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Growth Of Immersive Media- A Reality Check

May 24, 2019 2447 0 Emerging Tech

Growth Of Immersive Media- A Reality Check

Global Market Global IM market is estimated at USD 18.4 Bn in 2018 projected to grow at 76% CAGR to reach USD 179 Bn by 2022 While currently, USA is the leading market accounting for ~1/3rd global market share, by 2022, China, Japan, Germany and UK are projected to emerge as key markets with significant spending in IM India Market IM Market in India is estimated at USD 0.55 Bn. in 2018, expected to grow to USD ~6.5 Bn by 2022 of which Augmented Reality (AR) is estimated to grow to USD 5.9 Bn, while Virtual Reality (VR) is estimated to grow to USD 0.5 Bn Real Estate, Media & Entertainment, Automotive and Retail are expected to be the verticals with maximum adoption in India

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The report provides an assessment of the current market for Immersive Media both globally and in India. It covers a brief Introduction & Evolution of Immersive Media, Ecosystem Players, Market Size and Growth Estimates, Key Applications and Use Cases, Analysis of the Indian Market, Key demand drivers, Factors limiting growth, along with the key recommendations that may propel the growth of the Immersive Media market in India.

Key Findings

 

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