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Worldwide Augmented and Virtual Reality Hardware Forecast, 2023-2027: CY 1Q23

Worldwide Augmented and Virtual Reality Hardware Forecast, 2023-2027: CY 1Q23

  • Publish Date:January 2023

  • Number of Pages:18

  • Report ID:6383683

  • Format:PDF

  • Publisher:IDC

$ 4500

Summary

This IDC study provides a forecast for the worldwide augmented and virtual reality hardware market for the 2023-2027 period."2022 saw market retrenchment from forces within and outside," points out Ramon T. Llamas, research director with IDC's Augmented and Virtual Reality team. "A combination of a reliance on older models, higher prices on key models, and continued pent-up demand for new device releases along with sustained economic challenges resulted in a down year for the AR/VR market. 2023 will reverse that trend with several key device launches and experiences as early as the first half of this year and continuing to the end of the year. From there, we expect slow and steady improvement in the years to come."

Table of contents

IDC Market Forecast Figure

Executive Summary

Advice for Technology Suppliers

Market Forecast

Virtual Reality Hardware Forecast

Commercial Versus Consumer and Regional VR Hardware Splits

Augmented Reality Hardware Forecast

Commercial Versus Consumer and Regional AR Hardware 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

Methodology

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