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Augmented Reality and Virtual Reality Market Size to Grow by USD 162.71 billion | Increasing demand for VR and AR technology to boost the growth | Technavio

Retrieved on: 
Tuesday, June 28, 2022

NEW YORK, June 28, 2022 /PRNewswire/ -- The Augmented Reality (AR) and Virtual Reality (VR) Market size is expected to increase by USD 162.71 billion.

Key Points: 
  • NEW YORK, June 28, 2022 /PRNewswire/ -- The Augmented Reality (AR) and Virtual Reality (VR) Market size is expected to increase by USD 162.71 billion.
  • The report extensively coversaugmented reality (AR) and virtual reality (VR) marketsegmentationby technology (AR and VR) and geography (North America, APAC, Europe, MEA, and South America).
  • Download sample report
    Key Augmented Reality and Virtual Reality Market Report Highlights:
    APAC will account for 34% of market growth.
  • Increasing demand for VR and AR technology:
    A rising number of customers are actively looking for information related to VR.

Augmented Reality and Virtual Reality Market Size to Grow by USD 162.71 billion | Technavio

Retrieved on: 
Friday, April 1, 2022

NEW YORK, March 31, 2022 /PRNewswire/ -- The augmented reality (AR) and virtual reality (VR) market size is expected to increase by USD 162.71 billion from 2020 to 2025.

Key Points: 
  • NEW YORK, March 31, 2022 /PRNewswire/ -- The augmented reality (AR) and virtual reality (VR) market size is expected to increase by USD 162.71 billion from 2020 to 2025.
  • Moreover, the growth momentum of the market will accelerate at a CAGR of 46% during the forecast period.
  • Download our FREE sample report
    Key Augmented Reality and Virtual Reality Market Report Highlights:
    With 34% of the growth originating from APAC, this region will record a fast growth rate from 2020 to 2025.
  • Facebook Inc. -The company offers AR and VR under the brand name Oculus virtual reality products.