Exploring current and future trends in XR technology and applications
Did you know that in 2023, consumer XR headset shipments reached 17.8 million, which is over triple the number of commercial XR shipments, at 5.6 million? The business-to-consumer XR market surged to 31.1 billion US dollars, marking a 23% growth from 2022. Mobile AR dominates the XR landscape with a market value of 21.1 billion US dollars, overshadowing the VR market, which stands at 15.8 billion US dollars (https://www.statista.com/topics/6072/extended-reality-xr).
Being armed with the capabilities and tools to create immersive XR experiences and witnessing the rapid expansion of the XR market, you might ponder which XR niche to prioritize. This section will explore the primary domains employing XR. You’ll gain insights into ongoing XR research, discover leading companies in each segment, and understand emerging trends and applications. Let’s begin by examining a sector showing significant XR adoption...