The global extended reality (XR) market is expanding rapidly and is anticipated to reach USD 394.8 billion by 2030, with a CAGR of 38.5% during the forecast period. This growth is driven by the rising adoption of connected devices, increasing collaborations among industry players, and the growing acceptance of augmented reality (AR) and virtual reality (VR) technologies.
In recent years, the hardware segment dominated the market, accounting for approximately 55% of the revenue share. This domina
