Global Market Size, Forecast, and Trend Highlights Over 2025-2037
AR/VR Chip Market size was valued at USD 5.26 billion in 2024 and is set to exceed USD 52.73 billion by 2037, expanding at over 19.4% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of AR/VR chip is evaluated at USD 6.13 billion.
The AR/VR chip market is led by the increasing demand for gaming experiences proliferation of augmented reality and virtual reality applications. According to the International Trade Administration, sales have increased as a result of the pandemic; in the United States, consumer spending on video games and subscription services has increased by a record 31%. The income generated by mobile gaming increased by 13.3% in 2020 to USD 77.2 billion.
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Frequently Asked Questions (FAQ)
In the year 2025, the industry size of AR/VR chip is evaluated at USD 6.13 billion.
The AR/VR chip market size was valued at USD 5.26 billion in 2024 and is set to exceed USD 52.73 billion by 2037, expanding at over 19.4% CAGR during the forecast period i.e., between 2025-2037. The market growth is attributed to increasing demand for gaming experiences proliferation of augmented reality and virtual reality applications.
Asia Pacific industry is predicted to dominate majority revenue share of 43% by 2037, influenced by growing use of virtual reality technology for consumer online learning, medical care, and training in the region.
The major players in the market are Qualcomm Technologies Inc., Honeywell International Inc., MEDIATEK INC., NVIDIA Corporation, Huawei Technologies Co., Ltd., Broadcom Inc., Meta Platforms Inc., Microsoft Corporation, Intel Corporation, International Business Machines Corporation (IBM), and others.
