Global Augmented Reality Technology Market Growth (Status and Outlook) 2025-2031

Global Augmented Reality Technology Market Growth (Status and Outlook) 2025-2031

The global Augmented Reality Technology market size is predicted to grow from US$ 2394 million in 2025 to US$ 10850 million in 2031; it is expected to grow at a CAGR of 28.6% from 2025 to 2031.

Augmented Reality Technology is a new technology that calculates the position and angle of camera images in real time and adds corresponding images. It is a new technology that integrates real world information and virtual world information seamlessly. The goal of this technology is to put the virtual world in the real world and interact on the screen. This technique was first proposed in 1990. With the improvement of the computing power of portable electronic products, the use of augmented reality is becoming more and more widespread

North America is the largest Augmented Reality Technology market with about 43% market share. Asia-Pacific is follower, accounting for about 30% market share.The key manufacturers are Microsoft, Magic Leap, Epson, Google, Toshiba, Vuzix, DAQRI, Everysight, ThirdEye Gen, Realmax, HiScene, Vuforia (PTC), Wikitude, ViewAR etc. Top 3 companies occupied about 44% market share.

LPI (LP Information)' newest research report, the “Augmented Reality Technology Industry Forecast” looks at past sales and reviews total world Augmented Reality Technology sales in 2024, providing a comprehensive analysis by region and market sector of projected Augmented Reality Technology sales for 2025 through 2031. With Augmented Reality Technology sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Augmented Reality Technology industry.

This Insight Report provides a comprehensive analysis of the global Augmented Reality Technology landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Augmented Reality Technology portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Augmented Reality Technology market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Augmented Reality Technology and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Augmented Reality Technology.

This report presents a comprehensive overview, market shares, and growth opportunities of Augmented Reality Technology market by product type, application, key players and key regions and countries.

Segmentation by Type:
Hardware
Software

Segmentation by Application:
Enterprises Use
Individual Consumer Use

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Microsoft
Magic Leap
Epson
Google
Toshiba
Vuzix
Everysight
ThirdEye Gen
Realmax
HiScene
Vuforia (PTC)
Wikitude
ViewAR
Optinvent
Lenovo
MAD Gaze