Human Augmentation Market is projected to reach a value of over USD 376.3 Billion by 2027

Human Augmentation Market: Summary

The Global Human Augmentation Market is projected to reach a value of over USD 376.3 Billion by 2027 at a CAGR of around 24%.

Human augmentation is referring to a technology which helps to enhance the physical improvements in the integral parts of human body, it is also called as Human 2.0 and Human Performance Enhancement (HPE). It is used to increase human efficiency as well as through artificial method. Whereas, it is latest advanced technology which aims to augments the physical and mental ability of the human body with the benefit of natural technology and artificial scientific.

Hence, the human augmentation will lead to create a major advancement in the healthcare as well as in military, which will enhance the growth of human argumentation market in the forecast period.

Human Augmentation Market: Drivers & Challenges

Market Driver:

  • Increasing Demand of Augmented Technologies

With the increasing demand of augmented technologies is witness to boost the growth of the human augmentation market. Whereas, it helps in augmented intelligence to perform various tasks without replacing the human as well as improve the wearable augmentation products. Also, it used to boost the healthcare sector, advance human genetic engineering, 3D bio-printing, Internet of things (IoT), Smart devices, and neurotechnology which create a positive impact to the growth of market.

Hence, the augmented reality also enhances with the latest innovation in mobile technology and big data analytics to advance the information rich communication channel for the business growth. Moreover, it helps to advance speed and reduce the time for the products which will lead to fuel the growth of the market in the projected period.

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Market Challenges:

  • Lack of Security

One of the major key concern of the human augmentation market is the lack of security as well as shortage of skilled professional which may hamper the market growth. Whereas, there is a shortage of cyber security professional which has create many complication of the market growth. Also, with the growth advancement in new technologies and frequently changing in the services and solution of the market, lead to create a gap between the skill set required for the modern technologies work. Hence, social and ethical issues as well as the high cost for the implantation medical, and lack of skilled workers are some of the factors challenging market growth in the projected period.

Human Augmentation Market: Key Segments

  • Segmentation based on Device: Body Worn and Non-Body Worn.
  • Segmentation based on Technology: Augmented Reality, Augmented Intelligence, Exoskeleton, Wearable, Virtual Reality and Intelligent Virtual Assistants.
  • Segmentation based on region covers: North America, Europe, Asia-Pacific, Middle East & Africa and South America with individual country-level analysis.

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Human Augmentation Market: Report Scope

The report on the Human Augmentation Market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country-wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.

Report FeaturesSpecificsHistorical/Estimated/Forecasted Market Size Years2019–2027Base Year for Market Calculation2020Forecasted Period2021–2027 (2021 estimated year, forecasted up to 2027)Measured UnitsValue (USD Million)Segments IncludedDevice, Technology, and RegionRegional CoverageNorth America, Asia-Pacific, Europe, Middle East & Africa, South America

Key Companies Covered

  • Vuzix Corporation. (Company Description, Company Overview, Product Synopsis, Key Developments, SWOT Analysis)
  • Google Inc.
  • SAMSUNG
  • Garmin Ltd.
  • FOSSIL GROUP, INC
  • B-Temia Inc
  • CASIO COMPUTER CO., LTD.
  • Magic Leap, Inc.
  • ReWalk Robotics
  • Polar Electro
  • Other Key Companies
  • ATOUN Inc.
  • GOQii

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Human Augmentation Market: Report Segmentation

For the scope of the report, In-depth segmentation is offered by Forencis Research

Human Augmentation Market, by Device

  • Body Worn
  • Non-Body Worn

Human Augmentation Market, by Technology

  • Augmented Reality
  • Augmented Intelligence
  • Exoskeleton
  • Wearable
  • Virtual Reality
  • Intelligent Virtual Assistants

Human Augmentation Market, by Region

  • North America
  • US
  • Canada
  • Mexico
  • Asia-Pacific
  • China
  • India
  • Japan
  • Taiwan
  • South Korea
  • Rest of Asia-Pacific
  • Europe
  • Germany
  • France
  • Italy
  • UK
  • Russia
  • Rest of Europe
  • Middle East & Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East & Africa
  • South America
  • Brazil
  • Argentina
  • Rest of South America

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Table of Content

1 Introduction

2 Research Design & Scope

3 Executive Summary

4 Market Dynamics

5 Industry Trends — Porters Five Forces Analysis

6 GLOBAL HUMAN AUGMENTATION MARKET BY DEVICE, Market Size in USD Million (2019–2027)

7 GLOBAL HUMAN AUGMENTATION MARKET BY TECHNOLOGY, Market Size in USD Million (2019–2027)

8 GLOBAL HUMAN AUGMENTATION MARKET BY REGION, Market Size in USD Million (2019–2027)

9 Competitive Landscape

10 Company Profiles

11 Appendix

About Forencis Research

Forencis Research is a B2B market research, intelligence and advisory firm engaging in market research and consulting services across leading industries, globally. Our robust and meticulous research team provides high growth and niche syndicated reports, customized reports and consulting reports to the diverse global fortune clientele and intellectual institutions. Forencis Research database is a constantly evolving pool of reports and white paper studies which helps companies to foster accelerated revenue growth in global and regional markets. Forencis Research delivers market research and consulting reports on high growth markets to help companies dominate their competition and set themselves apart by attaining increased revenue growth. To enable exclusive insights around the target market, Forencis Research employs robust research Methodology & Design which includes data acquisition, data synthesis and data correlation, through Primary and Secondary Research. Through the obtained data, Top-down and bottom-up methods are exercised to attain and verify data sanity within the entire market. This market data is yet again correlated with Forencis Research’s internal database before presenting it in any of our final publications. These methods of data correlation and amalgamation benefit us to put forward accurate market estimates enabling our clients to transform their business, markets and most importantly their “REVENUES”.

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