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.
Already subscribed? Sign in.
Don't Miss Out. Level Up.
You don't need to spend US$8,500 on each report for the latest China digital trends and intelligence. Invest with as little as one bottle of water per week.
Cancel at any time