The $100bn Opportunity Of Augmented & Virtual Reality
information age, Thursday, July 27,2023
Here's how augmented reality (AR) and virtual reality (VR) recruitment will prove valuable in the near future
The global extended reality (XR) market, which includes augmented reality (AR), virtual reality (VR), and mixed reality (MR) is predicted to exceed $100bn by 2026.
VR's compound annual growth rate (CAGR) is expected to rise by 28 per cent each year, with oil, gas, and manufacturing industries driving growth. Meanwhile, AR is forecasting an impressive CAGR of 51 per cent by 2030, the future of XR has the potential to transform our daily lives.