Global Augmented Reality Navigation Market Size, Share & Trends Analysis Report By Type (Outdoor Navigation and Indoor Navigation), By Component (Hardware, Software, and Services), By End Use, By Regional Outlook and Forecast, 2024 - 2031
The Global Augmented Reality Navigation Market size is expected to reach $14.37 billion by 2031, rising at a market growth of 38.5% CAGR during the forecast period.
AR technology has revolutionized the gaming industry, with popular games like Pokemon Go leveraging AR navigation to create immersive, location-based experiences. AR navigation is also used in entertainment venues, such as theme parks and museums, to enhance the visitor experience by providing interactive, real-time guidance to exhibits or attractions. Hence, the gaming & entertainment segment held 15% revenue share in the market in 2023. The growing popularity of AR gaming and entertainment experiences has driven significant revenue in this segment, contributing to its promising growth.
As industries increasingly embrace smart technologies, the application of AR in manufacturing becomes essential for remaining competitive in the market. AR navigation offers a clear advantage by helping workers perform tasks more effectively and enhancing training programs by providing real-time, on-the-job assistance. The continued growth of smart manufacturing worldwide will likely see AR navigation systems becoming integral to industrial operations, further cementing their role in optimizing productivity and reducing operational costs. Additionally, cloud computing has facilitated collaboration and integration between industries, allowing AR navigation systems to access a broader range of data sources, such as real-time traffic feeds, public transportation schedules, and environmental factors like weather conditions. This interconnectedness enhances the quality of AR navigation, providing users with not just directions but a richer, more informative navigation experience that can help them make better decisions on the go. Hence, advancements in cloud computing and data processing technologies propel the market's growth.
However, to address these concerns, AR navigation providers must implement robust data security measures, such as end-to-end encryption, anonymous data processing, and transparent privacy policies. Companies that fail to address these issues may face public backlash, legal consequences, and loss of customer trust. For the market to reach its full potential, AR providers must balance the benefits of personalized navigation with the need for strong privacy protections to ensure widespread adoption. In conclusion, privacy and data security concerns impede the market's growth.
Component Outlook
Based on component, the market is divided into hardware, software, and services. The services segment held 38% revenue share in the market in 2023. This segment includes AR navigation solution development, customization, support, and maintenance. As the demand for AR-based navigation systems grows, businesses increasingly seek tailored solutions to meet their specific needs, such as location-based services for retail, smart city infrastructure, or autonomous vehicles. Services provided by AR companies-such as consulting, implementation, and training-help ensure seamless integration and optimization of AR navigation systems.
Type Outlook
On the basis of type, the market is segmented into indoor and outdoor navigation. The outdoor navigation segment recorded 57% revenue share in the market in 2023. This growth is driven by the widespread adoption of AR technology in outdoor applications, particularly in industries like automotive, tourism, and transportation. Outdoor AR navigation systems use GPS, real-time data, and augmented reality overlays to provide users with enhanced directions, points of interest, and real-time guidance while navigating outdoor environments. For instance, the integration of AR in smart vehicles allows drivers to receive AR-guided directions overlaid onto their windshields, making navigation easier and safer.
End Use Outlook
By end use, the market is divided into aerospace & defense, gaming & entertainment, healthcare, e-commerce & retail, military & defense, education, industrial & manufacturing, and others. In 2023, the industrial & manufacturing segment registered 23% revenue share in the market. This growth is driven by the increasing application of AR navigation in industrial environments, where it assists in warehouse management, inventory tracking, and equipment maintenance tasks. AR-based navigation systems help workers efficiently navigate large industrial facilities, providing real-time data overlays and guiding them to specific locations or objects. Additionally, AR navigation aids in the training of employees, offering interactive, step-by-step guidance for complex procedures and improving safety and operational efficiency. The growing adoption of AR technology for streamlining industrial processes and improving productivity has significantly contributed to the segment's dominance.
Regional Outlook
Region-wise, the market is analyzed across North America, Europe, Asia Pacific, and LAMEA. The North America region witnessed 36% revenue share in the market in 2023. The region is a global leader in technological advancements, particularly in AR applications across aerospace, healthcare, e-commerce, and manufacturing industries. The high adoption rate of AR-enabled devices, combined with a tech-savvy consumer base and significant investments from major companies in the AR space, has contributed to North America's market dominance.
List of Key Companies Profiled
Google LLC (Alphabet Inc.)
Apple, Inc.
Microsoft Corporation
WayRay AG
Fujitsu Limited
IndoorAtlas Ltd.
Niantic, Inc.
Mapbox, Inc.
HERE Global B.V.
Sygic a.s.
Global Augmented Reality Navigation Market Report Segmentation
By Type
Outdoor Navigation
Indoor Navigation
By Component
Hardware
Software
Services
By End Use
Industrial & Manufacturing
E-Commerce & Retail
Gaming & Entertainment
Healthcare
Aerospace & Defense
Education
Military & Defense
Other End Use
By Geography
North America
US
Canada
Mexico
Rest of North America
Europe
Germany
UK
France
Russia
Spain
Italy
Rest of Europe
Asia Pacific
China
Japan
India
South Korea
Singapore
Malaysia
Rest of Asia Pacific
LAMEA
Brazil
Argentina
UAE
Saudi Arabia
South Africa
Nigeria
Rest of LAMEA
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 Global Augmented Reality Navigation Market, by Type
1.4.2 Global Augmented Reality Navigation Market, by Component
1.4.3 Global Augmented Reality Navigation Market, by End Use
1.4.4 Global Augmented Reality Navigation Market, by Geography
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
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
3.3 Porter Five Forces Analysis
Chapter 4. Global Augmented Reality Navigation Market by Type
4.1 Global Outdoor Navigation Market by Region
4.2 Global Indoor Navigation Market by Region
Chapter 5. Global Augmented Reality Navigation Market by Component
5.1 Global Hardware Market by Region
5.2 Global Software Market by Region
5.3 Global Services Market by Region
Chapter 6. Global Augmented Reality Navigation Market by End Use
6.1 Global Industrial & Manufacturing Market by Region
6.2 Global E-Commerce & Retail Market by Region
6.3 Global Gaming & Entertainment Market by Region
6.4 Global Healthcare Market by Region
6.5 Global Aerospace & Defense Market by Region
6.6 Global Education Market by Region
6.7 Global Military & Defense Market by Region
6.8 Global Other End Use Market by Region
Chapter 7. Global Augmented Reality Navigation Market by Region
7.1 North America Augmented Reality Navigation Market
7.1.1 North America Augmented Reality Navigation Market by Type
7.1.1.1 North America Outdoor Navigation Market by Country
7.1.1.2 North America Indoor Navigation Market by Country
7.1.2 North America Augmented Reality Navigation Market by Component
7.1.2.1 North America Hardware Market by Country
7.1.2.2 North America Software Market by Country
7.1.2.3 North America Services Market by Country
7.1.3 North America Augmented Reality Navigation Market by End Use
7.1.3.1 North America Industrial & Manufacturing Market by Country
7.1.3.2 North America E-Commerce & Retail Market by Country
7.1.3.3 North America Gaming & Entertainment Market by Country
7.1.3.4 North America Healthcare Market by Country
7.1.3.5 North America Aerospace & Defense Market by Country
7.1.3.6 North America Education Market by Country
7.1.3.7 North America Military & Defense Market by Country
7.1.3.8 North America Other End Use Market by Country
7.1.4 North America Augmented Reality Navigation Market by Country
7.1.4.1 US Augmented Reality Navigation Market
7.1.4.1.1 US Augmented Reality Navigation Market by Type
7.1.4.1.2 US Augmented Reality Navigation Market by Component
7.1.4.1.3 US Augmented Reality Navigation Market by End Use