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(Wireless-NewsWire.Com, June 18, 2019 ) The global military augmented reality market accounted to US$ 511.8 Mn in 2017 and is expected to grow at a CAGR of 17.4% during the forecast period 2018 – 2025, to account to US$ 1,797.5 by 2025.
The most prominent region in the military augmented reality market accounted for North America, pertaining to the significant investments from various companies in United States and advancements in augmented reality has led the commercial sector in the region to benefit greatly. Owing to the benefits of augmented reality, the technology has been incorporated in defense sector for training purpose as well as for battlefield operations, to offer the soldiers with an opportunity to view the actual world and simultaneously an overlay broadcast of the battlefield on the eyepiece. This factor has heavily boosted the military augmented reality market in the region in the recent years. Additionally, the presence of technological giants such as Google, Honeywell International Inc., Applied Research Associates Inc., Six15 Technologies, and Osterhout Design Group helps the military augmented reality market to escalate over the years. The United States Department of Defense works closely with these companies in order to design and manufacture products and technologies as per the requirements of the army, to strengthen the armed forces operating in a battlefield. The constant support from US DoD facilitates the market players operating in military augmented reality market to innovate, design and develop robust augmented reality devices for military forces. This factor has impacted positively on the growth of military augmented reality market.
An exclusive Military Augmented Reality (Dismounted Soldier Application) Market research report created through broad primary research (inputs from industry experts, companies, and stakeholders) and secondary research, the report aims to present the analysis of Global Military Augmented Reality (Dismounted Soldier Application) Market by Type, By Application, By Region - North America, Europe, South America, Asia-Pacific, Middle East and Africa. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. Besides, the report also identifies and analyses the emerging trends along with major drivers, challenges and opportunities in the global Military Augmented Reality (Dismounted Soldier Application) Market. Additionally, the report also highlights market entry strategies for various companies across the globe.
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Leading Military Augmented Reality (Dismounted Soldier Application) Market Players:
• BAE Systems
• Applied Research Associates, Inc.
• Google LLC
• Osterhout Design Group
• Six15 Technologies
Worldwide Military Augmented Reality (Dismounted Soldier Application) Market Analysis to 2025 is a specialized and in-depth study of the Military Augmented Reality (Dismounted Soldier Application) Market industry with a focus on the global market trend. The report aims to provide an overview of global Military Augmented Reality (Dismounted Soldier Application) Market with detailed market segmentation by product/application and geography. The global Military Augmented Reality (Dismounted Soldier Application) Market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the Air Cargo players and offers key trends and opportunities in the market.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Military Augmented Reality (Dismounted Soldier Application) Market based on product and application. It also provides market size and forecast till 2025 for overall Military Augmented Reality (Dismounted Soldier Application) Market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM), which is later sub-segmented by respective countries and segments. The report evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend and provides exhaustive PEST analysis for all five regions.
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Also, key Military Augmented Reality (Dismounted Soldier Application) Market players influencing the market are profiled in the study along with their SWOT analysis and market strategies. The report also focuses on leading industry players with information such as company profiles, products and services offered, financial information of last 3 years, key development in past five years.
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