Today’s immersive hardware customers have ever-increasing access to sleeker, more engaging virtual Reality (VR) experiences and marketplace statistics reflect that interest.
Over the last couple of years, VR has grown so dramatically users see the technology in all areas of life. Thanks to increasing consumer and enterprise brands,
the immersive market is growing with use cases that cover retail, tourism, training, and much more.
According to a report by Emerged Research,
VR technology will propel the extended reality (XR) market to roughly $1,246.57 billion by 2025. Moreover, the report forecasts the XR marketplace’s CAGR will jump to 24.2 percent in the same year.