Lucintel Forecasts the Global Extended Reality (XR) Market to Reach $768 Billion by 2030
Lucintel Forecasts the Global Extended Reality (XR) Market to Reach $768 Billion by 2030
Blog Article
According to a market report by Lucintel, the future of the global extended reality (XR) market looks promising with opportunities in the education, retail, industrial and manufacturing, healthcare, media and entertainment markets. The global extended reality (XR) market is expected to reach an estimated $768 billion by 2030 from $43 billion in 2023 at a CAGR of 53% from 2023 to 2030. The major drivers for this market are increasing adoption of gesture-based computing, growing trend of miniaturization in smart devices, and easy availability of affordable VR devices across the globe.
A total of less than 200 pages report to understand trends, opportunity and forecast in global extended reality (XR) market to 2030 by component (hardware, software, and services), type (consumer engagement and business engagement), organization size (small and medium-sized enterprises and large enterprises), end use (education, retail, industrial and manufacturing, healthcare, media and entertainment, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecast that business engagement is expected to witness highest growth over the forecast period.
Within this market, media and entertainment will remain the largest segment.
North America will remain the largest segment over the forecast period.
Sony, Accenture, Qualcomm, SoftServe, SphereGen Technologies, HTC Corporation, Google, Meta, Apple are the major suppliers in the extended reality (XR) market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
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Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056