On the backs of a tough economic environment and rising prices, International Data Corporation (IDC) has reduced its outlook for augmented reality (AR) and virtual reality (VR) headsets for the remainder of 2022 and beyond. Global shipments for AR and VR headsets will decline by 12.8% in 2022, dropping to 9.7 million units. Growth is expected to return in 2023 as shipments are forecast to jump 31.5% year over year. Sustained growth of more than 30% is also forecast for the next several years culminating in 35.1 million units shipped in 2026.
Read MoreAn exciting and fast-moving Augmented Reality/Virtual Reality (AR/VR) market is on the horizon that will bring novel content types and usage scenarios. To support that, networks and connectivity technologies grow in pure bandwidth capabilities and Mixed Reality (XR)-friendly capabilities like latency, network handoff, and slicing. According to global technology intelligence firm ABI Research, 30% of total augmented reality shipments, and 23% of VR shipments will include cellular connectivity by 2027.
Read MoreUser interface (UI) technologies have moved beyond simply representing machines to users to enabling sophisticated and personalized interaction. Their use has accelerated in healthcare, manufacturing, education, retail, and banking to simplify interactivity and improve engagement. The global AR/VR market is expected to reach $661.40 billion by 2025.
Read More