Augmented Reality (AR) and Virtual Reality (VR) Market to Grow Rapidly

New York, NY -- (SBWIRE) -- 04/23/2019 -- The worldwide augmented reality (AR) and virtual reality (VR) market is growing on account of the increasing use of smartphones and tables, and advancements in computer technology and internet connectivity. In 2017, the sale of AR and VR devices and software generated a revenue of $6,158.5 million. Advancing at a mammoth 58.1% CAGR during the forecast period 2018–2023, the size of the domain is expected to grow to $94,395.8 million by 2023.