EXTENDED REALITY GROWTH FORECAST

XR is a growth industry. Based on the size of today’s cell phone market, XR users in the United States are expected to hit 600-700 billion by 2025. (fig. 1)

XR growth is predicted in every sector with consumer spending leading the market for the next five years. (fig. 2)

Domestically, total revenues are forecasted to reach $35 billion by 2025, with $16.1 billion coming from business sectors and $18.9 billion coming from consumer markets. (fig. 3)

The global XR market is also forcasted to explode with revenues totaling $72.7 billion US dollars by 2024 and a CAGR of 46%. (fig. 4)