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Virtual Reality: The Most Disruptive Technology of the Next Decade, IDTechEx Reports
Virtual, augmented and mixed reality products have continued to receive high levels of funding and investment during the 2010 decade. This is predicted to continue into the next decade. IDTechEx forecasts that the AR/VR and MR to be over $30Bn by 2030. This market will impact many different industries and its use cases wide-reaching and the technology will continue to innovate and accelerate innovation in these industries.
IDTechEx has a range of market research reports covering virtual reality, augmented reality, and mixed reality products. Part of the wearables portfolio, the parent report "Augmented, Mixed and Virtual Reality 2020-2030" and the detailed technology analysis of "Optics and Displays in AR, VR and MR 2020-2030: Technologies, Players and Markets" provide the key insights and deep analysis of this innovative technology for the next decade. The detailed market research report "Augmented, Mixed and Virtual Reality 2020-2030" from IDTechEx reviews and analyzes over 100 products and details of over 80 companies, to create detailed conclusions about the future of this market. Alongside this, IDTechEx offers a second deeper dive report into the optics and display technologies in AR/MR/VR devices.
Recently the versatility of mixed and augmented reality products has come to the forefront of the news, with an Imperial led project at the Imperial College Healthcare NHS Trust. COVID has put the spotlight on this hands-free, interactive technology, and it is unlikely that this focus will move for some time. There will be a need for this technology in many new use cases, which previously did not require hands-free, or remote capabilities.
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