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PDF-Light Field Market

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amusement parks and accounted for over 25% of the overall industry share in 2017.<br />

Manufacturers engaged in gaming industry are enhancing the experience of their<br />

customers by integrating VR into games. Several players are developing AR-based<br />

gaming & entertainment products such as Spectral Games S.A., which have integrated<br />

the technology in their games. Some of the major AR/VR-based games of the<br />

company include KnightFall AR, Crime Scene AR, Fury of the Gods, and Hot Wheels:<br />

Track Builder. Moreover, the adoption of the technology in other entertainment<br />

applications such as amusement parks, museums, and other fun zones is being<br />

witnessed which will increase over the coming years, thereby accelerating the light<br />

field market growth.<br />

Japan light field market, by application, 2017 & 2024 (USD Million)<br />

Latin America light field market is anticipated to grow at a CAGR of over 16% over the<br />

forecast timespan. AR & VR technologies are experiencing a high adoption in the Latin<br />

America in several application segments such as retail, hospitality, and automotive.<br />

Countries such as Brazil, and Mexico are the major economies, which are witnessing<br />

a high growth in these sectors, thereby driving the light field market.<br />

The growing retail sector in Latin America is forcing the retailers to adopt new<br />

strategies to gain a competitive advantage. With this, they are leveraging the<br />

proliferation of AR/VR technologies. The technology is bringing in a new interactive<br />

shopping and brand engagement experience to consumers in retail. With increasing<br />

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