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Worldwide Augmented and Virtual Reality Hardware Forecast, 2023–2027: CY 1Q23

Publisher IDC
Published Jan 18, 2023
Length 18 Pages
SKU # IDC17644404

Description

Worldwide Augmented and Virtual Reality Hardware Forecast, 2023–2027: CY 1Q23

This IDC study provides a forecast for the worldwide augmented and virtual reality hardware market for the 2023–2027 period."2022 saw market retrenchment from forces within and outside," points out Ramon T. Llamas, research director with IDC's Augmented and Virtual Reality team. "A combination of a reliance on older models, higher prices on key models, and continued pent-up demand for new device releases along with sustained economic challenges resulted in a down year for the AR/VR market. 2023 will reverse that trend with several key device launches and experiences as early as the first half of this year and continuing to the end of the year. From there, we expect slow and steady improvement in the years to come."

Please Note: Extended description available upon request.

Table of Contents

18 Pages
IDC Market Forecast Figure
Executive Summary
Advice for Technology Suppliers
Market Forecast
Virtual Reality Hardware Forecast
Commercial Versus Consumer and Regional VR Hardware Splits
Augmented Reality Hardware Forecast
Commercial Versus Consumer and Regional AR Hardware Splits
Market Context
Drivers and Inhibitors
Drivers
Warming Consumer and Commercial Interest
Maturing Silicon Technologies
Entrance of New Vendors
Inhibitors
Use of Smartphones and Tablets for AR
Exodus of Vendors
Significant Market Developments
Changes from Prior Forecast
Market Definition
Methodology
Related Research
How Do Licenses Work?
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