Tag archives: 2026

The virtual reality and augmented reality industry is expected to witness rapid growth over the next few years and inject fresh impetus into a wide range of sectors like education, healthcare and entertainment, said a report released by global market consultancy International Data Corp. Data from IDC showed that the investment scale of global AR and VR markets was close to $14.67 billion in 2021, and is expected to increase to $74.73 billion in 2026, with a compound annual growth rate or CAGR of 38.5 percent. Specifically, the CAGR of the Chinese market is expected to reach 43.8 percent during