The AR and VR related investment in the China market will reach US$4.09 billion in 2020, 65.9% higher than that in 2019, higher than the global average growth rate of 35.3%.
The overall market situation shows a good situation. At the same time, China will account for 38.3% of the global market share in 2020, the largest market of all, followed by the United States, Western Europe, and Japan.
According to IDC's latest forecast, China's AR/VR spending will exceed US$20 billion by 2024.
In 2020, the largest AR / VR segment in China will still be the consumer industry, accounting for about 50% of the total expenditure, but its growth rate will be slower than that of the business segment.
AR / VR related investment in China's commercial sector will maintain a growt...
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