SAN FRANCISCO, October 26, 2016 /PRNewswire/ --
The global mixed reality market is expected to reach USD 6.86 billion by 2024, according to a new report conducted by Grand View Research, Inc. The surging acceptance in entertainment and automobile & aerospace designing arenas is expected to boost the market growth. The increasing acceptance in the entertainment industry, specifically in gaming and film-making, is further anticipated to bolster the market growth.
(Logo: http://photos.prnewswire.com/prnh/20150105/723757 )
The market can be categorized on the basis of application types into automotive & aerospace, medical, entertainment, e-commerce & retail, and others. The e-commerce & retail application segment is expected to grow at a remarkable pace owing to the surging incorporation by e-tailers for goods' promotion and advertising; for instance, in fashion houses for providing virtual product experiencing, thus delivering an enhanced appeal factor.
The MR technology offers many advantages to the automotive industry, particularly in safety. For instance, Mercedes-Benz vans deploy MR to realize advanced manufacturing facilities in their van technology center through:
- The overlay of digital crash simulation data on physical crash vehicles
- The visualization of out-of-position and validation of flexible parts
- Digital assembly and disassembly simulations with collision testing
Browse full research report with TOC on "Mixed Reality Market Analysis By Component Type (Hardware, Software), By Application Type (Automotive & Aerospace, Medical, Entertainment, E-commerce & Retail, Others) And Segment Forecasts To 2024" at: http://www.grandviewresearch.com/industry-analysis/mixed-reality-market
Further key findings from the report suggest:
Browse related reports by Grand View Research:
Grand View Research has segmented the global mixed reality market on the basis of component type, application type, and region:
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
Read Our Blogs - http://www.grandviewresearch.com/blogs/technology
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415-349-0058
Toll Free: 1-888-202-9519
Email: sales@grandviewresearch.com
Web: http://www.grandviewresearch.com
Share this article