Reality, Mixed Reality) and Forecasts by 2027

Global Extended Reality (XR) market was valued at around USD 26.05 billion in 2020 and is expected to grow with the CAGR of 66% during forecast period 2021-2027.

Nowadays a business needs to move at the speed of their consumers. Keep a track of consumer needs and perspectives, and respond to market trends, to generate profitable business while using the right solutions at the right time.

Extended Reality (XR) Industry Report Scope

The research study focuses on enhancing the basic knowledge of the market professionals about the main product/service, by explicating details like definition, its uses and applications, industry segmentation as well as a global industry outlook. The report further helps in making sound investment decision by listing factors that will contribute to the growth of market worldwide. The study also details about the foreign trade of the product along with the list of major importing and top exporting countries. The research study will also help understand graphical representation and forecasts of key data.

Market Segmentation

Minds Insights provides an analysis of the key trends in each segment of the Extended Reality (XR)-market report, along with forecasts for growth at the region, country and global level from 2021-2027. Our report has categorized the market based on type, application and region.

On the basis of the Type:

  • Business Engagement
  • Customer Engagement
  • Others

On the basis of the Application:

  • Augmented Reality (AR)
  • Virtual Reality (VR)
  • Mixed Reality (MR)

Important regions covered:

  • North America: USA | Canada
  • Europe: UK | Germany | France |Spain | Italy | Russia | Netherlands | Belgium | Switzerland | Rest of Europe
  • Asia-Pacific: China | Japan | India |South Korea | Australia | Indonesia | Thailand | Philippines | Vietnam | Rest of Asia-Pacific
  • LAMEA: Brazil| Mexico | Argentina | Colombia | Chile | Peru | Rest of LAMEA
  • Middle East: Turkey | Saudi Arabia | United Arab Emirates| South Africa| Israel | Egypt |Nigeria | Rest of Middle East

Competitive Analysis

The report also includes key company profiles in Extended Reality (XR) Industry with their market strategies and SWOT analysis. The report focuses on the industry’s main competitors with information such as business profiles, components and financial information of the past 5 years, and key developments. The competitive landscape of the industry has been examined along with the profiles of the key players:

  • Accenture PLC
  • Microsoft Corporation
  • Qualcomm Technologies Inc.
  • SoftServe Inc.
  • Northern Digital Inc.
  • SphereGen Technologies
  • Softweb Solutions Inc.
  • Northern Digital Inc.
  • VertexPlus Softwares Pvt. Ltd.
  • Honeywell International

The report describes prominent players in the Extended Reality (XR) market segment along with their basic profile, company information and recent developments. The report includes crucial information like manufacturing process, raw material requirements and supply-demand side. For investors, and new ventures the report includes information such as costs involved, revenue, market share and size, growth prospects involved.

Major factors covered in this report

  • Market Dynamics: Market Drivers and Restraints
  • Value-Chain: Supply and Demand Analysis
  • Cost and Price Structure Analysis
  • Competitive Analysis
  • Porter’s Five Forces Analysis

What will the report include?

  • Highlights of main global R&D activities and new technological developments
  • Estimation of the actual market size and revenue forecasts for global market
  • Description of the most relevant research and development activities related to Extended Reality (XR) market places
  • Production of Extended Reality (XR), and review of application for Extended Reality (XR) and assessment of emerging applications
  • Analyses of the global market trends, with data from 2020, estimates for 2021, and forecast through 2027
  • Review of current industry players, including manufacturers of Extended Reality (XR), technology developments, and future market participants

Some of the key questions addressed in the report were…

  • What were the market size in 2014 and the outlook from 2021 to 2027?
  • How much growth will the industry market experience between 2017 and 2027?
  • What are the important factors, constraints, and opportunities, and how they will affect market?
  • What are the key segments of the Extended Reality (XR) market growth and why?
  • Who are the main participants and strategies they use to compete in the market?

Our reports are comprised of thorough analysis which includes business scientific analysis, data engineering, behavioural analysis experts and data strategy statistics based in 15 markets around the world. We use data and intelligence to help our clients build long-term relationship with their consumer.

Minds Insights is the foundation for data driven insights in various industry verticals using four key capabilities:

  • Qualitative Research
  • Quantitative Research
  • Strategy Building
  • Research Design

1          Introduction

  • Research Scope
  • Research Methodology and Assumptions
  • Market Segmentation
  • Definitions

2          Executive Summary

3          Market Overview

  • Market Segmentation & Scope
  • Value Chain Analysis
  • Supply Chain Analysis
  • Porter’s Five Forces Analysis
  • Regulatory Landscape
  • Macro-Economic Indicators
  • Cost Structure Analysis
  • Market Dynamics
  • Drivers
  • Restraints
  • Opportunities
  • Market Evaluation

4          Impact of COVID-19 on the Market

5          Technological Analysis

  • Technology advances
  • Upcoming Technology Landscape

6          Competitive Analysis

  • Market Share Analysis
  • Potential Venture Analysis
  • Key Winning Strategies

7          Pricing Analysis

  • Regional Price Analysis
  • Raw Material Analysis

8          Extended Reality (XR) Market, By Type Overview

  • CUSTOMER ENGAGEMENT
  • BUSINESS ENGAGEMENT
  • OTHERS

9          Extended Reality (XR) Market, By Applications Overview

  • AUGMENTED REALITY
  • VIRTUAL REALITY
  • MIXED REALITY

10        Regional Overview

  • Overview
  • North America
    • United States
    • Canada
    • Mexico
  • Europe
  • Germany
  • United Kingdom
  • France
  • Rest of Europe
  • Asia Pacific
  • China
  • Japan
  • India
  • Rest of Asia Pacific
  • Rest of the World
  • Latin America
  • Middle East and Africa

11        Competitive Landscape (Manufacturers & Suppliers)

INTRODUCTION (Business Overview, Platform, Solutions & Services, Key Insights, Recent Developments, SWOT Analysis)

  • ACCENTURE PLC
  • MICROSOFT CORPORATION
  • QUALCOMM TECHNOLOGIES INC.
  • SOFTSERVE INC.
  • NORTHERN DIGITAL INC.
  • SPHEREGEN TECHNOLOGIES
  • SOFTWEB SOLUTIONS INC
  • NORTHERN DIGITAL INC
  • VERTEXPLUS SOFTWARES PVT. LTD
  • HONEYWELL INTERNATIONAL

12        Conclusion & Recommendation

13        Analyst Review

14        Research Methodology

List of Figures

Fig.1    Product Picture of Extended Reality (XR)

Fig.2    Global Extended Reality (XR) Market, 2016 – 2026 (USD Million)

Fig.3    Global Extended Reality (XR) Market Absolute Revenue Opportunity, 2016 – 2026 (USD Million)

Fig.4    Global Extended Reality (XR) Market Incremental Revenue Opportunity, 2020 – 2026 (USD Million)

Fig.5    COVID-19 Impacts on Extended Reality (XR) Market

Fig.6    COVID-19 Impact on the Players

Fig.7    Business Strategies and Recommendations

Fig.8    Global Extended Reality (XR) Market Share, By Type, 2019 & 2026 (USD Million)

Fig.9    Global CUSTOMER ENGAGEMENT Extended Reality (XR) Market, 2016 – 2026 (USD Million)

Fig.10  Global BUSINESS ENGAGEMENT Extended Reality (XR) Market, 2016 – 2026 (USD Million)

Fig.11  Global OTHERS Extended Reality (XR) Market, 2016 – 2026 (USD Million)

Fig.12  Global Extended Reality (XR) Market Share, By Application, 2019 & 2026 (USD Million)

Fig.13  Global AUGMENTED REALITY Extended Reality (XR) Market, 2016 – 2026 (USD Million)

Fig.14  Global VIRTUAL REALITY Extended Reality (XR) Market, 2016 – 2026 (USD Million)

Fig.15  Global MIXED REALITY Extended Reality (XR) Market, 2016 – 2026 (USD Million)

Fig.16  Global Extended Reality (XR) Market Share, by Region, 2019 & 2026 (USD Million)

Fig.17  North America Extended Reality (XR) Market, 2016 – 2026 (USD Million)

Fig.18  U.S. Extended Reality (XR) Market, 2016 – 2026 (USD Million)

Fig.19  Canada Extended Reality (XR) Market, 2016 – 2026 (USD Million)

Fig.20  Europe Extended Reality (XR) Market, 2016 – 2026 (USD Million)

Fig.21  Germany Extended Reality (XR) Market, 2016 – 2026 (USD Million)

Fig.22  France Extended Reality (XR) Market, 2016 – 2026 (USD Million)

Fig.23  U.K. Extended Reality (XR) Market, 2016 – 2026 (USD Million)

Fig.24  Italy Extended Reality (XR) Market, 2016 – 2026 (USD Million)

Fig.25  Spain Extended Reality (XR) Market, 2016 – 2026 (USD Million)

Fig.26  Portugal Extended Reality (XR) Market, 2016 – 2026 (USD Million)

Fig.27  Cyprus Extended Reality (XR) Market, 2016 – 2026 (USD Million)

Fig.28  Lithuania Extended Reality (XR) Market, 2016 – 2026 (USD Million)

Fig.29  Greece Extended Reality (XR) Market, 2016 – 2026 (USD Million)

Fig.30  Rest of Europe Extended Reality (XR) Market, 2016 – 2026 (USD Million)

Fig.31  Asia Pacific Extended Reality (XR) Market, 2016 – 2026 (USD Million)

Fig.32  China Extended Reality (XR) Market, 2016 – 2026 (USD Million)

Fig.33  Japan Extended Reality (XR) Market, 2016 – 2026 (USD Million)

Fig.34  India Extended Reality (XR) Market, 2016 – 2026 (USD Million)

Fig.35  South Korea Extended Reality (XR) Market, 2016 – 2026 (USD Million)

Fig.36  Rest of Asia Pacific Extended Reality (XR) Market, 2016 – 2026 (USD Million)

Fig.37  Latin America Extended Reality (XR) Market, 2016 – 2026 (USD Million)

Fig.38  Brazil Extended Reality (XR) Market, 2016 – 2026 (USD Million)

Fig.39  Mexico Extended Reality (XR) Market, 2016 – 2026 (USD Million)

Fig.40  Rest of Latin America Extended Reality (XR) Market, 2016 – 2026 (USD Million)

Fig.41  The Middle-East and Africa Extended Reality (XR) Market, 2016 – 2026 (USD Million)

Fig.42  GCC Countries Extended Reality (XR) Market, 2016 – 2026 (USD Million)

Fig.43  South Africa Extended Reality (XR) Market, 2016 – 2026 (USD Million)

Fig.44  Rest of Middle-East Africa Extended Reality (XR) Market, 2016 – 2026 (USD Million)

Fig.45  Competitor Market Share – Revenue

Fig.46  ACCENTURE PLC Revenue and Growth Rate

Fig.47  ACCENTURE PLC Market Share

Fig.48 MICROSOFT CORPORATION Revenue and Growth Rate

Fig.49  MICROSOFT CORPORATION Market Share

Fig.50  QUALCOMM TECHNOLOGIES INC. Revenue and Growth Rate

Fig.51  QUALCOMM TECHNOLOGIES INC. Market Share

Fig.51  SOFTSERVE INC. Revenue and Growth Rate

Fig.52  SOFTSERVE INC. Market Share

Fig.53  NORTHERN DIGITAL INC. Revenue and Growth Rate

Fig.54  NORTHERN DIGITAL INC. Market Share

Fig.55  SPHEREGEN TECHNOLOGIES Revenue and Growth Rate

Fig.56  SPHEREGEN TECHNOLOGIES Market Share

Fig.57  SOFTWEB SOLUTIONS INC Revenue and Growth Rate

Fig.58  SOFTWEB SOLUTIONS INC Market Share

Fig.59  NORTHERN DIGITAL INC Revenue and Growth Rate

Fig.60  NORTHERN DIGITAL INC Market Share

Fig.61  VERTEXPLUS SOFTWARES PVT. LTD Revenue and Growth Rate

Fig.62  VERTEXPLUS SOFTWARES PVT. LTD Market Share

Fig.63  HONEYWELL INTERNATIONAL Revenue and Growth Rate

Fig.64  HONEYWELL INTERNATIONAL Market Share

Fig.65  Global Extended Reality (XR) Market – Value Chain Analysis

Fig.66  Technology Roadmap and Timeline

Fig.67  Market Attractiveness Analysis – By Installation

Fig.68  Market Attractiveness Analysis – By Application

Fig.69  Market Attractiveness Analysis – By Region

 

List of Tables

Table 1 Global Extended Reality (XR) Market, 2019 & 2026 (USD Million)

Table 2 Global Extended Reality (XR) Market, By Type, 2016 – 2026 (USD Million)

Table 3 Global Extended Reality (XR) Market, By Installation, 2016 – 2026 (USD Million)

Table 4 Global Extended Reality (XR) Market, By Application, 2016 – 2026 (USD Million)

Table 5 Global Extended Reality (XR) Market, by Region, 2016 – 2026 (USD Million)

Table 6 North America Extended Reality (XR) Market, by Country, 2016 – 2026 (USD Million)

Table 7 North America Extended Reality (XR) Market, By Type, 2016 – 2026 (USD Million)

Table 8 North America Extended Reality (XR) Market, By Installation, 2016 – 2026 (USD Million)

Table 9 North America Extended Reality (XR) Market, By Application, 2016 – 2026 (USD Million)

Table 10 Europe Extended Reality (XR) Market, by Country, 2016 – 2026 (USD Million)

Table 11 Europe Extended Reality (XR) Market, By Type, 2016 – 2026 (USD Million)

Table 12 Europe Extended Reality (XR) Market, By Installation, 2016 – 2026 (USD Million)

Table 13 Europe Extended Reality (XR) Market, By Application, 2016 – 2026 (USD Million)

Table 14 Asia Pacific Extended Reality (XR) Market, by Country, 2016 – 2026 (USD Million)

Table 15 Asia Pacific Extended Reality (XR) Market, By Type, 2016 – 2026 (USD Million)

Table 16 Asia Pacific Extended Reality (XR) Market, By Installation, 2016 – 2026 (USD Million)

Table 17 Asia Pacific Extended Reality (XR) Market, By Application, 2016 – 2026 (USD Million)

Table 18 Latin America Extended Reality (XR) Market, by Country, 2016 – 2026 (USD Million)

Table 19 Latin America Extended Reality (XR) Market, By Type, 2016 – 2026 (USD Million)

Table 20 Latin America Extended Reality (XR) Market, By Installation, 2016 – 2026 (USD Million)

Table 21 Latin America Extended Reality (XR) Market, By Application, 2016 – 2026 (USD Million)

Table 22 The Middle-East and Africa Extended Reality (XR) Market, by Country, 2016 – 2026 (USD Million)

Table 23 The Middle-East and Africa Extended Reality (XR) Market, By Type, 2016 – 2026 (USD Million)

Table 24 The Middle-East and Africa Extended Reality (XR) Market, By Installation, 2016 – 2026 (USD Million)

Table 25 The Middle-East and Africa Extended Reality (XR) Market, By Application, 2016 – 2026 (USD Million)

Table 26 Global Extended Reality (XR) Market - Company Revenue Analysis, 2016 – 2019 (USD Million)

Table 27 Global Extended Reality (XR) Market - Company Revenue Share Analysis, 2016 – 2019 (%)

Table 28 Acquisitions and Mergers

Table 29 Market Drivers – Impact Analysis

Table 30 Market Restraints

Table 31 Market Opportunities