Thursday, 27 July 2017

Augmented and virtual reality revenue to reach $162bn in 2020

By Total Telecom staff
Tuesday 16 August 16

Sales of AR/VR hardware are expected to generate more than 50% of worldwide revenues throughout the forecast period.

Worldwide revenues for the augmented reality and virtual reality (AR/VR) market are expected to increase from $5.2 billion in 2016 to more than $162 billion in 2020 according to latest forecasts from IDC.   This represents a compound annual growth rate (CAGR) of 181.3% over the 2015…

Worldwide revenues for the augmented reality and virtual reality (AR/VR) market are expected to increase from $5.2 billion in 2016 to more than $162 billion in 2020 according to latest forecasts from IDC.   This represents a compound annual growth rate (CAGR) of 181.3% over the 2015…

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