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Spend on AR/VR will jump 92% to USD 27 bln this yr, led by China - IDC

Friday 1 June 2018 | 11:11 CET | News
Spending on AR/VR products and services this year is expected to jump 92 percent from the year before to USD 27 billion, according to the latest study from IDC. CAGR for 2017-2022 will reach almost 72 percent. The consumer sector will keep its leadership position this year, with spend seen at USD 14.2 billion. The US will show the largest CAGR over the five years, at 99.1 percent. The Middle East & Asia, and Asia Pacific (excluding Japan) (APeJ) will experience similar CAGRs followed closely by Latin America. In 2018, China will top all regions in spend at USD 10.2 billion, mainly on host

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Categories: Internet / Mobile & Wireless
Countries: World
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