IDC: The CAGR of the Chinese AR/VR market is expected to exceed 41% over the next five years. The market size could surpass $10.5 billion by 2029.

The Wise Finance APP learned that the international data company (IDC) recently released the 2025 version 1 IDC "Global Augmented and Virtual Reality Spending Guide". IDC predicts that the global investment in augmented and virtual reality (AR/VR) will reach $15.22 billion in 2024 and is expected to increase to $39.70 billion by 2029, with a five-year compound annual growth rate (CAGR) of 21.1%.