Canada Spatial Computing Market Size & Outlook, 2023-2030
Canada spatial computing market, 2018-2030 (US$M)
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Canada spatial computing market highlights
- The Canada spatial computing market generated a revenue of USD 4,343.7 million in 2023 and is expected to reach USD 15,432.4 million by 2030.
- The Canada market is expected to grow at a CAGR of 19.9% from 2024 to 2030.
- In terms of segment, hardware was the largest revenue generating component in 2023.
- Services is the most lucrative component segment registering the fastest growth during the forecast period.
Spatial computing market data book summary
| Market revenue in 2023 | USD 4,343.7 million |
| Market revenue in 2030 | USD 15,432.4 million |
| Growth rate | 19.9% (CAGR from 2023 to 2030) |
| Largest segment | Hardware |
| Fastest growing segment | Services |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hardware, Software, Services |
| Key market players worldwide | Apple Inc, Alphabet Inc Class A, Lenovo Group Ltd, HTC Corp DR, Microsoft Corp, NVIDIA Corp, PTC, Qualcomm Inc, Oculus VisionTech Inc, Seiko Epson Corp, Sony Group Corp ADR, Unity Software Inc Ordinary Shares, Vuzix Corp, Avegant, Blippar, DAQRI, Magic Leap, 3D Cloud, Zappar |
Other key industry trends
- In terms of revenue, Canada accounted for 3.4% of the global spatial computing market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. spatial computing 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 15,432.4 million by 2030.
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Spatial Computing Market Scope
Spatial Computing Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Canada spatial computing 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 spatial computing market will help companies and investors design strategic landscapes.
Hardware was the largest segment with a revenue share of 67.59% in 2023. Horizon Databook has segmented the Canada spatial computing market based on hardware, software, services covering the revenue growth of each sub-segment from 2018 to 2030.
Canada is home to many innovative companies that are investing in the development of spatial computing solutions, creating a favorable environment for the growth of the market. Additionally, the
Canadian government has been investing in the development of digital infrastructure and supporting research and development in the field of spatial computing, further fueling market growth. Overall, the future looks promising for the Canada spatial computing market, with continued growth and innovation expected in the coming years.
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Our clientele includes a mix of spatial computing market companies, investment firms, advisory firms & academic institutions.
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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 Canada spatial computing market , including forecasts for subscribers. This country databook contains high-level insights into Canada spatial computing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada spatial computing market size, by component, 2018-2030 (US$M)
Canada Spatial Computing Market Outlook Share, 2023 & 2030 (US$M)
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