PUBLISHER: IMARC | PRODUCT CODE: 1370510
PUBLISHER: IMARC | PRODUCT CODE: 1370510
AR/VR Chip Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Abstract
Market Overview:
The global AR/VR chip market size reached US$ 3.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 13.0 Billion by 2028 exhibiting a growth rate (CAGR) of 21.55% during 2023-2028.
Augmented reality (AR) and virtual reality (VR) chips are electronic circuits installed in various devices. AR refers to a technology that seamlessly merges the real world with virtual objects to support realistic, intelligent, and personalized experiences. On the other hand, VR is a computer-generated simulation to facilitate interaction between an artificial three-dimensional (3D) environment. AR/VR chips are manufactured using silicon, plastic, and metal wires to create the layers of the circuit. These chips are widely used in handheld devices, head-up, head-mounted displays (HMDs), gesture tracking devices, and projector and display walls. As a result, AR/VR chips find extensive applications across the gaming, aerospace and defense, education and entertainment, and media industries.
AR/VR Chip Market Trends:
The rising product utilization in the gaming and entertainment industries across the globe is creating a positive outlook for the market. AR/VR chips are widely used in sensor-based games to control electronic signals via a semiconductor. Additionally, the increasing number of gaming features in smartphones and other devices to enhance the overall user interface experience is acting as another growth-inducing factor. Moreover, the widespread adoption of AR/VR chips in the healthcare industry to train students, nurses, and other medical professionals by providing valuable tools for training medical personnel without jeopardizing or endangering one's life is favoring the market growth. Apart from this, the increasing product demand for HMDs and goggles with 360-degree viewing capabilities to offer superior vision, high-resolution visuals, and 3D viewing is providing an impetus to the market growth. Furthermore, the rising product utilization in civil aviation or military applications to establish a virtual environment to train pilots and understand and confront difficulties through strategic mapping is positively influencing the market growth. Other factors, including extensive research and development (R&D) activities, rising expenditure capacities of consumers, and growing product demand in the education industry, are anticipated to drive the market growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global AR/VR chip market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on chip type, device type and end user.
Breakup by Chip Type:
Processor ICs
User Interface ICs
Power Management IC
Breakup by Device Type:
Head Mounted Display
Gesture Tracking Device
Projector and Display Wall
Head Up Display
Handheld Device
Breakup by End User:
Gaming
Entertainment and Media
Aerospace and Defense
Healthcare
Others
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Advanced Micro Devices Inc., Broadcom Inc., Intel Corporation, MediaTek Inc., Nvidia Corporation, Qualcomm Incorporated and Spectra7 Microsystems.
Key Questions Answered in This Report
- 1. What was the size of the global AR/VR chip market in 2022?
- 2. What is the expected growth rate of the global AR/VR chip market during 2023-2028?
- 3. What are the key factors driving the global AR/VR chip market?
- 4. What has been the impact of COVID-19 on the global AR/VR chip market?
- 5. What is the breakup of the global AR/VR chip market based on the chip type?
- 6. What is the breakup of the global AR/VR chip market based on the device type?
- 7. What is the breakup of the global AR/VR chip market based on the end user?
- 8. What are the key regions in the global AR/VR chip market?
- 9. Who are the key players/companies in the global AR/VR chip market?
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global AR/VR Chip Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Chip Type
- 6.1 Processor ICs
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 User Interface ICs
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Power Management IC
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
7 Market Breakup by Device Type
- 7.1 Head Mounted Display
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Gesture Tracking Device
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Projector and Display Wall
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
- 7.4 Head Up Display
- 7.4.1 Market Trends
- 7.4.2 Market Forecast
- 7.5 Handheld Device
- 7.5.1 Market Trends
- 7.5.2 Market Forecast
8 Market Breakup by End User
- 8.1 Gaming
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Entertainment and Media
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 8.3 Aerospace and Defense
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
- 8.4 Healthcare
- 8.4.1 Market Trends
- 8.4.2 Market Forecast
- 8.5 Others
- 8.5.1 Market Trends
- 8.5.2 Market Forecast
9 Market Breakup by Region
- 9.1 North America
- 9.1.1 United States
- 9.1.1.1 Market Trends
- 9.1.1.2 Market Forecast
- 9.1.2 Canada
- 9.1.2.1 Market Trends
- 9.1.2.2 Market Forecast
- 9.1.1 United States
- 9.2 Asia-Pacific
- 9.2.1 China
- 9.2.1.1 Market Trends
- 9.2.1.2 Market Forecast
- 9.2.2 Japan
- 9.2.2.1 Market Trends
- 9.2.2.2 Market Forecast
- 9.2.3 India
- 9.2.3.1 Market Trends
- 9.2.3.2 Market Forecast
- 9.2.4 South Korea
- 9.2.4.1 Market Trends
- 9.2.4.2 Market Forecast
- 9.2.5 Australia
- 9.2.5.1 Market Trends
- 9.2.5.2 Market Forecast
- 9.2.6 Indonesia
- 9.2.6.1 Market Trends
- 9.2.6.2 Market Forecast
- 9.2.7 Others
- 9.2.7.1 Market Trends
- 9.2.7.2 Market Forecast
- 9.2.1 China
- 9.3 Europe
- 9.3.1 Germany
- 9.3.1.1 Market Trends
- 9.3.1.2 Market Forecast
- 9.3.2 France
- 9.3.2.1 Market Trends
- 9.3.2.2 Market Forecast
- 9.3.3 United Kingdom
- 9.3.3.1 Market Trends
- 9.3.3.2 Market Forecast
- 9.3.4 Italy
- 9.3.4.1 Market Trends
- 9.3.4.2 Market Forecast
- 9.3.5 Spain
- 9.3.5.1 Market Trends
- 9.3.5.2 Market Forecast
- 9.3.6 Russia
- 9.3.6.1 Market Trends
- 9.3.6.2 Market Forecast
- 9.3.7 Others
- 9.3.7.1 Market Trends
- 9.3.7.2 Market Forecast
- 9.3.1 Germany
- 9.4 Latin America
- 9.4.1 Brazil
- 9.4.1.1 Market Trends
- 9.4.1.2 Market Forecast
- 9.4.2 Mexico
- 9.4.2.1 Market Trends
- 9.4.2.2 Market Forecast
- 9.4.3 Others
- 9.4.3.1 Market Trends
- 9.4.3.2 Market Forecast
- 9.4.1 Brazil
- 9.5 Middle East and Africa
- 9.5.1 Market Trends
- 9.5.2 Market Breakup by Country
- 9.5.3 Market Forecast
10 SWOT Analysis
- 10.1 Overview
- 10.2 Strengths
- 10.3 Weaknesses
- 10.4 Opportunities
- 10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
- 12.1 Overview
- 12.2 Bargaining Power of Buyers
- 12.3 Bargaining Power of Suppliers
- 12.4 Degree of Competition
- 12.5 Threat of New Entrants
- 12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
- 14.1 Market Structure
- 14.2 Key Players
- 14.3 Profiles of Key Players
- 14.3.1 Advanced Micro Devices Inc.
- 14.3.1.1 Company Overview
- 14.3.1.2 Product Portfolio
- 14.3.1.3 Financials
- 14.3.1.4 SWOT Analysis
- 14.3.2 Broadcom Inc.
- 14.3.2.1 Company Overview
- 14.3.2.2 Product Portfolio
- 14.3.2.3 Financials
- 14.3.2.4 SWOT Analysis
- 14.3.3 Intel Corporation
- 14.3.3.1 Company Overview
- 14.3.3.2 Product Portfolio
- 14.3.3.3 Financials
- 14.3.3.4 SWOT Analysis
- 14.3.4 MediaTek Inc.
- 14.3.4.1 Company Overview
- 14.3.4.2 Product Portfolio
- 14.3.4.3 Financials
- 14.3.4.4 SWOT Analysis
- 14.3.5 Nvidia Corporation
- 14.3.5.1 Company Overview
- 14.3.5.2 Product Portfolio
- 14.3.5.3 Financials
- 14.3.5.4 SWOT Analysis
- 14.3.6 Qualcomm Incorporated
- 14.3.6.1 Company Overview
- 14.3.6.2 Product Portfolio
- 14.3.6.3 Financials
- 14.3.6.4 SWOT Analysis
- 14.3.7 Spectra7 Microsystems
- 14.3.7.1 Company Overview
- 14.3.7.2 Product Portfolio
- 14.3.1 Advanced Micro Devices Inc.
List of Figures
- Figure 1: Global: AR/VR Chip Market: Major Drivers and Challenges
- Figure 2: Global: AR/VR Chip Market: Sales Value (in Billion US$), 2017-2022
- Figure 3: Global: AR/VR Chip Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 4: Global: AR/VR Chip Market: Breakup by Chip Type (in %), 2022
- Figure 5: Global: AR/VR Chip Market: Breakup by Device Type (in %), 2022
- Figure 6: Global: AR/VR Chip Market: Breakup by End User (in %), 2022
- Figure 7: Global: AR/VR Chip Market: Breakup by Region (in %), 2022
- Figure 8: Global: AR/VR Chip (Processor ICs) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 9: Global: AR/VR Chip (Processor ICs) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 10: Global: AR/VR Chip (User Interface ICs) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 11: Global: AR/VR Chip (User Interface ICs) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 12: Global: AR/VR Chip (Power Management IC) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 13: Global: AR/VR Chip (Power Management IC) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 14: Global: AR/VR Chip (Head Mounted Display) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 15: Global: AR/VR Chip (Head Mounted Display) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 16: Global: AR/VR Chip (Gesture Tracking Device) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 17: Global: AR/VR Chip (Gesture Tracking Device) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 18: Global: AR/VR Chip (Projector and Display Wall) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 19: Global: AR/VR Chip (Projector and Display Wall) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 20: Global: AR/VR Chip (Head Up Display) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 21: Global: AR/VR Chip (Head Up Display) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 22: Global: AR/VR Chip (Handheld Device) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 23: Global: AR/VR Chip (Handheld Device) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 24: Global: AR/VR Chip (Gaming) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 25: Global: AR/VR Chip (Gaming) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 26: Global: AR/VR Chip (Entertainment and Media) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 27: Global: AR/VR Chip (Entertainment and Media) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 28: Global: AR/VR Chip (Aerospace and Defense) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 29: Global: AR/VR Chip (Aerospace and Defense) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 30: Global: AR/VR Chip (Healthcare) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 31: Global: AR/VR Chip (Healthcare) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 32: Global: AR/VR Chip (Other End Users) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 33: Global: AR/VR Chip (Other End Users) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 34: North America: AR/VR Chip Market: Sales Value (in Million US$), 2017 & 2022
- Figure 35: North America: AR/VR Chip Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 36: United States: AR/VR Chip Market: Sales Value (in Million US$), 2017 & 2022
- Figure 37: United States: AR/VR Chip Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 38: Canada: AR/VR Chip Market: Sales Value (in Million US$), 2017 & 2022
- Figure 39: Canada: AR/VR Chip Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 40: Asia-Pacific: AR/VR Chip Market: Sales Value (in Million US$), 2017 & 2022
- Figure 41: Asia-Pacific: AR/VR Chip Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 42: China: AR/VR Chip Market: Sales Value (in Million US$), 2017 & 2022
- Figure 43: China: AR/VR Chip Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 44: Japan: AR/VR Chip Market: Sales Value (in Million US$), 2017 & 2022
- Figure 45: Japan: AR/VR Chip Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 46: India: AR/VR Chip Market: Sales Value (in Million US$), 2017 & 2022
- Figure 47: India: AR/VR Chip Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 48: South Korea: AR/VR Chip Market: Sales Value (in Million US$), 2017 & 2022
- Figure 49: South Korea: AR/VR Chip Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 50: Australia: AR/VR Chip Market: Sales Value (in Million US$), 2017 & 2022
- Figure 51: Australia: AR/VR Chip Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 52: Indonesia: AR/VR Chip Market: Sales Value (in Million US$), 2017 & 2022
- Figure 53: Indonesia: AR/VR Chip Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 54: Others: AR/VR Chip Market: Sales Value (in Million US$), 2017 & 2022
- Figure 55: Others: AR/VR Chip Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 56: Europe: AR/VR Chip Market: Sales Value (in Million US$), 2017 & 2022
- Figure 57: Europe: AR/VR Chip Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 58: Germany: AR/VR Chip Market: Sales Value (in Million US$), 2017 & 2022
- Figure 59: Germany: AR/VR Chip Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 60: France: AR/VR Chip Market: Sales Value (in Million US$), 2017 & 2022
- Figure 61: France: AR/VR Chip Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 62: United Kingdom: AR/VR Chip Market: Sales Value (in Million US$), 2017 & 2022
- Figure 63: United Kingdom: AR/VR Chip Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 64: Italy: AR/VR Chip Market: Sales Value (in Million US$), 2017 & 2022
- Figure 65: Italy: AR/VR Chip Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 66: Spain: AR/VR Chip Market: Sales Value (in Million US$), 2017 & 2022
- Figure 67: Spain: AR/VR Chip Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 68: Russia: AR/VR Chip Market: Sales Value (in Million US$), 2017 & 2022
- Figure 69: Russia: AR/VR Chip Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 70: Others: AR/VR Chip Market: Sales Value (in Million US$), 2017 & 2022
- Figure 71: Others: AR/VR Chip Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 72: Latin America: AR/VR Chip Market: Sales Value (in Million US$), 2017 & 2022
- Figure 73: Latin America: AR/VR Chip Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 74: Brazil: AR/VR Chip Market: Sales Value (in Million US$), 2017 & 2022
- Figure 75: Brazil: AR/VR Chip Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 76: Mexico: AR/VR Chip Market: Sales Value (in Million US$), 2017 & 2022
- Figure 77: Mexico: AR/VR Chip Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 78: Others: AR/VR Chip Market: Sales Value (in Million US$), 2017 & 2022
- Figure 79: Others: AR/VR Chip Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 80: Middle East and Africa: AR/VR Chip Market: Sales Value (in Million US$), 2017 & 2022
- Figure 81: Middle East and Africa: AR/VR Chip Market: Breakup by Country (in %), 2022
- Figure 82: Middle East and Africa: AR/VR Chip Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 83: Global: AR/VR Chip Industry: SWOT Analysis
- Figure 84: Global: AR/VR Chip Industry: Value Chain Analysis
- Figure 85: Global: AR/VR Chip Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: AR/VR Chip Market: Key Industry Highlights, 2022 and 2028
- Table 2: Global: AR/VR Chip Market Forecast: Breakup by Chip Type (in Million US$), 2023-2028
- Table 3: Global: AR/VR Chip Market Forecast: Breakup by Device Type (in Million US$), 2023-2028
- Table 4: Global: AR/VR Chip Market Forecast: Breakup by End User (in Million US$), 2023-2028
- Table 5: Global: AR/VR Chip Market Forecast: Breakup by Region (in Million US$), 2023-2028
- Table 6: Global: AR/VR Chip Market: Competitive Structure
- Table 7: Global: AR/VR Chip Market: Key Players
