According to our (Global Info Research) latest study, the global Industrial AR Platforms market size was valued at USD 167.7 million in 2023 and is forecast to a readjusted size of USD 288.2 million by 2030 with a CAGR of 8.0% during review period.
Industrial AR platforms are software applications that enable the use of augmented reality (AR) in industrial settings, such as manufacturing, maintenance, training, or inspection. AR is a technology that overlays digital information, such as images, text, or sound, onto the real-world environment, enhancing the user’s perception and interaction with reality. Industrial AR platforms can provide various features and functionalities to facilitate the industrial AR process, such as 3D modeling, object recognition, tracking, annotation, collaboration, and more.
The industry trend of industrial AR platforms is influenced by several factors such as the development of new technologies, the changing preferences of customers and employees, the impact of the COVID-19 pandemic on the industrial sector, and the new guidelines introduced by Apple for app creation. Some of the trends to watch in 2023 are:
The rise of hybrid events - Hybrid events are events that combine both virtual and in-person elements to reach a wider audience and offer more flexibility and convenience. Industrial AR platform manufacturers can use hybrid events to showcase their products and services to potential customers and partners, as well as to educate and engage their existing customers and employees. For example, industrial AR platform manufacturers can use hybrid events to conduct live demonstrations of their products or services to remote attendees, allow real-time interaction between virtual and physical participants through chat or video calls, provide access to on-demand content after the event, etc.
The adoption of artificial intelligence (AI) - AI is a technology that can enhance the performance and functionality of industrial AR platforms by providing personalized recommendations, insights, and assistance to customers and employees. For example, industrial AR platforms can use AI to analyze customer behavior and preferences to suggest relevant products or services, provide smart matchmaking and networking opportunities based on customer profiles, offer chatbots or voice assistants to answer queries or provide guidance, etc.
The importance of data security and privacy - Data security and privacy are becoming more important for industrial AR platform users as they share personal and professional information through the app. Industrial AR platform providers need to ensure that they comply with the data protection regulations and standards in different regions and markets, such as the General Data Protection Regulation (GDPR) in Europe or the California Consumer Privacy Act (CCPA) in the US. They also need to implement measures to prevent data breaches or cyberattacks that could compromise the integrity and confidentiality of the app data.
The innovation of app design and user experience - App design and user experience are key factors that influence the adoption and satisfaction of industrial AR platform users. Industrial AR platform providers need to constantly innovate their app design and user experience to meet the changing expectations and needs of their users. Some of the aspects that they need to consider are:
The compatibility of the app with different devices and operating systems
The accessibility of the app for users with different abilities or preferences
The customization of the app for different types of industrial AR applications or users
The simplicity and intuitiveness of the app navigation and interface
The gamification and interactivity of the app features
The feedback mechanism and support system for the app users
The Global Info Research report includes an overview of the development of the Industrial AR Platforms industry chain, the market status of Large Enterprises (Cloud Based, Web Based), SMEs (Cloud Based, Web Based), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Industrial AR Platforms.
Regionally, the report analyzes the Industrial AR Platforms markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Industrial AR Platforms market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Industrial AR Platforms market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Industrial AR Platforms industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the revenue generated, and market share of different by Type (e.g., Cloud Based, Web Based).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Industrial AR Platforms market.
Regional Analysis: The report involves examining the Industrial AR Platforms market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Industrial AR Platforms market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Industrial AR Platforms:
Company Analysis: Report covers individual Industrial AR Platforms players, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Industrial AR Platforms This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Large Enterprises, SMEs).
Technology Analysis: Report covers specific technologies relevant to Industrial AR Platforms. It assesses the current state, advancements, and potential future developments in Industrial AR Platforms areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Industrial AR Platforms market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Industrial AR Platforms market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.
Market segment by Type
Cloud Based
Web Based
Market segment by Application
Large Enterprises
SMEs
Market segment by players, this report covers
Vuforia
PTC ThingWorx
Apprentice
Atheer
AugmentedPro
Augmentir
DAQRI
Inscape AR
PaleBlue
Proceedix
Skylight
Market segment by regions, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)
South America (Brazil, Argentina and Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe Industrial AR Platforms product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Industrial AR Platforms, with revenue, gross margin and global market share of Industrial AR Platforms from 2019 to 2024.
Chapter 3, the Industrial AR Platforms competitive situation, revenue and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and application, with consumption value and growth rate by Type, application, from 2019 to 2030.
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2019 to 2024.and Industrial AR Platforms market forecast, by regions, type and application, with consumption value, from 2025 to 2030.
Chapter 11, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 12, the key raw materials and key suppliers, and industry chain of Industrial AR Platforms.
Chapter 13, to describe Industrial AR Platforms research findings and conclusion.
Summary:
Get latest Market Research Reports on Industrial AR Platforms. Industry analysis & Market Report on Industrial AR Platforms is a syndicated market report, published as Global Industrial AR Platforms Market 2024 by Company, Regions, Type and Application, Forecast to 2030. It is complete Research Study and Industry Analysis of Industrial AR Platforms market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.