According to the latest forecasts from ABI Research, the augmented and virtual reality (AR/VR) technology sector is on the verge of a revolution - by 2028, the number of AR/VR sets delivered is expected to increase more than fivefold, reaching 69 million units.
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It is predicted that the majority of the market will belong to autonomous devices, with smart glasses taking second place in user preferences. Meanwhile, traditional AR/VR goggles, which require a connection to a computer or smartphone, are expected to make up only a small part of the market. Growth is expected to be driven by new devices introduced by tech giants like Apple and is expected to significantly increase consumer interest in AR/VR technology.
ABI Research analysts expect AR and VR to find valuable applications in businesses, especially in the areas of training and remote support.
– The implementation of this technology by consumers, although slow, has made some progress in games using virtual reality – emphasizes Eric Abbruzzese, Director of Research at ABI Research.
Abbruzzese adds that although smart glasses are not yet fully ready for the mass market, they are already proving very useful in business applications.
– Over time, it will be possible to nurture developer ecosystems and secure content partnerships. Content shortages should not be a problem – he adds.
In the next five years, it is expected that competitive actions and technological progress will make AR/VR devices more affordable for a wider audience.
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