Too Long; Didn't Read
In early 2021, Facebook reportedly had 10,000 people -- one-fifth of its workforce -- working on AR and VR. Prescient & Strategic Intelligence predicts that the market size for these technologies, valued at $37 billion in 2019, will be $1.274 trillion by 2030. AR/VR’s momentum is very much tied to that of that of 5G, which provides the faster speed and lower latency these technologies require -- and which is having a moment of its own.