Mexico Augmented Reality & Virtual Reality In Manufacturing Market Size & Outlook

The augmented reality & virtual reality in manufacturing market in Mexico is expected to reach a projected revenue of US$ 1,721.9 million by 2030. A compound annual growth rate of 27.6% is expected of Mexico augmented reality & virtual reality in manufacturing market from 2023 to 2030.
Revenue, 2022 (US$M)
$244.8
Forecast, 2030 (US$M)
$1,721.9
CAGR, 2023 - 2030
27.6%
Report Coverage
Mexico

Mexico augmented reality & virtual reality in manufacturing market highlights

  • The Mexico augmented reality & virtual reality in manufacturing market generated a revenue of USD 244.8 million in 2022 and is expected to reach USD 1,721.9 million by 2030.
  • The Mexico market is expected to grow at a CAGR of 27.6% from 2023 to 2030.
  • In terms of segment, hardware was the largest revenue generating component in 2022.
  • Services is the most lucrative component segment registering the fastest growth during the forecast period.


Augmented reality & virtual reality in manufacturing market data book summary

Market revenue in 2022USD 244.8 million
Market revenue in 2030USD 1,721.9 million
Growth rate27.6% (CAGR from 2022 to 2030)
Largest segmentHardware
Fastest growing segmentServices
Historical data2018 - 2021
Base year2022
Forecast period2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationHardware, Software, Services
Key market players worldwideCAE Inc, GE HealthCare Technologies Inc Common Stock, Koninklijke Philips NV, Intuitive Surgical Inc, Siemens Healthineers AG ADR, EON Reality, Layar, BioflightVR, WorldViz, TheraSim, MindMaze


Other key industry trends

  • In terms of revenue, Mexico accounted for 3.1% of the global augmented reality & virtual reality in manufacturing market in 2022.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In North America, U.S. augmented reality & virtual reality in manufacturing market is projected to lead the regional market in terms of revenue in 2030.
  • Canada is the fastest growing regional market in North America and is projected to reach USD 4,832.1 million by 2030.

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Augmented Reality & Virtual Reality In Manufacturing Market Companies

Name Profile # Employees HQ Website

Mexico augmented reality & virtual reality in manufacturing market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to augmented reality & virtual reality in manufacturing market will help companies and investors design strategic landscapes.


Hardware was the largest segment with a revenue share of 55.11% in 2022. Horizon Databook has segmented the Mexico augmented reality & virtual reality in manufacturing market based on hardware, software, services covering the revenue growth of each sub-segment from 2018 to 2030.


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Target buyers of Mexico augmented reality & virtual reality in manufacturing market databook

  • Our clientele includes a mix of augmented reality & virtual reality in manufacturing market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Mexico augmented reality & virtual reality in manufacturing market , including forecasts for subscribers. This country databook contains high-level insights into Mexico augmented reality & virtual reality in manufacturing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Mexico augmented reality & virtual reality in manufacturing market size, by component, 2018-2030 (US$M)

Mexico Augmented Reality & Virtual Reality In Manufacturing Market Outlook Share, 2022 & 2030 (US$M)

Mexico augmented reality & virtual reality in manufacturing market size, by component, 2018-2030 (US$M)

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