North America is one of the prominent regions in Augmented Reality and Virtual Reality market which will contribute highest to the revenues globally due to high technological developments and considerable usage of AR & VR technology and products.
North America and Europe dominate the global smart parking systems market, however, they are expected to lose market share to Asia Pacific during the forecast period. APAC is expected to register a growth rate of 32.9% during 2015 to 2025.
APAC currently holds the highest market share in the global telecom billing and revenue management market, and is expected continue its dominance during the forecast period. The region is estimated to register a growth rate of 12.1% during 2016 to 2025
China led the laser diode market in Asia Pacific (APAC) in 2015 and is expected to continue its dominance by rising at a CAGR of 11.8% during the forecast period from 2015 to 2025