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Dec 31, 2020 (Heraldkeepers) Market Analysis The extended reality market is projected to reach USD 393 billion at a healthy 69.4% CAGR between 2019- 2025, states the new Market Research Future (MRFR) analysis. Extended reality or XR comprises of mixed reality (MR), augmented reality (AR), and virtual reality (VR), and all in between. It has wide applications in transportation, retail and e-commerce, manufacturing and industrial, media and entertainment, healthcare, and others. Various factors are fuelling the demand for the extended reality market. Such factors, as revealed by the new MRFR analysis, include the increase in work from home jobs during the COVID-19 outbreak resulting in the rising trend for VR/AR products, rising adoption of connected devices, smartphones, and 5G, increasing partnerships and collaborations, growing focus on gesture-based computing, rapid developments in sensor technology, focus on research and development related to sensor technology, and miniatur

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