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Worldwide Augmented and Virtual Reality Hardware Forecast Update, 2023–2027: CY 4Q23

Publisher IDC
Published Nov 03, 2023
Length 18 Pages
SKU # IDC18286645

Description

Worldwide Augmented and Virtual Reality Hardware Forecast Update, 2023–2027: CY 4Q23


This IDC study provides an updated forecast for the worldwide augmented and virtual reality hardware market for the 2023–2027 period."Although 2023 will show another year of decline, it will show a significant slowdown compared with 2022," says Ramon T. Llamas, research director, Augmented and Virtual Reality team, IDC. "Like other computing device markets, the AR/VR market was susceptible to macroeconomic and inflationary challenges leading customers to reassess their needs in 2023. With economic recovery and new devices expected in 2024, the AR/VR market will reenter its growth phase."

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 Splits
Augmented Reality Hardware Forecast
Commercial Versus Consumer and Regional AR 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

Pricing

Currency Rates
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