Augmented Reality Spending Exploding 11X To $36.4B in 2023, Greenlight Says

  • -

Augmented Reality Spending Exploding 11X To $36.4B in 2023, Greenlight Says

Apple just released ARKit and Google just released ARCore in the last few months. But revenue for augmented reality devices and content will hit a massive $36.4 billion in 2023, according to Greenlight Insight’s newest report.

That’s 11 times higher than the estimated $3.4 billion in revenue in 2019.

Current devices in the space include Microsoft’s Hololense, Google’s second version of the Google Glass, and the Meta 2. Apple’s new iPhone X and high-end Android-powered devices are the thin edge of the wedge driving augmented reality experiences into the consumer consciousness.

We’re about to see a lot more devices, however:

Search