Analysts predicted steady growth in demand for AR / VR devices and wearable electronics

The International Data Corporation (IDC) has released a fresh forecast for the global market for emerging gadgets. Analysts believe that this segment will see steady growth in the coming years.

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We are talking about helmets and glasses for augmented and virtual reality (AR / VR), wearable electronics and devices for the modern smart home.

According to experts, the designated market this year will reach $ 369.6 billion.The lion’s share of this amount will come from equipment for smart homes – approximately $ 289.9 billion. Another $ 77.8 billion will be brought by all kinds of wearable gadgets, including fully wireless submersible headphones. type and smart watch. AR / VR equipment will account for about $ 1.9 billion.

Until 2025, the CAGR (compound annual growth rate) will be 10.8%. As a result, by the middle of this decade, the volume of the named market will reach $ 524.9 billion.

In this amount, approximately $ 400.4 billion will bring a variety of devices for the smart home. Another $ 106.4 billion will fall on wearable electronics. Finally, $ 18.2 billion will come from sales of augmented and virtual reality devices.

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Johnson Smith

Johnson Smith is interested in Home Theater & Audio, Smart Tech, Google News & Products, How To, Apple News & Products, Cell Phones, Automotive Technology.

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