Connect with us

Technology

Spatial Computing Market Size to Grow USD 1304 Million by 2030 at a CAGR of 13.1% | Valuates Reports

Published

1 year ago

on

BANGALORE, India, Feb. 27, 2024 /PRNewswire/ — Spatial Computing market is Segmented by Type (Software/Platform, Service), by Application (Healthcare, Transport, Engineering, Education, Architecture, Manufacturing, Entertainment, Automotive, Others): Global Opportunity Analysis and Industry Forecast, 2024-2030.

The global Spatial Computing market was valued at USD 551 million in 2023 and is anticipated to reach USD 1304 million by 2030, witnessing a CAGR of 13.1% during the forecast period 2024-2030.

Claim Your Free Sample Now:

https://reports.valuates.com/request/sample/QYRE-Auto-9I10805/Global_and_United_States_Spatial_Computing_Market_Report_Forecast_2022_2028

Major Factors Driving the Growth of Spatial Computing Market

The development of augmented reality (AR), virtual reality (VR), and mixed reality (MR) technologies, which allow for immersive digital experiences and interactions with the real world, is one of the drivers driving the growth of the spatial computing industry. Businesses in a variety of industries are using spatial computing to transform the way they develop, simulate, collaborate, and visualize data in three dimensions as these technologies become more widely available and powerful. Furthermore, the application of spatial computing is spurring innovation, raising efficiency, boosting consumer experiences, and opening up new avenues for interactive storytelling and content production in sectors including gaming, education, healthcare, manufacturing, and retail.

Unlock Insights: View Full Report Now!

https://reports.valuates.com/market-reports/QYRE-Auto-9I10805/global-and-united-states-spatial-computing

TRENDS INFLUENCING THE GROWTH OF SPATIAL COMPUTING MARKET

The market for spatial computing is mostly driven by the ongoing developments in AR and VR technology. These technologies make it possible to create immersive virtual environments (VR) or to overlay digital information over the real world (AR). The need for spatial computing solutions that make use of AR and VR for a variety of applications, including teaching, gaming, and visualization, is anticipated to increase dramatically as these technologies become more advanced and widely available. The potential of mixed reality (MR), which combines aspects of virtual reality and augmented reality, to seamlessly merge digital material with the real world is gaining popularity across sectors. Immersion experiences, interactive simulations, and data visualization are made possible by MR solutions.

The need for location-based services (LBS) is increasing, which is driving the market for spatial computing. Personalized information, navigation, and services are provided by LBS based on the geographic position of the user by using spatial data. The need for spatial computing solutions to support the creation of cutting-edge location-based services (LBS) in a variety of industries, such as retail, transportation, and tourism, is growing due to the widespread use of smartphones, wearables, and Internet of Things (IoT) devices that are outfitted with GPS and other positioning technologies. The construction of intelligent, location-aware systems and settings is made possible by the integration of spatial computing with the Internet of Things (IoT), which is propelling market expansion. Indoor positioning systems (IPS) and sensor fusion algorithms are examples of spatial computing technologies that can improve Internet of Things applications by offering real-time spatial awareness.

By providing voice commands, immersive interfaces, and intuitive gestures, spatial computing enables more natural types of human-computer interaction (HCI) and improved user experiences. Spatial computing solutions are essential in providing seamless, intuitive, and contextually relevant experiences across a variety of devices and platforms, as consumers want more immersive and engaging interactions with digital material and gadgets. The need for spatial computing solutions is being driven by the gaming and entertainment sectors, which are utilizing AR, VR, and MR technologies to provide interactive storytelling, immersive gaming experiences, and location-based entertainment. Spatial computing is changing how people consume and engage with digital entertainment material, propelling market growth in several industries from virtual reality theme parks to augmented reality mobile apps.

The market for spatial computing is expanding due to the development of digital twin technology, which makes it possible to create virtual copies of real assets, settings, and systems. In sectors including manufacturing, healthcare, and urban planning, digital twins use spatial computing to synchronize real-time data with virtual models, enabling predictive analytics, remote monitoring, and simulation-based decision-making.

Own It Today – Buy Now!

https://reports.valuates.com/api/directpaytoken?rcode=QYRE-Auto-9I10805&lic=single-user

SPATIAL COMPUTING MARKET  SHARE ANALYSIS

Due to the existence of major industry participants, technical advancements, and a strong consumer desire for immersive experiences, North America now leads the world market for spatial computing. The area is known for its cutting-edge infrastructure, large R&D expenditures, and a legal framework that encourages innovation in augmented reality (AR), virtual reality (VR), and mixed reality (MR) technology.

The United States’ Silicon Valley and Canada’s research institutes are major tech hubs that support the region’s leadership in spatial computing. Further driving market expansion is the extensive use of spatial computing solutions in North America across a range of industries, such as gaming, entertainment, healthcare, and education.

Key Players:

MicrosoftAmazonMagic Leap Limited

Purchase Regional Data:

https://reports.valuates.com/request/regional/QYRE-Auto-9I10805/Global_and_United_States_Spatial_Computing_Market_Report_Forecast_2022_2028

SUBSCRIPTION

We have introduced a tailor-made subscription for our customers. Please leave a note in the Comment Section to know about our subscription plans.

DISCOVER MORE INSIGHTS: EXPLORE SIMILAR REPORTS!

–  The global Quantum Computing market size was valued at USD 235.52 million in 2021 and is forecast to be a readjusted size of USD 1,785.32 million by 2028 with a CAGR of 34.50% during the forecast period 2022-2028.

–  The global Fog Computing market size is projected to reach USD 539.8 million by 2026, from USD 40 million in 2019, at a CAGR of 44.3% during the forecast period 2021-2026.

–  Multi-access Edge Computing (MEC) Market

–  The global Healthcare Cloud Computing revenue was USD 29360 million in 2022 and is forecast to a readjusted size of USD 89750 million by 2029 with a CAGR of 17.1% during the review period (2023-2029).

–  AI based Edge Computing Chip Market

–  The global Cognitive Computing market size is projected to reach USD 30200 million by 2028, from USD 7639.3 million in 2021, at a CAGR of 21.5% during 2022-2028.

–  The global Edge Computing Market in Manufacturing revenue was USD 1531.4 million in 2022 and is forecast to a readjusted size of USD 12460 million by 2029 with a CAGR of 34.5% during the review period (2023-2029).

–  The global Cloud Computing Market revenue was USD 131400 million in 2022 and is forecast to a readjusted size of USD 804820 million by 2029 with a CAGR of 29.2% during the review period (2023-2029).

–  The global Mixed Reality market size is projected to reach USD 2482.9 million by 2028, from USD 331.4 million in 2021, at a CAGR of 28.7% during 2022-2028.

–  Quantum Cloud Computing Market

–  The global Context Aware Computing market size is expected to reach USD 83240 million by 2029, growing at a CAGR of 17.0% from 2023 to 2029.

–  Automotive High-Performance Computer Market

–  The global Serverless Computing market size is expected to reach USD 28960 million by 2029, growing at a CAGR of 20.8% from 2023 to 2029.

–   The global Visual Computing market size is projected to reach USD 43070 million by 2028, from USD 14110 million in 2021, at a CAGR of 17.0% during 2022-2028.

–  Aircraft Health Monitoring Systems (AHMS) Market

–  The global In-Memory Computing market is projected to grow from USD 15720 million in 2023 to USD 35300 million by 2029, at a Compound Annual Growth Rate (CAGR) of 14.4% during the forecast period.

–  Advanced Telecommunications Computing Architecture Blades Market

–  The global conversational AI market size was valued at USD 5.78 billion in 2020 and is projected to reach USD 32.62 billion by 2030, registering a Compound Annual Growth Rate (CAGR) of 20.0% from 2021 to 2030.

–  Confidential Computing Market

–  The global Affective Computing market was valued at USD 835 million in 2023 and is anticipated to reach USD 10580 million by 2030, witnessing a CAGR of 43.2% during the forecast period 2024-2030.

–  Fabric Computing Market

–  Geospatial Analytics Market

DISCOVER OUR VISION: VISIT ABOUT US!

Valuates offers in-depth market insights into various industries. Our extensive report repository is constantly updated to meet your changing industry analysis needs.

Our team of market analysts can help you select the best report covering your industry. We understand your niche region-specific requirements and that’s why we offer customization of reports. With our customization in place, you can request for any particular information from a report that meets your market analysis needs.

To achieve a consistent view of the market, data is gathered from various primary and secondary sources, at each step, data triangulation methodologies are applied to reduce deviance and find a consistent view of the market. Each sample we share contains a detailed research methodology employed to generate the report. Please also reach our sales team to get the complete list of our data sources.

YOUR FEEDBACK MATTERS: REACH OUT TO US!

Valuates Reports
sales@valuates.com
For U.S. Toll-Free Call 1-(315)-215-3225
WhatsApp: +91-9945648335
Website: https://reports.valuates.com
Blog: https://valuatestrends.blogspot.com/
Pinterest: https://in.pinterest.com/valuatesreports/
Twitter: https://twitter.com/valuatesreports
Facebook: https://www.facebook.com/valuatesreports/
https://www.facebook.com/valuateskorean
https://www.facebook.com/valuatesspanish
https://www.facebook.com/valuatesjapanese 

Logo: https://mma.prnewswire.com/media/1082232/Valuates_Reports_Logo.jpg

View original content:https://www.prnewswire.co.uk/news-releases/spatial-computing-market-size-to-grow-usd-1304-million-by-2030-at-a-cagr-of-13-1–valuates-reports-302072588.html

Related Topics:
Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

Compass Analytics Achieves Alteryx Authorized Professional Services Partner (APSP)

Published

38 minutes ago

on

May 23, 2025

By

Milestone recognizes Compass’s proven Alteryx expertise and trusted implementation capabilities

MONTREAL, May 23, 2025 /CNW/ – Compass Analytics, a leading Canadian data consulting firm, is proud to announce its certification as an Alteryx Authorized Professional Services Partner (APSP) — a designation reserved for partners who demonstrate deep technical expertise and consistent success in implementing Alteryx solutions.

The Alteryx APSP program enables customers to easily identify and engage with partners who demonstrate advanced product knowledge, certified consultants, and a consistent track record of delivering measurable results. As an APSP, Compass joins an elite group of partners capable of leading strategic deployments of Alteryx. 

“This achievement is a testament to Compass Analytics’ commitment to excellence and proven ability to drive transformative outcomes for clients using Alteryx,” said Ben Sudol, Strategic Alliances Manager at Alteryx. 

As an Alteryx Authorized Professional Services Partner (APSP), Compass Analytics brings:

Certified Alteryx professionals with hands-on implementation experienceProven delivery methodologies and planning frameworksA strong track record of customer satisfaction and successA passion for solving complex business challenges and making customers successful

“We are thrilled to achieve the highest level of certification and recognition from Alteryx,” said William Chan, Co-Founder & CEO at Compass Analytics. “This recognition further confirms Compass as one of North America’s leading data analytics consulting firms and is a testament to our team’s expertise and capabilities. We are deeply grateful to our clients for trusting us to deliver their most impactful projects.”

Compass Analytics becoming APSP certified further positions Compass Analytics as a strategic partner for organizations looking to accelerate their analytics initiatives and maximize ROI with Alteryx.

To learn more about Compass Analytics and its Alteryx capabilities, visit https://www.compassdata.ca

About Compass Analytics

Compass Analytics is a premier Canadian data consulting firm specializing in digital transformation planning, data engineering, machine learning, and application development. Partnering with some of the world’s largest multinational companies, Compass Analytics delivers innovative tools and solutions that empower clients to gain a competitive edge in their respective industries.

About Alteryx

Alteryx offers a leading AI Platform for Enterprise Analytics that delivers actionable insights by automating analytics. Alteryx helps enterprises transform complex, disconnected data into a clean, AI-ready state. Whether you’re creating financial forecasts, analyzing supplier performance, segmenting customer data, analyzing employee retention, or building competitive AI applications from your proprietary data, Alteryx makes it easy to cleanse, blend, and analyze data to unlock the unique insights that drive impactful decisions.

SOURCE Compass Analytics Services Inc.

Continue Reading

Technology

Yardi Expert David Bellew elected to Argentum Board of Directors

Published

38 minutes ago

on

May 23, 2025

By

Senior director of Senior Living Suite joins board of national senior living industry association

SANTA BARBARA, Calif., May 23, 2025 /CNW/ — David Bellew, senior director, client services at Yardi®, was elected to the Argentum Board of Directors and took a seat at the May 20 board meeting. Argentum is the leading national trade association serving companies that own, operate and support professionally managed senior living communities. Yardi, a sponsor of Argentum for over 20 years, is now an Argentum Platinum partner.

The Argentum Board of Directors plays a critical role in shaping strategic direction, advising on policy and advocacy. The board drives initiatives that support quality care, workforce development and operational success in the senior living sector.

David Bellew is an accomplished leader in the health care industry with more than 20 years of experience implementing enterprise software systems. Bellew joined Yardi in 2014, working with Yardi Senior Living Suite clients.

“I’m honored to serve on the board, collaborating to improve the quality of life for senior living residents and support the workforce that cares for them,” Bellew said. “The mission of the board directly aligns with my daily work leading teams who are dedicated to helping our clients use technology to enhance resident care and empower staff.”

Learn more about Argentum. To learn how integrated senior living software transforms resident care, visit Yardi Senior Living.

About Yardi
Yardi® develops industry-leading software for all types and sizes of real estate companies across the world. With more than 10,000 employees, Yardi is working with our clients to drive significant innovation in the real estate industry. For more information on how Yardi is Energized for Tomorrow, visit yardi.com.

Logo – https://mma.prnewswire.com/media/2447766/5336300/Yardi_Logo.jpg

View original content to download multimedia:https://www.prnewswire.com/news-releases/yardi-expert-david-bellew-elected-to-argentum-board-of-directors-302464503.html

SOURCE Yardi

Continue Reading

Technology

Bottle Rocket and DTI Digital Announce Merger to Deliver End-to-End Digital Transformation Solutions

Published

38 minutes ago

on

May 23, 2025

By

DALLAS, May 23, 2025 /PRNewswire/ — Bottle Rocket, a Dallas-based digital product company, and DTI Digital, a leading digital transformation company headquartered in Belo Horizonte, Brazil, are pleased to announce their official merger, effective January 1, 2025. This strategic union brings together two innovation powerhouses to offer a full suite of digital transformation services—spanning both Experience Transformation and Enterprise Transformation—to clients around the globe.

Following the merger, the companies will continue to operate under their existing brands. DTI Digital will continue to operate as is in Brazil, while the joint entity will operate in the United States under the name Bottle Rocket.

Together, Bottle Rocket and DTI Digital will deliver seamless, end-to-end solutions that help organizations not only meet today’s demands but also capitalize on tomorrow’s opportunities. With deep expertise across digital product creation, design, development, cloud engineering, IT modernization, and enterprise consulting, the combined entity is uniquely positioned to drive business impact at scale. This includes leveraging AI to optimize internal processes, supported by robust and cost-effective nearshore delivery capabilities, and unlock new efficiencies for our clients.

“This merger is about accelerating the value we bring to our clients,” said Marcelo Szuster, CEO of DTI Digital and Bottle Rocket. “By joining forces with Bottle Rocket, we extend our reach and capabilities, combining outstanding user experience expertise with deep enterprise engineering skills. Our strong nearshore delivery model further enhances this, providing cost-effective scale and agility. Together, we are creating a truly global partner for companies looking to transform with speed and precision.”

“For the U.S. market, this merger means access to a broader and deeper set of capabilities, and an opportunity to deliver even greater value to each and every customer wherever they are in their digital transformation journey,” said Matt Smith, EVP, Client Engagement & Growth at Bottle Rocket. “Our clients can now rely on us not only to create exceptional digital experiences but also to engineer the resilient, scalable platforms that power them, unlocking even greater business outcomes and growth potential.”

The merger strengthens Bottle Rocket’s and DTI Digital’s ability to serve clients across industries, with teams in North and South America ready to partner from strategy through execution, at the speed of tomorrow.

About Bottle Rocket

Bottle Rocket is a full-service digital transformation partner that empowers businesses to rapidly transform and thrive in the digital age. We are an amazing global network of over 1,100 customer-focused crafters and specialists that mobilize global resources in unique ways to ensure excellence and rapid value delivery at scale. We offer a comprehensive suite of digital transformation services that spans Enterprise Transformation and Experience Transformation. To learn more, visit us at bottlerocketstudios.com or drop us a note at hello@bottlerocketstudios.com.

Media Contact: Jana Boone, jana.boone@bottlerocketstudios.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/bottle-rocket-and-dti-digital-announce-merger-to-deliver-end-to-end-digital-transformation-solutions-302464508.html

SOURCE Bottle Rocket

Continue Reading

Trending