Immersive Media Industry Size Is Expected To Reach USD 2.76 Million By 2022
Immersive Media Industry Data Book Covers Augmented Reality, Metaverse and Virtual Reality Markets. The global immersive media industry size was estimated at USD 86.02 Billion in 2021. The market is expected to expand at a CAGR of 36.3% CAGR (2022 - 2030). Augmented Reality Market Report Highlights The global augmented reality market size was estimated at USD 25.33 billion in 2021, and it is anticipated to reach USD 597.54 billion by 2030, expanding at a CAGR of 40.9% from 2022 to 2030. The outbreak has prompted incumbents of several industries and industry verticals to implement innovative AR-based solutions Mobile AR is poised for exponential growth as all the new mobile devices being introduced in the market are featuring built-in AR support The industrial and manufacturing segment accounted for the highest revenue share of 24.3% in 2021 The handheld devices segment is expected to grow at the highest CAGR of 42.4% from 2022 to 2030. Asia Pacific is expected to regi...