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Industrial XR Market to top $60bn by 2030, ABI Research Reveals

XR Today - Mixed Reality tag

The global industrial extended reality (XR) market is expected to reach $60 billion by 2030, findings from ABI Research revealed this week. Additionally, this is expected to create over $60 billion USD in global revenue by 2030, with XR training and instruction topping the list. billion USD by 2030.

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The XR Week Peek (2021.03.16): HTC launches Tracker 3.0, Facebook has 10,000 people working on XR, and more!

The Ghost Howls

For sure, as someone pointed out on Reddit, that number includes people in every kind of role, from game developers to customer support not to mention researchers. Apple already made hardware, so it already had the infrastructure to build it and just added XR people on top of this infrastracture, while Facebook could not).

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The New 3D Apple Arriving at WWDC

Robert Scoble

I have been talking with hundreds of people across the industry and have discovered that the changes coming to Apple are deeper than just a VR/AR headset. This is the fourth paradigm shift for Apple. So, what is Apple getting ready to announce over the next year? Eventually, I hear, Apple will even bring 3D to 2D monitors.

Apple 144
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The XR Week Peek (2022.08.01): Quest 2 price raise, PSVR 2 passthrough, Pico 4 leaks, and more!

The Ghost Howls

Zuck envisions that by 2030 the “metaverse” may be as profitable as advertising for Meta, but it is a prediction that is uncertain and it is expected 8 years from now. He also is aware of Apple entering the market, and said his employees that the battle between Meta and Apple is a battle between open ecosystems vs closed ecosystems.

Sony 382
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The XR Week Peek (2020.01.13): Zuckerberg shows his vision for the next decade, Vive Pro discounted to $600 and more!

The Ghost Howls

Regarding AR, Mark says that he believes that it is the next technological platform and that before 2030, it will be more important than smartphones. Apple signs a deal with Imagination Technologies. Apple has just signed a multi-year deal with Imagination Technologies. We believe that with you, Marky Z….

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Demystifying Extended Reality Tech

XR Today - Mixed Reality tag

billion by 2030 with a compound annual growth rate (CAGR) of 33.09 Also, Apple’s long-awaited headset is expected to release in 2023 , following ongoing revisions. New devices like the Magic Leap 2 are set to completely disrupt the AR market with cutting-edge technologies for enterprise use cases.

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VR is dead, the metaverse is dead. Maybe.

The Ghost Howls

There are companies making money by just making VR accessories or VR games. Maybe this “big thing” will be the famous Apple headset, which thanks to the Apple brand and some key innovations, will draw new people into our market. I myself have more opportunities in the field than I can handle. Rinse and repeat.