The global market size for augmented reality (AR) and virtual reality (VR) is expected to reach $297 billion by 2024, roughly ten times the $30.7 billion market size in 2021, Statistica predicts.

XRHealth operates state-of-the-art therapeutic care Virtual Clinics, utilizing proprietary FDA and CE registered medical Extended Reality (XR) technology (virtual and augmented reality).

Meta Platforms (FB) posted a first-quarter loss of $2.96 billion in its recently created Facebook Reality Labs (FRL) division, which comprises its augmented and virtual reality operations ...

In contrast, virtual reality (VR) creates a completely new digitized environment. Augmented reality is easily accessible and affordable, as you do not need to purchase additional, costly equipment.

Augmented reality (AR) and virtual reality (VR) are two transformative technologies that have the power to address global challenges, reshape industries and redefine the way we perceive the world.

Last week, Apple introduced the Vision Pro, a mixed reality headset that the company says will usher in a new era of “spatial computing.” The headset blends both virtual reality and augmented ...

Why Snap, Unity, Xreal, and Texas A&M University are among Fast Company's Most Innovative Companies in augmented and virtual reality for 2025.

Mixed reality is likely going to be the future of the virtual reality market. IDC forecasts that AR year-over-year growth will start to outpace VR as soon as 2023.