AR, VR Displays to Become $4.2B Business by 2026: DSCC
Augmented and virtual reality will become a multibillion-dollar business opportunity for display makers over the next five years, reported Display Supply Chain Consultants Monday. It forecast annual revenue for AR and VR displays will grow at a 52% compound annual…
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growth rate, reaching $4.2 billion globally in 2026. “Major brands with strong ecosystems like Apple and Sony are planning to release new headsets,” said DSCC analyst Guillaume Chansin. “There are now better components designed specifically for head-worn devices instead of smartphones,” and the rollout of 5G should enable more AR and VR content to be delivered, he said. “Investment in new display technologies will lead to a new generation of headsets with compelling visual performance and more compact form factors.”