MarkNtel Advisors recently published a report, titled, ” GCC Augmented and Virtual Reality Market By Technology (AR technology:, [Marker-based AR technology:, Marker-less AR technology, VR Technology, [Non-immersive Technology, Semi-immersive and Fully-Immersive Technology]), By Device Type (AR Devices, VR Devices), By Offering (Hardware, [Sensors, Semiconductor Components, Display and Projectors, Position Trackers, Cameras, Others],  As per as the report The GCC Augmented and Virtual Reality market is projected to grow at a CAGR of around 39% during the forecast period, i.e., 2023-28.

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Market Dynamics

Key Driver: Wide Adoption of AR & VR in Gaming –In GCC, the adoption of augmented & virtual reality is rising significantly across the gaming industry as game creators are utilizing this technology to create immersive gaming experiences. In addition, the popularity of games like Fortnite & Pokemon Go across countries like the UAE, Qatar, etc., has increased public awareness of the potential applications & advantages of the technology in other fields, including tourism, healthcare, and education.

Furthermore, due to the popularity of these technology-based games, there is now a desire for similar experiences across other industries as well. Hence, to achieve sharper visuals, quicker processing, and more lifelike experiences, this technology experienced a significant demand in the gaming industry across the GCC region.

Leading Companies in GCC Augmented and Virtual Reality Market:

Sony Corporation, Lenovo, Autodesk Inc., HTC Corporation, Google, Barco, HP Development Company L.P., Microsoft, LG Electronics, Meta, Others.

GCC Augmented and Virtual Reality Market Segmentation:

By Technology

-AR technology:

-Marker-based AR technology:

-Active Marker

-Passive Marker

-Marker-less AR technology

-Model-base Tracking

-Image processing-based Tracking

-Anchor-based AR

-VR Technology

-Non-immersive Technology

-Semi-immersive and Fully-Immersive Technology

By Device Type

-AR Devices

-Head Mounted Displays

-AR Smart Glasses

-Smart Helmets

-Head-Up Displays

VR Devices

-Head Mounted Displays

-Gesture Control Device

-Projector and Display Wall

By Offering

-Hardware

-Sensors

-Semiconductor Components

-Display and Projectors

-Position Trackers

-Cameras

-Others

Software

-Software Development Kits

-Cloud-based Services

By End User

-E-Commerce & Retail

-Industrial Manufacturing

Energy

-Education

-Automotive

-Defence & Aerospace

-Healthcare

-Construction Industry

-Agriculture

-Gaming & Entertainment

-Others

Get Full Access Of GCC Augmented and Virtual Reality Market Report : https://www.marknteladvisors.com/research-library/gcc-ar-vr-market.html

By Country

-The UAE

-Saudi Arabia

-Qatar

-Kuwait

-Bahrain

-Oman.

Key questions answered in the GCC Augmented and Virtual Reality Market are:

• What is GCC Augmented and Virtual Reality Market?
• What was the market size in 2023?
• What is the growth rate of the GCC Augmented and Virtual Reality Market?
• Which are the factors expected to drive the market growth?
• What are the different segments of the GCC Augmented and Virtual Reality Market?
• What segments are covered in the Market?
• Who are the key players in the GCC Augmented and Virtual Reality Market?

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