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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 104
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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. Doctors can leverage the technology to access detailed scans of patients in real-time with Magic Leap, HoloLens 2, and other headsets. It also estimates that the sector will reach around $345.9

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Saudi Arabia to Boost Tourism Sector with AR Navigation Technology

XR Today - Augmented Reality tag

The region is undergoing Saudi Arabia’s “Vision 2030 “, an initiative to boost its cultural and tourism sector. In May last year, ARway’s solution appeared on Magic Leap 2 devices – leveraging the headset’s eye tracking, spatial audio, and six degrees of flight (6DoF) for greater interactivity.

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Optimistic Market Forecasts Declare AR Smart Glasses Uptick – Leveraging AI, Biometric, Sustainability Trends

XR Today - Augmented Reality tag

Furthermore, ResearchAndMarkets expects the market to grow significantly by 13 million units by 2030, amounting to a Compound Annual Growth Rate (CAGR) of 53.0 per cent from 2023 to 2030. per cent CAGR and 613,300 unit shipments by 2030. per cent CAGR and 613,300 unit shipments by 2030. per cent CAGR until 2030.

Trends 92
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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. It may not really reach the full scale until 2030. . This framing makes AR’s 2030 deferment easier to swallow. Consumers have also been turned off to some degree. I think that that will be very exciting.

AR 291
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Magic Leap’s Peggy Johnson Joins Wharton School Metaverse Programme

XR Today - Mixed Reality tag

Peggy Johnson, Magic Leap’s Chief Executive , joined an interview in the Metaverse for a new online university programme on the role of spatial technologies in supporting the global economy. The course also offers a Magic Leap case study on the company’s shift from consumer to enterprise solutions.

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XR Talks: Hands-On with Hololens 2

AR Insider

The enterprise focus is comparatively what Magic Leap failed to do — at least at first. Most believe the answer is more of a 2030 reality than a 2023 one. That goes for product design, positioning and marketing — a departure from the original HoloLens. That’s the billion-dollar question in the AR world.

Wearables 335