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.
3 related prediction cards
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.→Related blogs
Augmented Reality: AR Market 10x, Hitting $600 Billion by 2030→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?→Your question not here? Ask Igor. 2 free questions with your email, unlimited for members.
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