VRE Service IconMetaverse, Augmented and Virtual Reality

Metaverse, Augmented and Virtual Reality

XR Market Will Return to Growth in 2021

Report Summary:

2020 has been a challenging year for almost all companies. Although the XR industry has perhaps been less impacted than others, Global XR (AR and VR combined) hardware revenues shrank by 14% from 2019 to 2020. Strategy Analytics expects a strong rebound next year. We project total Global XR hardware revenues to more than double (142% growth) in 2021. This insight explores the key reasons for the anticipated rebound.

Table of Contents

  1. XR Market Will Rebound in 2021
  2. Increased Consumer Interest in VR
  3. Console VR will be Boosted by PS5
  4. Smartphone Tethered AR Will Come of Age

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