Market Overview
As the MR industry gradually matures, MR is entering a period of explosive growth and is expected to be ubiquitous in the next five years, breaking through the trillion-dollar market size. MR serves not only as a new type of media technology but also as a powerful means of information exchange and consumption. It can convey any type of content and can be applied to any field. With the maturity of MR technology and the surge in demand, it is increasingly recognized by the public, attracting significant capital investment and greatly enhancing its market value
In recent years, technology giants such as Apple, Meta and Google have made significant investments and acquisitions in areas such as MR hardware and spatial scenes, taking MR as the most important development direction of the next-generation Internet and metaverse, combining it with the massive industrial and consumer markets. According to IDC and many other authoritative institutions' analysis and prediction, consumer-grade MR glasses and other related hardware will be released by Apple and Meta in 2024, setting off a new round of spatial Internet revolution, and the MR market scale will rapidly grow to $150 billion in 2025. Humans will exist simultaneously in the digital and physical worlds, requiring MR spatial computing and digital content engine services. The establishment of MR infrastructure will play a crucial role in the industry.
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