How Could Covid-19 Change AR/VR’s Future?
Comprehensive report from Advanced Television on the impacts of the current situation on the AR/VR industry.
Covid-19 is impacting the lives of billions. Early stage technology markets such as virtual and augmented reality are trivial by comparison. However, AR/VR companies are dealing with knock-on effects both positive and negative.
Digi-Capital’s long-term virtual and augmented reality forecast is for the AR/VR market to reach around $65 billion (€60.9bn) revenue by 2024. However, the next two years are forecast to be impacted by Covid-19 related factors including (but not limited to) physical lockdowns, bricks-and-mortar retail closures, essential eCommerce delivery limitations, supply chain disruption (supplier, manufacturer, distribution, wholesale, retail) and recession/depression economic impacts. Although these and many other factors have far greater implications…
