AR and VR headset sector to see a major bump of 31.5% by 2023! -Newsum 

Newsum |  Author : Akanksha Choudhary Published on Dec 22 2022

Demands of AR and VR headsets are anticipated to increase by 31.5% by 2023.

Additionally, long - term growth of more than 30% is anticipated over the next years, with 35.1 million units expected to be sold in 2026.

Within the first 3 quarters of 2022, Meta dominated the market and held 84.6% of the global AR/VR headset market.

Pico from ByteDance has a 7.4% share within the same time frame.

The top 5 list is rounded up by DPVR 1.8% HTC 1.1% and iQIYI 0.9%.

In the upcoming years, commercial growth will surpass consumer growth as enterprises will use VR headsets for training.

Due to the continued struggles of major companies like Microsoft & Mad Gaze, AR is currently facing new challenges.

This gap will be filled by Next-generation headsets and new AR competitors in upcoming years.

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