PUBLISHER: KBV Research | PRODUCT CODE: 1384625
PUBLISHER: KBV Research | PRODUCT CODE: 1384625
Asia Pacific AR VR Software Market Size, Share & Industry Trends Analysis Report By Vertical, By Technology Type (AR Software, and VR Software), By Software Type, By Country and Growth Forecast, 2023 - 2030
The Asia Pacific AR VR Software Market would witness market growth of 18.5% CAGR during the forecast period (2023-2030).
The advent of standalone VR headsets has made VR more accessible to a broader audience. These devices do not require tethering to a computer, making them user-friendly and versatile. The introduction of augmented reality glasses, such as the Microsoft HoloLens and the Google Glass Enterprise Edition, demonstrates the industry's progress in creating lightweight, consumer-friendly AR devices.
Furthermore, the push for 5G connectivity is expected to revolutionize the AR and VR landscape. The ultra-low latency and high bandwidth of 5G networks will enable real-time data transmission, significantly enhancing the performance and capabilities of AR and VR applications. This technology will unlock new possibilities for remote collaboration, augmented reality in smart cities, and more immersive entertainment experiences.
One of the most significant factors propelling the growth of the market is the continuous refinement of hardware. The market has witnessed the emergence of more sophisticated and accessible AR and VR devices, from high-end headsets to affordable smartphone-based solutions. Companies like Oculus, HTC, and Microsoft have introduced a new generation of headsets that offer higher resolutions, wider fields of view, and improved tracking capabilities.
A burgeoning video game industry is located in Australia. According to the government, in 2021, this industry generated $226.5 million in sales, a 22% increase over 2020, and 83% of the money came from foreign markets. The implementation of large federal as well as state-based tax incentives will cause these numbers to increase even more. Studios can deduct 30% of permissible expenses under the Digital Games Tax Offset (DGTO), which takes effect in 2022.
The video game industry grew rapidly in other parts of this region as well. By 2023, it is anticipated that the Southeast Asian region will have triple growth from its size in 2017. Mobile games now account for two-thirds of the industry in Singapore as casual players look for new activities to do at home. The regional gaming industry is about to experience a wave of upheaval as game producers and developers launch subscription services that let players access a selection of games for a set monthly charge. Hence, the expanding gaming industry will increase the growth of the market throughout the forecast period.
The China market dominated the Asia Pacific AR VR Software Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $9,342.3 Million by 2030. The Japan market is exhibiting a CAGR of 17.7% during (2023 - 2030). Additionally, The India market would experience a CAGR of 19.2% during (2023 - 2030).
Based on Vertical, the market is segmented into Media & Entertainment, Training & Education, Travel & Hospitality, Manufacturing, Healthcare, Aerospace & Defense, Real Estate, Automotive, Retail & E-commerce, and Others. Based on Technology Type, the market is segmented into AR Software, and VR Software. Based on Software Type, the market is segmented into Software Development Kit, Game Engine, Modeling & Visualization Software, Content Management System, Training & Simulation Software, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Microsoft Corporation, Google LLC, Magic Leap, Inc., Adobe, Inc., Autodesk, Inc., NVIDIA Corporation, Advanced Micro Devices, Inc., Qualcomm, Inc., Zoho Corporation Pvt. Ltd., and Hexagon AB.
Scope of the Study
Market Segments covered in the Report:
By Vertical
- Media & Entertainment
- Training & Education
- Travel & Hospitality
- Manufacturing
- Healthcare
- Aerospace & Defense
- Real Estate
- Automotive
- Retail & E-commerce
- Others
By Technology Type
- AR Software
- VR Software
By Software Type
- Software Development Kit
- Game Engine
- Modeling & Visualization Software
- Content Management System
- Training & Simulation Software
- Others
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Companies Profiled
- Microsoft Corporation
- Google LLC
- Magic Leap, Inc.
- Adobe, Inc.
- Autodesk, Inc.
- NVIDIA Corporation
- Advanced Micro Devices, Inc.
- Qualcomm, Inc.
- Zoho Corporation Pvt. Ltd.
- Hexagon AB
Unique Offerings from KBV Research
- Exhaustive coverage
- Highest number of market tables and figures
- Subscription based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 Asia Pacific AR VR Software Market, by Vertical
- 1.4.2 Asia Pacific AR VR Software Market, by Technology Type
- 1.4.3 Asia Pacific AR VR Software Market, by Software Type
- 1.4.4 Asia Pacific AR VR Software Market, by Country
- 1.5 Methodology for the research
Chapter 2. Market at a Glance
- 2.1 Key Highlights
Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.1.1 Overview
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
Chapter 4. Competition Analysis - Global
- 4.1 KBV Cardinal Matrix
- 4.2 Recent Industry Wide Strategic Developments
- 4.2.1 Partnerships, Collaborations and Agreements
- 4.2.2 Product Launches and Product Expansions
- 4.2.3 Acquisition and Mergers
- 4.2.4 Geographical Expansions
- 4.3 Market Share Analysis, 2022
- 4.4 Top Winning Strategies
- 4.4.1 Key Leading Strategies: Percentage Distribution (2019-2023)
- 4.4.2 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2019, Oct - 2023, Aug) Leading Players
- 4.5 Porter's Five Forces Analysis
Chapter 5. Asia Pacific AR VR Software Market by Vertical
- 5.1 Asia Pacific Media & Entertainment Market by Country
- 5.2 Asia Pacific Training & Education Market by Country
- 5.3 Asia Pacific Travel & Hospitality Market by Country
- 5.4 Asia Pacific Manufacturing Market by Country
- 5.5 Asia Pacific Healthcare Market by Country
- 5.6 Asia Pacific Aerospace & Defense Market by Country
- 5.7 Asia Pacific Real Estate Market by Country
- 5.8 Asia Pacific Automotive Market by Country
- 5.9 Asia Pacific Retail & E-commerce Market by Country
- 5.10. Asia Pacific Others Market by Country
Chapter 6. Asia Pacific AR VR Software Market by Technology Type
- 6.1 Asia Pacific AR Software Market by Country
- 6.2 Asia Pacific VR Software Market by Country
Chapter 7. Asia Pacific AR VR Software Market by Software Type
- 7.1 Asia Pacific Software Development Kit Market by Country
- 7.2 Asia Pacific Game Engine Market by Country
- 7.3 Asia Pacific Modeling & Visualization Software Market by Country
- 7.4 Asia Pacific Content Management System Market by Country
- 7.5 Asia Pacific Training & Simulation Software Market by Country
- 7.6 Asia Pacific Others Market by Country
Chapter 8. Asia Pacific AR VR Software Market by Country
- 8.1 China AR VR Software Market
- 8.1.1 China AR VR Software Market by Vertical
- 8.1.2 China AR VR Software Market by Technology Type
- 8.1.3 China AR VR Software Market by Software Type
- 8.2 Japan AR VR Software Market
- 8.2.1 Japan AR VR Software Market by Vertical
- 8.2.2 Japan AR VR Software Market by Technology Type
- 8.2.3 Japan AR VR Software Market by Software Type
- 8.3 India AR VR Software Market
- 8.3.1 India AR VR Software Market by Vertical
- 8.3.2 India AR VR Software Market by Technology Type
- 8.3.3 India AR VR Software Market by Software Type
- 8.4 South Korea AR VR Software Market
- 8.4.1 South Korea AR VR Software Market by Vertical
- 8.4.2 South Korea AR VR Software Market by Technology Type
- 8.4.3 South Korea AR VR Software Market by Software Type
- 8.5 Singapore AR VR Software Market
- 8.5.1 Singapore AR VR Software Market by Vertical
- 8.5.2 Singapore AR VR Software Market by Technology Type
- 8.5.3 Singapore AR VR Software Market by Software Type
- 8.6 Malaysia AR VR Software Market
- 8.6.1 Malaysia AR VR Software Market by Vertical
- 8.6.2 Malaysia AR VR Software Market by Technology Type
- 8.6.3 Malaysia AR VR Software Market by Software Type
- 8.7 Rest of Asia Pacific AR VR Software Market
- 8.7.1 Rest of Asia Pacific AR VR Software Market by Vertical
- 8.7.2 Rest of Asia Pacific AR VR Software Market by Technology Type
- 8.7.3 Rest of Asia Pacific AR VR Software Market by Software Type
Chapter 9. Company Profiles
- 9.1 Microsoft Corporation
- 9.1.1 Company Overview
- 9.1.2 Financial Analysis
- 9.1.3 Segmental and Regional Analysis
- 9.1.4 Research & Development Expenses
- 9.1.5 Recent strategies and developments:
- 9.1.5.1 Partnerships, Collaborations, and Agreements:
- 9.1.5.2 Acquisition and Mergers:
- 9.1.6 SWOT Analysis
- 9.2 Google LLC (Alphabet Inc.)
- 9.2.1 Company Overview
- 9.2.2 Financial Analysis
- 9.2.3 Segmental and Regional Analysis
- 9.2.4 Research & Development Expense
- 9.2.5 Recent strategies and developments:
- 9.2.5.1 Acquisition and Mergers:
- 9.2.6 SWOT Analysis
- 9.3 Magic Leap, Inc.
- 9.3.1 Company Overview
- 9.3.2 Recent strategies and developments:
- 9.3.2.1 Partnerships, Collaborations, and Agreements:
- 9.3.3 SWOT Analysis
- 9.4 Adobe, Inc.
- 9.4.1 Company Overview
- 9.4.2 Financial Analysis
- 9.4.3 Segmental and Regional Analysis
- 9.4.4 Research & Development Expense
- 9.4.5 Recent strategies and developments:
- 9.4.5.1 Product Launches and Product Expansions:
- 9.4.5.2 Acquisition and Mergers:
- 9.4.6 SWOT Analysis
- 9.5 Autodesk, Inc.
- 9.5.1 Company Overview
- 9.5.2 Financial Analysis
- 9.5.3 Regional Analysis
- 9.5.4 Research & Development Expenses
- 9.5.5 SWOT Analysis
- 9.6 NVIDIA Corporation
- 9.6.1 Company Overview
- 9.6.2 Financial Analysis
- 9.6.3 Segmental and Regional Analysis
- 9.6.4 Research & Development Expenses
- 9.6.5 Recent strategies and developments:
- 9.6.5.1 Partnerships, Collaborations, and Agreements:
- 9.6.6 SWOT Analysis
- 9.7 Advanced Micro Devices, Inc.
- 9.7.1 Company Overview
- 9.7.2 Financial Analysis
- 9.7.3 Segmental and Regional Analysis
- 9.7.4 Research & Development Expenses
- 9.7.5 Recent strategies and developments:
- 9.7.5.1 Partnerships, Collaborations, and Agreements:
- 9.7.6 SWOT Analysis
- 9.8 Qualcomm, Inc.
- 9.8.1 Company Overview
- 9.8.2 Financial Analysis
- 9.8.3 Segmental and Regional Analysis
- 9.8.4 Research & Development Expense
- 9.8.5 Recent strategies and developments:
- 9.8.5.1 Product Launches and Product Expansions:
- 9.8.5.2 Geographical Expansions:
- 9.8.6 SWOT Analysis
- 9.9 Zoho Corporation Pvt. Ltd.
- 9.9.1 Company Overview
- 9.9.2 SWOT Analysis
- 9.10. Hexagon AB
- 9.10.1 Company Overview
- 9.10.2 Financial Analysis
- 9.10.3 Regional & Segmental Analysis
- 9.10.4 Research & Development Expenses
- 9.10.5 Recent strategies and developments:
- 9.10.5.1 Partnerships, Collaborations, and Agreements:
- 9.10.6 SWOT Analysis
LIST OF TABLES
- TABLE 1 Asia Pacific AR VR Software Market, 2019 - 2022, USD Million
- TABLE 2 Asia Pacific AR VR Software Market, 2023 - 2030, USD Million
- TABLE 3 Partnerships, Collaborations and Agreements- AR VR Software Market
- TABLE 4 Product Launches And Product Expansions- AR VR Software Market
- TABLE 5 Acquisition and Mergers- AR VR Software Market
- TABLE 6 Geographical Expansions - AR VR Software Market
- TABLE 7 Asia Pacific AR VR Software Market by Vertical, 2019 - 2022, USD Million
- TABLE 8 Asia Pacific AR VR Software Market by Vertical, 2023 - 2030, USD Million
- TABLE 9 Asia Pacific Media & Entertainment Market by Country, 2019 - 2022, USD Million
- TABLE 10 Asia Pacific Media & Entertainment Market by Country, 2023 - 2030, USD Million
- TABLE 11 Asia Pacific Training & Education Market by Country, 2019 - 2022, USD Million
- TABLE 12 Asia Pacific Training & Education Market by Country, 2023 - 2030, USD Million
- TABLE 13 Asia Pacific Travel & Hospitality Market by Country, 2019 - 2022, USD Million
- TABLE 14 Asia Pacific Travel & Hospitality Market by Country, 2023 - 2030, USD Million
- TABLE 15 Asia Pacific Manufacturing Market by Country, 2019 - 2022, USD Million
- TABLE 16 Asia Pacific Manufacturing Market by Country, 2023 - 2030, USD Million
- TABLE 17 Asia Pacific Healthcare Market by Country, 2019 - 2022, USD Million
- TABLE 18 Asia Pacific Healthcare Market by Country, 2023 - 2030, USD Million
- TABLE 19 Asia Pacific Aerospace & Defense Market by Country, 2019 - 2022, USD Million
- TABLE 20 Asia Pacific Aerospace & Defense Market by Country, 2023 - 2030, USD Million
- TABLE 21 Asia Pacific Real Estate Market by Country, 2019 - 2022, USD Million
- TABLE 22 Asia Pacific Real Estate Market by Country, 2023 - 2030, USD Million
- TABLE 23 Asia Pacific Automotive Market by Country, 2019 - 2022, USD Million
- TABLE 24 Asia Pacific Automotive Market by Country, 2023 - 2030, USD Million
- TABLE 25 Asia Pacific Retail & E-commerce Market by Country, 2019 - 2022, USD Million
- TABLE 26 Asia Pacific Retail & E-commerce Market by Country, 2023 - 2030, USD Million
- TABLE 27 Asia Pacific Others Market by Country, 2019 - 2022, USD Million
- TABLE 28 Asia Pacific Others Market by Country, 2023 - 2030, USD Million
- TABLE 29 Asia Pacific AR VR Software Market by Technology Type, 2019 - 2022, USD Million
- TABLE 30 Asia Pacific AR VR Software Market by Technology Type, 2023 - 2030, USD Million
- TABLE 31 Asia Pacific AR Software Market by Country, 2019 - 2022, USD Million
- TABLE 32 Asia Pacific AR Software Market by Country, 2023 - 2030, USD Million
- TABLE 33 Asia Pacific VR Software Market by Country, 2019 - 2022, USD Million
- TABLE 34 Asia Pacific VR Software Market by Country, 2023 - 2030, USD Million
- TABLE 35 Asia Pacific AR VR Software Market by Software Type, 2019 - 2022, USD Million
- TABLE 36 Asia Pacific AR VR Software Market by Software Type, 2023 - 2030, USD Million
- TABLE 37 Asia Pacific Software Development Kit Market by Country, 2019 - 2022, USD Million
- TABLE 38 Asia Pacific Software Development Kit Market by Country, 2023 - 2030, USD Million
- TABLE 39 Asia Pacific Game Engine Market by Country, 2019 - 2022, USD Million
- TABLE 40 Asia Pacific Game Engine Market by Country, 2023 - 2030, USD Million
- TABLE 41 Asia Pacific Modeling & Visualization Software Market by Country, 2019 - 2022, USD Million
- TABLE 42 Asia Pacific Modeling & Visualization Software Market by Country, 2023 - 2030, USD Million
- TABLE 43 Asia Pacific Content Management System Market by Country, 2019 - 2022, USD Million
- TABLE 44 Asia Pacific Content Management System Market by Country, 2023 - 2030, USD Million
- TABLE 45 Asia Pacific Training & Simulation Software Market by Country, 2019 - 2022, USD Million
- TABLE 46 Asia Pacific Training & Simulation Software Market by Country, 2023 - 2030, USD Million
- TABLE 47 Asia Pacific Others Market by Country, 2019 - 2022, USD Million
- TABLE 48 Asia Pacific Others Market by Country, 2023 - 2030, USD Million
- TABLE 49 Asia Pacific AR VR Software Market by Country, 2019 - 2022, USD Million
- TABLE 50 Asia Pacific AR VR Software Market by Country, 2023 - 2030, USD Million
- TABLE 51 China AR VR Software Market, 2019 - 2022, USD Million
- TABLE 52 China AR VR Software Market, 2023 - 2030, USD Million
- TABLE 53 China AR VR Software Market by Vertical, 2019 - 2022, USD Million
- TABLE 54 China AR VR Software Market by Vertical, 2023 - 2030, USD Million
- TABLE 55 China AR VR Software Market by Technology Type, 2019 - 2022, USD Million
- TABLE 56 China AR VR Software Market by Technology Type, 2023 - 2030, USD Million
- TABLE 57 China AR VR Software Market by Software Type, 2019 - 2022, USD Million
- TABLE 58 China AR VR Software Market by Software Type, 2023 - 2030, USD Million
- TABLE 59 Japan AR VR Software Market, 2019 - 2022, USD Million
- TABLE 60 Japan AR VR Software Market, 2023 - 2030, USD Million
- TABLE 61 Japan AR VR Software Market by Vertical, 2019 - 2022, USD Million
- TABLE 62 Japan AR VR Software Market by Vertical, 2023 - 2030, USD Million
- TABLE 63 Japan AR VR Software Market by Technology Type, 2019 - 2022, USD Million
- TABLE 64 Japan AR VR Software Market by Technology Type, 2023 - 2030, USD Million
- TABLE 65 Japan AR VR Software Market by Software Type, 2019 - 2022, USD Million
- TABLE 66 Japan AR VR Software Market by Software Type, 2023 - 2030, USD Million
- TABLE 67 India AR VR Software Market, 2019 - 2022, USD Million
- TABLE 68 India AR VR Software Market, 2023 - 2030, USD Million
- TABLE 69 India AR VR Software Market by Vertical, 2019 - 2022, USD Million
- TABLE 70 India AR VR Software Market by Vertical, 2023 - 2030, USD Million
- TABLE 71 India AR VR Software Market by Technology Type, 2019 - 2022, USD Million
- TABLE 72 India AR VR Software Market by Technology Type, 2023 - 2030, USD Million
- TABLE 73 India AR VR Software Market by Software Type, 2019 - 2022, USD Million
- TABLE 74 India AR VR Software Market by Software Type, 2023 - 2030, USD Million
- TABLE 75 South Korea AR VR Software Market, 2019 - 2022, USD Million
- TABLE 76 South Korea AR VR Software Market, 2023 - 2030, USD Million
- TABLE 77 South Korea AR VR Software Market by Vertical, 2019 - 2022, USD Million
- TABLE 78 South Korea AR VR Software Market by Vertical, 2023 - 2030, USD Million
- TABLE 79 South Korea AR VR Software Market by Technology Type, 2019 - 2022, USD Million
- TABLE 80 South Korea AR VR Software Market by Technology Type, 2023 - 2030, USD Million
- TABLE 81 South Korea AR VR Software Market by Software Type, 2019 - 2022, USD Million
- TABLE 82 South Korea AR VR Software Market by Software Type, 2023 - 2030, USD Million
- TABLE 83 Singapore AR VR Software Market, 2019 - 2022, USD Million
- TABLE 84 Singapore AR VR Software Market, 2023 - 2030, USD Million
- TABLE 85 Singapore AR VR Software Market by Vertical, 2019 - 2022, USD Million
- TABLE 86 Singapore AR VR Software Market by Vertical, 2023 - 2030, USD Million
- TABLE 87 Singapore AR VR Software Market by Technology Type, 2019 - 2022, USD Million
- TABLE 88 Singapore AR VR Software Market by Technology Type, 2023 - 2030, USD Million
- TABLE 89 Singapore AR VR Software Market by Software Type, 2019 - 2022, USD Million
- TABLE 90 Singapore AR VR Software Market by Software Type, 2023 - 2030, USD Million
- TABLE 91 Malaysia AR VR Software Market, 2019 - 2022, USD Million
- TABLE 92 Malaysia AR VR Software Market, 2023 - 2030, USD Million
- TABLE 93 Malaysia AR VR Software Market by Vertical, 2019 - 2022, USD Million
- TABLE 94 Malaysia AR VR Software Market by Vertical, 2023 - 2030, USD Million
- TABLE 95 Malaysia AR VR Software Market by Technology Type, 2019 - 2022, USD Million
- TABLE 96 Malaysia AR VR Software Market by Technology Type, 2023 - 2030, USD Million
- TABLE 97 Malaysia AR VR Software Market by Software Type, 2019 - 2022, USD Million
- TABLE 98 Malaysia AR VR Software Market by Software Type, 2023 - 2030, USD Million
- TABLE 99 Rest of Asia Pacific AR VR Software Market, 2019 - 2022, USD Million
- TABLE 100 Rest of Asia Pacific AR VR Software Market, 2023 - 2030, USD Million
- TABLE 101 Rest of Asia Pacific AR VR Software Market by Vertical, 2019 - 2022, USD Million
- TABLE 102 Rest of Asia Pacific AR VR Software Market by Vertical, 2023 - 2030, USD Million
- TABLE 103 Rest of Asia Pacific AR VR Software Market by Technology Type, 2019 - 2022, USD Million
- TABLE 104 Rest of Asia Pacific AR VR Software Market by Technology Type, 2023 - 2030, USD Million
- TABLE 105 Rest of Asia Pacific AR VR Software Market by Software Type, 2019 - 2022, USD Million
- TABLE 106 Rest of Asia Pacific AR VR Software Market by Software Type, 2023 - 2030, USD Million
- TABLE 107 Key Information - Microsoft Corporation
- TABLE 108 Key Information - Google LLC
- TABLE 109 Key Information - Magic Leap, Inc.
- TABLE 110 Key Information - Adobe, Inc.
- TABLE 111 Key Information - Autodesk, Inc.
- TABLE 112 Key Information - NVIDIA Corporation
- TABLE 113 Key information - Advanced Micro Devices, Inc.
- TABLE 114 Key Information - Qualcomm, Inc.
- TABLE 115 Key Information - Zoho Corporation Pvt. Ltd.
- TABLE 116 Key Information - Hexagon AB
