United States Augmented & Virtual Reality Market to Grow at 30% CAGR Till 2018 Says TechSci Research

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HMDs can be classified into two categories that include AR for defense and transportation applications and VR (Virtual Reality) for consumer electronics (gaming, television viewing etc.).Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities available in augmented and virtual reality market in United States.In the defense sector, the technology finds applications in police as well as military use, wherein, HUDs and HMDs are employed for targeting, navigation, training, simulation, etc.According to the recently published report by TechSci Research “United States Augmented & Virtual Reality Market Forecast & Opportunities, 2018,” United States Augmented & Virtual reality market is expected to witness a CAGR of around 30% during 2013-18.Colorado, Florida, Pennsylvania and Illinois are exhibiting comparatively slower growth.HMDs can be classified into two categories that include AR for defense and transportation applications and VR (Virtual Reality) for consumer electronics (gaming, television viewing etc.).Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities available in augmented and virtual reality market in United States.

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