For more information on the report including how covid has impacted the ar vr market major drivers for optic and display choices in an ar mr or vr device strengths and weaknesses of the six major micro display types used in ar mr and vr devices and projected sales trends of optical devices and display devices from 2020 to 2030 read the.
Ar vr devices market.
The terms virtual reality vr augmented reality ar mixed reality mr are getting thrown around alot these days.
In 2017 the global augmented reality and virtual reality market size stood at usd 11 35 billion and the industry is forecasted to reach usd 571 42 billion by 2025 rising at a cagr of 63 3.
In terms of vr high penetration of head mounted displays hmds in gaming and entertainment and availability of affordable devices are major drivers of the market.
The global augmented reality ar and virtual reality vr market share valued at 37 0 billion in 2019 and it is projected to witness a cagr of 42 9 in between 2020 2030.
T he report published today by global analyst company ccs insight shows the worldwide market for virtual reality vr and augmented reality ar head worn devices growing by an average of 50 percent annually over the next five years.
Forecast by analyst firm ccs insight paints an optimistic picture of immersive tech adoption.
Growing focus of vendors on price reduction is an important driver of ar and vr industry.
According to a recent report published by allied market research titled ar vr chip market by type and application.
You ve got a plethora of devices oculus rift htc vive samsung gear vr google glass microsoft hololens odg r 8 epson moverio the list goes on.
Table 16 virtual reality market device type 2015 2023 thousand units table 17 virtual reality hmd market by application 2015 2023 usd million.
13 2020 prnewswire the global market for ar and vr is segmented based on application organization size industry vertical and region to provide an in depth analysis.
10 augmented reality and virtual reality market geographical analysis page no.
154 10 1 introduction 10 2 north america.