Augmented and Virtual Reality spending to reach $13.8B in 2022, ~32% growth

Nov. 30, 2022 2:38 PM ETAAPL, GOOG, MSFT, SONY, NVDA, QCOM, META, GOOGLBy: Manshi Mamtora, CFA18 Comments

Woman wearing VR Glasses s


Spending on AR and VR is expected to reach $13.8B this year and to $50.9B in 2026, according to IDC reports. The five-year compound annual growth rate (CAGR) will be 32.3%.

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