Global market spend on extended reality (XR) technologies 2018-2023, by industry

As projected in a 2019 report, the business uses of extended reality (XR) technologies worldwide will increase across all industries from 2018 to 2023, with forecasts estimating that in 2023, 35 billion U.S. dollars will be spent on these technologies by the manufacturing and construction industry alone.
A common misconception is that virtual reality (VR) and augmented reality (AR) are limited to the gaming and entertainment industries. However, this is beginning to change, with experts finding that during 2019, industrial spending on XR technologies overtook consumer spending. By 2023, analysts have suggested that industrial usage will be three times larger than that of consumers, with the uses of XR technologies widening and developing further as businesses realize the full potential.

Market spending on extended reality (XR) technologies worldwide from 2018 to 2023, by industry

Exclusive Premium statistic

You need a Single Account for unlimited access.

  • Full access to 1m statistics

  • Incl. source references

  • Available to download in PNG, PDF, XLS format

Single Account

only $59 / month *
*Duration: 12 months, billed annually, single license

Access to this and all other statistics on 80,000 topics from

$708 / Year

Show detailed source information?
Register for free
Already a member?
Log in
Sources

Release date

May 2019

Region

Worldwide

Survey time period

2018 to 2019

Statista Accounts: Access All Statistics. Starting from $708 / Year
Basic Account
Get to know the platform

You only have access to basic statistics.
This statistic is not included in your account!

Single Account
Your perfect start with Statista
  • Instant access to 1m statistics
  • Download in XLS, PDF & PNG format
  • Detailed references

$59 / Month *

Corporate Account
Full access

Corporate solution including all features.

* All products require an annual contract.
   Prices do not include sales tax.

Statistics on "Virtual Reality (VR)"

Further Content: You might find this interesting as well

Statista Accounts: Access All Statistics. Starting from $708 / Year
Learn more about how Statista can support your business.