AR Smart Glasses Shipments to Surpass 40M in 2027: ABI
Revenue from the global augmented reality market will top $220 billion in 2027 when the industry ships nearly 40 million AR smart glasses, reported ABI Research Thursday. Investment and interest in AR are growing “exponentially,” and much of the market…
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growth will “stem from the consumer market on the back of new hardware and content, though the enterprise AR space “will also continue to show strong growth,” it said. The media and entertainment and sports and fitness sectors will lead in AR adoption and growth over the next five years, their installed bases rising by 118% and 101% compound annual growth rates, respectively, said ABI. “Metaverse does play a role over the next five years, especially as a catalyst for interest and investment,” said ABI. “But day to day usage will still be found in more traditional ecosystems powering augmented reality.”