Ar Vr Devices 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.
Ar vr devices market. 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. Global opportunity analysis and industry forecast 2018 2026 the global ar vr chip market size was 1 38 billion in 2018 and is projected to reach 7 76 billion by 2026 registering a cagr of 23 3 from 2019 to 2026. In 2022 a total of 121 million units will be sold with a value of. Forecast by analyst firm ccs insight paints an optimistic picture of immersive tech adoption.
10 augmented reality and virtual reality market geographical analysis page no. 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. Growing focus of vendors on price reduction is an important driver of ar and vr industry. Table 16 virtual reality market device type 2015 2023 thousand units table 17 virtual reality hmd market by application 2015 2023 usd million.
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. The ar market meanwhile will. 154 10 1 introduction 10 2 north america. The terms virtual reality vr augmented reality ar mixed reality mr are getting thrown around alot these days.
According to a recent report published by allied market research titled ar vr chip market by type and application.