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PUBLISHER: KBV Research | PRODUCT CODE: 1621232
PUBLISHER: KBV Research | PRODUCT CODE: 1621232
LAMEA Mixed Reality Market Size, Share & Trends Analysis Report By Component (Hardware and Software), By Devices Type (Wireless and Wired), By Application, By Country and Growth Forecast, 2024 - 2031
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The Latin America, Middle East and Africa Mixed Reality Market would witness market growth of 54.6% CAGR during the forecast period (2024-2031).
The Brazil market dominated the LAMEA Mixed Reality Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $2,852.4 million by 2031. Argentina market is registering a CAGR of 55.4% during (2024 - 2031). Additionally, The UAE market would showcase a CAGR of 52.9% during (2024 - 2031).
The consumer demand for MR is also growing, particularly in gaming, entertainment, and retail. Gaming consoles like the PlayStation VR and mobile apps for MR have made it easier for consumers to access immersive experiences. In retail, brands like IKEA and Sephora have embraced MR to enhance the shopping experience. Consumer adoption, however, is still in the early stages compared to enterprise adoption, with factors such as cost, device comfort, and content availability influencing the pace of growth.
Additionally, the adoption of MR varies by region, with North America and Europe leading the way in terms of technology development and enterprise adoption. The Asia-Pacific region is also emerging as a key player, particularly in countries like Japan and China, with a strong interest in robotics, gaming, and entertainment. These regions ' governments and private sector companies invest heavily in MR technologies to drive innovation and support economic growth.
In the UAE, healthcare is receiving significant attention, with 8.4% of the federal budget 2022 (USD 15.8 billion) allocated to the sector. Additionally, healthcare is a key priority in the UAE's Vision 2040, which envisions the country as a regional hub for healthcare services. This focus on healthcare development creates an ideal environment for adopting advanced technologies like mixed reality. MR in healthcare can be used in various applications, from medical training and surgery simulations to patient rehabilitation and therapy.
Based on Component, the market is segmented into Hardware and Software. Based on Devices Type, the market is segmented into Wireless and Wired. Based on Application, the market is segmented into Gaming & Entertainment, Automotive, Industrial & Manufacturing, Healthcare, Aerospace & defense, Education, E-Commerce & Retail, and Other Application. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
List of Key Companies Profiled
- Microsoft Corporation
- Google LLC (Alphabet Inc.)
- Canon, Inc.
- Samsung Electronics Co., Ltd. (Samsung Group)
- Meta Platforms, Inc.
- HTC Corporation
- Dell Technologies, Inc.
- PTC Inc.
- Hewlett Packard Enterprise Company
- Niantic, Inc.
LAMEA Mixed Reality Market Report Segmentation
By Component
- Hardware
- Software
By Devices Type
- Wireless
- Wired
By Application
- Gaming & Entertainment
- Automotive
- Industrial & Manufacturing
- Healthcare
- Aerospace & defense
- Education
- E-Commerce & Retail
- Other Application
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Table of Contents
Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 LAMEA Mixed Reality Market, by Component
- 1.4.2 LAMEA Mixed Reality Market, by Devices Type
- 1.4.3 LAMEA Mixed Reality Market, by Application
- 1.4.4 LAMEA Mixed Reality Market, by Country
- 1.5 Methodology for the research
Chapter 2. Market at a Glance
- 2.1 Key Highlights
Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.1.1 Overview
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges
Chapter 4. Competition Analysis - Global
- 4.1 Market Share Analysis, 2023
- 4.2 Recent Strategies Deployed in Mixed Reality Market
- 4.3 Porter Five Forces Analysis
Chapter 5. LAMEA Mixed Reality Market by Component
- 5.1 LAMEA Hardware Market by Country
- 5.2 LAMEA Software Market by Country
Chapter 6. LAMEA Mixed Reality Market by Devices Type
- 6.1 LAMEA Wireless Market by Country
- 6.2 LAMEA Wired Market by Country
Chapter 7. LAMEA Mixed Reality Market by Application
- 7.1 LAMEA Gaming & Entertainment Market by Country
- 7.2 LAMEA Automotive Market by Country
- 7.3 LAMEA Industrial & Manufacturing Market by Country
- 7.4 LAMEA Healthcare Market by Country
- 7.5 LAMEA Aerospace & defense Market by Country
- 7.6 LAMEA Education Market by Country
- 7.7 LAMEA E-Commerce & Retail Market by Country
- 7.8 LAMEA Other Application Market by Country
Chapter 8. LAMEA Mixed Reality Market by Country
- 8.1 Brazil Mixed Reality Market
- 8.1.1 Brazil Mixed Reality Market by Component
- 8.1.2 Brazil Mixed Reality Market by Devices Type
- 8.1.3 Brazil Mixed Reality Market by Application
- 8.2 Argentina Mixed Reality Market
- 8.2.1 Argentina Mixed Reality Market by Component
- 8.2.2 Argentina Mixed Reality Market by Devices Type
- 8.2.3 Argentina Mixed Reality Market by Application
- 8.3 UAE Mixed Reality Market
- 8.3.1 UAE Mixed Reality Market by Component
- 8.3.2 UAE Mixed Reality Market by Devices Type
- 8.3.3 UAE Mixed Reality Market by Application
- 8.4 Saudi Arabia Mixed Reality Market
- 8.4.1 Saudi Arabia Mixed Reality Market by Component
- 8.4.2 Saudi Arabia Mixed Reality Market by Devices Type
- 8.4.3 Saudi Arabia Mixed Reality Market by Application
- 8.5 South Africa Mixed Reality Market
- 8.5.1 South Africa Mixed Reality Market by Component
- 8.5.2 South Africa Mixed Reality Market by Devices Type
- 8.5.3 South Africa Mixed Reality Market by Application
- 8.6 Nigeria Mixed Reality Market
- 8.6.1 Nigeria Mixed Reality Market by Component
- 8.6.2 Nigeria Mixed Reality Market by Devices Type
- 8.6.3 Nigeria Mixed Reality Market by Application
- 8.7 Rest of LAMEA Mixed Reality Market
- 8.7.1 Rest of LAMEA Mixed Reality Market by Component
- 8.7.2 Rest of LAMEA Mixed Reality Market by Devices Type
- 8.7.3 Rest of LAMEA Mixed Reality Market by Application
Chapter 9. Company Profiles
- 9.1 Microsoft Corporation
- 9.1.1 Company Overview
- 9.1.2 Financial Analysis
- 9.1.3 Segmental and Regional Analysis
- 9.1.4 Research & Development Expenses
- 9.1.5 Recent strategies and developments:
- 9.1.5.1 Product Launches and Product Expansions:
- 9.1.6 SWOT Analysis
- 9.2 Google LLC (Alphabet Inc.)
- 9.2.1 Company Overview
- 9.2.2 Financial Analysis
- 9.2.3 Segmental and Regional Analysis
- 9.2.4 Research & Development Expense
- 9.2.5 Recent strategies and developments:
- 9.2.5.1 Product Launches and Product Expansions:
- 9.2.5.2 Acquisition and Mergers:
- 9.2.6 SWOT Analysis
- 9.3 Canon, Inc.
- 9.3.1 Company Overview
- 9.3.2 Financial Analysis
- 9.3.3 Segmental and Regional Analysis
- 9.3.4 Research & Development Expenses
- 9.3.5 SWOT Analysis
- 9.4 Samsung Electronics Co., Ltd. (Samsung Group)
- 9.4.1 Company Overview
- 9.4.2 Financial Analysis
- 9.4.3 Segmental and Regional Analysis
- 9.4.4 Research & Development Expenses
- 9.4.5 SWOT Analysis
- 9.5 Meta Platforms, Inc.
- 9.5.1 Company Overview
- 9.5.2 Financial Analysis
- 9.5.3 Segment and Regional Analysis
- 9.5.4 Research & Development Expense
- 9.5.5 Recent strategies and developments:
- 9.5.5.1 Partnerships, Collaborations, and Agreements:
- 9.5.5.2 Product Launches and Product Expansions:
- 9.5.6 SWOT Analysis
- 9.6 HTC Corporation
- 9.6.1 Company Overview
- 9.6.2 Financial Analysis
- 9.6.3 Research & Development Expenses
- 9.6.4 Recent strategies and developments:
- 9.6.4.1 Product Launches and Product Expansions:
- 9.6.5 SWOT Analysis
- 9.7 Dell Technologies, Inc.
- 9.7.1 Company Overview
- 9.7.2 Financial Analysis
- 9.7.3 Segmental and Regional Analysis
- 9.7.4 Research & Development Expense
- 9.7.5 SWOT Analysis
- 9.8 PTC, Inc.
- 9.8.1 Company Overview
- 9.8.2 Financial Analysis
- 9.8.3 Regional Analysis
- 9.8.4 Research & Development Expenses
- 9.8.5 Recent strategies and developments:
- 9.8.5.1 Partnerships, Collaborations, and Agreements:
- 9.8.6 SWOT Analysis
- 9.9 Hewlett Packard Enterprise Company
- 9.9.1 Company Overview
- 9.9.2 Financial Analysis
- 9.9.3 Segmental and Regional Analysis
- 9.9.4 Research & Development Expense
- 9.9.5 SWOT Analysis
- 9.10. Niantic, Inc.
- 9.10.1 Company Overview
- 9.10.2 Recent strategies and developments:
- 9.10.2.1 Product Launches and Product Expansions:
LIST OF TABLES
- TABLE 1 LAMEA Mixed Reality Market, 2020 - 2023, USD Million
- TABLE 2 LAMEA Mixed Reality Market, 2024 - 2031, USD Million
- TABLE 3 LAMEA Mixed Reality Market by Component, 2020 - 2023, USD Million
- TABLE 4 LAMEA Mixed Reality Market by Component, 2024 - 2031, USD Million
- TABLE 5 LAMEA Hardware Market by Country, 2020 - 2023, USD Million
- TABLE 6 LAMEA Hardware Market by Country, 2024 - 2031, USD Million
- TABLE 7 LAMEA Software Market by Country, 2020 - 2023, USD Million
- TABLE 8 LAMEA Software Market by Country, 2024 - 2031, USD Million
- TABLE 9 LAMEA Mixed Reality Market by Devices Type, 2020 - 2023, USD Million
- TABLE 10 LAMEA Mixed Reality Market by Devices Type, 2024 - 2031, USD Million
- TABLE 11 LAMEA Wireless Market by Country, 2020 - 2023, USD Million
- TABLE 12 LAMEA Wireless Market by Country, 2024 - 2031, USD Million
- TABLE 13 LAMEA Wired Market by Country, 2020 - 2023, USD Million
- TABLE 14 LAMEA Wired Market by Country, 2024 - 2031, USD Million
- TABLE 15 LAMEA Mixed Reality Market by Application, 2020 - 2023, USD Million
- TABLE 16 LAMEA Mixed Reality Market by Application, 2024 - 2031, USD Million
- TABLE 17 LAMEA Gaming & Entertainment Market by Country, 2020 - 2023, USD Million
- TABLE 18 LAMEA Gaming & Entertainment Market by Country, 2024 - 2031, USD Million
- TABLE 19 LAMEA Automotive Market by Country, 2020 - 2023, USD Million
- TABLE 20 LAMEA Automotive Market by Country, 2024 - 2031, USD Million
- TABLE 21 LAMEA Industrial & Manufacturing Market by Country, 2020 - 2023, USD Million
- TABLE 22 LAMEA Industrial & Manufacturing Market by Country, 2024 - 2031, USD Million
- TABLE 23 LAMEA Healthcare Market by Country, 2020 - 2023, USD Million
- TABLE 24 LAMEA Healthcare Market by Country, 2024 - 2031, USD Million
- TABLE 25 LAMEA Aerospace & defense Market by Country, 2020 - 2023, USD Million
- TABLE 26 LAMEA Aerospace & defense Market by Country, 2024 - 2031, USD Million
- TABLE 27 LAMEA Education Market by Country, 2020 - 2023, USD Million
- TABLE 28 LAMEA Education Market by Country, 2024 - 2031, USD Million
- TABLE 29 LAMEA E-Commerce & Retail Market by Country, 2020 - 2023, USD Million
- TABLE 30 LAMEA E-Commerce & Retail Market by Country, 2024 - 2031, USD Million
- TABLE 31 LAMEA Other Application Market by Country, 2020 - 2023, USD Million
- TABLE 32 LAMEA Other Application Market by Country, 2024 - 2031, USD Million
- TABLE 33 LAMEA Mixed Reality Market by Country, 2020 - 2023, USD Million
- TABLE 34 LAMEA Mixed Reality Market by Country, 2024 - 2031, USD Million
- TABLE 35 Brazil Mixed Reality Market, 2020 - 2023, USD Million
- TABLE 36 Brazil Mixed Reality Market, 2024 - 2031, USD Million
- TABLE 37 Brazil Mixed Reality Market by Component, 2020 - 2023, USD Million
- TABLE 38 Brazil Mixed Reality Market by Component, 2024 - 2031, USD Million
- TABLE 39 Brazil Mixed Reality Market by Devices Type, 2020 - 2023, USD Million
- TABLE 40 Brazil Mixed Reality Market by Devices Type, 2024 - 2031, USD Million
- TABLE 41 Brazil Mixed Reality Market by Application, 2020 - 2023, USD Million
- TABLE 42 Brazil Mixed Reality Market by Application, 2024 - 2031, USD Million
- TABLE 43 Argentina Mixed Reality Market, 2020 - 2023, USD Million
- TABLE 44 Argentina Mixed Reality Market, 2024 - 2031, USD Million
- TABLE 45 Argentina Mixed Reality Market by Component, 2020 - 2023, USD Million
- TABLE 46 Argentina Mixed Reality Market by Component, 2024 - 2031, USD Million
- TABLE 47 Argentina Mixed Reality Market by Devices Type, 2020 - 2023, USD Million
- TABLE 48 Argentina Mixed Reality Market by Devices Type, 2024 - 2031, USD Million
- TABLE 49 Argentina Mixed Reality Market by Application, 2020 - 2023, USD Million
- TABLE 50 Argentina Mixed Reality Market by Application, 2024 - 2031, USD Million
- TABLE 51 UAE Mixed Reality Market, 2020 - 2023, USD Million
- TABLE 52 UAE Mixed Reality Market, 2024 - 2031, USD Million
- TABLE 53 UAE Mixed Reality Market by Component, 2020 - 2023, USD Million
- TABLE 54 UAE Mixed Reality Market by Component, 2024 - 2031, USD Million
- TABLE 55 UAE Mixed Reality Market by Devices Type, 2020 - 2023, USD Million
- TABLE 56 UAE Mixed Reality Market by Devices Type, 2024 - 2031, USD Million
- TABLE 57 UAE Mixed Reality Market by Application, 2020 - 2023, USD Million
- TABLE 58 UAE Mixed Reality Market by Application, 2024 - 2031, USD Million
- TABLE 59 Saudi Arabia Mixed Reality Market, 2020 - 2023, USD Million
- TABLE 60 Saudi Arabia Mixed Reality Market, 2024 - 2031, USD Million
- TABLE 61 Saudi Arabia Mixed Reality Market by Component, 2020 - 2023, USD Million
- TABLE 62 Saudi Arabia Mixed Reality Market by Component, 2024 - 2031, USD Million
- TABLE 63 Saudi Arabia Mixed Reality Market by Devices Type, 2020 - 2023, USD Million
- TABLE 64 Saudi Arabia Mixed Reality Market by Devices Type, 2024 - 2031, USD Million
- TABLE 65 Saudi Arabia Mixed Reality Market by Application, 2020 - 2023, USD Million
- TABLE 66 Saudi Arabia Mixed Reality Market by Application, 2024 - 2031, USD Million
- TABLE 67 South Africa Mixed Reality Market, 2020 - 2023, USD Million
- TABLE 68 South Africa Mixed Reality Market, 2024 - 2031, USD Million
- TABLE 69 South Africa Mixed Reality Market by Component, 2020 - 2023, USD Million
- TABLE 70 South Africa Mixed Reality Market by Component, 2024 - 2031, USD Million
- TABLE 71 South Africa Mixed Reality Market by Devices Type, 2020 - 2023, USD Million
- TABLE 72 South Africa Mixed Reality Market by Devices Type, 2024 - 2031, USD Million
- TABLE 73 South Africa Mixed Reality Market by Application, 2020 - 2023, USD Million
- TABLE 74 South Africa Mixed Reality Market by Application, 2024 - 2031, USD Million
- TABLE 75 Nigeria Mixed Reality Market, 2020 - 2023, USD Million
- TABLE 76 Nigeria Mixed Reality Market, 2024 - 2031, USD Million
- TABLE 77 Nigeria Mixed Reality Market by Component, 2020 - 2023, USD Million
- TABLE 78 Nigeria Mixed Reality Market by Component, 2024 - 2031, USD Million
- TABLE 79 Nigeria Mixed Reality Market by Devices Type, 2020 - 2023, USD Million
- TABLE 80 Nigeria Mixed Reality Market by Devices Type, 2024 - 2031, USD Million
- TABLE 81 Nigeria Mixed Reality Market by Application, 2020 - 2023, USD Million
- TABLE 82 Nigeria Mixed Reality Market by Application, 2024 - 2031, USD Million
- TABLE 83 Rest of LAMEA Mixed Reality Market, 2020 - 2023, USD Million
- TABLE 84 Rest of LAMEA Mixed Reality Market, 2024 - 2031, USD Million
- TABLE 85 Rest of LAMEA Mixed Reality Market by Component, 2020 - 2023, USD Million
- TABLE 86 Rest of LAMEA Mixed Reality Market by Component, 2024 - 2031, USD Million
- TABLE 87 Rest of LAMEA Mixed Reality Market by Devices Type, 2020 - 2023, USD Million
- TABLE 88 Rest of LAMEA Mixed Reality Market by Devices Type, 2024 - 2031, USD Million
- TABLE 89 Rest of LAMEA Mixed Reality Market by Application, 2020 - 2023, USD Million
- TABLE 90 Rest of LAMEA Mixed Reality Market by Application, 2024 - 2031, USD Million
- TABLE 91 Key Information - Microsoft Corporation
- TABLE 92 Key Information - Google LLC
- TABLE 93 Key Information - Canon, Inc.
- TABLE 94 Key Information - Samsung Electronics Co., Ltd.
- TABLE 95 Key Information - Meta Platforms, Inc.
- TABLE 96 Key Information - HTC Corporation
- TABLE 97 Key Information - Dell Technologies, Inc.
- TABLE 98 key Information - PTC, Inc.
- TABLE 99 Key Information - Hewlett Packard Enterprise Company
- TABLE 100 Key Information -Niantic, Inc.
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