Augmented Reality and Virtual Reality Market worth US$ 130.01 Bn by 2 Augmented Reality and Virtual Reality Market worth | Page 2
Augmented Reality and Virtual Reality Market to 2025
Introduction
AR and VR technologies were incepted in early 90`s, but the technologies are getting into mainstream in recent
years. As the market is in emerging stage the number of players are limited and growing year on year, limited entry
barrier at present is encouraging new ventures in AR and VR market, while many big players such as Google, Inc.,
Microsoft, Facebook, and many others are focusing to capitalize the market through their products and services.
Though there are many other enterprises which have been working on these technologies are yet to spread their
footprints across the globe. The global AR and VR market is expected to grow at a CAGR of 41.2% during the forecast
period 2016 – 2025 and accounts for US$ 130.01 Bn in the year 2025.
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