In 2021, the India Augmented Reality and Virtual Reality Market was valued at USD 1.69 billion. By the end of 2028, the market is anticipated to generate revenues of over $9.28 billion USD at a CAGR of 28%.
The Global India Augmented Reality and Virtual Reality Market study provides a detailed examination of the product/service sector, looking at both past trends and anticipated developments between 2023 and 2031. This study offers insights into the success of firms and the market as a whole in the previous year, serving as a useful resource for companies looking to develop effective plans for the upcoming years.
Up until 2028, the India AR and VR market would expand at a 28% CAGR.
Who Are the Major Players in the Augmented and Virtual Reality Market in India?
The competitive landscape of the industry has also been examined in addition to the assessments of the profiles of the key players:
Other well-known players include Microsoft Corporation, Google India Pvt Ltd, Samsung India Electronics, Tata Elxsi Limited, SmartVizx Private Limited, Northern Mind Tech LLP, and Merxius Software Private Limited.
Description of segments
Market Snapshot
Market Size & Forecast, 2018-2028, by Value
Based on value ($million USD)
Market Size and Prediction
Using Product
A head-mounted display
Cellular Applications
Google Glass
Display in the Head
AR Programs
By Size of Organization
Small businesses
Medium Businesses
Large Businesses
By Providing
Hardware
Software
Service
Using Application
Enterprise
Consumer
By the user
Personalized electronics
Automotive
Healthcare
Manufacturing
Defense
Others.