North American Market Forecast
Immersive analytics market in North America region is attributed to hold largest revenue share of about 33% during the forecast period. Silicon Valley, Seattle, and Boston are just a few of the well-known centers of technical innovation found in North America, especially the United States. A varied array of tech companies, startups, research organizations, and venture capitalists are fostered by these dynamic ecosystems and are committed to promoting immersive technologies such as virtual reality (VR), augmented reality (AR), and mixed reality (MR). By 2028, the user population is anticipated to grow to 299.0 million users. By 2028, it is anticipated that the 83.5% user penetration rate will have increased to 85.7%. Moreover, continuous innovation in immersive analytics is driven by significant investments in research & development made by top regional universities, research centers, and tech behemoths. The Immersive Analytics Market is growing as a result of these initiatives' ground-breaking developments in data visualization, AI-powered analytics, and human-computer interaction.
APAC Market Statistics
Immersive analytics market in Asia Pacific region is anticipated to hold second largest revenue share of about 27% during the forecast period. The area is vital to the growth of the market because of its substantial investments, innovation hubs, and expanding industrial and consumer acceptance of immersive technologies. Owing to these factors, the majority of the global market shares for immersive analytics are anticipated to be held by the Asia Pacific region. Furthermore, the growth of VR and AR technologies in the region is directly associated with the development of immersive analytics, and both are contributing to the global breakthroughs in immersive data analysis and visualization.
Author Credits: Abhishek Verma
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