The statistic shows automotive industry's spending on augmented and virtual reality (AR/VR) worldwide in 2017 and 2025. In 2025, the global automotive AR and VR market is forecast to reach about 673 billion U.S. dollars, with a CAGR of 175.7 percent from 2018 to 2025. Technological advancement in connectivity is a major reason that drive the fast growth of the market.
Global AR/VR automotive spending 2017 and 2025
Automotive augmented and virtual reality (AR/VR) market worldwide in 2017 and 2025
(in million U.S. dollars)
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Further related statistics
Allied Market Research. (February 13, 2019). Automotive augmented and virtual reality (AR/VR) market worldwide in 2017 and 2025 (in million U.S. dollars) [Graph]. In Statista. Retrieved December 10, 2019, from https://www.statista.com/statistics/828499/world-ar-vr-automotive-spending/
Allied Market Research. "Automotive augmented and virtual reality (AR/VR) market worldwide in 2017 and 2025 (in million U.S. dollars)." Chart. February 13, 2019. Statista. Accessed December 10, 2019. https://www.statista.com/statistics/828499/world-ar-vr-automotive-spending/
Allied Market Research. (2019). Automotive augmented and virtual reality (AR/VR) market worldwide in 2017 and 2025 (in million U.S. dollars). Statista. Statista Inc.. Accessed: December 10, 2019. https://www.statista.com/statistics/828499/world-ar-vr-automotive-spending/
Allied Market Research. "Automotive Augmented and Virtual Reality (Ar/Vr) Market Worldwide in 2017 and 2025 (in Million U.S. Dollars)." Statista, Statista Inc., 13 Feb 2019, https://www.statista.com/statistics/828499/world-ar-vr-automotive-spending/
Allied Market Research, Automotive augmented and virtual reality (AR/VR) market worldwide in 2017 and 2025 (in million U.S. dollars) Statista, https://www.statista.com/statistics/828499/world-ar-vr-automotive-spending/ (last visited December 10, 2019)