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How big will XR be by 2030?

Grand View Research forecasts XR at $1.07 trillion by 2030, up from $142.4 billion in 2023, 32.9% a year. Huge, but handle the consultant numbers with care, because the categories overlap. XR covers augmented, virtual and mixed reality. The same house forecasts spatial computing at $469.8 billion by 2030. Do not add the 2 together. Spatial computing overlaps with XR and adds the hardware, software and services that let computers understand 3D space. Apple, Meta, Google, Microsoft and Qualcomm are fighting for this interface. I put my own money where the forecast is: I sit on the advisory board of Augmento (a Dubai-based AR company), because skin in the game beats PowerPoint predictions. My forecast: AR reaches everyday life faster than full VR. Most people want digital intelligence added to the real world, not a day sealed inside another one. The winning device looks less like a computer strapped to your face and more like normal glasses. Holography matters, but it is 1 technology inside a bigger shift: computing leaves the rectangle and enters the room.

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AR GROWS 14X, FROM $42 BILLION IN 2025 TO $600 BILLION.SPATIAL COMPUTING + AUGMENTED INTELLIGENCE: AR'S NEXT LAYER.METAVERSE ECONOMY: $5 TRILLION. DON'T DO IT THE ZUCKERBERG WAY.

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More FAQs about Spatial Computing, AR, and the Metaverse

What is spatial computing?What is the future of augmented reality?What is extended reality (XR)?Is the metaverse dead, or just changing?What are digital twins and why do they matter?How big is the AR market by 2030?

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