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Augmented Reality Headsets Market Witnessing Phenomenal Growth by 2027 | Google, Sony Corp., Kopin Corp., RealWear, Inc., VUZIX, Microsoft, Magic Leap, Inc.,

Jan 12, 2021 8:07 PM ET

An Augmented reality headset is a type of head-mounted display device which delivers simulated visual environment through physical optic lenses. This allows the user to see both the world through digital display and glasses. These devices allow users to experience and understand the real-time occurrences of objects around their surroundings with the help of a camera.

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Market Drivers

The increase in the use of smart wearable devices and head –mounted displays due to the rise in awareness of augmented technology is expected to boost the global augmented reality headsets market growth over the forecast period. Augmented technology also provides abundant opportunities to both new and old businesses. Its application in remote assistance and collaboration is expected to propel the adoption of this product in near future. The rise in investments and funding by large technological organizations, venture capitals, and VR businesses in augmented reality startups will positively influence the market growth during this forecast period. The growing trend of overlaying virtual objects around the environment and the need to experience the objects is expected to fuel the product demand.

Market Restraints

The increase in health issues associated with excessive usage of augmented reality headsets expected to hamper the market growth during this forecast timeline.

Market Key Players

Various key players are discussed in this report such as Google LLC, Sony Corporation, Kopin Corporation, RealWear, Inc., Seiko Epson Corporation, VUZIX, Microsoft, Magic Leap, Inc., etc.

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Market Taxonomy

By Type

  • Standalone headsets
  • Tethered
  • Smartphone-enabled headsets

By Application

  • Enterprise
  • Consumer

By Region

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East & Africa

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