Worldwide Augmented and Virtual Reality Hardware Forecast Update, 2023–2027: CY 3Q23

Worldwide Augmented and Virtual Reality Hardware Forecast Update, 2023–2027: CY 3Q23


This IDC study provides an updated forecast for the worldwide augmented and virtual reality hardware market for the 2023–2027 period."2023 is a year for modest growth for the worldwide AR/VR market, but it is also laying down some key pieces going forward," says Ramon T. Llamas, research director with IDC's Augmented and Virtual Reality team. "Now that Apple has unveiled its Vision Pro device, Sony has released its PSVR 2, and Meta has announced its Quest 3, the market seems eager for new updates and entrants that can grow the market and raise awareness and usage among consumers and commercial users."

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
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

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