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Global economic impact from virtual and augmented reality technology 2016-2020

The statistic shows three growth scenarios for global economic impact of augmented and virtual reality from 2016 to 2020. In the high-adoption scenario, the economic impact of VR/AR is forecast to amount to 29.5 billion U.S. dollars in 2020.

Projected economic impact of virtual and augmented reality technologies worldwide from 2016 to 2020 (in billion U.S. dollars)*

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Sources

Release date

February 2016

Region

Worldwide

Survey time period

February 2016

Supplementary notes

* Aggregate estimate of economic impact includes both the revenues generated from selling VR/AR devices in the next five years as well as additional GDP that will potentially be generated by economic activity in the larger VR/AR ecosystem.
Low adoption: Only innovators purchase VR/AR;
Medium adoption: Both innovators and early adopters purchase VR/AR;
Widespread adoption: Including innovators, early adopters and an early majority.

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Statistics on "Virtual reality (VR)"

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