Spatial Computing Market Analysis

The market is segmented on the basis of technology type into augmented reality, mixed reality, virtual reality, internet of things, and others, out of which, the augmented reality segment is anticipated to grab the largest share by the end of 2021 on account of its increasing use in adding aspects of digital world into real-world surroundings. Moreover, augmented reality is rapidly being deployed in business applications, which is also projected to contribute to the growth of the segment during the forecast period. 

 On the basis of end-user, the healthcare segment in the global spatial computing market is projected to grow with a significant CAGR over the forecast period. The growth of the segment can be attributed to the fact that the use of spatial computing in this segment is significantly enhancing the accuracy of diagnosis and treatment, leading to faster patient recovery. The Covid-19 outbreak has also significantly enhanced the need for advanced diagnostic tools, which may also support this segment’s growth.

Our in-depth analysis of the global market includes the following segments: