The augmented reality and virtual reality market value stood at $37.0 billion in 2019, and it is predicted to surge to $1,274.4 billion by 2030, demonstrating a CAGR of 42.9% from 2020 to 2030 (forecast period). The major factors fueling the expansion of the market are the growing use of AR and VR technologies in the entertainment, tourism, healthcare, education, and gaming sectors. Additionally, the falling costs of these technologies, on account of several advancements and innovations, are also contributing toward their booming popularity around the world. Read more: https://www.prnewswire.com/news-releases/ar-and-vr-market-set-to-witness-huge-growth-through-2030-ps-intelligence-301169816.html