Extended Reality Market accounted to be~US$31.5 billion in 2019. The market is anticipated to grow at a CAGR of ~66% from 2020 to 2030.
The growth of the extended reality market can be attributed to several factors, which have led to its wide-scale adoption.Continuous advancements in technology,expansion of the gaming industry, and increasing adoption of augmented & virtual reality solutions in education and rising investments in AR & VR, among others, are anticipated to further contribute to the growth of the market during the forecast period.However,technological complexities in the implementation process coupled with cost and slow growth in underdeveloped economies are likely to restrain growth of the market to a certain extent.
Major Key Players of the Extended Reality Market are:Qualcomm Technologies, HP Reveal, Accenture, Dassault Systems SolidWorks Corporation, Agile Lens, TATA ELXSI, Northern Digital, SoftServe, AugRay, and Mirari LLC, among others.
Read More @ https://www.openpr.com/news/2027378/extended-reality-market-to-witness-growth-acceleration-during
The growth of the extended reality market can be attributed to several factors, which have led to its wide-scale adoption.Continuous advancements in technology,expansion of the gaming industry, and increasing adoption of augmented & virtual reality solutions in education and rising investments in AR & VR, among others, are anticipated to further contribute to the growth of the market during the forecast period.However,technological complexities in the implementation process coupled with cost and slow growth in underdeveloped economies are likely to restrain growth of the market to a certain extent.
Major Key Players of the Extended Reality Market are:Qualcomm Technologies, HP Reveal, Accenture, Dassault Systems SolidWorks Corporation, Agile Lens, TATA ELXSI, Northern Digital, SoftServe, AugRay, and Mirari LLC, among others.
Read More @ https://www.openpr.com/news/2027378/extended-reality-market-to-witness-growth-acceleration-during
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