IDC: China’s AR spending is expected to grow rapidly at a five-year CAGR of 49.0%

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Pinwan, May 26, according to IDC’s 2022 V1 version of IDC’s “Global Augmented and Virtual Reality Spending Guide” recently released, according to IDC’s latest forecast data, the total global AR/VR investment scale in 2021 will be close to 14.67 billion US dollars, and It is expected to increase to $74.73 billion in 2026. Among them, the five-year CAGR of the Chinese market is expected to reach 43.8%, ranking first in the world in terms of growth rate.

According to IDC’s latest forecast data, the scale of IT-related spending in China’s AR/VR market in 2021 will be approximately US$2.13 billion and will increase to US$13.08 billion in 2026, making it the second largest single country market in the world. Among them, AR spending will grow rapidly at a five-year CAGR of 49.0%, and VR spending will maintain a steady growth at a five-year CAGR of 41.5%. VR technology will remain the main area of ​​user attention during the five-year forecast period of 2022-2026, which will attract about 70% of AR/VR market-related investments.

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