
Petroc Taylor
Research expert covering global developments in the use of data
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Worldwide shipments of extended reality (XR) headsets stood at *** in 2020. The number of shipments is forecast to increase to *** million by 2025. XR headsets are expected to transform the way users experience media, software applications, and social networking.
XR is an umbrella term for all immersive technologies including augmented reality (AR), virtual reality (VR), and mixed reality, plus those that are yet to be created. VR creates an artificial environment, whereas AR simply makes use of the existing environment by overlaying new information on top of it. In both VR and AR, the information or imagery is typically made available to the user using a headset.
Regarded as the next iteration of the internet, the metaverse is where the physical and digital worlds come together. As an evolution of social technologies, the metaverse allows digital representations of people, known as avatars, to interact with each other in a variety of settings. Already, several companies including Meta, Microsoft, Roblox, and Epic are investing in their versions of the metaverse. Development of the metaverse will require collaboration across companies, creators, and policymakers.
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1 All prices do not include sales tax. The account requires an annual contract and will renew after one year to the regular list price.