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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.

Industry 105
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XR Market Growth to Top $345.9bn by 2030, Report Shows

XR Today - Augmented Reality tag

billion USD by 2030, with a compound annual growth rate (CAGR) of 33.09 from 2022 to 2030. Education, entertainment, gaming, and training sectors have seen unprecedented growth in XR adoption. Doctors can leverage the technology to access detailed scans of patients in real-time with Magic Leap, HoloLens 2, and other headsets.

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Is Ubiquitous AR a Decade Away?

AR Insider

Magic Leap One is one example of this sequence playing out, and the company has paid for it. The latter is seen in AR advertising , gaming and camera commerce. It may not really reach the full scale until 2030. . This framing makes AR’s 2030 deferment easier to swallow. Realistic Timeline.

AR 289
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Vantari VR Expands Training Solution to Middle East, Italy

XR Today - Virtual Reality

It has also received an Epic Games’ MegaGrant and accolades from XTC, The Auggie Awards, Telstra, and the Australian Information Industry Association’s (AIIA) iAwards. Vantari VR and World Health Organisation Goals The news comes after the World Health Organisation (WHO) outlined its Global Safety Action Plan 2021 – 2030.

Italy 236
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A WHITE PAPER AND SKILL GAP ANALYSIS OF EXPERIENTIAL TECHNOLOGIES IN INDIA (2024)

XROM

These groundbreaking technologies are not only transforming entertainment with immersive gaming experiences but also revolutionizing learning through simulators and interactive applications. Companies like VPL Research played a significant role in popularizing VR applications for diverse industries, including gaming, training, and simulation.

India 59
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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. Another interesting thing is that Pico is not copying Meta or Magic Leap in proposing inside-out tracked controllers : these ones still have a tracking ring.

Sony 358
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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. The very accurate analyst ended his forecast with the last theatrical shot, saying that by 2030 Apple will also have its AR contact lenses.

HTC 426