Worldwide Augmented and Virtual Reality Hardware Forecast Update, 2020–2024: CY 2Q20

Worldwide Augmented and Virtual Reality Hardware Forecast Update, 2020–2024: CY 2Q20

This IDC study provides the worldwide augmented and virtual reality hardware forecast update for the 2020–2024 period."Declines in the worldwide AR and VR market have slowed down in recent quarters, and anticipated new products in 2020 will return the market back to growth," says Ramon T. Llamas, research director, IDC's Mobile Devices and AR/VR team. "Demand and interest are still there, but implications from the COVID-19 pandemic have yet to fully manifest themselves. Vendors should be prepared for flexibility when stronger growth returns."

Please Note: Extended description available upon request.


IDC Market Forecast Figure
Executive Summary
Advice for Technology Suppliers
Market Forecast
VR Hardware Forecast
Commercial Versus Consumer and Regional VR Splits
AR Hardware Forecast
Commercial Versus Consumer and Regional AR Splits
Market Context
Drivers and Inhibitors
Drivers
Consumer and Commercial Interest
Maturing Silicon Technologies
Availability of Software
Inhibitors
The Impact of COVID-19
High Cost of Hardware
Significant Market Developments
Changes from Prior Forecast
Market Definition
Methodology
Related Research

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook