AR Insider’s research arm, ARtillery Intelligence has released new estimates and forecasts for VR revenue growth. Highlights include:
Global VR revenue is projected to grow from U.S. $8.3 billion in 2021 to U.S. $28.8 billion in 2026, a 28.3 percent compound annual growth rate (CAGR).
Global consumer VR spending is projected to grow from $4.98 billion in 2021 to $18.4 billion in 2026, a 29.9 percent compound annual growth rate. That figure is hardware-dominant in early years as an installed base is established. Over time, software will build on that base and gain revenue share with a faster refresh rate; and as more in-market hardware incentivizes developers to create content.
Full story at AR Insider
