In 2022, the number of augmented reality (AR) and virtual reality (VR) devices shipped worldwide reached 9.11 million units, with forecasts suggesting that this is set to fall to 7.45 million units in 2023.
AR/VR market
AR, VR, and mixed reality (MR) are the cornerstones of the extended reality (XR) field. XR technologies extend the reality we experience by either merging the virtual and the “real” worlds, or by creating a fully immersive experience. AR/VR headset vendors include Meta, Sony, and HTC who offer VR devices, while Microsoft, Magic Leap, Vuzix, and Apple offer AR headsets and glasses.
Metaverse
Whether it be at work, in an office, going to concerts or sports events, or even trying on clothes, the metaverse provides a space for endless, interconnected virtual communities using VR headsets, AR glasses, smartphone apps, or other devices. The potential metaverse market opportunity ranges from 3.75 trillion U.S. dollars to 12.46 trillion U.S. dollars, depending on the share of the digital economy that shifts to the metaverse and market expansion. Regarded as the next iteration of the internet, the metaverse is where the physical and digital worlds come together.
Augmented reality (AR) and virtual reality (VR) headset shipments worldwide from 2020 to 2023
(in millions)
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TrendForce. (May 22, 2023). Augmented reality (AR) and virtual reality (VR) headset shipments worldwide from 2020 to 2023 (in millions) [Graph]. In Statista. Retrieved October 10, 2024, from https://www.statista.com/statistics/653390/worldwide-virtual-and-augmented-reality-headset-shipments/
TrendForce. "Augmented reality (AR) and virtual reality (VR) headset shipments worldwide from 2020 to 2023 (in millions)." Chart. May 22, 2023. Statista. Accessed October 10, 2024. https://www.statista.com/statistics/653390/worldwide-virtual-and-augmented-reality-headset-shipments/
TrendForce. (2023). Augmented reality (AR) and virtual reality (VR) headset shipments worldwide from 2020 to 2023 (in millions). Statista. Statista Inc.. Accessed: October 10, 2024. https://www.statista.com/statistics/653390/worldwide-virtual-and-augmented-reality-headset-shipments/
TrendForce. "Augmented Reality (Ar) and Virtual Reality (Vr) Headset Shipments Worldwide from 2020 to 2023 (in Millions)." Statista, Statista Inc., 22 May 2023, https://www.statista.com/statistics/653390/worldwide-virtual-and-augmented-reality-headset-shipments/
TrendForce, Augmented reality (AR) and virtual reality (VR) headset shipments worldwide from 2020 to 2023 (in millions) Statista, https://www.statista.com/statistics/653390/worldwide-virtual-and-augmented-reality-headset-shipments/ (last visited October 10, 2024)
Augmented reality (AR) and virtual reality (VR) headset shipments worldwide from 2020 to 2023 (in millions) [Graph], TrendForce, May 22, 2023. [Online]. Available: https://www.statista.com/statistics/653390/worldwide-virtual-and-augmented-reality-headset-shipments/