Last year, the augmented and virtual reality market in the the United States reached US$4.25 billion, an amount comparable to pennies in a bucket compared to the $130+ billion forecast in the this week’s global market report. “Augmented Reality and Virtual Reality Market to 2025…” cover a broad range of uses, driving factors, and industry leaders based on key trends in technology, including Big Data, cloud computing, and home automation. While virtual reality accounted for 82.1% of the total market revenue share in 2015, substantial growth in the augmented reality sector is expected to affect virtual reality’s firm standing in the bifurcated market over the next ten years. The report also considers and forecasts market growth in geographical areas of the world.
Global report projects US$130 Billion AR/VR Market by 2025
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