Global Augmented and Virtual Reality Content and Application Market Growth (Status and Outlook) 2020-2024. “ The report on Global Augmented and Virtual
What is the best sector to begin a startup business?
For me its VR (Virtual Reality) and AR (Augmented Reality) industry.
Here are some stats on why its good:
- In 2021, the augmented and virtual reality market is expected to reach a market size of 215 billion U.S. dollars.
- By 2025, it is predicted that augmented and virtual reality software for video games will have 216 million users worldwide and be worth 11.6 billion U.S. dollars.
- In 2018, consumer hardware spending is expected to account for 15.6 percent of global AR/VR spending that year. Total AR/VR spending worldwide is projected to amount to 17.8 billion U.S. dollars in 2018.
- In 2018, AR devices are projected to generate 54 billion U.S. dollars in revenue.
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