The augmented reality (AR) and virtual reality (VR) market size was $37.0 billion in 2019, and it is expected to reach $1,274.4 billion in 2030, while progressing at a CAGR of 42.9% during 2020–2030. This can be owed to the increasing adoption of the AR and VR technologies in the gaming, entertainment, education, tourism, and healthcare sectors.

The augmented reality (AR) and virtual reality (VR) market size was $37.0 billion in 2019, and it is expected to reach $1,274.4 billion in 2030, while progressing at a CAGR of 42.9% during 2020–2030. This can be owed to the increasing adoption of the AR and VR technologies in the gaming, entertainment, education, tourism, and healthcare sectors.